A tough couple of days skiing with RZB

Psychologists know the third Monday in January as Blue Monday. Statistically, it’s the most depressing day of the year. Indeed somebody somewhere has actually bothered to make to calculate this, taking into account the weather, debt (we presume they mean average household debt rather than dealfow in the syndicated loan market), the time since Christmas, the time since failing our New Year’s resolutions, low motivation levels and the feeling of a need to take some action.