It’s all about Russian asses
Who’s up for a little Russian oil/commodity play?
We’ve all seen pics of Putin’s pecs — not bad, Tovarish — but for Standard Bank, it’s all about Russian asses right now.
In a research note published last week, analysts at the bank claimed that “Russian asses [sic] continue to rally back.”
That was enough to get Blog reading, in hopes that there might be some workout montage videos attached or something. But alas, the note turns out to be about Russian assets — oil, credit and equities, etc. etc.
It turns out though that the note still reads very excitingly if you parse it while listening to ‘Eye of the Tiger’.
Can’t keep him down
Top marks to RBC Capital Markets’ Stuart McGregor, who played through injury to appear at one of our SSA roundtables midweek. Stuart was able to offer plenty pearls of wisdom despite arriving on crutches.
But Blog wonders whether there might have been an ulterior motive for Stuart to attend. Also in our hotel venue were Premier League team, Swansea City ahead of their game against Tottenham Hotspur that evening.
Reports have surfaced that Stuart slipped off after the roundtable to try to convince Swansea’s top physios that he was actually midfield ace Jonjo Shelvey and in need of urgent treatment.