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European capital market participants quite rightly remain unconvinced that the 90 day reprieve is anything to cheer
US stocks have been the big loser, while European banks could reap profits
Enthusiasm for a defence push on the continent is crucial but lacking
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Plotting market turning points is often prone to false starts -
Lessons learned should not be brushed aside as investors show caution
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CLO managers' interests often don't align with the needs of their own captive fund investors
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The riskiest of investment grade issuers find themselves the belles of the ball
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Public sector issuers have more flexibility with their funding, but must act quickly
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FCA and PRA hold power over the details, but caution will dominate without political impetus
