Re:

option pricing totally out of whack, eurobonds so=n the all time great short. unllikely to break zero. so =symmetric risk reward . keep an eye on saudi =AO and attitude towards keeping oil low . young g=neration not happy with that idea

Negative-yielding notes, etc seem like a sign of something =eally crazy...

No conviction on oil but agree that risks remain to the upside on price -- =audi appointment of bin Nayef seems like a big deal, suggesting they are r=ally scared.

the old guard is totally out. like the good old days= former crown prince now the equivalent of a doorman, am=assador bandar in exile. fun stuff