It is a very dangerous finding, but I can confidently report that the Cinnamon Social from Ole and Steen is the premier coffee/meeting accompaniment for all occasions. The Danish bakery knocks up a 2 foot long, feeds-14-or-so slab of deliciousness and the good news is there is a one opening just around the corner from the Redburn office – not what we really need it in the run up to Christmas. Now this market does feel like it is in the midst of a daily balancing act at the moment and in honesty no side is really winning. The U.S. 10yr hit multi-year highs today and the USD was up 60bps which makes any rally in Equity markets for the time being quite tricky to continue.
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