Time flies when you’re having fun. 1 year ago to the day when I started at Redburn. The Stoxx 600 was most of the way through its 75% post-covid Rally, the UK and U.S. 10yr’s yielded 69bps and 137bps respectively, Oil was at $64, European Gas was at €54/MWh and Bitcoin was at $52k. A lot has changed and there has been a lot to learn and look out for, whether it’s the Water level at Kaub, German weather forecasts or the correlation between Avocado’s and Bitcoin – it’s been one heck of a first year.
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