Meanwhile, back at FIBO HQ, Blackrock executive Evy Hambro accidentally deleted the email with the updated playbook.
Yes Evy, there is a gap between valuations of downstream sector participants and upstream miners, and yes Evy it will impede the transition, and yes Evy, us retail plebs expect a rerate also when the structural deficit gets shoved in everyone’s face.
FFS, get your shit together FIBO. That’s the second slip up in as many weeks regarding playbook storytelling.
https://www.ft.com/content/12b3a717-8d54-4542-8d5e-8124568f6974
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