The wait goes on

It’s now or never…

We’re through Thanksgiving & Black Friday, and into the final couple of weeks of where we might get some meaningful business done. It’s been a poor year in almost every aspect for risk markets and we don’t expect much of a recovery before we close it out. It likely will not look much better than it does at the moment.

There is just too much event risk in the air, meaning that any semblance of price recovery might be taken as a selling opportunity. We could see some decent primary activity judging by the number of mandates being dished out and postponed deals which might revisit should conditions improve and windows open. But we’ve probably seen the best of it.

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