Dear Sir/Madame,

We are pleased to send you our monthly newsletter, May 2021 issue:

“Societies in decline have no use for visionaries.”

― Anais Nin

“The greatest lesson in life is to know that even fools are right sometimes” ― Winston Churchill

Clues from Recent Asset Classes’ Behavior

Macro: China Decelerating, US Peaking and Europe Gaining Momentum

Oil: Potential Recovery in H2

MENA: Are We Seeing a Bottom in the UAE Real Estate Market?