On March 23 rd it was announced that buyers from "unfriendly countries" would provide rubles in return for Russian gas, instead of the traditional U.S. dollar. Eventually the announcement was extended to oil and other commodities. Will the stringency of such a decree hold? The bet here is that it won't.

Russia, which accounts for around 40 per cent of the European Union's natural gas supplies reduced gas exports to the EU by 25 per cent in recent months

One week after BofA CIO Michael Hartnett issued a "code red" for stocks after publishing a report in which he showed that while current market euphoria has surpassed dot com levels, what was going now is absolutely staggering and it's only getting crazier with each passing day and new all