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"They are hedging their bets.
Perhaps they are hedging their bets.
By quietly assuming local authority, they are hedging their bets.
"They are hedging bets," says a Syrian analyst.
They are hedging their bets, cautioning that a finished product is probably still 10 years away.
"It's clear that the main factions assume that civil war is a possibility and they are hedging their bets.
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The availability of capital for financing the holding of inventories depends on whether they are hedged or not.
Oh, and while the premia enter as bank income the pay-out obligations are not on their balance sheets.Fact three the large banks think they are hedged since they have "insurance policies" on both sides of the default events.
They're hedging their bets.
But they're hedging their bets.
"They're hedging their bets," he said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com