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I really appreciate your sharing these, do you have redistribution rights for the snippets of the sellside documents? Or how do you get around copyright for them? This is quickly becoming one of my favorite substacks so thank you for all the effort that goes into it!

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thank you for the kind words. as far as answering your question directly and not to answer with another question BUT -- ZeroHedge 'premium'? PiQ? Isabelnet? seems to me that there are few others 'out there' who are charging for research of others and frankly, I've always asked myself the same question (of them -- how do they do it / get away with it) ... ?

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