The message discusses impressions from a European Multi Asset Coverage meeting, focusing on real money outflows and market trends. A majority betted on Hillary Clinton to win the US election, but still made good money due to Trump trades. The document also mentions potential outcomes of Renzi's loss in Italy and Le Pen's win in France, as well as concerns about Trump's tax cuts and infrastructure spending. The author states that few macro players are willing to listen to warnings about Asia FX weakness, and suggests that copper/infrastructure rally may eventually help Chile.