b********n 发帖数: 38600 | 1 https://www.bloomberg.com/news/articles/2018-03-07/what-market-players-are-
saying-on-departure-of-grown-up-cohn
'The last Jedi', from Citi's Fraser King
"While heavily-trailed in the press, the market is still mourning the sudden
departure of Gary Cohn, the White House’s ‘lonely democrat’ – seen by
some as the final bastion of tariff-free international trade. Alas, now the
last Jedi has fallen, Trade Wars and a galaxy far, far away now all seems an
awful lot closer than before."
‘Voice of Reason’, from Paul Donovan, chief economist at UBS Wealth
Management:
"The departure signals the defeat of anti-protectionism, or reduces the
influence of anti-protectionism."
"Any tax on trade, in any country, means consumers are going to be
purchasing goods they would not chose to buy, at prices that are higher than
they should have to pay, to subsidize less efficient companies."
‘Most Meaningful’, from Michael O’Rourke, chief market strategist at
JonesTrading Institutional Services:
“Of all the Trump administration resignations, this will be the one most
meaningful for markets.”
“Cohn was the administration official financial markets had the most
confidence in. This opens the environment up to whole new wave of
uncertainty. The likelihood of a trade war just jumped dramatically.”
'Treasury Tremors', from Rabobank strategists led by Richard McGuire:
"We would challenge the oft-cited view that protectionism is bearish for
USTs as it promises higher import costs (and, thus, inflation) while also
portending a possible divesture of U.S. debt by China in retaliation."
"We would instead argue that higher import costs, in representing a negative
supply shock will ultimately weigh on demand. Tit-for-tat trade measures,
meanwhile, point to lower world trade volumes which, in turn, promises lower
global growth."
Retaliation Risk. from Ben Emons, chief economist at Intellectus Partners
LLC:
"Not only countries may retaliate, reciprocal trade is not a 1 for 1 trade,
especially when tariffs are placed on high quality/low cost foreign goods
that are a benefit to the domestic consumer."
"The favorable global synchronization theme from 2017 is morphing into a de-
synchronizing theme that can impact markets negatively."
Faith in Earnings, from James Soutter, a fund manager at K2 Asset Management
Ltd. in Melbourne:
“Markets will see this as another negative in the Trump presidency and will
move lower on the news in the short term, but this doesn’t have an impact
on the broader earnings growth story that equities are experiencing.”
‘More Chaos’, from Alan Patricof, a venture capitalist and managing
director of Greycroft LLC who had backed Hillary Clinton against Trump:
“We need a grown up in the White House, that’s the problem, and it gets
worse every day,” with the latest news indicating “more chaos.”
“The market doesn’t like uncertainty, the market doesn’t like surprises.
All we’ve gotten for the last 15 months is surprises, and yet the market
went up. At some point the market has got to be spooked by the fact that
they just don’t know what’s going to happen tomorrow.”
“I feel it so many times -- I Tweet it myself -- this is it we’ve hit the
inflection point. But “the market defies me, then we get another crazy move
.” But this time, “Gary Cohn has been a grown up in the White House, and
now he’s gone.”
'Bark vs Bite', from Terry Haines, a managing director at Evercore ISI:
The narrative will be that protectionists “will be in the ascendant” and
Treasury Secretary Steven Mnuchin, “the lone remaining ‘free trader,’
will be in eclipse.” Even so, “there is more bark than bite in the Trump
protectionist story line of the last few days.”
“Investors should understand the Cohn departure as the end of his influence
in a difficult White House, but not to overreact to it.”
'Rates Impact?', from Michael McCarthy, Sydney-based chief strategist at CMC
Markets Asia Pacific.
“It’s clear at the moment the markets are likely to price the worst-case
scenario on tariffs. “Markets are very concerned about the impact on global
growth,” given the “potential for tit-for-tat” protectionist moves in
the wake of Europe’s retaliation threat following the move on U.S. steel
and aluminum tariffs.
“Higher interest rates could be off the table if this does escalate.”
‘Brutal’ Worries, from Johan Jooste, chief investment officer at Bank of
Singapore Ltd.:
“The really important next thing is how do other countries react to this.
If the response is fairly brutal, if it’s really strong, without Cohn there
you’d imagine the White House reacts in kind. Then we get into the kind of
thing the market is probably now starting to discount as a greater
probability, which is not a good outcome for stocks.”
‘Grandstanding Behavior’, from Nader Naeimi, head of dynamic markets at
AMP Capital Investors Ltd.:
“I view this as grandstanding behavior by Mr. Trump, with the aim to have
more negotiating cards in his deck.”
“In markets, we are closer to a durable low than we were after the first
leg down in markets in early February.” | h*******i 发帖数: 4386 | | b********n 发帖数: 38600 | 3 Gary David Cohn US National Economic Council Director (2017-)
Goldman Sachs President and Co-COO (2006-17)
Goldman Sachs President of Global Securities Businesses (2004-06)
Goldman Sachs Co-President of Equities (2003-06)
Goldman Sachs Co-President of FICC (2002-06)
Goldman Sachs GM of FICC Macro Business (1999-2002)
Goldman Sachs President of Global Commodities Business (1996-99)
Member of the Board of Goldman Sachs (2006-)
America Coming Together
Bill Bradley for President
Bond Market Association Treasury Borrowing Advisory Committee
Democratic Senatorial Campaign Committee
Every Republican is Crucial PAC
Friends for Harry Reid
Friends of Hillary
Gore 2000
Harlem Children's Zone Trustee
Hillary Clinton for President
John Kerry for President
New Leadership for America PAC
Obama for America | e*****s 发帖数: 7359 | 4 呵呵最后会不会没底烦忧然后幽幽全跑天朝避难然后世界金融中心转移天朝 | h******k 发帖数: 15372 | 5 米犹势力渗透到美国政治的每个角落,大部分共和党议员也都被收买了。 | b********n 发帖数: 38600 | 6 'The last Jedi'
【在 h*******i 的大作中提到】 : 米疣
| h*******i 发帖数: 4386 | 7 内鬼
【在 b********n 的大作中提到】 : Gary David Cohn US National Economic Council Director (2017-) : Goldman Sachs President and Co-COO (2006-17) : Goldman Sachs President of Global Securities Businesses (2004-06) : Goldman Sachs Co-President of Equities (2003-06) : Goldman Sachs Co-President of FICC (2002-06) : Goldman Sachs GM of FICC Macro Business (1999-2002) : Goldman Sachs President of Global Commodities Business (1996-99) : Member of the Board of Goldman Sachs (2006-) : America Coming Together : Bill Bradley for President
| h*******i 发帖数: 4386 | 8 属实。
茶党才是稍微独立点的。
下个月的复活节,德州茶党民兵要成立7个独立骑兵旅团,在Tyler组织阅兵, 3%党主席
也要来。
米国第二次内战,会来得比想想的快。
【在 h******k 的大作中提到】 : 米犹势力渗透到美国政治的每个角落,大部分共和党议员也都被收买了。
| b****n 发帖数: 1 | |
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