Update: Axios says “sources” say this is 100% false…
Rumor flying around Wall Street that Gary Cohn has resigned. Source with direct knowledge tells me rumor is "100% false."
— Jonathan Swan (@jonathanvswan) August 17, 2017
These “100% false rumors” in the Trump administration have a knack for becoming “100% true” in fairly short order.
Rumors are circulating that Gary Cohn is out.
Perhaps our plea to old Lloyd was heard after all (obviously that’s sarcasm, but someone will take it seriously):
@lloydblankfein if you could instruct Gary Cohn to grow some balls we'd all really appreciate it.
— Walter White (@heisenbergrpt) August 17, 2017
Here’s the reaction in S&P futs, the VIX, and Nasdaq futs (descending order):
And here’s USDJPY:
— Pete Najarian (@petenajarian) August 17, 2017
More to come…