Ok, well that didn’t take long.
It looks you’re all The Bruce Dickinson and Gary Cohn is your “cowbell” on Wednesday.
Ignoring this would be “a mistake”.
You can expect this to weigh heavily on risk sentiment.
“We’re not going to have a real conversation here — can’t you just tell the president that he is brilliant and say we’re losing … the connection and then hang up?”
“…or what counts as ‘fireworks.'”
“I’m sorry Gary, you seem like a good guy and all, but when it comes to dictating monetary policy we’re looking for someone who’s more closely aligned with our feelings on the whole Master Race thing.
But for the enterprising among you, that probably means there’s some upside asymmetry here. Just know that if you take that trade, you’re effectively betting that Gary Cohn won’t ultimately leave the administration…
Again, this isn’t about whether you like Gary Cohn or whether you think he’s a good choice for the Fed. This is about uncertainty in markets and the extent to which Donald Trump’s ineptitude is setting the stage for all manner of volatility down the road.
“I’m talking – obviously, about Gary Cohn and some other people. That if you don’t like what he’s doing and you don’t agree with it, you have an obligation to resign.”
“I couldn’t agree more. I think Trump staring at the Solar eclipse was the bottom for his Presidency. After that, it’s all uphill. Seriously, there is so little expected of him, he is bound to outperform.”