Good morning. Here is how much the market discounts what the new president says: speaking at Davos, Donald Trump said he would “demand that interest rates drop immediately”. Later in the day, he said he planned to talk to the chair of the Federal Reserve about it. If any other president in the past 40 years said that, the bond market would have had kittens, and it would be the biggest story in the world. But the market did nothing, and the story didn’t make a homepage. Literally no one cares. Email us: [email protected] and [email protected].
早上好。以下是市場對新總統講話的反應:在達佛斯發表講話時,唐納•川普(Donald Trump)表示,他將「要求立即降低利率」。當天晚些時候,他說計劃與美聯準主席討論此事。如果過去40年中任何其他總統這樣說,債券市場會大爲震動,這將成爲全球最大的新聞。但市場沒有反應,這個故事也沒有上首頁。幾乎沒有人關心。請發郵件給我們:[email protected] 和 [email protected]。