"I imagine this has an immediate impact on the cost of US borrowing?"
I'm no financial whiz, but the short answer is no.
For what it's worth, Goldman Sachs said the report "contains no new information and "should have little direct impact." Jamie Dimon (JPMorganChase) called it "kind of ridiculous" but thinks it "doesn't really matter." So... *shrugs?*
"I imagine this has an immediate impact on the cost of US borrowing?"
I'm no financial whiz, but the short answer is no.
For what it's worth, Goldman Sachs said the report "contains no new information and "should have little direct impact." Jamie Dimon (JPMorganChase) called it "kind of ridiculous" but thinks it "doesn't really matter." So... *shrugs?*
I don't like him on a personal level in any way. But he is one of the top bankers in the world, so in this specific case his opinion was relevent, I felt.
"I imagine this has an immediate impact on the cost of US borrowing?"
I'm no financial whiz, but the short answer is no.
For what it's worth, Goldman Sachs said the report "contains no new information and "should have little direct impact." Jamie Dimon (JPMorganChase) called it "kind of ridiculous" but thinks it "doesn't really matter." So... *shrugs?*
Jaime Dimon is a nothing. He would take the last penny from a widow.
I don't like him on a personal level in any way. But he is one of the top bankers in the world, so in this specific case his opinion was relevent, I felt.
YES ! Put the BLINDERS ON ! , and Get Ready , for the " BIG FLUSH !! " WAKE UP ! , MANKIND ! JESUS ! , is at Your FRONT DOOR ! ( LORD! , Have MERCY !)