In honour of the tranquil grandfather of capital markets, we have gathered some of our favourite quotes about the loan market in the wake of the US elections:
“As always, the loan market sails through these macro events like nothing has happened.”
“Bond and equity markets react before the EMEA loan market lifts a finger.”
“Despite all the noise and the news coverage, nobody has a clue. Until we know more, all the speculation is a complete waste of paper.”
“It’s like nothing happened.”
“The guys in the US have said there is very little noticeable difference — we may actually see a stimulus to the economy, provided Trump does not pick any wars.”
“We were expecting Armageddon — we are now a little bit surprised.”
“We are pleased.”
In a turbulent and scary world, it's great to know that some things — death, taxes, loan market sangfroid — never change.
