Why name a King just for the Bond Market…when you have someone whose power goes beyond the capital market…..ability to change the fortune for a lost politician?
Ability to nudge the IMF to slap the newly elected British PM and her team? Leading to her down fall and bringing back a lost candidate to the throne? A PM maker..?
The current Global Capital market and their players have been playing second fiddle to just one person all year long…..
And so does the power players in Washington….from debt market to political capital…all from behind the curtain and in front of a camera once a week …..in Bloomberg’s Wall Street Week!
Yes the new King of the Hill is Larry Summers!
If one had listened to his 15 minutes a week interview…..played the bookies or the markets ….one could have played the winning hand week after week all year long!
Hats off to Larry Summers for being right consistently!
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