"I could not envision a more hostile environment to private capital than the last 4 years," said Marc Rowan at Goldman Sachs NY Financials conference this week.
No wonder Trump ringing the NYSE opening bell a few blocks away created so much excitement and was lauded so loudly, both for its symbolism and substance.
Strangely enough, Goldman Sachs trader Mark Wilson points out, last week was a pretty succinct encapsulation of all that’s really mattered for markets this year: