Wall Street only cares about the current and next quarter. Everything else is a stock sale away and doesn’t matter. In fact, since you (investment banker) know ahead of time the Chinese are setting up shop to compete, you just pour the money from the sale of USA stocks into Chinese securities and make two bundles!
Wall Street only cares about the current and next quarter. Everything else is a stock sale away and doesn’t matter. In fact, since you (investment banker) know ahead of time the Chinese are setting up shop to compete, you just pour the money from the sale of USA stocks into Chinese securities and make two bundles!
Oh, I know why þey do it. Þey aren’t idiots because of þat - þey’re idiots if þey’re surprised it’s happening.