Gary Cohn
๐ค SpeakerAppearances Over Time
Podcast Appearances
So I understand the president's concern to have a military presence and protection of the North Atlantic.
If we want to expand our air defenses, Greenland is a pretty strategic spot.
So I understand what the president's interest is.
They also have rare earths, which is something that we in the United States can't supply to ourselves.
So the question is, is this a negotiating posture to get a deal with Greenland to get more rare earths, to get a larger naval and air force presence?
It does seem like that's on the table.
And this may all evolve in a place where the United States ends up in a very good strategic position.
You know, I think the business world is split on it.
You know, you've obviously got a European presence here and a U.S.
I think the U.S.
presence is a little bit more optimistic that this is going to end in the right place.
And we've seen this before.
I think the European contingency is a little more leery and say, look, you know, maybe you're confident this ends well.
We don't like being in the middle of this right now.
There is some sell America going on right now.
I've met with a couple of different asset managers this morning, said that global funds are reallocating a little bit out of the United States.
So you see that, you know, interest rates are higher.
So people selling bonds rates go higher.