Steve Cohen front runs central banks with his latest key hires.
Make no mistake, it is one big club where the members have revolving doors.
Steve Cohen’s Point72 released a press release recently announcing two “key hires” for its offices in New York and London. Both hires are formers from Central Banks (one from the Fed and the other from the ECB).
“it is one big club where the members have revolving doors”
WEALTH TRAINING COMPANY
In the age of central banks, where the central banks fund governments, deciding which policy to fund. In reality, central banks are the new government. Central banks also sit unchallenged in the cockpit of asset prices, thereby navigating markets where they please.
Moreover, with central bank digital currency soon to be released, sold to the populace as universal basic income and intellectualized as a modern monetary theory which make George Oswell’s dystopian social science fiction novel Nineteen Eighty-Four seem benign.
With central banks at the apex of the human food chain, it is no surprise that Steve Cohen front runs central banks with his latest former central bank keep hires
Steve Cohen’s Point72 company press release announced the hiring of Sophia Drossos as Economist and Strategist based in New York, and Soeren Radde as Head of European Economic Research, based in London.
“With Sophia and Soeren’s arrivals, we have significantly boosted our economic forecasting and analysis capabilities, adding to the support we offer our global teams of investment professionals at a time when macro factors are affecting asset prices perhaps more than ever,” said Point 72 Head Economist Dean Maki.
“With Sophia and Soeren’s arrivals, we have significantly boosted our economic forecasting and analysis capabilities”
Dean Maki, Head Economist, Point 72
“Drossos was formerly Head of Research at Light Sky Macro and held similar positions at Thiel Macro and Element Capital Management, ” wrote the release. She also happened to be “Chief Dealer at the Federal Reserve Bank of New York, where she oversaw and planned open market operations and provided financial market analysis for Federal Open Market Committee and U.S. Treasury officials,” he added.
“Steve Cohen front runs central banks with key former central bank appointments is a wise move” – Wealth Training Company
So if you are a billionaire and can hire top former central bankers with no doubt a grapevine into central bank policy, that makes Steve Cohen front run the central banks game so much easier.
In the age of central banks, tell us where central bank liquidity is heading, and we will tell you where asset prices are going.
Steve Cohen front runs central banks with key former central bank appointments is a wise move.
So it is no surprise that Radde clocked time in the world of central banking where he formerly led coverage of the European Central Bank (ECB) and was the economist responsible for Germany forecasting and political commentary at Goldman Sachs”. Before that, he spent five years at the ECB, working as an economist in the Monetary Policy Strategy Division.
So Steve Cohen front runs central banks and as they say what this space.