Group 1 - The core viewpoint is that investors are expected to overcome the initial shock and fear caused by President Trump's new tariff threats against Europe, with hopes for a compromise and positive resolution in the future [1][3] - Vis Raghavan mentioned that historical precedents suggest that the market will eventually adjust and digest the tariff measures, which were modified after their initial announcement [1][3] Group 2 - Despite headwinds, the banking industry is still focused on the U.S., where capital formation is occurring, as indicated by Citigroup's report of an 84% year-over-year increase in merger and acquisition fee income [2][4] - Citigroup warns that if Trump follows through on his promise to set a credit card interest rate cap at 10%, it could lead to an economic downturn, with a deadline for compliance set for January 20 [2][4] - Raghavan emphasized ongoing communication with policymakers regarding the interest rate cap, expressing concerns that any cap would restrict lending to those who need credit the most [2][4]
花旗高管:面对特朗普新关税威胁 理智应会占上风