Global Capital Market Interpretation: The Current Market Is Dangerous.

After some discussion, this week, Wall Street gangs shared a common understanding of the financial market: the current market is dangerous.

These big guys pointed out at the Delivering Alpha conference held by CNBC and institutional investors on Tuesday that not only the stock market is at risk, but also the bond market and central banks are facing challenges.

During the whole meeting, the investment chiefs and the former finance ministers kept talking about the two words "danger" and "dreadful".

The following are their views and comments at this meeting:

In the meeting, Icahn, a billionaire investor, pointed out that the current investment environment is very dangerous.

He said, "look at the market environment. I think this is very dangerous.

Everyone is walking along the edge of the cliff. You may think that you can finally reach your destination, but you fall into a cliff and really see the danger.

When other market investors are wondering if the US central bank will raise interest rates again this year, Icahn insists, "I don't think this is a problem, because whether raising interest rates or not is the problem."

He added, "if they do not raise interest rates, I think we will be in a huge bubble."

Former US Treasury Secretary: terrible policy "erosion"

Tim Geithner, the former US Treasury Secretary, believes that the failure to develop effective economic policies is the biggest obstacle to us economic growth.

"I think the most worrying thing is about American politics," he said. "The core of the bad political situation is policy issues, and the ability to make sensible economic decisions is obviously weakened. This is what the government must do."

From the current situation, it is becoming increasingly difficult to implement economic stimulus policies because of complex party struggles.

Paul Singer, the famous hedge fund manager and founder of Elliott Management, accused the Federal Reserve and other central banks of the low interest rate and negative interest rate policies that led to the unique and unusual financial crisis in the past 5000 years in the market. Eliot

He pointed out at the meeting, "what they have done is to create a huge risk of invisibility, and investors are totally not aware of this risk or their assets are facing this risk. I think the global economy and the global financial market are at a very dangerous moment."

CEO:, the world's largest hedge fund, is in a dangerous situation.

The founder and CEO Ray Dalio of Bridgewater, the world's largest hedge fund, said at the conference that the bond market was in a "dangerous" state as the global central bank implemented loose monetary policy.

Dalio believes that because the interest rate is close to zero, the Fed and other central banks have little room for mediation in the face of future recession risks.

He said, "the ability of the central bank to stimulate the economy and to push up global asset prices has reached the limit. There is not much to squeeze from the debt cycle, and there is no way to cut interest rates substantially. And because the spreads are limited, QE is also limited."

He added: "from a global perspective, those forces that used to support us no longer exist. We are at the end of the debt cycle, and all growth rates will be lower than we are accustomed to."

According to Merrill Lynch Merrill Lynch, the global negative rate of government debt has exceeded 11 trillion US dollars.

Global sovereign bond yields have fallen sharply this year as investors favor hedge assets, such as the decline in us 10 year Treasury yields by nearly 1.7%.