Goldman Sachs President Warns of 'Unprecedented' Economic Shocks and Tougher Times Ahead – Economics Bitcoin News

Goldman Sachs President Warns of 'Unprecedented' Economic Shocks and Tougher Times Ahead

Commenting on current economic conditions, he said: “This is among — if not the most — complex, dynamic environment I’ve ever seen in my career.” The top Goldman Sachs executive elaborated: Noting that he will refrain from “using any weather analogies,” the Goldman Sachs president shared his concerns that risks from inflation, changing monetary policy, and the Russia-Ukraine war could hurt the global economy.We expect there’s going to be tougher economic times ahead. No question we are seeing a tougher capital-markets environment.

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