Sachs

Goldman Sachs warns of spike in unemployment, slowed economic growth from Iran war

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Since the start of the Iran war, gas prices have increased by 27%, and diesel prices have increased by 34%. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins to examine the potential impact of the war on the overall economy. Source link

Former Goldman Sachs CEO Lloyd Blankfein talks Wall Street crises, past and future

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“It’s been a long time since we’ve had a bad event,” said Lloyd Blankfein. “It’s been 17 years since the financial crisis.” The former CEO of Goldman Sachs, who led the bank through that historic crisis, says it happened before, so it’ll happen again. “Think of it as kindling on the floor of a forest,” … Read more