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Goldman Sachs CEO on Inflation: Economic Conditions Need to Get Tighter

Yahoo Finance2022-07-20

Goldman Sachs CEO David Solomon thinks it may be a bit before hearty levels of inflation in the country subside, but he is hopeful they will within the next 24 months.“I said this yesterday on my ...

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  • tradelaggard
    ·2022-07-20
    He is saying need more demand destruction 
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  • Mib1515
    ·2022-07-20
    Ok
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  • Krictique
    ·2022-07-20
    👍
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  • xiaojn
    ·2022-07-20
    Ok
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  • Shirleyopy
    ·2022-07-20
    [Cry] [Cry] 
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  • Worpeng2002
    ·2022-07-20
    Ok
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  • Mindthink
    ·2022-07-20
    Ok
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  • NickHow
    ·2022-07-20
    Ok
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  • Muppy
    ·2022-07-20
    Ok
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  • ZTPang
    ·2022-07-20
    Please like
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  • MHh
    ·2022-07-20
    The inflation does make life a little harder for many especially when pay doesn't inflate along with the same magnitude. However, it iswhat follows that cause the fear. Rising rates make life difficult too especially for those with loans or have to take loans for big purchases. Many might be squeezed out of the housing market in many countries.Then the greatest fear of all is recession and job losses...imagine losing your job with a loan to pay and rising expenses. It is a tough place to be.I do think that 0.75% rate hike will be the next hike. I doubt will be so extreme to hit 1% unless the next check on inflation shows that it is still running wild...
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  • LawrenceLBC
    ·2022-07-20
    Tq for sharing[smile] 
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