Home Business News Goldman Sachs COO Waldron warns of inflation risk By Reuters

Goldman Sachs COO Waldron warns of inflation risk By Reuters

Goldman Sachs COO Waldron warns of inflation risk By Reuters


© Reuters. FILE PHOTO: John Waldron, co-head of the Investment Banking Division, Goldman Sachs, speaks at the Milken Institute 21st Global Conference in Beverly Hills, California, U.S., May 1, 2018. REUTERS/Mike Blake

NEW YORK (Reuters) – Goldman Sachs (NYSE:)’ Chief Operating Officer John Waldron said on Wednesday he believes inflation is the biggest single risk currently facing markets and the global economy.

“Inflation is the single biggest risk out there right now both in terms of the short-term risk it can have on the recovery and the longer term risk it can have in respect of emerging markets,” he said in a conversation held virtually by the Institute of International Finance.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

See also  As mortgage rates shoot even higher, refinance demand plummets 10%



Please enter your comment!
Please enter your name here