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Goldman Sachs Sees Ghosts of Stagflation, Warns of Tight Times Ahead
benzinga via msn ^
| June 8, 2023
| Nabaparna Bhattacharya
Posted on 06/09/2023 11:09:08 AM PDT by RomanSoldier19
Goldman Sachs Group, Inc. (NYSE: GS) sees a mini stagflation scenario ahead, ailed by sluggish growth and higher inflation.
The banking behemoth predicts a stricter environment for capital markets and financing as the risk appetite for its clients is lower, Reuters reported, citing a statement from the bank's president John Waldron.
(Excerpt) Read more at finance.yahoo.com ...
TOPICS: News/Current Events
KEYWORDS: economy; itstheeconomystupid; stagflation
To: RomanSoldier19
2
posted on
06/09/2023 11:10:02 AM PDT
by
RomanSoldier19
(Res ad Triarios venit;“We are your ghosts, in this game played by monkeys, organized by lunatics” )
To: RomanSoldier19
Duh! What did they expect from Biden’s Banana Republic and the Deep State?
3
posted on
06/09/2023 11:11:14 AM PDT
by
Chgogal
(Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
To: Chgogal
Golden Slacks sounds like they have insider information. Bet the little troll Yellen gave them a hint.
4
posted on
06/09/2023 11:26:31 AM PDT
by
OHPatriot
(Si vis pacem, para bellum)
To: RomanSoldier19
5
posted on
06/09/2023 11:26:48 AM PDT
by
Tell It Right
(1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
To: RomanSoldier19
"Stagflation".
In the 1970s, it was incompetent central planning. But I never had the impression those in power actually wanted to destroy society.
6
posted on
06/09/2023 11:28:17 AM PDT
by
Salman
(It's not a slippery slope if it was part of the program all along. )
To: Chgogal
BidenDepression 2023
Or early 2024
7
posted on
06/09/2023 11:43:28 AM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: OHPatriot
“ Golden Slacks sounds like they have insider information. Bet the little troll Yellen gave them a hint.”
The good news, when was the last time “the little troll Yellen” was right about anything?
8
posted on
06/09/2023 12:13:23 PM PDT
by
Chgogal
(Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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