Goldman Sachs CEO Sees Good Chance of Recession — Advises Investors to Be Cautious, Prepare for More Difficult Environment

The CEO of global investment bank Goldman Sachs, David Solomon, sees a good chance of a U.S. recession. He stressed that the “environment heading into 2023 is one that you’ve got to be cautious and prepared for.” Goldman Sachs CEO Warns About U.S. Recession, Advises Investors to Be Cautious Goldman Sachs CEO David Solomon warned […]

Go to Source

Powered by WPeMatico

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

Goldman Sachs President Warns of 'Unprecedented' Economic Shocks and Tougher Times AheadGlobal investment bank Goldman Sachs’ president and chief operating officer has warned of unprecedented economic shocks and tougher times ahead. His statement echoes JPMorgan CEO Jamie Dimon’s warning that a “hurricane” is coming our way. Goldman Sachs President’s Warning About the U.S. Economy Goldman Sachs President and Chief Operating Officer John Waldron shared his outlook […]

Go to Source

Powered by WPeMatico

Goldman Sachs’ Blankfein Admits His View on Cryptocurrency Is Evolving — Says Crypto ‘Is Happening’

Goldman Sachs’ Blankfein Admits His View on Cryptocurrency Is Evolving — Says Crypto 'Is Happening'Lloyd Blankfein, a former Goldman Sachs CEO who is now the firm’s senior chairman, says his view on cryptocurrency is evolving. “I look at the crypto, and it is happening,” he added. Goldman Sachs Executive Lloyd Blankfein Says Crypto ‘Is Happening’ Lloyd Blankfein, a former Goldman Sachs CEO who has voiced skepticism about cryptocurrency in […]

Go to Source

Powered by WPeMatico

Goldman Sachs Predicts Ethereum Could Hit $8,000 This Year

Goldman Sachs Predicts Ethereum Could Hit $8,000 This YearGlobal investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019. Ether Could Reach $8K by Year-End, According to Goldman Sachs Goldman Sachs has reportedly explained in a research note circulated by […]

Go to Source

Powered by WPeMatico

Goldman Sachs Sees Bitcoin Market Becoming More Mature

Goldman Sachs Sees Bitcoin Market Becoming More MatureGoldman Sachs’ global head of commodities research sees the bitcoin market becoming more mature. “The key to creating some type of stability in the market is to see an increase in the participation of institutional investors,” he detailed. Meanwhile, the price of the cryptocurrency soared on Thursday, regaining much of the losses from the beginning […]

Go to Source

Powered by WPeMatico

Goldman Sachs Warns US Dollar Risks Losing World Reserve Currency Status, Gold and Bitcoin Soar

Goldman Sachs Warns US Dollar Risks Losing World Reserve Currency Status, Gold and Bitcoin SoarGoldman Sachs has warned that the U.S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows. Goldman Sachs’ Dollar and Gold Predictions American investment bank and financial services company […]

The post Goldman Sachs Warns US Dollar Risks Losing World Reserve Currency Status, Gold and Bitcoin Soar appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico