"Doctor Doom" Roubini warns of economic overheating: the consequence is total stagflation, economic and market collapse.

Nouriel Roubini, an economics professor at New York University and known as the "Doctor of Doomsday", issued a new warning that the end result of overheated economic growth could be full-blown stagflation, with the economy and markets at risk of collapse. "given the current high debt ratios, supply-side risks and ultra-loose monetary and fiscal policies, the optimistic outlook currently reflected in financial markets is likely to become a pipe dream," the chief economist at Atlas Capital wrote in an article. "in the medium term, various persistent negative supply shocks are likely to moderate the current situation," Roubini said.

新浪美股Sep 24, 2021 09:36

Goldman Sachs Group asked employees to report their vaccination status by noon on Thursday.

Goldman Sachs Group Group requires employees to report vaccination status by the 12:00 deadline on Thursday. The request, made in a memo to employees, is the latest in a series of actions taken by Wall Street to get business back to normal. Most employees in the industry have been working from home because of COVID-19 's epidemic for more than a year. Despite executives' anxiety about the shift, the banking sector recorded record profits. David Solomon, chief executive of Goldman Sachs Group, has hinted for months that he is eager to end the arrangement. "this is not ideal for us, this is not a new

新浪財經Jun 10, 2021 22:13