Goldman Sachs warns of a confluence of unprecedented shocks slamming the economy

“This is among — if not the most — complex, dynamic environments I’ve ever seen in my career,”

“The confluence of the number of shocks to the system to me is unprecedented.”

Waldron (referring to Dimon’s ‘hurricane’) said he would not be “using any weather analogies,” but enumerated risks from inflation, changing monetary policy and Russia’s invasion of Ukraine could hit global economy.

Bloomberg link (gated)

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