Bloomberg recently published an article highlighting the significant economic risks the world faces due to the Ukraine war, high inflation, and escalating costs of fuel and essential goods. The article featured insights from three market visionaries addressing “the next big risk” for the world over the next five to ten years. Abby Joseph Cohen, formerly with Goldman Sachs Group Inc.
and now a professor at Columbia University, emphasizes the need for addressing the shortage of qualified labor and enhancing the skills development of students who will become future scientists, doctors, and engineers. She underscores the importance of investing in research and education and ensuring workers' families are comfortable. Sam Bankman-Fried, CEO of FTX cryptocurrency exchange, expresses concern about the potential outbreak of a more deadly virus, which could lead to even more severe consequences than the current pandemic. He notes the lack of preparedness shown during the previous pandemic and suggests that better systems are required to prevent future outbreaks from turning into pandemics. Ken Moelis, founder and CEO of Moelis & Co., warns of a trend towards deglobalization, where nations focus on self-sufficiency regarding food and energy. He expresses concern that if oil and gas prices soar to $200, inadequately prepared nations might face serious economic repercussions
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Market Visionaries Warn of Upcoming Economic RisksBloomberg has published an article discussing the looming economic risks for the world, including the war in Ukraine, inflation, and rising fuel and commodity prices. The article features insights from three market visionaries, with Abby Joseph Cohen, formerly of Goldman Sachs and now a Columbia University professor, highlighting concerns over labor shortages and inadequate skills development among students.
Source: BusinessMirror - 🏆 19. / 59 Read more »
Market Visionaries Warn About Upcoming Economic RisksBloomberg has published an article highlighting the significant economic risks that the world may face over the next five to ten years, as highlighted by three market visionaries. The looming threats include the war in Ukraine, escalating inflation, and increasing costs of fuel and basic commodities. Abby Joseph Cohen, a renowned expert from Goldman Sachs and now a professor at Columbia University, emphasizes the importance of addressing labor shortages and the inadequacy of skills development among young people who will shape the future.
Source: BusinessMirror - 🏆 19. / 59 Read more »
Market Visionaries Warn of Upcoming Global Economic RisksBloomberg has published an article detailing the major economic risks facing the world over the next five to ten years, including the ongoing war in Ukraine, rising inflation, and escalating fuel and commodity prices. Noted experts weigh in on their concerns, with Abby Joseph Cohen highlighting the critical need for investment in future workforce development and skills training.
Source: BusinessMirror - 🏆 19. / 59 Read more »
Market Visionaries Warn About Upcoming Global Economic RisksBloomberg has published an analysis featuring the insights of three prominent market visionaries on the major economic risks facing the world, including the war in Ukraine, inflation, and rising fuel and commodity prices. Abby Joseph Cohen, a former Goldman Sachs strategist now at Columbia University, emphasizes the importance of addressing labor shortages and enhancing skills development among the youth.
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Market Visionaries Warn of Upcoming Risks in the Next DecadeBloomberg highlights the thoughts of three market experts, Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis, on the looming economic risks in the next five to ten years, including labor shortages, a deadlier virus, and deglobalization.
Source: BusinessMirror - 🏆 19. / 59 Read more »
Market Visionaries Warn of Upcoming Economic Risks in the Next DecadeBloomberg's recent article highlights concerns from three market visionaries about looming economic risks over the next 5-10 years, including labor shortages, pandemics, and deglobalization.
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