that a "wash of free money" due to low interest rates is "clearly creating bubble elements in the markets."
"Given that money is kind of free, it presumably is not being allocated in a disciplined way, and so there are bubble elements to this," Blankfein said. "Look at the credit market — people are lending to what historically would have been weak credits for very little money."as a sign that the market is taking on much speculation lately.
"Look at SPACs and how much money is available on the basis of somebody's reputation as opposed to a business plan," Blankfein said. The banking titan can be added to the growing list of investors voicing concerns about the speculative nature in markets. Last week, venture capitalist
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the heated debate over TikTok rival Triller's user count - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Instagram star @MrsDowJones shares an inside look at a day in her life - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump's access to Regeneron's drug puts it in 'tough situation,' CEO says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Kudos to President 👍 victory over virus 🦠 and will win race too 👌🇺🇸 Leadership is about choices. Regeneron's CEO, Dr. Leonard Schleifer, chose to dance with the devil. Everyone else who has flirted with realDonaldTrump has learned what an asynchronous toxic relationship it turns out to be. Now, it’s Schleifer’s turn, but it was his choice.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Nassim Nicholas Taleb to speak at the Business Insider Global Trends Festival 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Levi's e-commerce business is 'profitable a year ahead of schedule,' CEO saysGeneric Mad Money Contemplate I cant wear to have somewhere to go in my Levi's jeans
Source: CNBC - 🏆 12. / 72 Read more »
How Figma CEO Dylan Field grew the $2 billion design software startup - Business InsiderThe demand for user experience and product design in tech are growing, and apps like Instagram, Uber, Slack, TikTok, and even Starbucks have become popular largely because of their design. In partnership with ING_news ING_news
Source: BusinessInsider - 🏆 729. / 51 Read more »