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
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