Bloomberg has published a piece discussing major economic risks facing the world due to the ongoing war in Ukraine, rising inflation, and increasing costs of fuel and basic commodities. The article features insights from three market visionaries on what they consider to be the 'next big risk' for the world in the next 5-10 years. Abby Joseph Cohen, a former strategist at Goldman Sachs Group Inc.
and current Columbia University professor, is concerned about the labor shortage and inadequate skills development among the youth, who will shape the future as scientists, doctors, engineers, etc. Cohen emphasizes the need to invest in research, training, and education to secure a better future for workers and their families. Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, warns of a more severe and destructive virus potentially causing worse devastation than the impact of the recent pandemic. He highlights the importance of preparedness and robust health systems to prevent future pandemics. Ken Moelis, founder and CEO of Moelis & Co., predicts a trend towards deglobalization, with nations focusing more on self-sufficiency in food and energy to avoid dire consequences in the face of escalating oil and gas prices
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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.
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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 »
Prominent Market Visionaries Discuss Upcoming Economic RisksBloomberg's recent article examines the looming economic risks highlighted by three key market visionaries, including Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis, focusing on issues such as labor shortages, pandemic preparedness, and deglobalization.
Source: BusinessMirror - 🏆 19. / 59 Read more »