Market Experts Warn of Major Risks Ahead: Labor Shortages, Viral Outbreaks, and Deglobalization

Bloomberg recently published an article highlighting major economic risks facing the world due to the ongoing conflict in Ukraine, rising inflation, and increased fuel and basic commodity prices. The article includes insights from three leading market experts on the biggest threats they foresee for the next five to ten years.

Abby Joseph Cohen, formerly with Goldman Sachs and currently a professor at Columbia University, focuses on labor shortages and inadequate skills training for future professionals. Sam Bankman-Fried, CEO of the cryptocurrency exchange FTX, expresses concern about the potential outbreak of a more lethal virus that could cause even greater consequences than the current pandemic. Ken Moelis, founder and CEO of Moelis & Co., warns about the trend towards deglobalization, emphasizing the need for nations to secure their own resources in an increasingly uncertain global environment

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