Market Visionaries Warn of Upcoming Global Risks in Bloomberg Report

Bloomberg recently published a piece on the big economic risks that are looming ahead for the world in the face of the war in Ukraine, soaring inflation, and rising prices of fuel and basic commodities. The write-up featured the thoughts of three market visionaries on “the next big risk” for the world in the next five to 10 years.

Abby Joseph Cohen, ex-strategist for Goldman Sachs Group Inc. who is currently teaching at Columbia University, is worried about the shortage of labor and the inadequate skills development of students—young people who will be the world’s future scientists, doctors, engineers, and so on. Cohen believes it is important to invest in the future and to take care of workers so that their families are more comfortable.

The CEO of cryptocurrency exchange FTX, Sam Bankman-Fried, is concerned that a deadlier and more devastating virus will be unleashed into the world and cause far worse consequences than what Covid did to us. It is obvious, he said, that we did not learn our lessons after the last pandemic. And so when the next one hits us, it’s likely that we will not have put in place the systems that we need to protect our people and our economy.

The founder and CEO of Moelis & Co., Ken Moelis, believes that the world is heading towards deglobalization, or the tendency of nations to look within and make sure they have enough for their own people. With everything that’s happening around the world today, every nation needs to make sure that they have control over their own food and energy, he says. Otherwise, when the price of oil and gas hits $200, for instance, there may be dire consequences for the unprepared nations.

It is apparent that we should always be looking at future risks and listening to the wisdom of economic experts such as the economic resource persons above, especially now that the new government is just starting its work and lining up the country’s new leaders and new projects for the next six years.I would like to invite everyone to our art exhibit that is opening on August 6, 2022, at 4:00 p.m.

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Market Visionaries Warn on Economic Risks in Bloomberg AnalysisBloomberg's recent article highlights major economic risks facing the world due to the Ukraine war, inflation, and rising fuel and commodity prices. Three market experts discuss potential dangers, with Abby Joseph Cohen emphasizing concerns about labor shortages and inadequate skills development among young people.
Bron: BusinessMirror - 🏆 19. / 59 Lees verder »

Market Visionaries Warn of Economic Risks in Bloomberg ArticleBloomberg recently highlighted major economic risks facing the world, including the war in Ukraine, inflation, and rising fuel and commodity prices. The article features insights from three experts, with Abby Joseph Cohen expressing concerns over labor shortages and inadequate skills development among the next generation of workers.
Bron: BusinessMirror - 🏆 19. / 59 Lees verder »

Market Visionaries Warn of Upcoming Economic Risks in Bloomberg ArticleBloomberg highlights the thoughts of three leading market experts on the looming economic challenges the world faces, including labor shortages, potential pandemics, and the trend towards deglobalization.
Bron: BusinessMirror - 🏆 19. / 59 Lees verder »

Market Visionaries Warn of Looming Risks in Bloomberg ArticleBloomberg highlights economic risks and the 'next big risk' identified by three market visionaries over the next five to ten years, including labor shortages, potential for a more lethal virus, and trends towards deglobalization.
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Three Market Visionaries Warn of Major Global Risks in Bloomberg ArticleBloomberg highlights looming economic risks and the concerns of three market visionaries regarding labor shortages, potential viral outbreaks, and deglobalization trends.
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Market Visionaries Warn of Major Economic Risks in Bloomberg AnalysisBloomberg publishes an analysis featuring insights from market visionaries Abby Joseph Cohen, Sam Bankman-Fried, and Ken Moelis on looming economic risks such as labor shortages, potential virus outbreaks, and deglobalization trends.
Bron: BusinessMirror - 🏆 19. / 59 Lees verder »