Goldman, GIC Differ on Whether Inflation Is Risk or Opportunity
11/08/2023 12:07
Inflation is the biggest risk to the global economy and that’s providing opportunities for investors as policymakers grapple with their fight to rein in prices.
Inflation is the biggest risk to the global economy and that’s providing opportunities for investors as policymakers grapple with their fight to rein in prices.
That’s according to senior executives at banks and money managers speaking at the Bloomberg New Economy Forum in Singapore. While John Waldron, president and chief operating officer at Goldman Sachs Group Inc., said the key risk remains inflation, Lim Chow Kiat, CEO at GIC Pte, sees that as a chance to buy.