Blankfein Warns: Is the US Economy Due for a Shakeup?
Update: 2025-09-12
Description
Is the US economy headed for another crisis? Former Goldman Sachs CEO Lloyd Blankfein warns that history suggests a shakeup is due, highlighting concerns in the credit markets, particularly the surge in private credit and narrow credit spreads. He urges regulators to scrutinize asset valuations. Despite these worries, Blankfein is optimistic, anticipating that Federal Reserve rate cuts and AI advancements could fuel growth. Goldman Sachs forecasts a new bull market, spotlighting tech, services, and manufacturing as key investment areas, with potential beyond US markets.
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