Goldman Sachs President John Waldron Plans for “Mini-Stagflation” Scenario

[ニューヨーク ８日 ロイター] – John Waldron, president of Goldman Sachs Group Inc., said on Thursday that the bank is planning to prepare for a “mini-stagflation” scenario.

President John Waldron said at a Bloomberg conference that the environment for capital markets and funding is expected to become tougher. He said he could not say for certain whether Goldman would cut additional jobs, but he reiterated that he was “tighter in management and more cautious.”

He also noted that customers’ risk appetite is declining.