Goldman Sachs Views Iran Conflict as Inflation Shock Rather Than Growth Shock
Goldman Sachs' Peter Oppenheimer stated that the Iran conflict is primarily an inflation shock rather than a growth shock. He noted that central banks and the IMF are questioning whether aggressive rate hikes are appropriate in response to this type of inflation. Tech stocks are expected to continue strong performance despite recent volatility.
Topics: Goldman Sachs Inflation shock Iran conflict Market impact Tech and crypto