{"id":1974654,"date":"2023-07-16T17:32:01","date_gmt":"2023-07-16T21:32:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/former-goldman-sachs-executive-predicts-imminent-financial-crisis-a-significant-correction-is-incoming\/"},"modified":"2023-07-16T17:34:45","modified_gmt":"2023-07-16T21:34:45","slug":"former-goldman-sachs-executive-predicts-imminent-financial-crisis-a-significant-correction-is-incoming","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/former-goldman-sachs-executive-predicts-imminent-financial-crisis-a-significant-correction-is-incoming\/","title":{"rendered":"Goldman Sachs Ex-Executive Foresees Impending Financial Crisis: Brace for a Major Correction."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fformer-goldman-sachs-executive-predicts-imminent-financial-crisis-a-significant-correction-is-incoming%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1974654&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Former Goldman Sachs\u200c Executive Predicts Imminent Financial\u200c Crisis:\u2063 A\u2064 Significant\u2064 Correction Is Incoming<\/h2>\n<p>In a \u2064recent interview\u200d with\u200b Real \u2063Vision\u2062 Crypto,\u2064 former Goldman Sachs Group Inc. hedge fund executive Raoul \u200dPal shared his\u200c insights on \u200dthe\u2064 current\u200c macro backdrop\u200c and\u2064 the potential for a crisis. According\u200d to \u2062Pal, the increasing \u2063proximity \u200bof a\u200d <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/haqqani-terrorist-threatens-america-as-biden-team-negotiates-with-taliban-in-norway\/\" title=\"Haqqani Terrorist Threatens America as Biden Team Negotiates with Taliban in Norway\">banking crisis<\/a> within regional banks\u2062 suggests that \u2063a\u200d parabolic movement could \u2062take place\u200c in \u200cthe near future.<\/p>\n<p>Pal believes that the Federal Reserve \u2064will have \u2062no \u200dchoice but to \u200cintroduce \u2064bailout packages\u2063 to\u2063 address the\u2063 crisis. \u2063Concerns\u2063 have\u2064 been raised\u200b about\u200d <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/u-s-consumer-confidence-falls-again-in-november\/\" title=\"U.S. Consumer Confidence Falls Again in November\">escalating <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/5-reasons-making-taxpayers-pay-off-student-loans-is-a-rotten-idea\/\" title=\"5 Reasons Making Taxpayers Pay Off Student Loans Is A Rotten Idea\">interest rates<\/a><\/a> and\u200c an \u200cinverted\u2062 yield curve, which\u200b are unfavorable to the banks.<\/p>\n<p>Comparing \u200bthe\u200c current\u200d market setup to the 2015-2016 cycle, Pal highlights\u200d the \u200bunusual \u2063nature of\u2064 2019, characterized\u2063 by \u2063a significant correction followed by \u2062a parabolic rise in \u2064the market.<\/p>\n<blockquote>\n<p>\u201cYou \u200bcan\u200d use the Regional Banking ETF \u2064to see where \u200cwe\u2063 are in that, but if\u2064 that starts breaking\u200d $35, $30, then it\u2019s \u2064game on for more cowbell to\u200d come because\u2064 the\u2064 Fed\u200c will have to bail\u2062 these people out. \u2064And then we\u2019ve \u2064got the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/former-goldman-sachs-executive-predicts-imminent-financial-crisis-a-significant-correction-is-incoming\/\" title=\"Goldman Sachs Ex-Executive Foresees Impending Financial Crisis: Brace for a Major Correction.\">commercial real \u2063estate \u2063problems<\/a> behind it. \u200cSo that\u2019s \u200bthe\u2064 backdrop of why\u200b the cowbell\u200d will come,\u201d\u200b he said.<\/p>\n<\/blockquote>\n<p>Pal \u200csuggests \u200dthat the \u2063crisis will provide \u200dan opportunity for\u200b the\u200c Federal Reserve \u2062to abandon its strict\u200b monetary policy and offer\u2063 the \u200cnecessary \u200dliquidity \u2063to \u2062address\u200c the substantial \u2063national debt.<\/p>\n<blockquote>\n<p>\u201cMaybe that\u2019s \u200dwhy \u200bthe\u2062 Fed is\u200c <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nasdaq-closes-lower-as-chipmaker-microns-warning-renews-tech-rout\/\" title=\"Nasdaq closes lower as chipmaker Micron\u2019s warning renews tech rout\">tightening rates<\/a> even further is to\u2062 create a\u2064 crisis \u2063so they can cut rates and\u2064 monetize \u200bthe debt.<\/p>\n<p>\u201cBecause \u2063if\u2064 they\u2062 don\u2019t, they have to print more \u200cmoney \u2062because \u2064the interest rates are\u200c higher \u200dto pay\u200b for \u200cthe debt payments, which becomes a total catastrophe. The key point is \u200dliquidity up,\u201d he\u2063 added.<\/p>\n<\/blockquote>\n<p>With the potential for \u200da \u200dcrisis \u200blooming, it\u200d will be \u200dinteresting\u2062 to \u2064see \u2062how\u200c the Federal Reserve \u2064responds and what impact it \u2064will have \u200con the financial\u2064 landscape.<\/p>\n<p>Read the \u200dfull article \u200d<a rel=\"nofollow\"\u2064 href=\"https:\/\/www.westernjournal.com\/zg-former-goldman-sachs-executive-predicts-imminent-financial-crisis-significant-correction-incoming\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former Goldman Sachs hedge fund executive Raoul Pal predicts an impending crisis and believes the Federal Reserve will be compelled to implement bailout measures. In a recent interview, Pal highlighted the potential for a rapid and significant market movement due to the growing proximity of this crisis.<\/p>\n","protected":false},"author":2075,"featured_media":1974655,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[548],"tags":[],"class_list":["post-1974654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conservative-news-daily"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1974654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2075"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1974654"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1974654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1974655"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1974654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1974654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1974654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}