Goldman Sachs president warns of worsening geopolitical supply shocks and market volatility

May 28, 2026, 1:13:46 PM UTC(4 hours ago)

Impact: Medium

Affected Assets

John Waldron stated that the global economic relationship has fundamentally changed with security and supply chain resilience now outweighing cost and efficiency
The firm is tamping down risk in response to disruptive policy shifts and a significant retrenchment of Western investors from sensitive sectors
Market analysts report that recent geopolitical shocks have triggered a rapid repricing in rates and foreign exchange markets as energy prices surge
Goldman Sachs research suggests that while energy shocks are persistent the current conflict is unlikely to mirror the broad global supply chain crisis seen in 2021
Waldron highlighted that diminished public sector leverage has reduced the ability of governments to fend off future economic shocks

GOLDMAN'S WALDRON: GEOPOLITICS SUPPLY SHOCKS COULD GET WORSE