Posted by Goldman Sachs CEO Lloyd Blankfein
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Goldman Sachs CEO Lloyd Blankfein has one word to tie together everything happening on Wall Street and in the global economy right now.
At the firm’s annual meeting Friday, when answering how businesses are affected by things like Fed policy and market volatility Blankfein said right now it all comes down to confidence.
related: Fed’s Lacker: “Markets Took Wrong Signal From Fed In March And April”
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