Solomon: Market greed outweighs fear, inflation risks may prompt rate hikes

ChainCatcher News, according to Golden Ten Data, Goldman Sachs CEO Solomon stated that the prosperity of the stock market is driven by the desire for profit, which outweighs concerns about economic turmoil and inflation risks. He pointed out that at present, greed in the market is much stronger than fear, and funds are ample. At the same time, Solomon acknowledged that the risk of rising inflation may prompt the Federal Reserve to raise interest rates, emphasizing the real presence of inflationary pressures.