They poo pooed Cathie Wood on inflation being temporary

Gary Cohn at Davos

When I talk to people and ask them about their business, they seem to think their business is OK," Cohn, now the vice chairman of IBM, told Yahoo Finance Live at the WEF this week (video above). “So everyone here seems to think the other person has a problem. My personal view on this is: I think we’ve weathered the storm in the United States. It feels like we’re coming out in a fairly decent place.”

Gary Cohn, Vice Chairman, IBM, speaks during the Milken Institute Global Conference on October 19, 2021 in Beverly Hills, California. (Photo by PATRICK T. FALLON/AFP via Getty Images)

Cohn is somewhat in the minority with his more upbeat view on the economy.

The Captain

6 Likes

Minority? Sort of…the majority still want to raise their prices.

That exists all the time. Depends on how much nerve they individually have when prices go up.

In the meanwhile their doubts in themselves are rising.