Goldman Sachs on US railroad strike - "I don't think its a black swan"

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Goldman Sachs on US railroad strike - "I don't think its a black swan"

<p>Referring to this from Monday's info:</p><ul><li><a href="https://www.forexlive.com/news/us-railroad-strike-looks-likely-to-trigger-another-surge-in-food-price-inflation-20220911/" target="_blank" data-article-link="true">US railroad strike looks likely to trigger another surge in food price inflation</a></li><li>More than 90,000 workers at the country's freight railroads could go on strike should the railroads fail to reach an agreement with unions by Friday, September 16</li><li>30% of US freight could halt</li></ul><p><a href="https://finance.yahoo.com/news/railroad-strike-wouldnt-be-an-economic-black-swan-goldman-sachs-184829315.html?ncid=twitter_yfsocialtw_l1gbd0noiom" target="_blank" rel="nofollow">Goldman Sachs</a>' chief economist Jan Hatzius is not worried:</p><ul><li>"I don't think it's a black swan"</li><li>"I don't think it's going to have a major impact on food prices, certainly beyond the very near term"</li></ul><p>Hitting 30% of US freight sure sounds like a supply chain snarl worry. </p>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: Goldman Sachs on US railroad strike - "I don't think its a black swan"

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