Goldman Sachs on US railroad strike – “I don’t think its a black swan”

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Referring to this from Monday’s info:

Goldman Sachs‘ chief economist Jan Hatzius is not worried:

  • “I don’t think it’s a black swan”
  • “I don’t think it’s going to have a major impact on food prices, certainly beyond the very near term”

Hitting 30% of US freight sure sounds like a supply chain snarl worry.

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