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Geopolitical Score 78 Bearish

Wall Street Piles Into Cash in Hopes of a Stock Market Rebound

Mar 26, 2026 10:30 UTC
AAPL, CL=F, ^VIX
Short term

Lloyd Blankfein, the former chairman and CEO of Goldman Sachs, remains wary of systemic "kindling" despite a banking sector that is currently better capitalized than in previous crises.

  • Lloyd Blankfein warns of systemic 'kindling' due to long absence of market reckoning
  • Private equity inventory accumulation poses hidden risks
  • Global energy supply unpredictability adds to market fragility

Lloyd Blankfein, the former chairman and CEO of Goldman Sachs, remains wary of systemic "kindling" despite a banking sector that is currently better capitalized than in previous crises. In an interview with Bloomberg's Francine Lacqua, he weighs the "balancing act" of Donald Trump’s policy outcomes against the unpredictability of the global energy supply. Blankfein warns that the long absence of a market reckoning has allowed private equity inventory to accumulate like tinder. He speaks on March 25, 2026.

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