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Bibhu Pattnaik

FOUND: Former goldman sachs exec raoul pal predicts imminent banking crisis expects fed to introduce bailout packages - You Need To See This

Raoul Pal US Federal Reserve the Federal Reserve Goldman Sachs

INDIA - 2023/07/01: In this photo illustration, a Goldman Sachs logo is seen displayed on a smartphone. Former Goldman Sachs Group Inc hedge fund executive Raoul Pal says the macro backdrop suggests that a crisis is coming and that the Federal Reserve will have little choice but to introduce bailout package. PHOTO BY AVISHEK DAS/GETTY IMAGES

Former Goldman Sachs Group Inc (NYSE: GS) hedge fund executive Raoul Pal says the macro backdrop suggests that a crisis is coming and that the Federal Reserve will have little choice but to introduce bailout packages.

What Happened: In an interview with Real Vision Crypto last month, Pal said a parabolic movement could take place in the near future due to the increasing proximity of a banking crisis within regional banks.

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