Robert Thomson, Editor-in-Chief of the Wall Street Journal, said Tuesday that despite the recent turmoil in financial markets, some general trends will continue to exert influence on global economies and the turbulence could become a source of opportunity.
Speaking that the World Business Forum in New York City, Thomson said "In the midst of volatility, there is opportunity." He added that within the volatility, trends remain, with globalization being the main example.
To elaborate the point of globalization, Thomson told a story about a dinner he recently had with Henry Kissinger, the former secretary of state who was Richard Nixon's national security advisor when the president opened relations in China in 1972. Thomson said Kissinger expressed surprise at how in the past 35 years China has gone from international pariah to the lender of last resort in the newest crisis.
Thomson also joked about the current financial crisis. He said that with, what he called, the "demise of Wall Street model," prehaps they should change the name of his paper to "just the Journal."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.