Goldman Sachs CEO suggests odds of a ‘softer landing’ for U.S. economy have improved

Crucial Points

Goldman Sachs CEO David Solomon cautioned that financial uncertainty is superior, but company leaders seemed to be extra optimistic than past yr.
“I consider it really is likely to be, you know, a twisty, transform-y form of highway to navigate by this and get to the other facet, but I imagine the likelihood of a softer landing feels much better now than it felt 6 to 9 months back,” he claimed, at a Credit Suisse meeting.
Goldman has a “much tighter employing plan” this calendar year, Solomon explained. The company laid off about 3,200 workers very last month.

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Finance

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