Goldman CEO David Solomon suggests there is certainly a great likelihood of a economic downturn and so it is really time to be careful

Crucial Factors

Goldman Sachs CEO David Solomon cautioned Tuesday that the U.S. financial system could be headed for a downturn that could make investing and enterprise conclusions additional tough.
“That ecosystem heading into 2023 is one that you’ve acquired to be cautious and prepared for,” he told CNBC.
His remarks arrived just a couple of times immediately after his counterpart at JPMorgan Chase, Jamie Dimon, also warned of looming problems for the U.S. economic system.

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