Goldman CEO Sees More Uncertainty to Soft-Landing Expectations

Goldman Sachs Group Inc. Chief Executive Officer David Solomon said softer spending by consumers calls into question expectations that the US economy will avoid a recession.

“The world is set up for a soft landing,” Solomon said at a UBS Group AG conference on Tuesday. “The market certainly perceives there’s a very, very high delta to a soft landing. My own view is it’s a little bit more uncertain than that.”