Goldman CEO Sees Soft US Landing, Optimistic Outlook For Deals
- Mideast conflict concerning but hasn’t had impact on business
- Solomon in Riyadh for the annual Future Investment Initiative
Goldman Sachs Group Inc.’s chief executive talked up the underlying resilience of the US economy and an improving outlook for dealmaking in a wide-ranging interview, where he also expressed concern about the widening conflict in the Middle East.
“The US economy is doing quite well, it has been very resilient,” CEO David Solomon said in an interview on Bloomberg Television in Riyadh on Tuesday, where he is attending Saudi Arabia’s Future Investment Initiative. “The base case in the US is a soft landing.”