Goldman Sachs CEO says U.S. economy still in ‘good shape’ despite uncertainty

Quick Summary:

David Solomon pointed to the country's 'huge, diverse, powerful economic engine' that can withstand shocks better than 50 years ago.

It's a huge, diverse, powerful economic engine that is much harder to set off track today than it might have been 30, 40, 50 years ago," Solomon said Tuesday.

But once it receives some clarity from the Trump administration—which Solomon expects over the next six months—the economy should be able to steady."The U.S.economy is in relatively good shape.

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Article Details

Author / Journalist: Alicia Adamczyk

Category: EconomyBusiness

Markets: United States

Topics: Tariffs Donald Trump Markets David Solomon Tariffs and trade Goldman Sachs Group Investing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-02 @ 20:24:10 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 425 words

Reading Time: 3 minutes read

Sentences: 6 lines

Sentence Length: 71 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27548198

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Official Website: fortune.com

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