Bitcoin Surges 5%, Wrongfoots Goldman CEO: 'I'm Surprised Markets Are This Benign'
Goldman Sachs CEO David Solomon noted markets remain calm despite a 5% Bitcoin surge and oil spiking 12%, but warned full impact of Iran conflict may take weeks to emerge.
5 Articles
5 Articles
Goldman’s Solomon Says Market Reaction to War Is ‘Benign’ So Far
Goldman Sachs Group Inc. Chairman David Solomon said he’s been surprised by the “benign” reaction in financial markets to the Middle East conflict, adding that it will take weeks to understand more about the situation.
Bitcoin Surges 5%, Wrongfoots Goldman CEO: 'I'm Surprised Markets Are This Benign'
Goldman Sachs (NYSE:GS) CEO David Solomon says he’s surprised at the “benign” market reaction to the Iran conflict, warning it may take “a couple of weeks” for investors to digest impacts even as Bitcoin (CRYPTO: BTC) surged 5%. The ‘Benign’ Market Reaction Solomon spoke at a business summit in Sydney, expressing surprise at muted market reactions given the magnitude of the conflict, according to Reuters. “I look at the market reaction, and I’m…
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