US EditionTrump’s tariffs fueled unhealthy uncertainty, but soon markets will ‘settle down,’ says Goldman CEO David Solomon
- Goldman Sachs CEO David Solomon criticized President Trump’s April 2 tariff policy during a Bloomberg TV interview on April 29, 2025, highlighting market uncertainty.
- The tariffs and related trade tensions disrupted investment by increasing policy uncertainty, causing CEOs to delay investments and tighten budgets.
- Goldman economists forecast a US growth cut to 1.3% in 2025 with a 45% recession probability, while first-quarter trading revenues rose to $4.2 billion despite slowing M&A by 13%.
- Solomon indicated that if uncertainty continues to increase, capital markets activity is likely to decline; however, he remains optimistic that the market will stabilize and deal-making will pick up again.
- The ongoing tariff uncertainty is chilling economic growth and investment, yet clearer trade policies and reduced regulation could restore market confidence and increase capital flows.
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11 Articles
Fox Business
The New York LedgerGoldman Sachs CEO says markets will 'settle down' after a 'reset of expectations'
Goldman Sachs CEO David Solomon said Tuesday he thinks financial markets will overcome prevailing uncertainty to settle down for an anticipated rise in mergers with companies going through the public listing process."If the level of uncertainty grows from here, yes, you will not see the same amount of capital activity, but things will settle down," Solomon said in an interview with Bloomberg Television's Francine Lacqua. "People need to transact…
Goldman Sachs CEO David Solomon warns Trump's tariffs are forcing CEOs 'to tighten their belts'
Goldman Sachs CEO David Solomon sounded alarm bells over President Trump's trade war, warning the looming threat of tariffs is hurting the US economy and forcing CEOs "to tighten their belts."
Trump’s tariffs fueled unhealthy uncertainty, but soon markets will ‘settle down,’ says Goldman CEO David Solomon
Even though the Trump bump in mergers and acquisitions didn’t materialize as expected, Goldman Sachs CEO David Solomon said he believes M&A activity will rebound later this year as markets “settle down.” Goldman Sachs CEO David Solomon said President Donald Trump’s first 100 days in office were marked by unhealthy uncertainty, yet he believes that as a new normal emerges, markets will “settle down.” Solomon told Bloomberg Television that the cu…
Goldman Sachs CEO David Solomon on the stock market chaos: 'Things will settle down'
Amid market swings and trade war chaos, at least one top executive sees a light at the end of the tunnel. Goldman Sachs (GS) CEO David Solomon said Tuesday that “things will settle down” after all the disorder, despite slow activity in mergers and IPOs.Read more...
Goldman’s Solomon Says Markets Will ‘Settle Down’ After Disorder
Goldman Sachs Group Inc. Chief Executive Officer David Solomon said he believed that activity in mergers and public listings will find a comfortable level despite uncertainty that’s led to a slowdown in activity across investment banks.
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