Public Event Detail
Goldman Sachs CEO says recession is likely, with 35% chance of a soft landing
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2022-12-06GSGoldman SachsAlpha Vantage Newsmacro
Event summary
Goldman Sachs CEO David Solomon believes a recession is likely in the coming months due to interest-rate hikes and inflation, despite the current strength of the economy. He estimates a 35% chance of a soft landing. Solomon also expressed optimism about blockchain technology but not about cryptocurrencies like Bitcoin.
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