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Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September

Goldman Sachs CEO: Fed Unlikely to Cut Rates Before SeptemberGoldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a recession. Speaking on “The David Rubenstein Show,” Solomon indicated that while investors had anticipated potential rate cuts before the September meeting due to global market […]

Bitcoin’s $90K Era: A Fleeting Moment or the Start of a New Chapter?

Goldman Sachs CEO Clarifies His Stance on Bitcoin

Goldman Sachs CEO Clarifies His Stance on BitcoinGoldman Sachs CEO David Solomon clarified his stance on bitcoin during a CNBC interview, where his prior skepticism and the recent political focus on bitcoin were discussed. Although he acknowledged bitcoin’s volatility and speculative nature, Solomon stated he had “never been on the other side as to whether or not bitcoin would be something that’s […]

Bitcoin’s $90K Era: A Fleeting Moment or the Start of a New Chapter?

Goldman Sachs CEO Forecasts No Fed Rate Cuts This Year

Goldman Sachs CEO Forecasts No Fed Rate Cuts This YearDavid Solomon, CEO of Goldman Sachs, expressed doubts about the Federal Reserve cutting interest rates this year due to the resilient economy, bolstered by government spending and investments in AI infrastructure. Despite these factors, Solomon highlighted the impact of rising prices on consumer behavior, referencing recent reports from McDonald’s and Autozone indicating reduced spending. He […]

Bitcoin’s $90K Era: A Fleeting Moment or the Start of a New Chapter?

Goldman Sachs CEO Sees Good Chance of Recession — Advises Investors to Be Cautious, Prepare for More Difficult Environment

Goldman Sachs CEO Sees Good Chance of Recession — Advises Investors to Be Cautious, Prepare for More Difficult EnvironmentThe CEO of global investment bank Goldman Sachs, David Solomon, sees a good chance of a U.S. recession. He stressed that the “environment heading into 2023 is one that you’ve got to be cautious and prepared for.” Goldman Sachs CEO Warns About U.S. Recession, Advises Investors to Be Cautious Goldman Sachs CEO David Solomon warned […]

Bitcoin’s $90K Era: A Fleeting Moment or the Start of a New Chapter?