Jan 19, 2023

David Solomon expects a soft landing

The macro psyche is evolving or breaking a little bit more to the positive...  I think the sentiment is softening a little bit and the view that the chance of a softer landing, both in the U.S. and Europe, is actually increasing.  Our economics team has been pretty "soft landing" over the last 6 months...  Our economics team, even last weekend, went and said that they are now not calling for recession in Europe.  The improvement in the energy situation, the reopening in China, they actually see as a little bit more positive. 

~ David Solomon, Goldman Sachs CEO, CNBC interview in Davos, 6:40 mark, January 18, 2023



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