Goldman CEO Solomon Sees Very Small Chance of US Recession
- David Solomon speaks at conference in Sydney on Tuesday
- Uncertainty over how Trump addresses trade imbalances: Solomon
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There is a “very small” chance that the US economy tips into a recession, despite the uncertainty surrounding global trade policy, according to Goldman Sachs Group Inc. Chief Executive Officer David Solomon.
President Donald Trump is acting on the view that imbalances exist in trade, Solomon said at the Australian Financial Review Business Summit in Sydney on Tuesday.