Finance

State Street CEO Sees Strong US Tailwinds Despite Greenland Row

WATCH: O’Hanley says there are discussions around the ‘Sell America’ trade, but it is “not yet showing up in the numbers.”Source: Bloomberg

State Street Corp.’s chief executive said the US economy faces strong tailwinds despite market volatility triggered by President Donald Trump’s Greenland-related tariff threats, which have pushed investors into risk-off mode.

Investor sentiment toward the US “remains positive,” supported by factors likely to boost spending even as the administration takes a more aggressive stance toward global peers, Ron O’Hanley said in a Bloomberg Television interview in Davos.