Finance
State Street CEO Sees Strong US Tailwinds Despite Greenland Row
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.