Goldman CEO David Solomon Says He Expects Pressure on Markets to Continue
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Elevated volatility and “continued pressure on asset prices” will likely extend until investors have a better understanding of U.S. trade policy, said David Solomon, Goldman Sachs's chief executive. President Trump’s 90-day delay on imposing so-called reciprocal tariffs has created more uncertainty, not less, Solomon said. Businesses and individuals have pulled back on capital spending and planning until they have more clarity, Solomon said in an interview on CNBC Tuesday.
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