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Goldman Sachs CEO says odds of a 'softer landing' for U.S. economy have improved - TL;DR CNBC

Goldman Sachs CEO says odds of a 'softer landing' for U.S. economy have improved

Publishing timestamp: 2023-02-14 10:13:14


Summary

Goldman Sachs CEO David Solomon said Tuesday that odds of the US economy avoiding a deep recession this year seem to have improved. He cited improving sentiment among other CEOs as the basis of his measured optimism, and said that the American consumer has been more resilient than expected. Goldman has a "much tighter hiring plan" this year after laying off about 3200 workers last month.


Sentiment: POSITIVE

Tickers: CSG.N-CH,  CS,  GS, 

Keywords: technology,  business news,  fintech,  venture capital,  breaking news: investing,  banks,  investment strategy,  breaking news: markets,  goldman sachs group inc,  credit suisse group ag, 

Source: https://www.cnbc.com/2023/02/14/goldman-sachs-ceo-david-solomon-on-soft-landing-odds-for-us-economy-.html


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