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Goldman Sachs CEO David Solomon warns of AI stock market ‘drawdown’

admin October 3, 2025 0 Comments

Goldman Sachs CEO David Solomon on Friday warned that an AI investment frenzy may be overdone – and that stock markets are due for a “drawdown”. Major US stock indexes have notched record high after record high this year on the promise of artificial intelligence, but there’s a good chance that not all of those […]

Trump blasts Goldman Sachs CEO David Solomon over bank’s tariffs warning

admin August 13, 2025 0 Comments

President Donald Trump on Tuesday said Goldman Sachs boss David Solomon should go back to “being a DJ” and teed off on the investment bank after it warned that US consumers will soon pay the brunt of tariff-related price hikes. Trump fumed over a revised analysis released Monday by Goldman’s chief economist Jan Hatzius forecasting […]