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-0.000163767377538452 -0.000545891258461439 -0.000345731130358932 0.000454909382051095 0.000127374626974191 -0.00116456801805099 -0.00116456801805099 -0.00116456801805099
Stock impact report

Trump's tariffs fueled unhealthy uncertainty, but soon markets will ‘settle down,' says Goldman CEO David Solomon [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
Goldman Sachs CEO David Solomon said President Donald Trump's first 100 days in office were marked by unhealthy uncertainty, yet he believes that as a new normal emerges, markets will “settle down.” Solomon told Bloomberg Television that the current level of uncertainty, which has been fueled by Trump's demanding—yet capricious—stance on tariffs, has impacted both the public and private markets, and CEOs have already taken steps to offset the hit, including through layoffs “The policy actions to date have raised the level of uncertainty to a degree I do not think is healthy for investment and growth,” Solomon told Bloomberg . “As I am talking to CEOs, talking to our clients, they are holding back on investment and they are certainly tightening their belts.” During the ups and downs of Trump's tariff battle with major trading partners, stocks have lost about 8% of their value—the worst start for a new administration since Gerald Ford's in the 1970s, according to the Financial Ti Show less Read more
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