Goldman Sachs CEO Jokingly Remarks: U.S. Economic Recession Risk May Be Fluctuating, Could Be Just "One Tweet Away"
BlockBeats News, April 21st, Goldman Sachs CEO David Solomon said in an interview that the increasing or decreasing risk of a US economic recession could be triggered by just "one tweet."
He also noted that the current predictions for an economic downturn are still relatively optimistic. His comments revealed a more common situation in the financial markets, where Trump's remarks on social media can cause significant market volatility. Last week, he posted a statement regarding Iran's purported agreement to never close the Strait of Hormuz (although this statement has not been confirmed by Iran), which led to a rise in the stock market and a drop in oil prices.
Goldman Sachs spokesperson Tony Fratto said, "Anyone who watched the interview can clearly see that David was obviously joking."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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