Goldman CEO Solomon Says Global Economy Is in 'Okay Shape'

Goldman CEO Solomon Says Global Economy Is in 'Okay Shape'

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Interactive Video

Business

University

Hard

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The video discusses the current state of the global economy, highlighting a 3.5% growth prediction and the US economy's steady performance. It addresses macroeconomic issues like US-China trade negotiations, Brexit, and their impact on markets. David Solomon from Goldman Sachs predicts a 50% chance of a recession in 2020, emphasizing the difficulty of forecasting economic cycles. Despite potential slowdowns, Goldman Sachs remains focused on client services. The video also explores risk distribution across asset classes and economic indicators, noting no immediate signs of major disruptions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some potential indicators of an economic slowdown mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the tightening cycle mentioned in the discussion?

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