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  1. Goldman Sachs20 min

    David Solomon on the global economy, deal-making environment, and the firm’s strategic priorities

    David Solomon, Alison Nathan

    Goldman Sachs CEO David Solomon outlines a 2024 economic outlook defined by reduced recession risk, persistently higher interest rates, and significant geopolitical headwinds from conflicts in Ukraine and the Middle East. Capital markets are projected to rebound from recent lows through a resurgence in M&A activity and private equity, driven by pent-up demand and upcoming refinancing waves. Meanwhile, corporate strategies are pivoting to balance energy security needs against sustainability goals while accelerating AI adoption to navigate complex regulatory landscapes and strengthen core banking franchises.