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Goldman’s Solomon Expects US Economy, Deals to Accelerate
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October 3, 2025
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17:09Now PlayingDavid Solomon expects the US economy to accelerate into 2026 as tailwinds from continued stimulus and tech spending outweigh a softer labor market and geopolitical turmoil.
Government spending and “all of the AI infrastructure build” means — on balance — the economy was “still in pretty good shape,” the Goldman Sachs Group Inc. CEO said, despite the impact of tariffs and a slower US job market.
Solomon previously warned on Sept. 10 that the US economy was softening, citing President Donald Trump’s trade policies as a factor.
The banking boss also expects dealmaking to pick up even further in the US, he said in an interview at Italian Tech Week in Turin. The “changed regulatory environment” means CEOs are increasingly ambitious when it comes to M&A.
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