Goldman Sachs Chairman and CEO David Solomon on the global business environment, AI, and the rise of private credit – Goldman Sachs Exchanges

Goldman Sachs Chairman and CEO David Solomon on the global business environment, AI, and the rise of private credit – Goldman Sachs Exchanges — Transcript

Market views

Bullish

GS— Goldman Sachs expects strong growth in its asset and wealth management business, projecting high single-digit growth and improved margins, which will boost overall firm returns.
PRIVCRED— Goldman Sachs sees strong secular growth in private credit lending and is well-positioned to participate in this trend for both investing clients and trading and markets clients.
AI— The AI trend is in its early stages, with significant potential for driving productivity gains and efficiency improvements across industries.
CAPMKTS— Capital markets activity is expected to return to or exceed 10-year averages by 2025, following below-average performance in recent years.

Bearish

EUROPE— There is pessimism regarding Europe's economic prospects due to policy inaction and lack of economic competitiveness compared to the US.

Not investment advice.

Mentioned

Market views