CoinWorld News reports that on April 21, Goldman Sachs CEO David Solomon stated in an interview that the increased or decreased risk of a U.S. recession could "be triggered by just a single tweet." He also mentioned that current forecasts for a recession remain relatively optimistic. His remarks reveal a more widespread situation in financial markets, where statements on social media, such as those from Trump, can trigger sharp market fluctuations. Last week, he posted a statement regarding Iran's agreement to never close the Strait of Hormuz (though this statement has not yet 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 that interview could clearly see that David was obviously joking."

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin