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Goldman CEO Solomon Says 10% to 20% Equities Drawdown Is Likely
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Why This Matters
Goldman Sachs CEO David Solomon predicts a 10-20% drawdown in equity markets within the next 12-24 months, indicating potential volatility in the market.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Goldman Sachs Chairman and CEO David Solomon said, “of course, it is likely there’ll be a 10% to 20% drawdown in equity markets sometime in the next 12 to 24 months.” He spoke during a financial summit organized by the Hong Kong Monetary Authority on Tuesday, along with Morgan Stanley Chairman and CEO Ted Pick and Capital Group Chairman and CEO Mike Gitlin on their market outlooks. (Source: Bloomberg)
Original article published by
Bloomberg
on November 4, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.