Tuesday, November 4, 2025

Goldman CEO Solomon Says 10% to 20% Equities Drawdown Is Likely

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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)

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