Goldman Sachs CEO jokes: The risk of a U.S. recession is high or low, it might be "just one tweet away"

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BlockBeats news. April 21. In an interview, Goldman Sachs CEO David Solomon said that the increased or decreased risk of a U.S. recession could be “triggered by just a single tweet.”

He also stated that, at present, forecasts for a recession remain relatively optimistic. His remarks reveal a more common situation in financial markets: statements by Trump on social media can trigger major market volatility. Last week, he published a statement about Iran’s agreement to never close the Strait of Hormuz (but this statement has not yet been confirmed by Iran). The news led to stocks rising and oil prices falling.

Goldman Sachs spokesperson Tony Fratto said, “Anyone who watched that interview can clearly see that David is obviously joking.”

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