Goldman Sachs Chairman and CEO David Solomon shared his thoughts on volatility and interest rates in the days following the global market rout in early August. In an interview with David Rubenstein for "The David Rubenstein Show: Peer to Peer Conversations," Solomon said he expects more volatility in the short term, but isn't concerned about a recession anytime soon. Solomon also called for at least one rate cut before the end of the year. This interview was recorded August 6 in New York.
00:00 Welcome
01:03 Market Selloff & the Fed
00:06:52 AI
00:11:41 Early Life
00:15:05 Starting at Goldman Sachs
00:18:16 Applying to Goldman Sachs
00:21:30 Biggest Worry as CEO
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The David Rubenstein Show: David Solomon
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BusinessCentral Bank Interest RatesCongress; U.S.David RubensteinDavid SolomonDebt CrisisFed PolicyFed minutesFederal ReserveGoldman Sachs Group Inc.Government spendingInterest RatesMarket VolatilityPoliticsRate CutStock Market NewsTaxesTop StocksU.S. StocksWall Streetbankingceodebtelectionequitiesfedgoldman ceogovernmentrate cutrecessionselloffstockstechwall streetwhite house