Business Leaders Are Acting Cautiously, Want Clarity, Goldman Sachs CEO Says -- Market Talk

Dow Jones
2025/03/14

1058 ET - Business leaders want more clarity from President Donald Trump's administration, which has hit the ground running with a burst of activity that has a wide range of potential policy outcomes, Goldman Sachs CEO David Solomon says in a letter to shareholders. "While policy uncertainty is to be expected within the first few months of any administration, it's important that policy positions become clearer so that businesses are able to make the decisions they need for longer-term planning and investment," he writes. Solomon adds that many of the CEOs he speaks with are currently evaluating the potential impacts of the administration's actions on their top and bottom lines: "As a result, we are seeing some of our corporate clients acting more cautiously until they have more clarity," he says. (connor.hart@wsj.com)

(END) Dow Jones Newswires

March 14, 2025 10:58 ET (14:58 GMT)

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