Ocean First Bank Chairman and CEO Christopher Maher joins Maria in the morning to analyze the impact of tariffs on regional banks.
Goldman Sachs CEO David Solomon said Tuesday that he believes financial markets will overcome the settlement of financial markets to resolve the expected increase in mergers with companies undergoing a common listing process.
“If the level of uncertainty rises from here, yes, you won't see the same amount of capital activity, but things will settle,” Solomon said in an interview with Bloomberg TV Francine Racca. “People need to trade, raise capital, and liquidity is needed to invest. Part of this is just a reset of expectations.”
Solomon warned that the labour market could see an increase in layoffs as businesses support potential recessions and try to manage costs. He added that current policy uncertainty levels are largely concentrated on President Donald Trump's tariffs, which has a calm impact on economic growth and investment.
“Participation so far has raised the level of uncertainty to the point where I don't think I'm healthy because of my investment and growth. When I talk to my CEO and my clients, they're holding back on investment and certainly tightening their belts,” he added.
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Goldman Sachs CEO David Solomon said he believes there is too much policy uncertainty at this point, and is tightening the financial markets. (Getty Images/Michael Nagle via Getty Images/Bloomberg)
After Trump's election for a second term in the White House, the market, as well as increased mergers and acquisitions, Initial public recruitment (IPO) In response to changes in management.
That belief followed the proposed skepticism of the Biden administration. Mergers and acquisitions, And many well-known deals faced legal challenges that arose from concerns about the impact on competition.
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Solomon said that more trades could be made when the market becomes more secure. (Thiago Prudencio/SOPA Images/Lightrocket via Getty Images/Getty Images)
In an interview with Bloomberg, Solomon said in a first quarter of 2025 there was a higher level of activity in the capital market than in the same period last year, so that there could be more trades later this year, unless uncertainty rises enough to keep potential trading makers on the sidelines.
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“If the level of uncertainty is rising from here, yes, you won't see the same amount Capital Market Activities. But my own belief is that things calm down. There is a clearer policy perspective and some normalization of capital markets,” Solomon told the outlet.
