Tariff Fears Pose 'Material Risks' To US And Global Economies, Goldman Sachs CEO Warns

Goldman Sachs Group, Inc. (NYSE:GS) on Monday reported its first-quarter global banking and markets division revenue rose 10% to $10.71 billion, driven higher by blockbuster equity trading revenue. However, CEO David Solomon warned of uncertainty and potential turbulence ahead on the company's earnings call. 

What To Know: The Goldman Sachs CEO warned that the prospect of a recession has increased with global signals indicating a slow down in economic activity. He said that these indicators combined with the potential of an escalating trade ...