Goldman’s Solomon Expects US Economy, Deals to Accelerate (1)

David Solomon expects the US economy to accelerate into 2026 as tailwinds from continued stimulus and tech spending outweigh a softer labor market and geopolitical turmoil.

Government spending and “all of the AI infrastructure build” means — on balance — the economy was “still in pretty good shape,” the Goldman Sachs Group Inc. CEO said, despite the impact of tariffs and a slower US job market.

Solomon previously warned on Sept. 10 that the US economy was softening, citing President Donald Trump’s trade policies as a factor.

The banking boss also expects dealmaking to pick ...