State Street CEO Sees Strong US Tailwinds Despite Greenland Row

State Street Corp.’s chief executive said the US economy faces strong tailwinds despite market volatility triggered by President Donald Trump’s Greenland-related tariff threats, which have pushed investors into risk-off mode.

Investor sentiment toward the US “remains positive,” supported by factors likely to boost spending even as the administration takes a more aggressive stance toward global peers, Ron O’Hanley said in a Bloomberg Television interview in Davos.

Trump’s tax-cut package and North America hosting the 2026 FIFA World Cup will support consumer demand, while a weaker dollar should lift exports, he said.

O’Hanley also ...