Goldman’s Solomon Surprised by ‘Benign’ Markets on War (2)

Goldman Sachs Group Inc. Chairman David Solomon said he’s been surprised by the “benign” reaction in financial markets to the Middle East conflict, adding that it will take weeks to understand more about the situation.

“It’s very hard to speculate because there is so much that is unknown at this point,” Solomon said at the Australian Financial Review Business Summit in Sydney on Wednesday morning. Investors are considering whether this will become a more prolonged event and start to impact consumption, he added.

David Solomon

Photographer: Brendon Thorne/Bloomberg

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