-
Goldman's David Solomon surprised by ‘benign’ market reaction to Iran war
Goldman Sachs ’ Chairman and CEO David Solomon said financial markets have had a surprisingly “benign” reaction to the Iran war, as the conflict enters its fifth day. The Goldman chief spoke at the Australian Financial Review Business Summit on Tuesday as investors primarily monitored oil prices after Iran said the Strait of Hormuz had been shut and any vessel passing through would be targeted. “I’m actually surprised,” Solomon said at the event. “I think the market reaction has been more benign, given the magnitude of this, than you might think.” U.S. stocks have been volatile over the past few days ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From @MarketsCapApp|Mar 4, 2026Just in | Fed's Miran Supports Gradual 25 Basis Point Rate Cuts Until Neutral Stance is Achieved. FED'S MIRAN: IT IS APPROPRIATE TO CONTINUE TO CUT AT THE MARCH MEETING, HAVE NOT CHANGED THE OUTLOOK BASED ON THE OUTBREAK OF CONFLICT IN IRAN. ... MIRAN: FED SHOULD ACCOMMODATE AI JOBS TRANSITION WITH EASIER MONETARY POLICY || DON'T THINK CREDIT ISSUES WARRANT A CHANGE IN MONETARY POLICY ... FED'S MIRAN: I HAVE NOT TALKED TO TRUMP SINCE RESIGNING AS CHAIR OF THE CEA. ... MIRAN: DO NOT HAVE A GOOD IDEA OF WHEN WARSH WILL BECOME CHAIR BUT HOPE TO HAVE CLARITY SOON
From @financialjuice|Mar 4, 2026|3 commentsFed's Miran: It is too early to have firm views on Iran policy impact. Fed's Miran: Evidence that oil prices feed into core inflation is quite limited. Just in | Fed's Miran: Current Monetary Policy Remains Modestly Restrictive. Fed's Miran: 1 percentage point of cuts is appropriate this year. MIRAN: IF HOUSING INFLATION DECELERATES AS EXPECTED THE FED COULD UNDERSHOOT THE 2% TARGET || APPROPRIATE TO CONTINUE TO CUT AT THE MARCH MEETING; HAVE NOT CHANGED THE OUTLOOK BASED ON THE OUTBREAK OF CONFLICT IN IRAN ...
From statcan.gc.ca|Mar 4, 2026The labour productivity of Canadian businesses edged down 0.1% in the fourth quarter as hours worked declined at a slower pace than real gross domestic product (-0.2%). This ...
-
- Newer Stories
From @zerohedge|Mar 4, 2026|20 comments*IRAN DENIES INTELLIGENCE MINISTRY REACHED OUT TO CIA FOR TALKS *IRAN'S SEMI-OFFICIAL TASNIM CITES MINISTRY SOURCE ON NYT REPORT
From kitco.com|Mar 4, 2026|1 commentFederal Reserve Bank of Cleveland President Beth Hammack said it was too early to gauge the economic impact of the Iran war and backed holding interest rates steady for "quite ...
From pmi.spglobal.com|Mar 4, 2026Latest PMI survey data from S&P Global showed that the US service sector registered only a modest pace of activity growth during February. The slowdown was accompanied by only a ...
