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Fortune
Fortune
Chloe Taylor

Goldman Sachs CEO sees ‘bumps and pain’ for real estate

Goldman Sachs CEO, David M. Solomon Pivot speaks on stage during Pivot MIA at 1 Hotel South Beach on February 15th, 2022 in Miami, Florida. (Credit: Alexander Tamargo—Getty Images for Vox Media)

The U.S. might not be headed for a recession after all—but that doesn’t mean the economic pain is over, according to Goldman Sachs CEO David Solomon.

In an interview with CNBC on Monday, Solomon, who has headed up the investment banking titan for almost half a decade, said he was “surprised” by how robust the American economy had been, and noted that he was seeing “green shoots” coming through in capital markets.

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