1058 ET - Business leaders want more clarity from President Donald Trump's administration, which has hit the ground running with a burst of activity that has a wide range of potential policy outcomes, Goldman Sachs CEO David Solomon says in a letter to shareholders. "While policy uncertainty is to be expected within the first few months of any administration, it's important that policy positions become clearer so that businesses are able to make the decisions they need for longer-term planning and investment," he writes. Solomon adds that many of the CEOs he speaks with are currently evaluating the potential impacts of the administration's actions on their top and bottom lines: "As a result, we are seeing some of our corporate clients acting more cautiously until they have more clarity," he says. (connor.hart@wsj.com)
(END) Dow Jones Newswires
March 14, 2025 10:58 ET (14:58 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.