Goldman Sachs CEO David Solomon Says Equities Could Witness Drawdown in the Next 12–24 Months – Here’s Why
Goldman Sachs chief executive David Solomon thinks historical patterns suggest equities could lose steam in the next year or two.
Solomon says in a new interview with Bloomberg that the market is already “looking forward” regarding the excitement surrounding artificial intelligence (AI).
“Markets run in cycles, and whenever we’ve historically had a significant acceleration in a new technology that creates a lot of capital formation and therefore lots of interesting new companies around it, you generally see the market run ahead of the potential. Because there are going to be winners and losers.
They’re going to be winners and losers. If you go back and think about the internet, pick on Amazon – Amazon was one of many companies that was prosecuting that kind of opportunity. Many of the companies went away. Amazon became an incredible company.
You’re going to see a similar phenomenon here. I wouldn’t be surprised if in the next 12-24 months, we see a drawdown with respect to equity markets, but that shouldn’t be surprising given the run we’ve had.”
Solomon, however, says he’s optimistic the US economy will accelerate heading into 2026.
“I think that as the trade policies are absorbed, and you have the continued stimulus and the continued tech spend, you’ve got a pretty good tailwind.”
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Update: Major Institutions Wager on Bitcoin’s Long-Term Potential as Expectations of Fed Rate Cuts Drive Surge to $93K
- Bitcoin surged to $93,000 on Nov 25, 2025, driven by 85% odds of a Fed 25-basis-point rate cut in December. - XRP rose 11% and Ethereum hit $2,900 as improved liquidity and macro sentiment fueled crypto optimism ahead of the Fed's Dec 10 meeting. - Institutional demand grew with Texas and Harvard investing in Bitcoin ETFs, while Abu Dhabi tripled its ETF holdings to $517.6 million. - Risks persist: ETF outflows, leveraged fund liquidations, and regulatory uncertainties offset gains, with derivatives posi
Ethereum Updates Today: MegaETH's $1 Billion Funding Failure Highlights Blockchain Scaling Challenges
- MegaETH canceled its $1B fundraising after technical failures caused unintended deposits and operational chaos during the pre-deposit phase. - KYC system errors and premature execution of a multisig transaction led to $500M in deposits, forcing the team to freeze the raise and abandon expansion plans. - Critics highlighted preventable engineering flaws, with 259 duplicate addresses raising concerns about bot activity and unfair allocation practices. - Despite backing from Vitalik Buterin and Joe Lubin, t
Ethereum News Update: Canton’s Privacy-Centric Approach Attracts Institutions Away from Public Blockchains
- Canton Network's tokenomics strategy prioritizes institutional adoption by avoiding ICOs and focusing on privacy and interoperability. - Its "need-to-know" privacy model enables regulated access to transaction data, aligning with KYC/AML frameworks while maintaining confidentiality. - Institutional backing, including $135M funding and Goldman Sachs integration, highlights Canton's appeal for enterprise blockchain solutions. - Canton's RWA TVL ($96 per $1 cap) outperforms Ethereum ($0.03), emphasizing its
Hyperliquid News Today: SEC Approval Ignites Triple Crypto Rally: ETFs, Cross-Chain Bridges, and Retail Frenzy
- Institutional investors are accelerating crypto adoption via Avalanche-based ETFs, with Bitwise’s 0.34% fee BAVA ETF offering staking yields and cost advantages over competitors. - Avail’s Nexus Mainnet bridges Ethereum and Solana ecosystems, streamlining cross-chain liquidity and reducing fragmentation through a unified network. - Retail hype drives Apeing’s presale as a potential 100x opportunity, leveraging meme coin dynamics and FOMO to attract speculative traders. - SEC’s evolving regulations and in
Trending news
MoreCrypto prices
More
