Goldman Sachs perform a risk appetite where Roel Donald Trump markets

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One of the senior executives of the bank said that Goldman Sachs has been affected by the risk due to the fluctuations of the market resulting from the trade war Donald Trump and fears that the high American debt will lead to the erosion of the investor’s appetite for the assets offered by the dollar.

John Waldron, President and CEO of Operations, said, said, Goldman Podcast It was released on Thursday that the investment bank “has managed to put in risk” since the US President announced an increase in a comprehensive tariff for its commercial partners on April 2, adding, “This is a reasonable thing for us.”

Reducing risk by one of the world’s most financial institutions affects how Wall Street traders by shock waves that erupted in the market after Trump launched his trade war. Since then, most of the height has been stopped, but it can be repeated soon.

Waldron said the bank’s low risk appetite will feel more in capital markets and facilitate customer trading. “Where can we, get to know our risks and stay a little closer to the house,” said Waldron, the second in Goldman. Explain the heir For CEO David Suleiman.

Waldron said that Goldman “will release our liquidity a little more, and run a little more.” He added, “It will be a little more, a kind of feet on this topic, not excessively on his feet.”

In a separate interview with The Financial Times, Al -Daron explained that he does not expect a dangerous economic contraction. He said, “I do not see stagnation. We expect” slowdown “, a growth from 1 to 1.5 percent, and 3 percent enlarges.” “I don’t think this is the recession. It is less harmful” than the period of inflation and the high recession that struck the United States in the 1970s.

Goldman and other Wall Street banks have benefited from a sharp increase in stock trading and debt trading in the first quarter of this year after Trump threatened to impose a high tariff on many countries that caused its markets.

However, the increased uncertainty about the American commercial policy and its economic and financial impact may cause companies to be suspended and acquisitions, which led to a reduction in investment bank fees revenues from integration advice and shares.

And the Dron said in the podcast that the bank was putting itself in “the constant uncertainty and what it might offer, in the coming weeks and months.”

Waldron said that there are signs that companies will become a little more confident, indicating that they are captured in the American preliminary offers in recent weeks. “I think we see companies start out a little more and be ready to do some things.”

Waldon joined others in Wall Street Jehofrea, including the CEO of JPMorgan, Jimmy Damon, CEO of Blackrock, Larry Fink, in his probe a warning about the possibility of high deficit spending and the risk of selling in US government bonds.

“It seems to us to reduce the deficit,” he said.

He said: “The deficit becomes great, and I would like to say unnecessary if you are going to run so quickly in the foreseeable future,” adding: “I think the bond market is concerned about it.”

He was asked if the investors were Withdraw Among us are our origins in response to the concerns of customs tariffs and impotence, and Al -Daroun said that Goldman’s agents are looking for a “a little less assignment” to American assets and to undergo exposure to the dollar.

“If you actually look at the allocation of basic assets, I think it is a marginal change in behavior. I don’t think it is more than that. I think the more disturbing the policy, the more likely to see a clear step.”