The US economy is in a “fragile place”, the chief executive of Goldman Sachs said on Tuesday, as the incoming Donald Trump administration promises policies that could stoke or constrain growth and fuel government deficits.
David Solomon said he was “incredibly optimistic” and expected the sweeping deregulation Trump promised would catalyse business investment.
But he also warned about the potential effects of Trump’s plans to clamp down on immigration, including deporting millions of immigrants who are living in the US illegally.
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