(March 4): Goldman Sachs Group Inc chairman David Solomon said he’s been surprised by the “benign” reaction in financial markets to the Middle East conflict, adding that it will take weeks to understand more about the situation. “It’s very hard to speculate because there is so much that is unknown at this point,” Solomon said at the Australian Financial Review Business Summit in Sydney on Wednesday. “I look at the market reaction and I’m actually surprised,” Solomon said. Solomon said he wasn’t surprised to see the VIX Index spike and other volatility measures also climb. Solomon also addressed the tumult in the US$1.8 trillion private credit market, saying that while there have been a “handful” of idiosyncratic issues, that doesn’t mean the overall credit quality is a worry.

Source: The Edge Markets March 04, 2026 02:38 UTC