Goldman Sachs had reported subdued first-quarter results as it, along with the rest of Wall Street, posted declines in trading revenue.
said that Wall Street clients have woken from the stupor that impacted trading results across the industry in the first few months of this year.in an interview from the Milken Institute Global Conference in Beverly Hills, CA. "After the fourth-quarter speedbump and with the government shutdown, we had a very slow start to the year. We saw pickup particularly in March, and activity has been more constructive in April.
"From a macro perspective, the global economy is moving along pretty well," Solomon said. "The U.S. economy is doing well, there's no question China has responded better to stimulus."
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