Maria Bartiromo

The other day you were asked a question by another outlet. Can you guarantee that we're not going to have a recession? And you wanted to address that this morning.

The other day you were asked a question by another outlet. Can you guarantee that we're not going to have a recession? And you wanted to address that this morning.

The other day you were asked a question by another outlet. Can you guarantee that we're not going to have a recession? And you wanted to address that this morning.

See, these are the things that people are really worried about, because they first thought it was just about trade. Then they thought it was just about fentanyl. Then after that, we talked about, well, maybe it's currency manipulation and maybe it's now you're talking about food testing. And when I bring up the issue of clarity, that's that's what I'm talking about.

See, these are the things that people are really worried about, because they first thought it was just about trade. Then they thought it was just about fentanyl. Then after that, we talked about, well, maybe it's currency manipulation and maybe it's now you're talking about food testing. And when I bring up the issue of clarity, that's that's what I'm talking about.

See, these are the things that people are really worried about, because they first thought it was just about trade. Then they thought it was just about fentanyl. Then after that, we talked about, well, maybe it's currency manipulation and maybe it's now you're talking about food testing. And when I bring up the issue of clarity, that's that's what I'm talking about.

And that's what I'm hearing from corporate America, that we're not sure where this is going. But of course, we will get resolution on on August, on April 2nd, rather. Secretary

And that's what I'm hearing from corporate America, that we're not sure where this is going. But of course, we will get resolution on on August, on April 2nd, rather. Secretary

And that's what I'm hearing from corporate America, that we're not sure where this is going. But of course, we will get resolution on on August, on April 2nd, rather. Secretary

We've seen worries about growth. I know you said you're not expecting a recession, but investors are on edge over the possibility of a recession this year after the Atlanta Federal Reserve said that it's predicting a 2.4% contraction in the first quarter. And of course, President Trump would not... Wait, wait, wait.

We've seen worries about growth. I know you said you're not expecting a recession, but investors are on edge over the possibility of a recession this year after the Atlanta Federal Reserve said that it's predicting a 2.4% contraction in the first quarter. And of course, President Trump would not... Wait, wait, wait.

We've seen worries about growth. I know you said you're not expecting a recession, but investors are on edge over the possibility of a recession this year after the Atlanta Federal Reserve said that it's predicting a 2.4% contraction in the first quarter. And of course, President Trump would not... Wait, wait, wait.

A what? The Atlantic Federal Reserve.

A what? The Atlantic Federal Reserve.

A what? The Atlantic Federal Reserve.

You were at the business roundtable yesterday. Several major banks revising their economic forecast in the midst of this tariff uncertainty, including Goldman Sachs economists, by the way. What can you tell us in terms of your reaction and the impact of tariffs on the economy and your business?

You were at the business roundtable yesterday. Several major banks revising their economic forecast in the midst of this tariff uncertainty, including Goldman Sachs economists, by the way. What can you tell us in terms of your reaction and the impact of tariffs on the economy and your business?

Yeah. And, you know, you've got other things within the president's agenda that seems to me occurs to me to be very positive for your company, Goldman Sachs, as well as corporate America in general. I'm talking about the deregulation. Cutting regulations is a huge thing and that's going to have a big impact. The extension of the tax cuts.

Yeah. And, you know, you've got other things within the president's agenda that seems to me occurs to me to be very positive for your company, Goldman Sachs, as well as corporate America in general. I'm talking about the deregulation. Cutting regulations is a huge thing and that's going to have a big impact. The extension of the tax cuts.

So I want to get your sense on the macro story right now, David, because initially President Trump did not want to make a prediction. You heard him in that soundbite when I spoke with him on Sunday. That caused this massive sell-off in stocks. Yesterday, he did say, I don't see a recession coming. How would you assess the backdrop in terms of animal spirits?