Wall Street CEOs are sounding even more somber about the near future


Source: ca.finance.yahoo.com ca.finance.yahoo.com

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Some of Wall Street’s top executives were cautious about the direction of the economy when they released their third-quarter earnings results in mid October. They still sound just as somber, if not more so, a week later. "If you listen to the dialogue today, I’d say there’s great uncertainty," about new deal making among CEOs, Goldman Sachs (GS) boss David Solomon said Tuesday at the Future Investment Initiative, an annual gathering of CEOs and global leaders in Saudi Arabia. Goldman last week reported that the firm's profits dropped 33% during the third quarter due in part to the corporate caution...