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Economy

Goldman president looks on the bright side

Major economies faring well, but populism could rock markets, says David Solomon

David Solomon, president and co-chief operating officer of Goldman Sachs (Photo by Rie Ishii)

TOKYO -- David Solomon, president and co-chief operating officer of Goldman Sachs, is an optimist. He says the U.S. economy is seeing "accelerating growth," China is showing reassuring stability, Europe is "chugging along" and Japan can unlock growth with its hoard of cash.

He does, however, warn of the need to keep a watch on the surge in nationalism and populism in Europe, saying the trend could heavily impact elections and markets.

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