Goldman's Solomon: There is Real Wage Inflation

The transcript discusses the company's Investor Day targets, aiming for returns better than 13% and aspiring to mid-teens returns. It highlights the progress made and the potential for upside opportunities. The speaker also addresses market headwinds, including inflationary pressures, infrastructure spending debates, US-China relations, and the Delta variant, while noting a more sustained economic recovery.

What return on equity target did the company set during their Investor Day?

• Exactly 15%

• Less than 10%

• Better than 13%

• More than 20%

When does the company plan to update the market on their return trajectory?

• In the first or early second quarter

• In the third quarter

• In the fourth quarter

• At the end of the year

What is one of the potential headwinds mentioned by the company?

• Decline in technology stocks

• Reduction in global trade

• Inflationary pressures

• Decrease in consumer spending

Which international relationship is highlighted as a complex dynamic?

• US and India

• US and Europe

• US and China

• US and Russia

What is the company's outlook on the economic recovery?

• They anticipate a more sustained recovery

• They expect a decline

• They predict a rapid growth

• They foresee a stagnant economy