Keep pulling the thread on Jens Stoltenberg, David Solomon.
Returns from Norway's sovereign wealth fund now finance 27% of the Norwegian national budget, an increase from 0% in 1996.
Norway's sovereign wealth fund has generated more returns from its equity investments than from the country's oil and gas revenues.
In its most recent quarter, Goldman Sachs reported its second-best ever results for revenue, earnings, and earnings per share (EPS).
David Solomon believes the risk of the Middle East conflict becoming a prolonged event that harms economic activity is higher than what equity markets are currently pricing in.
The Norwegian sovereign wealth fund owns approximately 1.5% of all publicly listed companies globally, with holdings in over 7,200 companies.
The CEO of Pfizer predicts that China will surpass the United States in cancer medicine within one to two years.
David Solomon asserts that the current consensus view is that China will not become the world's largest economy in the foreseeable future, a reversal from the consensus in 2018.
Jens Stoltenberg created Norway's "spending rule," which limits government withdrawals from the sovereign wealth fund to 3% annually.
David Solomon believes that sustained high oil prices will lead to increased inflationary pressures and negative impacts on economic growth.
According to David Solomon, CEOs in the United States perceive the current regulatory environment as permissive of large-scale consolidation, which is driving M&A activity.
David Solomon predicts that the trend of CEOs aggressively pursuing scale and technology adoption will continue through 2026 and 2027.
Over the last 10 years, the Norwegian sovereign wealth fund's allocation to European investments has decreased from 42% to 21%.