"I don't see any data in any way, shape or form that leads me to believe that that chance is accelerating at the moment," Solomon told CNBC's Tanvir Gill in Ningbo, China.
The Goldman chief had told CNBC in January that he saw a 50 percent chance of a U.S. recession by the end of 2020. Now, however, he said he thinks the risk "feels less than that today."
That will come as a welcome assessment for investors concerned by the inversion of the U.S. bond yield curve last month. That event — when long-term debt yields moved lower than short-term debt yields— is seen by many to be a reliable recession indicator, so many in the market found the development worrisome.
Solomon, for his part, expressed little concern.