This is what passes for prophecy on Wall Street…
They treat interest rates like weather forecasts: endlessly debated, perpetually wrong, and completely irrelevant to anyone building something real.
As I wrote in The Only Bet That Counts 📖, the market’s priesthood “chant incantations about the Fed’s next move,” because that’s easier than doing the hard work of conviction.
If this is how Goldman spends its time, it explains why the real builders stopped asking the economists for permission.
Rates don’t create monsters. Founders do.
JUST IN: 🇺🇸 Goldman Sachs expects Fed to deliver three more rate cuts: one in December, followed by two in 2026, taking rates to roughly 3–3.25%.