Goldman Sachs Strategist: US Stocks to Accelerate Again in 2026

BlockBeats News, September 15th: According to a Goldman Sachs strategist, the stock market has begun to overlook weak labor data and is expected to accelerate again next year. David Kostin's team stated that this week the Fed rate cut expectations will further support the stock market. Additionally, stock investors optimistically believe that the recent slowdown in the labor market will only be temporary. It is pointed out that the cooling of the labor market is a "tailwind for corporate profits" and has also paved the way for the Fed rate cut. Profit margins typically track the difference between prices and input costs (including labor). It is expected that for every 100 basis point change in labor costs, it will have a 0.7% impact on the S&P 500 earnings per share. (FX678)