With two more FOMC meetings to go, there is a growing consensus around the Fed’s path into yearend. What happens in 2026 is less clear, as markets debate how the Fed will balance signals from US growth versus the labor market. Global Banking and Markets’ Tony Pasquariello and Josh Schiffrin, and Goldman Sachs Research’s Dominic Wilson, discussed the biggest risks to watch into yearend, including private credit worries, the labor market, AI bubble debate, and more on the latest episode of The Breaks of the Game, now live on YouTube: http://ms.spr.ly/6044t6ybK

Haroon Kotadiya

Unlocking Business Growth | Financial Analyst | Equity Research | Strategic Client Partnerships

3w

Two FOMC meetings left, consensus on 2025, chaos on 2026. The Fed balancing growth vs. labor is like trading volatility with a blindfold—everyone's got a theory, nobody knows the landing. 🎯📊

Goldman Sachs FICC and Equities, Goldman Sachs very insightful and informative video! Thank you for sharing! 😃 👍 🤝 👏

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Divyansh Dixit

Institutional Trading & AI | AMT, VWAP/dVWAP, TPO, Delta/DOM | Python & AI Engineer-in-Training | Building an AI-Driven Trading Control Room

3w

mostly what i have studies that mainly what can changes the direction of US as in the way of critical situation is mainly looking the "Nominal Dollar Index + the ICE BofA High yield index today what i have found is up to next years if both of these remain stable the situation is in controlled and if it remains in control the US stocks will get momentum other than that wait and watch.

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David Xia

Director, Investment Banking at Goldman Sachs | Financial Economics

3w

Great insights! Watching how the Fed balances growth signals with labor market data will be critical for markets into 2026. 📊

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