In what can only be described as "perfectly normal behavior", the president of the United States is openly berating an employee of Goldman Sachs for predicting that tariff based inflation is around the corner, as Trump's tariff policies begin to take affect.
Something tells me this holiday season is going to be eye opening for a lot of otherwise ignorant people.
https://www.cnbc.com/2025/08/13/as-trump-be...
Goldman Sachs
GS
trading on NYSE
since 1999
Goldman Sachs is a leading global financial institution that primarily offers investment banking, securities trading, asset management, and wealth management services to a diverse clientele including corporations, institutions, and high-net-worth individuals, while also providing consumer banking products like savings accounts and loans through its Marcus brand.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $749.00 | $749.05 | $729.18 | $221.20B | 1.65M |
| eps | p/e | p/s |
operating margin |
profit margin |
yield |
| +$11.03 | 17.42 | 15.99 | 34.00% | 25.53% | 2.18% |
Goldman Sachs raises projects for U.S. interest rates in 2025 to three-quarter-point cuts, blaming muted tariff effects and weakness in the labor market.
Of course, if TACO Trump actually follows through with any of his tariff threats then all bets are off. Prices would likely skyrocket almost overnight and those rate cuts will go straight into the compost pile.
https://www.reuters.com/business/goldman-sa...