Brothers, Goldman Sachs' group of "prophets" are out again pouring cold water, this time pushing back the Fed's rate cut alarm by a big notch!

Just looked at their report, because current inflation is as sticky as chewing gum, Goldman Sachs has postponed the originally expected two rate cuts by a full quarter.
Now it looks like we’ll have to wait until late 2026 and spring 2027 for the action.
It’s like you’ve scheduled a date with the goddess next month, but she suddenly says she has to work overtime, so maybe we should meet during the New Year or wait until spring next year—feeling pretty cold inside.
Goldman Sachs' economists also said that mainly because energy costs like oil and electricity are too high, core prices just can’t drop to the Fed’s desired 2%, and this year will probably hover around 3%.
It’s like trying to lose weight to 120 pounds but constantly losing control of your diet, only able to watch the scale stay stubbornly high.
In short, we still have to endure these "high interest" days a bit longer.
This environment tests our confidence the most; since the "big gift package" of easing has been delayed, we need to find opportunities within the current market.
Don’t be scared off by this news and lose your composure—surviving and holding onto your positions is the real skill in this frustrating market.
Keep an eye on the Fed’s moves; as long as the general direction doesn’t change, we’ll keep grinding with it.
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