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0.000181505642690083 -0.000576547335603894 -0.00133460031389799 -0.00130256990636447 -0.00125986269631965 0.00166825039237249 -0.00242363417003874 -0.00204845132979572
Stock impact report

This Tax-Free Dividend Has Upside From AI [Forbes]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Forbes
And even then, only a bare majority do. C'mon man! That's 15 months from now. I know predictions are tough, but from where I sit, this one seems awfully hard to justify. For one, Trump administration pick Kevin Warsh is likely to be installed as Fed chair long before then, with Jay Powell's term officially up next month. Sure, Warsh has been hawkish in the past, but over the last few months, he's been in line with the administration's wish for lower borrowing costs. Let's be honest. If (when?) push comes to shove, Warsh will choose self-preservation. But the Fed drama is the least of my reasons for expecting lower rates. A far bigger one is AI, which is cutting headcount, slowing wage growth and, as it does, grinding on inflation. Goldman Sachs (GS) , for example, recently said that AI is wiping out roughly 16,000 jobs a month on a net-net basis, with the bulk of those on the entry-level side of things. That's after the US added just 181,000 net jobs last year, or an avera Show less Read more
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