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Goldman Sachs' Economic Outlook: A Recipe for Divided Expectations

United States, USAMonday, September 16, 2024

Good morning, readers! Here's what you need to know today: Goldman Sachs believes a Kamala Harris presidency, with a Democratic-controlled House and Senate, is the best-case scenario for the economy. Nvidia stock is experiencing a turbulent week, with its founder Jensen Huang losing $10 billion due to a 9.5% drop in shares on Tuesday.

Americans are waiting for lower interest rates to buy a car, with autos being the biggest-ticket item consumers are putting off. Nordstrom's founders are offering to take the department store private in a deal worth $2.3 billion. Dorm decorating is becoming a five-figure proposition, with intense competition for the cutest and comfiest room showing no signs of slowing down.

nvidia goldman sachs jensen huang kamala harris

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