Goldman Sachs' David Kostin: Rate cuts will be tailwind for equities
CNBC Televisionยท2025-09-09 19:35
Well, David, it's Sarah, and I just wanted to follow up on that. The the expansion that is underpinning the earnings growth and your bull call and everything like that. I'm stuck on this this big red headline that we're flashing.911,000 fewer jobs created in the 12 months through March than we expected. So, that's pretty moderate job growth leading into this this slowdown that we're seeing. And can the economy still expand in a in a labor market that we have like this given what we're learning about the pas ...