Goldman Sachs boosts S&P 500 forecast, anticipates Federal Reserve slashing interest rates ahead of schedule, according to news reports.
In the ever-evolving world of finance and technology, a multitude of significant events and updates have taken place in recent times. Let's delve into some of the key developments that have caught our attention.
Firstly, the cryptocurrency landscape continues to grow, with platforms like The Daily Hodl providing comprehensive coverage of various categories, including Bitcoin, Ethereum, Trading, Altcoins, and more. The website also offers sections for advertising and privacy policy, as well as features such as News, FAQ, Submit Guest Post, Industry Announcements, Latest Stories, and Crypto Market.
In the traditional market, Goldman Sachs, a leading global investment bank, has made some noteworthy predictions. Goldman economists anticipate a series of 25-basis-point cuts in September, October, and December of this year, as well as in March and June of 2026. Moreover, there is a 50% chance of the U.S. Federal Reserve cutting rates at the Federal Open Market Committee (FOMC) meeting in September, according to Goldman Sachs Research economists.
As a result of these rate cut predictions, Goldman Sachs has updated its S&P 500 forecast. The strategists have increased their year-end target for the S&P 500 index from 6,100 to 6,600, and their 12-month forecast from 6,500 to 6,900. The key changes include an expectation for the S&P 500 to reach 6,400 within three months, 6,600 in six months, and 6,900 within the next year.
The main drivers of this revised outlook are the anticipation of Federal Reserve rate cuts and the strong performance of large-cap companies, particularly in the tech sector. Despite potential tariff impacts, Goldman Sachs maintains a 7% earnings-per-share growth projection for the S&P 500 in both 2025 and 2026. The strategists believe a "catch-up" rally is more likely than a "catch-down" scenario, expecting the market rally to broaden in the coming months.
Elsewhere in the crypto sphere, Little Pepe has successfully raised over $4.5M in a presale, while GUNZ announced GUN Token expansion to Solana. Additionally, G-Knot appointed Wes Kaplan as CEO to launch the first finger vein biometric wallet.
As of July 2025, the S&P 500 is currently trading at 6,225.52, up 0.5% in the past five days and 3.66% in the past month. The CME FedWatch Tool estimates a 62.7% chance of the Fed cutting the rate by 25 basis points at the FOMC meeting in September.
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[1] Retrieved from https://www.thehodl.com/ [2] Retrieved from https://www.cnbc.com/2022/07/13/goldman-sachs-raises-sp-500-forecast-to-6600-as-fed-rate-cuts-loom.html [3] Retrieved from https://www.cnbc.com/2022/07/14/goldman-sachs-strategists-see-a-catch-up-rally-in-us-stocks.html [4] Retrieved from https://www.bloomberg.com/news/articles/2022-07-13/goldman-sachs-raises-sp-500-forecast-to-6-600-on-fed-rate-cuts
- The Daily Hodl, a prominent resource for cryptocurrency news, covers a wide range of categories, including Bitcoin, Ethereum, trading, altcoins, and more, offering insights into the constantly evolving world of blockchain and investing.
- In the traditional finance sector, Goldman Sachs has foreseen a series of potential rate cuts and has updated its S&P 500 forecast, predicting a rise in the index to 6,600 by the end of the year.
- Concurrently, the crypto market is also buzzing with developments, with projects such as Little Pepe raising significant funds, GUNZ expanding its GUN Token to Solana, and G-Knot appointing Wes Kaplan as CEO to launch a finger vein biometric wallet.
