.Goldman Sachs' recent analysis pointed out that the rise in unemployment is partly due to the expansion of the labor supply, especially the influx of immigrants, and employment growth is not enough to match this trend. Despite this, the Federal Reserve still retains sufficient room for interest rate cuts to meet the needs of economic growth, demonstrating its ability to flexibly respond to market changes.
On the other hand, in the field of cryptocurrency, Goldman Sachs executive Solomon clarified his position on Bitcoin in a CNBC interview. In response to host Sorkin's questions about Bitcoin's volatility and political impact, Solomon reiterated his view that Bitcoin is a speculative investment tool rather than a stable financial existence. He mentioned that although Bitcoin prices fluctuated sharply, such as falling from $70,000 to $66,000 in one day, and politicians such as Trump and Harris were involved, this did not change its judgment of its speculative nature.
Goldman Sachs' layout in the field of digital assets appears to be more active. Its global head of digital assets announced a plan to expand crypto services, focusing on assets such as money market funds and real estate + exchanges Junyang: 954737157 tokenization, it is expected that three tokenization projects will be implemented this year, one of which is in the United States. However, Goldman Sachs's internal attitude towards cryptocurrencies is not completely consistent. The chief investment officer of its wealth management department remains skeptical, believing that Bitcoin lacks intrinsic value and is not sufficient as an investment asset class.