Goldman’s Rate Cut Forecast, Mastercard SpendingPulse, and the New Trading Week 8/14/23

Goldman Sachs is forecasting for the first Federal Reserve rate cut to come in the second half of next year. NewEdge Wealth’s Ben Emons explains. Plus, Mastercard is out with its latest SpendingPulse survey, showing the consumer remains strong. Mastercard’s Michelle Meyer discusses. And, what’s ahead for the new trading week? Harrison Street’s Christopher Merrill weighs in.