The S&P 500 hit a new record as markets priced in a 25bps Fed rate cut, with “peak Goldilocks” optimism driving risk-on sentiment, Goldman Sachs says. Wednesday’s Fed meeting will be tense: Two members of the FOMC have been accused of crimes by the Trump Administration and they will be sitting across the table from Stephen Miran, Trump’s new advocate for rate cuts. Investors will scrutinize Chair Jerome Powell’s communication for future easing signals and may sell on the news. The S&P 500 hit a new reco ...