Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'
Published . Updated .
Goldman economist Joseph Briggs said broader pessimism in society may be contributing to struggling consumer sentiment even as the economy chugs along.
Directly affected
- GS Goldman Sachs Group
Named in this report.
Indirectly affected
- GBIL GOLDMAN SACHS ETF TR
GA selected GBIL as a RELATED security because its canonical security name directly matches this event's themes: goldman, sachs. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- GBND GOLDMAN SACHS ETF TR
GA selected GBND as a RELATED security because its canonical security name directly matches this event's themes: goldman, sachs. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- GCAL GOLDMAN SACHS ETF TR
GA selected GCAL as a RELATED security because its canonical security name directly matches this event's themes: goldman, sachs. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- GCOR GOLDMAN SACHS ACCESS U.S. AGGREGATE BOND ETF
GA selected GCOR as a RELATED security because its canonical security name directly matches this event's themes: goldman, sachs. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- GEM GOLDMAN SACHS ACTIVEBETA EMERGING MARKETS EQUITY ETF
GA selected GEM as a RELATED security because its canonical security name directly matches this event's themes: goldman, sachs. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- GSBD GOLDMAN SACHS BDC INC SHS
GA selected GSBD as a RELATED security because its canonical security name directly matches this event's themes: goldman, sachs. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
Goldman economist Joseph Briggs said broader pessimism in society may be contributing to struggling consumer sentiment even as the economy chugs along.
Source: CNBC Top
Price since this story was published: Goldman Sachs Group (GS)
Since the first closing price after “Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness',” Goldman Sachs Group (GS) is -8.76%. The S&P 500 fund (SPY) is -0.89% over the same days, a -7.87% difference versus the market.
Official trades in Goldman Sachs Group (GS) around 19 Sep 2026
- Maria Elvira Salazar sell Goldman Sachs Group (GS) ($1,001 - $15,000). That is 5 days after publication, inside 30 days. The filing is listed beside the story “Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'.”
- Michael Rulli buy Goldman Sachs Group (GS) ($1,001 - $15,000). That is 16 days before publication, inside 30 days. The filing is listed beside the story “Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'.”
- Gilbert Cisneros buy Goldman Sachs Group (GS) ($1,001 - $15,000). That is 24 days before publication, inside 30 days. The filing is listed beside the story “Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'.”
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Goldman Sachs Group (GS)
Companies tied to this story
- GS Goldman Sachs Group
In “Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness',” Goldman Sachs Group (GS) is linked, with no stored direction, high confidence. Reason on file: The reported development directly names GOLDMAN SACHS GROUP INC in the headline; GA resolved that company to GS
- GBIL Goldman Sachs Etf Tr
For “Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness',” Goldman Sachs Etf Tr (GBIL) is linked, with no stored direction, medium confidence. Reason on file: GA selected GBIL as a RELATED security because its canonical security name directly matches this event's themes: goldman, sachs. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GBND Goldman Sachs Etf Tr
Goldman Sachs Etf Tr (GBND) is linked, with no stored direction, medium confidence in the 19 Sep 2026 story “Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'.” Reason on file: GA selected GBND as a RELATED security because its canonical security name directly matches this event's themes: goldman, sachs. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GCAL Goldman Sachs Etf Tr
In “Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness',” Goldman Sachs Etf Tr (GCAL) is linked, with no stored direction, medium confidence. Reason on file: GA selected GCAL as a RELATED security because its canonical security name directly matches this event's themes: goldman, sachs. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GCOR Goldman Sachs Access U.S. Aggregate Bond Etf
Goldman Sachs Access U.S. Aggregate Bond Etf (GCOR) is linked, with no stored direction, medium confidence in the 19 Sep 2026 story “Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'.” Reason on file: GA selected GCOR as a RELATED security because its canonical security name directly matches this event's themes: goldman, sachs. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GEM Goldman Sachs Activebeta Emerging Markets Equity Etf
Goldman Sachs Activebeta Emerging Markets Equity Etf (GEM) is linked, with no stored direction, medium confidence in the 19 Sep 2026 story “Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'.” Reason on file: GA selected GEM as a RELATED security because its canonical security name directly matches this event's themes: goldman, sachs. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GSBD Goldman Sachs BDC
In “Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness',” Goldman Sachs BDC (GSBD) is linked, with no stored direction, medium confidence. Reason on file: GA selected GSBD as a RELATED security because its canonical security name directly matches this event's themes: goldman, sachs. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Goldman Sachs Group (GS)
“Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'” (19 Sep 2026) reaches Goldman Sachs Group (GS) through this story.
The link for Goldman Sachs Group (GS) is this: The reported development directly names GOLDMAN SACHS GROUP INC in the headline; GA resolved that company to GS
A second company, Goldman Sachs Etf Tr (GBIL), is listed for a different reason: GA selected GBIL as a RELATED security because its canonical security name directly matches this event's themes: goldman, sachs. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Dates and price levels for Goldman Sachs Group (GS)
GBIL traded between 99.83 and 100.11 across 20 sessions. The latest close on file is 100.03. GBND traded between 47.82 and 49.09 across 20 sessions. The latest close on file is 48.34. GS traded between 859.56 and 967.15 across 20 sessions. The latest close on file is 875.50.
What the saved facts support for Goldman Sachs Group (GS)
46 out of 100
“Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.