According to BlockBeats, Goldman Sachs strategists have observed that the stock market is beginning to overlook weak labor data, with expectations for accelerated stock prices next year. David Kostin's team suggests that anticipated interest rate cuts by the Federal Reserve this week will further support the stock market. Investors remain optimistic that the recent slowdown in the labor market is temporary. The cooling labor market is seen as a 'tailwind for corporate profits,' and it also opens the door for Federal Reserve rate cuts. Profit margins typically track the difference between prices and input costs, including labor. It is estimated that every 100 basis point change in labor cost growth will impact the S&P 500 earnings per share by 0.7%.