Goldman Sachs' latest research report compiles various analyses from the International Monetary Fund, Moody's Analytics, and Goldman Sachs economists. Mark Zandi, Chief Economist at Moody's Analytics, directly stated that the U.S. economy is "fragile" and warned that if interest rates remain at current or higher levels for another one or two quarters, the AI investment boom could be the first segment of the economy to collapse. Goldman Sachs economists estimate that high interest rates will drag down U.S. GDP growth by approximately 0.2 percentage points in 2027 under the baseline scenario, expanding to more than double, or 0.5 percentage points, if rates remain elevated. Goldman Sachs strategists believe that the banking system and stock market do not yet pose systemic risks, but if yields rise further or volatility remains high, risk assets will face pressure.