The surge in retirement concerns is a glaring red flag that cannot be ignored. With the shadow of a possible recession looming, the stakes are higher than ever. In the face of persisting inflation and wavering consumer confidence, the Fed’s responsibility to secure a soft landing in 2024 becomes a dire necessity.
After years of high inflation, a recession would shatter consumer confidence.
It's now more important than ever for the Fed to achieve a soft landing.
2024 is going to be a huge year for the Fed and markets.
Follow us @KobeissiLetter for real time analysis as this develops.
— The Kobeissi Letter (@KobeissiLetter) November 4, 2023