2/ There's a noticeable uptick in narratives around the prospect of a "soft landing" in recent months
Meanwhile, discussions around the potential for a "recession" are dwindling in 2023 pic.twitter.com/6jwkX6V8oq
— Bravos Research (@bravosresearch) August 23, 2023
4/ The notion of a 'soft landing' isn't confined to just discussions; it's influencing market behavior
The impressive S&P 500 rally over the past 6 months, driven primarily by robust earnings expectations, testifies to this market sentiment pic.twitter.com/OJnsl1StuF
— Bravos Research (@bravosresearch) August 23, 2023
6/ A yield curve inversion suggests that the Fed has hiked short-term rates too aggressively relative to long-term growth expectations
This is a common precursor to a recession pic.twitter.com/TDizGnQYs6
— Bravos Research (@bravosresearch) August 23, 2023