Rapid corporate interest payments make the “No Recession” scenario unlikely.

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

— Game of Trades (@GameofTrades_) 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

— Game of Trades (@GameofTrades_) 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

— Game of Trades (@GameofTrades_) August 23, 2023