68% of fund managers believe in Soft landing
Fund managers are incentivized to push the soft landing narrative; their income depends on faith in the market. h/t DesmondMilesDant
Independent thinking for complex markets and current events
Fund managers are incentivized to push the soft landing narrative; their income depends on faith in the market. h/t DesmondMilesDant
THERE IS NO SOFT LANDING Not for the US consumer, not for the US Government This plane is flying straight towards a Debt Jubilee or crashing in a Great Depression 2.0 Fintwit passengers can argue about the meaning of turbulence along the way But that’s how this ride ends pic.twitter.com/uzZanBIIAC — Amy Nixon (@texasrunnerDFW) July …
Banks would lose $541 billion in ‘hard landing’ contingency: Fed The Federal Reserve said Thursday that banks are well capitalized enough to endure a severe recession but stand to lose $541 billion if the economy heads south. The findings came from the Fed’s annual stress test of the banking sector, which is based on major …
"Deutsche Bank's "top minds" put recession risk at 100%. Avoiding hard landing would be unprecedented" Therefore, it's consensus.https://t.co/tbpQWAhxxK — Mac10 (@SuburbanDrone) June 16, 2023
HOLD ON TIGHT: Top economist David Rosenberg says the US economy is a ‘dead man walking’ – and warns of a ‘hard landing’ ahead. “You look at the United States and it seems to me that we’re still making this transition from expansion to recession,” Rosenberg said. “I know it sounds extremely controversial to talk about …