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27,186 Posts.
2418
25/09/24
10:43
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...we will know where unemployment heads in a week plus. The market wants to stay in denial, Wall St business thrives on keeping everyone upbeat.
The "Soft Landing" narrative is hopeless!
Just observe data and study history.
Recession (Hard Landing) occurs when Yields Plummet and Fed Cuts while Unemployment moves up and we have Yield Inversion.
Now look at the one Soft Landing - and the Hard Landings - and tell me which scenario we are in now.
https://x.com/HenrikZeberg/status/1838697711287308354
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