Debbie says 'There are no Soft Landings.'

[Drastic]

https://www.cnn.com/2023/06/01/investing/macys-earnings-costco/index.html

"Macy's and Costco sound a warning about the economy"

>it feels like we are already there
Agreed, we just don't all know it yet. My debbie says we're going to bottom this summer/fall and start climbing out during holidays, barring any major geopolitical events/changes. I'm wondering if that timeframe might have a dash of wishful thinking, however.

[rcjordan]

U.S. recession 2023: Soft landing comes into view for the economy

https://www.axios.com/2023/07/18/us-recession-2023-prediction-probability

[rcjordan]

Why the latest jobs data is raising hopes about a soft landing : NPR

https://www.npr.org/2023/08/04/1192120360/jobs-employers-economy-soft-landing-recession-inflation

[rcjordan]

https://www.bloomberg.com/news/articles/2024-01-05/yellen-declares-us-economy-has-achieved-soft-landing?leadSource=reddit_wall

Janet Yellen Says US Has Achieved a Soft Landing After December Jobs Report - Bloomberg

[ergophobe]

Paywall, so maybe this is covered in the article.

The ex post facto explanation going around now is that an Ed-Med-third thing I don't remember economy is less sensitive to inflation. People generally don't skip their operations or cancel getting a degree because the price of milk went up. So we see less job loss than in a manufacturing economy where lose a job them tighten belts then factory orders go down and people lose factory jobs and so on im a downward spiral that is hard to reverse.

And everyone has already built Ed-Med inflation into their budgets. Of course, I think those two have to reach a limit at some point, but those are secular tends, not short-term economic cycles.