TME Weekend: Smells like "soft landing"

10 soft landing vibes

1. The US labor market is rebalancing.

2. Fed is approaching terminal rate and will be pausing soon.

3. Overheating and wage-price acceleration is off the table.

4. US recession probability is lower than people think.

5. Corporate earnings collapse is less likely than people think.

6. US consumer and corporate balance sheets remain strong.