Soft Landing

Starliner had one but Louis Navellier questioned whether the distinction between a soft landing and a recession will ultimately prove meaningful.

“Right now, it looks like a soft landing for the U.S. economy, but as far as I am concerned the difference between a soft landing and a mild recession is becoming quite blurred,” he wrote.

I am in this same camp except I think either a soft landing or a mild recession would be wonderful.

Tell me what you think.

Maybe I published this without giving it time to breath. So I am adding to it. A “soft landing” will feel like a recession to someone looking for a job. Actually, the current economy feels like a recession to some people. Just like inflation does not impact everyone is the same way, a slowdown in the economy will have a disparate impact. Even a recession does not hurt the rich, it is just a buying opportunity, as if they really need one. For the poor, if the stock market tanks but they have a job and don’t get laid off a recession is good news as prices will drop or at least stop rising. Houses will become cheaper, temporarily so in its own way a recession is a buying opportunity for the poor as well.

Whatever we get, it will be a correction, redirection. Hope and Change. We will have clarity for Christmas.

TEK