The Prospects of a Soft Landing: Wall Street's Crowded Trade

1 min read
Source: The Wall Street Journal
The Prospects of a Soft Landing: Wall Street's Crowded Trade
Photo: The Wall Street Journal
TL;DR Summary

Investors are currently convinced that the economy is heading for a soft landing and lower interest rates, similar to their past convictions about recession, tech immunity to rate increases, and high-priced stocks.

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