From Wall Street Journal:

– Talk of a soft landing for the U.S. economy has investors dreaming of a 1990s-style boom
– Examples of the economy escaping a tightening cycle from the Federal Reserve without entering a recession are few
– Some cite the Fed’s rate cuts in 2019 and a series of rate hikes in 1994 as potential indicators of a forthcoming boom
– It isn’t as outlandish as it sounds
– A lot would have to go right for that to happen



Read more: Soft Landing Talk Prompts 1990s Flashbacks