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Windbag1014

04/19/23 10:28 AM

#2011 RE: fourdint #2007

The only question is if you believe it will be a soft landing.


I would say I am more inclined to believe it is possible today then I was a year ago. The balance between a soft landing and recession seems to be tenuous but possible. Higher interest rates are having a cooling effect. Cutting off the fed teat should be helpful on the inflation front. 30 year mortgage rates climbing this high this fast should also slow things down some.

https://www.bloomberg.com/news/articles/2023-04-19/us-30-year-mortgage-rate-climbs-by-most-in-two-months-to-6-43