Comment by jussij

The predictions of a 'soft landing' being required have turned out to be false, as the USA economy has shown remarkable strength. Compared to the rest of the world the USA economy is booming, with high GDP growth, high employment and low inflation. And with inflation falling, the Fed now has room to start cutting rates. In an environment of falling interest rates with a strong economy it seems highly unlikely the USA will into fall into recession next year, as that would require something of an economic catastrophe.