Jon Wolfenbarger thinks the soft-landing narrative among economists and investors right now is nonsense.
With inflation well off its peak and the unemployment rate still at a historically low 3.5%, markets have become more optimistic that the US economy will avoid a recession. But for Wolfenbarger, a former JPMorgan and Merrill Lynch banker and the founder of Bull And Bear Profits, the signs are clear that a recession is on the way.
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