Soft landing predictions have gone very wrong in the past
Mike Armstrong and Marc Fandetti discuss the optimism for a soft landing and those feeling in the past have been disasterous. GDP grew in the second quarter and, despite Fed rate increases, it is poised to keep growing. Big consumer companies keep raising prices, complicating the Fed's job. Ford raises profit forecast despite steeper EV losses. How will markets be impacted once student loan payments resume?