High Equity Valuations Put Soft Landing at Risk
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The article discusses the risk of a soft landing in the US economy due to high equity valuations. The author mentions that stock values are still elevated and may not provide long-term support as they did in the mid-1990s. Chicago Federal Reserve President Austan Goolsbee presents an optimistic view of the US economy, stating that a recession could be avoided without overheating. The soft landing is the goal of the Federal Reserve and is also reflected in market expectations.



https://www.bloomberg.com/news/newsletters/2024-02-07/high-equity-valuations-put-soft-landing-at-risk