"Doomsday Doctor" goes against the grain: No signs of a hard landing for the US economy

JIN10
2024.08.12 03:58
portai
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American economic expert Rubini stated that there are currently no signs of a hard landing for the US economy. He pointed out that the market often misjudges the economic situation and Federal Reserve policy expectations, believing that the data does not indicate an imminent hard landing, but rather some strong factors exist. Rubini was initially ridiculed for warning about an economic bubble, but he proved to be correct during the great financial crisis. Wall Street widely believed last year that the US economy would fall into recession, but in reality, the economy maintained its growth momentum. The latest data shows that the US economy is performing well, with no signs of a recession