Multiple factors support it! Is the US economy really going to "soft land"?
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Some analysts believe that the U.S. economy may not experience a "soft landing" but rather continue to expand. Alicia Levine from BNY Wealth points out that the banking sector's performance has exceeded expectations, with net interest income also higher than expected, indicating a strong economy. She predicts that the S&P 500 index will reach 5900 points by the end of the year, with third-quarter GDP growth approaching 3%. MRB Partners also believe that corporate profits are higher than pre-pandemic levels, supporting economic growth, but warn that inflation may pose a challenge
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