Fortune (May 6)
“Last year’s consensus was that the U.S. economy was headed for a recession, but that didn’t happen. This year’s consensus is that we’ll have a soft landing, in which the economy slows but won’t tip into a recession.” But contrarians like Andrew Hollenhorst, Citi’s chief U.S. economist, believe “a hard landing” is now imminent.
Tags: Citi, Consensus, Contrarians, Economist, Economy, Hard landing, Hollenhorst, Imminent, Recession, Slows, Soft landing, U.S.
Institutional Investor (September 5)
“Hard landing? Soft landing? No recession after all? As economic news that’s far rosier than most analysts expected to see this summer keeps coming in, a growing number of pundits are now openly wondering if the ‘severe downturn’ long predicted to strike by late 2023 may turn out to be milder (and later in coming) than even the cheeriest of them had recently envisioned.”
Tags: 2023, Analysts, Envisioned, Hard landing, Later, Milder, Predicted, Pundits, Recession, Rosier, Severe downturn, Soft landing
