What a Long Strange Trip it's Been with Alfonso Peccatiello of The Macro Compass
RiskReversal Pod
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Is There a Mild Recession?
Danny Cevallos: I'm actually thinking that there's maybe a really decent chance that we do have a soft ish landing. What does that mean? That means that we have a mild recession we're due for one and that maybe unemployment doesn't get well above five, six percent or something. But here we are at three point seven percent. We're just up a little bit from the 3 and a half percent,. which was the pre pandemic low that we printed a couple months ago here. And so maybe the markets have one more test Danny of that October low, anticipating a mild recession. He says it's an almost Dan a sell on the news event that might occur
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