Factors Suggesting Economic Slowing and the Possibility of a Soft Landing

This chapter explores the factors suggesting economic slowing and discusses the potential impact of critical events such as the restart of student loan repayments and the end of pandemic stimulus. It also highlights indicators of economic weakness such as slowing nominal disposable personal income and wage and earnings data, while addressing concerns about the bond market and questioning the accuracy of the non-farm payroll report and the Fed's suggestions.