Is This What a Soft Landing Looks Like?
Real Vision: Finance & Investing
00:00
Is This Going to Be a Slower Unleaf of Something?
I think it's going to be more of a slower unravel because of the US economy, the global economy, just sort of living a life that was very reliant on credit. And I don't necessarily see an event causing an accident, but just a progression of, like I said, death by 1000 cuts. Now, if at some point, the US stock market sort of unravels as it resets P ratios to maybe 13 times instead of 17 times, and off maybe $180 a share of earnings rather than 200 to 220 then you're talking about an S&P that's much lower. But I think that this is just going to be a progression of just nicks here and there
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