US Economy: Soft Landing vs. Hard Landing

The podcast discusses the ongoing debate of whether the US economy will experience a soft landing or a hard landing. The speaker explains that a hard landing refers to a recession, while a soft landing means avoiding a recession. However, the timing of a recession is difficult to predict, as economic forecasting often struggles to accurately determine when a recession will occur. The speaker emphasizes the importance of identifying inflections in the economic cycle, rather than trying to pinpoint the exact timing of a recession.