Soft Landing Seems Less Likely: Morgan Stanley's Caron

The video discusses the potential for a soft landing in the economy, with Jim Curran expressing skepticism despite holding cash. Factors like high inflation, energy issues in Europe, and the Fed's interest rate hikes are considered. The video also examines recession indicators, noting the strong job market. Finally, it explores market predictions and the challenges of betting on a soft landing.

What does a 'hard landing' scenario imply for the economy?

What is the significance of the unemployment rate in predicting economic conditions?