US economy could achieve soft landing, but not how you think
Economic data in the form of US GDP (gross domestic product) for the second quarter rose 2.8% signaling that the economy is growing faster than expected. On a recent Opening Bid episode, Morgan Stanley CIO and chief equity strategist Mike Wilson spoke about anticipated volatility that may shake up the market (^DJI, ^IXIC, ^GSPC).
Yahoo Finance markets reporter Josh Schafer joins Catalysts to break down the current US economic outlook and why markets may be pricing in a soft landing scenario.
For more expert insight and the latest market action, click here to watch this full episode of Catalysts.
This post was written by Nicholas Jacobino