US economy could achieve soft landing, but not how you think

In this article:

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

Advertisement