Larry MacDonald also writes for the Globe and Mail and a Blog about Shopify The notion of a soft landing gained ascendency in recent weeks as strength in job growth offset worries over rapid hikes in interest rates. But there are long lags of 12 to 18 months in the economic impact of changes in monetary policy. Also, labor markets are a lagging indicator - they often continue to show strength up to - and sometimes into - recessions. That’s all just standard economic-cycle analysis.
3 charts that suggest no soft landing
3 charts that suggest no soft landing
3 charts that suggest no soft landing
Larry MacDonald also writes for the Globe and Mail and a Blog about Shopify The notion of a soft landing gained ascendency in recent weeks as strength in job growth offset worries over rapid hikes in interest rates. But there are long lags of 12 to 18 months in the economic impact of changes in monetary policy. Also, labor markets are a lagging indicator - they often continue to show strength up to - and sometimes into - recessions. That’s all just standard economic-cycle analysis.