It’s starting to look like the US Federal Reserve might’ve done the impossible (or at least the very rare) and achieved a soft landing. If that’s the case, there’s no need for these high interest rates to overstay their welcome and cause an unnecessary recession. For investors, this would make for a much more attractive backdrop. It could mean markets perform better than many expect from here, and that the long-awaited collapse in prices some have been calling for might not come. If that’s the case, those patiently waiting for that lucrative buying opportunity to emerge might find themselves left behind. It might be time to acknowledge what could go right, just in case the Fed’s done the unlikely and pulled this off.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.