google.com, pub-2431335701173086, DIRECT, f08c47fec0942fa0 August 2023 - MarchéEconomics

August 14, 2023

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August 14: In business cycle parlance, we are coming down from a peak towards a recessionary trough and appear to be nearly there. This trough is not likely to be an actual recession though as the economy is generally still too strong for that. Thus, a "soft landing" has become a common expectation. The more relevant question question is when earnings or profits will stop continuing to fall and bottom out. As it is, the approach towards a trough tends…