The Math On A Soft Landing Doesn't Work

The math on a soft landing doesn't work, notes Axel Merk. He talks about how real interest rates have been elevated and continue to be high. He mentions that in September investors re-assess where we are, and the glass may suddenly be half empty with no big news flow. He then goes over how stocks mixed to kick off the trading week. He discusses how small banks have handled rising interest rates and the outlook for the banking sector. He then goes over expectations for rate cuts in 2024 and monitors the state of inflation. Tune in to find out more about the stock market today.