Economy crash =/= stock market crash?

adindas · 17 January 2023 at 12:46AM

BrockStoker said:

Big banks set aside $4 billion for a recession. Investors are more optimistic
Crypto surging, analysts saying biotech is "red hot". Looking like risk is back on.

It seems to me the consensus is that if there is a recession it will be a mild recession.

This is also echoed by Nobel Prize-winning economist Paul Krugman said "maybe his worries about the outlook were overblown as well. A soft landing is more likely than it seemed just a few months ago, he wrote in his New York Times column Tuesday."

https://www.barrons.com/articles/what-to-know-today-51673427144

Similar to Richard Thaler view, another Noble lauriate in economics. He has been saying that since August 2022

https://www.cnbc.com/2022/08/25/richard-thaler-says-nothing-in-us-economy-resembles-a-recession-.html
It has been frequently quoted in the past that the FED might intentionally want to put the US economy into mild recession to control inflation. But the inflation is now coming down. So whether there is a need for it now, it is still questionable.

adindas · 23 February 2023 at 10:45PM

Another Comment from Jamie Dimon today. Those who do not know, Jamie Dimon has been the chairman and CEO of JPMorgan Chase since 2005. One of the largest bank in the world (if not the largest) in terms of total assets under management (AUM)