Cetera Investment Management has released its 2023 Second Quarter Outlook titled, “Preparing to Land.” In this outlook, they discuss the impact of the Fed’s rate hikes which are showing up in the banking sector and other areas of the economy. The Fed will likely pause its rate hikes soon and investors are debating what the economic landing will be. Will it be a hard landing (deep recession), soft landing (mild recession) or will it even land (no recession). They outline why they continue to think it will be a soft landing.

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