Wall Street is becoming bullish on a 'no landing scenario' as the Fed tries to quell inflation 

Hard landing, soft landing, or no landing - where do investors stand on the economy's trajectory?
Retail sales data released this week surprised to the upside, indicating that consumers are continuing to spend despite elevated inflation. As the economic resilience persists, a Bank of America Global Fund Manager Survey reveals a shift in sentiment. According to the survey, 36% of respondents now believe a "no landing" scenario could materialize in the next 12 months - a scenario where the economy avoids both a hard landing and a soft landing. In contrast, the proportion of those anticipating a hard landing or outright recession sits at just 7%.
Yahoo Finance's Josh Schafer breaks down the details, providing insights into the current economic landscape and the implications for markets.
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