The “No Landing” camp is getting larger by the day as more market pundits are starting to believe a recession won’t be in the cards this year. This begs the question: is the worst actually behind us?

This argument has some merit as we’re seeing *potential* early signs that some leading indicators may be bottoming.

If we do avoid a recession this year, that doesn’t mean we’re out of the woods. There’s serious risks to a “higher for longer” rates environment, which increases the odds of a harder landing further down the road.

We discuss these risks in more detail in this week’s episode of Bull vs. Bear.