Good news: The ‘hard landing’ forecasters got it wrong ...Middle East

Analysis by Allison Morrow, CNN New York (CNN) — Forecasting the economy is tricky, especially in the era of social media, 24-hour news and, of course, a pandemic that broke everyone’s yardsticks for measuring and predicting progress. But as we wind down 2024, one thing appears clear: The naysayers on Team Hard Landing got it wrong. And thank goodness they did! The US economy right now is defying all the odds. Which is not to say it’s perfect or that every American is thriving. But two key components — employment and prices — are settling into healthy levels where jobs are abundant, wages are growing and inflation is largely back to its pre-pandemic norm. On top of that, the stock mar

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Good news: The ‘hard landing’ forecasters got it wrong ...Middle East

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