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Hard Landing |
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Hard Landing A term used to describe an economy going into recession as the government attempts to slow down inflation. Notes: The Fed will try to avoid a hard landing by raising interest rates only enough to slow the economy down without putting it into recession (a soft landing). |
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Sometimes people say is this about a hard landing or soft landing and what I point out is in the four rate hike cycles under Volcker and Greenspan, the four major ones, that there were two soft landings and two hard landings. It would be difficult to characterize the position of homebuilders as other than in a hard landing. A helicopter made a hard landing at Van Nuys Airport about 5:15 p. |
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Hard Landing