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chalbersma t1_j19aah9 wrote

Reply to comment by Broad_Bag_5526 in Leaked internal document shows Amazon expects a soft landing for the US economy and little chance of a recession, a rosier outlook than many other forecasters by Sorin61

Actually that's exactly what Wall Street firms are saying in the financial press.

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Broad_Bag_5526 t1_j19b0gw wrote

Sorry. What do you mean?

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chalbersma t1_j19zewu wrote

There have been like 40-50 articles over the last month citing funds managers who state they have cash in the sidelines and are waiting for "retail capitulation" to mark the bottom of the crash before reinvesting. Here is one that was in my browser history. But they've been pretty regularly coming out the last 6-8 months or so.

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