Why Soft Landing Has Become the Fed's Hardest Bet

With Kevin Warsh set to be sworn in as Fed chair on Friday and bond vigilantes already demanding a July rate hike, the notion of a soft landing is getting harder to defend. Lucas and Luna dig into the real GDP growth figure — 2 percent annualized — and what it actually tells us about the economy today. They break down why the consensus narrative of a gentle descent overlooks a labor market that's losing momentum, inflation that refuses to fall below 3 percent, and a yield curve that keeps flattening. The episode leans on the JOLTS data — job openings dropped to 6.866 million, the lowest since early 2021 — and what that signals for wage growth and consumer spending. No hot takes, just a clear-eyed reading of the numbers as they stand on May 22, 2026. #SoftLanding #FederalReserve #KevinWarsh #BondVigilantes #GDP #JOLTS #Inflation #LaborMarket #YieldCurve #RateHike #USEconomy #EconomicData #CentralBanking #Business #Economics #FexingoBusiness #BusinessPodcast #Podcast Keep every episode free: buymeacoffee.com/fexingo