In the midst of a global slowdown, the U.S. has been the best house in a bad neighborhood. The dominos of negative economic data keep falling, and we're edging closer to the tipping point into a recession. The Fed says the U.S. economy is sound and their two rate cuts are simply due to potential trade war risks that haven't fully materialized. Can we still achieve a soft landing? Or, will we reach a point of no return where a trade deal will be too late and incapable of reversing the negative economic trends we see?
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