The Weekly Market Compass #4
One of the most memorable parts of my recent trip to Luxembourg was the return flight to Zürich. Everything was pretty routine until the pilot started descending for landing. That's when things got a little intense. There was this massive windstorm over Zürich airport, and being in the plane as it battled the turbulence felt a little like being a leaf caught in a gusty wind.
We had a rough time. After at least one aborted attempt at landing, and circling the airspace for what seemed like an eternity, we finally made it down in one piece. The moment the plane's wheels touched the runway, there was a round of applause from everyone on board. It was a soft (and largely uneventful) landing, no doubt, but one replete with sudden jolts, moments of feeling weightless and lots of anxiety.
Economic Soft-Landing Predictions
Shifting gears, one would have had to be under a…