In the ever-evolving economic landscape, the debate between a short recession and a prolonged stagnation, or "soft landing," has taken center stage.
What Happened: Frances Donald, chief economist at Manulife Investment Management (NYSE: MFC), recently offered a fresh perspective on this topic, suggesting that a temporary recession might be more advantageous for investors.
Donald told CNBC she believes that the Federal Reserve's actions, or lack thereof, play a pivotal role in this debate. She posited that only a genuine recession would compel the Fed to slash interest rates.
In contrast, ...