Cetera Investment Management is pleased to release its 2023 Second Quarter Outlook titled, “Preparing to Land.” In this outlook, we discuss the impact of the Fed’s rate hikes which are showing up in the banking sector and other areas of the economy. The Fed will likely pause its rate hikes soon and investors are debating the economic landing. Will it be a hard landing (deep recession), soft landing (mild recession) or will it even land (no recession). We outline why we continue to think it will be a soft landing.