Bumpy Landing

Topic

An economic forecast by David Sacks predicting a period of turbulence for the economy, contrasting with the more optimistic 'soft landing' scenario.


First Mentioned

1/5/2026, 5:25:56 AM

Last Updated

1/5/2026, 5:30:39 AM

Research Retrieved

1/5/2026, 5:30:39 AM

Summary

In the context of economic forecasting, a 'Bumpy Landing' refers to a period of significant economic instability and potential downturn, a term notably championed by David Sacks in early 2024. This outlook suggests that the economy will face a harsh transition rather than a smooth stabilization, driven by persistent inflation and the depletion of the Strategic Petroleum Reserve (SPR), which increases the risk of oil shocks. The 'Bumpy Landing' thesis is supported by real-world indicators such as major layoffs at financial institutions like Citibank and geopolitical volatility, including US military actions in Yemen. These factors collectively cast doubt on the market's expectation for interest rate cuts in the first quarter of 2024.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Resource Factor

    Depletion of the Strategic Petroleum Reserve (SPR)

  • Market Sentiment

    Doubt regarding Q1 interest rate cuts

  • Primary Proponent

    David Sacks

  • Economic Indicators

    Persistent inflation, corporate layoffs, oil shock risks

  • Geopolitical Drivers

    US strikes in Yemen, Red Sea shipping disruptions

Timeline
  • David Sacks predicts a 'Bumpy Landing' for the economy during the All-In Podcast, citing inflation and oil risks. (Source: Document a7a96b3e-b0a7-41e7-a179-b42068a2117b)

    2024-01-12

  • Recent layoffs at Citibank are identified as evidence supporting the Bumpy Landing economic outlook. (Source: Document a7a96b3e-b0a7-41e7-a179-b42068a2117b)

    2024-01-12

  • Geopolitical tensions from US strikes against Houthi rebels in Yemen contribute to the Bumpy Landing forecast. (Source: Document a7a96b3e-b0a7-41e7-a179-b42068a2117b)

    2024-01-12

Emma Reynolds

Emma Elizabeth Reynolds (born 2 November 1977) is a British Labour Party politician who has served as Secretary of State for Environment, Food and Rural Affairs since 2025. She previously served as Economic Secretary and City Minister from January to September 2025. She was elected as Member of Parliament (MP) for Wycombe in 2024, and was previously the MP for Wolverhampton North East between 2010 and 2019. Between losing her seat in 2019 and returning to Parliament in 2024, Reynolds worked as a lobbyist for TheCityUK, an advocacy group representing the interests of the financial sector. She also set up her own lobbying business before becoming an MP.

Web Search Results
  • What factors contribute to a bumpy plane landing? Is it ... - Quora

    The wind direction and velocity iare usually the cause of a bumpy landing. When conditions are calm, most any pilot can execute a smooth

  • Turbulence

    When the wind flows around an obstruction, it breaks into eddies—gusts with sudden changes in speed and direction—which may be carried along some distance from the obstruction. A pilot flying through such turbulence should anticipate the bumpy and unsteady flight that may be encountered. This turbulence—the intensity of which depends upon the size of the obstacle and the velocity of the wind—can present a serious hazard during takeoffs and landings. For example, during landings, it can cause an [...] | | | --- | | Varying surfaces affect the normal glidepath. Some surfaces create rising currents which tend to cause the pilot to overshoot the field. | Descending currents prevail above some surfaces and tend to cause the pilot to land short of the field. | [...] aircraft to “drop in;” during takeoffs, it could cause the aircraft to fail to gain enough altitude to clear low objects in its path. Any landings or takeoffs attempted under gusty conditions should be made at higher speeds, to maintain adequate control during such conditions.

  • Yes, Airline Flights Are Getting Bumpier: Here's Why

    It’s a perfectly sunny day, with a clear blue sky. The pilot just announced that your flight has reached cruising altitude, so the seat belt sign has been turned off. Passengers are moving about the cabin. Suddenly the plane starts shaking. You instinctively grab the arm of your chair. Passengers who have stood up brace themselves. A baby starts crying. [...] plane to accelerate downward faster than gravity does. If you’re not buckled up, you will lift out of your seat as the plane rapidly drops a few tens of meters. [...] Pilots can spot turbulence ahead of them relatively easily when it’s inside a storm or among clouds. Onboard radar can track the movements of rain drops in the distance to reveal the turbulent motion of air. Pilots can then forewarn passengers and crew, encouraging them to take their seat and buckle up before a jolt hits. Turbulence in clear air, however, is invisible to radar; pilots typically don’t know it’s there until the plane hits it.

  • Why plane turbulence is becoming more frequent

    Other passengers were left with gashes and broken bones. Geoff Kitchen, who was 73, died of a heart attack. Death as a consequence of turbulence is extremely rare. There are no official figures but there are estimated to have been roughly four deaths since 1981. Injuries, however, tell a different story. [...] Severe turbulence is defined as when the up and down movements of a plane going through disturbed air exert more than 1.5g-force on your body - enough to lift you out of your seat if you weren't wearing a seatbelt. Estimates show that there are around 5,000 incidents of severe-or-greater turbulence every year, out of a total of more than 35 million flights that now take off globally. [...] "Being on a rollercoaster is the only way I can describe it," he recalls. "After being pushed into my seat really hard, we suddenly dropped. My iPad hit me in the head, coffee went all over me. There was devastation in the cabin with people and debris everywhere. "People were crying and [there was] just disbelief about what had happened." Mr Davies was, he says, "one of the lucky ones".

  • Parachutist Has Rough Landing During Armed Forces Bowl Pre-Game

    According to a video posted on X by Keff Ciardello of the San Antonio Express-News, a pre-show involving five parachutists ended with one landing outside the stadium while another, as captured in the clip, landed behind the end zone and onto the portion of the field that separates the stands from the field. [...] Spectators at the Armed Forces Bowl at Amon G. Carter Stadium on Friday, Jan. 2, were expecting to see a game between Rice University and Texas State. The game did take place, but after a shocking incident involving a parachutist. [...] The person's parachute seemed to be caught by a wire, which ultimately left them suspended in the air for about a half-second before falling, the Austin American-Statesman and Cleveland.com reported, citing officials at the game. The PEOPLE Puzzler crossword is here! How quickly can you solve it? Play now! A spokesperson for the Armed Forces Bowl toldUSA TODAY Sports that "the parachutist immediately got up and off the field on his own power and no one on the ground was injured."