The stunning strength of the US economy means the soft landing may already be here, Evercore founder says

• The US economy may have already stuck the soft landing, according to Evercore founder Roger Altman.
• The investing veteran pointed to resilient growth, which has crushed expectations over the last year.
• It's the big reason the stock market remains strong, despite concerns over Fed rate cuts, Altman said.

The US economy may have successfully avoided a recession and is already gliding toward a soft landing, according to Evercore founder Roger Altman.

The investment banking chief pointed to rising fear of an economic downturn, especially as interest rates in the economy look poised to remain higher for longer.