“A lot of investors are getting carried away by the hope that there will be a soft landing. We’re not buyers of that,” says Jan de Koning, portfolio manager of quantitative equities at $200 billion asset manager Robeco. 

Nor are plenty of others in the quant investing community. 

A soft landing, or a gradual slowdown in major economies, involves central banks raising interest rates just enough to tame inflation but not so much as to spark a damaging recession. Pull the lever too far in one