Financial markets rallied Thursday as Wall Street grows increasingly confident the economy has achieved a “soft landing” from high inflation without a recession. The stock market stretched a record-breaking rally into a second day after the Federal Reserve signaled Wednesday that it could begin cutting interest rates next year. “The Fed believes they have the soft landing in the bag. Clearly, markets believe them now,” Callie Cox, a U.S. investment analyst at eToro, said in a statement. The Dow Jones Industrial Average was up 92 points — roughly 0.3 percent — just before 1:30 p.m. Thursday after hitting an Wednesday, surpassing 37…
