The CPI Is Not Coming Now That Ther'r Structural Elements There

The persistency of inflation, by all accounts, i going toe, persists from the data that we're seeng. And so what that means is that we haven't seen pikue fed hawkishness at this point. They ae spent the last three weeks washing back everything powell said in that conferenceThat gave the green light to go out and put risk on. I do, i do think it matters. That's where i probably depart from my friend Adam parker s as he thinks that everything that's in that big brain of his is synonymous and kind of common knowledge toout this street. Andit is probably not.