Is the Fed Going to Cut Rates?

Tham: The bon market is telling us that pekenflatien is coming. Even if pete gr doesn't come yet, pete gr is clearly behind us. And my guess is, if there's one shock to come, it's nothing to do with inflation. It's come to the fact that the i s m is going to put us in a recession within three months. Tham: I don't see the fed cutting rates for the reason jim talked about. They are hell bent on this inflation story, which i think is the story of 18 months ago, or 12 months ago, and not the story of now. He also believes fiscal stimulus based on individual transfer