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[Music] thank you [Music] thank you [Music] foreign [Music] [Music] foreign [Music] thank you [Music] thank you [Music] thank you foreign [Music] good morning everybody hows everyone doing today is of course Friday its the day it is Friday January 27th core pce comes out in about 12 and a half minutes here 11 and a half minutes here and well also be getting pending home sales today which is of course much less important but just note maybe another spur of volatility around 10 a.m the big deal of course is core pce and the idea behind core pce and the reason why this one is so important is because its going to give Jerome Powell an easy out and by the way were just talking about this right on over here its going to give Jerome Powell a very easy out to raise rates higher than the expectation if the number comes in bad so anything thats north of 0.3 is going to be seen as a huge Miss because if you recall both the PPI numbers producer price index as well as the CPI numbers Consum