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The market was priced for a soft landing, was very enthusiastic about a soft landing, and we acquired this Europe of roadmap to recovery. The likelihood of a soft landing, a garden variety recession, even maybe a my chance of a hard landing. Thats all there are. Central banks now have to make a judgment on how persistent those upside surprise is going to be. Were in the camp of a couple of more rate hikes for the Fed, but not giving up on the disinflation story. The federally wants 2 percent inflation. They have massive amounts of work in front of them. This is Bloomberg Surveillance with Tom Keene, Jonathan Ferro and Lisa Abramowicz. He up, stocks down. Life in New York City this morning. Good morning. Good morning for an audience worldwide. This is Bloomberg Surveillance on TV and radio alongside Tom Keene and Lisa Abramowicz. Some Jonathan Ferro back after a long weekend with feature. If eight tenths of one per cent on a SP 500 have got to say the data out of Europe a whole lot
