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hey guys very glad to welcome back Daniel demartino Booth who is literally popping at the scene she says with exciting little tidbits of data uh that are coming out but before I let her let rip um Danielle soft Landing no Landing whatever happened to that narrative are we back to hard Landing I think we are back to a hard landing and part of it is self-induced you know every time Wall Street convinces itself that its going to be able to strong arm Jay Powell into a pivot in financial conditions of course ease as a result you end up with a situation where you know she and I said this right before the last fed meeting theyd be like oh no no the Markets already pricing in rate Cuts in the second half of 2023 and I said just give him a minute hell talk that away he will make that and he has he has made it vanish as I said that he would and here we are with Bond rates backing back up despite the fact that the evidence on the Slowdown continues to melt which brings us a little bit back
