Inflation and the Fed's Fiscal Discipline

Under the surface we continue to see cracks in the labor market and ultimately what may be what forces the fed to cut rates instead of raise them. Powell isn't even acknowledging that the labor you know labor market is is weakening he's still pretending it's really strong but we have had this this week these week numbers. I think it could be a bigger crack in that labor market and it could be precipitated by bigger problems in the banks and in commercial real estate which involves the banks or job losses. As we get closer to the elections that becomes a bigger factor and you know the fed is very political despite the fact that it claims otherwise.