Is There a Supply Constraint in Recession?

I think next year will be the year where team transitory is defeated. There's a lot of good research showing that we have a workforce That's just not growing as much as it used to. And so both of these fewer energy and fewer Employment fewer workers means that there's less capacity to produce stuff. So you could have a recession but you could have one where prices remain pretty high. I think that's just not in the market pricing at all um. It's going to be a big change from what we've been used to the past few decades Gentlemen, they're at the beginning of this year a long time refrain from many folks. But now at interest rates sit at 4

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