We're seeing a lot of deflation in the pipeline, commodity prices, discounts at retail during the holiday season to clean the shelves of massive inventories. So we think that's going to show through in terms of inflation. And very importantly, housing has taken it on the chin this year. Autos as well. They never, they really went nowhere and now used car pricing is down 14 percent on a year over year basis. The market is waiting for the Fed. We think the Fed's rhetoric will change first and then its actions will change. That's all going to take place in 2023.

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