Introduction

Welkin ramako: I think it can make a reasonable case that the economy likely picked up a bit to start the third quarter, right? So you sorted it may be a lull in june july, but august appears to be a little bit stronger than the previous month. But most notably, initial jobles claims have started to descend again. They've actually been declining now for the last three weeks. The unemploymat rate, as of this recording, is still ot a cycle low of three and a half %. It's going to have to go up if they want to get itslation down at least in the short run.