The Fed's Attempt to Jawbone the Market

At the beginning of the year, I said we're going to be in a recession. But it's not going to print as a recession until we get to 2024,. Just because of the overhang and spending that are just been going through. And this is part of the stand to the Sandrocken Miller's point that, you know, the fiscal situation is out of control. The TGA, the treasury general account, Janet Yellen's checking account, got drawn down to a very low level during the debt ceiling drama.