Do You Think the Fed Did a Good Job?

When does the loosening in financial conditions that we see today with the 2.6% gain on the NASDAQ, when does that loosening start to push us further away from the Fed's goal? Yeah, I think we certainly agree with Chair Powell today that you don't want to overemphasize any short-term movements. It could very well come simply by pricing in what the Fed already expects for the terminal rate about 5%. Do you think the Fed did a good job today?Yeah, I think they want to be backing away from forward guidance at this point in time. There is a lot of uncertainty. You know, there's questions about risk management. We are coming