Welcome to overtime. I'm Scott Wartney, you just heard the bells. We of course here at Post 9, just getting started.

In just a few minutes, we'll get the very first look at PIMCO's new playbook from Star portfolio manager Aaron Brown.

Can't wait for that. First though though we begin with our talk of the tape

less than 24 hours before the Fed decision on interest rates a decision that

comes just as some are suggesting the market could be ready to rip higher yet others including some big names are urging

caution.

Let's find out where Gregory Branch stands.

He's the founder and managing partner at Veritas, a C NBC M. B. contributor as well.

He's with us live.

It's good to see you again.

You've been pretty negative.

Are you still?

Long-term, I still.

Nothing's changed my long-term view, Scott,

but I do think that we have the

potential after this rate hike into the middle of this month to have a

surprising route I think that the inflation number we get to this month will be the first time that we're actually

laughing something with a forehandle in front of it.

I was remember March of 2021 was 2.6 percent, but April 2021 was 4.2% so we'd have to start talking about that base

effect again and this time it's working the other way and so the headline number

should come in less than that 8%.

It doesn't mean that we're in a more benign inflationary environment,

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