Daniel D. Martino Booth is CEO and chief strategist for QI research, an author, she wrote Fed Up and insiders take on why the Federal Reserve is bad for America.

You've probably seen her on all the big

shows talking a lot of insightful points. I'm very excited to have her on the show.

I've been reading her on Seeking Alpha for many years.

How are you thinking about and looking at things right now?

You know, I think that this is a place where

J Powell wants to be, you know, maybe not for what I would consider to be obvious reasons,

but this is a man on a mission and his mission is to keep rates for as high as he possibly can to really to shrink the size of the balance sheet to the greatest extent possible.

And any time you have data out that disappoint the markets, but that he knows are going to be fading,

it still gives him ammunition.

And that's what's important for us to keep in mind,

is what is his motivation?

I think that in the short term,

there's obviously a little bit of pain involved.

If the, and I say in the very short term if the rate cuts that they were hoping for let's say in May if that gets pushed to June

That disappoints investors who want easier financial conditions.

But the truth is, we've had easier financial conditions because the stock market's gone up so much

since the December FOMC that the stock market went up too much and I think that that

is why Howell is he's gratified and fined it to hide behind inflation data that real time data is telling us is not correct.

And that's kind of the case right now.

Medium term, long term, it remains to be seen.

We still have not felt the full brunt of the lag effects of what the Fed is doing.

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