Hello there, I'm Chuck Todd. I just got off the meat press set where I wrapped up interviews

with former vice president Al Gore, consulman Elaine Luria and Treasury Secretary Janet

Yellen sitting here now with Jake Sherman. He's founder of Punch Bowl News, also an

NBC News contributor, steadfast reporter in all things capital hell. So Jake, welcome

back.

Thanks, Chuck.

You know, it's funny. I look at my three-guess, Luria Gore and Yellen. Luria and Gore,

we kind of had an idea of what they were going to say and they were, I want to start with

Yellen because I feel like it's going to be the story of the week, which is these economic

indicators are going to come out. A lot of them are going to come out. And that was what,

it was sort of, it was a, it's always the last question that can sometimes create accidental

news. And which one mattered the most? And she went out there to talk about essentially

try to pre-but what's coming. It sounded like to me that GDP, we're going to have a negative,

we may have a negative number, which would mean two quarters in a row, which every other

time we've had two quarters in a row, we've called that a recession. But she was like,

hey, don't call it a recession. It's going to be a tough political spin if they're going

to try to engage in that all week.

For sure. I mean, if you, if you observation, I think it would be untenable, perhaps less

than untenable, maybe just unappreciated for the secretary of the treasury to concede that

we are heading into a recession. This administration has been pushing back very hard on the idea

that they are, that the economy is heading for a recession because of the kind of mixed

economic data that we have low unemployment, high output. But this week is going to be huge

...