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Recession. What recession? Hi everyone. Welcome to the Friday extended edition of RealVision

Daily Briefing with me today is Vincent Dillard, Director of Global Macros Strategy at

StoneX Financial. Hi Vincent, it's great to see you.

Anybody that's good to meet you.

We're going to be taking questions of course, so if you have any go ahead and drop them

in the chats and we'll get to as many as we can.

So Vincent, we had some inflation data, the PC index, which we know the Fedwatches came

in a little bit above expectations, consumer confidence was pretty much in line, but steady.

Are these readings that are consistent with an economy that's headed toward recession?

Well, not by my book, you know, the way I understand it, we still have about, you know,

five percent inflation and you know, two percent GDP growth.

So that's some some downhill growth. I mean, we have killed for these numbers and years

ago. So yeah, I look at the WRP on the room bird, you know, the Fedwatch future pricing

and you see all the rate gets being priced, starting in July, yeah, something better

that happens soon because otherwise it's going to be more of its cases and there's been

a lot of that where the dovish people will always be next quarter and they're going to keep

pushing it back.

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