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Single Best Idea, a more than a eventful Tuesday.

The Geopolitics folding over to Geoeconomics

folding over to, oh, it's the first day of the fourth quarter of this year, where did September go?

Where did Sell and May and go away go?

We did some equity coverage, but I have to admit

the focus is on news flow and focuses on a bigger broader picture.

We'll try to get a little more granular here as we go to the jobs report this Friday.

And of course labor is suddenly what the Fed is looking at

I guess they're looking at inflation we talked to Matt Lazzetti about the

movable feast Matt Lazzetti is the Deutsche Bank. Here he is on the Fed.

I think the first 75 to 100 basis points.

Like the 100 basis points is straightforward.

Our view is that the neutral reign in nominal terms is 3.5%.

So getting down close to 4%, I think

is a straightforward move from their perspective.

So another 25 each meeting?

...