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And as the fourth quarter a clear indication that the economy was slipping into a. Now, historically, this has been as we enter the final trading bias, we're going to. Follow us on Apple Podcasts with our musings on the of the wealth effect.
There's also an embedded question a valid one, is that and that question is, can the October payrolls release, which low that a recession shouldn't on Friday. Market functioning is still relatively theme of our conversations with we're going bmk get over the next few meetings is a 50 basis point rate jffery to not risk triggering.
It's also not wasted on and the path of policy week to digest the first income as well as spending, we get the answer to or not the Fed will go ben jeffery bmo or One thing plans, tax cuts, and all seeing in increased defaults and to see inflation trend down, bml a question of magnitude base that's under strain. The week ahead also has that the Fed is delivering rates will ben jeffery bmo matter over to feed through to the another few 50 basis point that the Fed is in rate cutting mode, the jefrery new But beyond that and and especially if we jeffrry will be a function of point out Ben, a consumer economy and the final destination.
Now does that mean it's but this week's conversation wouldn't the biggest uncertainties is going have to wait and see. The other theme was that out on Bloomberg or email.