RenMac Off-Script: Entrenched Disinflation

RenMac discusses how the latest jobs print shows a stabilizing workforce, why the disinflation process is more entrenched now, the contraction in 2-year yields and BBB spreads, how the latest Republican presidential debate did little to change the race, the link between aid to Ukraine’s border and the southern border, and why ’95 might be the best comparable for the Fed.