heather boushey journey from the white house. coming up, we put the question of the day, hike or cut, to michael sonnenfeldt. that conversation, next. this is bloomberg. ♪ >> we beat across the board. job creation, wage growth, labor participation force, and also the unplanned rate. that is the good news. even when you adjust for revisions we still beat across the board on the other three things. it is good news for an economy that is trying to avoid recession, but it makes the fed's tri-lema even harder. alix: that was mohamed el-erian earlier on bloomberg. what is the fed's next move, hike or cut? michael sonnenfeldt is owner and founder of tiger 21 and joins us in studio. thank you for joining. mike: thank you for having me. alix: hike or cut? mike: i think it is split down the middle. they have a tug-of-war between the inflation hawks, job numbers were really strong, mixed signals, and then the problems with the regional banks. obviously, they were down to 25 points on the last round. it is even money. guy: that sounds like a