mike >> all right, steve, stay with us let's also bring in kathy bos bostjancic so welcome to you bothenario is one we should see right here. are we seeing a reacceleration in the economy at the moment, or is it potentially just a little bit of a head fake, an interlude? >> well, good morning. mike happy to be with you so i think we are seeing some signs of a no landing and agree with steve that this presents risks. yes, we should celebrate the resiliency of the u.s. economy, and, you know, as jason furman said, if inflation continues to disinflate, even though we're running well above our underlying potential, that's terrific, and we need to re-examine our models. but on the other hand, there's this risk. and inflation, especially core inflation, is still running quite hot. and the fact that we've accelerated growth, we went from 2% to 2.4 in the second quarter, and now we're on path for at least 3%, i do think that raises the risk that the fed has to do more, tighten more, and that's starting to be priced into the bond market. you see that with the curve, kind of long-term rates part