And have we reached peak pessimism on china . Thats the question Ruchir Sharma is asking as wall street does cut its growth estimates for the country this year. Topping the tape for us today, the august cpi print, and what it means for Interest Rates. Our next guest worked for the fed for 24 years, thinks well see a pause at the Central Banks september meeting, thats next week. But he says its a coin toss as to whether were completely done with rate hikes. Joining us now is macro strategist, vincent reinhardt. Good to see you. Not so much for the market, 50 50 on november and december, ahead of the Inflation Report, out of the Inflation Report. I feel like if youre a hawk, this number sort of backs up your case, because it shows that we are susceptible to hotter than expected and stickier inflation, but if youre a dove, it backs up your case, because the trends continue to point to disinflation. So what do you do with it . Thats the great thing about an economic report that runs 43 pag