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another reason to feel optimistic there. prices are rising more slowly than wages for the first time in this covid warned rped recovery. you can see the brighter mood in the stock market, all three major averages up big this year. look at the nasdaq, after a really rotten 2022. let s bring in sima shaw. so nice to see you. you told us that we should expect a mild recession maybe going into 2024. are you still holding to that or could a recession be avoided? there has undoubtedly been strong positive economic data in the last month or so from inflation, from the labor market, from the consumer. we re not moving away from the recession call, but we do still think that it will be extremely shallow. so we re still deal dealing with the after effects of fed ....