• As energy prices stay higher longer, investors will see a good place to deploy capital
  • Bad news is weighing on supply chains and inflation
  • The Fed will change its approach if data comes in differently
  • We have a strong job market
  • Maybe there's some evidence of inflation softening just a hair
  • There's a lot of room for home prices to slow down without falling
  • We could see some softer wage growth to try to get to a more-sustainable environment
  • By the measure of 30-year yields, we've removed accommodation faster than we added it in 2020
  • I still think there are workers are on the sidelines that will be pulled back in
  • He's quite concerned about what he's hearing about supply chains

We heard from Kashkari already on Friday.