Abby Joseph Cohen: Fed Has Option to 'Skip or Pause'

The transcript discusses the current economic status quo, highlighting disinflation trends and increased card spending reported by Wells Fargo. It explores the possibility of a new bull market despite slowing growth, emphasizing confidence in the Fed's careful data analysis. The speaker suggests that the Fed might pause or skip actions due to the uncertainty of monetary policy effects on the economy, noting the presence of an inverted yield curve. The overall sentiment is cautious optimism about managing inflation without triggering a recession.

What is the concept of 'Immaculate disinflation' as mentioned in the text?

How does the speaker perceive the relationship between growth and inflation?

What does the speaker suggest about the timing of monetary policy changes affecting the economy?

What is the speaker's opinion on the Federal Reserve's actions regarding monetary policy?

What is the significance of the inverted yield curve mentioned in the text?