This is going to be a stretch, but its worth it. We have had rough seas the last two years and looking for sunlight and calm.

Inflation continues to normalize as Fed Governor Christopher Waller stated yesterday’s confidence the 2% inflation rate is on the horizon.

The challenge is determining whether this is the right time to anchor our boat. The water seems much calmer, but do we have enough chain? The chain is what ultimately holds the boat in place. Every 10 feet of depth requires 70 feet of chain.

In our scenario Chain represents the Inflation numbers, Unemployment rate and the continued data confirming we are actually in calm water and can stay in place.

The Feds believe we need more Chain (data). I can’t disagree with them but I think we are all ready to Anchor the boat.