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Welcome to the latest edition of Talking Data. Our Talking Data series seeks to offer timely insights into macro market themes along with macro data and its impact on the economy and markets.

I am your host Kristen Radosh of Arbor Research and Trading. Our commentator today is Jim Bianco of Bianco Research.

Today Jim will answer the question what\\u2019s missing from the Fed\\u2019s argument?
\\n\\u2022 Transitory Still Lives!
\\n\\u2022 No Agreement at the Fed
\\n\\u2022 Pivot talk will not stop
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\\nThank you for joining us today. We are client driven, if you have any questions or feedback on future topics, please let us know.
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\\nFor further information on Arbor Research, Bianco Research and Arbor Data Science, please contact Gus Handler at gus.handler@arborresearch.com.