RenMac discusses the bullish GDP data, receding recession risk, knowing what you don’t know, the low odds of pulling off two soft-landings, how relying on doubtful data and rigidity has led to capitulation, precision vs. accuracy, Mitch McConnell’s health, the increased impeachment inquiry odds following the Hunter Biden plea deal collapse, why extreme beta is more likely to be a liability than in asset, and keeping an eye on the yen.