Discipline Funds' Cullen Roche joins Oliver Renick to discuss the Fed's rate cut outlook for the second half of 2024, and why a cut needs to happen in July. Roche notes that the Fed has been tight for long enough and they’re close enough to target that they can comfortably start cutting out. He talks about how the election poses a real problem where the timing of cuts matters so that the Fed can avoid looking politically motivated.