E.J. Antoni

Not quite. It's that the insurance market actually takes a while to observe the real world market conditions and to see, all right, how much do we need to charge in premiums to cover our costs?

Not quite. It's that the insurance market actually takes a while to observe the real world market conditions and to see, all right, how much do we need to charge in premiums to cover our costs?

Not quite. It's that the insurance market actually takes a while to observe the real world market conditions and to see, all right, how much do we need to charge in premiums to cover our costs?

This is why the insurance market just, I mean, they got their clocks clean for a couple of years there because the premiums they were charging folks were way too low given the cost to repair a car or repair a home. Yes. And so now basically all their actuarial tables were completely out of date. Oh, I see. In literally just 12 or 18 months.

This is why the insurance market just, I mean, they got their clocks clean for a couple of years there because the premiums they were charging folks were way too low given the cost to repair a car or repair a home. Yes. And so now basically all their actuarial tables were completely out of date. Oh, I see. In literally just 12 or 18 months.

This is why the insurance market just, I mean, they got their clocks clean for a couple of years there because the premiums they were charging folks were way too low given the cost to repair a car or repair a home. Yes. And so now basically all their actuarial tables were completely out of date. Oh, I see. In literally just 12 or 18 months.

So now as they recalculate all those things, and this is why the insurance spike under Biden didn't really start happening until his last year or so, but it's unfortunately continuing today, and those prices are probably going to stay elevated for a while.

So now as they recalculate all those things, and this is why the insurance spike under Biden didn't really start happening until his last year or so, but it's unfortunately continuing today, and those prices are probably going to stay elevated for a while.

So now as they recalculate all those things, and this is why the insurance spike under Biden didn't really start happening until his last year or so, but it's unfortunately continuing today, and those prices are probably going to stay elevated for a while.

Sure. How do you see it? I think it's great news. We have about actually it's over four trillion dollars now of basically guaranteed investment. There's a lot more that has been pledged, they call it.

Sure. How do you see it? I think it's great news. We have about actually it's over four trillion dollars now of basically guaranteed investment. There's a lot more that has been pledged, they call it.

Sure. How do you see it? I think it's great news. We have about actually it's over four trillion dollars now of basically guaranteed investment. There's a lot more that has been pledged, they call it.

Right, right. Now, that's going to be over several years. It's not immediate. It's not all at once. But still, over four or five years, that's a phenomenal increase in investment. And it's going to allow us to do things like build that steel mill in Louisiana that the South Koreans are paying for. It's going to create revenue, obviously, for them.

Right, right. Now, that's going to be over several years. It's not immediate. It's not all at once. But still, over four or five years, that's a phenomenal increase in investment. And it's going to allow us to do things like build that steel mill in Louisiana that the South Koreans are paying for. It's going to create revenue, obviously, for them.

Right, right. Now, that's going to be over several years. It's not immediate. It's not all at once. But still, over four or five years, that's a phenomenal increase in investment. And it's going to allow us to do things like build that steel mill in Louisiana that the South Koreans are paying for. It's going to create revenue, obviously, for them.

But it's also going to create revenue for the American investors. And it creates American jobs. It allows us to build up our industrial base. That's phenomenal news.

But it's also going to create revenue for the American investors. And it creates American jobs. It allows us to build up our industrial base. That's phenomenal news.

But it's also going to create revenue for the American investors. And it creates American jobs. It allows us to build up our industrial base. That's phenomenal news.

Well, you get essentially this kind of economic snowball where you create jobs in the area. Those people now are going to spend their income in that area, you know, disproportionately. And so that will create other jobs because other businesses are going to see more revenue, more demand. And this just snowballs. Now those businesses are hiring more folks.

Well, you get essentially this kind of economic snowball where you create jobs in the area. Those people now are going to spend their income in that area, you know, disproportionately. And so that will create other jobs because other businesses are going to see more revenue, more demand. And this just snowballs. Now those businesses are hiring more folks.