Gary Cohn

People are repatriating currency back home.

They're selling dollars to buy local currency.

They're selling stock market.

They've got to repatriate currency.

So I think we're seeing a little bit of that.

I don't think that's what's driving the overall market right now.

It doesn't feel like we've got to liquidate America.

It feels like we've got to trim around the edges in asset allocation models going on.

And it's sell America until the light turns green and everyone has to buy America again.

Because in the real reality, if you look at the U.S.

economy, what's going on, we've got one of the strongest economies in the world today.

You know, we're growing at five plus percent growth.

You know, we've got a pretty good tailwind going on behind us.

I mean, right now, the only thing stopping is all this geopolitical risk.

If and when, and I say when, this geopolitical risk settles down, the market's probably going to take off again.

That's been the history of this pattern.

Yes.

You think geopolitics will settle down under a Trump administration?

Two weeks.

Yeah, we're going to settle down.