Jamie Dimon

And they could, just because of sentiment.

And so, yeah, I think there's a little more exuberance than I think there should be.

But we've had years of it.

The one big beautiful bill adds to growth this year.

Bank deregulation, other deregulation adds to growth.

animal spirits.

So we'll see.

But you pointed out, I think the skunk would be inflation.

So we've got to keep our eye on that one closely.

I think the way I look at it, it creates more risk, it creates more chance of a positive outcome.

So all those nations have been modernizing, educating their people, adopting more and more Western methods, wanting to open up their markets, bring in foreign direct investment, invest overseas.

That won't change.

In fact, and Tom Friedman wrote about this in his paper today, that this creates a bigger opportunity for long and just peace in the Middle East.

And writ large, not just Iran and this war, but Saudi Arabia, UAE, some path to statehood for the Palestinians in Gaza and Palestinians, that's going to be up to them.

There are reasons to be optimistic.

This opens the door for that.

And there are a lot of naysayers.

I understand that.

If things go south, they're going to say, I told you so.

But this does open up the door for that.