Jonathan Ferro

And is it going to stop this Federal Reserve from cutting interest rates?

And David, we asked Governor Waller this question when he was on the program last week.

We asked whether he was getting lulled into kind of interest rates and potentially juicing financial markets.

David, do you think there's a problem with their interpretation of the dual mandate or just the dual mandate?

David, this was thoughtful.

We appreciate your time.

David Kelly there of J.P.

Morgan Asset Management.

I'm Carol Masser.

Let's turn back to earnings.

Shares of General Motors jumping after the company beat earnings and raised guidance.

The GM, CFO Paul Jacobson joins us now for more.

Paul, the stock is up by more than 9%.

We'll spend some time talking about the numbers, but I just wanted to take a step back with you just for a brief moment.

You've got real experience.

navigating volatile industries, experience in the airline business and experience in the automaker business too.

You took over as CFO in the pandemic.

Can you talk to us about this year, Paul, just how agile have you and the team needed to be and how volatile have things been too?

Paul, in order to increase resilience and maybe agility, do you have to sacrifice long-term planning?

Is that something that becomes harder?