Michael Nadeau

And then what does that mean?

It means you're probably going to get rates down.

Right.

Rates can come down a lot.

But but are they going to do yield curve control?

Are they going to do the other things, the bailouts, all the things that we've been seeing over the last 20 years?

Since 2008, are we go is that done?

And are we in a new regime?

And it's going to be there's going to be creative destruction and things like that that we haven't seen.

So that's what I'm trying trying to process here.

We've got a chart up right now just looking at this is a consumer confidence chart that just shows the jobs hard to get, which is the blue line.

And the job's plentiful.

When the blue line is rising and the red line's coming down, when those two things meet, it's typically led to a gray bar there.

That's the recession.

So they look like they're about to meet, you know, we'll see.

But I'm looking at a lot of labor market data.

I'm looking at quits data.

I'm looking at the confidence data.

in the labor markets um and you know the the unemployment rate is still pretty low but kind of under the surface it looks like the labor market's pretty weak um this is a chart of data center construction just kind of an interesting chart just showing um you know the massive investment that's gone into this space and it's now rolling over um and so so where where's sort of the

the growth in the economy going to be?