Peter Tuchman

Right.

Right.

Extraordinary. So the revolution that Dan has been talking about for months now is actually happening. We are in the midst of it. We started eight months ago in the second inning of this game. Now we're probably in the third inning.

Extraordinary. So the revolution that Dan has been talking about for months now is actually happening. We are in the midst of it. We started eight months ago in the second inning of this game. Now we're probably in the third inning.

Extraordinary. So the revolution that Dan has been talking about for months now is actually happening. We are in the midst of it. We started eight months ago in the second inning of this game. Now we're probably in the third inning.

It's so extraordinary. So think about it. When Dan and I were talking a couple of weeks before the election, we were talking about what is the market? Look, that was everybody's question. How is the market going to respond to a Kamala presidency or a Trump presidency? And obviously, look, I believe that this administration, whether Kamala had anything to do with it or not,

It's so extraordinary. So think about it. When Dan and I were talking a couple of weeks before the election, we were talking about what is the market? Look, that was everybody's question. How is the market going to respond to a Kamala presidency or a Trump presidency? And obviously, look, I believe that this administration, whether Kamala had anything to do with it or not,

It's so extraordinary. So think about it. When Dan and I were talking a couple of weeks before the election, we were talking about what is the market? Look, that was everybody's question. How is the market going to respond to a Kamala presidency or a Trump presidency? And obviously, look, I believe that this administration, whether Kamala had anything to do with it or not,

has to take full credit for where the market is today, right? Mr. Trump cannot take any credit for where we are today, trading at record highs across every indice, some of the best four years, right? We know it. COVID, up 20%. 21, up 28%. 22, down double digits. We know that. It was a function of inflation and the interest rate story. 23 and 24, now up 27%.

has to take full credit for where the market is today, right? Mr. Trump cannot take any credit for where we are today, trading at record highs across every indice, some of the best four years, right? We know it. COVID, up 20%. 21, up 28%. 22, down double digits. We know that. It was a function of inflation and the interest rate story. 23 and 24, now up 27%.

has to take full credit for where the market is today, right? Mr. Trump cannot take any credit for where we are today, trading at record highs across every indice, some of the best four years, right? We know it. COVID, up 20%. 21, up 28%. 22, down double digits. We know that. It was a function of inflation and the interest rate story. 23 and 24, now up 27%.

So this administration has obviously is responsible for that incredible market across absolutely every indices. But we were talking about what does it look like on either side, depending on who wins this election? Your question was that, you know, look, a continuation of the past four years. If that goes forward, if Kamala becomes president, then that's not a bad thing.

So this administration has obviously is responsible for that incredible market across absolutely every indices. But we were talking about what does it look like on either side, depending on who wins this election? Your question was that, you know, look, a continuation of the past four years. If that goes forward, if Kamala becomes president, then that's not a bad thing.

So this administration has obviously is responsible for that incredible market across absolutely every indices. But we were talking about what does it look like on either side, depending on who wins this election? Your question was that, you know, look, a continuation of the past four years. If that goes forward, if Kamala becomes president, then that's not a bad thing.

Our fear was with Trump coming in was obviously tariffs in China. Right. And you said to me initially, we both agreed that that was the wild card that could cause a problem.

Our fear was with Trump coming in was obviously tariffs in China. Right. And you said to me initially, we both agreed that that was the wild card that could cause a problem.

Our fear was with Trump coming in was obviously tariffs in China. Right. And you said to me initially, we both agreed that that was the wild card that could cause a problem.

That was probably the biggest limiting factor to maybe tackle the commonwealth. So just to break that down to somebody who doesn't know really what Dan is talking about, a couple of things. FTC, the people who are the regulators out here, are ousted by Mr. Trump, and you're going to have people more friendly to M&A, so we are going to see a lot more mergers and acquisitions.

That was probably the biggest limiting factor to maybe tackle the commonwealth. So just to break that down to somebody who doesn't know really what Dan is talking about, a couple of things. FTC, the people who are the regulators out here, are ousted by Mr. Trump, and you're going to have people more friendly to M&A, so we are going to see a lot more mergers and acquisitions.

That was probably the biggest limiting factor to maybe tackle the commonwealth. So just to break that down to somebody who doesn't know really what Dan is talking about, a couple of things. FTC, the people who are the regulators out here, are ousted by Mr. Trump, and you're going to have people more friendly to M&A, so we are going to see a lot more mergers and acquisitions.