Rob Armstrong

economy was downright hot and it's cooling, but it looks good and stable.

So you have...

U.S.

corporations expanding earnings and revenue and you have a good and stable U.S.

economy.

Everybody wishes the job market was more dynamic.

In other words, more people were switching jobs, more people were quitting jobs, etc.

But.

Everybody who wants a job basically has one.

They may not love that job, but they've got one.

And so, you know, and the rest of the market responds to that.

Industrial stocks doing well, financial stocks are doing well, et cetera, et cetera.

I have the following policy proposal for the Fed that at any chair's last meeting, they should play kind of sappy end of the movie love and reconciliation music in the background.

Beautiful.

Do you know what I mean?

So it's like the it's all okay after all montage at the end of the movie.

I think that's really going to change the mood.

Yeah.

This is one of those rare meetings, on a more serious note, where we know what the first question for Chair Powell is going to be.

Are you going to leave the Fed altogether when your term is up?