Scott Besant

Again, I would say this is the same kind of hysteria that we heard on April 2nd.

There was a panic.

And what I am urging everyone here to do is sit back, take a deep breath and let things play out.

As I said on April 2nd, the worst thing countries can do is escalate against the United States.

Steve, good to be with you.

And, you know, I can tell you here in Davos, remember their paper a few years ago that we should all be eating insects.

And given the food here, I think I'd rather eat insects.

So, but to be serious, the president's got plenty to swagger about.

It's been an incredible year.

Peace deals, tax deals, trade deals, the Atlanta Fed GDP numbers, 5.3% forward inflation.

Looks like it could be at the Fed's target by the end of the summer.

And we've got the hottest...

economy on Earth.

Now, the Europeans are very good at value signaling.

And if you remember, probably their most strident moment, their most strident moment against Russia, Ukraine, was when they put the Ukraine, shown the Ukraine flag up on the side of the EU Parliament building.

I am sure that Vladimir Putin was quaking in his boots.

So, look, the Europeans, they like to talk in these big terms, and they're our allies.

They want to be under the U.S.

umbrella, and they will be.

Well, Steve, a couple of things.