Is the pain trade now to the up or to the downside. I think the tendency is definitely up that the trend is up. I mean, the you know, if the ceasefire holds, it looks good now.That's a that's a tremendous plus for the markets. I think, you know, all time highs for the S&P are virtually a foregone conclusion now and and further highs after after that. I mean, Powell was flexible.Clearly, Congress wants interest rates to go down and a number of Fed officials do. That could be a positive. I think they should g ...

Paul, thanks so much for your time today. We've got a lot to unpack here, but I want to start with this idea of the cease fire. President Trump hailing a cease fire saying the 12 day war, as he's calling it, is over.But obviously Iran's foreign minister countering that. When can we have confidence that a cease fire has been achieved. What what would you want to hear.Well, we can have confidence when we get official announcements from both the government of Iran and the government of Israel. Foreign Minister ...