Yeah.

But the, the reality is I think the Fed is probably going to be very important for two reasons.

One is that they're going to, to set monetary policy, I think, for lots of the world, and probably our view is that they will actually...

The market is saying they're probably gonna have to hike Our view is that in the fullness of time, they probably are going to ease.

They're probably gonna ease in the end of 2027.

And I think Kevin Warsh has been pretty clear at saying we live in a world where because of the technologies we were talking about, the medium term outlook is pretty low price increases, uh, and low inflation because of technology.

So that's his belief, and I think that, um, he doesn't make all the decisions, but I think his voice will say, "Let's go beyond what's happening in energy today.

So I wanna hear a little bit on the take on consumers.

Yeah.

But the, the reality is I think the Fed is probably going to be very important for two reasons.

One is that they're going to, to set monetary policy, I think, for lots of the world, and probably our view is that they will actually...

The market is saying they're probably gonna have to hike Our view is that in the fullness of time, they probably are going to ease.

They're probably gonna ease in the end of 2027.

And I think Kevin Warsh has been pretty clear at saying we live in a world where because of the technologies we were talking about, the medium term outlook is pretty low price increases, uh, and low inflation because of technology.

So that's his belief, and I think that, um, he doesn't make all the decisions, but I think his voice will say, "Let's go beyond what's happening in energy today.

So I wanna hear a little bit on the take on consumers.