Welcome to closing bell. I'm Scott Wobner live from Post-9 here at the New York Stock Exchange.

This make-a-break hour begins with the markets post-fed and what to do now in the weeks ahead,

knowing that more rate cuts aren't coming quite yet, but tariffs likely are.

Here's the scorecard with 60 minutes to go in regulation today. No real follow-through in stocks,

as you see, as the majors are mostly muted. Invidia and meta are a couple of the standouts.

So we'll keep an eye on those. And of course, the markets as a whole, interest rates, they are falling.

Again, just as they did post-Powl. And on that note, here to discuss all of it in a CNBC exclusive interview,

his double-line capital CEO, CIO, and and founder Jeffrey Gunlock. Jeffrey, welcome back.

It is great to have you as, well, can you hear me?

Jeffrey, can you hear me?

All right, we'll work on that in a minute.

Luckily, I have Gabriella Santos here of J.P. Morgan Asset Management as well.

All right.

Now I'm going to break away once Jeffrey is a ready to rock a roll here. We get the audio figured out. What do you think? The market was positive

right after Powell, obviously. Why? I think it was honestly just a relief that it really doesn't

seem like Powell and honestly

a lot of members of the Fed are really that worried about needing to react to higher inflation.

I think it was interesting to see that there were upward revisions to inflation only for

this year, but not next year the year after.

So the Fed's on hold, but if anything, the next move is a cut.

And the market really likes that asymmetric risk towards much more doveishness.

So it doesn't matter that they took their growth outlook down. The thought now is that,

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