All right, Kelly, thanks so much. Welcome to closing bell. I'm Scott Wobner live from postnight here at the New York Stock Exchange. This maker breakout begins with record highs for stocks. But the Dow and the S&P hitting those new milestones earlier today. Let's take a look at the scorecard here with 60 minutes to go. In regulation, we are green across the board. The Russell is actually the outperformer today. It's been up nearly 2% sitting right about there right now.

Most sectors today, too, are green with the exception of tech and energy.

Utilities have been fluctuating a bit.

We'll watch all of that.

Markets are clearly liking the expected nomination of hedge fund veteran Scott Besson as Treasury Secretary.

Yields lower. Oil lower. You can take a look at the yield complex as Treasury Secretary yields lower, oil lower.

You can take a look at the yield complex there. We'll show you oil too, which is down. WTI is by

some 3%. Let's take us to our talk of the tape. How long can this rally last? As investors game out,

what this new Trump administration will mean for the markets. Well, let's bring in our experts,

Chris Toomey, top 10 private wealth manager with Morgan Stanley and Cameron Dawson, Chief Investment Officer of New Edge wealth, both here at Post Nice. Nice to see you both. Thank you. Cameron, you get the ball first here. So as we look towards, you know, 2025, okay, now we know who the Treasury Secretary is going to be. We think we know what the kind of

policies are going to be and what he's going to champion along with the president. What's

going to mean for the market? It's a question of what that translates to for earnings, meaning

are these policies actually going to change the earnings tide where we see a lift to earnings

estimates going into 25? If we don't, meaning that these policies may take more time

to play through into the market actually get enacted, then it's a question of how do we

tolerate high valuation, stretch positioning, stretch sentiment going into 2025. So I think it's

definitely a question mark of how much impact he can have in the short run as we round the year.

Yeah. How are you thinking about this as you advise your clients on what this new year is going

to bring? I mean, I think the base case is pretty in line with the rest of the street right now,

expecting probably above average growth with regards to earnings. The economy continue to do well.

We're expecting about 75 basis points worth of cuts in 2025.

So it's probably a pretty normal environment from a return standpoint, investment grade,

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