In 1987, I was out of college, but one of my favorite bands of all time, and Danny, this

will resonate with you.

It would be a band that came out of the great state of Georgia, Athens, Georgia, by the way,

that would, of course, be R-E-M.

And in 1987, Danny, they released Document.

And on that album were a number of different songs, the one I love, beautiful song,

by the way, but one of the songs was, it's the end of the world as we know it, and I feel fine.

And I got to tell you, folks, we'll put this up on the Risk Reversal website.

You look at the lyrics of that song, and it's almost like those MFers had crystal balls or something because

everything in that song is lining up with what's going on right now. The world is screwed

without question. But in terms of the market, Danny Moses, everything's beautiful. I feel

fine. What could possibly go wrong here? Yeah, nice bounce off the lows. S&P up 8% off the lows. Nasdaq, I think,

as we speak right now, up 12% off the lows. Just a deep breath. Certainly, it's rallied more than

I would have thought for sure. Like we talked about before, it's not keeping up with inflation,

the markets. Maybe it's starting to catch up to inflation. This is why we keep saying cash is not a great place to

be. But a little shocked at where this thing has gone. Maybe people were caught a little bit off sides.

I do think there's some other stuff going on here with quarter end books. I think there's a lot

of redemptions happening in hedge funds that they have to raise cash. I think that sometimes can mean

short covering as much as it does long selling from time to time.

So I think as books come down, we're seeing a little bit.

We're going to talk about some of this meme stock revenge that we're seeing that may look like that.

But things aren't getting better in my opinion.

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