And then.

The So I've been doing a little homework for me. I'm a dad a person and I like to see what's feeding the market.

So one of the things what's feeding the market.

So one of the things that's feeding the market

is a soft landing, which means lower inflation.

Another thing is job growth,

and the next thing is interest rates are stabilizing.

We'll talk about that. Another thing is interest rates are stabilizing. We'll talk about that.

Another thing is earnings are stabilizing

and PE ratios are expanding.

What does that mean when PE ratios are expanding?

They mean they are growing.

Multiples are growing. If multiples are growing, if companies are earning more, then that gives

the market and the people who love the market, more confidence.

When the market has more confidence, they put more money into the market.

If they put more money into the market, what does the market do?

Let's go a little further.

All right?

And so what will keep the market running? More data that support a soft land

and which means interest rates. I want you to pay attention to interest rates.

Earnings are getting better and rates remain stable. Now I'm gonna tell you

something even though August and September

...