It's Tuesday, October 23rd. Welcome to Market Flory. I'm Chris Hill. As you can probably tell from the ambient noise,

we're not in the studio. We're in Denver, Colorado, and we're here for our member event and fortunately I'm not alone.

Producer Dan Boyd, not behind the glass, just sitting right next to me and I'm here with

Aaron Bush and Matt Argusinger.

Thanks for being here guys. Hello. Hello. Hello. I'm here with Aaron Bush and Matt Argissinger.

Thanks for being here guys.

Hello.

Hello.

So a couple of things we're going to dip into the full mail bag.

Let's start with the market though because we get off the plane this morning. I don't know about your email. My email starts

blowing up with you know news flashes market tanking two doubt components 3M

and Caterpillar and Caterpillar is the one that's really

getting attention because that stock is down more than 7% because Caterpillar

came out and warned basically everyone hey the cost of what we make is going up because the cost of steel is

going up and this all plays into tariffs and Aaron I'll just start with you this

is I mean tariffs are an issue that I think increasingly investors, both at the Motley

Fool and around the world, are starting to grapple with.

How do you, how do you think about tariffs?

Because this is starting to affect a lot of different companies.

Yeah, I mean, tariffs are starting to be in the headlines more.

I think just, if you think about what type of companies that it tends to affect though it tends to be

the company selling big physical goods that pass their borders and I think a lot of focus gets put on those companies but most other companies are fine

...