Hello, Philip Rubble Capital.

Hope you're well.

So the stock market was down big yesterday.

This morning opens up and it crashes,

then it kind of recovers.

We have all this volatility.

And on Monday drone Powell came out and said

that he's probably not going to lower rates like the market expects.

So this begs the question,

did those comments from Jerome Powell

trigger what could be a big decline in the S&P 500, NASDAQ, the stock market in general.

So I thought this was an interesting question.

So I wanted to get into the details so we can think about the probabilities of what's going to happen with the S&P 500 will use as a proxy over the next few months. I mean this is a big topic that's on everyone's mind especially going into the

election and I don't want to let the cat of the bag but the election and going

into it plays a big role in my hypothesis.

Let's say, oh, they're manipulating the data.

That's a hint.

All right, let's get into the actual moves in the S&P 500.

So what I'm kind of going back and forth is like, okay,

is the decline that we saw in the stock market yesterday

was that a result of Drone Palace comments the day earlier or obviously is that

more a result of what's happening in the Middle East.

...