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Single best idea, maybe in umpteen months. This was the hardest day to pick two moments to speak of.

It was absolutely an extraordinary show on economics, finance, investment,

on international relations. Thank you, Mick Mulroy of the Lobo Institute with his public service to the Marines and to the CIA for his perspective on all of our geopolitics

and our military people at risk every day worldwide. He was just

absolutely phenomenal. And the list goes on and on. I thought Jordan Rochester, representing

Mazuo, the great Japanese bank, was just spellbinding on how things have changed. Finally,

there's a legitimate inflation, an animal spirit within Japan. That's a stunning comment, literally going back 30 years.

Michael Darda joined us with Roth Capital Manager. We talked to Michael Darta just simply about the path forward.

Over any extended period of time, corporations will adjust.

I think they can be flexible.

But the question is, what does that mean for the business cycle in risk markets?

Because if the adjustment is that we see a pickup and layoffs, which seem to be happening,

...