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Schwab Market Update is an original podcast from Charles Schwab. Listen today at Schwab.com slash market update podcast or wherever you get your podcasts.

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Single best idea.

And thank you for listening.

What we're trying to do here is a short podcast to fold into your other longer listens,

including the big take and, you know,

many others that are out there, just quietly building here with two ideas each day from the

many conversations we have. Thank you to Henrietta Trays, who's really been with us, it seems

now every third day or so with Veda partners, explaining so nicely what's going on in Washington and particularly on Capitol Hill.

She's just been a real value ed.

We did three interviews today in a German election.

Paul and I tried to take it broader than just here are the results.

A particular thanks to Holger Schmeeting of Berenberg Bank who was really patient about explaining the results. A particular thanks to Holger Schmeeting, a Berenberg Bank, who was really patient

about explaining the path from Conrad Adonauer out to this immense turmoil in Germany and what it

means for America. So we thank him for that. Did a lot of equity today. Bob Dole showed up

with Crossmark. Some caution on the market.

He wants to participate. Rividing was Mike Wilson of Morgan Stanley. And of course, he was looking at

Washington distractions. But then the other things that have been, we've been focused on really in

no particular order. Terrace, as you already mentioned.

Number two, we have immigration enforcement, which has been a huge fiscal boost and also

a labor supply boost.

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