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Welcome to the Risk and Reversal podcast.

I'm Guy Adami.

As you can see, I'm joined by Elizabeth Thomas She of Sofi.

E.T.

How are you?

I am great. Happy Thanksgiving week to everybody. To you as well. You should be great. Your Packers continue to win, which is good. And I will tell you, not that you really want to go down this road, but the lions look very beatable. So the Packers might be the, you know, the top of the class in their division. Well, we play the Lions on Thanksgiving Day. I know this and that's coming up. Those short weeks are interesting. And I think that's the early, is that the early game. I hope it's not the early game because that's one I'd like to watch. I believe it is actually. I believe it's a one o'clock. I could be wrong about that.

Well, we will effort that and put it in the show notes, as Dan likes to say. But here we are.

Here we are on this. We're taping this on Monday afternoon. We have an S&P 500 that is rallied nearly 200 points from the lows that we saw last week. So I think we got down about 6,500-ish. Here we are at 6705.

I attribute that to a couple things. Maybe we were oversold, but probably more likely than a job numbers that probably gave the Fed, I would imagine, cover in terms of a December cut. You had some

commentary out of some Fed officials of a December cut. You had some commentary out of some

Fed officials about that December cut. And there was some chatter about the ability to,

invidia to sell chips in China, all those things, you throw them in the cauldron. And here we are

200 points higher. So I want to start this by saying it's, we're recording this the Monday of Thanksgiving week.

I recall a couple years in the last five or 10, probably the last five, where the day after

Thanksgiving, which is usually expected to be calm in the market because there's not a lot of

volume. It's after a holiday. Yada, yada, yada. The day after Thanksgiving was anything

...