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Jeffrey, you senior email market strategist at BNY.

And really, Jeffrey, just honored to have the kernel on and then to have

you on synthesizing this. What are the correlations, Jeff, you in the market now? Is it

equities, bonds, currencies, and commodities for themselves, or are they linked?

Morning Tom. So overall, I think it's each asset class for itself. I'm looking at equity markets right now, some reaction in terms of the futures, but I don't think there's going to be too much in the grand scheme of things. Foreign exchange, much more interested in where dollar yen is going, and maybe there's going to be more of a knock-on effect on the treasury market. So we're in a

latency mode there. And of course, some US treasury markets focusing on the inflation aspects as

well. So individual drivers, you know, not one unique force at the space. But, you know,

...