Hi everyone, I'm Rao, the CEO and co-founder of Real Vision.

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Thank you so much.

Thank you so much. Welcome back to Real Vision. I'm Ash Pennington. Today, I have the pleasure of speaking

to our old friend, Jim Bianco, president of Bianco Research. Jim, always a pleasure when you join us.

Thank you, Ash. I'm looking forward to it. I even put my Tradfai uniform on for you.

You are a full-on Tratify here. Yeah, exactly.

Listen, I should say before we get started, just a quick reminder,

tickets for our upcoming in-person crypto gathering in Miami are now up for sale.

Head over to realvision.com forward slash CG 2025.

That's realvision.com forward slash CG 2025 to get yours.

Jim, with that said, it's such a pleasure to have you with us.

So much happening right now in markets here as we roll up to the end of the year.

It's great to have you to do your big year-end wrap, New Year preview, 50,000 foot.

Where do you see us right now?

The U.S. economy stands alone in that it is much stronger than what we're seeing in the rest of the world.

As a matter of fact, I like to joke that whenever you see people online media or social media, you know, glooming and dooming about terrible things that are going to happen, they're largely right about everywhere but the U.S.

German economy might be in a recession. The Chinese economy is growing at its maybe its worst

level in 40 years. Japanese economy's got about zero growth. The emerging markets are struggling,

...