RUSH TRANSCRIPT Adviser at ░░░░░░░░ mere price financial joining ░░░░░░░░ from Miami Florida The ░░░░░░░░ an anti thanks so ░░░░░░░░ for joining us here ░░░░░░░░ years It is up ░░░░░░░░ and away here for ░░░░░░░░ assets Great question because ░░░░░░░░ know everybody wants to ░░░░░░░░ about how great the ░░░░░░░░ is and what I ░░░░░░░░ what we re really ░░░░░░░░ our clients is essentially ░░░░░░░░ be very very cautious ░░░░░░░░ people get to use ░░░░░░░░ this and they expected ░░░░░░░░ just continue forever and ░░░░░░░░ markets Don t last ░░░░░░░░ neither to Denmark you ░░░░░░░░ and I think this ░░░░░░░░ the opportunity for us ░░░░░░░░ sit down with our ░░░░░░░░ and talk about well ░░░░░░░░ are your shorter term ░░░░░░░░ needs because there s ░░░░░░░░ better time to just ░░░░░░░░ some money off the ░░░░░░░░ and or it it ░░░░░░░░ those immediate cash needs ░░░░░░░░ in the one to ░░░░░░░░ next one Two three ░░░░░░░░ this is this at ░░░░░░░░ time to do it ░░░░░░░░ I believe also that ░░░░░░░░ s probably what we ░░░░░░░░ seeing I mean we ░░░░░░░░ a couple of days ░░░░░░░░ downturns in the last ░░░░░░░░ in in need of ░░░░░░░░ now that s happening ░░░░░░░░ I think a good ░░░░░░░░ of that could very ░░░░░░░░ be some profit taking ░░░░░░░░ Absolutely a we just ░░░░░░░░ lot of folks again ░░░░░░░░ what we ve seen ░░░░░░░░ and one of the ░░░░░░░░ is for by large ░░░░░░░░ is a market really ░░░░░░░░ 20 twenty three continuing ░░░░░░░░ to some degree this ░░░░░░░░ as really been led ░░░░░░░░ this Big Tech names ░░░░░░░░ other some laggards like ░░░░░░░░ like Tesla but the ░░░░░░░░ Tech names of still ░░░░░░░░ kind of leading The ░░░░░░░░ that still going to ░░░░░░░░ the case is that ░░░░░░░░ re beat do think ░░░░░░░░ is still the leader ░░░░░░░░ this market More recently ░░░░░░░░ s been nice to ░░░░░░░░ a broadening of the ░░░░░░░░ or little bit we ░░░░░░░░ seen Financials do really ░░░░░░░░ health care continues to ░░░░░░░░ well Energy obviously is ░░░░░░░░ catching up a bit ░░░░░░░░ mostly because of the ░░░░░░░░ environment that we re ░░░░░░░░ and we re seeing ░░░░░░░░ little bit about that ░░░░░░░░ the market which helps ░░░░░░░░ in that sentiment Little ░░░░░░░░ didn t ever want ░░░░░░░░ one sector to dominate ░░░░░░░░ make or break the ░░░░░░░░ that longer term Certainly ░░░░░░░░ is is the next ░░░░░░░░ or the I really ░░░░░░░░ the next boom in ░░░░░░░░ if you re in ░░░░░░░░ for the longer term ░░░░░░░░ seven to 10 years ░░░░░░░░ longer In a shorter ░░░░░░░░ Do you feel confident ░░░░░░░░ that broadening out will ░░░░░░░░ throughout this earnings season ░░░░░░░░ few variables that may ░░░░░░░░ may not affect that ░░░░░░░░ that s it persistent ░░░░░░░░ and getting to two ░░░░░░░░ I think is going ░░░░░░░░ be a lot tougher ░░░░░░░░ everyone thinks because the ░░░░░░░░ or the progress that ░░░░░░░░ ve made in the ░░░░░░░░ couple of years has ░░░░░░░░ pretty much on track ░░░░░░░░ it s always that ░░░░░░░░ that takes a little ░░░░░░░░ and with a significant ░░░░░░░░ effort I know everybody ░░░░░░░░ been very bullish about ░░░░░░░░ cuts happening You know ░░░░░░░░ month or we don ░░░░░░░░ believe that that s ░░░░░░░░ to happen anytime soon ░░░░░░░░ if it does it ░░░░░░░░ t be until the ░░░░░░░░ part of the year ░░░░░░░░ mean we re seeing ░░░░░░░░ rates actually going up ░░░░░░░░ this time and three ░░░░░░░░ Libya s is is ░░░░░░░░ in you know in ░░░░░░░░ is that although inflation ░░░░░░░░ no longer increasing or ░░░░░░░░ up as much this ░░░░░░░░ the new normal prices ░░░░░░░░ a way they are ░░░░░░░░ They are not going ░░░░░░░░ and there s a ░░░░░░░░ bit of an adjustment ░░░░░░░░ that yeah hey Nancy ░░░░░░░░ In the field of ░░░░░░░░ things energy What you ░░░░░░░░ about that sector right ░░░░░░░░ with brent crude It ░░░░░░░░ close to 90 dollars ░░░░░░░░ barrel Are as an ░░░░░░░░ during a time of ░░░░░░░░ risk which we certainly ░░░░░░░░ right now So since ░░░░░░░░ when the Israel the ░░░░░░░░ East war started then ░░░░░░░░ begin to buy some ░░░░░░░░ the or atx made ░░░░░░░░ and that s that ░░░░░░░░ when we saw a ░░░░░░░░ uptake but then it ░░░░░░░░ kind of came down ░░░░░░░░ it s really only ░░░░░░░░ going up again So ░░░░░░░░ it oil prices are ░░░░░░░░ something to watch during ░░░░░░░░ time when there s ░░░░░░░░ lot of to political ░░░░░░░░ and up we have ░░░░░░░░ war in Europe and ░░░░░░░░ some going on in ░░░░░░░░ Asia I mean it ░░░░░░░░ it s on every ░░░░░░░░ so males are based ░░░░░░░░ that a map I ░░░░░░░░ the oil trade is ░░░░░░░░ for that Do you ░░░░░░░░ the gold is moving ░░░░░░░░ the same line On ░░░░░░░░ s own because no ░░░░░░░░ currently gets what s ░░░░░░░░ on There But it ░░░░░░░░ t appear that they ░░░░░░░░ moving in together I ░░░░░░░░ they re probably kind ░░░░░░░░ on it s called ░░░░░░░░ probably on it s ░░░░░░░░ of it Right idea ░░░░░░░░ that what s happening ░░░░░░░░ came going to play ░░░░░░░░ but we re gonna ░░░░░░░░ save haven is gold ░░░░░░░░ is it something yeah ░░░░░░░░ other central banks wish ░░░░░░░░ was at a guess ░░░░░░░░ morning Keene and I ░░░░░░░░ we talk about the ░░░░░░░░ banks around the road ░░░░░░░░ of concerted buying very ░░░░░░░░ China Of what are ░░░░░░░░ looking for an earnings ░░░░░░░░ it s earnings kicking ░░░░░░░░ in earnest this week ░░░░░░░░ Same on it wouldn ░░░░░░░░ be unusual to see ░░░░░░░░ little bit of some ░░░░░░░░ back or out and ░░░░░░░░ not maybe not as ░░░░░░░░ but you know it ░░░░░░░░ interesting that it s ░░░░░░░░ about expectations If we ░░░░░░░░ earnings to be really ░░░░░░░░ and they come up ░░░░░░░░ and market reacts violent ░░░░░░░░ and if the market ░░░░░░░░ I m sorry if ░░░░░░░░ earnings are expected to ░░░░░░░░ week and they come ░░░░░░░░ really strong the market ░░░░░░░░ Pitino reacts violently also ░░░░░░░░ it really up to ░░░░░░░░ with expectations not so ░░░░░░░░ about the real numbers ░░░░░░░░ you know when we ░░░░░░░░ together a portfolio make ░░░░░░░░ for clients It s ░░░░░░░░ about the mass not ░░░░░░░░ sentiment but you got ░░░░░░░░ go back to the ░░░░░░░░ because the matter always ░░░░░░░░ in the end the ░░░░░░░░ Thank you so much ░░░░░░░░ joining us on Nancy ░░░░░░░░ president Should private wealth ░░░░░░░░ at a mirror financial,