RUSH TRANSCRIPT That s ░░░░░░░░ in progress Maria welcome ░░░░░░░░ take a look and ░░░░░░░░ were expecting the lower ░░░░░░░░ for the broader averages ░░░░░░░░ another surge yesterday the ░░░░░░░░ industrials down 86 NASDAQ ░░░░░░░░ but yesterday the NASDAQ ░░░░░░░░ a period of 47 ░░░░░░░░ and three quarters closing ░░░░░░░░ 20000 for the first ░░░░░░░░ ever after the November ░░░░░░░░ price index was in ░░░░░░░░ with estimates the dow ░░░░░░░░ lower but it was ░░░░░░░░ Tech once again which ░░░░░░░░ driving things this morning ░░░░░░░░ get the November producer ░░░░░░░░ index at 8 30 ░░░░░░░░ M eastern academy start ░░░░░░░░ another game to be ░░░░░░░░ to tens of 8 ░░░░░░░░ over month and 2 ░░░░░░░░ year over year joining ░░░░░░░░ organ Stanley private wealth ░░░░░░░░ good to see you ░░░░░░░░ you so much for ░░░░░░░░ here what and market ░░░░░░░░ NASDAQ better than 30 ░░░░░░░░ you think this goes ░░░░░░░░ in 2025 Thank you ░░░░░░░░ having me on we ░░░░░░░░ over the next four ░░░░░░░░ five years you will ░░░░░░░░ in the NASDAQ and ░░░░░░░░ type of investment in ░░░░░░░░ lot of growth and ░░░░░░░░ coming over the next ░░░░░░░░ to five years from ░░░░░░░░ long term viewpoint be ░░░░░░░░ the market Where you ░░░░░░░░ to allocate d uppercase ░░░░░░░░ stick with the companies ░░░░░░░░ have been driving the ░░░░░░░░ that is Big Tech ░░░░░░░░ we need to take ░░░░░░░░ pause and look for ░░░░░░░░ pullbacks from those type ░░░░░░░░ companies and other opportunities ░░░░░░░░ in some companies that ░░░░░░░░ benefit from the election ░░░░░░░░ new policies that come ░░░░░░░░ next year and where ░░░░░░░░ want to place her ░░░░░░░░ The institute for mergers ░░░░░░░░ and alliances is estimating ░░░░░░░░ announced m a transactions ░░░░░░░░ far this year I ░░░░░░░░ you re looking at ░░░░░░░░ and when you see ░░░░░░░░ deals happening it s ░░░░░░░░ indication of animal spirits ░░░░░░░░ and company not afraid ░░░░░░░░ put money to work ░░░░░░░░ terms of growth strategies ░░░░░░░░ that includes deals Were ░░░░░░░░ a deal flow in ░░░░░░░░ higher than we had ░░░░░░░░ past year 2023 was ░░░░░░░░ lowest in 30 years ░░░░░░░░ a activity Were looking ░░░░░░░░ a lot of activity ░░░░░░░░ had a soft landing ░░░░░░░░ the markets are doing ░░░░░░░░ well interest rates should ░░░░░░░░ down over time and ░░░░░░░░ cost a lot of ░░░░░░░░ power the pne companies ░░░░░░░░ there getting pressure to ░░░░░░░░ that money to work ░░░░░░░░ a lot of exciting ░░░░░░░░ in the market One ░░░░░░░░ that might be hot ░░░░░░░░ m a would be ░░░░░░░░ we ve seen quite ░░░░░░░░ increase by the kbw ░░░░░░░░ stock price index in ░░░░░░░░ of regional bank mergers ░░░░░░░░ looking at finance any ░░░░░░░░ in terms of where ░░░░░░░░ would expect the consolidation ░░░░░░░░ terms of sectors There ░░░░░░░░ a lot of sectors ░░░░░░░░ we can see that ░░░░░░░░ like finance and also ░░░░░░░░ opportunities in technology company ░░░░░░░░ opportunities There s a ░░░░░░░░ of opportunities it s ░░░░░░░░ quiet for a while ░░░░░░░░ tuned Issue has the ░░░░░░░░ kept saying no deals ░░░░░░░░ m so glad you ░░░░░░░░ that up Lina Khan ░░░░░░░░ again an action watching ░░░░░░░░ albertson s kroger steel ░░░░░░░░ apart now there is ░░░░░░░░ lawsuit my question as ░░░░░░░░ move into 2025 with ░░░░░░░░ change in Washington with ░░░░░░░░ the basket to be ░░░░░░░░ positive in your mind ░░░░░░░░ more dealmaking weathers m ░░░░░░░░ more ipos it seems ░░░░░░░░ there s a lot ░░░░░░░░ excitement around the change ░░░░░░░░ it comes to who ░░░░░░░░ in charge of the ░░░░░░░░ or the nae on ░░░░░░░░ deals I m one ░░░░░░░░ with you those huge ░░░░░░░░ because of the change ░░░░░░░░ policies in a administration ░░░░░░░░ what s to come ░░░░░░░░ positive for this part ░░░░░░░░ the market President Elect ░░░░░░░░ is expected to bring ░░░░░░░░ New York Stock Exchange ░░░░░░░░ the opening bell at ░░░░░░░░ exchange and scheduled visit ░░░░░░░░ with President Trump being ░░░░░░░░ time magazine person of ░░░░░░░░ year for the second ░░░░░░░░ it s going to ░░░░░░░░ a lot of excitement ░░░░░░░░ Trump ringing the bell ░░░░░░░░ reaction I think it ░░░░░░░░ great he s underlining ░░░░░░░░ emphasizing the importance of ░░░░░░░░ economy in the market ░░░░░░░░ the American people and ░░░░░░░░ showing of the New ░░░░░░░░ Stock Exchange and ringing ░░░░░░░░ bell it s given ░░░░░░░░ more emphasis and more ░░░░░░░░ It s a good ░░░░░░░░ That was the heyday ░░░░░░░░ the floor of the ░░░░░░░░ York Stock Exchange one ░░░░░░░░ the first times I ░░░░░░░░ President Trump was at ░░░░░░░░ New York Stock Exchange ░░░░░░░░ years ago he came ░░░░░░░░ the exchange with Melania ░░░░░░░░ I met him then ░░░░░░░░ the New York Stock ░░░░░░░░ obviously spent a lot ░░░░░░░░ time there and looking ░░░░░░░░ to seeing Trump at ░░░░░░░░ podium to ring the ░░░░░░░░ and kickoff trading at ░░░░░░░░ New York Stock Exchange ░░░░░░░░ again on the global ░░░░░░░░ for this president He ░░░░░░░░ reclaimed it I one ░░░░░░░░ question about the growth ░░░░░░░░ with investors obviously everyone ░░░░░░░░ expecting a dramatic pivot ░░░░░░░░ from the Biden regime ░░░░░░░░ blocking acquisitions spirit airlines ░░░░░░░░ chapter 11 after the ░░░░░░░░ deal One big star ░░░░░░░░ you expect Trump to ░░░░░░░░ the aggressive factor towards ░░░░░░░░ Tech as we see ░░░░░░░░ driving the market boom ░░░░░░░░ have to keep that ░░░░░░░░ consideration If you look ░░░░░░░░ it received the Big ░░░░░░░░ companies supporting efforts with ░░░░░░░░ administration Again a little ░░░░░░░░ of give and take ░░░░░░░░ it will be more ░░░░░░░░ in the long run ░░░░░░░░ to see you thank ░░░░░░░░ so much Great to ░░░░░░░░ here Merry Christmas kathy ░░░░░░░░ will see you soon.