RUSH TRANSCRIPT Let s ░░░░░░░░ in bugatti chief investment ░░░░░░░░ at the wealth managers ░░░░░░░░ w b c here ░░░░░░░░ New York good see ░░░░░░░░ I want to start ░░░░░░░░ the big beautiful bill ░░░░░░░░ was recently passed in ░░░░░░░░ house Ilan said he ░░░░░░░░ disappointed He said it ░░░░░░░░ the work of doze ░░░░░░░░ do investors where the ░░░░░░░░ stand on that because ░░░░░░░░ see sort of the ░░░░░░░░ and the bond market ░░░░░░░░ been such an area ░░░░░░░░ concern Recently The of ░░░░░░░░ really kind of people ░░░░░░░░ cues from everything that ░░░░░░░░ happening throughout the big ░░░░░░░░ girl the Trump term ░░░░░░░░ as well So as ░░░░░░░░ do get positive news ░░░░░░░░ developments coming out the ░░░░░░░░ market reacts accordingly in ░░░░░░░░ there s concerns about ░░░░░░░░ things would negatively impact ░░░░░░░░ economy the larkins but ░░░░░░░░ so really think a ░░░░░░░░ of evidence flow In ░░░░░░░░ moment as you indicated ░░░░░░░░ forward progress in some ░░░░░░░░ good news with regard ░░░░░░░░ at least having resolution ░░░░░░░░ positive in the art ░░░░░░░░ reacted accordingly So there ░░░░░░░░ relief at the moment ░░░░░░░░ to some sort of ░░░░░░░░ results we just had ░░░░░░░░ macy s among those ░░░░░░░░ that it had to ░░░░░░░░ it s outlook because ░░░░░░░░ terrorists may have to ░░░░░░░░ some prices you re ░░░░░░░░ to see some real ░░░░░░░░ effects of of the ░░░░░░░░ How concerned are companies ░░░░░░░░ that and the impact ░░░░░░░░ the real world I ░░░░░░░░ there s legitimate concerns ░░░░░░░░ their I have sought ░░░░░░░░ order and I m ░░░░░░░░ from a lot of ░░░░░░░░ use that there are ░░░░░░░░ with regard to how ░░░░░░░░ they going to vanish ░░░░░░░░ this process and whether ░░░░░░░░ not they re going ░░░░░░░░ be able to pass ░░░░░░░░ negative impacts of prices ░░░░░░░░ to the consumer and ░░░░░░░░ we ve seen you ░░░░░░░░ t consume was reacting ░░░░░░░░ various ways We ve ░░░░░░░░ heard from The likes ░░░░░░░░ warmer but the largest ░░░░░░░░ me You are suggesting ░░░░░░░░ they might be reaching ░░░░░░░░ tipping point where they ░░░░░░░░ to make a decision ░░░░░░░░ passing on along to ░░░░░░░░ out to customers as ░░░░░░░░ and that s a ░░░░░░░░ that I have So ░░░░░░░░ those concerns we got ░░░░░░░░ Fed minutes this afternoon ░░░░░░░░ like decent that will ░░░░░░░░ in the future path ░░░░░░░░ interest rates I think ░░░░░░░░ he s been very ░░░░░░░░ looking at with regard ░░░░░░░░ their approach They been ░░░░░░░░ on their front foot ░░░░░░░░ been telegraphing what their ░░░░░░░░ are thus far but ░░░░░░░░ and see approach very ░░░░░░░░ attitude not wanting to ░░░░░░░░ a decision preemptively and ░░░░░░░░ impact the economy is ░░░░░░░░ suspend their mom for ░░░░░░░░ I expect that to ░░░░░░░░ So I don t ░░░░░░░░ these ministership any new ░░░░░░░░ other than what we ░░░░░░░░ been hearing of away ░░░░░░░░ the speakers as say ░░░░░░░░ put on the television ░░░░░░░░ what touch your pals ░░░░░░░░ it s last meeting ░░░░░░░░ is the be approached ░░░░░░░░ need to see more ░░░░░░░░ and more data and ░░░░░░░░ accordingly Patients patients patients ░░░░░░░░ regarding chief investment officer ░░░░░░░░ the wealth managers fw ░░░░░░░░ thanks for joining us ░░░░░░░░ Thank you very much.