was at Merrill combined almost 10 years as well, the first three years in Toronto and the last seven in New York. But been doing this gig at Gluckenshef now for the better part of the past decade. So what do you think? Today I watched, I assume you did, maybe you did, maybe you didn't. I watched the post-Pres Conference, the J-PAL press conference, and we got the right decision. No change in the rate, but the word patience was taken out of the statement for forward guidance and there seems to be some sense that they're taking a more accommodative stance, but that's pretty much it. I mean, what did you get out of this? Well look, the first pivot at the beginning of the year was Powell basically walking back the rate hikes that the Fed was pledging in December when they actually hiked interest rates, hard to believe that they did it when you look at what's happened ever since. Today was just going a step further. The Fed historically is a very incremental institution. And so today was (6/57)
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