Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.
Speaker 2: Single Best Idea. What an interesting Monday. The headline started
Speaker 2: coming out guessing five point thirty this morning, and you know,
Speaker 2: the market was actually pretty constructive globally into the US morning,
Speaker 2: and all of that reversed with the headlines. It was
Speaker 2: absolutely nuts for ninety minutes to two hours as we
Speaker 2: digested back and forth headlines and all, and even as
Speaker 2: we tape single Best Idea, I'm sort of uncertain where
Speaker 2: we end up Monday afternoon, or for that matter, in June.
Speaker 2: A lot of uncertainty out there. You saw on the
Speaker 2: tape today Stuart Kaiser Stop Buy from City Group. He
Speaker 2: does not long term investment, with much more trading strategies
Speaker 2: here on the short term. Stuart Kaiser of City I.
Speaker 1: Think from our perspective, it's very much the question you've
Speaker 1: been asking is who's buying and how are they buying?
Speaker 1: And do we think that they are sort of done buying.
Speaker 1: I think it is the interesting way of thinking of it,
Speaker 1: because if you think of late January, institutional investors and retail,
Speaker 1: we're so so bullish this market, so so long in
Speaker 1: this market, we're not quite there yet. But I think
Speaker 1: we're working our way back to those levels of bullishness,
Speaker 1: and when that happens, I do think those are times
Speaker 1: you need to be a little bit cautious because the
Speaker 1: buying has been frenzied and it does feel like we're
Speaker 1: kind of middle to late innings in it at this point.
Speaker 1: In the US.
Speaker 2: Stuart Kaiser and his long term, which is two three
Speaker 2: four weeks maybe to get into June. He's with Trading Strategy.
Speaker 2: It's City Group. Alexis christoffers and Paul Sweeney just said, Tom,
Speaker 2: you have to do this. Our conversation with John Sterling
Speaker 2: from two years ago. John Sterling has died at eighty seven.
Speaker 2: He is the legend of the New York Yankees.
Speaker 3: You know, Mel Staudenmayer, the pitching coach, used to go
Speaker 3: to the mound when the guy was in this final
Speaker 3: inning and Mel would say, empty the tank. My tank
Speaker 3: is emptied. And all the wonderful things have said about me,
Speaker 3: my goodness, that makes you feel so good. But as
Speaker 3: far as I'm being as truple as I can, as
Speaker 3: far as the passion or the energy or the stamina,
Speaker 3: that's all inside of me. And I never thought I
Speaker 3: was setting records by broadcasting a game after game empty.
Speaker 3: It was just what I did for a living and
Speaker 3: how I supported my family and also something I love doing.
Speaker 3: So you know what a lucky person I am.
Speaker 2: John Sterling did at eighty seven. We thank Paul Sweeny
Speaker 2: and Alexis Christopherus for their thoughts there, and they are
Speaker 2: dreaded New York Yankees. On a podcast. We're on Apple
Speaker 2: and Spotify, on YouTube podcasts, it's single best idea