thank you so much, icapital's anastasia amoroso.we have some breaking news crossing the bloomberg -- we are expecting the numbers to look pretty grim on loan growth and wealthy to be the factors to look out for, dbs coming in at 2.24 billion dollars. seeing that total income coming in at 4.54 billion dollars. taking a look at the number for the third quarter, 1.9%, higher than the 1.73% coming from estimates. beating estimates. the ratio staying at about 1.2%. singapore dollars as well, that margin boost alone is really feeling that profit growth that we saw. we had the bloomberg economics intelligence expecting profit growth raising 10% year on year on an adjusted basis. we are also watching for any update when it comes to the acquisition of the citi retail banking business awaiting regulatory approval. we are seeing stocks of about 5.5% -- up about 5.5%. it's been in outperformer. -- an outperformer. watching in particular when it gets divided out. given the amount of volatility we have seen. dbs, also commenting on where they see

we welcome anastasia amoroso, chief investment strategist at icapital. anastasia, let's talk about how good this number is. the market reaction is massive. is it commensurate with how good the data is? anastasia: i think it is this is an extremely welcome piece of news that we have been waiting for, i mean for months, we have not had a positive inflation surprise. finally, there's a lot to like in this inflation report. you are starting to see food prices, for example, not rise that much. durable goods are starting to decline a little bit. you are starting to see used car prices that are falling could you add all about together, and the monthly print is pouring forth. that is significant. in order for us to be on course for 2% year-over-year inflation, we could not have these monthly prints. we need to bring them down 2.1%, .2%. this is really the first step, and that is welcome news. we have not booted everything out, for example, shelter inflation account for half of the rise in cpi, something like 8% year-over-year. that is still a big problem, but th

another check on the market as america casts its vote to determine control of congress anastasia amorosoly here. it does feel like there's some hope and according to wall street research, for the republicans to take control of at least one chamber, and that would be good for the market and the economy do you agree >> i do agree with that. i think if we do get a split congress or get a republican sweep, that is likely good news for the market because the outcome would be gridlock and markets typically like that because not much is getting done in that scenario and, also, we don't need any more fiscal sim stimulus, so i think that would be interpreted positively by the market how the market performs after that is on your side as well the typical rally into year-end could be 10%, going back to 1974 i think there's definitely some optimism around the midterms that's lifting us higher here. but i would also say that it's also the fact that the fed policy, the next leg of it, is known and priced in. if you look at the fed fund futures, 5% is there we have priced in 5% rates or higher by march