uncertain, but what we do know is coming is on february 3rd, the t-back will meet the first time treasury bessant will have the mantle and one of his underlings will run that meeting and they'll have to decide whether they're going to change the policy that the prior administration had which resulted in over the course since quantitative tightening started, and resulted with 50% of the nation's debt is being financed with bills. >> secretary bessant has been very public about saying that that is manipulating the economy via the treasury secretary role which is not their role and that they should extend the debt financing. that could have an impact on the long end, as well, but it's unclear whether that will happen at this meeting upcoming or the next one >> given all of these uncertainty, andy, short term. are you constructive on equities do you think the environment is good >> ahead of the fed meeting and earlier this month i started selling equities short, and i've also been short bonds since the fed cut the 50 basis points in september. i covered a lot of my equity short today, and i covered a

standing next to scott bessant, howard lutnick. pam bondi. kelly leffler, his ag pick. he was all on the floor, celebrating donald trump ringing the bell and what is going to be a new era of donald trump's economy. >> you wrote a whole book on trump's rise. you studied him and we heard from him at the stock exchange again laying out a plan for the economy. >> i think you're going to see some good days ahead. a lot of incentives. last time, we took it probably from close to 44, 45% down 21. everyone said that was impossible. it was always my, i really wanted to get it down to 15 and will be able to do that. i think we're going to really incentivize the country to go back and work and they will be incentivized. they're going to do well. they're going to be happy. >> it is quite a moment. he's ringing the opening bell on the new york stock exchange. he has the time cover person of the year behind him, but knowing him, studying him the way you have, does history tell us this will be a moment he reads or potentially overreads as empowering? >> well, for donald trump, the rec

then comes noem, gabbard, patel, bessant and hegseth and scott beston's case. lot of people just don't know him. we're getting to know the country is getting to know pete hegseth better. you mentioned to me that he is really coming on strong in the one on one sessions, right? >> oh, absolutely. pete is killing it in in the meetings because he doesn't shy away from the from from the tough questions. and i hear from senator after senator that meets with him and says man we enjoy that meeting. he took the questions head on. and so i'm excited about the american people being able to hear him answer these questions when we have a hearing for him, january 9th in the in the senate armed service committee, i believe the democrats are going to come out swinging. they're going to try to just throw literally everything at pete. but what they're going to see is a guy that knows how to handle the questions because he's already faced them. he you're going to see a combat veteran that understands what it's like to be under fire, and they're not firing live shots at him. they'