joining me now at post 9, elizabeth burton of goldman sachs.ood to see you, welcome. >> good to see you, too. >> i think that is partly what this market has been figuring out, how to best position for fewer cuts and higher for longer. what is the best strategy right now? what are you telling your clients? >> i do think folks should be thinking that we will have fewer cuts. i actually think if i was still in a cio role, i would be thinking about protecting my portfolio for even longer extension because i think there is always a risk that those cuts could be pushed further out, even if it is not our baseline. it is a bigger risk to portfolios for a court appointed height rather than a court appointed decrease, and a cio managing a large pool of assets, that is your concern, not, what is the fed going to do and how many times this year. >> you think the market needs cuts? and how would you assess that question? you here, the economy is awesome, it is incredible, we don't need rate cuts. but, the other school of thought is, well, at some point, we