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hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityalking about banning tiktok. this could take tiktok away from 170 million of you. i'll be testifying this week to share all we're doing to help americans on the app and to inspire creativity and bring joy. >> that was the ceo of tiktok set to testify tomorrow as critics are calling for the u.s. to ban the app entirely on our shores. >> our next guest calls the ban bad policy and precedent. joining us is glen girstel. why bad policy and precedent, glen? >> the ban would be bad policy and precedent because it's going to hurt america internationally and domestically. it sets us on a slippery slope to wrong policy decisions. i agree that banning tiktok from government owned phones makes sense. there's a risk there we don't want our military or members of congress or diplomats having their user data siphoned off to the communist party in china, that makes sense. but the general public using this app, teenagers somewhere doing dance moves i don't see the value of china obtaining that informa

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on stockings, let's bring in victor that green, and the president and chief investment monitor at hennion investment. what is the setup? how do you describe it to people? >> they have to go another 25 basis points, especially on the heels of what the ecb did. they're in a tough spot. i look at this as the hierarchy of needs. they need to put out the fire before they rebuild the house. there's been a lot of response from the fed, both from what yellen said today, trying to do fdic insurance. we're all going to be looking at, what does powell say? what is the trajectory going forward? will we see cuts like what is being priced in now? we saw dramatic shifts in the bond yield curve as well as futures projections on wherewe go now. it's less about the 25 bases points and more on what is going to happen going forward. will he back off of the hawkishness? >> is the stock market resilient in the wake of everything that's been happening? tesla is up 58% this year. >> that's the stock in the index. the dow, nasdaq and s&p, you'd think no banks failed and everything was fine. yes, maybe a little bi