even ed, larry williams, of course, is the oldest historian and he does great work. i wish marty was arrive. he would say don't fight the fed. fed, you're not fighting them anymore. how about the soft landing? your tray tables are up, david. >> you don't have to worry. you can keep them down because it's going to be so soft. >> i'm taking off my seat belt. i'm on the jetway. >> yeah, today's meeting points to dovish risks to expectations of just three rate cuts already next year. that's deutsche bank, again. >> how about the press immediately saying, there must be something wrong, this has to be bad. why are you doing this? i mean, the press -- the press is so gloomy. >> two things. one is that as the wires point out today, the fed rarely cuts at a measured pace. >> yes. >> compared to the hikes. then citi today, they say bringing torward the rate cuts doesn't show that a soft landing is in progress. it shows how difficult it's going to be to engineer a soft landing. >> i saw that, the journal said that. what that says is -- let's go back to the niners example. this