for more on how rate cuts could juice the market, let's bring in rick heitzmann, he's an early investorks now? >> companies have longer life spans, but the key thing that's going to happen is hopefully this is one of the first unlocks of the ipo market. the ipo market, you know, lives in fear of risk. w one of the risks was interest rates, one of the risks is the election, one of the risks, where's the economy? this means the fed is really serious about where the economy is, and this will spur enterprise and consumer spend, in addition, as rates go down, more money shifts into equities, equities go seeking risk. best part of the risk curve, hopefully in the public equities, is ipos. and you're beginning to see an unlock of an ipo market that's been closed since the great depression. >> wow. you mentioned the three risks, and two of those risks don't get solved with the fed cutting rates, in terms of the economy and the election. >> correct. so, but you're starting to s see -- there's a light at the end of the tunnel, hopefully that's not a train. you're able to see, you know, hey, are y