 Brian It's going on guys. This is Jacob Schup filling in for Tom O'Brien. I believe he'll be back tomorrow Let's take a look at what we have going on in the markets today The ESMini up about 1.06 percent the Russell down slightly NQ's up 1.3 the YM up 0.7 percent gold We're seeing just a little bit of a pull down back in gold But of course we have seen this Meteoric rise in gold over the past Month, I would say well beginning March One minor that's super interesting to look at now harmonies down a little bit, but I mean this has been You know from around this time period something like a 48% rise it's nuts right I mean this is actually going back more into like December and stuff like that But this has done so well over a certain holding period that we've had Really impressive to see Some of the gold mining stocks do well new month now. We were down again today But again, I remember we were talking a little bit of you had a caller come in right around this level Again, this is on some lower volume coming down and then we just shot back up So it's good for the gold guys at the time being of course We're gonna have Tim Ord on a little later today And I'm sure he'll have plenty to say about where gold is going of course him and Tom We're calling this kind of move up in gold for quite a while and we saw it. I mean, that's pretty nice I mean check this out like all-time highs on this thing just right under that 2200 level Silver itself not doing as attractively just off about 1.68% right now still around that 2430 level copper Right under $4 on the contract crude He's getting locked out around this level at 77 69. This is nice, you know everything that we're looking at today It's important to look into the context of the CPI that had come out, right? And we'll take a look at that in a second here This was the commodity that I was worried about Right and now of course this is volatile. So it's not part of core CPI And I was concerned that we were gonna see increases in oil prices, right? And we really had and seeing these guys stick around these low 70s and then to shoot up and we've stayed Pretty consolidated in the 77 68 area And we're actually a little bit lower today as well. We can talk a little bit about why that's getting locked But first let's look at CPI Again, this is the CPI was a little bit higher, right? But the context of all this is not for may cuts, right? Obviously not for March cuts because we're already into March But believe the market had really been looking at a June cut, right? And some of this stuff with CPI was not bad Looking forward towards that Okay, so let's take a look at food Unchanged massive, right? This is this is pretty good food away from home about the same Let's take a look here energy commodities obviously up, right? This is a little bit what I was concerned about with it of 3.6. However, this is down on the 12 months adjusted Let me take a look at medical care services So down slightly for this which is positive Transportation up minorly. So I mean this is this is pretty good news, right? Owners equivalent rose only 0.4 percent on the month that was down from 0.6 percent in January you know This is all decent stuff, right if we're looking for a June rate cut, okay? And if we can maintain this kind of tight You know kind of program that we're on and we see inflation that not being as bad Month over month will be in a good situation and again, I think that's a lot of what this pricing in Is doing and of course if we get any rate Decreases, you know, we're off to the races as Tom says Quite interesting. Take a look at Tesla 178 80 There's some issues their autopilot along with some of their competitors had been tested by some body and they were received poor Ratings for all of it. Of course, this is in its nascent stage and I am sure we will see this This technology get better as we go on but additionally you're having a lot of competitors coming out of China with this And I think we'll see that become an issue for them in the coming years and Tesla is the best boys to my opinion to combat These new Chinese EVs that are about to be hitting like Europe and probably to some extent America unless we have some kind of Tariff on them or embargo against it, but Even Tesla themselves are saying they're they're worried about it, right? So, I mean, what does that kind of say for the rest of the industry steel dynamics? 131 of course some pretty volatile movements Up to 137 70 and great dollar has been down it cracked that 104 to 105 area And we were at 102 97. Of course, we are up a little bit right now But not a big deal in the cues up 1.3 4% 440 325. I mean even when you get some Hot CPI, right? I mean you still have the I mean obviously the cues are up today, right? Our futures are up the Russell just is doing Russell things But the NQ is up in the now futures. So, you know, I Think the market is pretty confident That we'll see a rate cut coming pretty soon. Give me one second to get my timer up All right Let's take a look at some stories. This is what I wanted to say regarding Tesla Oh, also, I want to say to if you because I just dealt with this beforehand and this is just an off thing but you know, we You know, we talk to some people from TD Ameritrade which is now Schwab Network and we use thinkorswim here I was having some issues logging into thinkorswim. It wasn't recognizing anything Even when I went to reset my password. So I was talking to the guy and what happens I guess sometimes it just became my my account name became locked because I logged in at too many different places So if you're experiencing that it is a pretty simple fix. You just got to know what to ask for Anyways, I thought I was gonna have a day without a training platform I was gonna figure out I was gonna do that All right, we'll take a look here. Tesla's autopilot and full self-driving technology and nine other assisted driving systems marketed by major Automakers received poor ratings from the US insurance Institute of highway safety in a new study released on Tuesday The double IHS a safety research arm of the insurance industry also said there's no evidence at the autopilot Or other assisted driving systems have real-world safety benefits based on crash Data, right? I would be really interested to see that crash data, right? Like is it, you know, how much of the autopilot was at fault regarding that? Yeah, I know there are some stories around what GM was trying to do in California, and they had some situations, but I believe the major one which is The the car hitting a pedestrian pedestrian actually was drunk and fell into the car So I'd be kind of interested to see how much of these autopilots, you know We're actually really at fault for it. We're able to look at insurance claims data We have been able to look at vehicles with and without these systems and determine There's no reduction in claims as a result of these more advanced systems and really okay So by comparison there's evidence that automatic emergency braking system cut rear-end collisions by 50% and cut incidents I have that on my car and it is grading, but it does work. Anyways, folks. Stay tuned. We'll be right back We have Basil Chapman on with us next