 Welcome folks, this is Jacob Schup, this is the 4pm stock market update, I'm filling in for Tom O'Brien. Let's take a look at where we kind of closed, yes actually at 5,061 currently, off about 0.61% right now. The Russell trading at 1,961, 80 cents off about 1%, the NQ's down as well, they're the biggest losers for the day, trading at 1.25%, YM at 37,968 below the $38,000 level. Gold contract trading at 2,388, currently silver at 2836, copper 434 and then crude oil in the futures right down at 82.77 and that's off from that 85 level that we were looking about, which is good going forward, love that. They've been kind of giving up some of the gains they had, but again on low volume as well, so we might get a retest of this last day with volume or a little bit close to it, but in reality we'll probably stick around this area for quite some time, again just not a lot of action, relatively speaking. Let's take a look here at this, the economics market has really changed right and I'm wondering kind of what to make with this article from the Fed right, it's saying the lowest pay U.S. workers will accept for new jobs has soared right, of course you have a lot of these articles coming out saying this is the cost of living, it's not much you need to make for comfortable cost of living and I think this drives, this was done for a lot with a lot of young people right, this is from the Federal Reserve Bank of New York, obviously you know income there is a lot higher just because of the cost of living, it said the regional feds bank survey found that individuals now require an average more than $10,000 more to switch jobs than they did in 2021, which is super fascinating, you had more people who are unemployed and this is the highest that have reported since July 2020 and so you kind of ask yourself you know what is going on with it right, people aren't switching jobs, they're demanding more money to switch their jobs, which in my opinion means they're okay with the company they're in right now and you're seeing less people get these higher-paying jobs that more people are demanding more money for them, it is a very strange thing almost, obviously inflation is a major part too to like asking for this but I think too culturally because I see it in people my age a little bit older there's this really really really weird drive I don't know I don't know to kind of like make it at all costs which is a strange thing for me, anyways folks thank you so much for joining me this has been a fantastic time I believe I'll be on tomorrow morning filling in for Tommy O'Brien and we should have Tom O'Brien on at three and then Basil Steve Larry before that thank you so much have a great rest of your day