 All right, the markets continue to grind higher on this first trading session of October. Jeff Kravitz from U.S. Bank is here. Jeff, we're still sort of in this transition period as we wait for some of the bigger earnings reports next week, but how do you view the markets right now? Right now, we're very constructive on the markets. We have a good story. We've got earnings which continue to improve. We've got a global synchronized recovery. We've got low inflation, low unemployment, and growth is starting to pick up. So it's a good story, and we believe that's going to continue for the rest of the year. So we're at $25.19 in the S&P 500. Where do you see the benchmark heading by the end of the year? Our year-end target is $25.50, so we're not far away from there. We do believe that markets will end the year higher. That being said, we're not immune to some of the risks that are out there, some of those geopolitical risks in Washington. Your valuation is high, but you've got the earnings to support it. So we really do believe that markets can trend higher despite a possible near-term sell-off. Why didn't we have it down September? That's usually the worst month of the year for stocks. And does that correction that you just mentioned, does that come in October? Yeah, that's a good point that you bring up. There's that seasonal factor. September and October are traditionally very bad months for the stock market, or can be. There's a lot of liquidity out there looking for a home. And stocks are really the favorite destination, especially here in the US, just because companies are doing quite well, the consumer's strong. And investors are looking to put money to work, and they like the US despite the valuations. And will you also like international stocks just on a valuation basis? We do like international stocks. On a relative valuation basis, you look at Europe. And Europe is definitely attractive. Those companies are doing quite well. I saw a manufacturing PMI in Europe is picking up. So that is a place that we put money. Also, you've had the US dollar, which has been a tailwind. I mean, you've got the euro up about 12% this year, so that's really helped. Isn't that a risk, though, the rising euro for European stocks? It is a risk. The higher the euro goes up, the more pressure it puts on exports. And to this date, it really hasn't impacted that to any great extent. But it is a near rest that we're concerned about. So to sum up, when you see reports that September was the lowest volatility we've seen on record for a September, even though it was supposed to be this really worrisome month, how does that make you feel? Because anytime we see low volatility, you have people start sounding the alarm. You know, that could be a caution flag. I think there is a lot of complacency out there, despite the positive story. And it might just take a catalyst, some geopolitical event to kind of knock investors off their pedestal and say, hey, I'm gonna pull back a bit. But I think fundamentally they're looking for a strong finish to the year. All right, well watch how it plays out. Jeff Kravitz, thanks so much for joining us. Great, thank you.