The Importance of Rates in the Market

I think we're going to continue to have low volatility until some event that we can't predict happen. I also think what happened though is did chat GPT come out in November of last year? It was like late last year that it came out. And this soft landing narrative or this delayed recession, that has just revived animal spirits. But ultimately, I think as the two year creeps back up to 5%, we'll see if that matters or not.