Single Best Idea with Tom Keene: Dan Ives, George Saravelos, and Victoria Fernandez.

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Single best Idea. What an eventful Friday. We've got a lovely surprise for you on the back of our two conversations this morning. Let's get right to it next week. Tech Earning's into the end of the month. I think twenty nine Microsoft, thirty Apple in video the end of February, and there's really only one voice you want to listen to, who when everything's said and done, quarter after quarter has

Oh, I think it's a table bounder because it's my view. You talk about Apple being light in the quarter, but they're going to announce an Apple Intelligence partner in the next few months, and then you ultimately are gonna have twenty five percent of the world population when they access AI, it's going to go through an Apple device.

So my view is just it's one that's how so many have missed the last two and a half trillion, and mark App and Apple they focus and the Bears coming out they own the narrative. They scare white knuckles and then Cook and Cooper Tino come through and you're like, and that look and that that continues to be the mantra here. This is a name you own. You don't sell Apple, you.

Own it, Dan and I have Sarah. Of course, what we do in surveillances give you different opinions. Craig Moffatt, Maffitt Nathanson on about a week ago, not so much negative on Apple, just saying the lift will be delayed or extended out with a much more cautious view of that from Greg Moffatt. And there Dan ives. Every week there's always a research piece that comes out of the screen. It just lets you know PDFs in the old days we all got in printed. Forget about that. The PDF

What matters to me is what impacts the market, and if you look at the price action this week in the market, what was interesting and in something we had warned about the previous week, the market was expecting an immediate tariff announcement.

You could see it.

In the risk premium that was priced in to the volatility space.

You could see the inflation break evens.

And therefore, when tariffs were not announced on the first day of President Trump's new administration, you have seen the market squeeze in terms of the doll loongs.

Now we're entering next week with almost the opposite dynamic. The market has completely taken out the risk premium of potentially media tariffs, especially in regard to Canada, and that would.

Be a big shock.

Georg Serravelle is there on the back and forth the whiplash of this tariff debate. Of course we'll have that. Joe Matthew and Kaylee Lyones really leading our debate on that with balance of power. One of the great joys we have at Surveillance. We make a joke he's a surveillance meteorologist, but we're honored that across all of Bloomberg he is our national weather guy. Rob Carolyn has been brilliant. This Friday, we couldn't get mister Carolyn, so we went

So we went and measured.

We got four inches. Woh God, should we get Carolyn. I can handle one hundred and five degree heat with humidity. I can't handle snow and twenty degree weather. It's just not what we're made for here. One of the highlights of the week from Houston, Texas, Victoria Fernandez the crossmark and of course we talked with her asset allocation. She's got some cautious view on the market. But I'll tell you she said, you still got to participate. I did not hear from her go to cash. She had to