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show is sponsored by crane shares learn about their krbn ETF at craneshares.com forward slash krbn once again thats Korean shares.com forward slash krbn did J Paul just pivot welcome and good afternoon to the real Vision Daily Briefing my name is Cynthia your very own Chewbacca of macro and Im with you for the next 60 minutes where we will digest the recent press conference with Jay Powell and uh with me in the studio today I have a great friend of mine but also a great analyst a Michael Cuba welcome to the show hey Andreas thanks for having me uh youre welcome and uh you obviously watched the press conference as I did um you um you said to me just before we went on air here that um you considered its less hawkish but not a dovish pivot what do you mean by that yeah so you know it was interesting because I thought Powell clearly tried to separate obviously the monetary policy aspect right with the tools with the rate hikes up versus you know sort of the financial stability which is