there more pain ahead? less as jason chairman stuart ceo of strategic strategy firm. a welcome here and happy new year to you. so, i think after this a dreadful year in the markets, are we going to see some relief in 2023? was paul i m not so sure. i think for some higher-quality companies that can generate their own cash i think it might be a better year. i also think there s a lot of froth there s a lot of annual spirits treated by free money during the culvert era. we are in for another difficult year in my opinion. especially for companies that do not have a lot in the way of profits or cash flow. paul: your political analyst dan clifton who i follow, he argues the year after a midterm election is usually very good for stocks, historically speaking. why could this should be different? well i think this could be a little bit different because normally in a presidential election cycle, administration take the hit earlybird to make the hard decision early in the grease the
administration is trying to force negotiations which would mean a cease-fire now. and stop the fighting. while everyone wants to see an end to the fighting that is not in ukraine s interest. the facts are these. if we stop right now and went to a cease-fire advantage russia, why? they apply over 100,000 square of that millions of people underneath their control. more than what they had prior to february the 24th. they own the southern coast of ukraine pretty much all of it. and as a result of that they have land bridge to crimea they can cripple ukraine s economy and make them completely dependent on the united states in the eu and nato as a part of all of that. we cannot permit the status quo to maintain. what we have to do is help ukraine prevail.