 Lee Ferridge is head of multi-asset strategy at State Street. And on Bloomberg this morning, he told us investors should not confuse today's stock market with that of the late 1990s. The difference between now and the dot-com bubble is the companies now, they're making money. If you think back to the dot-com era, those companies weren't making money. They didn't make money for years. The ones that survived are now very successful and very big companies. The ones we're talking about now with AI, they're making money. They're printing money every day. So there is a big difference.