 the upper half of the income spectrum. There's a lot of trade-down plays that are taking place. Even in consumer staples, not all consumer staples are equal, right? Some are still trade-down plays that take place in that area. And growth is just not going to be high in that space. All right. Thank you so much for joining us. Yongyu Ma, Chief Investment Officer at BMO Wealth Management. Coming up on 10 minutes before the top of the hour, a quick look at markets coming up next. And then John Bolton. This is Bloomberg.