Bob Nardelli

…Technical talks had to move forward while the ships passed through the Strait of Hormuz, but you've got to be impressed with where oil is right here. Treasury Secretary Scott Besant saying that gas stations were watching as he backed President Trump's demands for price cuts at the pump, and crude oil is now at $68.84, the average price of gasoline, $3.84 a barrel, Bob. Aren't we blessed to have this administration versus what we had prior ? I think the president is doing an amazing job of dealing with geopolitical economics and so forth. Opening up the straits had a very positive impact, as you said, oil falling, so prices at the pump. That's what a lot of consumers, they talk about food and they talk about fuel. I think I couldn't be more bullish on the economy. We're seeing various industries, various sectors, just really taking off . A&D is taking off with this super cycle . We see a lot of trading going on, multi ples on acquisitions of A&D industry is amazing 13, 14 times earnings, even forward earnings now, rather than trailing 12. Now, you've been talking and you've been working on aerospace. I know you are on the board, you're the chairman of an aerospace company. I want to get your take on what you're seeing there because there's so much money moving into defense tech right now and it all, of course, is on the heels of the president's agenda where he wants mass production of defense equipment happening right now.…From: this video · 1 claim mined from it