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Paul Taubman; Founder, Chairman & Chief Executive Officer; PJT Partners Inc. Helen Meates; Chief Financial Officer; PJT Partners Inc. Thank you, Sharon. Thank all of you for joining us this morning. Earlier today we reported first-quarter revenues of $325 million adjusted pre-tax income of $56 million, an adjusted EPS of $1.05. These first quarter results reflect record Q1 adjusted net income and record Q1 adjusted EPS and revenues nearly equal to last year's record Q1 levels. The current environment poses significant risks to the US and global economies, as reflected in volatile capital markets, subdued M&A activity, fragile business confidence, and delayed investments. How long these uncertainties persist?The economic consequences of these uncertainties, and the degree to which global trading relationships will be reshaped all weigh heavily on market sentiment. 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