ela n, one of the big stories had to be the fed anticipating that the fed might end tinkering with her statement. >> i think that would be an exaggeration. the fed has been very cautious in withdrawing its stimulus. they are very worried about rattling recovery and pulling the carpet out from under the people who need the fed support the most. and so they are not going to move until they actually have to. the considerable time that the fed has said it will wait before raising interest rates is linked to the end of its bond buying program. that one won't end until october. the fed has seven more meetins.s >> i just wonder what investors should do to prepare, if anything. >> one of the things, we see the bond market as having interpreted the action as a little bit of a tightening. within the statement, there is a survey as to what they think interest rates will be over the next years and the expectations went up. we saw a bond yield start rising and that has been continuing over the past couple of months with stronger economic data. we do think we're getting closer to higher rates. i sti