mike lipsky, i want to start with you.arnings numbers really week, a true reading it to the strong dollar. what is the outlook for corporate america? walmart newshis this morning. i think they picked up on exactly as it should be, the sales numbers flatted third that is a problem. that said, this strong dollar issue started in june of 2014. . n when we look back at what started this, and his hawkish rhetoric out of the fed. markets are up, oil is up this morning because if you read through the minutes from last their the fed always has one if by land, two if by sea phrase. if they said they were confident, you knew they were going to hike. that is direct evidence of inflation. that is the new tagline that appears a couple of times in the minutes. that is a very strong, i think dovish, signal from the fed, that they will not fight until they see the whites of their eyes, so to speak, of inflation. oil trades globally in dollars. the strong dollar has hurt china and hurt growth in emerging market countries. it is the one-two