these problems a deep rooted within the system and the system that needs to change my name is janet sparks and i am a wal-mart associate at store number eleven zero two when i think about the fact there are c.e.o. mike du made over twenty million dollars last year more than one thousand times the average wal-mart associate. with all due respect i have to say i don't think that's right. i wish we'd never gone to jesus center i wish we'd known of. this extraordinary high rewards i didn't realize about was going to happen maybe all those orders knew perfectly well that this would be the result of it but i think the plot is unfortunate some are regret it i think you know you sort of always have it maybe in the back of your mind that you know you're not part of something good but i don't have a clear sense of why i'm doing something actively harmful and then when the financial crisis hit i started to feel really uncomfortable and i asked my boss will the public ever forgive us for this and meaning the bail out and he based i said to me well here's the thing the public always forgets the public

sense that janet and company are itching to start patiencing down federal reserve -- pairing down federal reserve balance sheet in a hand fisted manner. notion was all this cash sloshing would sparkthe wealth effect, that done work out for main street, but. if the fed messes up, you can participate in shared misery with bankers and other rich folks. they forgot to tell us when they start doing this. this is one of many yellen discount -- dis-- connection. jobs, the federal reserve keep saying that economy is near full employment. it lowered its own unemployment rating this year, next years they say 4.2% from pou 4 by 4.5%. there is more room for job growth, record is 6.8 in october of 2000. they are saying that population ratio, like long-term unemploye unemployed debt. like training workers. that yellen dodged. she did say she thinks that combination of restraining and -- restraining and president trump apprentice plan. i am sure she got a -- she has got a point. but timing is an issue. that is not going to happen over night, why the fed should stop talking about full employment right there in a nutshell, then inflation, fed lowering inflation outlook to 1.7% from 1.9%. they see

threat of deflation is dead, sparking an instant rally in the euro and raised yields in europe quite smartly and even here. now everybody is going to hang very tightly on what janet yellen says at 1:00. >> september could bring about a taper in europe and a balance sheet draw here? that's going to be interesting. >> well, i personally don't think they do anything before the end of the year. and maybe not even then. but we're going to wait and see. he tried to take some of that back a little bit when he said it isn't necessary to begin taking back some of the east quite yet. but nevertheless, the idea that deflation was not a threat was enough to push yields up and push the euro up. >> art, don't go away. we'll take a short break opening bell, after this >>> just a few minutes from opening bell art cashin is with us. we just talked about dragi's comments and what yellen might say after lunch. the bulls have the ball, techs need to regroup, you say, and there's some possibility of month-end buying. >> it's month end, quarter end and end of the half. people do have to put some things back in order the techs, in particular, need to regroup here, however the reversal