. >>> more on where the markets are heading into year end is lori calvacino how do you view market leadership in terms of people are hoping the big-tech cap bounces back. >> i agree with a lot of what was just said. areas like semiconductor, some of the tech heart ware names are interesting, but i don't view consumer-driven internet as the growth story of yesterday. i don't think that's the growth story in the market going forward. i know the valuations are comp compelling, but you adopt want to just think of the growth stocks yesterday, but the growth stocks of tomorrow i did view sort of kris' comment very interesting whether it's the reshoring thesis, things happening on the esg front, just this idea of the reinvigoration of the old economy is something that a lot of investors i speak with are talking about. so you want to think about -- >> so when you think about the industrials, do you imagine a scenario where they get an above-market multiple? >> that hasn't been a way for i don't know how long. >> when sectors transition, we obvious see a rerating it's a bit north of neutral. it's look