>> earnings coming through up 20% or even more for the first quarter. that's what is driving the market. the days we're up people are excited about the earnings growth. at the end of the day that is the most important thing. there is no question there are some headwinds. you mentioned rising interest rates. the reason the 10-year is up so much is kind of a good news, bad year, people were selling treasuries which is sort of a safe asset we would have greater trade war and problems with north korea. now they're buying back into the stock market because earnings are exploding. it is really hard to find a happy place for investors. at the end of the day the economy matters more than anything. neil: good news should be good news. >> absolutely. neil: charles, what happens when we hit 3%, it will happen on the 10-year note? you and i can remember much higher rates. i'm not saying we're old but we're old. you could say to liz's great point good news but how are people wrestling with it? >>...