barry rosenstein, jana partners, having a good day.of course you would be if your stock was up 90%. >> good thing you had him on. thank you, david faber in new york. >>> it's year two of the conference in los angeles. abby joseph cohen will speak on the future of equity investing. abby is joining us for an exclusive cnbc interview. abby, always good to talk to you. good morning. >> good morning, carl. >> i know year end, you've been talking s&p 1500, 1600, but clearly, the last few weeks have been troublesome. sentiment, flows, some of the generals like apple beginning to lose some momentum. has any part of you -- are you wavering at all on some of your year-end targets? >> let's be clear, i did not provide a year-end target. that's done by the u.s. portfolio strategy team, and their view has been that the second half of this year is going to be more difficult than the first half. those higher numbers that you cite really relate to the way we look at an estimate of fair value, that is looking at economic and profit growth. and if one a