gerri: do you look at this, i think there is a lot about ben bernanken the market.hink most of the market is on his shoulders because he is supporting every move. do you agree? do you think it's fundamental? >> i think the company has performed well. gerri: it doesn't hurt. >> more recently thhre are some companies stggling. i think it would ba tough quarter for technology. >> let's talk about some of your research on investors and how they are keeping a big chunk of their money on the sideline. i thought it was so interesting. people selling bonds and stocks and you see a big exodus from bond mutual funds. what is going on? >> about 70 million came out since the end of may. about 2% of assets. it is not as much in terms of a percentage. i think a lot of businesses have been hesitant to spend. it is a challenge environment. we have seen apple struggle in the smartphone market and it has been pretty widespread. they are doi their strongest for these expses. >> getting glimpses into this, there are reports with the s&p 500 that could be weaker or softer than the first