charles dumas, the chairman of lombard street is staying with us. this is how we're shaping up across european markets this morning. a bit of a mix between the red and the green, but on balance, the gainers have it. we're up about 0.3% on the stoxx europe 600. the german market has been one of the better performers this morning. still a gap to close as we close out the month of november. but nonetheless, the move has been a push higher on the top performance has been the likes of infineon. as we move on to some of the other markets, zurich, we've got some selling in shividon. nestle is under pressure. across the board on balance, you can see on these indices, the xetra dax 0.5%. across the periphery, there's an underperformance by the italian stock market down 0.25%. the big ticket item today is the nonfarm payroll number. employers are expected to add 180,000 jobs, down from 204,000 earlier. the jobless rate, while it is expected to drop to 7.2%, we've been asking our guests about their expectations. >> expectation is something close to the market

during us to discuss his charles dumas. on theo have you program. thank you so much.here is so much buoyancy in the markets, so much expectation, so much hope. is there a danger that it will all crash down? >> there are risks. there are always risks. i suppose politics is the main risk. have got a kind of competitive day valuation potential in china and japan. the germans have a permanent evaluation structure in the euro whereby other people's expectations keep them competitive. china and japan are up against one another. if that flares up in any military sense, then that would be a risk. problem, u.s.e looks to grow by three percent to four percent this coming year. the stock market is likely to carry on rising. presumablyoks weak, not back into depression but week. with debt problems and the deficit emerging markets are weak. >> said taper talk and all of that. >> the measures they have already taken more than anything else are slowing them down. the exporters depend on u.s. imports. the dollar is bury cheap. >> that is going to be -- is 2014 going to be the year of