joining us, ellen zintner, and christine hooper, welcome to both of you. >> thank you. >> do either of you feel like we dodged a bullet here? looked like a pullback and things were humming along again. what do you think happened? >> i think this is the normal volatility we see when we have geopolitical events occurring in the back ground and then you get a day of bad data and then a day of good data. it seems to me this felt like your normal volatility and not the start of, say, a selloff because there's not been -- if you look at the domestic economy, what's going on in the u.s. there's not been a catalyst to say this would be the start of a pull back. >> christina, it's been an awfully long time since we've seen even a 10% pullback. >> that's correct. it makes sense given we have a fed supportive of stocks. so that now that we're anticipating something of a handoff or reduction in accommodation, the start of fed funds, rates being hiked in 2015, we might see more volatility, but doesn't look like there's a significant correction on the horizon because macro economic data continues to