therhasipulltsex bon by 6.1%tron nt hal y sow p ihe rigs ,e comi dsoda p hee anticipating. were you surprised? >> i was surprised at the precise number, because it was so robust. but in general, i think the jobs report was reflecting a very nice economy. we are healing wonderfully from the crisis of five years ago. and that trend has been in pce es. we saw it manifest today in so i think the exuberance, the rational exuberance we have seen in the stock market thi year was validated. >>hen does that translate into something that the fed has to start paying attention to and say, wait a second, this is a strongec things are on solid footing. as a result, we need to raise rates? >> i think that will probably happen in 2015. i think the contours of the fed decision fir a about declaring succ over the last five years, there have been a great deal of nattering neighbobs about the fact the fed would not be successful, would not be effective, that they were pushing on a string. so i think the first thing for the fed is simply to say they did their job and did it exceedingly well. an