let's bring in dan genter. got to have you with us.not expecting a contraction in the economy. can the contraction evaluation given the selloff at least provide some opportunity? >> i think that it can. you are in a situation now where we were dramatically over extended with regard to pe's. it was not sustainable in an environment with slower economic growth and's -- and slower earnings. you are at a much more sanguine level. we are probably within a range right now that, even with earnings slow, more than we expect, you are at a point of reaching some type of equilibrium. if the tremendous hurricane force headwinds we had the first quarter of this year are starting to subside a little bit, and i was a time to look bottom-up and look for some value and opportunities. >> especially at a time when we have inflation numbers coming up this week. we are expecting those wednesday numbers. markets seem to be a little bit on edge. especially at a time when despite the fact that the fed is saying we make it -- we may get back to that 2% inflati