the table is gershon distenfeld, cohead of fixed income at alliancebernstein, kathleen gaffney of eaton vanceplus coming to us from edinburgh is luke hickmore of aberdeen. guys, great to have you. is next week's decision really that much in the balance? kathleen: it is not much in the balance because the market is expecting it. there will be a hike, but the comments will be dovish. the question is how dovish will they be in 2019? gershon: i think the markets completely misinterpreted anything by the fed. how about the fact growth has started to slow a little bit after years of being strong, and now we are going back to trend line? it is not either or. it is not that we're going to not hike at all or we will hike five times. the fed should not commit because it should be somewhat data dependent. jonathan: you are saying this is a market struggling to draw distinction between -- a return to trend growth and recession? gershon: the yield curve is telling you the fed has already gone too far. if you drop your regency bias and came down from mars after 20 years and saw where the growth and unemplo

also with us from "boston today" is the portfolio manager at eaton vance. let's begin where we always do, the markets. stocks have risen. is a bottom finally forming? that answer might lie with apple, which stage that had big comeback for the ages monday during this show >> this could be a meaningful point in the stock right now >> it's not often that you see apple shares move $6 in a session. >> it went up because we all felt it was overdone i have to tell you josh started it by talking about a technical situation. we all felt it's washed down it's an inexpensive stock. >> we're looking for some followthrough. it's been between positive and negative territory this seems to be a significant period of time for where the stock will go from here. >> i think if you're a bull you don't need it to run up ten points i think having the price stabilized almost in a straight line and the thing with apple serving as abellwether for the overall market there are people that will site certain months they diverged and it didn't matter big picture for psychology, you canno