we move from a policy-driven market in 2013 to looking at fundment tal.you confident about consumer spending? >> women, of the three that is the one that is probably lagging a little bit. it's going to pick up as the year goes on. interesting. what do you see the most important thing in the market. people look at fundamental. it's a thing to look at? >> i think it is something to look at. evaluations are getting a bit high. i think it is overall market confidence. the market coofidence is there. the ipo market are strong. volatility is low. i think it's going to bode well for a strong equity market in the future. do you agree? >> i think it is. because right now most sectors are so elevated you have to pick out those areas of the economy that have been overlooked. right now it is like commodity storks. commodity etf. high-tech things like systems intel thing of that sort. >> frank, what sectors do you like? >> definitely the favorite of the energy sector. especially on the construction side. you see transportation and infrastructure being a play this year