was one disappointment, but you look at intel just up dramatically in their result9s, you look at gp morganocter & gamble, verizon. high quality companies delivering great results even in a challenging environment. maria: so you think that the earnings season has been better than feared. >> overall, it's been better than feared, and it's been particularly better in the dividend growth space that we're in. maria: let me go back to what you just called the low rate environment, because investors or are focused on next week, october 29 and 30 when the federal reserve's going to have its upcoming meeting, and the second date is november 16th and 17th, and that's the apec meeting, the asia-pacific economic council meeting, and that's where president trump is supposed to meet with president xi of china, and they're going to sign a deal for phase one of a trade agreement. your thoughts on the federal reserve first. does the fed cut? >> yes, they do. the market's quiting in 96 -- pricing in a 96% chance you get one cut next week, one quarter point. december looks more questionable now. it'd been ab