joining us now is ellen hazen, fl putnam investment management portfolio manager.en: we don't think that is going to be the case. you have ukraine, omicron, inflation. those things paint a very mixed picture indeed. guy: what are you going to be doing in february given that backdrop, even the potential for cigna can volatility? how are you repurchasing that for significant volatility -- for significant volatility? how are you repurpose in the portfolio for that? ellen: please volatility will give you an opportunity at cheaper prices. we are looking at companies that can benefit from higher gdp growth, so looking at financials, materials, and looking at companies that have pricing power, and we are looking to get involved at more attractive prices. but february is likely to be a bouncy ride. kailey: are you buying the dips or selling the reps -- the rips? ellen: we are doing both. we are seeing the growth beneficiaries really begin to get the wind taken out of their sales, so the very expensive growth names that had high valuations are probably done for, at least fo