his name is henrique alvarez. i like to listen to what he said.expect the dollar to reach parity with the euro at some point in the second quarter in the spring of next year. be next leg down will prompted by further discussions of yet another expansion in qe. betty: i guess it all depends on what your base case scenario is for growth next year. i think -- first of all, growth has been ok so far. in 2015 in the eurozone. and i think it's going to be largely ok in the next year. the issue i have with this argument about the monetary policy divergence is that at some point we need to -- it cannot be that the euro keeps on falling and we can attribute it to the monetary policy divergence. bere must the -- there must a one to one of policy divergence to an exchange rate in the euro. i think the fundamental case for the euro to diverge at parity or below is not there. betty: there might be some argument for that. his call was that the dollar is going to strengthen considerably. i know you are more tempered. theirjust came out with outlook and there are