joining me is jeff kleintop at charles schwab very gchood morning to you, jeff good to see you.glimpse of the moves under nationally are affecting u.s. sentiment >> we have a lot of volatility ahead of us here there is negatives for the overseas markets which improved whether it is tied to china delisting or electric prices in europe coming down sharply this week. we have the negatives with the potential for 75 rate hike in europe and bringing supply chain backs up all of that washing over the markets. that is the story of what's to come for the next several months positive and negative volatility and not allowing us to break out either way. >> this is clearly touches on the international picture first. stocks suffered like in the u.s. and did not have a strong decade coming into the pull back. are there attractive places to put money internationally or do you focus on the u.s.? >> you can shift to europe in particular i know we're concerned about recession and concerned about the growth globally. if you take a look at what we're seeing, valuations priced in with a mild recessio