we are joined by jeremy bryan from gradient investments. nice to have you here. >> thank you for having me. >> let me pick up on what mr. navarro said. there are people on wall street who feel as though the market is concerned about the fed's independence and as a result of that, it almost forces them to maintain their independence by raising interest rates this week. what do you think of that argument? >> yeah. there's an argument to be made there. i think the bigger component is that we haven't had a dramatic deceleration in economic data yet. i think the fed is going to stay the course for the december rate hike. i think the probabilities out there are probably fairly accurate. what may change is what the 2019 outlook looks like and the conversations that may come as a result of that. if they change course in just the sentiment for 2019's outlook, that may give the market a little bit more of a relief rally as a result. >> the other big fundamental factor looming large is the possibility of a government shutdown which created volatility