i think that's what jim iuorio is saying.o when do the bond investors who are stuck with these terribly low interest rates go back in the stocks on the basis of a global economy that is okay? it's not fabulous, but it's okay. >> no, it's not fabulous. one, jim is exactly right. the economy does not matter here. what it's about is the federal reserve and every central bank frankly is forcing you out on the risk factor. i think the bond investors going right now. as i look at it, the federal reserve has capped ten-year rates at 2% for the next two years at the very least. and so for me, that's extremely bullish for risk assets. you know, i am long bonds. and i think the lower bond yields go, the more bullish it is for the u.s. stock market. >> everyone is jumping buying long on the treasury curve because the fed came out and said rates are going to be at zero for the next three years. economists get things wrong. for the market to jump completely to say okay, they must be right, three years, it's illogical. so to me, the more p