let's welcome ken policari.al missed today, a lot of people are telling me that's what brought the dow jones down. what do you make of it? >> what happened to the banks, they ran it up in after jpmorgan earnings, after wells fargo, it was good. goldman and citi, they just missed. they still reported a profit, but the whole financial, the sector had moved up. investors took the opportunity to take cash off the table, because there's a sense that the market is kind of frothy. not bubbly, but we can't seem to get think 1850. this earnings seasons has just gotten started. they're mixed as beth. not seeing top-line revenue growth yet. they're still managing that through the cost side, right? >> year to day, the s&p is down 0.01%, and my manager has been, by the way, good news is good news. today's economic news was nothing to write home about, nothing spectacular. one thing i will say, though, the consumer price index, up 0.3%, and bernanke saying the fed is looking for bubbles. he singled out financial instability.