is it possible they could raise that amount as marc faber is suggesting here? what would that do? >> well, anything's possible. it shows it if they did increase it, there would be more cash for people to purchase and invest. my odds they won't increase it, based on what i see today. the old adage is you don't fight the fed. the dropping of the five-year to 2.5%, to invest in assets gives them greater return. >> one question. here we are at the beginning of the season, not seeing gang buster growth, not seeing much traction in revenue growth, which is indicative of market demand. without the fed is this economy, is this market trading at expectations that really are way over the top here? i mean, what do you think, joseph? >> i think you have seen a pretty amazing rally in the equities markets this year. you have prices moving at a faster pace than earnings. as a result, you take a look at valuations. we're getting closer to fair value. i don't think that necessarily means the fed is really pushing this market along. i continue to believe, as far as tapering, it's really a matter o