joining us around the table in new york is guy lebas, mark lindbloom, and sam dunlap. rk, negative rates. are they going away anytime soon? mark: probably not. however, a lot of the press we are seeing here, negative rates and what a bad thing they are, it is not as if central banks around the world and particular the ecb asked for that. their main mandate is inflation and economic growth. they are responding to that. secondly, there's a lot of optimism around the world right now, a goldilocks situation. we have seen a bit of a change in that recently. there is room for downside there. that growth is yet to come. we think the prudent measures of the ecb and others are justified. third point we would make is, the folks arguing this is a bad thing, you have to look at the opposite and say what if this the worldpened, would and europe in particular be a better place? while we don't like it as much as others, we think it's not a place to be invested, we think they are sticking with their mandate. lisa: you like negative rates? sam: i agree in the sense that it was definitel