are ticking higher with the s&p finishing with another record close joining me is invesco head matt brillmatt, you heard governor brainerd's economics with the recovery we are seeing an interesting dynamic playing out. what should be growth lying ahead. where is the disconnect with the markets and economy right now? >> good morning, dom you heard from the fed yesterday. we read through the notes. previously they stated that they are not even talking about talking about raising rates. that is what they reiterated in the notes. they will not raise rates any time soon. they are telling you they need to see the economy improve before they consider tapering. we have a long way to go in that record. >> with that, on the short-term interest rates and the long-term rates creep higher, does that mean we are in the scenario where the economy is forecasted to be better and we will see growth ahead and the yield curve st steepening is constructive with the banks and credit economy >> that is our general take. we like the steepenor. the fed will not move through 2023 they reiterated that through the n