katie: joining us now, megan robson of bnp paribas out and cities richard so got on set. want to start with you richard. let's talk about the cash-strapped, cash is obviously the place to be for well over a year. is it time to get out? >> i think there are some real attractive yield opportunities out there in credit. it is hard to pick the right time to move into those. i would say that this is not a bad time to move into whether, depending on your risk appetite if you want to stay with something more high-quality or lesser quality, you gain a distant station --gain a decent return today. if we believe rates are going to peek and start to slow down it would be a good time to move in and take advantage of that. it is impossible, i wish i could pick, figure out the exact right time. if i could i probably would not be sitting here, i would be on a beach somewhere. it feels like an attractive time to move into credit in one way, shape or form. katie: i hear timing in the market is tricky. what is your risk appetite? >> from our side, we are positioning for decompression. we t

followed by megan robson and mark. it will be fantastic to have him on. as the norwegian central bank, i am curious what this means for the nature of inflation going forward. have we appreciated the stickiness at a time where we are seeing an arthur burnsian kind of reversal? tom: i think it will be interesting to see. i just don't have any strong opinion. i wonder if we are going to see in the next 24 hours some research navelgazing and say jerome powell should have raised rates. i wonder if that will be part of what we see. lisa: he had some details on that. he said they are probably going to raise rates further. he doubled down on the hawkishness. he said it matters less the pace. the speed matters less after how quickly they have raised rates. whether people buy it or not remains to be seen. markets, you are seeing a ability from the fed that you're not seeing from the turkish central bank because people are expecting them to get inflation under control. tom: francine emailed and said john is in ishia. lisa: is that what you were looking at while i wa