that brings me to michael binger. what happens in the next rest of this quarter, in particular, and should people be amasses a little bit of dry powder to start buying or buy now before you start to see more volatility at the end. year? >> you know -- >> first of all -- liz: michael binger. >> yeah, i don't think you should do a lot with your current holdings right now. there is really no reason to sell this market. think about it, corporate earnings, they're still strong and they're growing. look at the economy, yeah, it is not going gangbusters. we have a moderate growth economy. that hasn't changed. the only thing people argue you might want to sell stocks on valuation or we haven't had a correction long term. bottom line i think stocks will chop around for next three or four months. as we look towards end of this year and 2015, we look at out-year earnings in 2016 i think we gradually go higher then. david: scott, i want to go back to you to talk about the market an economy. once again we're getting mixed signals.

michael binger, grade i can't investor senior portfolio manage