let's bring this michael farr, president and ceo of farr, miller and washington and victoria fernandez michael, i will start you. not sure what you took away from the beige book, but it seems to confirm what the markets thought which was there was less robust growth, maybe a slowdown as you can characterize it in the latest period. >> that's what the fed has been telling us, too e when they said they thought they would go more to the sidelines we've been expektding economic conditions to slow and we had this wonderful surge up to that 4% gdp level in 2018 expectations for 2019 are two, two, 2.5%. the important thing we heard with steve is that it's slowing growth but we're not having growth we're still having growth. it's slower and i think a lot of what we've seen from markets is a repricing for a slower growth environment which doesn't strike me as awful. >> can i ask you what the period of the beige book covers >> steve liesman >> can you hear me >> yes got you. >> it roughly goes from the last fed meeting until just about week or so ago so it's, it overlaps a bit on the over the sh