let's bring in michael shaoul, market field asset management ceo. me about what you expect from the chairman at 10:00 a.m. eastern. michael: i expect him to reinforce the view of the fed, that their main goal is to create full employment across the racial divide. that seems to be the issue powell has been given since jackson hole. i think he will allow for the fact that vaccination has a good chance of changing the medical emergency over the course of 2021, but i think he's going to have to be steadfast in his view that the fed is on the right course. i would be very surprised if he hinted at fed action over the next few months. lisa: how do you view this rise in yields, given the fact that, as jon was mentioning, we haven't seen a move higher in tandem with inflation expectations? michael: i think you know i am of the view that we are transitioning into an inflationary boom. i've had that view for several months. i view the move higher in yields as part of that. nothing happens in unison. i've never been a big believer that in the short term, you c