avoid moretdown, trade conflict with china. i don't think markets have gotten over it and are expecting any kind of infrastructure progress. one interesting thing is the bond market reaction, for the lack thereof to this kind of progress with china. we saw a bit of a move back up in the 10-year yield, but very much down on the day. it seems to be driven more by the fed's comments. jason: we saw currencies move. the euro-yen trait specifically. luke: i do think what is good for the u.s. and china relationship is good for the eu-china trade. that classic jpy risk off hedge. jason: kevin, i want to give you the closing word. kevin: the famous last words. then: how much is all of leadership back and forth on the democratic side occupying and sucking up oxygen? kevin: in the last couple of hours effort from different democratic staffers. it looks increasingly unlikely that nancy pelosi is not going to be speaker of the house. i think she is going to be speaker of the house. how they do that, the procedures to get that, we have to wa