nigel wilson still with us. and wentioning the fed have not talked about the fed yet. ke to raise interest rates? nigel: yes. there is an obsession by the markets to watch the fed. the fed has got an obsession with watching the markets. we have to get the balance right and stop focusing on what is going to make economies grow again. that is really about investment. as carl icahn was talking about earlier on. the world is too fragile for risks to be increased. guy: he thinks they should raise rates because they are blowing asset doubles. distortions.are distortions are unwinding as we look at the screen right in front of us. looking forward, the asset doubles are not unwinding themselves. that includes equities. the equity prices always looked relatively chief -- cheap compared to bond pricing. as a stand-alone asset class. i agree is the fundamental or denying growth companies is not good enough to sustain the equity levels. they have to get back to basics themselves and come up with strategies which allow them to deliver long-term growth for their shareholders. guy: is