hick ey >> paul, going over to you, big name companies in favor of buy backs, talking about home depot, apple, microsoft, even jp moore dan. what kind of impact does that have on the companies and the broader market >> hi. when we look at buy backs, you tend to see two different -- you like to distinguish the buy backs, whether it's company funding the buy back with debt or using cash or the company whether the buyback is actually decreasing share count or if it's just offsetting the diluting impact of stock options. you often do see that in the tech sector and you saw it -- years ago you would frequently see that the buybacks wouldn't even be enough to offset the impact of stock options. as you mentioned stocks like home depot, apple, microsoft, jpmorgan and walmart, over the last ten years they've seen their share counts because of buybacks decline anywhere from 10% to 35% over the last ten years. so, those are companies where the buybacks are really making a difference and then as -- with respect to individual sectors, it was touched on earlier in the leadup to the tsegment, i think josh mentioned it, financials fi