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pooja sriram of barclays. going into payrolls friday.this low churn dynamic, these low churn dynamics in the labor market, just not much hiring, not much firing, is inconsistent with a healthy labor market. if that is inconsistent with a healthy labor market and the federal reserve should be can sit a ring reducing interest rates but they are not because they are worried about the policy outlook, not cutting when you might should be cutting, it is slightly problematic. lisa: it might be the reason why you are seeing this. what that means is essentially high short-term rates with the long end of the yield curve, long-term borrowing costs going lower. what this indicates is that maybe people believe that this fed policy rate is getting increasingly restrictive if the labor market does not have the same dynamism. as one argument. there are people with exact document -- exact opposite argument and we will have them on. jonathan: on friday we will not be talking about that anymore. i just got an email, from terminal subscribers. agree with li