that's going to be hit like that. >> rebecca, great to have you. >> great to be with you. >> rebecca patterson. guy, you like rebecca's play book? >> gold for sure. and i'll say this. might be a lot of people out there that are bullish gold, and this is not meant to be knewens whatted, i don't think the market is long of gold, to use an old term. when the market does get long, it's not going to be from these levels. it will be from significantly higher, when all the systems finally kick in, so, i'm with r.p., for sure, and it is wonderful having her back. >> it is excellent having her back. i'd just say this, she mentioned staples, utilities, health care, you see how poorly they acted today? literally, they were being thrown out. it is kind of interesting when you think about how the market closed the day, it just surged, it feels very, very speculative right here, and that just doesn't seem to be pricing for all the inputs she just gave us of what's not being priced in, i think the stuff that people are watching right here, this late-day rally, this, to me, just feels really unnatural. really

taking a look, we're seeing the 1-month at 4.6 rebecca patterson. >> the 6-month t-bill got to 4.5% if i can make 5% plus on 6-month cash, that doesn't seem like a terrible opportunity cost. are stocks going to go up 10%, 20% in the next six months i kind of doubt it taking a look at that -- >> there we go joining me now, head of investment extra strategy and policy, robert teeter. great to have you here. >> thank you. >>> you heard the comments a lot of people believe bonds are more attractive than equities we're talking about a 2-year trading higher that we haven't seen since the great recession is that changing especially after we see the 60/40 partnerportfoli coming off its worst year since 1969. >> you're right. not taking a lot of credit risks or duration risks. that makes things a lot more compelling i don't think the picture has changed much the short term here, we think, will be volable, but we think there will be gains to be had on the equity side as well. i think both sides of the 60/40 look reasonably compelling >> let's focus on the 60% part that's equities. tech's shown a