but total volume in 2018 still up 32% compared to last year that's the highest level since 2007 rob kindlerwe're in the fourth quarter, third quarter was slow, some of the people i speak to including you worried are we in a summer slowdown >> the first nine months were incredible we advised on over a trillion dollars worth of deal. no one has got on the that level. the number of deals are not up that much. the actual number of deals larger deals have been done. as far as the market goes, historically m&a tracks the market if a market is up, m&a is up and the market is up for lots of reasons including trade wars with nafta, it looks more like we won't have huge trade issues but that's part of what is driving the market what does it mean to m&a i think we are going to have a continued pace of m&a certainly for the next three to six months. >> conversations picked up in terms of what -- >> they have. >> from august for example >> well, and because there's a realization by ceos and boards that a lot of the things that have been done driving stock price aren't repeatable so for example if you lo