elizabeth: scott bower, guide us please because when it comes to investing in stocks, how can you look at this as some type of who horrificically flagging economy and some commodity prices are rolling over and it's not just oil, wheat has come down and corn has come down. there's very expensive things out there and i'm looking at the dower leadership at this very moment, jp morgan is popping dramatically along with goldman sachs and cvs and interpret this higher bond rates, is that good for the financial s? >> it absolutely is. jon said it perfectly if the fed had to make a decision today, they couldn't. they're in a corner. they are absolutely sandwiched into a box. fortunately they're going to get not only two cpi reports before their next meeting in september, they'll get another jobs report. it is really tough, liz, and to just pick a sector, to just pick a sector and say, you know what, this is going to be where you want to be for the next month, next six months based on inflation or based on recession. almost impossible to do because we see the landscape changing on a daily basis