however, what scott minerd pointed out, thank you, scott, if you look out two years to three years, the1% in other words, the fed has a wide band like they don't know what's going to happen do you have confidence the fed can pull this off? >> no, and they don't know what's going to happen it's not back to the days of lehman where they know nothing all investors including institutional investors and yours truly don't really know what the appropriate real interest rate is and that is the short-term interest rate that will generate 2% inflation and 2% real growth no, they don't know and they're proceeding cautiously and that's where you see the disparity in terms of who thinks what >> bill, we know you know, and thank you for joining us bill gross, appreciate that. >> we are moments away from fed chair janet yeen nll'sews conference we'll take you there live when "power lunch" returns. listen up, heart disease. you too, unnecessary er visits. and hey, unmanaged depression, don't get too comfortable. we're talking to you, cost inefficiencies, and data without insights. and fragmented care,