steven esposito is a morgan stanley advisor. steven, are they essentially bullish or bearish on the year ahead? >>most of the investorsabout 87%--are very bullish on the next year. they think the financial outlook will be better or the same as it was in 2013. they also think that portfolios will do well in 2014about 84% of them. >>where do they have concerns? >>concerns are 90%--which is a pretty big percentageare worried about the economy. followed by 87% at the deficit and the mid 80's 0r 70s on foreign conflict. so number one is the outlook for the economy for 2014 as well as the budget deficit. >>it doesn't sound like those concerns are all that high if it doesn't counterbalance their otherwise optimistic outlook for the year. >>they've had a couple of good years so they feel this will continue in their portfolios going forward. the outlook for cash isn't very good so they have reason to believe the economy will continue to grow but looking out of the corner of their eye worried about what they're doing in washington. they're