tom keene: continue, please. in kinmonth: for example, march, we had corporate taking cash for liquidity purposes, a huge spike in lending. that really means going forward, we are trying to work out is that precautionary? the uncertainty in japan? not much capital investment has been done. spur thate a huge households and corporate have a lot of cash. a lot of excess capacity for spending to be done. that is the real story. a huge increase in deposits and corporate spirit -- corporates. tom keene: thank you so much. he is with abn amro. there is a lot coming up, not only framing up the end of august and into september, but the ideas of the dynamics of the market. futures up 11, equities advanced worldwide. market all the bond jumble. stay with us. this is bloomberg. ♪ >> as a turtle has succeeded. whoever takes over would continue on. continuity isicy key from a market standpoint or a yes standpoint -- a yen standpoint. in monetary policy has yield curve control, bond buying orchestrated by the bank of japan. he still has a