I'll Be Bolish Again.

It's dangerous to make too big of a change in your fedu afterer a single meeting. Historically, what we would see is that when lhe economy is about two thirds of the waig its down turn, you can start to look for opportunities. There will be pockets of advantage here. I think we should watin. The curb will still flatten. But we will reach a point in the next few months where you want that steepener back on. And there are always motom op trades to be had. So the corelation on it doesn't change over time. It's not the be all and all, but the macker does not look good when it does.