The 100 Best Points of Waiting in the Three Month Treasury Bill

The correlation of the Fed's balance sheet and its expansion and the progression and risk assets, both have gone up over the last 14 years. What we had, I think without precedent, the 100 best points of waiting in the three month treasury bill. But we have to be very cognizant that we have this very dangerous creature, this opponent, this very mean opponent called the market. And if it wants to behave in that manner, it will behaved in that manner until facts make an impact.