The Downtrend in the Bond Market

Marie: A number of these people who have this narrative and they have a lot of conviction in the narrative they might double down at this point. Marie: Sometimes it'll work but other times they may get the out of business if they do too much that's exactly right. The difference is an investment house is leveraged you know fifty to one and has a billion dollars at their disposal and we have much more finite numbers that we're working with so it's not only just having a narrative that might go against you everything goes.