The Fed's Tightening Up

There's going to be a lot of pressure op-ex, cap-ex they're up companies are having trouble there that's where we're seeing some of these big layoffs especially on the tech side. Even in manufacturing where the PMIs have been weak there's a backlog that's been there for a long time and that could keep some of those businesses with pretty good shipments and earnings even though we see new orders falling off. So what do you do with your money here of giving all that we've talked about? There's a few different ways you could play it and I think we're looking always at fundamentals  I'd be looking still at housing as an opportunity looking 24 to 36