Fed Fund's Futures Are Increasingly Pricing in a First Rate Hike

Markets are taking, as you said, t the short end of the curves to where you're pricing and your dots, dot plots have changed. You're also seeing maybe the ten year and the longer end of the curve come down a bit because people are starting to price in central banks they're going to squelch some of this growth. It does feel like some ofthe frothier parts of the mean stocks, and also some of the retail names, that looks as good of a run as it's been for department stores nor valuations aren't terribly cheap here. So again, i think you'll have to be cautious with the move we've had so far in markets,