The Challenge of Diversifying the Market

The narrative that came out of the end of march, which felt a little contrived, was stocks are not so bad in inflation. To me, that's also laughable, because if an art of stocks making a four % earnings yield with treasuries at 50 basis points, does that mean i should use the fty basis point reference? It's something absurd like that, that doesn't really make a lot of sense. So i think that's the challenge of this market, is getting your hand head around that there isn't a single line item that we can look at. And i thinkthat it's a change from what we're kind of used to. Covid was just unknow