outlook? >> i don't know. everyone is also on vacation right now. i don't think that there is really a consensus. it is not likely that they will be a recession. forecasters are often -- they don't have a good track record of calling these things. so i don't know what that consensus is worth actually. i think you see it in the market action. a lack of certainty as to the direction of where things are going. i think until the shutdown ends, we can expect continued volatility. >> leland: so often you hear explanations at the end of the year, profit-taking, loss taking for tax purposes. it is that mutual funds rebalancing. all of these explanations, is there any way to know if it is those things, which don't go to fundamental economic value, or actually a fundamental difference in economic value of how the markets are looking at these huge companies? >> and it's clear i think that the market has gotten a bit ahead of itself, especially some