differently, sometimes they warm up and the economy has to get the snake dancing a little differently. that happens. i'm not overly optimistic about the market in the intermediate term. six months. pretty often in this period of presidential election year in particular, you get 17 people bashing the president and bashing each other and you get rising uncertainty from that which often makes the market move forward but hesitatingly. the world is not that bad that there's not a lot of focus on the negative. >> neil: the markets tend to lead. what are they telling us? >> what i would expect to happen is as we move through that period of winnowing the democratic nominee down to one or a couple, that uncertainty fades, markets lead and as you get to the end of the year, you