Lets take a look at what is happening in asia too. Those markets were closed. Hang seng off by. 1 and the shanghai up about a quarter percent. Youll see at this hour, slight gains across the board italy up three major averages up. 1 to. 2 . The tenyear is yielding 1. 772 . The 30year at 1. 28. We were just talking about all of this. All of those moves made. Pretty confusing to figure out what was happening and why i think there are a lot of people looking at a lot of these small events and does it have bigger implications. In this environment where everyone is feeling uncertain. I think these fractures make more people nervous. Whether this is a bigger issue, i will know this weighs on investors sieky i had a 2007, summer of 2007 bnp scare. There was maybe 2 billion that was frozen, sub prime and there was a freak out. At the time, it didnt feel meaningful this is the first time the fed stepped in the only time they did this was in the middle of a crisis. Thats right. This is a warning