interest rates get out of hand to up the side, i think the markets can take the hit. let me just that would require like being a lot of inflation in the economy. not necessarily. just remember, we re very, very low. if rates itself the market itself normalizes, you can go back to the threes and the fours on the ten year and that affects markets. to go back to one thing. all i m saying is 5 to 10% would be as normal as normals could be. the one thing we didn t have in 2017 was a real good ebb and flow. you re supposed to have corrections along the way. we didn t hardly see any of them. i just think we re due and i think probably 2018 we ll see it. i think it s going to be a no biggie at this point in time. high after high after high. you re predicting 3,000 on the s&p, katherine? yeah. there s risks, policy risks, the administration could leave nafta and wto.
ross. steve, mike tom cotton has gotten this all figured out. this is like operation desert fox, no biggie. the problem for the white house is you re dealing with one hand the hawks like tom cotton that will never be for an iran deal, that s the reality the white house is up against. the other issue the there are other republicans and democrats like chuck schumer who look at this and say that there is a role here for congress because what s involved with the negotiations is removing sanctions that congress put in place. but let s be clear, tom cotton is an outlieer in thinkingthink ing bombing iran s nuclear facilities is easy. if the white house was only up against that the white house would be in a good political situation right now. but they re up against people in congress who look at this and say i m not where tom cotton is. i m not for let s bomb iran tomorrow. but they say, hay, i m in congress. congress put these sanctions on iran. that s the problem for the white