Half a percent. The market continues to watch the fiscal cliff. Trading action has resolvolved around this. Ben, what is your fiscal cliff strategy . What do you want to do with your money in the economy does go off the fiscal cliff . Yeah, we were worried about that back in september, october. So even though we like the equity markets going into 2013, we wanted to hedge ourselves a little bit, so we took money out of equities. Didnt just put it into cash. We put it into three areas we think are still good long term. One is we talk about emerging Market Equities, but i like emerging market debt. These monetary authorities are done tightening. They fought the inflationary problem that they had successfully. Theyre in hoed. Yield curves could shift down. We stress doing it in local currency. The other areas are u. S. High yield, which i still think is valuable. We do think spreads will contract and emerging Market Equities as well. Jordan, what about you . How are you preparing for what
Judge Michael Wiles was originally set to issue a decision on the restructuring last week, but gave the SEC until Tuesday morning to present a more convincing argument against Voyager Digital s