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in fact, this may be the high point for the entire year. this may be as good as it gets because all kinds of tax increases are beginning to bite. we have the social security tax increase january the 1st. tax the rich, january the 1st. state taxes went up notably in california. then we ve got the sequester cuts. all of this is taking money out of the economy and it will reduce the growth rate for the rest of the year. economists are basically saying our spring hopes have been dashed yet again. third year in a row. not good numbers today. martha: what s the market reaction likely to be to this? and you know, is it a sign because no doubt the administration will feel pretty good about this number and they will have an argument that it is a part of a real recovery. that we just have to be patient. that some of the numbers are improving. the housing numbers are improving. that s my guess that is what they would likely say in response. two points. you asked how the market