credit to the fed and monetary policy and qe 1, 2 and 3 but also if you look at obama over his eight years we had average gdp of 1.5% last year we had 1.6 and when trump came into office his first budget hit 2.3 and he hit 2.3 so i think there's a very clear dichotomy of obama versus president trump real bull market coming on strong with president trump. david: kevin who gets credit? >> i actually think the fed gets credit they went into the market and artificially suppress ed interest rates so people went into riskier assets so if we look at what, how you grow an economy, there's two levers you pull, monetary policy and fiscal policy, and so you saw monetary policy during barack obama's administration and then you saw fiscal policy during president trump's and so the fed is really dictating the market as going forward because we saw him capitulate six weeks after they raised rates in december and that's why you've seen the recovery in the market