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Straight day, we saw a biggerly sale off that was followed by a big recovery as investors grapple. Were asking a simple question on the show tonight. How can you fed proof your portfolio if they raise or dont raise . Guy . That is the question. You have to answer the question, do you think they are raising for the right reasons or raising because they boxed themself sboosinto a corner. I think the latter. I dont think because the economy is getting better. A lot of the data was in a word lousy. Is that is, in fact, the answer you stay low in the bond market. A huge sell off yesterday and didnt perform that well today but i still think what is happening here is the front end of the curve is going higher. The back end is going lower and i think you stay with that. Youre saying regardless of what they actually do, the economy is weak and therefore thats my opinion. Right. Of course. The folks at home have to answer that but thats what i think. Grasso . Was it real or reverse. Xlu came bac ....

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