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Opposed to coming out and trumpeting everything is great. >> neil: id rather is over see a economy where theres record low unemployment than the other way around. its a fair point that david raises, it has been materially not helped the president yet. youd think he would be doing better. its very early though. but what do you think is going on here? >> consumers are doing good. what we saw in the jobs report, incomes are going up and a real wage growth. >> neil: 3.1%? >> exactly. inflation is mu...

Availability. i mean, there is all kinds of liquidity in the world and the markets right now. look at money marks. look at 40401 ks on the sidelines come in. interest rates have not been this low. therefore, people are going to go out of bonds. go into stocks. buy dividends because they need the return. even mention funds are doing it. >> today the s&p 500 closed to within 2 points of its october 2007 all-time high, shepard. >> shepard: looks terrific. risks in all of, this obviously. >> plenty ...