for business orders and the like are flat and the implication of the article is there's no fundamental reason for this boom in confidence in the stock market and that eventually it's all going to come down. >> so, fareed, what i would say is i still think the u.s. economy is on a steady economic growth pattern, right? it's clearly not up 20% since last november, but it continues to grind forward at about a 2% gdp path. we see that. we feel that. i think as importantly, for the first time since the global financial crisis there are more economies around the world doing better. so europe is marginally better, china's better, so i don't think it's just the u.s., i think the global economy is slightly better. when you go to wall street it's ultimately going to be proven out in earnings of companies and cash flow more so than, you
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