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invested in the market, how to interpret this information. we thinks that the net outcome of this for the next two weeks is going to be essentially a lack of volume going through the market. we really -- we really seeing an absence of direction here. without wanting to -- without wanting to be vague, i think the markets are very, very confused. one thing that is actually not confusing is the risk appetite is very, very low right now. >> right. during the last shutdown, way back in 1995, the markets just suffered a jolt and that lasted about a month. things are very much different in 2013. so much fragility out there in the world. it could be anyone's guess just how much of a pull back we might see. >> yeah, for sure. i think first just based on this shutdown, i don't think it's unreasonable to expect the markets to hold up. but what it does, i think, make more likely is the tapering and