the course of this year. i think we are going to see at least that kind of gain, perhaps more. >> bill: in the stock market, you believe it will go up at 11. >> yes, i do. >> people could buy stocks without. >> and within that i think that there is some real opportunities. we are hearing this administration for the first time talk business friendly. they are talking about doubling exports. they are talking about manufacturing. these are very healthy possibility for investors right now. i would say better than even chance to see real action, real encouragement, real alignment of interest in the manufacturing sector and technology in particular. >> bill: are you buying stocks. >> absolutely. >> bill: bill are you buying bonds. >> absolutely. >> bill: municipal bonds. >> i'm buying them on the advice of others because i don't make all those decisions by myself. but the fact is those who say that the bond market has run its course, i think are being premature. >> bill: people say the municipal is not going to be