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The oil part along with oil prices, it is not a big rally by any meaning. All three major averages higher but none of the region reaching for tense or even half of 1 . Even as we have seen this big recovery from the lows, if you look at the bloomberg here in the s p 500, we have not re obtainedattained that level. I also wanted to point out what is going on with bond yields. This is wb, which lists bond yields across the globe. I want to show you this column if you can see it. This was the topic of discussion at yesterdays zone investment conference. We heard folks criticizing the negative rate regime. We heard Stan Druckenmiller saying that people should be selling stocks and buying gold because of concerns about global growth. If you look here in the United States, of course, we dont have negative yield at this time. The 10year note today, going back to markets, we have not seen a lot of activity either way. If you look at Something Like the dollar versus the japanese yen it is actua

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