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Volatility and volume over the last 48 hours. we're going to have it again, the futures now telling us the dow is going to open to the downside about 200 points or so, s&p, nasdaq as well. asia, as you mentioned, bill, had a great night, they had a great session. europe is the problem. many analysts tell me europe is a true time problem from a fiscal perspective because there are concerns with italy being the third largest economy they cannot be bailed out, they are too big to be bailed out, and that is a big concern for these markets despite what the fed told us yesterday. bill: that's going ...

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But they did say over the next two years they would have a low interest rate environment. that could be good for a lot of consumers, great if you want to buy a home right now, folks, mortgage apps jumped 20 percent last week, but will the economy grow. that doesn't really tell us anything. bill: to put a fine point on this, because the business community has said it needs direction in order to move forward, and it says washington was not giving that direction. that was the fed now providing that path forward that politicians have lacked? >> no, he is not and that is not his job. that is not be...