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running higher in july, half a percentage point higher than in june which makes us worry about inflation. understand that in june, prices fell from may and so in june, we were worried about deflation, right? so that's the point, is right now, we are worried about anything and everything. u.s. debt and decifit, a rerun of the great recession, european default risk, a china slowdown, these are really long term problems. they don't have to create this panic rippling through the markets today, but they have, and as a bond broker told me moments ago, can we all just please calm down? and ...

problems. they don't have to create this panic rippling through the markets today, but they have, and as a bond broker told me moments ago, can we all just please calm down? and remember, rick, that the old saying, markets climb walls of worry, and someone is making money today. gold is up $32 an ounce, last time i checked, 1826, the vix, the shall peer index that goes up when volatility breaks out, it's up 30 percent today to $40 a share, and the 10-year treasury notes are down below 2 percent, and that means that the yields go even lower to 1.6%, sometime in the next year, one guy ...