Stocks are doing better; that has taken a little bit of froth out of the (bond) market.

At some point next year I do anticipate the Fed is going to take back some of the liquidity it pumped in. I don’t think it will go on a tightening phase to slow the...

The bottom line is we have to wait for these numbers between now and the next meeting.

The fundamentals of higher rates are still in place.

We’re basically marking time into the PPI and CPI numbers.