I'm not very enthusiastic. I think the market is not behaving well as a whole. There's just a lot of trepidation about earnings when you look forward into the new year when the reports come in January.

I'm not very enthusiastic. I think the market is not behaving well as a whole, ... There's just a lot of trepidation about earnings when you look forward into the new year when the reports come in January.

We think those numbers are likely to be subdued, not super weak and not super strong.

The market is still looking forward to discounting a neutral stance by the Fed.

The election is exaggerating the short term, but it's not the issue. The issue is the deceleration of earnings and the contraction of multiples because prices got way out of whack with what future earnings were going to be.

If this storm wasn't out there, the market would probably be behaving much better.