The bond market is very excited about this inflation data.

Everything is going down: the price of the dollar, the price of stocks, the price of bonds.

The immediate reaction was a pretty big move in rates after he suggested that there is a risk overseas troubles will hit the U.S..

I think yesterday was the biggest part of it. But if you find out there are going to be some proceedings, some impeachment proceedings, that could have a major effect.

The market has not stabilized yet.

Obviously, there's quite a lot of concern about what's going on around the world. Greed has been replaced by fear. There's not much rationality in a greed environment and there's not much rationality in a fear environment.