Wall Street rebound

[0:19]" Yeah I think it's very important progress -- point that we should remember -- 10000 reminds us and that things are getting better I think it's probably good way to look at this. It's also good way for people that don't look at this market every single day to be reminded that we've gotten significantly better. From the solos were reported in March that the economy's on the mend but I don't think it's. I think -- to too good to cruise to victory -- little premature."

[0:51]" Sure did and distrust of us that doesn't thousand baseball -- to -- your senators is that took. Look for occasional little bit over the last ten years I certainly -- division look at. What we're feeling like the last time we trust -- president -- the first public person has the person who are doing now it seems completely different emotions. I think we. Better originated in which orchestrate to have two adults 15000. To death sentence -- was just -- necessary milestone along the way. We had most lower employment much higher return -- On the Treasury's and then distorted due to some form of irrational exuberance system around it it was a very cautious view that we crossed over 2000 I think we're extremely happy that definitely -- a lot of caution apparently it's pretty Wolfe served."

[1:34]" We hear a lot about technical. Measurements and and metrics and a certain levels is 10001 of those or is it is it more of sort of forward those among among us who are. A sophisticated investors -- sounds good."

[1:50]" I would say that it's much more of a psychological barrier into whether you know whether Europe. Average 401K rekindled investor or whether professional investor I think it's an acute psychological benefit to it. It always has and then we come back and forth across 2000 several times -- certificates this time is no different things from oil post. On the road to recovery unit certificates and it's one that took a lot of people -- it to -- YouTube and waited for. If you get to sort of work our way out of this -- to basically remembers as world markers on the road reminded us that we're getting better here."

[2:21]" Now let's talk about the rest of the year and the C word correction."

[2:26]" He has kept important figure out for a lot of reasons to remember people have been looking for a -- into the markets since. But either of the first 10% move we've -- bottom in March nucleus it's -- it. So do as little world toward percent of the -- to portrait of -- corrections thirtieth forty built fifty some 55% of the bottom if you look at the SP 500. In every -- 10% or where people are some people wouldn't that necessary pullback we'll probably see to conduct during earnings season and earnings seasons. Court to act as a positive catalyst in this marketplace or we're here better than expected numbers. A host of different commercial will continue to do overs are -- But as we sort of work our way out of this and and NC a far we've come so quickly. It's in the area and perhaps to be this year we register to bridge the gap between an economy that's been stimulated by the government. In an economy that has -- sustained there's good there's a credible possibility that there that we could see ten to 15% public support actually kept probably -- theater -- people looking for."

[3:53]" Well let's say that in the case to sort would have -- and it's a complicated question it certainly. I appreciate recovered from limerick in the case of the source would have paid it back in -- Katie Morgan and medical -- certainly haven't been backward or forward. He's a return on investment -- a term it was certainly. -- but he took a longer term stability of the financial system there's so much more important vehicle to -- to exterminate. In getting paid their trip to -- stimulus money in the state term money or certainly significant step back and look at where we were you're Carol. Where and TARP money was being given to some of these resources. We're literally looked scary it is in the best regardless of how we got there. We you know we're looking at a church system that an important time. There's about a freeze up and that would push short minutes in this new world road to recovery. I think he because the thought process behind. -- recently spent some -- was assault on -- as -- speculation and other a year down the road. We're gonna say that was directed to do with the right term you know when we we are aware of the worst financial disasters in the intimate history. Of the country -- effective -- it's an additional questions -- terms -- we continue to -- Question marks about how we perceive it how we got there it was Cleveland you're allergic. A year later. As we look at this I think it's it was the right can do very little clip."

[5:16]" Who attended the big bonuses that will be handed out this year that -- as I understand that. A lot of people are gonna look at those and think women -- we had to take these guys out of the fire a year ago when now they're all Macon you know seven figure bonuses."