| um haven't had one in a while and so | 4.961 | Jump to 56.719 |  |  | 
              
                
                  | way this is a two-month chart on the | 3.92 | Jump to 153.92 |  |  | 
              
                
                  | depreciated about six seven percent | 4.08 | Jump to 186.72 | 
                      
                        
                      
                        PERCENT
                      
                      
                        about six seven percent
                      
                     |  | 
              
                
                  | barometer and if you remember in 2015 or | 5.761 | Jump to 210.799 |  |  | 
              
                
                  | 2018 when the federal reserve was | 4.881 | Jump to 214.239 |  |  | 
              
                
                  | couple of reasons for that one | 4.159 | Jump to 229.44 |  |  | 
              
                
                  | two the fed is not the only country or | 4.0 | Jump to 238.08 |  |  | 
              
                
                  | was a couple of trillion dollars to be | 4.321 | Jump to 364.479 | 
                      
                        
                      
                        QUANTITY
                      
                      
                        a couple of trillion dollars
                      
                     |  | 
              
                
                  | spent over 10 years that's a relatively | 5.28 | Jump to 366.16 |  |  | 
              
                
                  | the first year of the biden | 3.36 | Jump to 374.8 |  |  | 
              
                
                  | about your 2022 outlook i'm not going to | 4.479 | Jump to 416.56 |  |  | 
              
                
                  | ask you what your s p 500 target is for | 5.68 | Jump to 418.56 |  |  | 
              
                
                  | december 31st 2022 but any broad themes | 5.121 | Jump to 421.039 |  |  | 
              
                
                  | yes so the first question i would ask is | 4.4 | Jump to 431.199 |  |  | 
              
                
                  | 2022 so that has me favoring risk assets | 7.04 | Jump to 438.8 |  |  | 
              
                
                  | been the case the first few days | 4.0 | Jump to 471.199 |  |  | 
              
                
                  | expect 20 returns but i would still | 5.12 | Jump to 504.96 |  |  |