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[Music] yields are lower right now and stocks are lower as well yields arent lower that much really just one to two basis points in the five year and the third year the ten year and the two-year are basically unchanged but stocks are quite a bit lower and that usually indicates that the market is looking at a weaker economy as I speak to you right now were talking about the Dow being down about a percent the s p about one and a half percent the Russell about one and a half percent and the NASDAQ down about 2.4 percent Japanese data was worse the coincident index and the leading economic index were both lower than expected UK PPI a little bit better than expected but the big economic news this morning is really the Bank of Canada which hike raised by 25 basis points but then said they expect to hold rates while they assess the impact of the recent rate hikes that theyve done remember the Bank of Canada led the Western Hemisphere central banks in terms of hikes so looking ahead now w