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STOCKS ARE DOWN SHARPLY. SOME ARE SAYING EVEN MORE WEAKNESS IS AHEAD IN COMING WEEKS. KEITH MEISTER IS THE FOUNDER AND CHIEF INVESTMENT OFFICER WHAT IS YOUR GENERAL VIEW OF WHERE WE ARE RIGHT NOW WERE MICRO INVESTORS, BUT WE NEED TO LET THE MACRO INFORM THE MICRO. LAST YEAR WAS ABOUT THE MOVE FROM QE TO QT AND THIS YEAR WILL BE ABOUT THE MOVE FROM INTEREST RATES BEING ZERO TO SOME HIGHER NUMBER OVER THE LAST SIX WEEKS, THE TERMINAL RATE FOR FED FUNDS HAS INCREASE CHRIS CHRISTIED BY 50 BASIS POINTS, AND THE DATA THATS COME IN SAYS THE FED HAS MORE WORK TO DO. MY SENSE COMING INTO THE YEAR IS SORT OF UNCHANGED, A CHOPPY YEAR, A YEAR OF DISPERSION THE MARKETS REPRICED A LOT LAST YEAR THOUGHT THIS WAS GOING TO BE A TOUGH YEAR I THINK WERE ALL SURPRISED BY THE MOVE THIS JANUARY. I HEARD EARLIER IN YOUR SHOW YOU WERE TALKING ABOUT POSITIONING THAT WAS A BIG CONTRIBUTOR THE ECONOMY BEING STRONGER WAS A CONTRIBUTOR. CHINA REOPENING. MIKE WILSON TODAY TALKED ABOUT LIQUIDITY FROM