It's very difficult to try to make a stock market forecast...

It's very difficult to try to make a stock market forecast based on an interest rate outlook because things change. We don't think you gain a whole lot of value by trying to make those type of predictions. Take a step back, get rid of a lot of noise, and focus on good businesses, good industries and not pay too much, you sleep a whole lot better and you've got a much greater probability of success.