 People think the Fed's going to get out of the way. Rates have peaked out. There's enough cash and jobs to be had in the system for the economy to keep growing a little bit. And so the issue is that you have really expensive valuations, and that's fine as long as everything goes well. It means that you need interest rates to go down and earnings to go up, and you probably need both to happen at the same time because the market is so expensive.