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we're still overweight tech we own Google i/o Google personally there is definitely an issue though of kind of the concentration of of tech names that are driving a lot of the returns this year but this is going to be a earnings driven story for the rest of the year earnings are coming in strong next year sob couture in 170 if you look at bottom up analysts they're at 177 so the markets trading at 16 and half times earnings and margins are staying strong you're seeing costs coming in higher than usual but the the offsets been the tax rates so you know I think overall money will flow to technology a healthier move would be a rotation a little bit back towards value so we also have an overweight and financials which are trading at 12 and a half times next year's earnings kind broadly on earnings so far are you surprised markets didn't have a more positive reaction whether it was last week or yesterday essentially flat for the last six sessions well

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