I think the Fed keeps going as long as GDP growth stays between 3 percent and 4 percent. That would be not too hot to make them go faster or too cold to make them pause,

The November minutes were taken as a sign of an impending pause and I don't think the Fed wants to give that message. If the economy is still growing fast, they may have to raise rates above 5 percent.

This is a Fed that has demonstrated excellent crisis management skills. But by the time we come to November, the Fed should be able to act with a greater degree of confidence. A pause in November would mean a severe downgrade in the prospects for the economy while tightening in November would show that the effects of Hurricane Katrina were probably temporary.

If he stays healthy and keeps progressing the way he has been, who knows how good he can be. You can't teach someone to be 6-foot-8, 235 pounds. But I'll tell you that if he keeps progressing, in five years he will get paid to play. Maybe not in the NBA, but definitely somewhere in Europe. He's that good.

I think he's the same Greg. He just keeps doing what he does best -- stays ahead in the count against hitters and keeps working as he always does.

The conundrum is the Fed, and why the it keeps raising rates.