It seems to me that markets aren't going to be too happy if its just a replacement thing.

The bread and butter of the industry are the mature markets, but because of the falloff in replacement activity, vendors are going to have to go out and look for growth elsewhere. That's the challenge for the industry.

I think he's very open, ... He seems to weigh any given proposal on its merits.

I'm happy that things are going up in the markets but when things get too bullish and too, I don't know if they're exuberant, but too optimistic, someone will find something between the lines on the Fed statement saying, 'but they said this, they cautioned here', maybe to have to be vigilant, so people might use that as an excuse to stay profits.

It's generally the case that if you push through tax cuts, over time, it will stimulate activity; and as growth accelerates, you'll start to get revenue increases back.

It's surprising that out of all the commentary you read on what's happening, nobody thinks it's just a basic inflationary story.