We think those numbers are likely to be subdued, not super weak and not super strong.

I'm not very enthusiastic. I think the market is not behaving well as a whole. There's just a lot of trepidation about earnings when you look forward into the new year when the reports come in January.

These are strong numbers, but they are not conclusive numbers,

The election is exaggerating the short term, but it's not the issue. The issue is the deceleration of earnings and the contraction of multiples because prices got way out of whack with what future earnings were going to be.

But at the current stage, I do not have the impression that there are strong political figures among the cabinet members who can impact upon events.

I'm not very enthusiastic. I think the market is not behaving well as a whole, ... There's just a lot of trepidation about earnings when you look forward into the new year when the reports come in January.