Hey, it's Kramer, and this is my morning take on the market from today's

CBC Investing Club morning meeting.

Now, stocks are moving pretty well here.

Other than the last 15 minutes of Friday session, it looked good too.

Now, because Jim Grant's come on this morning, I know Jim for a very long time, he's a bond

enthusiast saying that we may be in stagnation. I'm not buying that at all. I'm saying that in order to be able to get to lower inflation, you have to see slower job growth. But I wrote a piece this weekend, which just said what they really want to see is rollback. And rollback's very hard, Jeff. So I point out he's using a cream cheese story, but

the Mannheim Index indicates there is some rollback to use cars. Yep, good to seeing this all

sets up ahead of CPI, of course, on Wednesday. But turning to the market stay, it's a little bit of a

mixed picture. You have some of the mega-cap tech names a little bit lower.

Industrials are rallying.

A lot of China stocks are big as well.

As if these meetings actually are working.

The Yellen meeting is being perceived.

It's very positive.

You know, many industrials have had a very nice move.

A lot of them have caught up to the broader market rally this year.

Use Caterpillar for an example.

Really just, what, 35, 40 straight points?

Yeah.

Where I think you and I have to actually debate whether we want as much cat as we do.

Yeah, and it's a good question because, you know, we were buying it.

We started a little too high, but bought it all the way down into the teens area,

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