Governor Myron, thank you so much for sitting down with me. It is great to have you on the program. >> Thanks for having me.>> We've gotten a new reading this morning on private sector job growth and uh we're seeing that job growth swung positive in October to 42,000 from negative 29,000. A lot of that job growth coming from larger companies as opposed to midsize and smaller companies. How are you looking at this report.Given that we don't have official government data, how is it informing your outlook for ...

Right now we're joined by uh Goldman Sachs, Goldman Sachs vice chairman Rob Kaplan, who's also a former Dallas Fed president. And uh Rob, what do you think about that. Just Steve's point in particular about the Fed's mortgage portfolio, what you think should be done with it.Yeah. Well, several years ago when the Fed was buying treasuries and mortgage back securities, you we discussed back then the Fed's footprint in the mortgage market was getting very very large and it was becoming a big factor and u I thi ...