 All eyes are on the Federal Reserve today. Here now is Brian Relling from Wells Fargo Investment Institute. So, Brian, we likely get a rate hike in that press conference. But the big question is, what does the Fed do to its outlook? Does it maintain its forecast for three rate hikes this year? Right. I mean, no doubt the Fed's going to hike rates today. But going forward, the market will be watching closely. I wouldn't expect them to commit to a third rate hike this year. But they're definitely going to keep it on the table, remain data dependent, and if the economy continues to improve, I think we'll get that third rate hike later this year. All right. And then aside from rate hikes, we're also watching the Fed's balance sheet. I mean, do they sort of reiterate that that unwinding process is likely to start at the end of this year? I don't think they'll give precise timing today, but they'll probably give more clarity on exactly what the mix may look between treasuries and mortgage backs. I think two to one probably treasuries over mortgage backs. It may give a little bit more clarity on exactly some of the mechanism. We know they're going to use a cap. Look and see if they begin to talk about what those levels might be. I expect them to start at very small levels, try to really minimize the market impact of any balance sheet unwind, at least initially. And do you think the fact that the Fed might change its interest rate outlook could have more of an impact on the markets today than any commentary about the balance sheet? Probably market will be looking more at the, in terms of market moves, looking at the interest rate outlook. I do think we'll look for words. Let's see if the risks are still balanced. They've used balance in the past, or if they begin to lean one way or the other. We've seen a little weakness in inflation over the last few months, especially in the forward-looking market-based measures. And it'll be interesting to see if the Fed acknowledges that, perhaps puts a little bit more dovish tone on the meeting today. All right. And then moving on to stocks. I mean, what did you make of that tech sell-off we saw in the past couple of sessions? Potentially a good buying opportunity. Right. I mean, pretty much any type of sell-off we've seen in equities over the last several months has been a buying opportunity. They tend to be fairly shallow. They don't last long. And investors come back in, and the market continues to grind tighter. So probably more of the same until proven otherwise. But you guys are equal weight on tech. We are. Tech is becoming a bigger and bigger portion of the indices, the S&P 500. And so as that grows and grows, and the valuations continue to become a little bit more rich, just taking a little bit of caution there, but definitely not avoiding it. All right. Brian Relig from Wells Fargo Investment Institute. Thanks for coming by. Great. Thanks for having me. All right. I'm Scott Gam, and you're watching The Street.