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they were checking to see how it is taking the s&p more than 20%. the strangest thing is bare market does not create a crisis. our banks are liquid and well capitalized. this is not a financial crisis. this is a garden variety. >> it is an important point. the president has talked these markets down in a weird way. in september -- in august and september we were flying high. december has been grusome. it does not make a recession. >> no. i think the odds of a rescission are going up in 2019 or growth recession. it is growth than anyone would like. clearly if you look at modty markets, the price -- >> here is a message out there. >> yes. bond yields are falling fast. >> that is ten year sbos into a expansion. there are ways in which a

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