good wednesday morning. welcome to squawk alley. i m carl kint nia with brett and morgan at the stock exchange rallies are not far from the fresh all-time highs let s talk about what s going on pay, bob. we re in a round trip situation. remember when we were martin luther king weekend? we re essentially back to where we were, 3,220, back down about 3%, home trip there and 3% or so and all the way back up to where we were prior to that. that s an important move here, round trip what s moving things let s call it faith, folks fanl in the markets. faith in the coronavirus containment is the most important thing. but there s also faith in the fed out there that they re going to save us faith in global stimulus, that that will save us as well. perhaps even more importantly faith that the global slowdown is only temporary. and what we are seeing with concern to some of these companies will essentially reverse. we have been highlighting what companies have been saying the last