>> bill: two companies doing big business at the beginning of the pandemic now apparently seeing cooling interest. peloton denying reports it is halting production of bikes and treadmills saying it must right size the outflicks. netflix the slowest subscriber gain in seven years. steve moore worked for president trump. austan goolsbee worked for president obama. good morning to both of you. peloton is up 7% today. netflix is getting hammered down more than 20%. steve and austan. the stock market likes to predict things six months in advance. steve, is it predicting the end of this pandemic do you believe? >> look, i would describe the current situation with the economy right now, bill, as precarious. you see a slowdown in the economy from last year, no question about it. and then you have these high inflation rates, you have the massive increase in the debt,