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Low for might as well, but the pboc not adding actual liquidity saying things are reasonably apple when it comes to liquidity conditions at the moment. I suppose the big question is will any of this be transmitted given that we know so many still out of the economy, essentially either stuck at home or factories still still, supply chain massively dislocated. Sarah we have seen markets across the asiapacific region turning higher. We continue to see resiliency, at least on the mainland and in hong kong. The hong kong hang seng up about. 5 , and in japan, we have seen markets turn higher as well...

And probably a vote we expect somewhere between 6 30 and 7 30. It is important that everybody remember that it is im not saying it is a side show there will be people who are going to be talking about and i heard some of them today saying, listen, there could be a surprise in the senate, might be some defections. I dont see it that way. I look at i only have history not a lot of history with these things, but day by day of when clinton was impeached in trial and anniversary of which is tomorrow. Yes, it is. And you got that period from january 7th, 1999, february 12th, really the most turmoil ...

The yield curve is incrementally flatter. We expect that to continue for the short term. It has been catching a lot of investors off guard. I think it is there for a long haul. At this point in the overall fed cycle, we would anticipate that the curve should steepen somewhat. Youre seeing late market cycle behavior. Part of that behavior is a flatter yield curve. If the fed is on hold and lets be economy run hot, that will keep the short ends, which everyone expects. A market priced for recession, but it is telling you there are no risks whatsoever. That is not really a tenable situation. The ...

It is incrementally flatter. We expect that to continue for the short term. It has been catching a lot of investors off guard. We are playing the flattening. I think it is there for a long haul. In the overall fed cycle, we would anticipate the fed should steepen somewhat. Youre seeing late market cycle behavior. Part of that is a flatter yield curve. The economy will run hot and it will keep the short and suppressed, which everyone expects. A market priced for recession, but it is telling you there are no risks whatsoever. That is not a tenable situation. The launchpad controls are in the han...

Bottoming of the economy in 2020. We are pretty constructive on 2020. We are just not there yet. , there are still some scabs wounds here. I dont know if there will be a trade deal. We dont even know how many war phases we could get. Anything could go wrong at this point. We dont want to end the year on a mediocre note. The year is not over yet. Run the table, oksana aronov, george rusnak, and greg peters. Gray, lets begin with you. A real yearend field to soma discussions weve been having. How do you have a 2020 call before 2019 is even over . Greg people want to look forward just to look for...