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Average duration of a post-war expansion, it's about 5 1/2 years. we're getting near the point in the business cycle where you might naturally expect a recession. the same time, we're seeing very strong numbers and because we're coming out of a hole so deep, there's so hope that we could actually see things really, really take off. >> well, i'm not in the takeoff school, but i'm also not in the recession school. >> huh. >> people say this are just being sloppy. recessions are either brought about by the fed raising interest rates to quell inflation. they would be nuts to do that. janet yellen ...

The same time, we're seeing very strong numbers and because we're coming out of a hole so deep, there's some hope that we could actually see things really, really take off. >> well, i'm not in the takeoff school, but i'm also not in the recession school. >> huh. >> people say this are just being sloppy. recessions are either brought about by the fed raising interest rates to quell inflation. they would be nuts to do that. janet yellen is the not nuts. we won't see that. the other way we get recessions is you get a bubble that bursts. we don't have a bubble. you know, chris, i saw the last one ...

Really take off. >> well, i'm not in the takeoff school, but i'm also not in the recession school. >> huh. >> people say this are just being sloppy. recessions are either brought about by the fed raising interest rates to quell inflation. they would be nuts to do that. janet yellen is the not nuts. we won't see that. the other way we get recessions is you get a bubble that bursts. we don't have a bubble. you know, chris, i saw the last one -- >> you're not shy about pointing out bubbles. >> yeah. i'm not going to miss one. so i don't think we're going to see recession, but i'm also not confide...