the president says he trusts his gut. i read your analysis every week and you have a different view about whether the economy is going to bounce back immediately and whether we may hit another ditch come fall. >> after that, i think the economy just goes sideways, treads water at best until we get a vaccine that is distributed and adopted. it's hard to imagine business people investing and expanding their businesses, consumers doing what they typically do until people feel comfortable that they're not going to get sick if they go out and about. it's difficult for me to see this economy getting back on the rails until the other side of that vaccine. and then, john, even after that, it's going to be a struggle because we're going to see lots of businesses fail, bankruptcies, you can already see that in the headlines yesterday with hertz filing for bankruptcy. it's going to take a long time to get this economy back to where it was. >> because of those forces and also because of what i'll...