andrew slimmon joins us now.ed investment strategist once told me the year always starts march 31. it is upon us right now with the great reset of december 31, reviews that should be thrown out the window. what is your reset march 31 as you move on? andrew: march 31 will be ugly but not as ugly as it was earlier this month. i think the markets put in a noble rally off of the low and i would not be surprised if we get around here or higher before the end of march, but i do not think we have seen the low for the year. i think there is more pain to come in the second quarter and to the summer before we put in deal. tom: there is a kink where yields helps the banks, helps the markets, and then it does not. you'll gets too high. where that on equivalent 10 year yields? what is the level where it begins to hurt? andrew: you have nailed it. . tom: did i do ok? [laughter] andrew: i think that is the key question. these yield curves -- it is almost like choose your yield curve that fits your narrative. oh, you want to tal