right now, carl riccadonna joins us. you are so good at saying there are two reports, 42 pages, but here's the one thing i am looking at. what is the one thing you're really looking at. carl: the one thing we are going to have to focus on in today's report is revisiting the k everyone was talking about last spring when coronavirus broke out, and also as winter months rolled in, where we saw a re-weakening of the winter wave of the virus, and the well expected categories like leisure and hospitality, retail, whatnot, starting to show signs of frailty as the second wave got underway. this time around, it is obviously the delta variant. we have seen frailty and restaurant bookings, hotel reservations, airfares, it said her, but not a collapse by any means -- it is not what we saw in prior instances, but we are certain to see some fading momentum. we have to filter out two factors -- we have seen some unusual, seasonal factors around education hiring. also take out at the very least leisure and hospitality sectors, then you l