let's go check on the financial markets now for that i'm joined by our financial correspondent conrad burns and he's in frankfurt conrad today actually the end of the 1st quarter of 2020 it started out strong and then we all know what happened after that i mean where do we stand right now. well the german share index the dax is trading 24 percent lower than man at the beginning of this year this is how big the corona reload related losses have been so far this year whether or not the next quarter will bring a strong recovery of stock prices here in germany well it's too early to say at the moment the overwhelming majority of news and statements from companies are scrapped dividends scrapped forecasts warnings about more difficult financing delayed shareholder meetings stuff like this so the news the statements coming from companies the data is not so that long term oriented investors would really want to bay's optimistic investment decisions on them germany's economic advisors also are not so optimistic they're saying recession is now inevitable what's the long term outlook now how long wil