ken leon, what does zelle mean for brian moynihan, jamie dimon, and the rest? you definitely want to be a player and take advantage of how society is changing behavior, how they shop and how they spend. but do not get distracted. i don't think brian moynihan and management at bank of america that a fiscal presence will help them. for the delayed rebound of the consumer for banking and small business, small business loans, they come to a local branch or to a financial center. we are also seeing market share gains of the large banks and even the top 100 metropolitan markets in the u.s.. it is kind of a boring strategy, but incrementally that is going to help them especially when we see a pickup in loan activity. unfortunately, that is with confidence in 2022, not for q3 of this year and maybe we get a glimpse of that later this year. jonathan: that comes down to what is happened on the fiscal side to get a decent read on what is happening with loan growth? ken: so much of the catalyst for loan growth is really the consumer. it is not commercial or corporate. they

ken leon to get his reaction ken, what do you think it looks like the stock is down a little bit it looksit is great to be here. i think the market wants to know if the consumer is back. jpmorgan chase gets 85% of the revenue from consume r and investment bank. jpmorgan chase is a bellwether becky, on the quality of earnings, i wish i could see whether there were any loan loss reversals from the reserves. that will hone in on the quality of the earnings. i think this is probably going to be a solid quarter as reported >> you know, there had been all of these thoughts that the banks had done well in terms of controlling what they could control. we watched them release the loans they satisved up for the d loans that never showed up banks have been pretty good of passing the stress test from the fed. a lot of good news baked into this the question becomes what happens now? especially when you look at the declining yields fortress ris. is this a case where valuations have built in? jpmorgan chase is built in versus the s&p 500 you had stocks that run up along the way, too happen but stocks ha