. >> we took call that a technical recession we are probably headed towards one of the monch of marthrtain by the second quarter. some people think we are here already. that ultimately the question is you have an entire year which is a recession parade we think that's less of a chance because we see a bounce back starting in the third or fourth quarter this year. but there will be a recession sometime within this year. gerry: is the right way to think about that, you talk about your v shape in u-shaped talk at the beginning, that we are just going to take a short-term hit and there might be a technical recession as you call it. but the economy has been in pretty good shape for a long time. the interest rates are low, they can't go much lower their most as low as they can go. but does that mean this is just going to be a very short term hit to the economy and we will be back onto the path of growth very quickly? >> that is the big question weighing on markets right now. as of wednesday's close when we have bear territory, essentially telling you lack growth year. what happened on thurs

. >> we took call that a technical recession we are probably headed towards one of the monch of marthrtain by the second quarter. some people think we are here already. that ultimately the question is you have an entire year which is a recession parade we think that's less of a chance because we see a bounce back starting in the third or fourth quarter this year. but there will be a recession sometime within this year. gerry: is the right way to think about that, you talk about your v shape in u-shaped talk at the beginning, that we are just going to take a short-term hit and there might be a technical recession as you call it. but the economy has been in pretty good shape for a long time. the interest rates are low, they can't go much lower their most as low as they can go. but does that mean this is just going to be a very short term hit to the economy and we will be back onto the path of growth very quickly? >> that is the big question weighing on markets right now. as of wednesday's close when we have bear territory, essentially telling you lack growth year. what happened on thurs

lauderdale, florida, for a marth arrival.re still being finalized here and also a side note while we're talking about cruise ships. you remember the diamond princess that was stuck off the coast of japan. researchers tested many of the cabins on that cruise ship and found the coronavirus on surfaces, listen to this, up to 17 days after the passengers left the boat. really interesting find there, reggie. >> that was concerning. i was reading about that yesterday. thank you. >>> two san francisco supervisors are proposing a resolution that would call on governor newsom and president trump to declare a toumorag pay. matt hany said they realize people are struggling financially. >> the thing that they fear more than anything else is what they're going to do when their rent's due, when their mortgage is due and when their bills are due. we have to stand up and make sure that every single one of our residents know that we have their backs. >> san francisco is one of several cities that has halted evictions because of the pandemic.

. >> we took call that a technical recession we are probably headed towards one of the monch of marthrtain by the second quarter. some people think we are here already. that ultimately the question is you have an entire year which is a recession parade we think that's less of a chance because we see a bounce back starting in the third or fourth quarter this year. but there will be a recession sometime within this year. gerry: is the right way to think about that, you talk about your v shape in u-shaped talk at the beginning, that we are just going to take a short-term hit and there might be a technical recession as you call it. but the economy has been in pretty good shape for a long time. the interest rates are low, they can't go much lower their most as low as they can go. but does that mean this is just going to be a very short term hit to the economy and we will be back onto the path of growth very quickly? >> that is the big question weighing on markets right now. as of wednesday's close when we have bear territory, essentially telling you lack growth year. what happened on thurs