mr. simpson, long-serving senator during the bush presidenc presidency. >> as we look at those pictures, welcome back to squawk on the street i'm carl quintanilla with davidnnan getting bearish action today, dow down 184 pressure on transports and industrials. the banks are down about 2%. one of those days here, david, where it's only health care and utilities that are in the green. >> and it's usually the banks in particular, given again that inverted yield curve we've been talking about for some time, getting hit. that kind of brings us to our next subject which, of course, is banks and wilfred frost is sitting down exclusively with the ceo of wells fargo, tim sloan. take it away. >> indeed, i am, david thank you very much. tim sloan is with me thank you for being with us. >> good to see you. >> taken a bearish tone in the last three to six months when you talk to your customers and look at all the data you get from them does that match up with that bearish tone >> it doesnot. i talk to our customers it's across the board, corporate, middle market, small business. commercial real estate they will say their biggest challenge is hiring enough people to co