now, the offset up to this pbent ha a strong earnings story right. >> but now that there are holes in tt in terms of the profit margins. you have a tightening the monetary policy and rising interest rates with peak in profitargin that confluence of events is causing the volatility >> and that's why you think -- we saw this the beginning of earnings season when the banks reported blowout numbers and the stocks went down that's going on here. >> youing look at netflix. grea quarter, big upside in the subscriber numbers and a good day and gave it back. it's been earnings strength that hasse o the monetary drag. and now maybe we're losing some of that support. >> you know, geoff, talk to me about the recession indicators that you're looking at.my i mean the eco to people on main street and elsewhere seems to be really chewinglong quite nicely. why are you worried about a possible recession? >> you know, there is good and maybe too good. one of the things i like to watch is the difference betweene the unempl rate and the inflation rate. you know, historically those two are usually pretty f