still with us, peter schaffrik.nk you for sticking around. richard, there are a million angles we could explore given what we saw the last 72 hours but how quickly will output from saudi aramco come back online and how quickly can we be sure it stays online? we are having a couple of technical difficulties so we will get back to richard and a second. we were speaking to one of his colleagues, the main question of how quickly they can come back online and whether they can actually defend it. if you are jay powell and look at this, and you were telling me clearly, it does not have much of an impact on the market expectations because market expectations were already diversion from a be what the fed wants to do. if they cut further, are these insurance cuts or are they late to the game? peter: as far as the fed is concerned, they are insurance cuts. when you look at the u.s. economy more broadly, you see one part of the economy, the manufacturer sector is in dire straits. the big question is whether they will get spillo