joining us now is dallas fed president and fed voting member robert kaplan.resident kaplan. >> thanks, sara. >> we had a big growth spurt in the economy and now appear to be slowing again. how slow do you expect the company to come down now with this virus surge >> we have been growing, as you point out, since april, that growth has been moderating and we could get to the point, depending on how significant this resurgence gets, that growth would actually stall out either by the end of this year or into the first quarter. the positive news is over the horizon with a vaccine we expect very strong growth next year. i think the next three to six months is going to be challenging. and it appears to us that growth is decelerating and that this resurgence keeps heading the wrong way, which it is, that slowing and deceleration could get worse. >> does that mean that the federal reserve should step up and do more in terms of stimulus >> i don't know about that economic conditions, financial conditions are very accommodative. the one area is if you're a small business

economic data manufacturing is going strong, but easing off high levels we are going to talk to robert kaplanbout what else will you be watching >> i want to see what the market does navigate things when you are in this position where the people have given the stock market a lot of credit for foretelling better times down the road that's why current numbers don't matter much. the fed is a given that will be supportive powell told you that today the mechanics of getting to that place and how much the stock market has already front loaded that >> the dollar was weaker, down almost a full% we are out of time thanks for watching. "fast money" starts now. >> i'm melissa lee and this is "fast money. our newest fast money trader james mcdonald special welcome to james hope you know what you are getting into stocks tumbling after hours on salesforce after they announce plans to buy slack and bio stocks going wild. trading more like bitcoin than biotech. >>