brent is with northwestern mutual management and sundeep. brent sh how much farther does it feel like this market is going to go or do you have a sense of it? is. >> i don't know if you can have a sense for how far it might go because i don't think it bottoms until new cases pique. who knows what the virus is going to do. i've heard a lot of medical experts who don't have an idea i guess the three things i would focus on are that types like these are not the time to sell stocks history shows when you panic, your long-term returns are sub par. the vix hit 59 this morning. if you go back in history, there are only 30 times the vix closed above that and each have given way to positive one-year returns. that may not be a call on the bottom, but i think from an intermediate to longer term perspective, stocks are becoming bet at these levels. >> i agree completely with brent. clearly you favor stocks over bonds for the long-term and the damage has been done the repricing has taken place. this is not going to be a contained event in china we have a