going to our guest, tony ross. the debate is moving markets it is interesting. like to question all of these men and say, how do you know if something is overvalued when we don't know what the economy will look like in 6 to 12 months. what do you think? >> that's a great point. by the way, with all due respect for bill, the consensus is coming down quickly. we are probably looking at $125. when you think about where multiples are much higher than indicated. to your question, brian, we have to understand what is going on in the real economy. we are expecting to see in the second quarter gdp down 40%. four-zero. when you think about the contest of reopening states, even if we had gray income, we are still looking at the level 20% below where we were last year for the rest of this year. on top of that, best case, we don't expect to see a vaccine until the middle of next year, we expect to see significant improvement that is not realistic. on top of all of that, we need to see a fiscal response that will extend what we will see we will need another $5 $10 trillion t