Well, there is very little concrete data so far. So most of the activity is based on emotions and gut feelings. This thing could go several different ways. The social distancing measures at some level will probably go on for 12-18 months until a vaccine is widely available. That hurts a lot of industries. The heavy handed lock downs will likely follow the Chinese timeline of 4-8 weeks but the Chinese lock-down was much more harsh and so it's still unclear how effective the US lock-down would be, it will likely be lifted very gradually with a lot of restrictions remaining. I fully expect for at least 12 months, even if international flights resume the countries will require arrivals to quarantine for 14 days, this action pretty much destroys any international tourism for the next year. The response of government is also unclear, QE to the moon and beyond is a possibility but actual details are tricky. There is also the question of how damaging this whole episode is to consumer confidence, business confidence. This could cause a significant damage simply because of spending and credit in whole industries drying up. We will only see this as new data is collected and earnings are reported in April and June. Unemployment claims in the US could very well be in the 40-50M range in April, has the market priced it in?