Tim Buckley: John, as you know, our clientele really like listening to from Joe Davis, our world wide chief economist. But they only hear the area of his outlook. You get his full in-depth analysis and you get to debate it with his group. So give us a window into that. What do you men do? What is your outlook right now and how are you putting it in movement with our resources?
John Hollyer: Indeed, Tim, at the best amount, doing work with Joe, we have gotten his team’s insights that this is very likely to be a pretty deep and pretty sharp downturn—really, historically large. But also, that it’s very likely to be reasonably small-lived. And that will be as the economy reopens and importantly as the benefits of fiscal and financial stimulus bolster the economy, primarily creating a bridge throughout that deep, small hole