00:00I think what was it for this pullback it didn't even it turned out to be a correction for the
00:05Nasdaq but not for the S&P 500 but you know the earnings season is up ahead here and I
00:11think it's
00:12going to confirm that the earnings story is remarkably resilient the economy has been
00:17remarkably resilient I mean we've had some weak numbers but I think a lot of that I blame the
00:21weather we had some pretty nasty weather in January and February and the weather in Congress
00:27and the weather in Congress of course yeah you do a good job of reporting on that of course
00:34but all in all I think the economy is is going to handle this pretty well and I'm actually impressed
00:40by the resilience of the financial markets I mean especially with the announcement of the
00:46blockade of the Iranian ports the reaction so far has been pretty muted
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