you can add more long-term growth opportunities whether it is qualcomm, broadcom and in consumer and amazon, which is well protected on both ends of the risk. taylor: deutsche bank did a study of 1600 market is up and spared 10% said it was a big topic -- study of 1600 market participants. 10% said it was a big topic. he percent said it will be forgotten by year end. does that line up with how you are thinking? >> it is too early to know. i think one has to wait for the science to tell us. early indications suggest it is more transmissible. anecdotal evidence out of south africa suggest maybe it is milder in terms of the severity i think it is too early. we have to position portfolios for any eventuality. whether it is looking beyond at the strength of the housing market, which look at the pending home sale the came off this morning. get the stocks exposed to that. there are ways to invest around this, keep the exposure down to travel related, service related stocks. the extent to which it is a conversation topic is going to depend on what the science tells us in the next four to six