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I've Got You Babe.
The normal bear market is called a third. This is historically I've included 2022 at about 25% and you can see what each recession brought about in the form of lower stock prices on the right. What happens to earnings? I've not penciled anything in for 2022 because as Michael correctly pointed out they're basically flat. From a price standpoint from a price standpoint You're about ever we haven't even had the recession yet. That's the problem that's why people are so freaked out. We know this Guys yeah, it was a little bit of a mess is like a method here. First of all, they're not stapled Second of all There'slike a method here