 Ludovic Subran, Chief Economist at Allianz, speaking from Germany. Thank you very much. Thank you for having me. And Ludovic Subran was speaking there with Marketplace's David Brancaccio. Let's do the numbers. S&P futures are up 0.2%. NASDAQ futures up 0.5%. Dow futures down 0.2%. 62 points. The yield on the 10-year Treasury is 4.187%.