Will there be a market crash in the second half of 2020? What will global demand look like? We tried to answer this question 1 or 2 months back. My take on it then, was that we’ll see an asymmetric-V recovery in global demand. Or in plain English – demand will fall off a cliff, then it will recover at a slow pace than the fall. So the recovery to Jan 2020 levels will take longer than the fall. We’re now in May, so with the benefit of a lot more data, let’s take another stab at this question. We’ll take the issue step by step, but if all you want is my conclusion, you can skip right to the end. Reminder: We’re running a Labour Day Promotion for the FH Course and the REITs MasterClass. You get a big discount off the usual price, and a 3 month access to Patron thrown in. A great...