EXCERPT:
BERNSTEIN: "You know, in a couple of questions, you've asked me to look out pretty far and I got to say that the uncertainty margins around these -- these forecasts are really uniquely are large. I do think that there are, but I'm not going to evade your question too much. I do think that there are real headwinds in play, that, as President Biden has said, certainly make a recession, not inevitable by a long shot.”