>> brendan, why have the markets hung along? >> well, we don't know what's happened yet. one of the things that you and i have been watching and talked about for the last seven years, markets have grown increasingly inured to the possibility of markets. we don't know. we don't know what the result is going to be. >> isn't that stunning that the markets have become desensitized to the words and rhetoric and threats of the president of the united states? it's like he neutered himself. how do you think is this going to play out in the g7? >> it's hard to predict, many of our allies are concerned and they're worried about this. talking about brendan, and trump is o the nixon playbook. we know what happened, nixon shot brenton woods. it's the exact same thing. nixon did it because he wanted