earlier today that helped drive the market higher, as well as the fed's interest rate increasing regime that it's going through right now which is concerning people who are trading equities about what that could mean, about kind of an asset revaluation as a result. >> i'm curious to get your thoughts on the president's comments today. he told reporters during a cabinet meeting that last month's losses in december were, quote, a glitch. he's expecting a little more positivity with possible trade deal with china if that ever gets worked out. do you think that wall street will share that view that the president articulated today? >> so a glitch, it emanates this idea it was an electronic malfunction. there was no such thing we saw last week. we saw prices go up, prices go down. as far as we know and we've checked with sources and algorithmic traders, that is not what caused the swings. >> probably more of a metaphor for the president than technical