round after that you are hitting, you know, toys, et cetera. this is where the rubber hits the road. this is where the rubber hits the flat screen tvs in december and in september it's going to be the sneakers, the jeans, et cetera. the american consumer is keeping the global economy afloat right now. this is the last thing that you want to do. and, frankly, he's laying out a path to destruction. the thing that also worries me is that chairman powell seems to be internalizing some of what trump is saying. he was talking about the feds responsibility to keep the expansion going. that's like the governor of florida saying that hurricane season is canceled, you know? recessions happen. they're cyclical. trump may have gotten a -- maybe he had some bad luck. but he's turning that bad luck into disaster with this trade situation. >> at the top of the show i was saying that this is a lose-lose situation, that those aren't actually my words. they're actually your words. you said this to me last week. you said this is the worst kind of war because everybody is losing on every front. we will not get the soy bean contracts back that we had with china because they are now getting that soy bean from brazil.