week on wall street. that volatility because of new recession fears. take a look at the dow right there. the big board up 271 points there. a better day following steps both in europe and china to stimulate growth. but the bigger challenge remains. can the trump white house and beijing settle a trade war, or will new tariffs be added by both powers later this year? now add this complication. just today a white house blessing of the biggest u.s. arms sales to taiwan in years, including new f-16 fighter jets. that is certain to anger beijing as the already delicate trade talks resume. aides describe the president is concerned about the market volatility and about talk of a potential election year recession. but at a campaign rally last night, optimism from the president and you might call this a warning of sorts. the united states right now has the hottest economy anywhere in the world. wages are rising, and you know who s the biggest beneficiary? blue collar workers.
and you can t control the other variables, you wish and hope that you could, but in the end, you can t. governor, the straw poll in iowa obviously was a turning point for you, you dropped out of the race the day following, it doesn t have any significance in terms of delegate selection, it s symbolic, but it s extremely expensive. you spent a lot of money there, a lot of effort there, then if you can t win, you said, you didn t see a pathway forward. is the iowa straw poll becoming too much of a challenge and maybe becoming irrelevant or see that it has a place in the future of the republican process? well, i think what you saw during this campaign so far a lot of these straw polls, iowa, being one of the earliest and prominent, a benchmark, but for us we put down a lot of chips early on that aims straw poll and as it turns out. three days later, a week later, the media, pundits, observers, the voters moved on