with. jay powell may be more human than i thought he was with respect to his feelings and being able to be pushed around on policy. i m not talking about president trump s tweet but the market more than anything else. he took some shots i think yesterday at president trump. if you listen closely. bill: what did you hear? he took at least three times during the press conference the q & a part he took the lion s share of credit for the economy. not giving it to president trump or the administration. first question trying to justify only going 25 basis points. the economy has performed as expected. i wouldn t take credit for all of that. he made a similar statement on more than one occasion and talked about the trade issue a lot. in the past the fed have said the trade skirmish with china has had a minimum effect on our economy. now he talked about like it is a big headwind. bill: not just for the u.s. but people around the world.