it s not in anybody s interest. but i trust this information more than i trust the chinese based on their past behavior over years to abide by sanctions. again trish: they re the number 1 trading partner with north korea. north korea s economy has grown 3.9%. how does that happen if you re number 1 trading partner isn t trading with you? you make a very valid point. i think trust but verify as they say. trust by verify. in china s perspective, putting ourselves in their minds, if they turn the spigot off and no oil flows or no coal goes there, what that means is that the regime collapses and millions potentially of north koreans go streaming into china looking for relief. they don t want that, either. what we have to do with chinese authorities, we re not backing offer. times have changed. they re almost at the end of the road at developing their weapons
trish: just about this time next week, president trump will host g.o.p. leader at camp david, expected to map out the 2018 agenda and discuss how they keep their majority to next year s midterm election. let s go to the former white house deputy chief of staff george w. bush, karl rove, you are a little bit concerned. you cannot take this one for granite a little bit. not at all. let s take the chambers differently, the senate, i actually feel better about. you have to go back to 1914, when we began electing senators on a popular vote. before they they were elected by legislators. you will never see the political landscape favoring the white house party as much as this as next year s does. 25 democrats up, ate
wrong. let s go right now to former cia op mike baker. good to see you, mike. good to see you too, trish. trish: they just signed on to these sanctions. and within frankly weeks of signing that, suddenly we see that they re selling oil to north korea? i ve been spending hours literally working on my holiday i m shocked face. i still haven t got it right. i want display it here on the show. nobody should be surprised. anybody that has been paying attention and watching this drama with north korea over the years i don t mean just the past several months or during the trump administration, i mean for decades. anybody has been watching this can t honestly say that they re surprised at china s behavior. the recent news the past couple days when people were saying according to the information, they haven t sent any oil or coal to north korea? i thought really.
the way of wage growth. wages are barely keeping pace with inflation. you think that changes? i think we get wage growth. that s part of the economic cycle we re in. one thing we haven t considered, the repatriation still in the pipe line. a billion dollars still offshore. the incentive to come back is there. we have a one-time incentive and now the tax rate, this is commensurate with our peers. trish: so you believe in the economic fundamentals and you believe in wage growth. what happens to the dow? we re close to 25,000. numerically, i did a table. we said if earnings per share do leap, which is what we re expecting to $140 a share, we see the s&p ending at 30,000. it s becoming increasingly consensus. we have to consider a lot of this, trish is going to come from fundamentals.