Aggressive approach to u.s. agriculture products. a spokesperson for the commerce ministry saying, it s agreed that the customs tariff commission of the state council will not rule out import tariffs on newly-purchased u.s. agriculture products after august 3 and chinese-related companies have suspended purchasing u.s. agriculture products. neil, i m sure you ll get into the numbers and talk about what it means. let me give you and leave you off with one number. 38. 38 days ago is when president trump and president xi met in osaka. 38 days is in the rear view mirror at this point, neil. neil: thanks, blake, at the white house. another one before we get to a guy that has seen recessions and hits and big drop-offs. teddy wiseberg. this is where people were
How do we put these things together? let s ask market watcher, melissa armo and teddy wiseberg. i ll never forget years ago when it was worse than this. i said what are you doing? he said i want another seat. so in the teeth of death, you faced it bravely. should we do the same thing again? s seen so many near death experiences, charles, that after a while, it gets boring. the fact is, it hurts every time. unfortunately you never learn from your mistakes. you know, i m not sure where we are here. but clearly this is in a big sense, the case of sell-out in a good news, buy in the bad news. the good news the economy is doing fine. what are we going to do for an encore? we re faced with rising interest rates. a lot of geo political and domestic unknowns. plus, the mid-term election.
The two elected leaders are meeting and going from there. teddy, 15 seconds. you re suggesting a long-term bear market possibly? no. what i m suggesting is the markets have always been a forward-looking, not a trailing indicator. you can t argue with anything your other guest says except that everything she says in my opinion to a large degree is already priced into this market. we re now going back to normalization, whatever that is. interest rates are going up. money is leaving equities, going into treasuries or money market instruments. it s not the end of the world. the low-hanging fruit charles: thanks very much, folks. president trump on tape. i want to compliment law enforcement for having done an incredible job. the fbi, secret service, so many. i mean, they just got together and did a fantastic job. like finding a needle in a