thing. i think we do. joining us now is our dear friend and cnbc editor at large john harwood. let s talk about the market correction, what s caused it. we have the retaliatory tariffs coming from china. we have the president going after amazon. the chaos around the white house. well, we had a 2017 when the markets were anticipating a big corporate tax cut. over time, the market rose. they were reassured that the president was following that particular objective. they got it at the end of the year. once that happened, then the markets have to say, okay, what now? what now is the chaos that you were describing, is the potential for a trade war, is the administration kind of dismantling itself piece by piece, as the president gets rid of some of the cabinet officers who had been tempering some of his instincts, including gary cohn, who opposed the tariffs that the president is now in the
are all up, the lon son ftse 0.7, the dax up 1.05, the paris cac also up and the zurich smi are also up. the euro and the point ready gaining against the u.s. dollar.the dolldollar. the dollar falling against the japanese yen. the waenger yen helped give japanese stocks a boost. the nikkei in tokyo is up. most of the major markets have finished the session higher. in shanghai, the market rose after new manufacturing data showed there may not be a need for any immediate tightening measures. two straight surveys showed china s manufacturing growth slowed in february but still remained at a healthy level.