for more i'm joined by ranko berridge head of market analysis at one exterior up in london good to have you with us from your perspective has the fed's done all it could to cushion the u.s. against those headwinds from abroad. i think the 1st thing we have to say is that the most important headwinds facing the u.s. economy and not from a board from the white house the 2 reasons that growth in the united states is slowing as firstly the fading effects of fiscal easing in 2007 change or trying to text cuts and the 2nd of course is the us china trade war so those of both coins growth in the united states slowed now the fed would respond to that slowdown by easing interest rates something 50 basis points this year on the whole that is enough to respond to the current trial that's facing the u.s. economy some members on the phone see argued for another $25.00 basis points and we probably will see another $25.00 basis points this year but unless the u.s. trying to trade war escalates and the u.s. economy deteriorates much further we won't see any more easing than that because probably won't b