we need to hedge our bets about diversification. >> christina, thank you so much as always, christina hooper with invesco. bill? >> thndk you. >> on the last day of this first half, a new report shows inflationas in fact hit the feds' target of 2%, the first time the so-called psc index, which is inflation gauge, first time it hit that amount in six years. it had moderation of consumer spen spending, though. a 2% growth last month. that was below expectation and consumer spending is watched becaus does account for more than two-thirds ofo u.s. ecic activity. >>> according to the university of michigan inde americans a feeling better about the current state of the economy. but details of that report were mixed. americans expectations about the future with many citing trade and tariff concerns. >> and those trad kengtensions e ratcheted up today when canada said it was moving ahead with on tariffs u.s. products. taylor is in washington for us tonight. >> reporter: one month after ariffs were put on steal and aluminum in the u.s.,ad c said they were striking back. >> we are acting very much on