henry mcveigh, head of global and macro asset allocation at kkr, a global investment firm with roots in private equity. great to have you here. >> thank you. >> let me kick it off with this global story. you're just back from spain, is that right? >> yes. >> and asia. >> asia. >> i want to hear about your trip because the worry out there is that everything is slowing. china was the engine of growth for the world. that's slowing. what do you think is going on out there? >> why don't i start with china, then we'll work towards europe. the message from china is that growth is slower than the consensus. so estimates need to come down. i think the big story is that the export economy in china, they've been the manufacturer to the world. that's starting to slow down. they don't have demand from europe. they don't have demand from the u.s. so i would expect that to start to affect people's perception of china as a growth engine. i still think it will be the single biggest growth vehicle out there, but it just won't be -- if growth was here, it needs to come down. i think we'll go through an

henry mcveigh from kkr joining us. >>> next up on "the wall street journal" report, i'll talk with the chief executive of america's corporate capitol, delaware. >>> the chef born in africa, raised in europe and found a home in harlem. the legendary new york neighborhood one dish at a time. as we go to break, take a look at how the stock market did during the week. we'll be right back. [ female announcer ] it's time for the annual shareholders meeting. ♪ there'll be the usual presentations on research. and development. some new members of the team will be introduced. the chairman emeritus will distribute his usual wisdom. and you? well, you're the chief life officer. you just need the right professional to help you take charge. ♪ ♪ ♪ ♪ [ transforming sounds ] [ male announcer ] transformers. the ride. ride it at universal studios hollywood. >>> more than 60% of u.s. publicly traded companies and more than 60% of the fortune 500 are incorporate the in delaware, a state of 900,000 people. how's business in the first state and how does it impact the other 49. governor markel is with me tod

henry mcveigh from kkr joing us. >>> next up on "the wall street journal" report, i'll talk with the chief executive of america's corporate capitol, delaware. >>> the chef born inafrica, raised in e europe and found a home in harlem. the legendary new york neighborhood one dish at a time. as we go to break, take a look at how the stock market did during the week. we'll be right back. [ female announcer ] it's time for the annual shareholders meeting. ♪ there'll be the usual presentations on research. and develoent. some newembers of e team will be introduced. e chairman emeritus will distribute his usual wisdom. and you? well, you're the chief life officer. you just need the right professional to help you take charge. ♪ this bridge. your new car probably rode thesed rails. that shipment you just received was tracked by satellite. we build and maintain. we invest and innovate. so we can deliver what america needs. this year alone, freight rail companies plan to spend twenty-three billion of their own money, not taxpayer dollars, to build bridges, maintain track, and develop new techno