more on what it may mean for investors and to do that, cnbc contributor ron insana joe duran, ceo and founding partner with united capital and may be rejoined by our steve liesman. at the risk, ron, of sounding like i am gushing, could the economy be any better than this? >> it could always be a little better hotter yes. could it be? >> hotter doesn't mean better necessarily. >> it could mean more inflation or something like that i hesitate to use the goldilocks descriptor but right now, it's pretty close you're at full employment, no inflationary pressures, more jobs than workers. it's a nice position to be in. i think a lot of it had to do with the fed pulling back at the end of last year and not moving forward with this interest rate increases and obviously, look, you have to give the president his due. some of the policies may have a salutary effect on the economy we are where we are and you get the credit and the blame when you're sitting at the top. >> same question for you, joe duran. does it get any better than this >> yes, of course. it can get better, but not something that

. >> all right thank you very much, sri and joe duran. why is he smiling? last week, he sold his company for many, many, many millions of dollars to goldman sachs i hope we can count on you coming back, joe. >> i smile a lot anyway. >> that's just a way to announce the news of your deal with goldman sachs. congratulations on that. sri and joe. thank you. >> more smiley than usual. >> i mean, $750 million in cash. that would make me smile wow. >>> how about the fallout continuing from the trump administration's decision to blacklist huawei chip stocks getting blast. >> the u.s. tech companies breakaway from huawei. let's start with alphabet's google a blow to huawei which relies on andro android's operating system for its phones some of the biggest u.s. suppliers like qualcomm, all of which are down today said to have suspended the supply of chips to the chinese company and it doesn't stop there. while most european chip makers are not subject to u.s. restrictions, germany's infneon, halting opponents and huawei growing the market share despite the fact the d

let's go to greg on that, united capital ceo joe duran. joe, do they go the currency route?her words, devalue their currency because $1 is 00 billion worth of imports is not shabby, but there's only so much you can respond to. >> well, i'm not sure that's the path i would take because it adds a much broader impact on the whole economy. i think what you might see is that they would attack u.s. corporations, make it harder for apple to sell any products, make it hard for ford to sell cars. so they put pressure on the companies. the way to think about this really we've gone from a $20 billion tariff, i consider it a tax that consumers and businesses are paying, it's expanding to $50 billion. and if the trump administration expands it, we're going to go to $130 billion. that starts to really affect things, you know? it's different at 20. 50's okay, and if our president decides to really expand it, $130 billion of expanded costs? that's hard to just ignore. and i think the pressure is the president's trying to make the u.s. manufacturers question whether they should do more work