but i see katie huberty is out today saying, she sees the deceleration as temporary and attributableo apple care, specifically how much do you worry about that >> i do worry. i think that the deceleration, once it was broken out correctly in the report yesterday made me pause. but -- and katie huberty was the first person from the sell side to really point it out but when she said it's temporary, i'm going to give her the benefit of the doubt, because i think she's one of the closest analysts to apple. so even though it is deceleration and growth, if it is temporary, if it's just apple care, you're going to see that service stream be more and more and more important look, apple's cell phone business is so big, it's really hard to be able to judge what else they're doing but these analysts are so clueless, you would -- if the cell phone business drops off a cliff, then suddenly the revenues from service are going to be bigger as a percentage of the pie and they'll like it more how wrong is that! jim, before we let you go, i just want to recap some of these comments around china and th

and big note on apple from katie huberty.hat stock's next move, we'll do it on the half see you in a bit >> that's the question, scott. we'll see. >>> let's get to the cme rick santelli has the santelli exchange rick >> thanks, jon in order to understand the global funk, we need to see how it all developed i think that's pretty easy in macro terms. the election 2016, for getting politics, look at generalities, the person elected was business friendly that's why the rally ensued long before he was sworn in that hit at a time it was a good catalyst to seed global growth, synchronized global growth that was 2017. 2018, divergence divergence what does that mean for 2019 let me think what do you think the opposite of divergence would be convergence. but the problem is will it happen in 2019 or will it be later? are we going to converge or have a recession to purge before we converge i don't know the answer to that. but let's follow how it all happened the key ingredients with the global slowing first and foremost, since the u.s. i