he also oversaw the merger between painwebber and -- you told us that the s&p 500 could fall 20% in donald trump becomes elected president. is that becoming an increasingly high probability? >> i doemen't recall saying. that i did say it is vulnerable for a 10% to 20% drop. the market is up 9.5% since march when i said that. primarily because of the united states being the safe haven. we had $400 billion come into the u.s. you had buy backs of 5 will $89 billion for corporate america. that's kind of buttressed everything. i'm more concerned today than i was then. primarily because of the isis situation. the people are employed by tourism. i can see europe going into recessi recession. france has will 80 million tourists a year. italy, 48. this could be a big, big problem if we don't address it. now relative to clinton and trump, i think director come undressed her to honesty and statements in the past. he didn't want to go down as the individual in history to bring her down. did he hurt her. add to that e-mails from the dnc. very problematic particularly with sanders' people. trump is grow