trump's selection of some of the trade personnel he picked, particularly pete navarro in my neck of the woods, california -- trish: beats up on china. >> that's not mark. that's a deeply ideological idea. gar require many important to remember if the infrastructure perhaps are put into place, they will be financed with debt. and we'll need comiena to buy a lot of that debt. so the relationship could be a somewhat -- somewhat non-harmonious relationship. but the banker needs to get paid. they need us to succeed if they want their payments. gar report he merging markets, do you find that an attractive opportunity? >> we do. when the commodities cycle started to turn, you have got pro commodity producers and users. india and china benefit from falling oil prices. they have grt demographic. young, growing open layings. that's where you will create wealth. so we like that. we like the valuations. they are cheap. if you look how cheap chinese and russian equities are. gary: brazil, russia, india and china. >> we are excited about argentina politically and economically is astounding. you look