with me is jane foley who's senior fx strategist at rabobank a lot has been happening.causes an envelope, there has been happening, it is best summed the tweets that the us president has said, and one that caught my eye and in respect to how he perceives the us responsibilities internationally, he seems to be saying that he is more interested on the southern border on the border with mexico and he says that anyone even napoleon should be responsible for some of these foreign issues. so some of his own republicans have been saying this is a dereliction of duty, the international press generally saying because of the chaos that hasn't an suedin because of the chaos that hasn't an sued in northern syria because of the withdrawal of us troops that have had from several prison camps and isis fighters, escaping, it up clear, it's quite vague with a note is various prisoners 0is fighters but that is creating another wave of apprehension about what could then happen, we going to have another increase in isis related crimes? so a huge amount of assets to the story. so many facet

with me is jane foley who's senior fx strategist at rabobank a lot has

let's talk this through with jane foley, a foreign exchange strategist with rabobank.eem the clock is ticking furiously. today is tuesday and we have the eu summit on thursday. we do indeed, but we have some more supportive headlines. cautious optimism is what we are being told today, that is better than what we we re today, that is better than what we were told over the weekend, still a lot of work to be done. the talks that happened yesterday clearly were constructive in nature, but we don't know exactly what, if anything, the compromise could be about the irish border, which of course is the most difficult and most sensitive issue in the brexit negotiations. yes, we have been hearing that they have been compromises on the side of borisjohnson been compromises on the side of boris johnson and the been compromises on the side of borisjohnson and the government, the uk government's proposals for how goods will cross that contentious border. yes, so we have been told hybrid compromise customs arrangement. now, what precisely thatis, arrangement. now, what precisely that

ed: a quote in the story over the weekend where we have someone from rabobank saying, " the frustrationdoes not does appear. it is difficult to invest." lori: what really rattled people was late august, early september, when we had that sudden style shift, and the momentum trade broke down. there was consternation about defensive areas breaking down, but the heart of that was some of these tech areas. when you say it's been too easy for too long, buying the secular growers because we don't know what is happening globally, that has been an easy call. but when you look at ownership, skyhigh overweights relative to the broader market. if you look at the hedge data for q2, to me, that is the area you want to hold your nose and sell. alix: it also raises the question for what is the panacea for fixing everything? the glass actually looks pretty empty rather than half of day, to be. the trade war stuff has been an irritant as opposed to the underlying call. the economy running out of road in the u.s., running out of capacity, running out of labor. i just don't see any major reason why some im