. >>> good afternoon welcome to the "closing bell," everyone i'm wilfred frost. i'm here at the disney post today. that stock was leading the dow to record all-time territory, but the rest of the dow now letting disney down. all three of the major indices are just below record closing territory. >> and i'm courtney reagan in today for sara eisen let's take a quick look at what's driving the action today. the president blasts the fed and calls for negative rates here in the u.s. but fails to offer any new details on trade negotiations with china. as wilfred mentioned, the dow, s&p, and nasdaq set new record highs, but that lack of clarity has stocks faltering here into the final hour and we did get some strong earnings from industrial names like rockwell automation and speaking of the president's speech, we will have the first reaction from the white house right here on "closing bell. a live interview with top economic adviser larry kudlow in just a few minutes from now. and we will ask him for some clarity on china and the status to have the trade negotiations jo

wilfred frost sitting down with mr. jpmorg jpmorgan they were in london and talked about a bunch of things among them wework. here's what dimon had to say when asked if jpmorgan had misled wework and its former ceo adam neumann in terms of the valuation that the company could achieve. >> you don't know the private advice we gave him or the company. and when it became a problem, jpmorgan did what it always did. in fact, we got a letter saying, no, you exactly what jpmorgan does when a client has a problem. you rolled up your sleeves and tried to find a solution at the end of the day, we did. we offered them a bought, fully financed kind of deal that can get them to the next stage of the life and i think they'll have a future life. and we want them to do that. we don't want to have to lay off 14,000 people with bankruptcy or something like that. but a lot of lessons to be learned by everybody along the way and i have learned a few myself >> what have you learned, in particular >> some we knew before, but i think companies

. >>> good afternoon welcome to the "closing bell," everyone i'm wilfred frost.isney post today. that stock was leading the dow to record all-time territory, but the rest of the dow now letting disney down. all three of the major indices are just below record closing territory. >> and i'm courtney reagan in today for sara eisen let's take a quick look at what's driving the action today. the president blasts the fed and calls for negative rates here in the u.s. but fails to offer any new details on trade negotiations with china. as wilfred mentioned, the dow, s&p, and nasdaq set new record highs, but that lack of clarity

. >>> yes, it does welcome to the "closing bell," everyone i'm wilfred frost. uber, comments from the ceo coming up. dow down six points. 59 minutes left of trade. >> i'm morgan brennan in for sarah eisen. reports of a possible delay in the signing of a phase one deal. data taking a bearish turn as u.s. productivity dropped for the first time on a quarterly basis since 2015 and one bright spot hp rising 8% on news xerox made an offer to buy the company. josh brown, wealth management. josh, great to see you today. >> what's going on >> s&p and dow basically hugging the flat line right now, taking a breather, i guess you could say, from the record run we saw earlier this week. >> i think you nailed it that's exactly what i see going on indices are stalling out given the run-up, i don't think, should be a huge surprise. rates are higher, which is interesting. lot of the big winners of the year, like iyr, xlu. anything rate sensitive also taking a breather. xlf is falling out, the financials indexing etf got above a 70 rsi for the first time in i can't remember how

kayla tausche has the latest for us hey, kayla. >> hey, wilfred.euters report, meantime i've been able to talk to four people who are close to talks, who suggest that the deal is in trouble because there is not an agreement between the u.s. and china, even at this stage, on which tariffs would go and which tariffs would stay, that there had been a proposal by china that any sort of tit for tat would need to be proportional. the u.s. wants china to remove more tariffs than the u.s. is willing to remove on chinese goods and therein lies the problem. one of these people close to talks suggests that tariffs scheduled for december 15th are on track still to be shelved that those should be averted at all costs. of course, the hardest part in this process has been selling the president on that argument wilf >> kayla tausche, thank you. liz, going back to the conversation we were having, what'spriced into the market here, complacency or lack thereof, how should investors be positioned is it time to take profit in semi conductors that are tied to trade? >>

. >> wilfred, a week away from when the white house wants to sign this phase i china deal and tariffs have been a persistent sticking point china said and u.s. officials confirmed that there had been an agreement on a scheduled rollback of tariffs. but today president trump said not so fast. >> well, they would like to have a rollback i haven't agreed to anything china would like to get somewhat of a rollback. not a complete rollback, because they know i won't do it. but we're getting along very well with china. they want to make a deal frankly, they want to make a deal a lot more than i do. i'm very happy right now we're taking in billions of dollars. i'm very happy >> so president trump holding his support out until the 11th hour, but after the two sides agree on those tariffs, that is when they will discuss where to sign a deal, which has been the subject of much speculation. morgan and wilf. >> the fact that the apex summit is not going ahead, does that allow them a little bit more wiggle room, a little more time to make sure they iron out the remaining disagreements were orr do y

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i'm wilfred frost. walmart that stock hit a fresh high earlier in the session but it slipped now down a fuel percent. broader market they are essentially flat with 59 minutes left to trade. of course hovering around their own fresh record highs >> i'm morgan brennan. let's look at what's driving the action trade concerns remain in focus china's ministry of commerce said both countries are still holding in depth discussions new data showed the biggest rise in producer prices in six months and a mixed bag for dow component earnings joining us for the hour is stephanie link great to have you here i think that's exactly where we should start we had earnings from walmart and cisco. cisco is the drag on the dow how would you characterize how it reflects back to the broader market >> last quarter the same thing happened where cisco disappointed and walmart posted a better than expected number. this is what this economy s-what this market is enterprise spend is weak on trade concerns and uncertainty and that's

scott and melissa, thank you i'm brian sullivan in for wilfred frost again today. welcome to "closing bell." we are at the post of the stock of the day that is under armour they're facing a doj and s.e.c. inquiry. what exactly went wrong at one of america's formerly fastest growing consumer companies we will dive in. >> and i'm morgan brennan. let's see what's driving the action for this today. lack of bad news around china as the trade continues to fade into the background from ferrari to berkshire hathaway and mcdonald's is the biggest drag on the dow. coming up on "the closing bell," uber results are after the bell. and we will have a live and exclusive interview with the ceo of the company dara cache sha hee you don't want to miss that in one hour keith, great to have you here. >> great to be back with you >> another record day of highs for the s&p and nasdaq and now the dow which we haven't seen a new record for the dow since mid-july >> i think we trade higher into the end of the year for lots of things going on. if we start getting capex where things are goi

. >> how are you, wilfred? >> very good, indeed. >> good. >> markets, as we look at things now took the fed conference fine but a bit put off by the trade headlines. >> we made a new high yesterday and today briefly. you take a look at the constituency making up that new high it's very encouraging for people who look at things like internals. xli is hanging in there, all-time highs xlf has closed higher in the last six sessions closed higher than the open. this is very constructive activity stocks are being accumulated then you think big picture what's driving the averages? the two biggest stocks in the world, apple and microsoft one is up 70% year to date, apple. new record high today. the other one is at 47% year to date so with that backdrop of both leadership from the biggest stocks and then having all these sectors that haven't done much for years starting to break out to new highs, it's hard to look at every little minute detail that comes out in the trade talks or something the fed says and try to decons

. >> we do, indeed good afternoon i'm wilfred frost. let's take a look at what is driving the action this afternoon. president trump threatens higher tariffs if china does not make a trade deal kohl's, macy's nordstrom's, sharply lower. and while that might be a red flag for the u.s. consumer, housing data rebounded with building permits at their highest levels in 12 years we are set once again for record time close on the nasdaq anything positive, of course, is a record the s&p has just dipped negative the dow has been negative for most of the afternoon. joining us for the full first hour of the show, steve weiss from short hill capital partners steve, very good to see you. how you doing? >> good to see you >> what stands out as to whether or not we're going to issee a meaningful move higher or lower? >> it's all about trade. home depot's announcement aside, which wasn't terrible -- >> wasn't terrible or was terrible >> was not terrible. and the stocks appropriately are saying, there's lots of people buying it into the earnings. and ho

crsystal palace had looked like coming away with a point after wilfred zaha had equalised a few minutes30 games unbeaten in the premier league. you cannot have the run the boys have had so far if you only when brilliant games. i liked a lot of the performance, not everything, but i know why some things went there. and we will work on that. manchester city responded to liverpool's win by coming from behind to beat chelsea 2—1 at the etihad. riyad mahrez struck the winner to move the champions above chelsea into third place. but they're still nine points off the top of the table. pressure continues on arsenal head coach unai emery after arsenal rescued a point to draw 2—2 with southampton. everton‘s struggles continue — they lost 2—0 at home to norwich — who move off the bottom of the table. elsewhere there were wins for wolves, leicester city, and burnley. celtic thrashed livingstone 4—0 at celtic park to extend their lead the top of the scottish premiership. leigh griffiths made his return for celtic. the scotland striker played the final 22 minutes, three months on from his last appear

and it looked as if wilfred zaha had rescued a point for palace when he equalised, but roberto firminhor. liverpool's victory means they've now gone 30 games unbeaten in the premier league. so, the pressure remains on manchester city, who played chelsea at the etihad tonight. nick parrot was watching. to win titles, you need to perform under pressure and with liverpool winning earlier, it was definitely on manchester city. josie came to the every up trying to avenge a defeat from the last visit and extend their league away from home. think them off to the perfect start. having played for city manager frank lampard should having played for city manager frank lampa rd should have having played for city manager frank lampard should have known it was too soon to celebrate. the champions feelings this season have been in defence, not an attack and they soon brought them level. but i would not be enough, this was a must win in city were all in, showing chelsea they had much to work on and defence as well. it could have been three before half—time, fortunate that sergio could only spare his bl

wilfred ndidi came even closer after the break.ved an opening but the nigerian could only hit the cross bar. arsenal then had a goal ruled out offside before jamie vardy finally found a way though for leicester and scored his eleventh goal of the season. it pretty quickly got worse for the visitors. brendan rodgers‘ side were in complete control and james maddison doubled their lead...2—0 to leicester it finished. a fourth consecutive premier league victory. well chelsea were briefly second themselves earlier this afternoon, after their 2—0 win over crystal palace. they're now 3rd. it was their sixth league win in a row— the first time they've done that since they won the title. they move to within five points of leaders liverpool who play city tomorrow. paul frostick reports: five premier league wins in a row for chelsea left them in good shape heading into this fixture with crystal palace. and after an incredible midweek champions league comeback, they were full of confidence. despite a first half full of attacking threat, it wou

congratulations, kelly, we'll see you soon thanks very much hey, everybody, i'm brian sullivan, in for wilfred frost today. and we are on the floor at the nyc. this is a bellwether, economically sensitive, china sensitive, and oh, by the way, it is up nearly 4%, rallying like the rest of the market. hey, we could be on pace to new records. we're going to find out, courtney reagan, in about 59 minutes. >> thank you, brian. i am courtney reagan in today for sirera iara eisen. what recession a better than expected jobs report started the morning with an optimistic tone china says it has reached a consensus with the u.s. in this week's trade talks and exxon ticking higher along with industrials and financials. and in just a few minutes, the actor who plays logan roy on hbo's "secession" will join us on the cutthroat world of media competition. he's going to be right here at post 9 joining us for the hour is kara fineman. here we are sitting basically at the highs of the session i found it really interesting that yesterday the markets got pretty derailed by worries that the trade talks weren't goin

scott and melissa, thank you i'm brian sullivan in for wilfred frost again today.post of the stock of the day that is under armour they're facing a doj and s.e.c. inquiry. what exactly went wrong at one of america's formerly fastest growing consumer companies we will dive in. >> and i'm morgan brennan. let's see what's driving the action for this today. lack of bad news around china as the trade continues to fade into the background from ferrari to berkshir

. >> i'm wilfred frost let's have a look what's driving the action potential roll back of tariffs betweenhs but now cautious headlines took a little bite out of those gains. trade bellwether

i'm wilfred frost. let's look at what's driving the action today strong economic data another positive signal from business and the consumer. stop me if you've heard this before but investors remain bullish. we are on record close watch for the three major averages, as we stand, the nasdaq and s&p pretty comfortable. the dow just higher, though, by only 0.1%. industrials the only sector in the red. consumer discretion. joining us, josh brown from wealth management. >> well done. >> what did i say? >> i'm not sure. it was cute. >> i got close enough. >> let's stay on track nasdaq, dow, s&p. >> with almost nothing in the red at all. >> it's bigger than that 52-week highs for the slf. bank sector. very, very key incredibly bullish consumer sector spydr. look at the usual suspects, xlk. off the radar things that are happening that's really interesting. this might be because enough tax law selling has already occurred or traders are anticipating the end of that. some of those high-profile ipos that blew up t

you can see an immediate reaction >>> good afternoon welcome to the "closing bell," everyone, i'm wilfred frost. i'm here at the charles schwab post that stock moving higher on reported acquisition of td america that will shake up the financial industry up 7%. also all over the broader markets which recovered. essentially flat now with 59 minutes left to trade. >> i'm morgan brennan. let's look at what's driving the action today a murky outlook on china trade negotiations another retail report. macy's is today's laggard. weaker labor and manufacturing data adding to the case for a slowing economy. joining us for the hour, stephanie link great to have you. what do you make of this market right now? >> i have fatigue over trade i really do. it's impossible every day it changes. so i'm trying to ignore it and focus on fundamentals. today i thought we got some good data on the economy. the philly fed better than expected vince were better than expected meaning he they went own maybe we're bottoming. let's see the flash pmis tomorrow existing home sales up 5% year-over-year good consumer, let'

i'm wilfred frost.mart that stock hit a fresh high earlier in the session but it slipped now down a fuel percent. broader market they are essentially flat with 59 minutes left to trade. of course hovering around their own fresh record highs >> i'm morgan brennan. let's look at what's driving the action trade concerns remain in focus china's ministry of commerce said both countries are still holding in depth discussions new data showed the biggest rise in producer prices in six months and a mixed bag fo

i'm wilfred frost. here at the snap post, it's up 150% year-to-date.ming up, we've got exclusive comments from the ceo and founder, evan spiegel. the broader markets are higher, only slightly, 30 points or so on the dow, but anything positive is another record all-time closing high with 59 points left in the session >> and i'm morgan brennan in for sara eisen let's look at what's driving the action today the mood in beijing about a possible trade deal with the u.s. has turned pessimistic. a source tells cnbc that trade uncertainty weighing on oil prices and bond yields today and new data sho

i'm wilfred frost. prrp says the u.s. is in the, quote, final throes of its trade

you can see an immediate reaction >>> good afternoon welcome to the "closing bell," everyone, i'm wilfredre at the charles schwab post that stock moving higher on reported acquisition of td america that will shake up the financial industry up 7%. also all over the broader markets which recovered. essentially flat now with 59 minutes left to trade. >> i'm morgan brennan. let's look at what's driving the action today a murky outlook on china trade negotiations another retail report. macy's is today's laggard. weaker labor and manufacturing data

. >> i'm wilfred frost let's have a look what's driving the action potential roll back of tariffs between u.s. an china sending stocks the record highs but now cautious headlines took a little bite out of those gains. trade bellwethers helping lead the charge and treasury yields surge as markets are at record all time closing high territory for the major averages joining us for the hour, stephanie link good afternoon to you. today is what trade headlines that push us higher but with that rise in yields is improving sentiment. >> three thing it's trade and obviously the roll backs on tariffs. potentially. we'll have to see how that works out. earnings earnings are better. 2% better than expected. not great. flattish overall but next year even though numbers have come down still looking at 10% earnings growth. maybe the story is third quarter, fourth quarter is trough in earnings and most important to me what is driving the risk on trade is global growth stability if you look at german factory orders, you look at german pmi services yesterday, you look at italy's pmis, they are not great bu

. >> we do, indeed good afternoon i'm wilfred frost.a look at what is driving the action this afternoon. president trump threatens higher tariffs if china does not make a trade deal kohl's, macy's nordstrom's, sharply lower. and while that might be a red flag for the u.s.

i'm wilfred frost.tion today strong economic data another positive signal from business and the consumer. stop me if you'v

too we have 59 minutes left until we put this trading week to bed >>> i'm carl quintanilla in for wilfredst. we've got some positive comments from both washington and china, calling investor worries over deal negotiations the data pretty good today, as manufacturing and sentiment beat expectations the nasdaq is set to set a

i'm wilfred frost. prrp says the u.s. is in the, quote, final throes of its trade negotiations with china. mixed economic data as consumer confidence falls, but housing market remains mostly steady and disney rallying on two positive notes, which has helped them propel the dow higher. we are on record high watch once again for the major indices. joining us for the hour, barbara duran from bd8 capital partners. barbara, how do you feel as we sit at these record highs. can we hold this momentum through the rest of the year >> i actually think we can normally, i've been very skeptical. i really thought we would just be in a trading range and unlikely to see new highs. but i think we've got one or two new highs left and it's not just optimism over the china trade partially being resolved i think it's also, unlike last year where people were rushing for the exits, i think this year, they're rushing to get in, because you've got the performance issue. the market is up so strongly and i would suspect most active managers are und

we won't but we will do our best to deliver the action packed show welcome to "closing bell" i'm wilfredn the biggest day for retail up at the wal-mart post. up 0.15% 59 minutes left to trade the rest of the markets down slightly about 0.2%. >> and i'm contessa brewer in for sarah eisen. looking at what's driving the action we are retreating a bit from the all-time highs in equities looking to close out marginally lower. the s&p up more than 25%

congratulations, kelly, we'll see you soon thanks very much hey, everybody, i'm brian sullivan, in for wilfred are on the floor at the nyc. this is a bellwether, economically sensitive, china sensitive, and oh, by the way, it is up nearly 4%, rallying like the rest of the market. hey, we could be on pace to new records. we're going to find out, courtney reagan, in about 59 minutes. >> thank you, brian. i am courtney reagan i

. >> i don't like the music, morgan, we're going clubbing i'm brian sullivan in for wilfred today.look pat what is driving the overall action and those new numbers, like morgan just talked to you about you have reports out there that the china and the u.s. are ar

. >>> wilfred frost talked to jpmorgan ceo jamie dimon in an exclusive interview last hour.about adam neumann and the leadup to the scrapped ipo take a listen. >> there are lessons to be learned about the valuations, how you go public, how you treat the public shareholder, et cetera those lessons should be learned by everybody that wants to go public. >> do you feel sorry for adam neumann in all this? >> i'm not going there, i don't know >> but he was advised by some, including your bank, that a high valuation that has currently been achieved was possible so is there some level to which he was mislead by some advisers like jpmorgan and morgan sacks. >> you don't know the private advice we gave him or the company. when it became a problem, we got a letter, being criticized, no, you rolled up your sleeves, tried to find a solution at the end of the day, you offered them a fully financed deal that can get them to the next stage of life i think they'll have a future life want them to do that only 14,000 -- a lot of lessons learned by everybody involved. i learned a few myself >>

wilfred, good point. the cash horde apple has as they move to cash flow neutral as far as using the cash buybacks dividends very important en a certainly helped the shares this year. >> okay, we'll leave it with that lindsey, tom thank for joining us >> they are getting media out of the air pods not being delivered. >> you know the oracle dan ives said no. like when whether elon musk purposely cracked the window. >> you get more play off that. >> we should ask the oracle too did he do that on purpose. >> that was not on purpose. >> but it worked out -- it had to have been just a silver lining to what went wrong ended up being right. >> yeah, i think the story is still not written there. i continue to think versions on preorders is less than expecte >> there we go fully thank you, dan and tom for joining us now 31 minutes left of the session to keep it driving, the action, stocks are reretreating from all-time highs as equity look to close out marginally lower. but the s&p still up a healthy 25% year to da

too we have 59 minutes left until we put this trading week to bed >>> i'm carl quintanilla in for wilfred frost. we've got some positive comments from both washington and china, calling investor worries over deal negotiations the data pretty good today, as manufacturing and sentiment beat expectations the nasdaq is set to set a seven-week win streak and tech is the second-worst performer in the s&p. joining us for the hour, barbara duran from bda capital is here at post 9, talking more about a market that happens to be happy as long as trade tensions are not escalated, pretty much right? >> that is for sure. and i think a lot is being discounted in the market in terms of global recovery, the fed is on hold, but watching careful. and we have yet to see the effect of the interest rates next year. but trade, i think, it's what people are expecting is that there'll be no more bad news i think hoping for something more, like a rollback of tariffs would be a bit much. this seems to have morphed into a geopolitical technological fliskt i think the downside is limited also for those same reasons,

and our tax system on corporations is so low historically, wilfred, that i really would just call ittion of what the stac taxes were on the very rich and corporate in the eisenhower years in the 1950s >> i understand that the wealthy should pay more. is warren's version of a wealth tax, an annually levied wealth tax based often on unrealized gains the way to do it or is the better way to do to increase income taxes and make capital gains taxes more comparable to that >> i think it's easier to get through congress to do a sharper progressive tax. a sharper estate tax a sharper tax on realized capital gains. in other words, capital gains, as ronald reagan said, should be taxed like ordinary income why should it be special for people who have a lot of capital gains? and finally, i think she's emphasized more a tax on wall street transactions. we have to pay 6, 7, 8% sales tax in the united states you go into a store. but if someone buys $100 million of exxon derivatives or exxon stock, they don't pay any sales tax. there was a sales tax on wall street transactions going back to the civi

i'm wilfred frost. here at the snap post, it's up 150% year-to-date. coming up, we've got exclusive comments from the ceo and founder, evan spiegel. the broader markets are higher, only slightly, 30 points or so on the dow, but anything positive is another record all-time closing high with 59 points left in the session >> and i'm morgan brennan in for sara eisen let's look at what's driving the action today the mood in beijing about a possible trade deal with the u.s. has turned pessimistic. a source tells cnbc that trade uncertainty weighing on oil prices and bond yields today and new data showed home builder confidence ticking lower in november though still largely positive. joining us for the hour is mark tepper from strategic wealth partners mark, welcome. >> thanks for having me. >> even as i just went through those different points that are driving the action today, we've got records again for the dow and the s&p, albeit just barely. >> right, yes. i mean, all investors are pretty much still risk-on and what's most surprising to me is you have th

. >>> yes, it does welcome to the "closing bell," everyone i'm wilfred frost. coming up. dow down six points. 59 minutes left of trade. >> i'm morgan brennan in for sarah eisen. reports of a possible delay in the signing of a phase one deal. data taking a bearish turn as u.s. productivity dropped for the first time on a quarterly otsis since 2015 and one bright

crsystal palace had looked like coming away with a point after wilfred zaha had equalised a few minuteseaten in the premier league. we won it, and that is absolutely 0k, we won it, and that is absolutely ok, you don't have to go so far if you just want that. i liked a lot of the performance, not everything, but some things are not there and we see the more often, the good things at least. norwich city beat everton 2—nil to move off the bottom of the table. it is only norwich's third win of the season. a home defeat for everton sees them drop to 15th place and adds to the pressure on their manager, marco silva arsenal rescued a point to draw 2—all with southampton. alexandre lacazette with the late equaliser, six minutes into added time but despite the draw the pressure remains on the arsenal manager, unai emery after a poor performance which sees the london side in ninth place and possibly more significantly, nine points worse off than at this stage stage last season. southamptno remain in the relegation zone in the day's other games wolves are up to fifth place after a 2—1win over bour

year to date down some 70% our wilfred frost asked the ceo if he regretted going public when the companyis what he said on "closing bell." >> the last year has been highly volatile but there is a lot of pressure on the entire industry what i'm excited about and see it's still day one in in industry if you think about 41 countries legalizing for medical that will increase to 80 and currently only two countries in the world legalizing for adult use you are guy and canada >> they are saying they are required to grow on the medicinal and recreational side. and they expect growth in q 4 into 2020. >> kate rodgers thank you. it's interesting to ask the ceo whether they regret going public the fact of the money is they got money when it was available. isn't that the most important thing when you go public as a company? >> yes if you need the moep for sure does we work they went public at any price? i bet they do. what's your -- you have the most in-depth knowledge of this space on the desk i think. what do you think of the industry at this point >> well, in canada there is a problem in terms of

to wilfred frost in london with a special guest. >> as you say i'm here in london, with the chairmaneat to be with you. >> great to be here. >> we're in london and i have to start with a question on the state of play here how much is your optimism on and commitment to the uk more widely weighing since brexit and the three years of political mayhem since. >> we love being here. this is a fabulous city a global melting pot, unbelievable talent and stuff like that. we're devoted to london. obviously the british people will decide what form brexit takes and, you know, the negotiations even after brexit i think would be very tough and complicated and we're devoted here over time brexit will cause a die m diminishing of the financial center, it will not be quite the powerhouse it was. >> switching focus to earnings and jpmorgan more broadly. your recent revenues rose 8% year over year most of your rivals were flat. in fact, that kind of continued a theme of the last few years of your out performance is it harder to make those market share gains moving forward? >> yeah. i've said the compet

to back him with a pledge to get brexit sorted in six months if he becomes prime minister cnbc's wilfredns us now from london. you spoke with former prime minister tony blaire about brexit he is a big remainor, i know, but what did he say, will? >> reporter: i did, indeed, joe. good morning to you. just last week president trump weighed in to the upcoming u.k. election expressing clear preference for boris johnson >> i should imagine jeremy corbin was probably pleased because if you're looking at this from a labor party perspective or an anti-conservative perspective, you know, donald trumpobviousl is quite a divisive figure here as well as back in the u.s you know, his attack on jeremy corbin i should think will not trouble jeremy corbin very much. >> you built a very close relationship with both presidents and stuck through president clinton through thick and thin as impeachment proceedings loom large, should that have any influence on the british prime minister >> no. wherever you go in the world the leaders start talking to each other, you get into a competition as to who's politics