Michael welcomes Jack Bouroudjian, legendary trader and economist from UCX in Chicago. When Jack was last with us, it was just before the market bottomed. He told us what the markets needed to turn at Christmas, and he was spot on. He shares what he's looking for next -- and it's something every investor needs to hear.
The Speaker says the President isn't worth impeaching; Dan Mahaffee says the Democrats are opting for guerrilla warfare instead of trench warfare. Brexit is back at the top of the headlines, and PM May was walloped in Parliament again. It's yet another impasse for Parliament and there are no easy or obvious solutions. Les Munson adds that the dreams of an independent UK are, ironically, dying on an Irish border.
For the third segment, the conversation shifts to China -- and special guest Lester Munson. Does President Xi need a deal more than President Trump? Whether the tariffs have had an impact on the Chinese or not is unclear, and perhaps unimportant. The details of any deal matter, but the details of how to get there might not be.