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way that it's necessary? is infrastructure off the table or anything else that could achieve something -- >> i think on the emergencien. on the margin it helps things like housing, but it doesn't solve the uncertainty with regard to a trade deal. it may provide a boost to asset prices which is what monetary ease has done successfully in the last 10 years or so. it's not the elixir for what ails the united states economy. >> housing as an example is not a big enough portion of the economy to offset the hit that has come from the lack of business confidence. >> let me ask you about the fact that trump is demanding the u.s. companies abandon china. these are the two biggest economies in the world. no one's pulling out. what are the implications when u.s. business people don't listen to the president and does it show more weakness? >> well, he -- no president has the authority to demand that of companies. you had -- >> he tweeted, i here by

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