how can both be true? what explains the confidence exhibited in so many economic metrics against a back drop of an impeached president? joining me now is the chief economist at moody's analytics, mark zandi. explain this disconnect because i can't follow it. >> michael, i think investors, global investors understand that the president will keep his job. he will be impeached but not convicted by the senate so nothing changes the status quo. investors are okay with the status quo, particularly after the president called a truce on his trade war. that would have been a problem if he escalated the war. he didn't do it. he stood down. so i think investors are comfortable with how things are going. nothing will change because of this impeachment. >> when i reference wellness on wall street, i'm really using wall street as a metaphore for the economy at large. as one who follows day-to-day everything that is going on in