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We had a pretty good period before that of markets not being very volatile, you get the panic and the reality is panic, panic and you bounce back the other way and then that volatility makes people still jittery, and then after a while, reality takes over. it's markets like to bounce around. neil: so what's the reality now? the consensus view, you always challenge that, made a lot of money for you and your investors going ahead and challenging consensus, is that the prospect that no trade deal with china or one that's significantly delayed is going to be a negative for the market. do you agree...

To have prosperity in the north. the kim family is extremely jealous. what this does, president trump's video, it talks to the north korean people saying look this is what you can have, thand that is very effective in putting kim jong-un in a difficult position. i am sure that's part of the process of thought in the state department and national security council when they thought of the idea of this video. it's talking to regime elements in pyongyang saying we americans can give you a much better future. jon: john roberts has been telling us the consensus view is kim jong-un was embarrassed by...

Apparent, but also, crucially, it's the way a party sets its agenda, its policy priorities, the way it finds consensus view, about what it stands and fights for. you're already seeing that part of the process at work in the democratic party right now. candidates across the spectrum of the competitors are competing with various plans to tackle the climate emergency, all of which are in the context of recent history really rather ambitious. you're also seeing this primary process play out on reproductive rights. after several candidates, including elizabeth warren at our own town hall criticized...

Neil: these are the bullet points. beto has that, knows his bullet points. >> not in the same way, but he doesn't have, you know, four years of having a base -- neil: you know, chris, i think republicans, though, underestimate beto at peril. >> i agree. neil: that was the consensus view, barack obama had only been a senator a couple of years, and, you know, the last guy who went on to lose a senate race and went on to win the presidential race was abraham lincoln. i am not comparing the two at all, but history has a way to have making fun -- >> it does, but if i'm cory booker or kamala harris,...

Of the intelligence agencies. even before he takes office, he meets with the outgoing intelligence chiefs and they present him this information about russian interference in the election, and it's something he disavows, in effect, from then on and has repeatedly since then, even if at other times he says he does believe it. so i think there's been this distrust with the intelligence agencies at the beginning. what's interesting is, of course, he's characterized in the past saying, well, i didn't believe clapper and brennan, these were all obama people. the people he's now at odds with are the ...