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Solve anything. it could bring a little bit of attention to this undercovered aspect of the north korean problem. everyone talks about how china needs to do more. nobody talks about how russia needs to do more. >> thank you for helping us break that all down. another record day for wall street. all hit record highs. the dow alone up 20%. but are stocks who hot? i recently asked famed activist invest investor. >> i think there are certainly specific pockets where valuations are perhaps very high. i think the biggest risk are politics. >> if they don't do a tax cut? you. >> i think corporate t...

Everything, almost all testify either came from the chinese or came from china under the nose of the chinese government. now, if you accept that analysis, it leads you to a different conclusion. that is that the chinese want a nuclear armed north korea in order to balance against the united states south korea and japan which all live under the u.s. nuclear umbrella. either way it's clear the chinese are not going to solve this problem for us. that's the thing president trump has yet to wrap his head around. he says china should be fixing this. that's not going to happen. i think once you accep...

We talked to asia officials they say the same thing chlg the progress china has made is significant but not sufficient. >> why can't china shut this down? >> can't or won't. >> why can't or won't china shut this down. does having a be-- >> the most common answer is that china would rather see a nuclear korea than chaos on its border that if north korean regime going down you're talking about a unified korea. that's the most popular analysis. my analysis is a little bit different. nine is that china's been actively supporting the north korean nuclear program for decades. if you look at what the...

>> north korea is a worldwide threat that requires worldwide action. we call on every responsible nation, including china and russia to demand that the north korean regime end its nuclear weapons, and its missile programs and live in peace, as the south korean people no so well, it's time to act with urgency and with great determination. it is unacceptable that nations would help to arm and finance this increasingly dangerous regime. >> talking about china. is he talking about china there? >> china and russia. he said he sees china trying very hard to involve the problem and he hopes he see th...