The sequel www.talkmarkets.com/.../a-us-china-trade-deal-is-coming

I think economic growth will exceed most projections. And I believe that if the president gets reelected, there is a good chance that a deal along the lines of Bowles-Simpson would be made in his second term.

One big flaw in your theory is why would China want to cripple such a big customer?

Sorry, I was asking you, Gary.

So are you saying a recession is not likely to occur soon?

You missed a bunch of huge intervening variables, namely the war on terror, the Iraq War, the dotcom bubble and its subsequent burst, and the biggest recession since the Great Depression. You would have to compare federal revenue while somehow controlling for economic fluctuations to make an apples-to-apples comparison.

Looks like Tencent could really benefit from the success of Meituan.

I agree with you, Tracy, GameStop is doomed. Eventually all games will be downloaded, and GME will have the same fate as Blockbuster. Unless it gets into a new business.

You don't think that tensions are more likely to rise than decrease in the Middle East in the near-term? Consider that John Bolton, who very much believes in taking on the Iranians, recently started his tenure as Trump's national security adviser.

I think the trade uncertainty will fade, but I think the FAANG stocks all have problems,and that some of the money that was in those stocks or would go into them will come to solar.