tv With All Due Respect Bloomberg May 23, 2016 8:00pm-9:01pm EDT
mark: with all due respect to bob corker, you might need to boost your name recognition. >> bob corker seen going into a meeting with donald trump. >> who is that guy? >> i don't know who that is. >> who is it? >> i don't know. mark: tonight, we are uncorking fresh polling data because the political world has now guzzled down the general election head-to-head dead heat numbers between donald trump and hillary clinton.
the new digits also showed astronomical unfavorable ratings for both candidates in a race that is, again, essentially now tied. one poll found hillary leading trump by eight points. the other survey that got a lot of attention has trump leading clinton in a head-to-head matchup, 46%-44%. that is an 11 point swing. both of these surveys show that it is in the margin of error. it is a lot to sift through. what are the most heartening and the most troubling numbers in these polls? john: overall, the most heartening thing for donald trump is that republicans have come home. as of today he is then the same place mitt romney was on election day 2012, and mitt romney got wiped out.
all the predictions of gloom and doom and republicans not supporting trump, if i were him, i would be happy. i would still know that i have a lot of work to do. mark: despite him losing to clinton on a series of traits, he is even with her. he has to radically improve his numbers in terms of traits to have a chance to win. the other heartening thing is the meta-thing. republicans think he can win. the lead with independents is heartening. on the downside, his numbers have improved. his standing has improved. but he is still behind. and he does lose a lot in traits.
where he is behind in traits, clinton can use that to leverage. people thinking she is better on foreign policy and on a range of issues where he would rather be stronger. but overall, i would say more good news for trump. john: way more good news then bad news. he'sottom line though is doing badly with nonwhite voters and is in trouble with women. not as bad as you might have thought with women. he is either going to have to move the needle on nonwhite voters, or he is going to end up where romney was. as a party at knowledge, -- but knowledge, you can't win a general election with those numbers. mark: he doesn't have to revolutionize what romney did with nonwhite voters. if he continues to dominate with white male voters so substantially, this could the the last election where republicans don't have to make much progress with nonwhite
voters. john: the taxes issue. an issue that i have said before we must make him pay a price for , it. this poll shows it's a real problem for him, not releasing his tax returns. this poll shows a huge part of why he is ahead of clinton or even within the margin of error is that he is doing well with independents. 60% of independents say he should release his tax returns. 44% of republicans say he should release his tax returns. i agree. mark: i don't know if those numbers are high enough to make him do it. john: it's a vulnerability. you should do this for a lot of reasons. most people have been focusing on those numbers but below the surface, the data was not entirely 100% gloom and doom for hillary clinton. a majority of people had a positive view of president obama. his approval rating was 51%.
to the extent there is any good news for hillary clinton, what is the best news in this poll for hillary clinton, and the most troubling signs? mark: obama's approval rating is above 50%. if he is above 50%, given that she is somewhat running on continuity, that is good for her. she leads in a lot of traits, women, foreign policy, looking out for the middle class, being a good commander in chief. she leads in all of those by a lot or a lot a lot, and i think the reality for her is this is a wake-up call. when the clinton campaign said this would be a tight race, a lot of people didn't believe it. i sense in the clinton campaign a greater sense of urgency, and an ability to raise money and rally support, which they didn't have before. the fact that they got a wake-up call this early, i think is
good. john: it's good for her because it shows that he is in the race. people will say it's not true. it's obviously true. the biggest problem in 2012 in the obama campaign was donors and others thinking it was in the bag for him, and not being willing to write checks. and think democrats are more likely to come home if they think trump can win than that she has a huge, insurmountable lead. but there are a lot of troubling signs here. she is not nearly as far ahead with women as she should be. some of those things, to see trump this close not having to revolutionize the race tells you she has a lot of work to do. mark: another person who has been watching these polls carefully is bernie sanders.
he points out, as he has in the past, that he does better against trump than hillary clinton does. he is also making sure that voters pay attention to the fact that many americans dislike both hillary clinton and donald trump. here is how bernie sanders responded to a question about why he continues to fight for a nomination that remains a mathematical longshot. mr. sanders: we need a campaign, and election, that does not have two candidates that are strongly disliked. i do not want the american people voting for the lesser of two evils. i want the american people to be voting for. >> is that how you would describe hillary clinton, the lesser of two evils? mr. sanders: if you look -- no, i wouldn't describe it, but that's what the american people are saying. john: whoa. the lesser of two evils. sanders is still in the middle of a nasty spat with debbie wasserman schultz, the party chair. this week, he endorsed her
challenger and said he would not keep her as the party leader if he was elected president. clinton did little to quell the tension when she was asked about all that is going on with bernie sanders. ms. clinton: certainly, we are going to talk with him when he is ready to talk, and listen to him. we will take into account what he is asking for. i think that's part of the process. >> what about getting rid of superdelegates? would you be in favor of that? ms. clinton: i am not going to negotiate with him today on your show, but when it is time, i am reaching out to unify the party. i expect him to do the same. i did that when i lost a much closer race to senator obama. mark: in what seemed to be an attempt to calm the waters, the dnc announced it was giving sanders a significant number of
spots on the committee that will draft the party platform. out of 15 seats, sanders gets nearly one third, one less than clinton. where do things stand between bernie sanders and the woman he says as may be the lesser of two evils? john: things are worse today than they were on friday. in 2008, there was just as much or more work to do. but nothing is getting easier right now. sanders is not backing off. everybody is testy. everybody is kind of at each other's throats. once there we -- let's see where we are on today, i think things june 8. are more hostile and antagonistic than they were 72 hours ago. mark: here is what i think the big problem is on the clinton campaign right now. clearly, this is a bigger distraction than some of us thought it would be. sanders is going to the convention. it's not let's see what happens after california.
they are going to the convention. that means more pain, more division from the first and second week of june through july. john: we will see where we are on june 8. you remember back in 2008, people were telling hillary clinton until the night of the last primary that she should go on to the convention and was still calling her the next president of the united states. even though she had lost. there's a lot of talk among supporters. mark: it's a big distinction if they can get him to back down. based on the last 72 hours, it doesn't look that way right now. john: i agree. up next, the economy, stupid, hillary clinton's version of the 1992 campaign slogan. we will be right back with that after this. ♪
john: hillary clinton today gave a speech at the service employees international union conference. she revved up her rhetoric about trump and his economic agenda. ms. clinton: he could bankrupt america like he's bankrupted his companies. i mean, ask yourself, how can anybody lose money running a casino, really? [laughter] john: that's a pretty good
question, you know. but we have started to notice something about hillary clinton and her go to messaging on the economy. a lot of the time, it is more anti-trump than pro-clinton. even some of her own advocates have said that she and her campaign have failed to articulate her vision in any detail. this was evidence in an exchange with a clinton surrogate. >> what are her two best original ideas on the economy? >> infrastructure investment that can create jobs, and putting people together like she has done in the senate. as you know, i worked in the senate for 15 years before i went to the white house. hillary had a reputation and a record of pulling people together to get things done. mark: is either of those an original idea on the economy?
>> she has a very clear vision of where she is going to take the country, and that is a vision she is going to run on in the fall. she will be great. john: does hillary have an economic message, and if so, what is it? mark: there are some things on her website. [laughter] there are policy proposals. most involve an expansion of government. she says she will not raise middle-class taxes. she wants to cut taxes for some. , this is been part of a 20 year drought in both parties. the think tanks, the congressional thought leaders, very few new big ideas that the middle class can grab onto and say man, that's a good idea. that's a tax cut i get. that's an education plan i get. i can see how that is going to help my family. i'm not think she has no ideas but i have yet to find anybody, including jim mussina, who can articulate them in a way that's exciting. infrastructure is important, but
i don't hear a lot of people talking about it. he did not like my response to his response. john: it's easy to mock the website, and i know that's not exactly what you're doing, but hillary clinton has a lot of good policy proposals. none of them are going to revolutionize the world, but she has economic proposals on childhood education and other things that would fit very well in her husband's old ideas on the economy. the difference is, it seems like a grab bag. what she fails at his economic messaging. when her husband put those ideas together, they were revolutionary in 1991, and he had putting people first, human capital, globalization and digitization of the economy and how all this stuff fits together. he had a narrative. he had slogans. it was exciting. she just has a bunch of ideas.
>> right. well, one of the things that they show is that in some cases, clinton leads a little. in some cases, trump leads a little. the question i always get from people is how do i decide what polls i am going to pay attention to. there are so many polls, that people would really like help doing it. here is the perfect day to explain how to sort them out. when you have the same polling outfit doing polls overtime, you look at the trend. any problem you might have with an individual poll is controlled for when you look at that same problem time after time after time. what we have here is consistency in terms of the swing. you see trump gaining ground as hillary clinton is losing ground. whether that is eight points, 11 points, there is consistency. the fox poll had eight points as
well, i think. what you had from last month until now, consistency across three different polls showing trump moving. that's what you can take to the bank, is that in the american electorate, that's the mood right now. john: a lot of people have commented about how high the unfavorables are for these candidates. what this shows is that among trump supporters and clinton supporters both, is that if you ask are you voting for your candidate or against the other candidate, it's basically a split. it's not really an affirmation of their candidate. how does that play out going forward? what does that mean for what we are going to see in the next few months? >> a common question you ask as a follow-up is how strongly you are committed to your candidate. it's also a test of candidate
strength. if people say this is not an affirmative vote for my candidate, it's a negative vote against the other, we think of those votes as being more fragile. if you come to the election upset with the other candidate but you are not that gung ho about the candidate you are supporting, you can wane and your support could evaporate. what you want is for people to be making the affirmative case. i want this candidate in office. therefore, i will work for them, send money to them, all of those things. if you are just anti-, those things are a little more amorphous. you see these candidates roughly
splitting the difference, almost half and half of their supporters making the affirmative vote versus the negative vote. they are pretty much on the same shaky ground that way. we took a look -- because how common is that, really? what can we learn going back to 2012 and seeing how mitt romney and barack obama were doing at the same time? it's a little apple storage is -- apples to oranges here. it tells you something because the finding is so striking. mitt romney's numbers looked about like these, but barack obama's numbers, by 3-1, his voters were making the affirmative case. that is, they were for barack obama instead of just being against romney. we know how that turns out, so that gives us a little bit of monday morning quarterbacking to do. you want people to feel strongly positive about your candidacy, and both of these candidates are suffering a little bit because of that. mark: i talked about this earlier. people have been saying trump has something that looks a lot like the romney coalition. romney lost. is trump in a position to grow in areas where he is already
strong? how'd you look at that? >> we are looking at a national poll. that gives even overall mood. trump is doing even better than romney did with some very important, large groups. one of those groups being whites. one of those groups being men. while romney had a 7% advantage with men, that number is 23% with trump. john: let me stop you there. men and whites. romney did what he did. trump could either increase the share of the vote that comes from men. that seems unlikely. or do even better with man. and do even better with whites. could the contribution from whites be higher in 2016 even as america becomes a more diverse
nation, or is that unlikely to be part of the formula for trump? >> if i understand you, you're wondering about turnout, can you increase the turnout of the white vote? that's probably going to be harder to do. he will probably concentrate on the share. but keep in mind, we don't elect a president by a national vote. this will play out differently in the battleground states where this election will be won. man, that's going to play out everywhere about the same. but the white vote is going to play out differently in new hampshire and iowa than florida and nevada. they will have a different state-by-state plan, and that's on the clinton side as well.
mark: im not predicting, im not advocating. i am just saying as a matter of analysis, it seems like he could get the white vote in some states up a little higher in terms of the contribution of the vote and do better with white voters than met romney did, and given the share of the vote that is the white vote, that alone could flip the formula in some states that be the formula that flips some states. >> it could very well be. donald trump is gathering a bigger share of independents right now, and that could be the key. john: let's talk about the independent equation where trump is doing better than romney was right now. factor in the sanders-clinton fight with that in the last 30 seconds here. >> that's exactly right. that speaks also to the affirmative case versus the negative case. how much of the anti-clinton vote is due to the bernie people who are so committed that they will never vote for hillary
clinton? we know from last week that 11% of sanders supporters said they would vote for trump because they could not see themselves voting for hillary clinton. the independent vote, right now, the two candidates are getting about and even share. the democrats are more plentiful, so that's how you can lose the independent vote and still win. so, we will be looking at all three of these groups. mark: thank you very much. coming up next, the clinton campaign's brian fallon joins us. we will ask him about the economy, donald trump, and so much more. ♪
they defer crossing the bridge. which bridge did you come over? >> brooklyn. john: thank you for doing that. we pointed out earlier that jim mussina, obama campaign manager from 2012, now on your campaign, had trouble answering the question about hillary clinton's original new economic ideas. can you tell us what some of her original economic ideas are? >> first of all, i thought his answer was just fine. our infrastructure proposal would invest $5 billion into our roads and bridges. mark: what is original about it. quest -- what about it? >> a few things. one of the first speeches she gave was about raising wages and a profit-sharing proposal that would incentivize companies to reward workers whose productivity has been responsible for economic gains. mark: but that's not about the infrastructure. is there anything original about the infrastructure plan? quite the level of investment.
she would ask the wealthy to do more, including closing tax reform -- tax loopholes. i heard the discussion in the earlier segment. you guys should know that we put out a raft of different middle-class tax cut proposals including targeting prescription drug cost and child care, but we have not revealed the full extent of our middle-class tax proposal. john: more is coming. >> absolutely. and we did that with an eye toward preserving it for the general election. >> let's like about general principles how her tax works. >> there has been a lot of coverage to this effect. hillary clinton views the tax code as a vehicle for helping incentivize responsible behavior by corporate citizens. you have the profit sharing proposal that i mentioned. she would also use the tax code to disincentivize some of the irresponsible corporate behavior we have seen.
she would impose an exit tax on companies that try to register their headquarters abroad. that is something we have seen president obama crackdown on. she would go further and say all of those profits that you have off sure, we will not even wait for you to repatriate them. we are going to tax them as soon as you try to leave to whatever country you want to headquarter yourself in. she also has a clawback proposal, where if you close a factory in the united states and move jobs overseas, we are going to clawback the rnc tax credit. r&d tax credit. mark: these are specific proposals. how would you characterize her philosophy? >> what it all adds up to? the story we will tell in the general election is that president obama has done a herculean task in terms of lifting the country out of a great recession that rivaled the depression of several decades
ago, but that the prosperity we are starting to see is not fully shared, and we still have a stacked deck where to think much of the rewards of the improved economy are flowing to the top in terms of ceo pay and shareholder dividends. not enough of that money is flowing down into the workforce. mark: she would support economic policy that would take money from people who are doing well and move it down the corporate ladder? >> that's what the profit sharing incentive is all about. it's a carrot, not a stick, but i think it would be a significant inducement toward more responsible and smart corporate behavior. chobani in new york, the company made headlines for announcing that rank-and-file workers would be rewarded with stock. we think that is the type of smart approach to business that should be incentivized by the government. >> at the end of hillary
clinton's first term, how would middle-class families be doing? >> she has said her number one goal is to see wages rise. that hasn't happened in a couple of decades. i am not going to put a number on it, but the goal is to see something we haven't seen since the 1990's, which is more people put to work with higher wages. >> she says president clinton would have a role in her white house as an economic adviser. is he advising her on the economy right now? and in what way? >> as you know better than most people, he has a wealth of ideas at any given time. >> are there particular things he has advised her of? >> -- >> what she referred to in terms of the role he would play in an administration is not an official role or a cabinet post. you would be particularly focused on areas of the country that have seen disinvestment. she made the comments in kentucky and west virginia with an eye toward how can we lift up -- john: are there ideas he has
given her that she is espousing on the campaign trail now? >> i am not going to credit any of these proposals to him solely. i think that would not be accurate. she has a raft of individuals she solicits ideas from, and these proposals are her own. >> she has taken criticism for this, that it would be a two for the price of one. is there a political risk in that? i think it would not come across as genuine. phony would think it is if she acted like she would be taking his advice and -- taking his advice. >> has hillary clinton been interviewed by the fbi? has her counsel been contacted by the fbi? >> not to my knowledge. mark: when she is, will you announce that? >> i tend to think it will not escape notice for very long. mark: so there has not been a preliminary conversation about
where and when? >> let me be clear because sometimes political opponents try to parse words and suggest we are being misleading. since last august when this review was first announced, david kendall has been in recurring touch with officials at the justice department, as anybody would, but nothing has moved toward hey, it can we schedule an appearance? john: it's being reported that terry mcauliffe is being investigated. do you know anything about that? >> i do not. >> what do say on his ethics? or just in general? >> i am not going to weigh in on the report. i'm sure you are aware of the video. >> you have not looked at it question mark that you have not looked at it? >> i have watched it. john: what do you think of it? >> this is the latest in his roger stone developed strategy
to try to distract from an issues-based campaign, which is what we intend to run. to be honest, i think it's bad strategy. i have seen smart republican operatives go on television and say they have tested these lines of attack and they actually alienate independent voters, especially women. to me, every day he engages in this type of stuff is a misspent opportunity to do the outreach he needs to do to improve his numbers. john: is it your plan to go -- is it your plan as he goes through all these issues, is it your plan to go to the whole campaign responding in this way? it would be fair if it was, but the idea of we are not going to dignify that with a response. >> it was two decades ago. i don't think donald trump himself views these attacks as having some kind of political upside with independent voters. others have said they tested this.
here's what i think he is doing. i think he is trying to practice the politics that worked for him in the primary, which is just throw stuff out there, try to get under people's skin, get into people's heads, take whatever collateral damage it might bring in terms of his own negatives -- which are well-deserved and hard earned at this point. people talk about his negatives and hillary clinton's being apples to apples. his own words have added up to those high negatives. for her, they are the product of attacks directed at her. i think he has courted the downside of accruing these high negatives because he thinks this is a way to get in his opponents head and psych them out. hillary clinton is not going to go for that. she can't be psyched out. she sat for 11 hours before the benghazi hearing in october. this is somebody who has a steel backbone. john: luckily, we are going to continue to talk to you for months and see if we can crack you. up next, a different kind of washington establishment.
mark: now from the washington post newsroom, a great reporter with a great story about bill clinton and his invisible campaign for his wife. you are out of the trail with president clinton. people might be surprised how he is able to keep a low profile even though the press is so interested in him. how's the campaign schedule he can to bring that low impact about #where they doing it that way? >> well, a couple of reasons.
first ball, if you are a natural -- a national reporter, it is quite literally impossible to keep up with him. he is in a plane. you are in a car. he will sometimes have five or six stops a day. they are taking him primarily to small and medium-sized markets where he can make a big splash in the local press. everybody in the town knows him there. without the national presence, you don't get all the other stuff that follows a presidential campaign. john: this is kind of the model they adopted at the end of the 2008 campaign after president clinton got in trouble earlier in the campaign. do you think he is comfortable -- he is very happy in this role, but it is clear he has not made very many waves? a couple small outbursts, but not much. in 2008, the obama campaign
said one of the reasons they were surprised at losing the texas primary was that bill clinton was basically running up and down west texas below the radar pulling up votes. i think that is where they got the model for this. he seems by all appearances to really be enjoying himself. he does not only several rallies and speeches a day, but he will stop off at a local restaurant or a local bar and hang out with people and talk. he seems very comfortable with this role. this keeps him a little bit out of the target of donald trump. increasingly, donald trump is making the former president and -- on attacking point. mark: who will do more interviews between now and
november, the lumia trump or bill clinton? >> in the last few months, it has been trump doing more of them. you are right. it's a remarkable situation. john: earlier today, trump had a special guest at trump tower, bob corker, who you know, of course, as the senator from tennessee, chair of the foreign relations committee, and a guy everyone has been talking about as a possible running mate. that may die down after today. joining us to talk about the meeting is the guy who brought us word of the meeting. bob corker played down any notion he would be on the ticket. it seems to me his bio is right up the alley of what trump has talked about. does he seem like someone who is under consideration, could be, should be? >> he is certainly on the list for the vp spot.
you have so many who is exactly what trump once. trump said he wants an insider, wants somebody with washington credibility. corker is chair of the foreign relations committee. there is also a personal report. these guys don't know each other, but corker comes out of the real estate world of tennessee and is one of the wealthiest members of congress. john: it seems like temperamentally they may get on ok. chris christie and donald trump, i understand how they are friends, how they would work together, maybe combustible, but i would understand it. it doesn't seem like these two guys would naturally be pals. >> perhaps not. corker is a low-key, understated fellow. he is not the kind of guy who seeks the limelight. he was not really comfortable with the cameras. the vp role, when you talk to trump insiders, they are not looking for an attack dog. they have the attack dog at the top of the ticket. they want someone who can be seen as a heavyweight. they are looking for a dick cheney like george w. bush had in 2000, someone who can help them out on policy.
john: my hunch was it was going to be chris christie. i agree based on what i'm hearing, they do not want someone like that. that is why the talk of newt gingrich confuses me. he does nothing to be in the mold of what they need. bob, thank you. we will talk to you soon. when we come back, we go into the zone. ♪
the last few days. a lot of democrats ask -- democrats are panicking about the bulls -- the polls and the degree of disarray and dissension within your party. your message seems to be don't panic. why? >> first, the demographics strongly favored clinton. if you look at trump's ratings among young people, women, hispanics, african-americans, i honestly have a hard time getting him over the hump to 50%-51% of the vote. a lot of people, and it is kind of a democratic characteristic to wring your hands. a lot of people are worried, probably more worried than they should be at this point. >> and i think you would agree do clinton real damage at this point. why not panic about that? >> there are signs that's abated. she herself sounds conciliatory.
she is saying in one way over and over again that the things that unite us are stronger than what divide us. we have claire mccaskill saying nice things about bernie sanders and actually criticizing denver -- debbie wasserman schultz. the platform committee being reconstituted and sanders getting to appoint five members. i don't think that decision was made by debbie wasserman schultz without some impulse from oakland -- input from brooklyn. i think there is an understanding on the clinton campaign's part that whatever frustrations you have, you need bernie sanders. you need to work out a deal with him where the party can come together around principles, reforms in the nominating process, and then you need to harness him to go into the fall and help bring his voters to clinton. mark: what about trump scares you? >> his unpredictability. it's a great weakness on his part. i think he will provide continuing ammunition in the
form of intemperate statements. but on the other hand, the unpredictability makes it tough to prepare for a debate with him. you have to prepare for wild trump, mild trump, and somewhere in between trump. you don't know who is going to show up. mark: i know you think she is going to win, but you don't rule out that he could win. >> i don't, and i don't think the campaign should. john: if he does, how will that be? >> game change cubed, number one. number two, it will have happened because the clinton campaign will not have taken advantage of its opportunities, will not have consolidated democrats and reached out to sanders independence. i don't think that is going to happen. there's always a chance, but i don't buy the argument that there could be an exogenous incident, a terror attack, for example, that instantly benefits donald trump, not when 61% of people don't think he has the temperament to be president of
the united states. at that point, it might lead voters to say we need someone reliable, steady, who knows what they are doing. sure, he could win. i just don't think it's going to happen. by the way, i did say last summer that he could be the republican nominee, and people said i was crazy. mark: these numbers now are sort of where romney was in 2012. people say the clinton campaign will said that will spend $1 billion. they will make him less popular. do you find that possible? prettys americans are familiar with donald trump now, including his bolder abilities. what new information will the clinton campaign bring out that could hurt him? >> i think there will be a lot more focus on his business record, which did not get much attention during the primaries. donald trump's business record
could potentially put pain in -- bain in the shade. number two, i think the clinton folks should step back and think about doing some positive advertising, getting people to know her better. her biggest opportunity is going to be the acceptance speech, unmediated communication, 45 minutes to an hour. she has a chance to confound stereotypes. but leading up to that, i think she should look at advertising that can help her connect better with the american people. i don't think you run a purely negative campaign, but i do think this will be the most brutal campaign we have seen in our lifetimes from both sides. mark: i agree with you on both points. from the trump point of view, do you think he has cards up his sleeve? do you think we basically now see the kind of campaign he will run? >> i don't think he has any secret cards up his sleeve, but
i think we will hear about every old clinton non-scandal, monica lewinsky, he will attack the president, he will attack the clinton foundation. to some extent, a lot of voters have heard all this before. i don't know what impact it will have. her numbers on honest and trustworthy, which are pretty low right now, will go up as she engages with trump, but i don't think he has any secret weapon. i can't imagine what it is. like donald rumsfeld said, it's an unknown unknown. mark: it is always a pleasure to have you on the show and the tricks you have up your sleeve showing off for us. >> i don't have any tricks. thanks guys, it was fun. john: we will be right back with the end of the show. ♪
♪ mark: got some time? check out bloombergpolitics.com. right now, a report on gun sales. coming up, emily chang speaks about artificial intelligence on "bloomberg west." thanks for watching. we will be back tomorrow with all the latest political news. thanks for watching. we will see you then. sayonara. ♪ . .
rishaad: it is tuesday, the 24th of may. i am rishaad salamat. this is "trending business." here is a look at what we are watching. falling to levels -- the yuan falling to levels that we have not seen since february. gorman saying he still sees fast growth in china but once that economic changege will no