Via Nova's Gayle: It is in everyone's best interest for the trade situation to get resolved

Alan Gayle of Via Nova Investment Management said he does not expect the trade and tariff battles between the US and China to derail the market for the long haul, but he noted that the market will keep taking no more than two steps forward with one step backwards for as long as it is in the headlines. Meanwhile, Jake Falcon and David Hartness of HighTower Advisors discussed their big investment themes for the rest of the year -- without even mentioning China -- Tom Gearing of Cut Wines Asset Management talked about wine as a completely alternative investment choice, and author Mathias Doepke of 'Love, Money and Parenting' talked about the economic conditions that, among other things, might have led to the recent college admissions scandal.