Trade between the US and China at an all-time high

Chuck Zodda and Mike Armstrong discuss the move money managers made yesterday. Money managers cut $300B of bearish bets and are now positioned in line with historic norms. US and China relations are very tense due to the spy balloon, but commerce between the countries is soaring. Chuck and Mike chat about the new economic meme, rolling recession. Tipping culture is out of control, and Chuck and Mike have a solution. Panera is getting into the fashion industry.