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Fritz, thank you for "zeroing in" on the data as you always do, as now, more than ever, this is an important exercise, given the alarming headlines perpetrated by the media. As you mention, it has become obvious that the trade war issues are entirely overblown and it's a shame that the media can get away with this sort of thing. And also that they keep bringing David Roseberg on to say the same thing over and over again. Eventually, he, like Nouriel Roubini, will be correct in their bearish forecast.