Bloomberg's Margaret Talev speaks about the Oval Office interview she and colleague Jennifer Jacobs conducted with President Trump, in which he reiterated expectations for 3 percent GDP growth and said he's considering breaking up big banks. Prior to that, Howard Ward, CIO of growth equities for Gabelli Funds, says Apple is defying skeptics with its pricing power. Citadel CEO Ken Griffin says money's coming out of active management and is heading toward passive structures. Dartmouth professor Douglas Irwin discusses Trump's trade policy. Finally, UBS' Julian Emanuel says low volatility can seduce investors into taking on more risk, but they need to remain disciplined at this point.

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