Chief opens the show breaking down an ugly morning in the markets. Joel Elconin of Benzinga wonders if the North Korea Summit actually accomplished anything. Kenny Polcari, Director of NYSE Floor Operations at O’Neil Securities and a contributor to CNBC, believes we’re now officially in a trade war with China, but it’s not too late to turn this ship around. Professor Hal Snarr of Westminster College thinks the Fed and monetary policy are bigger contributors to this week’s downturn than one might think.  Finally, John Neal of PTI Securities & Futures‘ Peoria, AZ office talks trading strategies.