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The U.S., China trade war is like 'the boy who cried wolf'

Yahoo Finance's Brian Sozzi and Jared Blikre talk to Jon Maier, Global X, Chief Investment Officer and Nick Giacoumakis, President and Founder of New England Investment & Retirement Group, Inc. around Monday's opening bell to hear what's moving the markets. Giacoumakis says the U.S., China trade war is like "boy who cried wolf" and investors are going to take a "wait and see approach and until it's a condition that's more stable...there's something more meaningful on the table."