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Here, it doesnt really seem that unexpected, unusual, inappropriate. given the breadth of the market rise over this long period of time. but the fact is, that the market of all the reasons you threw out, probably the one thats easiest to understand is that the market doesnt actually always love good news. good news is sometimes bad news for the market. and whats bothering the market at the moment is signs that wages are starting to accelerate in fridays unemployment report, although theres a bit...

Todd: the market took a huge bip yesterday but that was in part due to a good jobs report. explain how that all comes together. because you think good news would lead to good news in the market but not so in this case. >> yeah. im glad you brought this up because this isnt the end of the bull market. if anything the bull market is strengthening. we will see the end of the bull market and if there is a recession. and so thats what we will really lead to it what have you seen is that the rising ra...

Todd: a lot of things happened yesterday there was a memo, a good jobs report which was counterintuitive and weve got weird earnings from some huge companies like the alphabet companies. do you have any one reason or is it a combination of the three that the market fell 600 points? neil: well i would just say all of the above being good news, and good news was finally greeted as bad news, the fact that the economy i know it sounds kind of perverted guys but its picking up steam and a little bit ...

Think this was the reason why were seeing dips in the markets. it definitely -- you look at exxon. you look at chevron. visa even. were seeing the stalwarts of the dow jones take massive hits to their revenues. what they were reporting out today during the quarterly earnings. so that has something to do with it, especially with the miss of alphabet. these companies are taking a miss and throwing wall street into a tantrum. >> neil: and i can remember when interest rates were higher. i can apprec...

Property. >> reporter: 95% of land in peoples exhibit texas is privately owned, including much of the border. theyd have to start with land they already own. >> seems that way. >> reporter: how much is left? >> 2.8, i think. >> out of the 30 miles are mile. >> reporter: the army corps found where it would be easiest to go. >> were walking along the wall right now. >> reporter: the first portion of the wall in the united states. >> yes. it is low-hanging fruit for the administration. it is a fede...

I mean, i think the most natural way would probably be that they have to start on federal property because i cant see anybody here locally that has agreed to sell their property. >> it the turns out 95% of the land in texas is privately owned, including much of the border. >> so they would have to start with land they already own. >> it seems that way. >> how much land is left that the federal government owns? >> about 2el 8. >> out of the remaining 30 miles. >> 30 miles. >> the county outlined ...

Locally that has already agreed to sell their property. >> reporter: it turns out 95% of land in texas is privately owned, including much of the border. >> so theyd have to start with land they already open? >> seems that way. >> how much land is left that the federal government owns? >> about 2.8 i think was the last statistic. >> out of the 30 miles. >> reporter: the county outlined where it would go and the army corps ranked where it would be easiest to build, including the 2.8 miles through ...

Starting to say yeah, i might lose money. i dont want to pour more money in. interest rates are backing up. its not great return. 2.7, 2.8%, a ten-year note beats losing my butt in a market correction. the thinking is that there is a point at which investors are drawn to the relative safety of notes and bonds and leaving the giddy world of stocks. is that true? we have heather here, and charlie gasparino. heather, help me with this. what went down? >> i think thats a stock market ultimately wins...

And then paint a picture of what we can do on infrastructure, what we can do on immigration and other issues to get this country moving forward. when we do, i think the pundits will be just as shocked in 2018 with the election results as they were in 2016. >> neil: they got a lot wrong before. they could be getting wrong now. thanks, congressman. >> thanks, neil. >> neil: a quick peek at the corner of wall and broad. down 177 points. id love to say for those that like political intrigue and dram...

1999, guess who thought she would be a strong running mate? >> i love oprah. oprah would always be my first choice. if she would do it, she would be fantastic. shes popular. shes brilliant. hes a wonderful woman. >> reporter: oprah has brushed up against campaigning only occasionally and for democrats. notably stumping for barack obama in his 2008 run. >> for the very first time in my life, i feel compelled to stand up and to speak out for the man who i believe has a new vision for america. >> r...