Of news, which relates to what the president was saying, the inflation status came in half of what they were expecting. that is inflation is only growing half as much as what the economists said it would. what that means is that your dollar, your paycheck is worth more than economists thought it would be. you can buy more when inflation is down, and secondly, more likely to raise rates. sandra: just last week, the dow hit an all-time high. the second die we see this big of a sell-off after this record, people get nervous. it doesn t necessarily mean it is warranted. look at that number. 25,000. 25,421. it was around 18,001 donald trump was elected president. so that is about a 35-40% rise still. so don t be so also, if you put it in perspective sandra: why does it keep
But if he can pull this off, maybe he does get a nobel peace prize because we ve made more progress with north korea than obama. you and i work together at the wall street journal. maybe he won t get the nobel peace prize, but i think you and i can agree he deserves the nobel economic prize. he s on the edge of economic dismay if he puts out these tariffs. dow hit 25 thousand today we re going live to hawaii where the kilauea volcano is spewing at residents. look at that. thanks, gentlemen. we ll be right back.
Billion trade deficit with china, it s not, it s $375 billion. so he s not really handling this. this requires a scalpel and he s using a sledge hammer. but he is right, china does need to be dealt with from a trading perspective. i want to ask you about this economy. just tonight i was made aware of the list of the top ten single day point drops on the dow. a bunch of them are from the housing crisis, financial crisis in 2008. four of the top ten all-time single day point drops have been in 2018, under donald trump. what s that about? part of it is because the dow is as high as it is. this has been going on since 2009. it was march 9th of 2009 that the dow hit its bottom. it was about 9,000 points. so we have gain sod much that a day like today, 700 points. when i was younger and had hair, 700 points, people would be jumping out of windows. it is 2%. if you look at it from a percentage basis, we re not
China, it s not, it s $375 billion. so he s not really handling this. this requires a scalpel and he s using a sledge hammer. but he is right, china does need to be dealt with from a trading perspective. i want to ask you about this economy. just tonight i was made aware of the list of the top ten single day point drops on the dow. a bunch of them are from the housing crisis, financial crisis in 2008. four of the top ten all-time single day point drops have been in 2018, under donald trump. what s that about? part of it is because the dow is as high as it is. this has been going on since 2009. it was march 9th of 2009 that the dow hit its bottom. it was about 9,000 points. so we have gain sod much that a day like today, 700 points. when i was younger and had hair, 700 points, people would be
Billion. so he s not really handling this. this requires a scalpel and he s using a sledge hammer. but he is right, china does need to be dealt with from a trading perspective. i want to ask you about this economy. just tonight i was made aware of the list of the top ten single day point drops on the dow. a bunch of them are from the housing crisis, financial crisis in 2008. four of the top ten all-time single day point drops have been in 2018, under donald trump. what s that about? part of it is because the dow is as high as it is. this has been going on since 2009. it was march 9th of 2009 that the dow hit its bottom. it was about 9,000 points. so we have gain sod much that a day like today, 700 points. when i was younger and had hair, 700 points, people would be jumping out of windows. it is 2%. if you look at it from a percentage basis, we re not