one of them is the economy. the bottom of the last three sessions was june of 2009. we re getting close to ten years since the last bottom of the economy. the record is ten years. it was set in 2001 when the market turned down after 1990s. but that s not it. it is also the housing market. that s been on an expansion since 2012. so there s something driving optimism in multiple markets, but the same force also suggests to people it might be about to come to an end. maybe we won t set another record for the longest expansion. we re getting close to that record. maybe people don t have faith now in the economy as they did a
5 trillion dollars in the course of this president s administration now entering its fifth year, it s utter hogwash. why can t anybody be honest about it? try some new ideas, think originally. and what you need here is not another list of government programs and trillions of dollars spent, to hire more public employee union members which is the real idea. we need a strong, positive leader in the white house to start driving optimism and focus on the future that s brighter than this sad path that has been created over the last three and a half years, the worst recovery since the depression. megyn: we re number one, covered that, but this is officially the worst recovery in the history of america. lou, thank you for being here. thank you, welcome back. megyn: thank you, sir. back in october of 2009 the taliban stormed a remote u.s. outpost in afghanistan, greatly outnumbering the 52
wall street starts the day, 11,123 after gaining 183 and the s&p rose 20 point, the nasdaq went up 46. taking a look at overseas trading in tokyo. the nikkei added 83 while in hong kong the hang seng grew 534. no short taif term fix to europe s debt problems but for now investors are encouraged its leaders are working on a solution. at a meeting yesterday europe s leaders promised unlimited one-year loans to the region s lenders through 2013. that should help ease fears of financial instability and added protection. well, financials rallied here at home including morgan stanley which took a beating over fears of its exposure to european banks. back to school sales lifted most retailers. that along with news that initial jobless claims rose slightly less than expected last week. it s driving optimism that today s big jobs report will