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People were just taking off risk because they didnt know what was going to happen next and simply this week you had more sellers than buyers. it was a very simple mket dynamic that was going on. nothing fundamental alley was going on. you still have low unemployment in the united states, low unemployment in the euro zone a 10 year low going on there and global growth. we do have inflation coming up doesnt look like its six to 18 months out before it manifests itself but thats nothing new. nothin...

Little higher. the question is how much is it going to slow down economic growth. the key to this presidents policy is, with tax cuts and deregulations, getting economic growth going so fast and so far that it can cure other ills, like rising interest rates, and like a rising deficit because of these crazy bills they have in congress. if it affects growth. were in trouble. if it doesnt, if the overwhelming power of the american economy overwelcomes all of the other problems, were going to be oka...

Hillary campaign was not given to the court and interestingly, when fbi director comey-- >> they were not aware of the source of this material, that it was a political, you know, agenda here? >> no, no, there was apparently a footnote, but it wasnt disclosed and also when comey met with president trump, he didnt tell him that it came from the clinton campaign and that might have ended the whole thing right then and there in january because trump would obviously have spilled the beans on that one...

Traders. what is going on? neil, weve wiped out and you just reported, market wealth, if two weeks time equal, more than what we lost in the dot-com blowout. neil: is that right? >> 1.8 trillion in wealth. what is going on? i think-- and david has done this reporting, too. we try to get a handle what is the market reacting to? theres really no inflation, there isnt. well get a inflation inflation next week. theres 3m, mcdonds and input. what were seeing a government bond market crackup like a so...

Neil: sometimes trying to cater to the beast that is the markets can be counter productive but what do you think of whats been going on with these markets and the nervousness over interest rates? >> well good to see you neil thanks for having me. i dont pay too much attention to short-term market moves. youve been watching the markets a long time and you know they go up and down and the last couple years ive been at the federal reserve ive been trying to assess the labor market. we keep declarin...

Neil. thats the thing to be wary of. neil: a couple of years, a couple o dedes. ive lost my petite, peter, thank you very much for that. well see if hes right. peter, noted market bear. and youve heard from bulls and bears and i hope weve got you covered all points of view. same as no republicans or democrats, no red or blue here just green, your money, how to play this from here. have you been watching the olympics and the kumbayah between the north koreans and the south koreans? why is leon pa...

That neil but i did want to get your final take on this environment now that as people concerned about debt, maybe re trenching, maybe this market activity will have the opposite elect you want to see, that people will hear all of this, act on this and just close up their wallets. businesses too. >> well i think psychology does matter. i know after the financial crisis, ive permanently changed my behavior and tried to pay down whatever consumer debt i have as quickly as possible just because im ...

Government debt. we have a $20 trillion debt and were going to be adding a trillion dollars to it this year because of the spending deal this is a rotten deal and not good for any of those of us who believe that you can get too much debt for our country to bear. neil: all right, and he forced his point saying that what mitch mcconnell and chuck schumer cobble together bipartisan though it might have been, it bought off a lot of credit as a result, and youre going to pay for it, $400 billion wort...

Weve seen little of that so far it could be going on but they would usually announce it but what do you make of that? >> i think that tracy mentioned this, where is the money going when it goes out of stock? well money gets destroyed. it doesnt have to go anywhere. neil: excellent point. dagen: but what i am most concerned about is we are facing , you mentioned interest rates. we had an unprecedented era of cheap and easy money not just in the united states from the federal reserve but around th...

They did present basically information they knew to be false tohe fa judge and thats a very serious serious event here in our intelligence community. neil: back and forth both parties should be concerned at least about that aspect, james james kallstrom thank you for being here again. you heard from kentucky senator rand paul was a hell no on that spending bill briefly prompted a government shutdown to force the issue. i want you to meet someone a hell yes on it recognize fully the extra spendin...