Page 2 - Programs Selling News Today

News. maybe weighed on stocks. what do you make of that? >> could be more fundamental than that. could be the fact that were getting ready to run a trillion dollar deficit. could be the gdp ratio is one to one. one of the things weve focused on in the freedom caucus is to stop the crazy spending on non discretionary spending. stuff that grows government. its a fight that were in the middle of right now. do what we need to do for defense and hold the line on everything else. >> neil: jim jordan, ...

People thought america could get again. keep that -- that is something else. the data is phenomenal. >> thank you very much. charles payne. on the phone with us is a successful billionaire, mark cuban. mark, are you nervous after today? >> no, im not nervous. i think it was necessary. i still think theres uncertainty about what the mark does next. when you have a run-up like weve had since the election, markets dont go in a straight line forever. something had to happen. it was a question of wha...

We remember with the 87 crash to a lesser degree, margin cars -- you had to get cash or sell stock to make hole. that started a new wave of selling after the event. you envision that? a lot of individual investors, the default is to buy stock on margin. in other words, borrowed money. >> and buy on the dip. its feasible that people saw a big sell-off early and then the markets started to go back up. everybody is like here it comes. i should have bought on the dip. so when it went back down, they...

In fact, the dow had not pulled back by more than 5% off of a high in more than 400 trading sessions. well, it has now and stocks were going down. interest rates were going up. that led some to at least started talking about fears of inflation. once again, listen to this. >> i think i the market can handle rates going higher gradually. but it will get nervous if rates spike higher. >> so finally neil, for some perspective on this, maybe on a day like this thats what we need, take a look at what ...

Events and he always mentions the markets and touts the fact that the stock market has been flying high under his administration. he left it completely out today. you are right, it took me back to the obama administration when you never took the presidents whole speech, he might take a little bit of it. today i think mightve been the first time we didnt take all of the presidents speech but i would make the point. the corporation behind me, they make cylinders for hydraulics and heavy equipment....

Of the period that theres world war ii and the depression, a presidential assassination and two oil crises and 9-11. youre in the middle of this period and getting shellacked, you feel it. but drifting back, the chart is going up. i always like to remind my own kids of the power of that over time, that im not smart enough to know the peaks and valleys and the exact moment. but i am smart enough to know that the trend is your friend. capitollism over time is your friend and that that is one thing...

A lot of talk about getting the democrat memo out which disputes the republican memo. where does that stand? >> i think theyre moving in that direction tonight. maybe theyll vote to make that public going forward. my understanding, it would have to go through the same process and the president will be responsible for declassifying that. im all for it. i called for it when christopher wray was in front of the judiciary committee. i said show us the application so we can know what happened. theyre...

Entire run up, but that allowed me to put a lot to the side in cash. i have a lot of cash on the sideline. i can buy on the way down and be occasion for the long run. so keep saying a again, everybody has to know what their own personal situation is, regardless of what i say. it matters about your own personal financial situation than what anybody says about the market. >> neil: are you going to run for president? >> i dont know. well see. what do you think? >> i dont know. i thought i would get...

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Today, it makes 8% from its highs. so a 5% correction handily in tow. for a while, we were appreciably beyond a 10% one. its now under water for the year. the dow under water in japan. its market under water. all the major european indices under water. that would mean the gains they experienced as the year ensued and its been an incredible year, gone. now gone. now as we look at this in fast forward motion, a lot of this was fueled by interest rates backing up. for awhile, a ten-year note, which...