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>> to say something like that is not just foolishness, it's insulting to every entrepreneur and innovator in america. >> neither candidate wants to campaign in defensive crouch. they want to be on offense. the polls nationally, virtually tied across the country. state battleground, romney seems to be gaining ground. both candidates will have to spend the next 16 weeks or so on both offense and defense. >> bret: more on the context with the panel. carl cameron in boston tonight. thank you. the dow gained 35 today. the s&p 500 was up 4. the nasdaq finished ahead 23. mortgage rates have fallen to...

Continuing production. that means the bureau of labor statistics, the models are confused so we can expect the confusion to continue. >>shepard: but the recovery is slow. how does this affect housing? gear -- >>gerri: housing market is struggle, nowhere near the rate of six million homes in a good year. but the good news, mortgage rates at a new record low, 3.53 percent. if you have even thought, had even a fancy, of buying a new house, now is the time to do it. you may never see these rates again. >>shepard: we have been saying that for a year. >>gerri: and they keep going lower. >>shepard: b...

Because they believe they have enough demand for their cars. they're keeping it open. this is really messing up the models that the bureau of labor statistics. >> shep: regardless, the economic recovery is slow and that appears to be affecting the housing market in a big kay. >> housing market, sales down 5.4%. we're way off the annualized 6 million pace of a healthy market. that 3.53%, 30 year fixed rate, the new low, very luscious. tonight on our network -- >> shep: luscious? is that what you said? i like that. >> if you want a house, it's on sale right now. not only the price, but also the ...

To reduce hiring. >>shepard: there is talk about the administration being antibusiness and the west on business but businesses are thriving in the way we have not seen in a long time. the dow is way up. >>gerri: not because of the numbers we saw but traders expect stimulus. they hope for it. next, federal reserve meeting tuesday we could get news on that looking for something to "goose" the economy. >>shepard: there is a silver lining, gas prices are way down. the average cost of a gallon is $3.53, 40 cents lower than april. i remember in april people were predicted $5 or $6 gas. it did not ha...

That nobody's read. [laughter] so, but it's a strategy, is it not, to sort of just keep a straight line, you don't have to dazzle, just don't, don't mess it up. >> he just wants to be that ford taurus that people look at and say that's a reliable car that's going to get me where i'm going. he doesn't want to be a jaguar, he doesn't want to be something that makes your heart pound, he wallets to be something that's reliable, that you know -- and has good gas mileage. [laughter] megyn: thanks, chris. i love it when we do the car analogies. they work. thank you, sir. [laughter] well, we'll be wat...