Detailed text transcripts for TV channel - FOXNEWS - 20180205:23:05:00
>> bret: powell has been on the federal reserve board since 2012. here are some numbers to put things in perspective. in terms of points, today was unprecedented. previous biggest drops between 700 end 800 in the financial crisis of 2008. today's 4.6% drop was far from any historical record as far as percentages go. the dow lost almost 23 percentage points in october of 1987. black monday. there were big losses in the great wall street crash of course of 1929. nothing even close to that right now. let's get some analysis right now from gary b smith, the fox news contributor. gary, it is jerome...
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