Detailed text transcripts for TV channel - MSNBC - 20180205:20:19:00
But remember part of the reason they were on such a tear was the fear of missing out. president trump is the best salesman of the economy out there. and he talked of tax reform and deregulation and people were excited about it. but underneath that there are solid earnings. they are not extraordinary and that fear of missing out had many investors piling on in the second half of the year. we talk about it all of the time. you saw the index at very low levels and we scratched our head and said with all of the global risks people aren't concerned. they stopped being concerned because they felt --...