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>> it has made day traders start to stock up on may lox. i feel bad for those that make a living trading stocks on an hourly basis. get out of it. don't trade stocks on an hourly basis not with donald trump running this economy any way. >> i appreciate it. you were good. much appreciated. i'll be right back.
>> bob, that's what's so fascinate ing about it. that they would, again, they're day traders. in this case, nikki haley wasn't eve even a day trader. she was trading by the minute. later in the afternoon the white house privately admitted they weren't going to yank aid and they weren't going to punish people, and so there was a softening of it which, of course, you know what that does. that just makes us look even weaker by night fall. >> a lot of the moral studies the united states and the tremp trump era. they look at many national agreements and institutions and see the president taking a h...
Saying different things, contradictory things. what you have to imagine happening is that teams are trying to defend their actions and their investigations. the clinton foundations and e-mails but it's not supposed to work this way. the fbi is supposed to investigate and the department of justice is deciding who gets a prosecutor and who doesn't. you don't comment on these things and dangerous territory to break that rule. >> you know what else? the polls. can you help me understand? on one hand, you say, hillary clinton is up by 6. but got a strong lead and abc with a tracking poll saying don...
>> no. great question. look, if you're in the stock market for the long run which is five, ten, 20 years, most of us are in not as day traders but for retirement accounts. you never want to sell low. right? if you sell your stocks now you're selling when the stock market is low. don't panic. do not panic. in fact, i actually think stocks are still pretty cheap right now. it's not a bad opportunity. again, if you're in the stock market for retirement purposes. to buy these stocks at the low prices. look at the apples and the general electrics and the microsofts. those companies are pretty cheap...
Want to look like day traders. >> right. so when you look at the financial gyrations, how does that pass through, affect the fundamentals of the u.s. economy? you see and unlikely to affect hiring or the unemployment rate before the september meeting but it can affect inflation and that's a real question mark in fed policy lately. inflation is well below the target of 2% for years now and been sort of stumped why it's not getting higher. to the extent that you see the stronger dollar, to the extent that you see falling oil prices, all of these things weighing on inflation, the fed wonders how ...