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Surprising we are rallying into this meeting with north korea. this is a big week coming up next week. we are right at a critical level for the s&p and the dow. if we get over 26,000 in the dow. we are going to make new highs, i never thought that would happen this summer. let me just say if we make new highs in the next few months this summer you, that is so early and unexpected to me for the way the price looked in february when we fell. we will explode right up into the next presidential election for trump to get going and maybe reelected again. he might actually get reelected again if the market runs up like that. neil: you know, gary b. i m wondering, all the years i have known you and talked to you, you know, have you talked about meltdowns and melt ups and a lot of people looking at what s been happening of late. melt-up we keep climbing up and up and up. warren buffet thought we were in the sixth inning. neil: i thought a baseball game was nine innings, two third through it ....
Neil: gary b., what do you think of facebook s stock that s taken a beating? well i tell you what neil i think you and i have talked a long time. i ve never been a fan of any product or service that i don t personally pay for. i understand their business model, never been one for me. i think it s kind of a fad. i always thought it was a fad and its lasted a lot longer but if facebook vanished tomorrow life would go on. i could live without it and so could the billions of people using it, so i think it s a stock i would avoid now and in the future. neil: i ll put you down as a maybe on that one. danielle, do you think the company has legal problems that all of a sudden now it s going to have to face, you know, lawsuit after lawsuit from shareholders who are angry to customers who feel they ve been duped, what? so every state has a consumer protection law to mitigate unfair and deceptive practices and if facebook is found to have been dishonest with its users about the privacy ....
They got through. charlie: i like some of them. neil: will you credit him with anything? charlie: he did not invent the tax cut. neil: wait wait wait. did he do anything good in his 14 month as presidency? charlie: yeah, those items which were part and parcel of the republican agenda and here is where the pain is going to be felton this when you do not a comprehensive trade policy when you do this tit for tat stuff. neil: well we don t know. we don t know. gary b., you re listening to this and getting furious. well as furious as you can get because you don t have a temper. i ll give you this because charlie says oh, trump basically is saying he s not a good negotiator. trump in the greatest negotiators of all-time convinced the american public for every what, 15 professional politicians that have been doing this their entire life went against the grain of everything that politics has ever stood for and managed to get elected. that s not a negotiation that s a good campaign. ....
, who could see their information, friends or friends or friends or actually third party app they will have problems and as i said before the ftc, congress this could go on for some time. neil: i think you re right. you know, heather having covered a lot of this over many years, and gary b. would remind folks decades, i notice too, a man or woman in the technology industry they re geniuses they have to be but they they re big on the iq, as i was saying during the break but not on the eq, not big on the empathy thing, because they re that smart but they forget because there was an exception to this steve jobs who was very passionate could easily get angry, but he definitely had empathy and i wonder what zuckerberg has to do to get in that steve jobs motife. it s hard for them. i don t think he can do it. yes he may be lacking emotional ....
Intelligence but he s brilliant in other ways. neil: i said the same of gary b. by the way, but yes. of course when he testifies in front of congress the stakes are very high for him, this company, facebook i don t really think cares about user data and they have 500 billion of market cap, so they brand themselves as they re allowing a free service for the entire world but at what cost? i m always skeptical when someone says a service is free. there s no such thing as a free lunch. your data is being sold to a third party and the solution is to blatantly perhaps disclose that any time you want to sell my data to a third party for a fee, let me know. check it out with me instead of burying it in all of the privacy agreements opt in and opt out. neil: they re possible. no you re right. they are possible. you know, gary b., i don t want to link to similar items, but i think it s open season on technology companies, whether what s going on here with ....