Detailed text transcripts for TV channel - MSNBC - 20190710:17:58:00
Market. a real steep correction. and then we bounces d off of itt rates and it seems like they will. >> so 19.38%, that is a remarkable gain. a lot of people will remind me as we're talking, they will tweet us and say because you are coming off of this massive loss in december. >> that's right. so we are back to and a little bit above where we were. but what is happening why we're at records today, the notion that he will cut -- the fed will cut interest rates means that money will be cheap which means that companies can borrow to expand, keep hiring. that keeps the economy going. and fed chai...