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With it but of course we have incredibly polarized politics right now. >> i want to bring in our richard quest who is joining us right now. richard, as you see these numbers down 4.22% off the high, what do you make of it? >> well, add i said the best part of an hour ago, anderson, i'm not surprised. we're in that tricky part of the day where the market closes its po books within that last hour or so. so that there was acceleration in the selling is not a surprise. we are overall and we need to put it fully in perspective. we're down anywhere between 8% and 9% now from the all-time high. the t...

They reported results over the last year or two. all the banks basically said volatility has been down. therefore, our earnings have been hit as a result of it. this is -- we study this and look at this on an hourly basis every day of our working lives. i can understand to people who have watched the last two to three years and seen pretty much a salted ascendancy of the market now thinking is this calamity. well, there's not much you can do about it, you're in this now. this is where it is going. unless you have to get out, you don't. that's the fundamental rule. >> that's right. >> in terms ...

Commander in chief behave as such and that we can rely on the words that come out of his mouth and we cannot. it is so very important when he talks about black unemployment that he recognizes that since it's plummeted it is also now increased. so i wonder if he's going to take credit for that as well. it's time for this president to be honest. >> angela, what rob was saying was that it wasn't -- it wasn't helpful for the president to call democrats treasonous just as, you know, rhetoric on the other side talking about impeachment is not necessarily helpful and, angela, there are a lot of democ...

Okay, we can all agree now, we're going to talk about transportation, right, infrastructure? >> is it any different -- is it any different than what happens at state of the unions all the time? from past presidents as well? republicans stand up when it's a republican president, democrats do when it's -- not saying it's right, but it just -- do you see this year as particularly different? >> i do, yes. i think it's -- i mean it is so toxic right now on both sides of the aisle. and for the democrats, a lot of it is az specific hate towards donald trump, the person. and sometimes you also have to...

The key actor here. the fed has kept interest rates low for many, many years. the wage inflation that we're seeing now is really the result of that. i always say presidents get too much credit for good economies and probably too much criticism for bad economies and that's true not just in this presidency but for any. >> it's interesting, as the president was speaking the dow is going down and now we just saw it go down to 800 and now it's at 793. just overall, just to put it in context and perspective, how big a drop is this, a drop of 3% today? >> you know, it's not as big as you would think....