Detailed text transcripts for TV channel - FOXNEWS - 20131118:21:03:00
It is rich and many could say on a price earnings basis. the dow is not cheap but not obscenely rich. do you agree with that? >> i agree. as far as historical measurements go, we are in the middle of range and that -- in the middle of a range of a slow and painful recovery. we should be much further along, but the fact of the matter is this has been the slowest recovery i've seen in my lifetime. we should be much further ahead and therefore so should the dow. that's the reason the fed had the excuse not to pull away from the market, they continue to intervene in places with the quantitative ea...