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Is not such a run-up. you say what? >> well, you are correct in that housing is always local. when you have a boom in housing, it favors certain areas. those areas tend to carry-over into speculation. when we talk about housing pricing being up 52% in the past six years, that's the median family home price nationally. the problem there is that once again, that median family home price is 30% above a long-term inflation trend. i think the best case scenario would be housing prices would level off. again, that seldom happens. usually what you see is the speculation and excesses that we're seeing...

Things differently. but you have the overconfidence, arrogance, all the things that you mention, of jared kushner to think, oh, i'm meeting with these officials and this is a great thing, and really not having a firm understanding of the risks of doing something like that with a country like china who is a strategic partner, but somebody a country the united states has to keep a careful watch on for counter intelligence. >> jared kushner seems to be at the center of this corruption and cluelessness. we don't know how significant it is, those russians showed up at the inauguration. we don't kno...

Democrats will take over the house in the midterm. eight republican chairs announced their retirement. 29 house republican seats are open, a retirement record for the gop. democrats kwrouts performed in all seven house elections last year, a record number of democratic women are voting and considering running for office. and recent polls show voters prefer democrats for congress by a ten.margin. chris stirewalt editor of halftime report. all that said, chris, the director of the center for politics at the university of virginia tweeted this. pundits made a flat prediction of a democrat tsunami...

What is it that is crazy right now? >> we might be in 1997. the last two crashes in major recessions happened because bubbles popped. it was tech stocks and 05 and 06 and 07 was real estate. we don't have a tremendous bubble but it's getting close in stocks and the cripto currency thing. i don't think we're quite there yet, but it's getting close to the dot-com size in total value. things to watch out for. they're based in overconfidence and over the wealth effect going too far. too much of a good thing. we're probably not there yet. probably has a couple more years before it gets totally insa...

Saying oh insurance policy that they were all in to do this. >> this was, of course, their presumption, their sloppiness was born out of overconfidence. they presumed she would win. they got a little nervous so they wanted that insurance policy. but they felt comfortable, kimberly, to be as sloppy as they were because they felt the system would, in fact, make this happen. this is what is so shocking about what the american people did last year and why they can't adapt. this is their issue. and, also, i would say that for when it comes to the republicans, i appreciate congressional investigatio...