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His coalition that probably do a lot of work on exchanging on the stock market. this is the kind of thing that republicans didn't want to talk about, shep, after tax reform and the fact that the tax reform approval increased so much between december and now, it's much more popular. they're dealing with the fact that they're always getting to another government-funding bill or questioning whether or not there will be a government shut down. they have to raise the debt ceiling a fan in a couple weeks. they're looking at the fact that they know they stimulated an economy that was in a bubble. not...

I'm tempted to do, you'll see something in the negative. you don't need to do that. you don't lose money until you sell. ashley webster, the final bell will start ringing in 45 seconds. >> where do we finish? down more than 1,000 points? maybe more sell orders coming in. looks like we'll stay below 1,000 points shep. 4.3%. >> the s&p 500 is off 100 points, 3.63%. the nasdaq index is now off 3.37%. 237 points in the nasdaq and a wild dow right now. 1,100 points on the dow jones industrial average. thankfully we're not at the numbers we were a few years ago where this would be an enormous percen...

>> it feeds on itself, shep. once you see one big drop down, somebody else is saying get on the phone to that i can brother. >> shepard: like we might test though lows again? >> we could. it's interesting. funny about the president. for the first time he didn't mention the markets. >> shepard: who didn't? >> the president. rightly so. he can still take credit for a 20% gain. >> shepard: he can take credit for it if he wants to take blame. previous presidents have said you can have that. i don't know what will happen there. >> we'll see. >> shepard: he might have to worry with a fix. >> maybe. ...

In fact, it's down so much the graphics don't fit on our screen right now. the dow is officially now in market correction. should it close at these levels. >> should close at these levels. we're seeing across the board nor the dow jones average, all of these stocks including apple, which you'll remember, shep, some of us reporting last week earnings of a dis appoiappoindi. >> wells fargo down 8.5%. the s&p down 5% from the latest high, which was again set on january 26. investors are clearly worried about evidence of rising inflation in the united states. when it costs more to borrow money, wh...