Detailed text transcripts for TV channel - CNN - 20180209:15:26:00
You look at a -- a .6% move, 162 points, that's not a big move. big moves are 4%, 5% moves and that's what we saw yesterday and almost 5% move on the dow jones industrial average. the s&p 500 lower today than it was when the tax bill passed, december 20th. think about that. part of that reason is because that tax bill is a stimulus, but also adds to the deficit. we have this spending bill, the past overnight, this morning, really, the president signing this morning, that adds to the deficit and that's another reason why interest rates rise. worried about inflation. the economy is strong, thoug...