Detailed text transcripts for TV channel - CNN - 20190607:15:09:00
Trend. certainly, the federal reserve will want to see if there's a trend. let me show you what the reaction is in the market. look at the dow. it's back above 26,000. almost a 300-point rally. why? because investors in the upside down world of investing, this bad news was good news. because wall street is betting that if the president tanks the american economy with his trade wars, the fed will have to come in and rescue it with rate cuts, kate. >> that is the definition of upside down world, absolutely. >> that's how it works. you have multiple trade wars on multiple fronts, and the presiden...