Page 32 - Wealth Effect News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> neil: and the only kids with tear gas-- >> and by the way, wall street people selling those stocks are selling on behalf of average people and mutual funds. >> i don't think that average people would-- >> and goldman sachs. >> the disappoint over the fix leaving. >> bottom line, ben bernanke what's a greater wealth effect. interest rates at zero. >> he agrees with you when he says that the response was childish. >> it's not childish, this is rational. >> and interest rates are going up. >> and you don't even listen to charles payne, go ahead, dagen. >> and this is -- whether you're an inves...

Economy has to grow to keep that number going down. the question is will we be able to continue that. charles payne is a fox business network anchor. he's joining us now. charles, ben bernanke has to be careful about what he has to say. what do you make of the comments, is it a vote of confidence? >> reporter: you're right when you talk about ben bernanke being careful that's the key. he's walking a fine line. they want to take credit for all the things they've done, how creative they've been. by the same token i think he realizes that what we are seeing is not necessarily a mirage, but the dr...

Consumers, think inflation is coming down the road, they will change their behavior today, that actually create more inflation. >> very good. >> like raising prices in the pipeline to ensure that their margins don't get squeezed because prices go up in the future. we could be in the beginning of a very dangerous cycle. >> think about why he's doing what he's doing. >> who? >> ben bernanke, i mean, this is the reason, i mean, all of this comes back to 0% interest rates and worrying about the banking sector, and he's worrying about the economy still. he would rather create a wealth effect of peo...

was 14,164, but we have come a long way, baby. a long way from the bottom, like we have doubled. that is pretty incredible. and also incredible, the surge since president obama took office. the dow is up 63% since inauguration day. that ranks him fifth. after 1,153 days in office, fdr, calvin coolidge, dwiez eisenhower, and bill clinton had b better records. and this is important, because a lot of the americans are invested in the stock market. according to gallop, 54% of americans own stock through the pensions and the 401(k)s, and the market is not for the very few. the question is...

long way, baby. a long way from the bottom, like we have doubled. that is pretty incredible. and also incredible, the surge since president obama took office. the dow is up 63% since inauguration day. that ranks him fifth. after 1,153 days in office, fdr, calvin coolidge, dwiez eisenhower, and bill clinton had ben better records. and this is important, because a lot of the americans are invested in the stock market. according to gallop, 54% of americans own stock through the pensions and the 401(k)s, and the market is not for the very few. the question is will the largess will last. ...