Cavuto Explains Market Rally
FBN’s Neil Cavuto on the current market rally as summer nears an end.
- Duration 7:39
- Date Aug 17, 2012
FBN’s Neil Cavuto on the current market rally as summer nears an end.
Also in this playlist...
This transcript is automatically generated
Service crosses larger turn in all about the soft it -- missile -- -- to Rudolph are theoretical -- showed very monoline.
Not done what it's a big adjustment you know becoming -- -- o'clock time period as you know we're beating bill -- -- every -- And tell -- this is always a tough uphill climb it's a -- just as you know you know from your.
Our radio numbers -- -- -- your blood did you did they equally translated to cable you would be off the charts and it's -- does gonna Fox News.
Fox Business but we have steadily grown thanks to you in the morning it's certainly.
McConnell surrendered today in what Lou Dobbs does Lori and today -- -- -- Hewlett.
I like everyone on Fox Business I like what we're doing at Fox Business.
I like the fact that we have broken more stories.
Contacted more big names.
Then ahead of the curve on issues like -- programs and broken this stuff and I think there is no I miss teen scene and if you don't get with the program.
And maybe you should leave because you're being very mean nasty and Teddy.
And -- -- torture does to do you -- And our money for breakfast Adel -- -- don't -- -- systems into an undercurrent in front of an -- sort of Dornan.
Solar stock market is up.
Every business reporter I am -- announced there would know better than you.
And -- that -- the economy has not doing well -- 300 to such -- 6000 people -- her groceries and jobs.
Number all of sort of thing.
Soul so why is the market off.
Except for of course for the -- in the economy in the doldrums.
We have some days the markets of the economy can go into different directions I think a lot of -- as the markets have changed in the tanner is changed.
That invariably what markets like to see has something they didn't like to see in the past that is either government rescues what they're talking about in Europe.
You know another round of the Central Bank here.
You know buying up treasury notes and securities as sort of -- you know another way to keep this economy going and keep it revved up it is for sometimes the most illogical reasons because this is a sort of a Blase fares stay out of that -- -- environment but the times being what they are the markets respond to the thought we're gonna get more stimulus.
And since Ben Bernanke and central banks are the only real.
Respected game in town we respond to what they're doing what they could be doing.
And you know -- the bottom line not all the numbers have been awful addictive.
I keep track to these about eight -- attended in less than expected -- a daisy get a surprise you get a strong retail sales report.
So we're not necessarily going to Helena hand basket just maybe purgatory and campus but I don't think regular people who are -- to a -- talked -- -- Thanks that anything's good.
I'm not even know right -- -- there again easier.
War negative dismisses depressive view of the world's I Mena.
I think again I I I always looked at at at at -- and a balanced way on -- -- I think you're right most of the economic news is bad I think most of it has been.
Depressing and I think.
It it does raise questions about the strength of this recovery -- -- slip into something.
Even worse and I do think there's there's a very good possibility that happens we go back -- another recession.
But but well I don't know there are a number of other.
Very good signs and we had very very low interest rates thank god for those of interest rates -- this debt which is.
In comprehensively huge would be a lot more -- to carry.
And and you know you have seen pockets of strength -- some technology areas.
You a lot of people can afford to the fall when we could see a lot of new devices -- the market that's always have boosted the economy so I always look.
For the good news -- like you always great into the -- So one rejection of the direction and -- -- there's -- going to be decided on they're coming for some else.
-- People vote -- did he really do vote on our on whether.
It's time to change horses here I think in 1980 it was sent some -- Because they were serious doubts about whether this.
Cowboy governor from California.
Should be entrusted to take over.
The White House but -- that one debate with Jimmy -- He changed the game and Americans were willing to change horses and put put him in -- over Jimmy Carter.
A so the economy certainty wanted to change.
I think they were still doubts about Mitt Romney and whether there's a comfort factor with him stepping and but it will.
It will matter that those those debates do for Mitt Romney what they -- for Ronald Reagan of course back then Reagan had only one debate.
Was with Jimmy Carter but -- -- but that that could set the states.
And ornaments government -- -- of people that.
Are on reported.
The -- around 13% -- as well.
I don't know I mean I you always look at this and say.
I'm not so much worried about his taxes on -- about mine I'm not zero.
Much worried about his money -- about mine and I I AM.
I think Connell brought up earlier on this show that you know there's no question -- any legalities and laws being broken here the fact of the matter is.
If you took advantage of a tax code that allowed for whatever he made -- of capital gains -- dividends the bulk of his.
His large income and that was the going rate so be it that's what it is but but you can't blame him for that that -- that's attacks have but.
I don't know about you about it we have a problem with our economy.
Whether you're right -- left and it's not -- awful idea to consider.
An accomplice businessman or woman.
To have a shot at senator and I I I don't -- would you want someone pour.
To take over right now on -- may -- that work with Abraham Lincoln that was a good move at the time.
But but bottom line I think -- most of our successful presidents even those admired.
On the left -- -- Franklin Arizona John -- -- They they were paupers so I don't.
-- -- notion that just because your rich.
Variety you know you can and you -- of sort of a a distant relationship to the average man and woman on the street and that you can't possibly do the job I think.
All the better I want someone Richard it would who presumably knows how to make money keep money -- hand -- -- fundamental point.
This should the US question comes -- and a Carl Jeffers.
Now -- while awful.
You know well you know don't have these these -- these media departures like Raymond and in the middle of -- and interviewed -- You know -- -- -- exchange of Bill O'Reilly yesterday and that you could tell -- -- every was and is the onerous state.
He's just thinking like why am I doing this on trying to talk a book I guess that's working but it's like -- being interviewed by Freddy Kruger on a Bender I mean a lot -- -- Jesus.
Now Pablo Alvarado and auditors stadium but you do not Love Boat ride I don't know you don't percent of no you -- love anyone you don't.
Maybe years on maybe give -- but I think I would put it that I'll I loved it.
Noted in southern so you don't and so you know you don't do -- -- Plus 200.
Business while there are -- Bernard well are you coming back here yes worried it's on the ballot on assignment and it bono's sleet and insulating and how high up -- are you where you are now if you can't -- about the winners like.
-- -- Or 7000 street but I'm.
I'm there's some thousand street I'm on number one story building -- you coming back because you made its I don't know -- debunking what we've learned it was another and what are they don't worry about tomorrow you are not coming back.
-- about a -- -- anywhere I would say yeah.