You're watching...
Fox Business Senior Vice President and Managing Editor Neil Cavuto weighs in on the White House’s silence following the Dow’s recent record highs.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
In studio so -- Let's see here right 101000 hit with you could gradually to certain of the first quite an honor is that it is it's got more comfortable time.
Just flew you know I don't want your average money if -- -- yeah you would think that White House well tough man doubts 144 -- let's go USA.
Right now you know that's the box it was and as soon is the market was running up close sequestration we -- over the week before we were gonna get -- -- -- basket everything was going to be.
Horrible.
So.
How can you brag about a market -- -- to that hits records normally the president.
Whoever this happens to it and it in the White House when you've got to sort market you actually -- -- but that particular week coming as it did that particular week.
In the middle of what was supposed to be Armageddon it was to spare time that the White House needed.
It'll something bad happened at least based on its predictions of we'll just be careful -- rated.
You know you run out of stuff to -- with the that the markets that are are fickle beasts and they'll they'll they'll turn on you when you least suspect.
That and and I think it did to the administration now to be.
In this sort of conundrum where it can't.
Both says it otherwise will -- about a record setting Dow.
It leave it to do so now would would fly in the face of this argument that the sequestration was going to be terrific and they need -- president -- the lunacy of that by.
Kidding about the sequestration and as of gridiron dinner remarks as we can -- -- what was.
-- to solve a couple those lines right fires joke writers or something like that -- and that was the best ones and that's what is the extent and the -- the market rally in general those kind of interest to bluff your joke on 101000.
Hits a means in all -- you sit well it could be 101001 bubble having our -- our brain room is on it didn't you know there's -- Plus or minus we wanted to -- -- excellent.
I was making sure that wasn't the breaking news we had just -- -- -- -- -- -- I think that I thought I.
-- the market you know the ups and downs the stock market crash covered and 87 this net.
It doesn't seem and maybe I'm wrong about why would you say that I covered 87 implanted -- -- -- worldview I told him to do that right now but I know it just seems you know rank and yet exactly got to read this young guys say member of that grandpa when -- -- yes I was in fifth grade so the point is really it's effective the point something like Hamas is very hurtful this is not a treat some 1101000.
-- You're lucky break up the global zero -- that's fine but important about slowing deal with the work -- -- -- this neighborhood.
There are supported this right now but also really ahead -- -- -- -- -- just.
-- hello got out of points.
Doesn't look much like there's that much craziness about the market -- no dal 141000 hats or anything I'm just a militant but usually the in the past we've.
You know you us financial media types of -- got more worked up about it I don't know what.
You know I think -- you -- -- -- -- you guys are reported elsewhere really back to the future we're back to where we work.
In October 2007.
Men and -- you know it's it's nice.
But you're you're.
-- kind of back to where you were we also know with market highs -- -- To be -- sort of -- it's a teaser suits and not so great events we know what happened just a few months later in 2008 with the meltdown we know.
-- -- -- grandfatherly kind of dig you got -- a 1987 priced earlier in the year we had new highs and then of course we know what happened that October that your.
The same in 1929 no I was not there to cover that one -- you have a record run in the beginning of the year followed by catastrophe -- of the -- so the thing about market records.
Is they normally presage something bad down the road.
You've taken wouldn't get -- and certainly to be an all time -- -- not yet but I think that the administration is in this box about.
Bragging about something that could be sort life.
But more to the point bragging about something that is coming in the face -- sequestration cuts its war we're going to be devastated.
Now obligated to tell you did you content you -- Bhutto today -- every weekday 4 PM in the Fox News Channel with on my 101000 hit you're Petronas is -- your world.
And Cavuto I think 101000 there's a nice level -- -- -- to stock this might go back to you look better and younger than him and he set the work.
Yeah I think that's not a lot of abuse the worked -- I got a lot of business it's you know markets.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- You know what -- have to have been about eighteen rum cakes that you didn't never -- And hundreds of any jokes embedded in that bill thanks good to see you don't need without them England you know --
