White house communication director hope hicks, hearing on capitol hill taking questions from the House Intelligence Committee as part of their investigation into russias meddling or perceived meddling. Here is the thing, everyone. This investigation has not come up with any hard evidence of any collusion of the Trump Campaign working with the russians. So is the president right, when he says this is nothing but one big, giant witchhunt . We are on it. But first, lets go back to the top story. Fed chair Jerome Powell, in his first testimony there as fed chair on capitol hill, is indicating some good things ahead. Those tax cuts are working. Maybe wages go up. Maybe that means the fed has to be more aggressive. Our own adam shapiro is following it right now. He has the latest. Hey, adam. Reporter trish, he talked about the economy. He talked about wages, expecting wages to accelerate. It is really about jobs. He pointed out in the opening testimony, in 2009, 15 unemployment for people without a college degree. High school graduates. 15 unemployment has fallen to 5 1 2 . They expect pace of inflation, job growth, all to accelerate as we go forward. This is one of the key points he made while testifying earlier today. It does feel to me that were, the next couple of years well be quite strong. You should see Strong Demand from consumers. You should see businesses investing. I would expect next two years on current path to be good years for the economy. Reporter but question a lot of investors have, will the fed become even more hawkish and raise Interest Rates faster than the gradual. We keep seeing gradual in their testimony in their statements further gradual increases. Right now were on track for three increases but as the fed temporary insinuated at the next meeting in march well get a new plot as they call it. We may find out they may be on track for more increases. For those looking for reinforcement. If you believe he is hawkish, the fed subsequently will be hawkish, listen to what the fed chair said right now. We reached the point where the risks are twosided now. We need to keep that into account. If we do get behind and, the market, economy does overheat, we dont see that now, hasten to add. If that happens, well have to raise rates faster. That raises the chances of a recession. Recessions tend to hit vulnerable populations the most. Reporter so a lost take lot of takeaways from the testimony as we head into the fed meeting in march. There will be fed rate increases. They dont want the economy to overheat and they expect wages to grow. They expect acceleration there but as of yet not quite what the fed would like at least as part of wage growth. Back to you. Trish thank you, adam. Down 126. Joining me with reaction, editor and publisher of the gartman letter, dennis gartman. Dennis, i would remind everybody it is healthy the fed think things are good enough they may have to increase rates. Not a bad idea as the fed says. As my good friend brian wesbury, says the economy is not a racehorse but a plow horse. It is plowing pleasantly forward. It is likely to continue further, which means rates have to go higher and the fed chairman has acknowledged that fact. I want to point out something i bring up a lot here, the law of unintended consequences when it comes to the Federal Reserve. In other words, the fed keeping money flowing, keeping rates so long for such a historic amount of time, they in some ways, dennis, i fear took away normal pushpull, yingyang of supply and demand equation. Yes. Trish in other words why should i do something today when i can do it tomorrow or next year because money will be just as cheap if not cheaper then. There will be Deflationary Forces not uncouple bent for that long period of time. The fed is trying to create inflation. Eventually that will show up. Thus far the productivity numbers have not and supply of labor from abroad continues to keep wages and, wages down, productivity up. So inflation has remained shockingly low for protracted period of time. Trish yes, shockingly low. You think of productivity, you think of creativity within the tech space. That is the big thing. Trish how much it has affected inflation. Think about productivity and creativity in the oil patch. What they have done in the oil patch over course of last five years. To think the United States soon will be number one producer of crude oil in the world. We just surpassed should should. Were going to catch russia in nottoodistant future because of fracking and horizontal drilling. It is not just computers. Tall in technology in the most old style economy. That is what impresses me. Trish i will go out on a limb be here. Well get inflation. A little. Trish that is good. That is healthy. We need inflation. For goodness sakes wages have not grown in 30 years. No. Trish we dont want it coming back, too quick, but a little bit is a good thing. Let me ask you, what did you think of Jerome Powell. What his testimony as fed chair . I think he did a great job. As we were be tag beforehand im surprised how somebody of that consequence can have some of the silliest questions asked of him and abide the questions without breaking into abject laughter or putting his head down and crying. I laugh were off screen we can do that this poor gentleman has to answer the questions if theyre important and to be acknowledged. I think he did a very firstrate job to be quite honest. Trish sadly too many members of congress do not understand economics. That is quite apparent when you see them question the fed chairman. Im always impressed by every fed chairmans willingness to deal with that. Yeah. Trish there was one particular example, dennis and i were talking offcamara before the show started that struck both of us as especially egregious. Here we go, Keith Ellison questioning Jerome Powell. Watch. Would you like to just talk about what it means what it would mean to take 700,000 people out of the economy . Lets just say they all went to mars for some reason . In fairness, congressman i am really not getting into the debate over daca. Im not going to do that. Im not asking you, sir, im asking you to talk the about economics of it. Let me ask you this. Let me see if you can answer this. What, what does it mean to have a group of people in their prime working years suddenly disappear from the economy . Well, all else being equal you would lose some productivity from that, some output from that. Okay. Thank you very. Trish yes, i won. Youre going to lose productivity. But heres the thing. Youre actually going to have a pretty big effect on wages by reducing the amount of labor there. Yes of course. Trish this has been the argument that too often poor and minority populations are hurt by the illegal immigrant workforce because the Illegal Immigrants are willing to work for a whole lot less money because theyre not here legally. That is what kept wage prices down, no question about that. I was impressed by the fed chairman, fed chairmans ability to explain that one, this is not the feds responsibility. The feds responsibility is to keep inflation in check, to keep it to 2 , keep the economy moving forward, to ask that not be questioned about daca, and to be questioned about five, six, seven times, to be able to say, okay, finally, if you take 700,000 people out. Equation, all things being otherwise equal it will probably have some damage to the economy but you and i would have had a hard time finally not saying enough. I was watching that you forgot the but, right . Yes, temporarily you will have a little bit of a pull back in productivity. You know what it actually would be . Rather healthy for all those people, i talk about the hourglass economy, all the time, dennis. All the people on the bottom that have been slipping as our middle class is squeezed. They have been. They have been. Trish they have a shot getting a higher wage because theyre not competing with the other labor force. Anyway, this is, an interesting well keep discussing this. I have a panel later. There was a case in chicago of a bakery had to fire all illegal workers. They hired legal americans come in. Guess what . They had to pay them more. They had to pay them a lot more. Trish dennis gartman, thank you very much. Lets get to the markets with nicole petraeus on floor of nyse. Looking at selloff. Down 120 near the lows of the session after starting higher. Adam johnson joins us, publisher, editor, founder of bullseye brief. First to you, why are we being led lower . Intel seeing some gains. But rest of the market not doing so well. Nicole . All right. I thought you were going to adam first. Pressure is on. Weve seen rising rates. Were not too far off session lows. Were still down 100 points. This is after two great days. Traders talking about very politicized talk there with mr. Powell, our new fed chief. They were too sort of taken aback by some of the questioning. Big picture here, commentary. That is all positive. Better economy Going Forward, wage growth Going Forward. Inflation. Well learn more about what the plots are Going Forward for three hikes or four hikes this year in march. So that is the big picture here. It is interesting to see some great names seeing highs. Amazon, netflix, nike, boeing, jpmorgan, all highs. The vix, this is my last point, had the biggest gain in more than two weeks right now, up at a level of about 18. That jumped. Rates moved higher. Traders taking in line of question, which was someone interesting. Back to you. Trish thank you so much, nicole. Over to adam johnson. Adam, you and i said this, i feel like ad nauseam now. A good economy actually has a fed that has to do its job to move rates higher at some point. I dont like the idea of, say lending money to the u. S. Government for 30 years and only getting 3 return on it. Isnt this just a return to normal . Yeah. Trish dont investors need to kind of accept that . Yes, that is exactly right, trish. If you look at the 30year mortgage it is so incredibly low still, i mean think about it this way, trish, if you were to go out borrow 100,000 on a 30year fixed, it would cost you 477 a month. That is so incredibly low. I remember when it was about 700 bucks. Whether rates go up three times this year, four times this year, it is still so low. We need to get back to normal. What we heard from chairman powell, we are getting back to normal. He gave us by the way, two years worth of runaway. Two years of employment are alive and well. We have wind behind us. Yes, rates get back to normal. Trish somewhat impressed, recently, we were all talking about here together, when we saw fed minutes this last week, it indicated that the fed was showing some trepidation. In other words they were nervous about whether or not the tax cuts would have the effect that washington wants them to have . Oh, they will. Trish i agree with you. But they were nervous about that they were concerned that maybe wages wouldnt be moving higher. But lets not forget, that the minutes were from a while ago. They were looking at some old data. We have had a lot of data updates since then. We sure have. Trish things that really do suggest that those tax cuts, that tax reform is starting to have an impact. How far will this impact be . How far will it go . Well, trish, consumer confidence, alltime high. Small business optimism, alltime high. Intention to hire, alltime high. I mean these are very bullish indicators. What theyre really speaking to, are the fundamentals of the economy, trish. We keep talking about the two es of earnings and employment. It is powerful to have highest number of americans ever gainfully employed, out there spending money. Add to that the fact that americans are getting a raise. 95 of taxpayers last week got a raise courtesy of tax cuts. Works out 4 to 5 . You add to that, some of those 1,000dollar, onetime bonuses. Trish, so powerful. The economy doing so well. I agree with the chairman, we have lot to look forward to as members of the economy and investors in the market. Trish nicole, i dont think we can underestimate the power of confidence. The power of Consumer Sentiment and the power of positivetive. In other words, my frustration during president obamas years every time we get maybe a little glimmer of hope in an economic report, he would always caution, you know, we have a long ways to go. Right. Trish we hear something very different right now. Politics aside, doesnt the positive message mean something to everyday americans, good news begets more good news. Thats right. Our president , who is the president of the United States of america, not one side of politics, the truth is, he said well be winning so much you will get tired of winning and that is the ultimate idea behind confidence and that started from late 2016 when he took, when he basically won that election. People started to feel more optimism, more opportunity, more productivity, more reinvestment. And finding out that optimism can actually build confidence and boost the economy and boost the markets. What is interesting though, powell certainly took a little bit of a cautionary tone, a little bit of hedging saying all the things in place should bring the final outcome but he did have to hedge a tiny bit there. I get it. I respect him for that. Anyway, good to see both of you. Adam, nicole. I want to point out. I was in nashville yesterday. Spoke to group of 7,000 wonderful, wonderful people down there. I talked to a lot of ceos while i was there. They were in the audience. What i heard over and over again from people was that theyre feeling better about things. That sentiment is better. They like less regulation. Their employees like getting more money in their paychecks. All of these things start to add up after a while and i do firmly believe that positive news helps. It puts people in a better frame of mind. We are positive people, arent we . White House Communications director hope hicks testifying today behind closed doors in the houses investigation into russian meddling, an investigation that still hasnt found a link between the Trump Campaign and russia. Where is that collusion everybody keeps talking about . Is the president right . Is this nothing but a mere witchhunt . Our Panel Debates it here next. Last years ad campaign was a success for choicehotels. Com badda book. Badda boom. This year, were taking it up a notch. So in this commercial we see two travelers at a comfort inn with a glow around them, so people watching will be like, wow, maybe ill glow too if i book direct at choicehotels. Com. Who glows . Just say, badda book. Badda boom. Nobody glows. He gets it. Always the lowest price, guaranteed. Book now at choicehotels. Com but im not standing still. And with godaddy, ive made my ideas real. I made my own way, now its time to make yours. Everything is working, working, just like it should trish breaking today, white House Communications director hope hicks appearing before the House Intel Committee on that on going russia probe. Let me be clear. There are a whole lot of probes going on right now, several probes right now, none of them, not one, so far has found any evidence of collusion between the Trump Campaign and russia. But you know what they did find . Sadly enough that our Justice Department relied on that fake trump dossier to issue a fisa warrant for trump advisor carter page. No wonder the president is calling this a witchhunt. Is that indeed what it is . Does this deep state go a whole lot further than maybe any of us perhaps thought . We have just learned attorney general Jeff Sessions will look into this fisa abuse. Joining me right now for analysis, conservative review contributor tom borelli, and democratic strategist and new Jersey Senate candidate Democrat Michael star hopkins. Good to see you both. Tom, starting with you, here, what do you expect them to possibly learn from hope hicks today . Absolutely nothing, like has been found so far. Both congressional committees and special counsel mueller have found absolutely nothing. It is important just to stick with the fact the. The facts are they have found no evidence of collusion between the Trump Campaign and the russians. But what we do know is that democrats paid a Foreign Agent, Christopher Steele, to use propaganda to try to undermine President Trumps campaign. Thats a fact that cant be denied. Trish what is wild about it, is, it is, you know, perhaps propaganda that was fed to him about it russians themselves. So the collusion is on the democrats side, not the republican side. Could you imagine if it was reversed . Could you imagine if Trump Campaign hired a Foreign Agent to come up with propaganda and then that was used to influence the media . Remember Christopher Steele briefed the media. Trish right. In addition to trish right, there were members of the media that were out, you know yahoo news article. Trish using this. How do you respond to that, michael . If the tables were turned what would that have looked like . I got to say i love both of you guys this sounds kind of insane. We know from the democratic memo that the steele dossier was not basis for this investigation. Not true. We can trish tom, says that is not true. Not true, michael. Trish republican memo they did finish it. They did tell the judge that it was propaganda. Mccabe said if there was not the dossier there would be not application. Democrats didnt deny that in memo. Why am i here if im not going to get to talk. Speak the truth, then you can talk. Trish go ahead, michael. We mow know that papadopoulos conversations that started conversation. The individual working, carter page, we know about him working with the trump administration, because of previous investigationwith his ties to the kremlin. Trish wait, follow this through for a second. You still believe somehow that donald trump and his campaign got together with the russians and said what . I have no idea because there is on going investigation but what with we do know, what, five members of trumps inner circle pled guilty to felonies. We know that gates today is now giving information that 22 counts for his prosecution are being removed. This is not nothing. Acting lying it is nothing it does a disservice to everyone. Trish no american colluded. He said no american colluded. What rosenstein said in that complaint, the complaint he was talking about there were no allegations. Trish may be Something Else. Do you think at all, michael this has been going on for so long and yet thus far no evidence . No. Because were looking at complex, Financial International investigation. What i think is odd to be completely honest is just how in the tanker one is getting about whether or not democrats, republicans everyone is talking about what they know and they dont know. No one knows anything because no one knew before the indictments who mueller was going to indict. It was a surprise. Press didnt know. Republicans didnt know. Democrats didnt know. We need to take a deep breath and let the investigation happen. Trish i would only point out, tom, that the most disturbing thing of all here is that perhaps Vladmir Putins goal was to wreak havoc on our system and create dissension and distrust. Guess what . The democrats have basically served that up on a big silver platter. He we a, meorivided in some ways than eve before. That is absoluty right. Pun that is iane. Putin got what he wanted. Democrats were right behind it. They funded Christopher Steele, who used propaganda against the Trump Campaign. But good news here though, now we also know that there really is a deep state. Look at department of justice. Mr. Ohr, wife worked for fusion gps and i did not disclose his wife was getting income from that organization. That is a lot of news. How many thousands of text mess many as between strzok and page, crooked cop comey and band of thieves they have all been exposed here. I cant wait for ig report coming out on the Justice Department. When did you guys become such conspiracy theorists . That is truth. Mueller a guy who served our country, who was a republican, gotten appointed with pure republican support. Right. Hired a bunch of democrat activists on his staff. Trish apparently anybody but a democrat if youre looking for a lawyer. Michael, conspiracy theory, if you ask me the conspired theory is at other side right now. You guys are somehow believe there is no possible way that americans didnt like Hillary Clinton. That somehow Hillary Clinton should have been the president of the United States. I worked on campaign and said i completely understand how people would choose to not vote for her. Trish that is where the conspiracy is coming from. Lets not kid ourselves. The russians didnt prevent her from going to pennsylvania. I got to leave it there. Lots more to get to. A market off 153. Just checking the dow right now. Good to see you, tom. Thank you very much. Chicago is rolling out an i. D. Card program for its residents, regardless of their immigration status. So what will stop Illegal Immigrants from registering to vote . Our own jeff flock has all the details on this goody next. Oh good, youre awake finally. Youre still here . Come on, denise. Were voya we stay with you to and through retirement. With solutions to help provide income throughout. I get that voya is with me through retirement, im just surprised it means in my kitchen. Oh. So, that means no breakfast . I said there might be breakfast. I was really looking forward to breakfast. I know. Voya. Helping you to and through retirement. Trish this is interesting one. The city of chicago is rolling out what they call a new city i. D. Card for every single resident in chicago. Doesnt matter if youre here in this country and in chicago legally or not. This is a mayor rahm emanuel special. He says the i. D. Will help bring people out of the shadows. The i. D. Card will also be accepted as a legal form of i. D. For anyone wanting to register to vote. Uhhuh. So he says the city would actually make sure that you couldnt lie as far as being a citizen because, if you did lie, you would go to jail or be deported. How is this going to work out. Jeff flock live in chicago with more on this interesting stuff shall we say, jeff . Reporter devil always in the details, trish. Yeah it is, the noble notion of this, yes, people come out out f the shadows. Maybe they dont get taken advantage of as much. They can open a bank account. This is not just undocumented folks but people got out of prison or homeless or whatever, not a bad idea. Here is what the card looks like. The problem is the details. It is called city key and you get your picture on it. The thing is, you need to get one of these cards or want to get one of these cards, you have to prove two things. One, you have to eligible for a city key, applicants must show proof of identity, who are you, residency of the city of chicago and that you live here. You dont have to be citizen an or prove you are a citizen as you point out. On the Voter Registration application, it allows you to apply to register but not allow you to vote. You can use this as identification. It is still not legal for illegal immigrant to vote. You have to swear or affirm that you are a citizen of the United States in order to legally register to vote. The problem is, nobody checks that. According to the illinois board of elections you do check a box that attests to your citizenship. Youre signing a legal document that says i am a citizen but no one registers, who registers to vote is required to bring in a birth certificate or other proof of citizenship. So if youre willing to lie about that, which the city points out you would then be potentially subject to deportation, would be committing a felony. You might be torpedoing any chance you ever have becoming a legal citizen, if youre willing to do that, you potentially can register to vote using i. D. Card. Just for perspective sake, i give you these number, end with this, trish. There are about at last count, 183,000 undocumented residents of the city of chicago out of population of less than 3 million folks. That is about 6. 8 . Even fit ace small number of folks that were to illegally register to vote and vote, you potentially could have some impact in elections somewhere along the way. That is the story. Trish that would the no be good. Hate to point out the obvious. Jeff, thank you so much. If you can tamper with elections in any way, by having people vote illegally, why would you allow that to happen . Anyway, President Trump is expected to visit Southern California next month to view the prototypes for his border wall. This as the Supreme Court has rejected his administrations bid to bypass a federal Appeals Court and get justices to weigh in on the fate of daca, a program protecting immigrants from deportation. In recent weeks federal judges in San Francisco and new york have ruled that the president can not end the daca program for people already signed up. And congress is getting nowhere on the issue. Joining me right now republican congresswoman martha mcsally, a Senate Candidate as well in arizona. Good to see you, representative. Good to see you, too, trish. Were getting somewhere. Be optimistic. Trish i look at it, say, my goodness, the president was willing to offer 1. 8 Million People who are here illegally a path to citizenship. And the democrats saying no, it is not going to happen because you need to forget your ideas about ending chain migration and lottery. So it seems to me that the layperson her like a pretty good deal. And one president s base, including yourself not overly psyched about. 1. 8 Million People are here illegally, will give them legal status but the democrats wont accept. Is this how broken we are . President called out about the democrats leadership. Appears doesnt care about the daca recipients. Willing to shut down the government over this issue. Theyre not willing to talk to him about what is a very generous offer to them. On our part in the house, why i opened up with optimism, we still have our bill and we are moving on our bill. We are working with talking to members, suggesting tweaks to the bill. This is kind of the sausage making of the legislative branch. Not sexy but very important. And were moving it forward with tremendous momentum. We have almost 100 cosponsors now. The American Farm bureau came to support it. Steve scalise, our whip, cosponsored it, additional signal that the leadership is behind it. Were continuing to work it with 218 votes to have a vote on the floor. Regardless what is not happening in the senate and what Court Rulings are, we still believe we must do something on border security. We must end chain migration. Of move towards meritbased system and do something on daca. Well keep moving on it in the peoples house. Trish good, and maybe you guys will be successful, but we still have a senate. We do. I think house moving on it, perhaps reset the momentum. I think perhaps the democrat leaders dont think that republicans can have consensus on this issue. I totally disagree with them, working on this three years in general, almost six months specifically on this legislation. We have got tremendous consensus and momentum going. I hope that well reset the negotiations so they would realize, look the president s offer is actually a compromise. We are to the right of that. They are to the left of it. So that is the definition of negotiating. They need to start coming over to listen more to what the president is offering and see what the peoples house is moving towards as well. This ultimately has to get through the house and senate, be signed by the president. The house will speak on this i foal optimistic about it. We still have work to do. Were doing that roundtheclock. Trish keep it going. Thank you very much, representative. Good to see you too. Trish martha mcsally. Markets are indeed in the red. We cover from the lows we saw. Were down just 100. Were down because, well, things are getting better, better enough that the new head of the Federal Reserve, Jerome Powell, says, yeah, we may actually get a little bit of inflation. The fed may have to react to that in a small way. It is funny though, right, when you see good news in the economy, it doesnt get a whole lot of attention but bad news, boy the Mainstream Media loves that were going to talk about this and what it means for investors next. Youll get clear, actionable alerts about potential Investment Opportunities in real time. Fidelity. Open an account today. Your outlook for how quickly the fed should tighten Monetary Policy changed in light of tax reform and budget agreement . I would say that the, my personal outlook for the economy has strengthened since december. Well be taking into account everything that has happened since december. Trish i love hearing that, dont you . Everything that has happened since december. You know what happened since december . We have gotten tax reform and tax reform is going to help unleash economic prosperity. This is e con 101. You lower taxes for corporations for individuals, you unleash prosperity. You lessen regulations, you unleash prosperity and in fact that is exactly what weve seen, right . Although today down a little bit because investors get a little bit nervous when they realize things return to normal and Federal Reserve will have to be more active. Look at yesterday, the dow closing up nearly 400 points. If youre watching the evening news you would have no idea about that but you remember earlier in the month when we had tough days, down days in the market . All three evening newscast, i dont know anybody really watches them anymore. I used to work for one, actually two of them and, i dont think anybody really watches them anymore. They say they do but im not entirely sure about that. Any way, they still kind of hold this standard, well, they devoted 23 minutes, 23 minutes to the selloff that you saw. But in the last two weeks, when markets were doing really well, were talking 38 seconds, that is how much time they spend on good news. Bellpointe chief strategist david nelson, media reporter for thehill. Com joe concha. Joe well get to the media in a second. Let me start with david. He is an investor. You care. As an american you care. Whether the market is up or the market is down. Politics aside, however much the evening news broadcast may not want to report on good news for this economy, isnt this actually important to know about . It is important to know about. Doesnt matter what side of the aisle you live on. Probably with a 401 k , it is certainly important. The economy, it is important to your job. It is not surprising that the media does this. Doesnt fit into their agenda. Every station has their own dna. Market up 400 points, they barely cover it. The market goes down 1500 points, they cover it. That is unfortunate part of the news media. Trish it is a little bit of a plane crash. If it bleeds, it leads. That is little unfortunately for the Mainstream Media, and certainly the evening news shows, bad news is news that they think people would turn into. I get it. Trish that said i think there ising Something Else going on as well, joe. And that is that the democrats have no policy and they would be wise to find some. I would encourage them to find some. Because Economic Policy does matter and it has an effect on our oh all economy. I think as Jerome Powell is pointing out, what we have seen since december out of the white house will turn into Economic Growth or should at least, i guess he hedged a bit, turn into Economic Growth. Yet, the media, if you think about how left many members of the media are, they dont necessarily want to report on that Economic Growth, do they . Can i answer your question with a question, trish . Trish you always do that. Go for it. Thats true. Its a hab by what was Hillary Clintons economic message or the democratic message in the 2016 election . Because i dont know what it was exactly. I guess maybe level the Playing Field or something but what do you think it was . I dont even remember and we cover this stuff. Trish take from peter to pay paul. I think it was income inequality but that is also the message of the republicans right now. I hate that term income inequality because we have worse income inequality than bangladesh. Everybody is basically equal and poor in bangladesh. Everybody is equally poor. You need to fix it and the hourglass economy i talk about. I think both parties understood that, but one party or one candidate had a solution and the other didnt. And i think media, you know, you know that the majority of them are sort of in the left side of things and not entirely fair and dont entirely understand economics and perhaps thats why they dont want to report on say tax cuts being good . Right. Donald trump had a message, particularly to those in pennsylvania, wisconsin, michigan, the blue wall that came down. Well keep your jobs here. Well Keep Companies from leaving. Well give you tax breaks so your wages go you, more money in the paychecks and you dont have to work twice as hard to make same amount of money. Hillary clinton, for life of me i dont know what her message was. That is the trick. That is the same thing in 2018 elections. To your point about the evening news, a lot of people watch, 25 million between abc, nbc, cbs. Trish actually very, i was down in nashville, tennessee. I was stopped repeatedly in the airport, hotel. My father was traveling with me. I think he got a real kick out of it. When i worked for the evening news shows, that never happened. I did get stopped once in funeral parlor in buffalo, new york. That was bit. Which tells me for whatever reason cable certainly resonates in a way and has more power than perhaps joe hits on an important point this, rally and economy, not just about wall street anymore. Is about main street. Wasnt just wall street got earnings bump. Main street got earnings bump. It is polling better. Behind closed doors, some democrats are going, what if the trump guys pulls it off and pull off the economy to accelerate it . As we head into the midterms that could change the dynamic. Trish it sure could. Democrats go to the well of racism, sexism, no one wants a racist in the white house. Go to identity politics. Trish as opposed to policy and policy is actually what is going to change peoples lives in all of this, joe. Always does. Trish more complicated. In terms of media, yeah, it is complicated but not that complicated yet again. If you get out of your ivory towers of media capitals of new york and washington, and actually go to the fly he i dont have states in the rust belt, interview people, is it really real on the ground . Are you getting bonuses . Are you getting wages back, higher than you did before . I want to see more reporting like that. Im just not seeing it because it is lazy otherwise and people got to get out of new york and washington, get to flyover states and talk to people instead of pontificating to them. I hear you. I would point out as evening news correspondents, producers, we have to work with trish, because we talk about the fed and tax policy i would get all excited. They were like, how can you stand this stuff . I love it this is what matters. Good to see you, joe. David good to see you too. Well be right back. Markets off 170. But before you decide, you should know that chevy silverados are the most dependable, longest lasting fullsize pickups on the road. Which means that ford f150s are not. laughs which truck would you pick . The chevy. The chevy. The chevy. There you go. Boom. That was obvious. Plus it looks cooler. No doubt about it. Now they know what to get me. laughs attention homeowners age sixtytwo and older. One reverse mortgage has a great way for you to live a better retirement. Its called a reverse mortgage. Call right now to receive your free information kit with no obligation. It answers questions like. How a reverse mortgage works, how much you qualify for, the ways to receive your money and more. Plus, when you call now, youll get this magnifier with led light absolutely free when you call the experts at one reverse mortgage today youll learn the benefits of a governmentinsured reverse mortgage. It will eliminate your monthly mortgage payments and give you taxfree cash from the equity in your home. And heres the best part. You still own yohome. Call now take control of your retirement today trish more than a dozen major u. S. Companies are cutting ties with the National Rifle association all in the wake of that Horrific School massacre in florida. Gerri willis live in the newsroom with details. Fedex not doing this but many have. Many have, thats right, trish. Just three days after delta announced it would stop offering discount the fares to members of the nra, the National Rifle association, georgias Lieutenant Governor is threatening a critical tax break for the airlines. Casey kagel, who leads the gorge Ga State Senate tweeted this, i will kill any tax legislation that benefits delta unless the Company Changes its position and fully reinstates the relationship with the nra. Corporations can not attack conservatives and expect us not to fight back. In the wake of last weeks massacre at a Florida High School tell at that along with United Airlines became the latest major corporations to sever market ties with the nra. Kagel is demanding at land at that based delta, one of the states biggest employers, make a choice, stop punishing nra or watch republican lawmakers strike down 50 milliondollar sales Tax Exemption on jet fuel which delta would be primary beneficiary. In a longer statement he said this, if Corporate America cantwants to make a positive difference on gun violence, donate profits to Mental Health treatments and School Safety initiatives. Severing of ties by corporate names to major insurer to car rental brands and Household Moving Company began after the nra launched a counteroffensive against a studentled campaign for tighter u. S. Gun laws. Nra said its members were punished but would not be intimidated what it called a shameful sis play of civic cowardice for some corporations. As you mentioned not all companies are backing away from the nra. Fedex, says has never said or changed rates for any of our millions of customers around the world. In response to their politics, beliefs or positions on the issues. And the twitterverse exploding with criticism, efforts to organize a boycott of shipper. New york and virginia offering to host and become the new home of fedex. By the way we reached out for a comment from delta. Still waiting for that. Trish . Trish businesses getting into the act on nra. Thank you very much, gerri. We talked earlier about the importance of confidence, the importance of positivity. Well follow up on that next. Trish confidence matters. How we feel about our future as americans matters. It matters to us, it matters to the job market, and it matters to the stock market. And i am so happy to tell you confidence is at a 17year high right now. 130. 8, 17 years ago, gosh, i was just Getting Started in the Financial News business. And were right back there. Liz [laughter] feeling good . Liz yeah, except that were watching something happening, and so we thought, trish, from back in the day, you know, in your previous life maybe on wall street e. F. Hutton, forget e. F. Hutton. Remember that commercial . Well, when Jerome Powell talks, people listen. Wall street watching every word just a few hours ago, the new fed chairman making his debut on capitol hill testifying before the House Financial Services committee. Markets were hitting highs, cooking along. But what happened during the question and answer session that forced almost an immediate selloff that you see right now with the dow down 157 points . Adam shapiro is there, and hes got the one