listen. >> there is a parlour sport in washington of when is the last minute? you can't do that with a debt limit. with a debt limit, if you look for the last minute and you make a mistake, you have done serious damage to the u.s. economy. to the world economy. it's just not responsible. it's reckless. >> so is this dysfunction and uncertainty something that investors are going to have to get used to? >> i think so. i don't think this is going away any time soon. >> these deadlines. it's going to be governing by deadlines. >> look back in history the last couple years. we had the fiscal cliff coming at the end of 2012. 2011, this debt ceiling debate once again, the s&p downgrade, the u.s. rating from aaa to aa-plus. so we have seen this in the past. also, look at that chart, christine. every crisis we've had within about a few weeks to a month, we had a major rally following that. >> is that because the fed is pumping so much money into the system? the fed is the only one operating here. there's so much money sloshing around. >> i think the fed obviously affects that entire long-term chart which is an up trend. i also believe that people when they invest, they invest for the
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