We be worried about markets and economy that would potentially get knocked down . Yes, we should. Simply the markets, in april baron did excellent analysis of conflicts since 1980, conflicts of day one, once military conflict got involved. Its telling whats going on. It started with grenada, panama and later libya. The month leading up to, the market is down and the six months after, if military action is involved, six months, first day of bombing, the market is up 7. 2 as compared to average and the market what its doing is uncertainty before something that happens. You cannot have anymore uncertainty right now. You have a guy in north korea who is an absolute loose cannon with a nuclear threatening to bomb guam, whatever that is we will see turmoil. Dagen gary, b. , do you think youll see that in the coming weeks and months of uncertainty, potential selloff in the market . Well, i think is john is right i dont think grenada is not similar, they didnt have Nuclear Weapons as extensively north korea does. The better parallels is the cuban missile crisis, but even then that lasted about two weeks before anyone on this panel was even before but i was in grade school and the market went down about 5 , 5 , thats not much. Now the market is only down about 1 or so, in fact, as you mention it, leveled out on friday but here is the thing, after that was resolved, the market was up in the next four years, 75 , it nearly doubled in the next four years. Look, if there are missiles fired, all bets are off. Who knows whats going to happen. But if there are not and the chances that this will get resolved one way or another, it probably at the end of this which will probably last no more than a week or so, im still bull you shall on the market. Despite the selloff after the markets reopened, 684 points in the first day of trading, the dow was back to where it was before the 9 11 terror attacks but early november of that year. Our economy came out of a recession in november of that year, so, again, there is always resill reciliency. I think you can attribute to words and action. 20,000, i think that investors were likely looking for a reason to selloff and certainly the rhetoric gave them that reason, the bigger fear for the market is not actually whats going on between the u. S. And north korea but instead what happens in congress, i think if congress cant get tax reform through and get cant obamacare through, i think thats going to hurt the markets much more than the shortterm geopolitical tension that we are seeing around the world. Dagen rising of a mishap of not raising the debt ceiling. Talk about north korea, youre trying to place bets or make investments based on the wildly unpredictable behavior of kim jong un, a madman. Well, i dont think the stock market, the stock market is a great mechanism for whats going on discounting the future, measuring recession and Interest Rates and i dont think it factors in doomsday scenarios. I didnt in the cuban missile, that was a lot, a whole other level than north korea. Ic personally and maybe the market thinks this is World War Ii Army could beat north korea pretty clearly even with a couple of nukes that arent accurate. At the end of the day, you cant discount a doomsday scenario situation like when you get to war. When you get Life Insurance they dont get priced that you get hit by meteor, theres other things that are relevant. Its going to keep going on and get more technology and then they will have accident, its going to be the kind of mishaps that almost happened with us in the soviet union many times, computer glitches, start a war by accident, this is not a regime that has act together like the soviet union did. We have to deal with that at some point. Dagen capri the backdrop at least as we deal with this growing threat from north korea is an economy that looks stable with unemployment incredibly low at multiyear low and more than a million jobs created since President Trump took office . Well, i think we do node thoo put this entire thing into context, theres no question that there is a level of volatility and uncertainty within the market right now because of the obvious concerns surrounding north korea and nuclear capabilities, at the same time, we found ourselves the in alltime high, 22,000 on the dow, at one point, what goes up must come down a little bit and theres going to be a course correction, what we are seeing right now is a little bit of the fact that we were hiding historic skews and it was going to come back down regardless of what was going on in north korea, that north korea circumstance did add to volatility, the volatility index is, i think, at the highest at least since may, for example, and we are seeing some volatility and some downward spiral in the market not just in the dow but the ftse 100 out in britain, down roughly a hundred or so points. So, you know, i think that we all need to take a deep breath as was said, nothing is prepared for doomsday scenario, but i think this is something that a bit of a course correction right now and things are going to be stabilized. Dagen gary b. , perfect world, a democratic lawmaker talking about index. I did check out, it does pay out if i hit with a meteor and asteroid, i have to correct on that, if it wasnt north korea it would be something else. That said, this is kind of a situation that no one really has experience, we have been through the gulf war and been through all of that other than going back to the cuban missile crisis, weve never had a dictator say, hey, i might nuke us, even cuba wasnt going to nuke us, they didnt have that technology. This is a dangerous situation, personally with at least part of my portfolio im on the sidelines. Im more of a trader. Dagen john, i want to ask you before we go, give you the final word on this, what about the cost of us, the u. S. Not acting and taking a tough stance against this this Rising Nuclear threat. We are going to have to do that sooner or later and might as well be now because this guy the Nuclear Armaments and potentially could sell to get money. When world war ii veterans could defeat this guy, world war ii veterans, 80 years old can bet this guy, their military is absolutely zero match for us, the only wild car are the Nuclear Weapons and at some point we have to address this. And potentially maybe a trade war with china, that was certainly part of the economic. Thank you guys and gals. Kennedy is filling in for neil, kennedy, what do you have . Kennedy fire, fury, many condemning message to kim jong un but someone hearsays they are scolding the wrong leader and if his party cant get things done, the party may reach across the aisle to cut taxes but would the deal with democrats backtrack on taxpayers. Dagen thank you, girl. One gop lawmaker crying foul after protestors show up at his home, they did go too far. This is a partisan attempt to hijack quite frankly a meeting, my home. At some point, somebody has to stand up and say enough. Usaa to me means peace of mind. We had a power outage for five days total. We lost a lot of food. We actually filed a claim with usaa to replace that spoiled food. And we really appreciated that were the webber family and we are usaa members for life. G new cars. Youre smart. You already knew that. But its also great for finding the perfect used car. Youll see what a fair price is, and you can connect with a truecar certified dealer. Now youre even smarter. This is truecar. Youre searching for something. Whoooo. Like the perfect deal. On the perfect hotel. So wouldnt it be perfect if. There was a single site. Where you could find the. Right hotel for you at the best price . There is. Because tripadvisor now compares. Prices from over 200 booking. Sites. To save you up to 30 . On the hotel you want. Trust this birds words. Tripadvisor. The latest reviews. The lowest prices. Live from americas news headquarters in washington. Im elizabeth, good saturday morning, President Trump and chinese president xi jinping have spoken over the firm. The white house confirms that both discus making the Korean Peninsula free of Nuclear Weapons, president xi called on u. S. And north korea tone down rhetoric and avoid action that is could increase tensions. The judge ruling that the radio host failed to prove the singer personally set out to have him fired, however the judge is allowing suit against mother. Im Elizabeth Prann in washington, now back to bulls and bears. Dagen protestors hitting a little too close to home for minnesota republican congressman jason lewis because they were literally at his home. He says that is way out of bounds but the group behind it says it is necessary because he will not hold town halls, gary, you think this went too far . Absolutely. Look, i think this is a slam dunk in the video the people are on his porch for crying out loud. If im the guy, im barricading myself in the house because you know what happens if he steps outside, someone throws a brick at him or hits him over the head, its a dangerous situation. As much as we malign senators and congressmen, my god, this guy is in a tough spot. Are people allow today protest, they have to find a middle ground other than coming on to the mans property where they should all be arrested. Dagen morgan, way too far because the First Amendment covers the freedom of speech but not on someones private property . Right, its not just the congressman and his family that they were disturbing is his innocent neighbors, they are in a neighbor. Most people probably watching this that are on the panel will think its out of line but it is sort dangerous when you look at the fact that there was a livestream of sean spicers house whenever he resigned as press secretary. I know sean well, he has two small children. Of course, we know what happened at the baseball field. Members of congress, members of the senate, they dont go around with security and so, you know, maybe he didnt have anything to be worried about but how do you know, this time is an elderly person, how do you know who it is next time. Its clearly out of loin and the organizer of the protest said she would do it again, democrat leaders need to come out and say, hands off, we are not going in peoples porches, there needs to be a line of common decency. Can i jump in here, i may be the only person that has actually held office on the panel right now, part of being a public certify vapts means you are just that, youre on duty 24 7. I certainly feel for the member of congress and you have he has an argument people trespassing on property. I was in office for ten years, i was followed into the ladies room, ive been stopped at the gas station, ive been stopped at the Grocery Store. Ive been talked to at the gym. Theres no bounds that folks have and frankly these people are our boss and if you ran into your boss at the Grocery Store you wouldnt, you know, ignore them, you would have to talk to them. Theres a big difference theres a big difference between that and somebody come to your lawn, i dont dispute that, however, when youre a Public Servants these are some of the risks you take on. Dagen at what point do we put a stop to this and stop putting peoples lives at risk potentially because somebody is upset about medicaid cuts that havent even been passed. Im not sure that gives you anymore inside into this than just observing and Approval Rating of Public Office im not sure i would be bragging about it either. The problem that you have with these guys, the freedom of speech and not freedom of responsibility from that speech. What happened to the softball field is atrocious and disaster, this is a disgrace for these people. Theres no reason, even with low Approval Rating to be in fear of their lives or fear of their family lives because its not just these people but there are a lot of mentally instable people and you start putting houses online. Ive had people show up at my office, it happens. Who cares if they did that . Just because it happened it doesnt make it right. Its a risk you take when you take the oath of office. No, you dont take a risk of people coming to your property. Theres a line. Your address is public record. Dagen did these people cross the line . The last show we talked about the long vacation after watching the video does not seem to appealing to me anymore. I dont even like it when the pap razzy is staking out paris hiltons house, i think its out of line. You definitely earn more public scrutiny when you are voting on things that are important to people and havent worked out what plan b but that can be done in public wherever you vote, it doesnt have to be at a house. Again, its like the pop razzy can follow paris hilton to the club but dont go to her house. Dagen it violates somebodys rights, thanks guys and gals, trish regan hosting cashing in. Trish, what do you have going on. Trish hey, dagen, does the white house have any hope of stopping north korea if it doesnt stop the leaks . And new york citys subway crumbling, its liberal mayor wants to raise taxes, someone here said how about just cutting spending. Cashin in. Dagen online giant step to go World Domination could give consumers a step up its me and my best friend only new tena intimates has Proskin Technology designed to quickly wick away moisture to help maintain your skins natural balance. For a free sample, call 1877gettena. Dagen coming up, amazons boss to make biggest loser but some thing it will be the biggest winner. Dagen look out ticketmaster you may be amazons latest target. The giant is in talks to tap into the u. S. Ticketing market. Morgan, you say this would be great for consumers. Yeah, i think this is the fundamentals of capitalism, whenever you have diversity of choices for the consumer, ends up with lower prices, Better Options for the consumer and Better Options for, you know, around. Amazon is going to have to deal with the venue owners and try to make this actual work but if they are able to, its clearly going to lower the prices that consumers pay, its a winwin. Dagen jonas is this a win for anybody who loves live muis snick. All this Tech Development has been beneficial to the consumer which is why the government has stayed out of it. I worry about tech, five Tech Companies want everything, is all consumption going to be amazon. What are they going to do with all that power . I worry about what thats going towards. Dagen gary b, is this good news . Yeah, i think its great news. The bigger point that jonas brings up the fear of technology taking over but whats monopoly these days with netscape, was dell a monopoly, exxon in a monopoly, ebay is a monopoly. You can get your power to your house other than from your local utility, there are no monopolies anymore. Its just too difficult in this age, i think its great for amazon but dont be competition out there if it doesnt work. Dagen capri. Ticketmaster is domination for tickets including europe, im a music chick,i say bring it on, go ahead, amazon, we want lower prices. Dagen john, final word to you. Always a great show when john gets called, long way to being a monopoly. Gary b is right, itll be great for consumers. Dagen jonas does have his purple set samsung phone. [laughter] dagen thank you, guys, morgan and capri specially for joining us. The rocky markets got you worried . Fear not, our guys have picks to get you through unstable times statins lower cholesterol, but can also lower your bodys natural coq10. Qunol helps restore this hearthealthy nutrient with 3x better absorption. Qunol has the 1 cardiologist recommended form of coq10 qunol, the better coq10. Its just a burst pipe, i co laugh it. No. With claim rateguard your rates wont go up just because of a claim. I totally couldve no switching to allstate is worth it. Dagen predictions, gary, b. , go. When the world was about to implode, you know what i was doing i was watching ozark on netflix. 250 in the next five years. Dagen you look like a house of cards, john, do you like it . I love house of cards, i love the company netflix, im worried about the stock because so much competition coming online. Dagen john your prediction . Chevron, i think its going to continue and benefit the may majors, i own it. 20 . Dagen what do you think . I liked it when it was standard oil monopoly. Dagen what about your prediction . Longterm u. S. Government bonds in portfolio, tlt will do that. Dagen gary b. , what do you think . A snoozy funny, the stock was at the same level in 2013. Get something else, anything else. Doomsday hasnt happened yesterday. Dagen john, final word . Boring pick ive ever heard in predictions, congratulations. [laughter] dagen love you guys, kennedy is now. North korea best not make any more threats to the united states, they will be met with fire and fury like the world has never seen. He does anything with respect to guam or any place else thats an american territory or an american ally, he will truly regret it and he will regret it fast. Kennedy doubling down, tough reception from lawmakers and media was it diplomatic talk that got us into this giant mess . Hello, everyone, im kennedy in
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