time. carley say, pack a snack and read it. it is worth doing. the market is reacting to the largest federal rate hike in decades. three major indexes taking a beating. the dow closing below 30,000. bill: it signals a bear market taking hold. they shed all their gains since the president took office. dana: adding insult to injury mortgage rates are soaring to their highest level in 13 years. inflation is at a 40-year high forcing nearly 60% of americans to dip into their savings or go into debt. bill: all this putting the white house in crisis mode. good morning. the president has grown increasingly frustrated with his polling and with his media coverage. he sat down with the associated press for the first time, by the way, since taking office with that publication to push back on all this blame saying the economy that he inherited and the pandemic that left psychological scars on the american people have gotten people down. fox news poll this week showed that his ove
his new album. you are such a humble guy. you got on a plane. a lot of cancellations and made it happen. happy to be here and get invited. here is breakfast for you. amazing. that looks so good. bill: good morning, everybody. call it a bear market beatdown awaiting the opening bell after yesterday s bloodbath. the president says a recession is not inevitable. seems to be a debate on that. i m bill hemmer. you made it to friday. dana: the gift of understatement. i m dana perino. he hadn t done a one-on-one interview in 126 days except for jimmie kimmel if you count that, i don t. it s worth reading the transcript in full. bill: yes. dana: you can quote a sentence or two but take some