shares are $207.87. bill: a lot of these american companies are seeing profits they haven t seen in a long time. correct. sandra: the point is anybody who questions the run-up in the stock market. charles payne would love to make this point, is that this validates the run-up in stock prices. there are fundamental backing up the record stock market rise that we have seen. profits are way up. profits are up. if you look at the level of corporate debt that s a major concern. with interest rates climbing higher a lot of these companies could be faced with a challenging moment further. sandra: charles didn t seem too concerned. bill: you look at net margins that s true. potentially a looming threat for a lot of corporations and america as well. look at the deficit level. when we have debt we americans you have to pay that debt off at one point. if interest rates are higher, that means it is more expensive. bill: topic three, wells fargo has been beaten up a lot.
strongest cabinet america has had in our lifetime and, instead, all our time is spent discussing this rodeo clown. i don t think i have ever heard such a stream of disconnected ideas since i quit psychiatry 30 years ago. as far as charles krauthammer, i m not a fan of his. i think is he a highly overrated pundit. he is wrong on so many things. charles krauthammer, who, by the way in candidate casino put his first money i saw that i couldn t believe it thank you, charles. i will make you look good, charles. in recent years as the republican administration took office, charles didn t shy away from his trademark blunts, unabashedly critical analysis when it came to president trump. presidents don t talk like this. they never have this is what it sounds like when you are living in a banana republic. charles had other loves aside from politics. he played ches and was annual avid baseball fan. i grew up playing the game. i loved to play the game. and loved nothing more
nastiness and he spoke in a low voice and he spoke see eloquently and never talked about his disabilities. he never wanted to be graded on a curve. charles didn t want people to say he overcame so much and he was good. he wanted to be judged by the same standards and his legacy will live on. melissa: one of the things that is a propoe to him and the struggle and everybody screaming at each other. he talked about not crushing the other person but persuading them of your idea. almost no one tries to do that now. they try to win. not persuade. he said you have to figure out what the other person believes and try to draw a line in to what they believe and in by showing them the logical sequence. it is so profound given what is
unpredictable and began as a liberal writer and became a conservative. he was courageous taking on donald trump and he didn t think much of trump, but when trump did something he liked it was that. and he coined memorable phrases. talking about the reagan doctrine and bush derangement syndrome for the fierce critics and he could write light and funny and dick cheney had an argument with the senator. charles wrote a colume in defense of the f- word. melissa: he started as a liberal. he thought we had to help the four and evidence started to pour in how grand programs and everything was making it worse. i didn t have a dog in the fight
kurtz. give me your thoughts and thank you for joining us. charles was more than a journalist. he had honesty and other journalist would shake their heads in admireration. i would read something he wrote, and i would say i wish i could write like that. he was a good craftsman and making arguments. he was. i tried to highlight some that stuck out to me. it is time to remind people of the things that was said. america is only country that is founded on an idea. and that idea is liberty. that is probably the rarest phenomenon in the history of the world. our country founded on liberty. it is so simple and makes it profound. and he was totally