At nearly 63 a barrel. The decline is hitting the Energy Sector hard with more than a third of the s p hitting 52week lows. The here to discuss all of it, Charlie Gasparino. Matt welch, cohost of the independents. Also the editorinchief of reason magazine. Charlie, what do you think . Down more even as were talking. Last six years rich people have done very well under president obama. Melissa thats right. They were able to benefit off the multiple qes. The average person got screwed. Now kind of an interesting juxtaposition. The average person is doing pretty well now. Why is that . The economy is getting better. Not just that, when gas prices go down and oil prices go down that is tax cut to the working class. I think thats a good thing long term for this economy. I think fact inflation is low, average people have more money their pocket may not be good for markets but good for the economy. Melissa vix having biggest gain in two months. Very ron so . People worried about the political
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