economy while railing against the republicans. watch. when it comes to doing something about inflation, republicans said no. i don t want to hear from republicans. they blew up the definite it is. 10 million jobs have been created since i was been president. guess what? gas prices are down $1.30 a gallon. republicans hammering red hot inflation at the roll-out of their commitment to america agenda, which they say they will carry out should ney take back the house. can i afford to fill up my tank? can i afford the food, the milk? whether you go to the grocery store, whether you re bucketing for the home heating bills that are sky rocketing this winter. far left policies have left to record spending. republicans are trying to restrict abortion. it s a fair statement when you look at the republicans commitment to america plan. they don t lay out a precise remedy to solve inflation. so you know, it s topic number 1. wouldn t you think they would have one? yes. but the
the end of the tunnel, more investors by day s end concluded it was a train coming at them and fast. to susan li with what went down by stocks going way down. susan? you re right. we did close off that bear market level. the dow jones industrials sub 30,000 now. the lowest close that we ve seen for the dow jones since november 2020. that means the last two years of gains have been wiped out. you have fear an wall street at the highest in three months. several factors here affecting sentiment. that includes the on going war in ukraine and also a stark realization this week that the federal reserve and chair jay powell is serious and adamant to keep raising interest rates in order to kill and bring down 40-year high inflation. 75% of wall street now expected interest rates to cross 4% in november this year. that means you re getting the highest yields on ten-year government bonds in 12.5 years. so the good news here is that higher rates is destroying demand. that s bringing d
there s no question this bill is an effort to show not all democrats were in that bucket. it could be a bipartisan move to help the police. what s wrong with that? trace: a lot were in that bucket. katie pavlich, mark penn. happy weekend. that is the story of friday, september 23, 2022. as always, the story goes on. martha will see you back here monday at 3:00. your world with neil cavuto right now. neil: trace, all i can say is it was worse. it was much worse than this. the dow jones industrials skidded about about 00 points for a while. that was good enough to put us in a bear market on the dow. the first time in the better part of two years. we came off the worst levels, but it s something like this and stop me if you heard this before. prices go up, stocks go down. worries abound and nothing and i mean nothing out there to give investors hope that things are going to get better any time soon. so rather than being a light at