telecommunications firms zte and waway. joining us is ron insana. i don t even know when i ve seen anything like this. market volatility is nothing new but have we ever seen the kind of swings we ve seen in the past two days and really the past two weeks? absolutely. percentage basis? yesterday s 1,000-point gain did not even qualify for the top 50 percentage moves in stock market history. are you kidding? no, i m serious. because it sure felt bad to me. they do. it s the law of large numbers. back in 1987 when the dow fell 508 points on october 19th, that was a 23% decline coming off 2200 on the dow. we re at 22,000 today. to have that type of day you need to be down 5,000 points.
reelection, i can t fathom going into that campaign saying we came up short on the wall. ann a what do you think of the state of play? do you think he s going to wind up taking a deal of short term c.r. that doesn t have anything like this in it and the democrats take control and they won t let it happen? honestly, chris, i m going to have to do a marco rubio. and drink some water because that was way smoother than marco rubio. i m about to do some say some good things about donald trump, and i may have to sit, you know, lay down and take two aspirin after this. look, at some point you ve got to be less political and you ve got to do what is right. you ve got to govern for the people of america. forcing a government shutdown is going to put a lot of people in pain, a lot of government workers, a lot of federal worksers are going to be in pain. is that what we want over the christmas holiday? we are right now heading towards the worst december in stock market history, in d
the worst december in stock market history, in dow jones history, since 1931, which was the great depression. the last thing this country needs right now is a government shutdown and all the economic, emotional, and family circumstances that that means. and so if it means disappointing some of his supporters, listen, they ll get over it. if they got over him cheating on his wife who had just given birth with a play boy bunny and cheating on the play boy bunny with a stripper, believe me, they will get over him doing a stopgap bill on a border wall instead of a government shutdown. it is the right thing to do. and every now and then, he s got to do the right thing. feel better, steve? no. anna, a couple things. first, the border this isn t just my opinion or donald trump s opinion that we need a border wall. it s the opinion of the customs and border protection union. they polled their own officers.
i expect he will spend the rest of his life in prison here and makes no sense to deport him. he will just come back again and we don t want to have another opportunity to kill an innocent person. he will spend the rest of his life behind bars. sandra: we re moments away from a big milestone on wall street. the longest bull market in u.s. stock market history. how we got here and what it means for your bottom line. eric: supreme court nominee bret kavanaugh is making the rounds on capitol hill. how did a meeting with a critical swing vote susan collins of maine there on the left? how did it go yesterday? i have always waited until after the judiciary committee hearings before rendering a final decision on a supreme court nominee. you never know what questions are going to come up.
before treatment, get tested for tb. tell your doctor if you ve been to areas where certain fungal infections are common, and if you ve had tb, hepatitis b, are prone to infections, or have flu-like symptoms or sores. don t start humira if you have an infection. be there for you, and them. ask your gastroenterologist about humira. with humira, remission is possible. well, couple of the world s social media companies this week, facebook had the biggest single day loss for any public company in u.s. stock market history, plunging nearly 20% on thursday, wiping out nearly $119 million of its market value and twitter also taking a beating, shares dropped more than 20% on friday. joining me now, john hermann. john, great to have you with me. you ve written about this evolution from questions to companies to institutions. i want to take that and apply it