days of the stock market and as i said, when the fed cut the interest rates back last wednesday the stock market began to crack and, first of all it s important to note that the stock market that the fed only cut interest rates because of the trade war. the trade war is weakening the any, the fed had to cut interest rates, the stock market cracks, kind of recovered from that. but then on thursday, the president walked out and announced he was going to apply tariffs to another $300 billion of chinese goods on september 1. the stock market tanks as you can see here. even then, the stock market kind of bottomed out but then sunday the chinese as you said in the intro weakened the currency and that was the scariest thing of all to the market. because trump previously comes out all the time and says i m going to put tariffs on this or and that. sometimes he does, sometimes he doesn t. it s a negotiating tool. but once the chinese retaliated like that and then last night sorry, yes, yest
market up and down, short sellers this and i don t understand any of it. now, at the time i was up aware that a guy named michael lewis is putting out a book called flash boys which flat out says the market is rigged. but many disagree. here now fox news business anchor maria bartiromo see her at the morning on the fox news channel. you interviewed lewis guy, right? yes i did this morning. amazing that you said it first. obama bottom line is he said it again and i disagree again because i don t think the stock market is rigged and i think that it s fiery and abusive to be saying that and pushing people out of the market and scaring them away when, in fact, the best way to have wealth creation is through equities. let me tell you why i m not scared but why i m hesitant. i think that s a better word. i watch the stock market kind of but i m not like you and cavuto who like every second are looking at it.
market up and down, short sellers this and i don t understand any of it. now, at the time i was up aware that a guy named michael lewis is putting out a book called flash boys which flat out says the market is rigged. but many disagree. here now fox news business anchor maria bartiromo see her at fbn in the morning on the fox news channel. you interviewed lewis guy, right? yes i did this morning. amazing that you said it first. obama bottom line is he said it again and i disagree again because i don t think the stock market is rigged and i think that it s fiery and abusive to be saying that and pushing people out of the market and scaring them away when, in fact, the best way to have wealth creation is through equities. let me tell you why i m not scared but why i m hesitant. i think that s a better word. i watch the stock market kind of but i m not like you and cavuto who like every