so i m not worried about it. over the long-term, it will be okay. i don t want to look. bye, bye, bye, i guess. i feel bad for anyone that is 65. i have good financial advisers. i m sure they ll manage it. keep those things in mind. for someone like me, my time runs out 25 years from now. so more or less be patient. short term, you know, it s not great. long-term it s going to go up and down like it always does. it will be back eventually. we ve been burning long and hot for a long time. we ve been overdue for this. neil: so are we coming out of a rough patch or should investors brace for more? we have you covered. we always do with jackie deangelis on what could be a hot summer for investors. charlie gasparino on why elon musk might have it right and if a gas tax holiday will be the savior. welcome. i m neil cavuto. thanks very much for joining us. we had a busy world today. we have the latest from jackie deangelis on what s going on with the markets and the econom
at 7:00? alabama, 8:00. martha: thanks, bill. we ll be watching. another primary tuesday, martha. martha: great to have you here. that s the story for this tuesday. the story goes on. see you tomorrow at 3:00. have a great evening. take care, everybody. neil: all right. how about a little stock sizzle to start your summer? stocks up a lot for now. the world s richest man isn t convinced the economy is looking up for long. elon musk warning that a recession in the near term is still more likely than not. while americans are getting a stock market reprieve today, their their 401(k)s are not. the recent sell-off erased $3 trillion from retirement accounts. spokes that we spoke to seem to be taking it in stride. i got another 30, 40 years before i touch it.
that could lift gas prices again. are you concerned about that? the president is being blamed for the high gas prices. the gas prices are 95% president putin s fault. they weren t that high before neil: they re not 95%. they might account for a 1/3 of that. but 2/3s of the run-up started to the first soldiers gathered in ukraine, right? some of the increases is the economy returning to normal. people are traveling again. people are in planes and going places. that has driven up the demand for gasoline, driven up the price. you have a strong economic recovery. you have a russian invasion of ukraine and there just isn t that much the president can do about gas prices. there s nothing that bothers neil: do you wonder then is it helpful in your eyes that the president keep calling this the putin gas tax hike when in fact you might want to rebrand it and call it the biden boom gas hike if that is the argument