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Detailed text transcripts for TV channel - FOXNEWS - 20180206:12:19:00

Created the trump stock market rally. i don t think he should say anything about this current sell off. presidents shouldn t stick into that kind of sell off on a day-to-day basis. steve: right. steer clear of that, please, mr. president. by all means, take credit for the rally that you have seen so far. steve: i was reading the wall street journal today. it said there was no obvious cat list it could have been related to the possibility of inflation. but, stuart, explain this. it also said it could have been machine-driven. they have got all of these algorithms and things like that, when something happens, how do these machines take over at big wall street firms? okay. you don t have actual human beings who press a button buy or sell. you have a computer driven program. as you say the algorithm which looks at key movements in individual stock prices. it hits a certain price and, boom, the algorithm kicks in, you buy, you sell. steve: machinery them panic. the algorithm panic. ....

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