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Transcripts For FOXNEWS Your World With Neil Cavuto 20240707

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 ....

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Transcripts for FOXNEWS Your World With Neil Cavuto 20240604 20:04:00

Words. musk laying off 3.5% of december law enforcement work force. to add to the confusion, some say we re already in a recession. neil? neil: all right. jackie, thanks very much. a technical definition of a recession is two back-to-back negative quarters where the economy is contracting, this quarter isn t quite done. it will be in about a week from now. the time being, it s hard to say whether the one we re in right now is negative. there s different ways of reading it. charlie gasparino really listening to elon musk and what he has been saying, a recession seems to be in the cards. that is not a brave statement. the question is when, right? yeah, he s said in the past they thinks we re in a recession already. elon is all over the place on this. i will say this. we have very high inflation, the fed that is committed to knock down inflation with higher interest rates. that means tightening credit to ....

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