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Any specialist he tell you seeing a number as you as a 401(k) person, you as a soon-to-be retired person, don t do anything. watch it. you know what we ve just done? we ve recovered 400 points. it s acceptable to sit on your hands through this. nothing wrong with that. let s talk about a couple numbers that investors have been focused on the past couple days. 2.9%. that is the year over year gain that we saw in wages and friday s employment report. that was a massive gain. we haven t seen the likes of since 2006. people out there say these there s pressure on salaries, salaries are going to go up. that will cause inflation. inflation is going to have a big impact on companies out there. how much money they can earn. so that s a concern, right? absolutely huge concern. also worries about the ten-year yield. you say gerri, that is so technical. that s the amount of money that ....
Really lowered tax. they re doing a lot better. jeff, why don t you tell us a little bit more about your plans for the future of the company and also what you have in mind for the money which is going to be a lot that you save on taxes. first of all, welcome, everybody, here. it s such a blessing to have you here, president trump. in all my years, you pray for a president like this, that will take care of the working class and businesses. we finally have one here. i ll talk ab my stuff in a little bit. we need to make sure that we support president trump especially in 2018. [applause] we need to vote out people that are an obstacle to him. many manufacturing, our job is to remove obstacles, this man ....
here we are. shepard: that s why we have the vics. we re in one of those periods now and don t know how long it will last where the numbers are all over the place. could they go back up? they could. they could. look, be nice to get to the bell today, get this day over. i m ready. let the dust settle. be interesting to see the psychology at the opening bell tomorrow. shepard: i think we re six minutes from the final bell on wall street exactly. the final bell starts ringing at 15 seconds before the hour of 4:00 as the president ascends the stairs to get on air force one. that were lots of fans of his in cleveland. he had the speech and brought some folks up. he will head back to jba, joint base andrews and looking at this, i m confident. from everything that i know about the president and how he travels. he will get in there on air force one and the first thing he does is pop on a television or talk to an adviser. somebody will sell them the market is off 1,100 points. not ....
I ll give you another warning. one trader said we can go back down and test the levels again. don t be surprised if you see it. take a breath and think about what you want for the long-term. if you have a short term horizon, you probably shouldn t be here. shepard: thanks, nicole. hopefully things have moderated for the day. if you re watching such things, circuit breakers that were installed after previous market collapses don t kick in until 7%. that means the overall market, the industrial average of those 30, if it gets down more than 7% on one day, a circuit breaker can kick in and they ll slow it down. we re not anywhere near that now. less than 3%. i want to get to jeff mason the wife house correspondent for reuters. i ve heard it said, if you live ....
About 300 points and then the dow and the others recovered to some degree and maria bartiromo and others were wondering have we found that valley. and maria was very clear to say, what we really need is a wash-out. we need a wash-out so investors tomorrow don t go did we hit it. people were saying this. webster knows about this, too. ashley webster joining us. what a day. people were saying initially this is might be a minor correction. when do we start to buy. let s lock at buying now. there was some of that this morning. yeah. it s changing and people are saying this is bigger than possibly we anticipated. the rapidity of the route is what people are focused on right now. don t forget, trading day, shepard, is not like it was in the 90s. a lot of computer algorithms out there. you take your hands off the wheels and let these computers go through it. ....