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away from 20% of the highs, definition of a bear market. welcome. i m neil cavuto. this is your world. it was a selling world all this week amid concerns that inflation is rocketing, the fed is hiking rates and the economy could be slowing dramatically. its been so weird this week. because remember the reaction the markets had to news that jerome powell at the federal reserve was going to start aggressively hiking interest rates. a 75 basis point hike earlier this week. the highest since a fellow named bill clinton was in the oval office in 1994. that was then. concerns that he will have to do more of that right now. doesn t jackie deangelis know it. taking a look at the week that is now done. jackie? good afternoon, neil. even with this mixed picture at the close today, it was a sell button dominated wall street week. take a look at the major three averages. it was a sea of red. year to date, the markets have been pummeled. the dow and the s&p 50 oh sorry. the na ....
All right. The break news over just the last several minutes. New israeli air strikes in Northern Gaza, and you can see the smoke rising over that part of the region, and now if you are looking at gaza, this is where the air strikes have been taking place, but here, down to The Rafah Crossing in the extreme southern border of gaza and egypt, our cameraman has been seeing the critical aid crossing from egypt into gaza. Six u. N. Fuel trucks entering at that border, and that is a major development. Southern gaza is also where israel has told more than 1 million palestinians to move from Northern Gaza into Southern Gaza, and this is where israel says they will be safer, kate. It is happening as the u. S. Secretary of state tony blinken is back in israel today. He has ....
Speaker . We are. This is really important that we get this right. That we get back to work. Im not exaggerating. It probably would have devolved into a little physical altercation. Neil theyre still fighting mad. Its not over yet. House majority leaders, Steve Scalise and jim jordan throw their hats in to the ring to replace Kevin Mccarthy. Republican congressman Matt Rosendale, one of the eight that voted him out, still says he has no regrets and neither does nancy mace. Damn right shes fundraising off of this and proud to continue to do this. A busy your world is now. Welcome. Im neil cavuto. Yesterday the storm and now the followthrough because it is far from over. They now try to move to find a successor to Kevin Mccarthy who has made it official, he doesnt want ....
Florida. Thats Sunday Morning on state of the union. I will see you Sunday Morning. Happening now, Breaking News, states of emergency are in effect right now in new york and new jersey, as millions are in danger from To Referenceal rains and rapid flooding. Rescues are underway as water pours into the streets, basements and subways. Also breaking, divided House Republicans meet Behind Closed Doors as congress is about to plunge the nation into a crippling Government Shutdown, following a new defeat for the speaker Kevin Mccarthy. Well ....
so we have in tandem the conversation of he won t be security and also concerned and conversations about his skin when he s born. yeah, when meg said it s an entirely true and i m saying it not because i m an expert open royalty, far from it. my favorite castle is white. i just read the same stuff that you do. turns out only grand brats and direct line of succession to be presses. meghan marries a prince and moves to hollywood. inks deals with spot flies and rubs elbows with the clooneys but sadly her child won t be a prince. she s the real victim though. as for the rest of her complaints, they could be real. i have my own problems and so do you. she blames hers on race and why not? it s the universal fits off complaint these days. it wasn t racism that harmed lady diana. it s the life when you become the story. markle can exploit the racial obsession embraced by western media, but the tabloids would have hounded her if she s white, black or brown. the queen, the prin ....