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Transcripts for FOXNEWS Fox News Live 20240604 17:38:00

Get off its butt and try to fix and stimulate the side of economy and stop stimulating demand. rich: how about stock prices? are we in a bottom here or is there more room to go? mitch: if i knew the answer to that i wouldn t be talking to you on mother s day. rich: and if i did, neither would i. mitch: very simply to look at the stock market, i don t like when people conflate the stock market and the economy and politicians often do that. they only do it when the stock market is going up. they don t do it right now. but the fact of the matter, the stock market as a vehicle is forward-looking and what it looks at is not the economy per se but corporation earnings because that s what drives the stock market and i think what s being siganid right now is the stock market is very, very concerned with the future growth in corporate earnings because amongst other things a global slowdown not just a slowdown of the economy in the united states and they are also worried about what the fed is go

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