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That s what we need in this country is common sense. but i didn t hike the idea of them like the idea of them knowingly shooting down an unmanned drone, and then we kill 150 people. i didn t like that. [inaudible conversations] how much progress [inaudible] i can t hear. [inaudible] yeah. we re moving forward with additional sanctions on iran, good question. and some of them will replace as you know, we have about as strong a sanctions grouping as you could possibly have on any country, but we re putting additional sanctions on, they re going on slowly, and in some cases actually pretty rapidly. but iran, additional sanctions are being put on iran. mr. president [inaudible] [inaudible] very little. ....
If that happens, we will go there live. in the meantime, something that was remarkable this week, if you think of the events that we just witnessed coming to blows or fear that we were coming to blows with iran, they shoot down a u.s. drone in the past, i m telling you, that would have buffeted markets worldwide. oil popped a little bit, but look at our dow, our nasdaq, the s&p 500, a strong week for all the major averages as the president tweeted himself for some of the market averages enroute to strong thest month we ve seen at least in 50 years for the s&p 500 and at least 80 years for the dow if things maintain where they are now. another week of trading to go. it is remarkable. the white house trade adviser, peter navarro, joining us right now. very good to have you. mr. cavuto, how you, sir? neil: i am fine. it is remarkable, you and i are a certain age, that in the past anything like this happened in the middle east, it would have whip sawed the world markets, kind of a collec ....
That, hopefully, iran is smart, cares about its people. this is all coming from his q and a with reporters right now on the south lawn. he says he has many friends who are iranian who are high quality and that he hopes that iran does the right thing. also talked about, as i said, these additional sanctions. didn t pell out what they are, but spell out what they are, but in the end they will get iran to negotiating table, or that s the inference now. house foreign affairs committee member adam kinzinger, himself an iraq war vet. congressman, very good to have you. yeah, thanks. neil: do you think, congressman, by calling off the planned attack yesterday the president was trying to send a message to iran just as he was giving the country the benefit of the doubt on this downing of a drone that it didn t come from iran, but maybe a trigger-happy, you know, soldier or general on site, that he s trying to give them wiggle room to come back to us? what do you think? ....
a question on iran, 150 estimate that you got late on thursday night, why was that different from the estimate you got earlier in the day from your national security people. it wasn t really. i didn t talk too much about that. again, no decision to go forward was made because i said, we ll meet at a certain time before the and nothing goes forward until we meet. i didn t want anybody doing anything and when we met, and when we met, they gave me a rough estimate earlier, but i wanted a more accurate estimate. the more accurate estimate were, i won t go into the number of sites, but you ve guessed that pretty much right, you have in particular, right, but it was the number of sites and it was on average 40 to 50 people in each site, and when they shot down an unmanned plane or drone, i didn t like it. in the pentagon and through the white house that came from me. the estimate through ....
We re very, very focused on getting ms-13 out of this country. are you concerned about the conditions [ inaudible question ] that you got late on thursday night, why would that differ from the estimate you got earlier in the day? it wasn t really. i didn t talk too much about that. again, no decision to go forward was made because i said we ll meet at a certain time and nothing goes forward until we meet. i didn t want anybody doing anything, and when we met, and when we met, they gave me a rough estimate earlier, but i wanted a more accurate estimate. the more accurate estimates were i won t go into the number of sites but you guessed that pretty much right. but it was the number of sites, and it was on average 40 to 50 people in each site, and when they shot down an unmanned plane ....