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Cheryl we begin with market alert, markets seeing red to the lowest since october of 2014. We have tony sayegh, fox news contributor. Jack, to you first, very volatile week and volatility is name of the game looks like. Absolutely it is crazy. Stocks have gotten more expensive. S p 500 was 16 times forward earnings. Most expensive since 2009. Signs from economy is good. Earnings growth is decent. We had an advance in form of outsized returns for the stock market in recent years. We can expect lower returns. Cheryl volatility, charlie, doesnt look good. There you go, were down 175 which is better. Weve been going back and forth. Im blown away you know so much about the greek housing market. Cheryl love it. Great country, but anyway. When i heard that, forget about the market. This is good for the markets. Ill tell you why. We need to give a lot back to get back to a place where you start buying the s p and buying big companies. We had a tremendous runup. I think the market is starting t ....
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