♪. stuart: which president won re-election bit widest popular vote margin in history? you got to start this one off, ashley, because i haven't got a clue. >> neither do i, i go with the reagan landslide over arter, number four, reagan. stuart: same thing i would go with reagan in 1984. oh, dear, that was lyndon johnson, 1964. lindh ton johnson, 1964 beat republican challenger barry goldwater with 61% of the vote. that is a genuine landslide, landslide and a half actually. ash, thanks a lot, see you tomorrow. the market is selling off. down she goes. that's it for "varney & company," "coast to coast" starts now. neil: scary world and scary stocks. we're on top of why it seems everything today is heading

down. news that china's xi xinping plans a trip to russia. probably doesn't help matters. vladmir putin suspend as landmark nuclear arms meeting with us. home depot, lousy earnings forecast, little wonder investors are jittery. we get today we get to the bottom whether they should be, and now the ukraine war entering the second year is contributing to the drag. we have a florida congressman says it is time the president refocus money for things here rather than things over there. his name is cory mills. he is a combat veteran and been to ukraine. is he saying enough with ukraine? we thought we woe ask him. we noticed a pattern. that is what a lot of folks in east palestine, ohio, are saying. the leader here to help them. not the president of the united states. ceo of goya, sending food and

support to folks there simply because he wanted to do something. he sparked a different kind of fire, a good one everywhere. so there is some good news out there. more on that, and goya in a moment. first all the worries giving stocks a pounding. welcome, everybody, i'm glad to have you. i'm neil cavuto. get to one of the big reasons we're seeing that pounding. vlad more than glad to junk a nuclear arms treaty between our two countries. talk about scary. edward lawrence with more on that from the white house. edward. >> reporter: within last two minutes president joe biden just finished speaking in poland. he is walking to a group where the polish president was as well as other leaders from poland. there was a shot there. this was a shot earlier today where they had a bilateral meeting. he said ukraine will never be a victory for russia. he said the u.s. will stand for democracy, today, tomorrow and in the future. the president made a big announcement talking with the

polish president that the president will help build nuclear plants in poland. president biden: we're launching a new strategic partnership with plans to build nuclear power plant and bolster poland's energy security for generations to come. >> reporter: so the elephant in the room there, president biden has not publicly called out china as his administration warns the chinese might supply military equipment to russia in addition to large economic support. now the chinese foreign minister now in russia to promote what the chinese call steady growth of bilateral relations and to safeguard legitimate rights. this alarms senator scott. listen. >> we all have to be part of this. the consumer, our companies, our government. we have to decouple from china. they want to destroy our way of life. >> reporter: sew also russian president vladmir putin will suspend participation in the s.t.a.r.t. treaty renegotiations

that governs nuclear weapons. here is the secretary of state. >> we're watching carefully to see what russia actually does. we'll of course make sure in any event we're postured appropriately for the security of our own country, that of our allies. >> reporter: president joe biden just now saying we're at an inflection point and the decisions made right now will affect how things operate around the globe going forward. neil? neil: edward, thank you for that. i want to go to jerry boykin, former deputy undersecretary of defense, former delta force commander. he is the real deal this guy. multiple best-selling author. first i wanted to get your thoughts, jerry, on the putin thing disbanding the nuclear treaty between our two countries. that is a big deal, the start of s.t.a.r.t. and it stopped. what do you make of it? >> i think it is a big deal and i think it is something we have to take very seriously but we also knee to put it in a frame of reference here.

the russians have been violating this treaty probably since the very beginning and of late, of the last several years they have not allowed american inspectors to go into their sites which was part of the treaty itself so it's not quite as big as we might think but anything to do with these treaties we have to take very seriously. neil: you know obviously some have interpreted it, general, grasping at straws. he has very little to counter some of the boycotts and economic sanctions that have been in place now for almost a year because of his invasion so this is our response but a desperate man can do desperate things. what do we have to fear especially in ukraine? now with talk that china's xi xinping will be going to russia and may be set to provide lethal weapons? >> yeah. you see this is where credibility means everything, and that would be the credibility of our

administration right now. we have to make sure that the chinese know that we are not going to allow this. we're not going to stand by and let this happen without consequences for the chinese. now that said they have to believe that we will follow through on it. and my concern is that our credibility based on a number of things, not the least of which is this, this balloon that flew over our nuclear sites and had plenty of time, like seven days, to see what they wanted to see on sensitive locations in america and we didn't do anything until it got out over the atlantic ocean and we shot them down. i don't think that helps our credibility in terms of telling the chinese now we, this is going to create a huge problem between our two countries if you arm the russians. neil: general what would you do

if you were president and hearing american international ceos almost to a man and woman, certainly they have been telling me, let's not overdo, let's not overreact. china is just coming out after this covid restrictions. zero covid policy. manufacturing is back there. more american companies are doing business there and the back and forth continues there so they are trying to isolate what china is doing, not overreacting. you say what to that? general, can you hear us? >> i hear you, yes, now. neil: i apologize. >> i think i got most of what you were saying but, yeah, listen i think that this is a time when we need to recognize that if we don't get tough with the chinese now, we don't know

where this is going to go before the '24 election and the chinese are taking advantage of not only us but the russians as well. the chinese are really exploiting the russians at this time but we've got, we've got to make sure we give them a very strong message in terms of what we are just not going to accept. and even, you know, our u.n. ambassador used those words. this is unacceptable. so we've got to make sure that we get that message to them very loud and clear and i think that what the chinese are going to do, continue to exploit the russians. they will do whatever they can do to keep the russian oil and gas flowing to them at very cheap rates and to be able to sell therapy goods to the, to the chinese, i mean to the russians and those are goods that the russians could have bought elsewhere, except now they are buying them from china.

so there is an economic side of this. neil: how would it change things, general, quickly if it is chinese weapons we're dealing with in ukraine? >> first of all this is a real turn about because russia has been the one arming the world and the chinese have been recipients of that. neil: right. >> so i think though that if they're on the battlefield i think our administration has to do something very serious, very positive about this and i don't mean use a nuclear weapon by any means but i think we got to take it very seriously and we have to come up with a strategy right now, if we haven't already, what we're going to do if they put chinese weapons on the battlefield with the russians. neil: all right. thank you, jerry, very good seeing you. jerry boykin, former undersecretary of defense, much more, delta force commander.

one-year anniversary of the ukraine war, the president has been talking about how the western world and nato in particular stayed through this over much criticism and concern a year ago whether it would. congressman cory mills joins us now, a florida republican sits on the house foreign services committee, house foreign affairs commit teach. i think, congressman, please correct me if i'm wrong, sir, you're saying let's reprioritize now. what does that mean? >> well i can tell you one one of the things i talked about for years, i used to be be a sec-def advisor and three years in iraq, pakistan, blown up twice, a bronze star recipient, i understand a lot about the kinetic elements of war but i realize this is about geopolitical superpower resurgence. look at china, russia, iran, north korea alignment economic cyber resource perspective. i heard the general talking a few moments ago and he is right.

russia continued to violate the treaties why president trump removed us from the inf treaty because it was not effective whatsoever. we're looking at belt and road what the china is trying to achieve, ex-panted the ukraine border, retake africa, retake the murray time silk route, cut off hemisphere supply chain, look controlling the panama canal, russians with chavez in venezuela -- [inaudible]. essentially try to cut off western hemisphere supply chain attacking the u.s. dollar to remove it as global currency. how we stop relye an sy, decoupling from china which is something senator rick scott is saying a lot on but also get back to energy dominance, making sure that we utilize some type of even eminent domain if we will to try to stop the chinese from buying up our farmlands, lands around our military bases

that spy balloon in all fairness was a vulnerability assessment. that is exactly how i see it. they wanted to know when we would detect it how we would mitigate the threat f the idea was to shoot it down somewhere safe that should been done by the norad north commander and notification when it was in the pacific not over the entire united states. neil: go back to my original question here. would you put on the line our ongoing aid to ukraine? would you say all those issues not withstanding, it is good money after bad and ukraine, you're on your own? >> that's right. well i i can tell you right now we need to realize in 1949 nato was formally fashioned it stopped russian aggression. european members need to step up, pay their 2%. we need a definitive strategy, how do we actually win this conflict if we're going to stay involved in it. and so for me it is about

definitely laying out a strategy. i just have -- [inaudible]. neil: all right. we've been having audio difficults with you. we'll watch that. reaction to that, cory mills. the florida republican that sits on the house armed services committee, house foreign affairs commit. thank you, congressman very much. whether we continue to give aid to ukraine popped up in a number of surveys, but two out of three americans support helping ukraine if we're only the ones doing it, we account for 80% of financial aide they have gotten and 90% of the military aid. looking at the big selloff on wall street, the dow careening 55 points. a lot has to do with global instability and concerns right now that the situation abroad could be worsening, tensions with china and russia escalating, it didn't help walmart, home depot, middle of all of this, you know, looking

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♪. neil: i always take the leap without consulting our stocks editor charlie brady with the dow down 500 points i think we're at session lows. usually comes screaming in my ear we're not at session lows! i think we are, mr. brady. we're down 570 points right now. what is unnerving of course all the global scares but we have interest rates backing up. 10-year note is closing in on 4% right now. it is rapidly hitting areas it has not seen in some time. add to the fact the economy is slowing down, home depot and walmart with guidance offering not exactly peppy guidance. enter luke lloyd, strategic wealth partners investment strategist. tip my hat to luke, it would be so huge if i wore a hat i would

tip it to him. you said early on all this buying early in the year it might not last and it might be tested. it is being tested right now, what do you think? >> first of all i've been watching you since a young buck. great to be on set with you, neil. neil: you're a young buck now. >> it is very true. you're right, middle class america is living paycheck to paycheck. it is not middle class america anymore, higher income earners, people making 100,000, $200,000 a year, we're seeing evidence they're living paycheck to paycheck. home depot, walmart with guidance going forward, lowering the guidance says a lot about consumers with all of america. tapped outgoing forward and i'm very concerned for the next couple of years, neil. we have -- neil: next couple of years? >> next couple of years we got addicted to debt. before i was born, young buck reference, right, before i was born debt was looked at as bad thing, with rates being so low so long we've gotten addicted to

the perception debt is a good thing and consumers keep swiping the credit card which will make issues worse down the road. middle class america continues to get beaten down. neil: home depot, you're getting out of walmart and ceo saying, our customers are proving much more price sensitive. >> yep, you're saying they are picture, choosing has to be. this goes on a couple years. selloff like this does it bring you back to levels you think are justified? do we have much more to go? >> i think we have probably more to go, neil. biggest concern is sideways market for the foreseeable future, right? neil: sideways market, one that doesn't move? >> right. so used to 10 to 12% returns for so long, 13 years straight. excess returns cost of borrowing was so cheap. money thrown at the wall, everything made money. those approaching retirement, if they are in retirement if we don't get a lot of growth in the market you have to make sure you're positioned correctly so

you don't run out of money. that is my biggest concern. look at valuation, earnings estimates for 2023, when consumers start pulling back, they're still too high. another 15, 20% sell qualify. neil: answered my question. 15, 20% selloff from here, in the camp of morgan stanley said we could slide another 26% in the next few months i think. >> retest the lows. neil: what does that mean going forward then? >> i think investor toes right now one thing we're utilize something covered calls. volatility spiked in a last couple weeks. covered calls, generating income, generating premium will provide you the income. i don't think a lot of assets will appreciate. the market is pretty expensive in a lot of areas. neil: what do you tell young investors like yourself? >> yeah. neil: you have the world ahead of you. to me long term is lunch tomorrow so i have a different perspective than you do? what do you tell young people with the market, this is a great buying opportunity?

>> young investors usually don't have the capital anymore to invest. they're living paycheck to paycheck. neil: right. >> they are not putting money away anymore. comes down to budgeting right now. we have a spending issue here in america. the government has a spending issue and consumers have a spending issue. neil: if they did have a little a deniro what would you do? >> throw in the spies, qs. neil: you still endorse technology? >> i think it's a possibility of the future. valuations will come down over the next 1020 years. technology will become more fish end as layoffs happen, excess clearing of froth happens, technology will be a good spot. we still have a lot more clearing the froth. neil: you're not born there, but in ohio, what are you seeing there? >> small business is hurting. that is one thing right there. biden going to ukraine was a big slap in the face, not just ohio

valley where i'm from but middle america, to rural america, 20% of population lives in rural america. they are the ones that continue to get forgotten about. at the end of day -- neil: slap in the face he didn't go there first. >> he hasn't been involved at all. neil: what if there is talk he could come back? >> this has been three weeks. more talk around it. sending some politicians, sending someone there, people there as a first response. neil: they have settled it with norfolk southern this is your problem you have to fix it, what is that? >> politicians need to be less involved in our everyday life but when a major event, most peoples assets in the area are in peoples houses and land, people don't want to move into the area because of big health concern it affects peoples financial lives and economy as whole. neil: you think this could be another love canal disaster and people look at the area verboten for years to come?

>> there is a psychological impact. i think the majority of people around that area have suffered so much already because agendas being pushed, coal mines, steel mills, going out of business my entire life, jobs are not around in the area anymore. this will have a sad bad impact to it and that is the sad truth. neil: people are not looking for homes in that area at all. luke lloyd, strategic wealth partners. ridiculously young, wisdom goes beyond the young years. so two do consider it. we're talking about what is going on in ohio. goya foods is doing something about it. the ceo is here. you know what? you need some of the stuff my company makes. i am going to give it to you free. do you think that will catch on? that would be a good thing to catch on after this. ♪.

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doesn't care about us. >> agreed. >> he can send every agency he wants to but i found that out this morning in one of the briefings, he was in ukraine giving millions of dollars away to people over there, not to us. i'm furious. >> on presidents' day in our country. >> presidents' day in our country he is over in ukraine. that tells you what kind of a guy he is. neil: all right, residents including the mayor in east palestine not too copastetic with the president of the united states in ukraine right now dealing with fallout from the train derailment 2 1/2 weeks ago. the epa is back in the community right now. michael regan could be addressing the press real soon, the epa administrator. lucas tomlinson is there with more. lucas. >> reporter: neil, moments ago the epa put out a new statement saying they will require norfolk southern to reimburse them for all the operations here on the ground, inconcludes air and water testing and some of the cleaning services you mentioned. you mentioned epa chief on the

ground in east palestine. he was at a home, sampled the tapwater. we got the video. >> we don't feel like we're a guinea pig but we don't mine proving the water is -- >> appreciate that. >> thank you. so much. >> reporter: press conference is scheduled to begin here in the next few minutes here in town. joining michael regan is ohio governor mike dewine, you might see him in the video sampling the tapwater. pennsylvania governor josh shapiro close to the border in pennsylvania. congressman billion sown who represents the area been on your show recently. the visit comes one day ahead of former president donald trump coming to east palestine as well. cleanup continues 2 1/2 weeks after the derailment. some of the town want to press on, neil, pointing to schools open successfully for a week, safe reads from epa and water tests still others don't trust what the government is telling

them. norfolk southern too. some are grateful for the thousand dollar checks, expenses paid by the railroad. others remain very angry. we spoke to a representative from norfolk southern who defended its response. >> norfolk southern has been here since the day after the derailment. we have many different departments here that are, that specialize in different aspects of community response and we are, have been here from the beginning. number two, we're here to help. >> reporter: the state of ohio and hhs set up a free medical clinic behind us, neil t just opened a few minutes ago. we're told all the appointments today are fully booked. neil? neil: i can believe that. lucas, great reporting on this, my friend. by the way lucas mentioned governor devine. he will be my special guest at 4:00 p.m. on "your world" how things are looking. he was in the video testing the water, that it is perfectly fine the drinking water, those with tapwater, those with wells are

urging to drink bottled water but that could change as well. we'll monitor the epa presser. we have bob unuanu. is providing food and beverages for the people of east palestine and warmly received. he joins you now. thank you very much. why did you decide to do this. >> i'm in bay city, michigan, meeting with farmers a lot of our beans and food is produced in this area. it happens during covid when there was a lack of food the products that we produced around the country, beans are very important, nutritious stays. so, we're, we figured we would provide food to this community which already contains water. we'll put our water in, then ship it to them, already made products. you know, with turkey we sent

food to turkey. that is 47,000 plus dead. this community is 4700 but it is not the size of the community. it is that in the ways that communities, the communities forgotten. it was really, this came to light with the local, you know, tv but you know, every life is important and every community is important. neil: so you mentioned some of this has to be mixed water. are you telling residents there, if you're nervous about your own water, we, we have already premixed it? >> no. actually, beans we soak them, cook them in water. if you're going to cook beans you don't have to use your own water. we're supplying food already hydrated. neil: all right. so what you're addressing is some of their fear, even though local officials all the way up to the governor told them their water is okay, if they're nervous about that, when it comes to the food that you're providing them, they shouldn't

be? >> right. also these people really can't afford it, even water and things like that. so we're also shipping beverages, coconut water which also has potassium, it is healthy, hydrating and other waters that we have but you know, it is something that we reached out to jamie nesbitt with waystation, a community charity organization in first union presbyterian church. they said they would receive the product and hand it out for us. so it is well-received. she side, hey, you know, we can use product that is already hydrated and beverages and, it is really going to help the community. neil: you know, you're the first major food concern, let alone any concern, corporate concern to do this. so obviously with the publicity you're getting seems to me you might have another track here, no pun intended to get other companies to do what you're

doing? >> well, we've always done this. during covid we gave out 4 1/2 million pounds of food. neil: i remember that. >> went to the white house, give that out. i got in trouble saying we were breasted and trump in the same sentence. that is what we do. our dna is, we reach out, not just because we can but our food is nutritious like i said. beans are very nutritious and provide a lot of the nutrition for you know, healthy body. neil: you know you mentioned trouble you got in saying good things about donald trump while you were just trying to do some good. we've got another presidential race heating up. do you have any horses in the race you like? >> you know, i think, you know trump is, because of his values, you know, we've, this country, we've destroyed our spirit, with this lockdown, we were an

essential business we kept going but all business is essential. we need a reason, a purpose to get up every morning. god, family and work. those are the values that president trump stood for, the values of this administration have been unraveled so quickly. we're demeaning life. we're you know, fighting, we have a war against the man, the family and demeaning of life and we need to, you know, get closer to god, to love and build, not hate and destroy. this is a, this is a country of two different, this is two different countries. the big cities where the handouts, people don't, you know, take everything for granted. we take our freedom for granted. we have generation grown up in freedom and doesn't understand what that means, once you lose it it is gone forever. we have middle america, towns like east palestine, humble, to some they might be a community

of deplorables but to us, they're the heart of america and soul of america. neil: all right. keep us posted on all of the above. again, i'm sure that residents in ohio are allied for the help you're providing right now. they don't look at politics, whether it is coming from a guy on the right or the left. a lot is coming their way. they need it. bob unanue, goya foods ceo. meantime he was talking about his preference for mr. trump, the former president but there is another guy in the race getting a lot of early billing and early money, in fact a lot of money. that money battle, where it stands next. ♪.

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♪. >> there should not be any of these woke prosecutors getting elected anywhere in the country at this point. we've seen it. it has been an experiment and the experiment has failed. the reason why you have crime that has spiraled out of control in some of these different areas is because you have politicians putting woke ideology ahead of public safety. neil: all right. that is ron desantis, the governor of florida right now, what has become a red state going to the belly of the beast, visiting a lot of blue states, at least blue cities with his message going after wokism, going of a cities way too accommodative, way too high crime. sarah westwood with us, "washington examiner." how that could be resonating for him, in battle to raise funds. he has no difficult there but, this is clearly, you know, set offing the stage for

presidential campaign. your thoughts, sarah? >> it will be really interesting to see how many former trump donors desantis can attract given that trump announced his presidential bid first, has all these extra months to sort of lock up some of his former donors but then you have some one like desantis in 2022 broke the gubernatorial fund-raising record. he raised more than any other candidate for governor ever had. he clearly proven his ability there. what he is doing now, sort of locking up all these special interest groups, constituencies historically backed trump. police unions are a key one and any person who seeks to win the republican nomination on a law and order message would want those unions behind him. clearly desantis is taking a focused, targeted approach in his preparations to potentially run for president. neil: i don't think he will have any difficult raising funds. the question is, will he have more success at it than

donald trump? how how do you see that part going? >> i think this early game will be really telling, right? if desantis is able to take donors in the past backed donald trump, who have in the past been patrons of some of these other major primary candidates, if early on, desantis is able to lock them up, i think that will have something of a snowball effect. then other republican donors, they want to bet on a winner. they don't want to throw good money after bad. if they see one candidate who is locking up everyone is serious in the world of political donors, that is a pretty small world, not a lot of people have money to play with in political primaries like this, desantis could sort of salt the earth for rest of the cane dates. you see him doing that now before he gets out ahead of himself entering the race like nikki haley and donald trump already have. neil: a lot of early money backers are stun a little bit by their experience with jeb bush

in 2016, early front-runner, prohibit they have favorite, that didn't go anywhere. many sort of tune in and get in quite late in the game or later. do you see any of that changing. >> that could be the case but i think what desantis will say to donors, what donors may consider what happened in 2016 was that the field was split. there were so many candidates running that trump was able to coast to the nomination with a plurality. he didn't need to win over as many primary voters as he would have had to otherwise. desantis can sort of make the argument should it be a two-man race i'm the better bet. to lay groundwork to make it more of a two-man race now, drain primary field of air source, desantis has more quickly turning it into a two man race, and donors consider that before they look at

candidates like tim scott, mike pence, who don't have realistic chance taking trump on one own one. neil: we'll watch it closely. timing is everything to your point, sarah westwood of "the washington examiner." i want to check in with my buddy brian brenberg what he has coming up in 15 minutes in the "the big money show." >> we're keeping an eye on the selloff and escalating tensions overseas. a alarming report dozens of chicago schools claim no students are proficient in either math or reading. more "coast to coast" after this ♪. i remember when i first started flying, and we would experience turbulence. i would watch the flight attendants. if they're not nervous, then i'm not going to be nervous.

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♪. neil: all right. probably heard among the other concerns of the market today, in the face of inflationary concerns and consumer slowing down reports that existing home sales slid for the 12th straight month although i believe the pace is slowing a little bit. that is little tonic to investors bounding homebuilder stocks, stocks period that continues unabated right now. bill pulte joins us, pulte

capital ceo, what he makes of all of this. bill, how far does this go, do you think? >> neil, i think it is a little bit after temporary rush that you're getting. a lot of builders have a lot of money helping people pay down the interest costs. a lot of builders are giving money to perspective homebuyers that is driving a ton of traffic. what you have to look out for, neil, what happens in the back half of this year. that is it what we need to watch for. neil: pulte capital is different beast, pulte, your grandfather's construction behemoth that was really sort of a barometer for the industry. how do you, how do you look at this market and, just on a capital basis and whether it draws or gets any interest? >> sure. i'm a former director of pulte homes but as you said, pulte capital is different and we invest in the spice. i will tell you this, neil, evaluationses have come down meaningfully. i don't think they have come down enough. i think you will see over the

next two, three, six, nine, 12 months m&a activity start to get repriced in building products, housing products, housing transactions in general. i think you will see a lot of m&a toward the end of this year. neil: so would builders combine? in other words talk about m&a, might that become a new trend? >> it may be. neil, we had low interest rates. the builders trade a lot on interest rates. when you have the discount rate, when 0%, the interest rate at 0% these homebuilders went to the moon. so it didn't make sense to buy these things but as prices come down, if sales continue to slow, earnings go down, you're going to see a lot of these builders get repriced. i wouldn't being surprised to see some smaller guys taken out. neil: this harkens back to your company's old day, forgive me, i notice there are spec communities going up or spec homes promise to be built. normally you hear that kind of activity it is a sign builders

are a tad more confident or they wouldn't be risking a spec home. i'm wondering what do you think of that? >> that's a great point, neil. that is a great question. i will tell you after this, when interest rates went up so fast a lot of builders canceled a lot of land, canceled a lot of land contracts, neil. come spring selling season saw rates come down a bit, almost in some case panicked had to get homes out the door. they said wow, we need to up our spec inventory. i think that is what happened, neil, probably more than anything else. neil: you're probably right about that i'm curious we were showing a 10-year note closing on 4%. i'm of an age something like that was bargain basement sale going on but we got used to 0% discount rate, 0% rates for a decade. so these are tough adjustments for a lot of people. not only when it comes to buying homes but maybe even buying

stock if this continues to rise. and the pressure on the federal reserve to keep continuing to hike. how do you see it going? >> correct. i will point out, that is a great question. i will point out one thing what was probably different back in the day when interest rates were so high. look at average price of these homes these days, neil. it is not just like, you know, 4% or 6% or 7% on a 200,000-dollar house. now it's, those rates on a 400,000-dollar house, 500,000, 700,000-dollar house, right? so those mortgage payments may be a little misleading with the percentages the cost is still very high. so i would say that. neil: what do you think of the market in general? you're mr. capital now. you're pretty shrewd with it. a lot of people are saying don't be concerned about this recent selloff. this year looks a heck of a lot better than last year. of course last year is a low bar for such years. we're getting back to where we were. where do you think we go?

>> personally i think we're in a inflationary bear market. i think what you're going to see, you will see the rallies but inflation i think is sticky. we've seen it come down a little bit in cost of goods sold for housing. seen it come down with lumber the last few weeks. frankly it has to come down a lot more in my opinion, neil. i'm not necessarily a buyer, neil. we're bearish in terms of a general approach but i do think, neil, come a time, mid-year, especially housing after the builders have the spring selling season where a lot of activity is going to occur. neil: we'll see what happens. good seeing you, bill pulte, pulte capital ceo in boca raton, florida. >> thank you. neil: talk about hot housing markets? we're getting dribs, drabs out of the u.s. epa administrator michael regan issue an order that norfolk southern clean up the site of the train derailment. i think they're doing that already. offering cleaning services to businesses and family that,

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neil: that illustration my head is bigger than my body. a lot of tweets from you on the root ukraine aired we are doling out. during rights biden and ukraine have no time for ohio, what a disgrace. mary shares the same view, ask yourself are you willing to send your son or daughter to fight ukraine, if not stop promoting. we have been providing aid, not personnel. david rights if we helped england and france in world war ii we would be speaking german and american rights putin's slow rolling to bankrupt the us, it is like the reverse 1980s and using his political opponents for fodder. there you go. brian? brian: thanks very much. jackie: welcome to "the big

money show".