bring in economy ben stein. great to see you by the way.e have trump, trudeau, media leaks, what could possibly go wrong? of course something would go wrong. what do you think about what happened today? >> i don't think anything bad happened today. i don't think anything serious is going to happen. canada and the u.s. have best relations of any two large countries with a long border ever had in the history of mankind. it will not end over this, over automobile parts, over steel, aluminum, dairy or anything. this will take time to get worked out. but eventually we'll be friends again. it's a joke. matt and trey, and their show, wonderful comedy show on comedy central used to make jokes about us going to war with canada. it will not happen. we're not going to war with canada. they are our friends. liz: talks are rocky for a year. more than a leak hanging it up, but dairy barriers. i don't think that chrystia freeland don't know that trump will say aggressive things off the record. i don't think the president can be shocked about media leaks b

let's bring in economist ben stein. ben, what do you think of this law that she wants? >> i think there are already enough lawsuits, there are more than enough lawsuits. i happened to work in a great many lawsuits. some of them are very good, i have been witness in dozens of corporate lawsuits. some are good, some are ridiculous. i think the idea of the six-month reporting is not a bad idea at all, because after all, under existing law, corporations have to report any existing developments immediately so it's not as if not having reports will keep them swept under the rug for six months. that seems to be a good idea. her ideas are great for lawyers but she's probably a huge, huge beneficiary of the trial bar and that's a very big factor, almost as big as teachers in the democratic party. liz: good point. almost as if elizabeth warren wants to make the tort bar great again. isn't capitalism doing pretty well under trump, especially for government worker pensions, who have shares in a lot of these companies? >> capitalism does so well for everybody, it's insane. the idea

neil: ben stein has been among those who say i'm not a market timer or not smart enough to know exactlyg to happen but i am smart enough to know for the long-haul i'm investing in stocks it's a good bet. he's been proven right time and again, and he's next. at&t provides edge-to-edge intelligence, covering virtually every part of your retail business. so that if your customer needs shoes, & he's got wide feet. & with edge-to-edge intelligence you've got near real time inventory updates. & he'll find the same shoes in your store that he found online he'll be one happy, very forgetful wide footed customer. at&t provides edge to edge intelligence. it can do so much for your business, the list goes on and on. that's the power of &. & if your customer also forgets socks! & you could send him a coupon for that item. designed to save you money. wireless network whether you use your phone to get fit. to find meaningful, thoughtful, slightly-weird gifts. or just to know which way you're facing right now. however you use it, your wireless bill is about to cost a whole lot less. ask how you get xf

trish: ben stein was giving a lesson in economics. it was smoot-hawley tariffs.e was talking about the depression and he was explaining in this lesson to these high schoolkids that didn't want to be there, exactly what tariffs would do to the world economy and sure they did in the 1930s. how do we make sure we're not going to be another lesson? >> there is important distinction. the smoot-hawley tariffs, people were protectionist in those days and were intending to have protectionism in the united states. i do not believe the president trump is protectionist. i believe in the end he wants to lower all tariffs and sometimes you just have to threaten people. >> yes. trish: you have to be able, get them to come around to your side of things. >> exactly of the endgame is not to erect tariffs. the endgame is to get rid of them. he is using them in order to get rid of them. he is fighting fire with fire. >> that is exactly right. trish: good stuff. thank you, guys. we have a lot coming up. paul, adam, thank you for your time. peter strzok, the fbi agent that sent thous

networks but they didn't have enough content they were desperate for content in one hundred fifty eight ben stein became the head of the new york philharmonic orchestra he made the young people's concerts a condition for taking the job this eries inspired a new generation of young music lovers. and there is mr byrd. for class the gift of having leonard bernstein come to us from us and said ever since i can remember sousa television it was a great inspiration that's the one two three method it's like a three stage rocket or like the count out in a race on your mark get set go or in target practice ready aim fire or the same thing is true in mozart's hofmeyr symphony it goes ready. made. fire and. i do remember sitting in front of the t.v. and being told to watch this this is important and it was important in the fifty's in america culture was much more important than it is today and there was this idea that that the middle class was pulling itself up and being more cultured so the young people's concerts on television fit right into that trend it was it was never sort of ok now kids i'm going to t

like you are saying earlier today, ben stein on your program said, hey, there are a lot of women that are not investing in the market. there are a lot of people that are not in this market. if the 5% of this market. if i went out and talk to people right now on the street, they're only 55% of them invested. that means a lot more people can do it and lift the market higher. >> neil: went the same people could be leering, too appeared they could be scared about the meltdown or have not forgotten what their parents experience. >> neil: go ahead. we will get back to you. >> neil, that is a great question. we have a very reflective muscle memory that goes that far back to see what a bear market looks like. i think what we do have to tell investors, though, you and i talk about this all the time, over the course of history, having an allocation and rebalancing your portfolio is the best way for long-term investment. to me, i think telling the investor that either has been on the sidelines and thinking we have gone too far, too fast, which we have heard 4 out of 5 of the first five years, an