look this clubber lang thing. it ain't working. don't know clubber lang. go watch rocky three. best of the rockies. when clubber lang played with panache by mr. t is asked his prediction for the big fight against rocky. he infamously says. prediction pain. ladies and gentlemen, president trump has put himself in the awkward position of predicting pain, and he's delivering it to owners of stocks in a way that doesn't have to happen. we don't need to have days like today where the dow drops 428 points, s&p plunges 1.78% and the nasdaq plummets 2.61%, putting that index down 10% from its 52 week high. now let's get worsham. first, let me say i'm not going to quibble with the president's ultimate goals. he ran on cracking down on illegal immigration and fentanyl traffickers. he ran on closing our trade deficits. now he's in office. he gets to set the agenda. he's doing exactly what he said he would do, what people voted for. but man, i think there are much better ways to go about doing what he's doing. he can implement his agenda without destroying investor confidence and causing t

look this clubber lang thing. it ain't working. don't know clubber lang. go watch rocky three.s. when clubber lang played with panache by mr. t is asked his

but, david, last night i said that we are now in the clubber lang phase, though. okay. the prediction pain. and when you have a prediction pain, then you're going to get what we have, which is that everything's mixed, even when we get a number, a series of numbers that i actually liked, we can't keep the game know. forecast. >> forecast calls for pain? >> yes. forecast calls for pain. next week i probably i expect the i expect to start hearing about auto. expect to start hearing about europe. and i think it's going to be ugly. >> although the jobs number was not that ugly. >> no, no, i'm saying that it was viewed as good. yes. and then subsequently people say i'll sell. they shouldn't be selling. the number is good number. >> right. >> but i'm just saying that. >> you just said the forecast calls for pain. >> well, i'm saying the president is giving you a forecast and then he's making it happen. he the president is applying pain as well. secretary basically said, hey, you know what? this is an adjustment. now the adjustment. >> has been this has been a. consistent theme

first, remember we are in a clubber lang market. no dispute about that, right? ally rocky three where the prediction is pain and pain gets dispensed regularly, especially even on the weekend. nothing stops, so we should expect to come in on monday with a whole new set of parameters about trade policy. and that's a big reason why we're seeing such violent repositionings on fridays. they're afraid. the accounts are afraid. individual earnings have been de-emphasized by the president's arbitrary dispensing of tariffs and, of course, suspending of tariffs with each each waffle weave that we see people leaving this market because i believe the stock market is still the greatest engine of wealth creation in history. but i often feel at cross-purposes with the president now, even though i'm generally pro tariff because our trading partners never play fair. but in the end, i'm a process guy. i like a planned rollout of tariffs, while wall street never likes tariffs. what it really hates, though, is uncertainty. it hates that more than tariffs. in this environment, indiv