what's grasso doing? he's warming up for his fast pitch. things are headed.nowing whe because as we live longer... and markets continue to rise and fall... predictable is one thing you need in retirement to help protect what you've earned and ensure it lasts. introducing brighthouse financial. a new company established by metlife to specialize in annuities & life insurance. talk to your advisor about a brighter financial future. >>> welcome back to "fast money." time for the fast pitch where we have one of the traders vote on whether they're buying or selling that pick. >> square, a big fan of this. i've spoken about it on air. i think the ride still has some innings left, still has a lot more going for it. than what we've already seen. what we've already seen is pretty impressive. let's look at it. it's got a niche market that it created, i might add, in the microbusiness of america. microbusinesses make up 92% of all businesses in the usa. exponential growth from here. we've seen 30% payment processing

grasso. >> if you look at hertz and the counterpart avis.ve two totally different sectors and spaces, they have debt mature at this timitys coming upon them quickly. avis has a little more time to breathe. they are buying a 20% hurt right now. i would go with avis over hertz. >> aha, every bad buy is a car rental industry. >> it's not just a head thing, there are ultimate head winds, they're not going away any time soon. they haven't adapted to. we talked in agreement can you short the stock? it's probably difficult to do. >> it is. >> i won't say what it takes. there is a good chance it goes. >> it could. you look eigat it. it has a mountain of debt. have you used car prices going down and other debt as well and the uber, when i go to l.a., i no longer rent a car. that's been a big factor. you do have carl there. we call him by the first name, a friend of the show, so there he is. he's there. it wouldn't be so shocking to one day wake up and see him make a bid for hertz. >> that wouldn't be shocking. i won be shorted. >> 45% short. >> that

news4's tom sherwood has our story. >> this is a huge amount of money. >> reporter: david grasso, hismmittee votingay 2018 school budget, but grasso also is still focused on that new inspector general report, the one that contends former school chancellor kaya henderson in 2015 gave improper favoritism to a handful of city officials, by reassigning their children outside of the school lottery. grasso told news4 today he wants a review of all four years the school lottery has been in place. >> we've had 2014 and 2016 school years that have also been affected here. we'll look at it in the committee on education and see if we need to refer then to the i.g. to take a look deeper and go from there. >> reporter: mayor bowser, whose administration has been responding to public anger over the alleged favoritism was told of grasso's plan to expand the probe. would that be something that would be all right with you? >> well, i certainly am willing to work with the council, but for our point of view moving forward is what's important. and i want the public to have full confidence in our system.

they began searching for grasso in his late model mercedes benz he was found in a motel late last night in milford township. >>> president trump is getting ready for his first international trip as president. is spent the week defending his white house. we are joined now from the nation's capital with the latest. >> reporter: rick, the white house is steel reeling from a week of headlines. the first appointment of a special counsel and that is on everyone's mind here in washington. >> as the white house tries to move forward from the latest headache, lawmakers on capitol hill are doubling down. rod rosenstein spent a second day in a row briefing lawmakers behind closed doors. explaining the controversial decision to fire fbi director james comey and why he selected a special counsel. the ability to follow any and all leads. i was quite satisfied. >> the former fbi director, robert mueller is charged with investigating meddling in the election by russia. the white house denies the accusations. >> the entire thing is a witch hunt and there is no collusion certainly between myself and my c

richland township police spent several hours looking for brandon grasso of telford pennsylvania. police say he was involved in several confrontations in surrounding communities. one victim said he was in the car with his mother when he fired at the back of their car. he said narrowly missing them. the witness said it happened in a matter of seconds. >> i thought he hit us, it felt like a little -- okay he hit us, but as soon as i turned around and saw the hole right there with all that popping out, the windshield busted and glass hitting me, i thought oh, my god he actually shot us. >> reporter: grasso sped off after this happened, they tried to chase him down and lost track of him early on. nobody was hurt in the shooting. there is no motive at this point. it is unclear what they will charge him with. jeanette reyes channel 6 "action news." >> thank you for that. >>> wilmington police are investigating a shooting as well, a man in his 20s was shot multiple times in t body. he is in extremely serious condition. technology that deaths the sounds of gunshots alerted officers to com

police put outs an alert for brandon grasso and arrested him before midnight. he fired at a vehicle with a shotgun at a walmart thursday afternoon. nobody was harmed in the shooting. >> my reaction he hit us, it felt like, oh, okay, he hit us, but as soon as i turned around and saw the hole all that popping out and windshield busted and glass hitting me. >> police say grasso was involved in a confrontation and shot at the vehicle. >>> a man accused of plowing into pedestrians in the heart of time square was charged with second degree murder and 20 counts of attempted murder. richard rojos drove his car at a high rate of speed into pedestrians. a girl visiting from michigan was killed. you will hear from local students who witnessed the horrific scene yesterday at 5:30 a.m. >> 50 a 5:00 a.m., a minute -- 5:05 a.m., a minister has turned himself in for taking pick e -- pictures up a woman's skirt. the 66-year-old took photographs and video up the skirt of the woman who work at the church in hac. etts town. >>> a driver is recovering after losing control and slam

richland township police spent much of the night searching for 32-year-old brandon grasso described as armed and dangerous he was operating a late-model mercedes benz. he was involved in several confrontations in surrounding communities. one victim said he was in the car with his mother when a frustrated grasso fired at the back of the car and sped off. >> it thought he hit you tell, okay, he hit us, as soon as i turned around and saw the hole right there with all that popping out and the windshield busted and glass hitting me. i'm like oh, my god, he actually shot us. >> fortunately no injuries were reported there is no known motive and it is not clear what charges he will face. jeanette reyes channel 6 "action news." >> thank you for that. >>> the driver accused of mowing down pedestrians in new york city time square told police he was hearing voices. 26-year-old richard rojos hit 24 people before his car crashed into a row of steel security barriers. an 18-year-old michigan girl was killed. he ran from the wreckage yelling. police and bystanders subdued him. he was high on synthetic

go regional. >> grasso? >> k.b.e macro. >> wells fargo, downgrade, mel. >> i'm melissa lee. thanks for watching. we'll see you back here tomorrow night at 5:00 for "fast money." don't go anywhere. "mad money" with jim cramer starts right now. >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money," welcome to cramerica, some people want to make friends, i'm just trying to make you some money. my job is not just to entertain, but to educate you and teach you. if you think for one minute that this economy is easy to figure out, i'm telling you, you're a dreamer. i think we're at a moment where

police put out an alert last night for brandon grasso and arrested him before midnight. he fired at a vehicle with a shotgun at a walmart in quirk town. nobody was harmed in the shooting. you will hear from the man inside the bullet riddled vehicle coming up in the next half-hour. >>> a man accused of plowing into pedestrians in the heart of time square was charged with second degree murder and 20 counts of attempted murder. river arrest rojos drove his car at a high rate of speed into pedestrians. the bronx native has a history of arrests while driving while intoxicated. you'll hear from students who witnessed the scene yesterday at 6:30 a.m. >>> a minister turned himself in for taking pictures up a woman's skirt. he surrendered yesterday. police say the 66-year-old took photographs and video up the skirt of a woman who worked at the lutheran church in hackettes down, upskirting is a criminal offense in new jersey. >>> people who had takata air bags are getting paid for lost work. maribel aber has more. >> if you have a vehicle with one of the defective air bags you may

three two-year old brandon grasso was arrested last night in milford, township.ice believed he fired a gunshot, and, in quakertown wal-mart parking lot on thursday. they believe that grasso may have been involved in other incidents in that same area police are also hoping that this video can help them catch the driver that they say, caused a school bus crash that injured students in lancaster county. they believe that the driver was in this white, do you see white car there, yeah. most likely a chevy malibu it looks like. police say the driver of that car tried to pass two trucks and careened in the path of the bus. it happened in route 30 ande lampitter. two students were seriously hurt. >> hopefully someone will recognize that car. >> for sure. >>> ben simmons sister creating a rivalry for her brother, the challenge she posted on twit berra licenses owe ball. >> wonder what ben thinks about that. >> wrestling match inside a store, man verse deer. >> what. >> what led to the hacked bizarre. >> oh, deer just cud with the me lets spoon. introducing the fios gigabi

that's going to be positive for foot locker. >> grasso. >> vrx, one of my "fast money" march madness,'m still on the name. >> guy, rangers, disappoint me. great season, disappointing. only one team at the end of the season, mem, it ain't me. allergan is too cheap. >> that may get you done, pete. >> i'm mellissa lee, thank you so much, see us tomorrow at 5:00 from las vegas. meantime, do not >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica, my job is not just to entertain you but to educate you as well. so call or tweet me

beginning of the week has not changed, so it's entirely possible that we still get a sell-off like grasso is talking about. i don't want to be the guy that's chasing this market all over the place. i will wait for it -- >> if it hasn't caused change -- >> how quickly do you make the decision let me get to 50% cash? >> i have been 50, probably, well before this, a week before this maybe or so. >> all right. >> how is the market going to break through 2400? outside of some stupid move? how is it going to get through na number, in general? it's going to have to be tax reform. because right now you look at the overall market s&p earnings, you say to yourself, we're going to get, 2400 we get very stretched, not stressed. we get to the point -- my point is -- hold on. >> not 220, 10 we're not stretched. we have 130 earnings s&p. >> any type of political taken off the table. that's all you need. >> you think this runway, no problem. >> not a problem, but we did vacuuming on the way up. i do think if we cruise through 2400, that's a major head spot for a lot -- >> it is, i don't believe there are

rich land township police are looking for brandon grasso involved in three confrontations including one in quakertown where he's accused of shooting a car's rear windshield. police don't know what led to the incident. they think he was driving a mercedes benz sedan. he should be considered armed and dangerous. >> president trump is defiant in his news conversation since firing fbi i director james comey this as he prepares to return on the first foreign trip tomorrow. president trump faced questions about the appointment of a special council to investigate possible ties between the trump campaign and russia. he offered a one-word answer to whether he urged comey to drop the investigation into michael flynn. >> no. no. >> wheel i respect the move but the entire thing has been a witch hunt and there's no collusion between myself and campaign. >> president trump continues point view cap dates for a new fbi director. he's close to making a decision and confirmed joe leashman is unone of the top candidates. >> pennsylvania auditor general says a review of 10 million state grant for the dem c

grasso? >> the stock is up 14% year-to-date. i'm still a 408der of it. ness a lot less than what i used to hold in the stock. i don't know. this is good for the day-to-day popping and drops of the stock. but this is not going to save it and i don't know if anything other than a buyout of twitter does ultimately save it. the buyout, if you remember, we were discussing that, it was a mid-20s stock. so you are playing there stock for 7 points to the upside. >> he sounds very pessimistic, if he will hold twitter for so long. >> i'm disgruntled. >> i actually think they are starting to turn things around. what you've seen recently with their tv deals that they did last week starts to show me that they understand and anthony's tweet as well understand that they are the largest newsroom in the world. they distribute globally across multiple platforms and they're starting to get the idea that you don't have to be on the platform. you don't necessarily have to sign up and use twitter to get the information that's on there. >> that to me is probably the most valua

richland township police say 32 year old brandon gross owe -- grasso, he shot out rear window in quakertown, still don't know what led to the incident, arrested him last night. >> and no word yet on how a car smashed into this store in north philadelphia. chopper three, over polar deli 22nd and cram bee a street before 10:30 last night. now up close you can see how the car crushed part of the brick storefront. they say no one was seriously hurt. >> and something about this doesn't look right. right? new jersey transit is investigating what caused this door to stay open for at least eight stops when the train was s pulled out of service there is happened tuesday night new york city to trenton. car was filled with passengers, some standing feet from the open doors. new jersey transit says a train is not supposed to move whether a door is open. >> charged driver of deadly crash in times square that killed 18 year old woman and injured close to two dozen other. police have identified the suspect as bronx resident richard rojas, they say the 26 year old barrelled through a crowd of pedestrians,

steve grasso is at poersz nine and rick santelli at the cme as well. forest, starting with you, you like technology but do you agree with it right now? >> i love technology, and i do agree that it's a crowded trade. maybe not add to the positions, but always have technology opinion it is thee thing giving you productivity. facebook, i can argue can subtracts from productivity, but that aside, most of the other things actually give human beings productivity. we love it. >> by the way, i have to say, facebook for small businesses has been phenomenal, maybe that's one place it helps. sandra, what about you? technology affect you right now? >> well, it's funny because it's not like these names just appeared in the last six months. i mean, these are names you should have been holding for the last few years. quite honestly. if you have not, you missed out. these are long term stories. i would argue that, yeah, right now, i would not be adding to the positions, but i'm hoping for somewhat of a pullback so i can get some new money in, but at the end of the day

. >> the silver lining, this is the point that steve grasso brought up last week, when there's gridlockmarkets typically like it. they like it when the government is divided against the parties. >> they have liked it, yes, let's be clear. >> i think that a lot of the air was taken out. a lot of it was already out, though. for a while, we've had -- you had to be skeptical when he said three months ago that, you know, or four months ago we've got a phenomenal tax plan coming in two or three weeks. that worked a few times. they said we have a phenomenal tax plan, and they put out a one-pager. >> he's actually neutering some of his best assets. look at cohen, your boy, mnuchin, they go out with an 8 1/2 by 11 tax reform plan. that was a month ago. we haven't seen or heard from either of those guys in a month. i think you'll have a lot of people distancing themselves from this guy. because it is going down in flames. this is all happening. >> let's say that's a given. >> can the markets go higher? >> i think they're massively underpricing the potential risk for a full-blown scandal in washin

council education chairman david grasso wants a review of all four years of the lottery under henderson's term. not just 2015. >> well, i certainly am willing to work with the council, but for our point of view, moving forward is what's important. and i want the public to have full confidence in our system. >> tom sherwood has been following this story for a few weeks now. is there reason to think that there's a widespread problem here? >> how do you know unless you look? the i g. looked at one year, but there are four years of this lottery system. it has wide support among parents who think they have an honest chance to get into the school they want. butt we don't know. >> what about the election coming up? the mayor may be announcing if she'll be running again. is this going to be an issue? >> i think it could be an issue. the mayor has put in place, asked that any appointee go to the ethics board if you want a special favor from the chancellor. and she's postponed any changes in the lottery system until she can put new ethics rules in place for the chancellor to go by. that's all good.

. >> grasso, he'll give you the name, when we come right back.this bell rings... ...it starts a chain reaction... ...that's heard throughout the connected business world. at&t network security helps protect business, from the largest financial markets to the smallest transactions, by sensing cyber-attacks in near real time and automatically deploying countermeasures. keeping the world of business connected and protected. that's the power of and. dearthere's no other way to say this. it's over. i've found a permanent escape from monotony. together, we are perfectly balanced, our senses awake, our hearts racing as one. i know this is sudden, but they say: if you love something... set it free. see you around, giulia ♪ we cut the price of trades to give investors even more value. and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be. looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo,

search for a bucks county man police described as armed and dangerous over three two-year old brandon grasso was arrested at a maine tell in milford, township. police believe he fired a shotgun at a car in the quakertown wal-mart parking lot on thursday. he think he may have been involved in other incidents in that area. >>> happening today, students and parents at a south jersey middle school will notice extra police on campus, beefed up security following a threat to harm a whole group of students, teachers, our jenny joyce in the news room with all that, jenny. >> reporter: good morning this initially stemmed from the social media threat, police say six students were talking on line about possibly harming classmates and staff at pitman middle school. then the superintendent of the schools says that the threat turned verbal and that face-to-face conversations had allegedly taken place among several students. initial threat occurred last week. since then police have been staked out at the school as a precaution, school officials sent out an e-mail to families this week letting them know wha

props to grasso, he had square into earnings.verybody on the desk that night went along, they said they would buy as well. where do we stand? >> i bought it. i longed it. the question is what's the multiple? there is a lot you bought. i think this is at a time when there is a reinvig racing of the small business, these guys are the toolkit. they've proven that, think of all those services we we heard about. they are nailing it. the opposite of what apple is doing. these guys are kicking it on four, five different channels with existing customers, good tore them. >> jack dorsey. >> a month where twitter is up, a month where square earnings is up 6% on the back of the report. should we be breathing easier? >> i think it's a tough day. here's the thing, twitter and square seem to be both executing a plan they laid out a long time ago. they have one thing that's consistent, we talked to dead reand sarah fryer, she's a very receptive person. anthony on the other side, very respected coo. they have great number twos. i don't know how b

rich lard township police say 32 year old brandon grasso has been involved in three confrontations inelieve that in one of those incidents, he shot at car's rear window in quakertown. police don't know yet what caused the three incidents. they arrested grosso in milford at 11:00 last night. meantime, still don't know what led to this car crashing into a store. over puller deli at 22nd and cambria street just before 10:30 last night. you can see where the car damaged part of the brick storefront there. fire officials say no one was sent to the hospital. >> father from schuylkill county behind bars this morning, accuse the of locking one of his children in a homemade cage. police made the discovery on pottsville, about 100 miles northwest of philadelphia. police say 38 year old cecil cuts locked his 22 month olds son in a makeshift cage. they say cuts put his one year old son in a play pen, his one day old infant in a baby seat on the floor. their mother was in the hospital after complications from childbirth. children are in the care of social service. >> happening today in new orleans

our guest host is steve grasso, director of institutional sales. of the stock exchange up here -- but you go back and forth a lot. >> i do. i was on last night right from this very desk and i'll be on tonight. >> and you two were on last night. >> me and wilf, yeah. >> exactly. >> it's all blending together. >> it is. >> on a basketball court or -- >> on -- both of you can dunk. which is -- >> well, i don't know. >> should be able to. >> i certainly can't. this is -- >> but can you dunk, barbara? >> no. i don't have the height to dunk. back to your housing discussion. one thing that's very important, the demographics are really interesting right now, because you have very strong labor growth and the millennials are getting to that age where they're moving out of their parents' basement and they're going into that prime home ownership age of 30 to 35. so there's a very big tailwind behind housing that i think is not going anywhere, whether the down payment is 10% or 20%. >> donald brofman was talking about weakness. if that's new home construction t

joining us at post nine today, oliver porsche, and cnbc market analyst steve grasso, and rick santelli who is comfortably ensconced in chicago away from kelly's germs. >> away from the spray. >> at the cme. oliver, what about retail? how are you playing right now? >> so, we like the consumer discretionary space as a whole, but we don't like apparel. >> so amazon? >> well, amazon, but home depot. there's a number of different -- there's a number of companies in segments in there. to your conversation before, retail the whole landscape and business model changed, and so the old world leaders such as macy's, we just dislike that business model, and we don't see how they are going to win in the new landscape. >> back to the question i asked then. >> yeah. >> meaning every single department store goes out of business? something's got to survive. you you'd think. >> i'm sure. >> you're not going to try to pick it. >> i don't know which one. we'll stay away. there's better values in other areas within the consumer discretionary space where we know there's winners and where the momentum and bu

hour of trading for this monday with the dow up 75 points now, and joining me on the floor, steve grassod i'm having a deja vu here starting with oil. >> right. it's always back to oil. >> doesn't it? >> ever since we did this, it was always oil that felt, to me, as if it led the overall market. so we're a couple days into this trade basically, on oil, off those bullish inventory numbers. now, what do we have? we have the russian statements, the saudi arabia statements talking about production. that's been going on. we know that story. we know the original opec story that boosted oil up, but not above 55, and now we have the second leg of the bullish story, and oil can't get above $50. >> so, okay, well -- >> leads me to say sets up negative. >> you are skeptical about the move until it gets above 50? >> no, no, i think you need a breakout of that 55. >> 55, okay. >> or else you have lower highs that are setting in, and that, to me, is bearish indicator, mean global growth in is question. look at the rally, turn it on its heels and say does the rally in the s&p hinge on oil? i don't thin

half hour to go in trading day, steve grasso, and broker, you know, in your notes, steve, you said somethingnstitutional climates all day, nobody can come up with an idea whether markets should be down significantly. that's why we sit here? >> i think it is. you've been in the business as long as i have been in the business, and reporting on it, and it's usually the story that no one can think of that sends the market off the cliff, but we know the last couple weeks when you heard president trump negative headlines, russia, impeachment, that seems to be the only thing that the market didn't shrug off for 24 hours. but then if you think about it, he left the country. >> sure. >> so i think it got off the headlines, off the front page, lets people start to analyze and see what impeachment really means, and maybe cool our heads and prevail. it seems to me that we have eight years of a certain market. people still catching up. maybe just the lack of new regulation is enough to give corporations a little more vb visibility how to invest. the s&p is no man's land here. how do you trade off the tec

steve grasso breaks down the levels to watch. gold is chiny. he'll explain why it's so bullish.rime peb. that's little later on in the

with me on the floor of the new york stock exchange, steven grasso. familiar territory for us both.>> oil. >> this is all happening without oil today. oil's down sharply. oil stocks are down. >> you know, we've been doing this without the oil stocks for a while now. >> yep. >> look at the dislocation whenever you look at the sub sector, look at the oil remaining in equities, looking up on the charts, they are the leading indicator as far as the underlying commodity. we've seen it in the past, the equities fall off a cliff and seen the commodity follow, and that's what we are seeing right now. you and i talked about this. could you ever paint a more bullish scenario for oil? opec extending cuts nine months. that was somewhat less. >> over 5% decline, though? >> well, you know, there's been a number of drawdowns, that have been bullish, and that's not done anything to boost it. we had the ipo, biggest ipo in history, that's not enough to do it, so there's something sick about the direction, and it's oversupply. and it's usa production, so i would not be shocked if you saw a point in w

. >> joining us now to discuss that, brian singer pr william brar, stuart grasso, and rick santelli inhe closing bell exchange today. brian, you agree with warren buffett. a lot of people do, but what do you recommend investors do about that? >> absolutely agree. i think the bond situation is one where assets are priced very much above fundamental values. look at equities and look at equities in europe predominantly. central banks normalizing balance sheets means these prices diverge back on values, and you got to look at places like italy, spain, financials all in europe. >> rick, we all know the obituary for the bond bull going on since 1982 has been written over and over and over again. prematurely over and over again. do you agree with warren buffett now at this stage that bonds are not as good an investment as stocks? >> i'd think the simple answer is yes, but, you know, there's a lot of as risks here, bill. last july, record low yields, meaning records high prices on the treasury curve. of course, many of the years, 2012-2014 saw pretty nice gains with respect to the fixed income

. >>> later, steve grasso one stock he says could be one of the most overlook

chairman grasso i think has the intention to have the committee work in just as powerful and bipartisan a way. having had the pleasure of having chairman enhouse on my side and having the experience of not having him on my side, i can tell that you he is very powerful either way. and it's been great when we've been able to work together. i think this committee provides that opportunity in the past under him and now under chairman baraso. one can foresee considerable tumult in washington. but in the quiet of our interest and infrastructure and you will kind considerable support. i hope you see us that way. and i hoped administration will not try to jam congress on an infrastructure bill but rather work in a bipartisan, bi-cam rechlt. al way. >> thank you to your first point. and second point, yes, of course, he would like to collaborate with congress. without your cooperation, mr. tl will be no bill. en that is one of the few vehicles in which we hope to have bipartisan cooperation. >> good. and, of course, where private capital wants to come in, it has to be an investment and the invest

we have andy capra from post nine and news in the at lan times-union, steve grasso and rick santelli at the cme. thanks, guy, to all of you. andy, actually the full year has not necessarily ee involved the way a lot of people were positioned for it, right? you have bonds rallying the last few months, bank stops performing. where does it leave you in terms of going into june? >> think there's been a real dichotomy between expectations and result. we talked about the russell being worst performing index this month. actually one of the worst performing, everything to do with expectation. everybody talked about small-caps in u.s. seeing the next train. get real. we haven't had any reality in washington and we haven't had any progress on earnings from these small companies. where all of the action is, is in large tech companies, large multi-nationals. >> we should also mention, hillary clinton will begin speaking any moment, we will dip into that as soon as it happens, but what do you think about the russells? >> i think andy hit it on the held. everyone thought who would be most to game

. >> reporter: pregnant with twins first-time parents alicia and husband danan grasso, a petty officeremendous help on our budget. it means the world to both of us. >> reporter: a wonderful lesson for her own children, keep kimberly committed to giving back. >> we can show our children that giving back and making other people happy too is a beautiful thing. [ applause ] >> a beautiful thing, indeed. kimberly is here, the vice president of her company and courtney is also with us. how does it feel to show your gratitude, to show your appreciation and give so much to these people? >> it's amazing and overwhelming. there are families that truly deserve it, and i think often enough, we don't show the respect and appreciation that we should to our military, and first responder families. >> your idea, you came up with this which i just thought was fantastic and so did our sponsor, chick-fil-a. they wanted to honor you and your service. ginger is with us right now. come on out, ging. we have a $25,000 check from chick-fil-a for you, courtney and kimberly. >> all right. kimberly, courtney, tha

to the trip, the president in the markets, obviously; certain stocks have that reaction that steve grassoointed out, but i think it's more that the president is trying to be pro-business, and pro-business is -- how much success he has is just the added bonus. i really think the bigger dynamic is the weak dollar and strong euro. i think this is really getting to be a trade that we need to really think about. i urge viewers to look at odd things going on, for example, look at the hyg chart over two, three years, and, by the way, making highs for the year today, and overlay that on the price of crude oil for two, three years. these charts sync up for a variety of reasons, but not the least of which europe's currency has training wheels on it. draghi's pedal to the metal, balance sheet of the ecb rivals the sides of the u.s. federal reserve balance sheet, and i know there's talk about a taper, but i don't know that they can really do it. i think, you know, with you have the fast, it's easy, but the baggage starts to add all the weight into the trump. they can't keep doing this, and i don't kn

gabriella santos with us, next to her kevin nicholson from riverfront investment group, steve grassorom stewart frankel and rick santelli from chicago. i want to get your response on the fed minutes, rick. not a huge response, but more than we had recently. how do you read the declining yields, the dollar index after the minutes came out? >> i think it is a great question and it is enlightening even though the moves moderated a bit. the dollar index yeefr, five year down the most, three or four basis points, stocks still higher. only one way to describe that. less aggressive. somehow the interpretation is that the fed is going to move slower, balance sheet reduction will take longer in terms of its final completion of the plan that they discuss. i can't tell you the reason. it is such a rohrshack when you read statements, but the market was universal. i agree with that. is by far doing more the right things than any other central bank. however, i still think they're going to go kicking and screaming on the final tightenings balance sheet reduction. >> all right. well, how do you make