scott martin and jack hough senior editor at "barron's." jack, might this be a good time getting or is this catching a falling five here? >> not yet. i would wait until it settles down. this is what happens when a stocks priced for perfection delivers anything but perfection. this is difficult to do, to ramp up a production. this is not expected. i'm not sure this is tesla screwing up or anything liketa. this is happens with pricey stocks. a little bit of disappointment means a big drop in share price. david: scott, the two biggest things i see against tesla, one the price of gasoline which will stay low for a long time apparently, and two, the fact that they seem so dependent on government support for success. >> they do, david. their success tied to issues with states like new jersey and texas played some hard ball with tesla which hasn't been great. you talk about the gasoline price which is interesting and gasoline price fallen last couple years, guess what tesla's stock price has done? gone up. jack is right, disappointments hit the sto

jack how much is in -- jack hough in the seat as well. you see the market evaporate. we had been up higher in the session. we have given it all back in the last 20 minutes for so. jack, why do you think we saw the retracement? >> we were talking a minute ago about a lot of heavy selling into the close, $3 billion worth. that wasn't me. i want to go on record, melissa. i'm holding firm. the u.s. market, i'm more confident that shares in china are closer to hitting a bottom than in the u.s. look, if you're 16 times earnings in the u.s. with lackluster growth, the h-shares in hong kong right now, they're six times earnings. granted growth there is coming way down. the last time we saw price to book value ratios on h-shares in china was during the asian financial crisis back in the late 1990s. shares there are starting to look cheap. i would expect to see bounce in the market based on efforts to introduce new liquidity. maybe that will give people more confidence in western markets. >> few minutes left to go before the close. scott black with us on fox business. liz claman

joining me is hitha herzog and baron's senior editor jack hough. is a retailer that survived in a rough economy. they get a lot of pressure from amazon? >> they are, the comps have been pretty good since 2013. same-store sales increasing the last couple quarters. now they're having a problem, and one of the reasons is amazon, the other reason is as you remember, they're increasing those wages for their full-time employees, and while that's a great move on their part to take care of employees, have you medical costs that are going to rise for them. the wage increases and you have exchange. foreign exchange that's going to be affecting those sales. so they have to make a decision, are they going to keep the prices low and have very thin margins so the customer is happy or have a massive impact on the bottom line. cheryl: jack, a company like walmart prided itself, that was the reputation for being the place to get great deals, and amazon, jet.com are the places to get the smoking deals delivered to your door and walmart seems to be struggling to comp

melissa: steve forbes, forbes media chairman and editor-in-chief, jack hough, barron's. i want to start with the news from dennis lockhart thinking that the fed should go ahead and raise. what do you think about that, steve? >> i think should do it next month -- melissa: in wake of all this? get it over with? >> the way you get economy revived is get credit markets working. suppression of interest rates hurt lending to small and new businesses hurts job creation. apple borrows 40 billion in bonds and government gets money virtually for free. doesn't do food for the overall economy. melissa: traders on floor of new york stock exchange said they would have to be crazy. he may be right but impact would be more bloodshed. >> that is the sentiment. i saw one survey people thought it was 50, 50, chance of fed raising soon. that has plunged to maybe 15% chance they will raise. federal reserve should not be in the business of watching stock markets. melissa: they shouldn't but they are, aren't they? they pumped up this market and they're afraid of deflating it. >> you worry they

jack hough from "barron's". bruce, yes it is hard. i have worked at very hard companies.hat is what exceptionalism is. when you work for exceptional firm that demands exceptionalism from employees you will be treated like crap. surprise, surprise. that is what happens in amazon. >> i grew up in the advertising business, they said if you don't work on saturday, don't bother coming in on sunday. maybe amazon experimenting with drones because they don't and complain. david: they said they're indignant. hard-working highly paid workers are not working like europeans where "the new york times" thinks everybody should work, you take couple hours for lunch, massage break at 3:00 in the afternoon. >> i'm normally not least sympathetic people tell me, that is why you pay it is not fun. if half of the story true there do seem to be things over the top here. punishing people for health care problems that outside of their control. you know, new mother, this sort of thing. this might be a awakening moment for amazon. you know bezos might not realize that there is this view of his comp

his name is jack hough howe. >> you're not going to take this market down.ake more than you to do that. you've got two names on sale. and you jump in and buy them now and if you're a long-term investor, these are go-to stocks. name number one. >> we'll talk about boeing and google. so, if you look at boeing right now you're paying 15 to 16 times earnings. boeing just came out and talked about, they pulled a tim cook basically and said, hey, our demand in china is pretty pro bust now and seeing good orders. people have been worried about that. what i like about boeing is this. we focus on the iphone, versus this year and last year. top selling plane of all time came out in the 1960. they have long product cycles. what happens, you get big differences between the paper earnings and the cash flow that are coming from the planes. right now everyone is seeing, 15, 16 times earning for boeing. 13 times free cash flow and that's going to continue to ramp up faster than earnings, that's bigger dividends for investors. >> stock number one, big name, boeing, buy it at