"barron's" at large editor jack otter is here.ne of the things you see as wrinkle, interest rates could tick up. the dollar could fall. the dollar is better than three-year low, that will cause problems but you say not necessarily. >> i would distinguish between those two, bond yields ticking up at some point that will be a problem for the stock market. the dollar falling is a big tailwind for the stock market. what it means that american companies make stuff sell it to people in other countries at cheaper price. so they buy more of it. so when the money is converted into dollars we get more. if the dollar were to plummet that could be dangerous. but the slide of 10%, is good deal. morgan stanley said every percentage point the dollar falls add as half a percentage point to s&p 500 earnings. that is boost to s&p 500 earnings the past year. neil: can a bull market, sustained leg in the bull market, whatever they're calling this one, be sustained on a weaker dollar? >> a weaker dollar alone is certainly not enough. what it is the la

some of the smart maniacs, hosted by geniuses like my next guest, barrons.com editor-at-large, jack otternd others. jack that is going on right now, continue through the week what is the thinking of this crowd looking at a bull market that seems to know no slowdown? >> it is fascinating. i love hear from this group. when to your point, one point made earlier this is the 386th day without a 5% pullback in the markets. neil: wow. >> that is obviously extraordinarily unusual. viewers should expect it will happen at one of these moments and it could happen this quarter. as a result of new tax laws, a lot of companies will do funky things with their finances to rearrange what they're doing. that could cause earnings results that look weird even though they're actually not. so be, brace yourself for potentially a little volatility, especially when numbers first come out before analysts dig deep into them. neil: five% at these levels were be 1000 points. >> exactly that. >> could be 1000 points spread out over days, et cetera. >> correct. neil: is there sentiment if happens in the first quarter

neil: jack otter, "barron's" editor-at-large. dow down7 -- 87 points. andrew mccabe resigning as number two at the fbi. the fallout on stocks? zilch. : . : . hi i'm joan lunden. today's senior living communities have never been better, with amazing amenities like movie theaters, exercise rooms and swimming pools, public cafes, bars and bistros even pet care services. and there's never been an easier way to get great advice. a place for mom is a free service that pairs you with a local advisor to help you sort through your options and find a perfect place. a place for mom. you know your family we know senior living. together we'll make the right choice. hi, i'm the internet! you knoarmless bowling.lt? ahhhhhhhh! you know what's easy? building your website with godaddy. get your domain today and get a free trial of gocentral. build a better website in under an hour. all right, did he just say goodbye on his own, andrew mcquaide is stepping down as the fbi director. the white house briefing is coming up. i imagine one or two questions might pop up on this

neil: on that we bring in one of my favorite people on the show, "barron's" editor-at-large, jack otter it. we're looking at this is the market response, looks like they're getting a heck of a lot more yeas than they counted on, maybe 80 when said and done, they felt best interest to end the drama, reopen the market, what do you think of the market reaction and everything else? >> this market reaction has been a yawn. nobody expect ad protracted drawn-out closure. as charlie said other forces are moving the market other than what the government is doing. that is yawner. look at earnings season. neil: we never say yawner because people click off when you say that jack you know? >> i just exposed my print and dot-com roots and tv experience. neil: there were a couple of provisos attached to this where is kind of threatening senator schumer saying you mitch mcconnell have to make good on this promise. all i think mitch mcconnell has to do is offer up measures on daca, immigration reform and if democrats don't like it, some republicans don't like it, does that mean he has broken the deal, i