Today, I think people on Capitol Hill feel the same way that finance ministers all around the world feel.

It's a pepto-bismal moment in the marketplace.

And finance ministers around the world are now holding onto their stomachs.

People at kitchen tables and at workplaces all across our country are holding onto their stomachs.

We're in one of the greatest wealth destruction days in the history of the world.

And up here on Capitol Hill, I think Republicans right now, I'm thinking about popping bottles of champagne,

but maybe popping bottles of Pepno Bismol over the next few days to really determine what is going to be

the impact on our economy when J.P. Morgan and Goldman Sachs are both saying there's a doubling

of the chance we're going to have a recession this year because of Trump's actions.

I wouldn't go diving in and buying stocks tomorrow a bottoming in the stock market is a process

not a point in time so you have to be really really careful if you're a trader about when to get in

and when to get out all right that is down 60 80s down nearly 4% for the Dow for investors what is your advice today

okay whatever money you may need for the next five years please take it out of

the stock market right now this week i do not believe that you should risk those

assets in the stock market even if you would take a tremendous loss in selling

your stocks at this decline you you say take it out.

I don't care. If you need it in five years.

I do not care where stocks have been. I care where they're going.

And I don't want people to get hurt in this market.

But if you need it after five years, then don't touch it.

Well, yes. If you have that much flexibility, I'm worried about unemployment, I'm worried about your purchases that you may need.

I can't have your risk that in the stock market for the next five years.

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