Markets Saying Much More Than Washington

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Forget those dueling press conferences, it's the markets, stupid.

Welcome, everybody, I'm Neil Cavuto, and here's the deal:

Dispense with all this fixation on pow-wows at the White House.

What President Obama said.

What Nancy Pelosi said.

What Jim Boehner said.

What anyone in Washington said.

Focus instead on what the markets are saying.

And lately, two words:

Not much.

Because as the Dow falls, the price tag for stimulus goes up.

And the more the Dow falls, the more that price tag goes up.

And right now, it's going up a lot.

Because the market's been falling a lot.

Already down more than 7% this year.

And that's after falling 35% last year.

And that worries folks a lot.

Folks, who see their fortunes slipping away, and politicians who see their polls numbers slipping away too if they don't do something big.

Which means 825 billion is a minimum for this thing.

Because there's no telling this market tumult thing.

Now, rational people could step back and rightly remind you that tumble came "despite" trillions in government rescues and bailouts.

Maybe because of 'em.

Washington's never been known to be rational.

And come to think of it, neither has Wall Street.


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