Fox hosts attack the stock market for going up after passage of COVID relief
Charles Payne: “It’s a great party as far as they’re concerned and they don’t ever want it to stop”
Published
Citation From the March 12, 2021, edition of Fox News' Your World with Neil Cavuto
NEIL CAVUTO (HOST): Wall Street doesn't seem to care whether it's wasteful spending or not. Stimulus is stimulus, money is money. They seem to embrace it. There's got to be a point at which they say, "Well, what are we embracing here?"
CHARLES PAYNE (GUEST): I don't know what that point is, Neil. Honestly, I don't.
CAVUTO: Yeah.
PAYNE: Wall Street is so short-sighted. They just want the -- they just want the machine to keep going. And by the way, whenever we do hit that pivotal moment, I think Wall Street believes that -- that they will be the ones somehow bailed out at the expense of everyone else. So Wall Street does not have any sort of fiscal discipline at all with respect to any of this. Keep the money printing, you see what the market's doing. It's a great party as far as they're concerned and they don't ever want it to stop.