 It's other than all the hoopla around this record bowl run. It was really a typical summer session. The Dow Jones Industrial Lab, which had really struggled all session long. It really tried to give up traction. But then it finally gave up after the Federal Reserve minutes were posted. And this is interesting because there were several lines in that statement that mentioned trade. And the media took that and ran with it, ignoring, I think, more troubling aspects of that communique. Now, first the notion that the market has been dragged down because President Trump is fighting back on unfair trade practices, I think, a little misleading. Now, I want you to look at the biggest sell-offs in 2018. You see where three of five happened before the so-called trade war. In fact, think about this, OK? A lot of that, most of that, is all worries about the Federal Reserve excessive tightening. Interestingly enough, the Dow actually bottomed out on March 23. That's when those stolen aluminum tariffs actually went into effect. And since then, the Dow Jones Industrial Average is up 2,200 points. Now, close to 3,000 points on the downside this year, nothing to do with trade, everything to do with the Fed. So at FOMC Minutes, they expose a certain concern that maybe they may not have the right tools, right? They want to employ them during this next crisis. Now, it gets a little wonky, but it's called the Effective Lower Bound, or ELB. Now, here's the good news. They say they may not have to employ these measures for up to a decade. Meanwhile, the idea of chasing fundamentals, right? You don't want to chase the market. You don't have to chase fundamentals. After the close, the board of Nordstroms voted to buy back $1.5 billion of their own stock. They affirmed a dividend of $0.37. Again, in the past week, the Wall Street consensus for the stock has climbed to $3.77 from $3.65. Those earnings estimates, by the way, are probably going to go up. All of this underscores the fact that you're not chasing performance, you're anticipating it. I want to bring Dave and Melissa back with me now. Folks, one of my goals for the show, and they finally said, OK, we're going to give you the show, what's your main goal? I want people to have prosperity. I want people to seek American greatness. I want Americans to own great American companies and stocks. I want people to change their lives. And one of the issues now is whether or not we dust on it slightly, chasing this market. I always tell people, you're not chasing the market. Chase fundamentals, and I think you'll be OK. Yeah, I don't think it's too late to get in. And I don't think people miss the rally either. Because even if you didn't get in in 2017, when you had the big move, it's not too late. There's all kinds of things now. There's a little app. I don't know if you ever heard of it. It's called Robinhood. People can buy stocks just on their phone. This is for the average investor. My son has a Robinhood app. Yeah, there we go. I never even heard of it till recently. Someone asked me about it. You get one free share. And I'm telling you, there's so many things for the regular person to get in that they can use that are user-friendly. That's a great point, because not only is this Robinhood app aimed at the millennials and the generation after them, so was that move yesterday by J.P. Morgan, all right? The free trades, you get 100 free trades for nothing. So this, to me, anticipates maybe more individual investors will come into the market. So I want to ask you about that. And also, how far do you think this rally could go, David? If we ran away from every new high in the market, you would have been out of the market for the last 100 years. We can have that conversation anytime we want. I think you're right. You do focus on the fundamentals right now. And right now, the date is pretty good. It's pretty solid. We're not egregiously overvalued. We're 16 and 1 half times forward earnings. That's pretty normal. It's nothing to be afraid of right now. And I find any number of stocks and any number of industries right now that actually look pretty attractive. So you would buy almost any industry now, even beyond tech then? Definitely beyond tech. I'm very heavy. Actually, my biggest overweight right now is industrials right now. I find it very exciting what I talked about with the rails. Those carloads are speaking to the health of this consumer, the health of the economy right now. And you're seeing a lot of money going to industrials right now. Sector is like even retail. Retail was a sector just thrown away. The Amazon roadkill. These companies finally got it. Some fell to the wayside. But now they're heavily invested in online. I think it was Target that actually spent $7 billion on online, 40% growth. Those rails and the transpose made a new all-time high yesterday, which many old-time investors, not saying you're old, but think it's the ultimate confirmation that the economy's on fire. Are you worried about anything, Melissa? I'm not worried about anything except for the tariffs, which the market has reacted negatively to. But then it shrugs it off, and then it keeps moving higher. Who's to say? We're not going to go through the rest of the year. A lot of people were saying we're going to be down big. I'm telling you, if you'd have gone back to March 1st and said where would the Dow be four months from now, three months from now, virtually every analyst on Wall Street would have said down 2,000 points, not up 2,000 points. I think we're out of the woods, which I said before. We're out of the woods with it. But it doesn't mean we're not going to have a down day. People need to understand not to panic if we have another down day. Quick, are you worried about it? What's your greatest worry? My biggest worry is what I don't know that's out there right now. It's the black swan. The black swan that's always out there. I love it when they do black swan panels and everyone's guessing. You're not supposed to know what it is. You can't know what it is. You've really mentioned the biggest worry. And that's the Fed. The Fed has ended most bull markets right now. And I'm kind of concerned. I think interest rates are very low around the world. I think their ability to hike is constrained. I'd be good if we only raised rates one more time this year. And that's Trump's point where I keeps mentioning it. So that is yet to be determined. We'll say. We'll say. The Fed doesn't like to get pushed around by the White House. I don't know what wonky means. You're saying that. I'll see you guys later. Well, President Trump awarded the first airman since the Vietnam War, the Medal of Honor. The award is given to those who risk their lives and go beyond and beyond, above and beyond the call of duty. We're talking about Sergeant John Chapman, his wife and his family, his would own his family were there. It's very touching. Can't wait to share the story with you. Next.