Steve Bannon

The first shoe to drop would be the stock market.

Then it would be the housing market to follow if we follow that path down the road.

And again, I think that's why Trump won't let that happen because I think he realizes the same thing.

Well, we've taught the audience the 10-year bond or the benchmark.

It got up to 4.4% or 4.3%, but it's the bond market.

You also should.

Bond market had a lot of turbulence, although still orderly, as you traders call it.

Eric, anything else we should be thinking about today before we let you go?

I really appreciate you coming on over the weekend, teeing this up, and you kind of a little bit of a called shot here.

You said that this was going to be a forcing function.

The markets responded in Asia overnight and turned out to be a forcing function.

What thoughts do you have for us before you bounce?

I think we have the same thing going forward, Stephen.

It's not.

Remember what I said, even if they declare all clear right now, you're going to still see a $4 gallon gas, and we're going to still see at least a $4.50 going forward, and it's not all clear.

These Iranians, they're fanatics, and I believe they're that cornered dog that will fight to the death if they have to, and that would mean even blowing up some of their own oil infrastructure because they know that would hurt the West the most.

So keep your eye, but it's going to get, buckle up, buttercup, as they say, it's going to get wild.

What about, last thing, diesel?

Because the nation runs on diesel.

I mean, I think something like 90% of all food is transported by diesel.