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CNBC's Rick Santelli: Stocks Are A 'Good Buy Because Of All The Goodbyes'

CNBC's Rick Santelli: Stocks Are A 'Good Buy Because Of All The Goodbyes'
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CNBC's Rick Santelli is known for his impassioned analysis and rants. After Friday's monthly jobs report, he offered his take on why the stocks remain a good buy at current levels.

Santelli was quick to point out that while the economy added 227,000 jobs in February, President Donald Trump's policies will help boost the monthly number above 300,000 level, which hasn't been seen since October of 2015. He did acknowledge that Trump's policies will need time to play out but will ultimately benefit and "suck in" some of the 90 million Americans who are able to work but aren't right now.

But the real story that isn't getting nearly enough attention is how the market is dealing with Friday's jobs report. Specifically, February's jobs report wasn't "a bad number," yet equity futures rallied hard, rates hardly dipped and the dollar index moved lower.

"I think that type of setup tells me that markets are still a good buy — because of all of the goodbyes," Santelli said. "Goodbye regulation, goodbye crappy tax policies, goodbye an administration that really wasn't very fond of the banksters. And I do think that is an important issue — and it will eventually show up in the numbers."

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