alix: u.s. stocks mostly flat. the question is, "what'd you miss?" a change to yahoo!, it is enough to revive the giants? how likely is brexit, and what are the risks? about cyber attacks against the u.s., and risks to our national security. we begin with the minutes. even with u.s. stocks closing at a session high, risks before the three-day weekend. telecom as the best s&p 500 performing. limited towere not

just in the u.s.. we have seen us across the world. >> continued fallout from the credit suisse follow. you can really see that dip down. in fact, goldman sachs, jpmorgan, raised about 10 points , but still a comeback from earlier in the day when those stocks dropped almost 30 points from the doubt. really fought its way back. the other part of the story has to do with energy and stocks. if you look at what happened in oil today. we had another cut in oil rigs. alix: you hit the second bottom of the day when it comes to oil, and not really helps to drag stocks up, the yellow line, the s&p mini futures. you get the breath of the whole day. oil adding a little juice to the end of the day. scarlet: it is back to hondas,

the correlation. how about bonds? let's take a look at the japanese forty-year. weeksell the most in two after the doj reduced the size of its bond buying program. been awe know there has lot of talk about the technical limits of their asset purchase program. it is an interesting one to watch. in u.s. treasuries we also had a little bit of action. a yield on two and 30 year treasury bonds, narrowing to the most since 2008, which is really interestin lots of speculation about a potential interest rate hike in the coming months. it also means that the yield curve is flattening. >> ebola flattening? flattening? >> we've seen the dollar extend its rally to a fifth day.

it is the highest since the announcement, pretty incredible. the pound is bouncing off a 15 year low. the catalyst for a slight recovery there, you can see it at the end, the sales are less than reese -- expected. as the line goes up, that is the euro gaining. analysts say this recovery of the pound is unlikely to be sustained. commodities,ement 10 of a staggering 30%, from a 6.5% low it hit in january. this is the story on commodities -- exports out of indonesia are down 45%, year on year in january and february. demand is also picking up a relatively tight market right now. what a balance market looks like in commodities.

those are today's market minutes, let's take a deep dive into the bloom -- bloomberg. look,i wanted to take a bank of america, goldman sachs, jpmorgan, and citigroup. and the blue line here is the s&p. what is striking to me, the s&p is relatively positive for the year. have yet tobanks move higher. they are still lower on the year. they came out with a note today saying it is a perfect storm for banks, downgrading earnings from goldman sachs, morgan stanley, because a big investments. the s&p move higher without banks participating? this gap shows up. your member december we were talking about interest rates? that worked out well.

i have something all the way from china for us today. their chair of global payments. you can see it has now fallen to its lowest since october 2014, this is in percent. it comes from a swiss global data. obviously, one big thing happening over the past few weeks and months, people were worried about a chinese devaluation. if you're worried about devaluation you probably don't want to be trading in the u.n. yuan. want -- it is still interesting, especially after the ins added reserve currencies. kind of interesting. scarlet: it is hard not to read too much into any decline in chinese data. for me, i am looking at brazil inflation. unexpectedly at

9.9%, pretty incredible. bond prices so traders expect the rate to keep going. toy believe it will drop 7.6%. that is down from a peak of 10.7% back in january. demandession is curbing and the central banks expected as much. they expected it would slow a little bit. but that is one of the reasons they have not raised rates in the past five sessions very alix: you don't want that to be part of demand. joining us today is aswath damodaran from the nyu school of business, the guru of all things valuation. and today the yahoo! shareholders star board said it would replace its entire board which would mean

my is no longer on the board. you are an investor in the company. what can star board do to fix yahoo! that meyer could not? yahoo! is likeg watching a death march. i remember the last good story that came out of yahoo! a better plan is a liquidation of the company. now,u liquidate it right you could get about 30% more than what the stocks say. the game is, who can do it better? you know on a liquidation process things can get drawn out for a long time, and assets can lose a lot of value. you are confident there will be something tangible, valuable left? aswath: and not physical assets. they are just putting a sell order into the market. 31, it has not

changed much. immediatelytand why -- immediate liquidation is not a choice. i don't even know why they are spending as much time talking about their off trading businesses. so i think that it is about getting out of japan holdings. we also want to get your thoughts on valiant pharmaceuticals. this company has been through the highs and lows, certainly now the lows. you look at it in an interesting way, at a business level. you say it includes lazy evaluation of the country. aswath: we are so used to -- weies beating analysts are going to add this stuff back, structuring expenses, it is going to go away. companies and keep feeding them numbers, and

valiant has taken advantage of that. when analysts complain about being taken to the cleaners, my response to them is that you got what you deserve, because i think they did exactly what analyst wanted them to do for a well, and now it is blowing up in their faces. >> and i like that you brought this up, this idea of ad backs. ,hen they had a huge strategy they could easily add back future revenue, and that flatters its leverage profile. mentioned, you don't understand why analysts did not look at those numbers. it wasn't that they weren't on the account. what happened? to sell inyou manage 2012, you still look like a hero. it takes a long time for this stuff to catch up with you. a lot of analysts can't think pass those six months or one year. i think part of the problem, analysts are not invested, they are traitors. .hey play trading -- traders

they play trading games. drovet: one thing that valeant was his constant game of acquisition. we track how many acquisitions they made. this is the key function. acquisitions, it seems like this was a company to take on debt and just by other companies. alix: how does that strategy move bill ackman and sequoia? aswath: that is an interesting point. my guess is, one aspect of their strategy is not that they acquire companies, but they acquire them underpriced. it is taken into the health -- health care industry, drugs, and

price them higher. they could relate to that, a cheap product you can price higher. what they did not think through, that margin would only operate under the radar. i think what triggered this whole collapse was a big acquisition. they could no longer do it under the radar. these were big drugs, and in march or april those drugs got repriced and there was a congressional hearing. next thing you knew, it all blew up. haso your point, valeant become the poster child for sketchy accounting practices. but we have seen the same trend infiltrate the wider u.s. market. how much of a concern to that be? aswath: this is an opportunity, because i will take advantage of the fact that they will continue to be lazy. a lot of tech companies make money when they are not.

rather than moan about the fact that they are doing this, look at the companies making the biggest mistakes, and assume that over the long-term, the truth catches up. >> any names in there? aswath: i think the earnings are , how can it not be an expense? >> is there a premium investors are willing to pay, and on the inverse, a simplicity discount? aswath: that is a fascinating question. i have an entire two sessions in my class on that very topic of complexity. in good times, people value complexity, they pay a premium for it. but in bad times, the same complexity doubles. both goodmagnifies news and bad news. in the good times, everyone gets a bonus. now, nobody believes a thing they say.

alix: and everything you look at, do you have a model for this stock? aswath: i am stuck with the numbers that are really old. if i give them the same margins that the rest of the pharmaceutical business has, and assume a lot of the stuff they are giving us -- the value i get is $60 per share. but that assumes they can get through this debt issue that they have to get there. there is a wall they have to climb with their lenders. if they don't climb, they are never getting to 60. that is what is holding me back. i need more specifics, more about this company we do not know. , you areath damodaran sticking with us. we discussed interest rates. ♪

>> i am mark crumpton with bloomberg's first word news. vice president biden trying to move past remarks he made in 1992. in a speech today at georgetown university lost go, the vice president addressed statement he made while a member of the u.s. senate, he seemed to endorse rocking the supreme court nomination at the height of an election season. >> republican senators announced that whomever the nominee might to advocateend their responsibility completely. that is what they say today, that is what they said then. but republican senators said they will do. view, can lead to a genuine constitutional crisis. born out of dysfunction in washington. >> republicans said they are following the buying world, and

rejecting the choice of merrick garland. but they say there is no biden rule, it does not exist. the situation is still grave, and that another attack is likely possible. in, ministers from the eu say they will step up investigations of terrorist networks. news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus from around the world. i am mark crumpton. we are back with aswath damodaran from nyu school of business. we are talking about negative rates. you say people overestimate the market rates. you say the real reason they say low is because of an anemic economic growth. chart,e a look at this you can add growth on those orange bars, and the inflation

rate is the blue bars, and track. they kind of matchup. aswath: the biggest driver of interest rates is gdp growth and inflation. i would describe it as the wizard of oz. power comes from the belief in the power rather than the actual power. canral banks at the margin affect drive rates. look, it is incredibly bad news. it is telling you looking forward, investors can expect no growth and perhaps inflation. to me, that is the big news story of low interest rates, more an indication of how bad the underlying economy is, rather than the power of central banks. so if it is about the fundamentals rather than central banks, do they have any chance of working in the way we are told they are supposed to? aswath: i would describe central banks as insane when it comes to policy.

the you keep trying to do same thing over and over with the same outcome, it is insane. japanx years -- 26 years, -- for six years every other central bank has been doing it and nothing has come out of the economy. at some point you have to say this is not working. maybe counterproductive. i think there is a psychological barrier to cross when you go below zero. it is mind-boggling that you would invest money and pay somebody when you lend money out. i think that affects risk premiums in a bad way. what have you gained by having lower rates, investors get scared and that may be why stocks and bonds are not reacting in this magically upward movement to these negative interest rates. and of course, japan not the only one with negative interest rates. you have denmark. aswath: and the eu is on its way

there. scarlet: and there are ways we conduct transactions. you can text or type to the church in sweden. could that be a reason why -- negative interest rates don't actually affect anything, because people don't worry about a penalty? aswath: historically, the reason we argue is that you can keep cash. we are paying the price of becoming a cashless society. there is a cost and for using cash to transactions. there is a cost to carry cash around and store cash. you cannot put negative rates, there is a point at which we will say we will take the cash out. but you can probably get away or -.5-.4 percent percent because we are so attached to our credit cards and system. you also say negative

rates have push money into yield codes. tracy: we were just talking about valeant, a poster child for yield plays, as well. i feel badly for somebody who is 70 years old and needs a fixed income investment, because where we pushing them? we keep pushing them further and further away from safety. you can see why they go after these high dividend entities. but these are not coupons. stocks are not bonds. we should not have to say that, but dividends are not contractually guaranteed. so, when those dividends get cut, you see pain along these fixed income investors. scarlet: you talking about a japanese 40 year, it is clear investors seek price appreciation rather than any fixed return. into account,this is the solution for investors to

rethink their return expectations? in which case, i am guessing we have a pension crisis down the road. aswath: i think they are the are, in the stock market. what is happening in the stock market in the last six years, even the rates have gone down. the expected returns has not changed. as rates gone down, premiums have gone up to match it. i am not sure that is happening enough in some segments of the stock market. the correction will be the high dividend areas of the stock we are where people say, pricing these stocks as if they are bonds, and they really are. those companies look like they have insanely high dividend until you realize you cannot pay it. alix: thank you so much, aswath damodaran of nyu. scarlet: coming up, what type of market is the u.s. in? it is not a bull or a bear. and game stock tumbling and

after our trades. analyststrailing estimates. you can see those shares tumbling 6.5% t righw. ♪

♪ scarlet: "what'd you miss?" bunnies, and in time for easter. why equities are in the full market, they are missing the point. we are in a bunny market. bowl or aenthusiastic scary bear, a bunny hops around but does not go anywhere. theies have often dominated stock market during recoveries and we have seen the trend play out in the s&p 500. in the last year alone, it has been bouncing around in a wide

range. alix: they were talking about today, partound s&p of the reason they are keeping equities in this ranges that negative data surprises. the two of them are tracking each other very closely. confidence has been lagging in macro data. yen you have the china evaluation, it has been pretty tight. the longest. of negative data on the record since 2013. is pretty amazing, but deutsche bank is thinking we will get positive surprises. maybe our little bunny market will hop out of its holding pattern. and in terms of global stocks, it is the same story. tracy: let's of the global stops where we have a definite sense of deja vu in the market. there it is on the screen. we are see basically,

again, in a range. i don't know how else to describe it. it is the same pattern laid out from 2015. i guess it is up to investors to figure out the direction. you can look at the nikkei in particular because japan is a good example of that. look back to easter of 2013 compared to where we are today, it is basically where it has been. this,ird thing about remember how much volatility we had between now and then? we had january, february, and we have gone through all that and ended up basically in the same place. raises the point, the optimistic view, the 12% appreciation of the s&p over the year, you can see actual growth. growth and that is good, positive data surprises, that can actually move and things can get better. but they have to get better first. chicken or the big -- egg. scarlet: happy easter everyone.

another break the crisis in the making. ♪ >> i am mark crumpton, let's get

to bloomberg first word news. in moscow, russian president meeting withn secretary of state john kerry, their goal finding ways to turn a shaky truce in syria into peace, ending a five-year long war. >> it is fair to say mr. president, that the serious approach we have been able to operate -- cooperate on, has made a difference to the life in the people of syria, and to the possibilities of making progress and peace. withcretary kerry also met

the prime minister sergey. and he goes to brussels to offer condolences to the belgian people following this week's terrorist attacks. the yugoslav war crimes front sentenced the former leader to 40 years of prison for orchestrating atrocities during bosnia's 1992-1995 civil war. they found him criminally responsible for genocide in the 1995 massacre in which 8000 muslim men and boys were murdered. turning now to u.s. politics, we are more than halfway through the presidential nominating season, which democrat hillary clinton enters as her party's favorite. now she's in a virtual tie with bernie sanders along democratic voters. a new poll shows senator sanders with a 49-48% lead. sanders would do more than hillary clinton about wall

street, but she enjoys a sizable lead. on the republican side, our survey shows the gop is not rallying behind plans to stop front-runner donald trump. the survey shows a 63% of republican voters back trumps a view that the person with the most delegates should get the nomination, even if that candidate does not have a majority. news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus from around the world. i am mark crumpton. let's get a recap of how u.s. markets closed. we rallied into the close, but basically finished little changed. the five-week rebound of stuttering and losing steam, even though everyone is fixated on the recovery from that february 11 low, which was a 22 month low. alix: some of that has to do with oil recovery as well. tracy: does this mean we are

back in the green for the year? alix: pretty much, yes. scarlet: little changed for the year. and the dollar extended its rallied to a fifth day, the highest since march 15. alix: "what'd you miss?" cyprus, sovereign bonds rated below investment grade. not accept them as collateral or by them as part of its program. cyprus is not the only eurozone country feeling the heat. grexit is back. greece needs its new cash infusion, but not until investors -- creditors look at reforms from the last bailout. is right around the corner. joining us is the university of texas professor and economist james galbraith.

professor, is this summer 2015 all over again? james: not yet. what is going on in greece, a government that is over the barrel, forced to raise taxes to cut incomes and pensions very sharply. what that means, is that the greek people are running out of money. they are being forced to default on their debts. their european a so-called partners are pushing the government to accelerate closures and bankruptcies. isentially what is happening that the creditors are setting up the conditions where they can get greek assets, including some very valuable and desirable real estate. -- for firesale prices. it is not an economic reform or recovery policy, but a land grab. at budgethen you look data from the central government, it looks like there has been fiscal improvement from 2014, things are better on the

revenue side. that should vote well for greece being able to meet fiscal targets, no? james: it is not surprising given the way it works in greece, that people have bank balances which they cannot fully remove because they can't sell them overseas or push them out -- get them out from the atms. they're using it to pay their bills, including tax bills. that is one reason the fiscal picture could be better. but they have raised rates vary dramatically. the government's posture is that it may be better, but the greek people are suffering a deep squeeze between the falling incomes and rising taxes. and that is what is forcing the properties onto the market. you can see the protest at the farmers have been launching, because they realize that entire sector of the greek of -- economy is no longer viable. totead of using tractors work the land they use it to

block the roads. greece, givensn't that it has one of the most generous pension systems, white is an artistic to the agreement? call the greek pension system generous is a complete misrepresentation of reality. there are hundreds of thousands of pensioners who are getting on the order of 350 euro per month, that is about $11 a day. that is one euro above the poverty line. they have been cut by a most half in 2014. the maximum was on the order of 1200 euros a month. that was for highly ranked civil servants. the elderly greek population has been reduced practically to destitution i these cuts. was 12% before the crisis, why was that? mainly because the greek economy shrunk by a quarter to a third.

when you cut them some more, you are not going to get the economy simply goes down again. alix: to your point, take a look at the bloomberg care. see greece, you can all the way here on the right side of your screen, the highest in the eurozone. the rest of the eu, is around 12%. how you fix that, aside from unleashing massive fiscal spending to help? james: it would have to be a complete change of european policy to stabilize rather than destabilize the greek economy. but the europeans are not going to do that, because if you do it for greece, there is of course spain, portugal, italy, which will all be pressing for similar treatment. it is a box that the europeans have placed themselves in. and it is going to leave the greeks eventually with very little in the way of a choice. eventually, it will fall and

the right wing will come back. it could not last very long, or they will change their policy and things will come to a confrontation. we obviously have an ongoing migration issue in europe. does that strengthen greece's and when it comes to consolidation of her death? greeksi don't believe and the been strengthened very much by that. the best job of any european country in dealing with the refugees, it is really quite remarkable, considering how straightened their resources are. we want to bring in a comment from the former rate finance minister about what would lead to recovery. target for the budget surplus to something manageable and believable, 1%. different structures through debt swaps that give investors

an opportunity to imagine that the greek debt payments are sustainable. fact that we need to change before greece become sustainable again. speaking with tom keene earlier this month, professor, are those items on his to do list feasible? james: that was basically the agenda of the greek government during the negotiations in the -- 2015. 2016 they are feasible, but rejected by european creditors. it is on the creditors that this program has been stalled out for the last year. alix: professor, thank you very much for your insight. does not necessarily feel very optimistic. , economist,ith thank you for joining us. scarlet: and we speak to john carlin about cyber security up next. ♪

alix: i'm alix steel, "what'd you miss?" oner attacks were launched u.s. financial institutions in new york city, in hopes to undermine u.s. market the national security. joining us now to discuss the details and the significance is u.s. assistant attorney general john carlin, and washington, d.c. what is the significance of this case? john: i think what you seen is that we are determined to hold individuals accountable, whether they are affiliated with a nationstate, or a terrorist group. and, no matter where they are in the world. what you saw was very serious

conduct, they attacked 46 financial institutions and caused tens of millions of dollars worth of damage. they affected hundreds of thousands of customers. byt we have shown today is face, by name, that we can determine exactly who they are, and what they did so we can hold them accountable. iran has no extradition treaty with the u.s.? what you hope to get out of it? think this is an approach we've talked about for a wild now, working with the private sector so we can take people from behind a veil of anonymity and make them public. for a wild now, hackers thought they could get away scott free. you have seen this week alone starting tuesday, we were able to hold accountable the members of the syrian electronic army. including their falsely claiming that the white house is under in theand causing a dip stock market. we found out who they were. and wednesday, you saw the arrest of a chinese businessman

for attacking activities and conspiracy. he pled guilty to felony offenses for those charges. other charges against seven iranian actors. no matter where you are, number one, we can figure out who did it, number two, make it public, and number three, there will be consequences. and that is important if we are going to protect our businesses from these types of activities in the future. tracy: but if you aren't aiming for extradition, what consequences can we expect from these cases? from that can range freezing an individual who thought he would get away scott free, facing allegations in the hackingdistrict for into a u.s. company and providing that to a terrorist group. man arrested in canada for his activities, we have a long history at the department of justice or shrinking the world to find people wherever

they may trial -- travel and hold them accountable for their actions. wonder if there is any type of work or cooperation you are doing with finance regulators? john: i think we all need to work together in government, regulators along with the treasury department, and with the private sector to do everything we can to share information on what the threat are so they can better protect their systems against the likely threat actors out there. and, when attacks like this do occur, to work together so we can hold accountable the andviduals responsible, blame the bad guys, whether they are terrorists or nation-affiliated actors. it has always been one of the big fears of the u.s. government. what type of cooperation or support are you getting from infrastructure operators? john: the department of homeland

security has been doing an excellent job working with critical infrastructure in order if they havee out been intruded upon, but also to work with them on mediating threats. in this case, the attorney general thank them earlier today. the city working with homeland security did a good job to and kick the system the hackers off the system. alix: have there ever been examples where hackers faced prosecution here in the u.s., see you can move this forward to be a deterrent? john: as recently as this week. california, the central district, a chinese businessman conspired with two others located in china to hack into boeing and steel information about fighter jets. has beenvidual incarcerated since 2014 and pled guilty to their offenses as recently as yesterday.

other successes, like deep freezing the individual who attacked a retailer here from malaysia during thought he was safe, thought he could do it anonymously, turned out to be wrong, and is sitting in a jail waiting his day in court. alix: thank you, assistant attorney general john carlin. bel the u.k. leaving the eu a good thing for the british economy? that is what the british mayor is advocating. next, chances of a brexit. ♪

tracy: i'm tracy alloway, "what'd you miss?" london mayor boris johnson testified this week. one of the main areas of focus

is the upcoming brexit vote. he said the finance industry would flourish if england left the eu. i spoke with toby nangle, and we talked about what a brexit would actually look like. the thing about a brexit is that we don't actually know what we are looking at. there are so many varieties of brexit that it is hard from a market perspective -- we believe any outcome of those exit fromssions look negative various perspectives. but there are so many varieties of exit incompatible with one another that people are still pushing forward, so it is hard to make sense of. tracy: but we have seen markets react to the possibility. what are we seeing in terms of changes? toby: on the equities acai, a lot of the actions within sectors during with the loss of u.k. equities having a large

amount of external revenues outside of the zone, that is not really a big issue. but internally, you see risk premium building on financials, maybe property companies as well. and some retailers. on the fixed income markets, it is not touch risk premium building, but people's perception of the hit that will come along, dampening down the view for investing in u.k. government bonds. the real action is currency. at implied volatility measures, we can look at the relationship between currency and rate models, and we see quite a lot of action coming through that. it makes sense on a fundamental basis. tracy: we did actually see a big change on sterling on the back of terrible terrorist attacks in brussels this week. what can we count on and on the exchange rate at this point in

time? toby: it is hard to come up with a formal idea of where things should be. speaking to a variety of investment banks, analysts, the world of some they are using, 1.5 lookse dollar, like a proper valuation, or maybe 1.2 if we leave. implying may be 80% chance of actually remaining, a 75%, 80% chance of leaving. aboutooks like probably the right level. so the arguments being put forth by those who want to stay in the eu, largely seem focused on economic factors, and yet we are told that the boat is too close to call. what are the people on the no who want to leave the eu, what are they pointing to? right thatre quite

the remaining arguments are about the economy. that pretty unambiguous remaining would give the better economic outcome. thepeople are weighing up economic outcome and the noneconomic factors. the principal factor people find important in the country is immigration. on toof the folks move immigration, and in the wake of the brussels tragedy, people again thought about how scared they were about the foreign, the unknown. not in london, but outside of london. that is the feeling. camp, imge, the exit to work out, are they lying or -- i haved, in saying not seen a serious economic estimate which puts that answer in place. it is unambiguously negative. but people are misled by some of an exit wouldhat

not be a big deal economically, when it would be. but the uk's financial sector, which is important to its economy, we have heard it would be fine in the case of a brexit. it sounds extremely disingenuous. i honestly cannot put any sense to what he is talking about. we have seen in different parts london,he city of within the european union as a financial sector, defended by the british government. they want -- once the protection of the courts fall away, london will be boehner ball to european courts. ecb clearing securities in eurozone companies. the french central bank governor gave a warning that the

protections of the british were afforded would fall away. so i take it seriously when i look at banks plans to leave. it will survive, but in a diminished form. tracy: so you obviously have strong views about the potential consequences of a brexit. where do you see the results of the referendum coming out, yes or no? is too think it really close to make a strong investment view. remaining.ing toward if you look at the online polls, they tend to come out just in favor of exit over remaining. if you look at the phone polls, they come out overwhelmingly .oward exiting voices,strongest set of come from all the cohorts, much more reliable than the young voters who say they will vote

and time and again do not show up to the polls. it is going to be close. and we are concerned and are preparing portfolios and the basis of this being a real possibility. tracy: you are preparing portfolios for the -- possibility of a brexit. how do you do that? positioningld be the currency in sterling. and we orient the portfolio so they will be less impacted positively in the event if remaining, or an exit. takingeed to be portfolio with flatness in place, or can we seek those elsewhere in other markets? little decisions across the board, where, if there is not a in thet to doing it,

event of a relatively large impact. nanglethanks to toby from columbia threadneedle. we are going to take a short break right now. ♪

oh, hi! micky dolenz of the monkees here, getting ready to host the flower power cruise. (announcer) we're taking the love generation to the high seas and reliving the '60s. we'll celebrate that unbelievable era with the music that made it so special. there'll be over 40 live performances featuring eric burdon & the animals, micky dolenz, the monkees lead singer and cruise host, the 5th dimension, the lovin' spoonful, rare earth, spencer davis, three dog night, and many more! imagine enjoying all that great music on the fabulous celebrity summit, leaving fort lauderdale and making ports of call in jamaica and the bahamas. you'll be back in the days of bellbottoms, peace signs, and so much more, with special theme parties and 20 fun-filled celebrity interactive events. cabins are filling up fast, so come on, relive the era you remember so well.

the flower power cruise, february 27th, 2017. let your freak flag fly. don't miss the grooviest trip at sea. ♪ mark: this is going to be the kathleen turner episode. first, we have new numbers from our latest bloomberg politics national poll. our big findings, the key candidates who have seen the most news in the survey are the two candidates least likely at this point to become their party's nominees. that is bernie sanders and john