blame and what comes next after the thousand points got stripped out. >> if over seas trading is any indication, fasten the seat belts. shanghai with the second straight day as it's down eight percent. what can we expect now? the chief coverage and what do you say? >> well, i see stability in the u.s. market. i want to show where we have futures now. we have futures higher and s&p up and then we have a dow here if we saw a three percent gain, you would see a bounce there. it looks like there's a selling, that huge vicious selling from yesterday is over in the u.s. let's talk about yesterday. i have never seen anything like it. a thousand points lower in ten minutes. simply unheard of. a frenzy of selling, and then it bounced off the lows. you guys at one point it had bounced 800 points off the lows, and you saw stocks turning

positive. it was in sane, and then by the end of the day down 588 points. the worst for stocks since 2008. then the world markets fell in asia. shanghai down eight percent. look at europe. i want to point out europe. they're all bouncing back. that negative feedback loop is broken. we don't have it feeding into the u.s. it looks like a bounce, and we will know for sure in a few hours. >> okay. we're watching that christine. we know that it's largely being fuelled by choo that and the ripple affect is showing the full affect the last few days. the question is what can china do to stop the bleeding? we're live in beijing with more for us. will? >> investors are in panic mode and pulling the money out of stocks. since the peek here the shanghai

deposit has dropped 42 percent and erasing all of the gains. they were having people in vest in the first six months, and a lot of people did. 70 percent of investors are individuals and many people put the savings in the market and now have watched much of that money evaporate. what will the next move be to kick start and restore the market in the market? well, the government could in vest in the structure development and the high speed rail line. there could be a fiscal stimulus to consider the spending and in vestments and then fighting wasteful spending and corruption. chris and allison as you know it's having aaffect in tokyo that was down yet gain today. >> as you were talking i have my telling me to calm down.one and-

now, time assistant manager and allen, director of the floor trading for dmv trading. why is my phone blowing up? i have people on the street saying that this is a buying opportunity. we know what's going on with china. they gave us an opportunity and go back and forth with it. everything is going to be fine. do they want me to lose my mind? >> no, this is something that the trading professional really love, but for the individual investor remember the u.s. economy is growing. the job market is getting better. the housing market is getting better. the fed was so confident that it was ready to raise the interest rate. >> i saw you ringing out a towel yesterday as the market was going to the fifth day.

>> it will affect the world, but let's get the perspective that's why you're seeing it in the morning. >> you're ale local analyst. that's why you can explain it. why is my 401 k to teethered in china? >> well, you're looking at the echos in 2008. when we stopped to buy stuff and the economy tanked, that affected china. they had to start a major program, and they went very much into debt. they have a 3,700 percent and that's over 300 times in the u.s. that's blowing up, and it's coming at a time that the governments are out of the ammuniti ammunition, and they have spent a lot on the economy. there's a sense that there's nowhere else to look now if the global growth falls apart. >> we have what and why. where this fits in and other corrections and the term of art.

this is the s&p related. so end of a six year market and that's a question that they ask everyday on the show and waiting for the bubble to go. we see where the ups and downs are. now this correction the net to net on it was what 600 points? >> yeah. >> where is that? it's the biggest one day ever. >> this is the biggest correction in four years. we have a poll back and we we want four years without the stocks going up. >> the question is this for the folks. is this something that matters to me as a regular investor and an opportunity for guys like you to play the game of wall street? >> well, any time mark it's $3 trillion in a couple of days. you want to take notice to that. you don't want to pannish or sell anything. i would not get back in right away. i think that we have a lot of uncertainty going forward and the feds coming out. are they going to raise and see that.

it's not all about china. >> what is about the oil slide. the oil contracts were used to collateralized a lot of big fancy financial in stur rstrume there's $20 million out there and the hot money. those contracts are winding down and that's forcing it down, and it will stay low for a while. are you buying that? >> yeah, the contracts are out there and people hedge it. it's just going to stay lower and lower. i think that you can see it go down $33. >> so the oil use some type of a toy and other game. >> all of that money that the federal reserve and other central banks dump into the economy following the financial crisis, a lot of it went into trading and emerging markets. that's why the areas are getting hit and we see that in oil and markets. >> so we have that for oil

defining. >> yeah, you had them in $12 a barrel and that crisis, and you got so much oil. i think that we're pumping 2 million more barrels a day than we're using. >> yeah, the saudi's usually stop when it's pumping. there's too much oil in the world right now. >> yeah. >> see what happens when you push and pass the 6,000 points? all of this stuff starts to come. >> everything is moving. that's not why it's just -- there are a lot of things concerning. >> isn't that a thing for traders are very confused because there's so much uncertainty out there, and it's not just china. it's all over. you pick a spot in the world, and it's total confusion out there. >> al, you were on the floor yesterday when all he can was breaking less.

that was not pretty. >> say hati's. >> well, there was no panic but they were in awe. when it went down a thousand points, no one saw that before. when it broke, we thought that things were going to get bad. we knew that this was coming. usually you get a correction 18 months. this has six years for a correction. >> a lot of guys for short, and they started to cover and there's a lot of technical reasons that they're buying. >> yeah, apple yesterday was crazy. it went down big and then higher and then lower again. you have a lot of people saying that i have not been able to buy apple in a long time. >> so what do you think happens today? >> well, for all of this going on and the things that you're trying to make me sweat over, how are the changes that they're going pop? >> well, there's a chance that all of these stocks pop today.

what happens the next day. i am not sure. >> this is not just about a slump but the volatility. the next year two of the markets are going to be up and down. they just are. >> so how do they compete? one that's worried accepteding the kids to college compete with the fancy guys who comes in here and can get in and out of the markets in nano seconds. >> stay in u.s. blue chips. the american story is still pretty strong. that's why you're seeing a bounce back. this is a safe house. >> yeah, you say that because they're the solid performers. >> yeah, that's a great way for the markets. do not buy it. they're in china. that's the way to get into the market. >> doesn't it feel like the game has change and the ability to pump it up and we can not get in and out as fast as people like

you can. >> yeah, there's all of this happening and the high trading and all of this happening and dark pools. you're buying the american market and holding it. the most important thing is that if you're 18 months away, you should not have it in the stock market. if you're 40 years old, you should have all of your money in the stock market. you need to look how long it's going to be until you retire. if you want to talk about playing around in a trade account, that's a different story. if you're a mom and pop saving for retirement or college, you should not be worried about things like this right now. >> yeah, you don't have to worry. if you're in it for the children's education, stay in the market. things will drop 207 percent. you may take a little bit more of that stock, but day-to-day trading. you don't want to do that. >> okay. we will have more tips within the hour. thank you so much for the conversation. >> you have any blood pressure

down. i am a nervous investor. that conversation, thank you so much. let's turn to politics for the 2016 race. the drama for joe biden. the president gave biden his blessing. will he decide to challenge hillary clinton? we're live at the white house and want to know. >> reporter: yeah, it seems that way. even though that the white house aides will tell us that he has not made the decision yet. that may be true. there are enough signals out there and sources are saying that it's now more likely than not that he does make this launch for the white house in 2016. he talked to president obama yesterday and during which he gave him a blessing to ron and said that he would be there for him. he would back what he is doing and not necessarily endorse, but

met with some top former officials and expanding the meetings over the next couple of weeks to include the fundraise ers and listen to this and what the press secretary said about bide yesterday. >> the president wanted to add joe biden to the ticket as the running mate. >> he also said that biden is quit possibly the one person in america that knows the most of what it takes to get a bid on if white house. they say that the president would not rule out making an endorsement for the race once everybody gets into it, and that he would not rule out the fact that the president and biden may have been having the discussions of a possible run for some time. the president will be in a strange position between former

secretary clinton and vice president biden if biden does jump in. we have to do it that way if he goes in. there's no official decision, but we expect there to be a decision within the next couple of weeks. back to you guys. >> we're watching it as you are. we have the them on it as well. meanwhile a defiant jeb bush going head to head with donald trump over immigration. he is trying to defend the use of anchor babies during a border visit, but bungled the explanation. cnn live in texas. what happened? >> reporter: allison, good morning. there seems to be a control that the border needs to be secure and it's just north and that's not enough to keep drugs and people from illegally being crossed north. jeb bush was addressing that yesterday, and then he offered some clarity regarding the use

of the anchor baby. he said that he was referring to another issue, and not necessarily the people that cross the board legally. >> what i was talking about was the specific case of the fraud being committed. there are efforts and frankly it's more related to asian and coming into the country, having children in that organized efforts and taking advantage of nobleoncepts. i support the 14th amendment. >> reporter: yeah, the former florida governor and they recognize as a serious issue, and it's a relatively new one. they don't know the extent of the impact quit yet. there's concern there that bush's comments from yesterday could be seen as offensive to the asian community. meanwhile the words are on. the bush campaign are now releasing a brand new video or

really bashing one of the main o opponents and that's donald trump. the war is far from over and only expected to intensify. >> yeah, that's why the theories are digging up and it's inter t interesting to see if they get caught up. now to louisiana and the strait trooper being killed. the man may have another length of the death. >> chris, good morning. hearts are very heavy this morning. a state trooper that dead kalted 12 years of life to law enforcement and ten of those in lake charles the police department and two of those with the louisiana state police. the plot thickens as investigators say that this man that was charge window td with killing of the trooper is also link today the possible killing

of his own roommate. >> an emotional police kernel describes the words captured on the squad cars dash cam. >> you can hear him breathing in there and tell him you're lucky. you're lucky. >> the authorities believe that 54-year-old killed his roommate countering the louisiana state trooper. >> we asked a question that he was involved in this, and yes we're going presume that. >> according to the investigators the pick up was stuck in a ditch on sunday. trooper realized that the vehicle matched the desipgs of a reported reckless driver, and started to ask him about it. the suspect pulled out a shotgun and hitting him in the head according to authorities. >> i watch that gunshot blast and i saw my trooper go backwards and go to his unit.

>> good samaritans beat authorities to the scene. >> this is a hero right there. >> investigators say and subduing him with the wounded officers handcuffs. >> me and sam handcuffed him, and then we tended to the officer. >> on age a law enforcement officer is killed in the line of duty every two and a half days of the country. >> it's there in everything that you do. you don't know what is on the other side of the door or what's going to be behind the wheel of the car as you approach. >> now he is charged with the first degree murder charges in the killing of this state trooper. now authorities tell us that they will continue to investigate the killing of the roommate. as for the trooper's family, he believes behind a wife and

9-year-old son. >> they're going to struggle for some time. let's surpd them with love. breaking over night a terror ring busted more than a dozen people detained and accused of detaining fighters from iraq. in the meantime the train terror suspect is a national that moved to spain. he might be linked to an isis cell. officials have agreed to switch off the loud speakers on the border. the action comes after expressing regret over a land mind injuries two soldiers. an i ndy is remembered as a goodman on and off the track. he died on monday after suffering an injury on sunday. he was struck by flying debris from another car after a track

wall. now justin wilson was just 37 years old. he was a big safety advocate in the sport. the death renews question on the open cockpit racing not just a racer, a father, husband. we think of them as the athletes, but at home they were the guy. >> they're the last drivers when i say, there's no windshield. it's just exposed. >> yeah. >> that's a story part of racing and an old part of racing. is it something that has to change? >> it's so krcrazy. we see other crashes that people walk away unhurt then you see this. if he decides to run, the white house could find themselves in a rock and a hard place. our panel weighs in on the primary endorsement next. did you know that good nutrition

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a top source tells our own jeff that vice president joe biden has the president obama blessing to jump into the 2016 race. how likely is it that he is going to throw his hat into the ring. and then the chief political corresponde correspondent. >> well, i think that he has the blessing. the president could be encouraging him. i don't think that's happening based on the conversation with people. president obama was very clearly impacted by joe and really feels what he is going through. i think that he bapwants to giv him his sparks but a lot of people think that he is not going to run.

i think that you should absolutely get into a race, and he is saying to follow your heart on what you want to do. >> heart and politics. yes some are a cynic. why is this tough for the president? why would he back clinton over biden? >> well, hillary has been loyal and they forged a partnership. he did that and is support. >> yeah, that's a good word. he kind of seemed to start to throw the weight behind and it's a little bit awkward dance. we saw it yesterday. >> he is on the way out allison. he might as well go out with the conscience. it's no secretsecrete. >> i think that a lot of the obama campaign structure is not around hillary. what you're seeing is the

complicatio complications. >> nothing to see here. >> or honk eer down. it's one thing and starting to something different. one is how she has handled it. for a lot of time a lot believed that she would be the only one in town. i am not sure that's the thing. the other thing with joe biden is that i am not sure where the path is. they you draw a lot of the same voters. >> what do the sources say what is going on about joe biden? what do they say? is he going to get in? are they planning for that? >> they think that he will not. they think that he is going through a terrible thing. nobody can describe what kind of a loss this is for him.

losing his wife and daughter and now his son that he was in credibly close. he is going through something that most of us could not imagine going through and wish on anyone. i think that the people are mindful of that, but at the end of the day they still think as we were just talking about that there's not a great path for him. the one thing that we have not talked about is politics and heart, but money. i don't know where he comes up with the money with super pact fundraising or lower dollar fundraising or being competitive at this late stage, it's pretty late. >> i wonder why we're ignoring it. it putting the water on the idea of joe biden running. the reality is what is the biggest to the pathway and he is not building an organization. once you get on the ground in a lot of the states the organization wins. it's a business. how could joe biden tap into enough talent and you have enough pockets to make himself

competitive against the massive clinton machine? >> well, it could be hard but there's one thing to remember. there are a lot of democrats that are not apart of the hillary organization, so if it was jeff that he was hunk erred down and it's a real democratic strategy. >> yeah, a huge thing in the democratic party. >> now to jeb bush. here is how he explained the term. >> i was talk about the specific case of fraud being committed. there are efforts and it's more related to asian people coming into our country and having children and taking advantage of a noble concept with the birth rights. nothing should be viewed as the

immigrants at all. >> what's wrong with that response? >> well, it went away from one thing and moved to another thing that insulted other people. it's not quit the same thing. the asian remark was awkward and it's a news account about the organized efforts in this regard. it's a derogatory comment and something of a unicorn. there's expedited process of the parents that's not true. it's proven over and over again. what is striking to me is that i understand what he is saying, but the hope is the responsible adult and this came out in 2013. that's why it surprises people. >> he is trying to say to an angry one that never works. it does not work in a marriage, kids or politics. where does he pivot off of this?

>> well, what donald trump has shown is that the average and that it's so super tricky. his brother had this problem. it really fell because of immigration. jeb is in a tricky position. he is not the most seasoned one, so they're going to have to get better answering the questions obviously. he is in a very tough situation. >> thank you. that's a good one. thank you. >> help me. >> i am trying. i am giving you my distance. new details in the gunman of the high speed train in france. what authorities know about him that u.s. didn't. we will take you live to paris after the break.

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china's central bank has cult interest rates as it goes down nearly eight percent. they're looking for a rally on wall street today. the dow coming off in nearly 600 point loss and down for if year in mid-global concerns and the dpu chur is higher this hour. >> the questions this morning with cooperation and the officials and the u.s. and europe after the near massive on board a train in paris. the suspect was not known to u.s. authorities, but was known to officials. we're learning more of the french american that got bringing down that attack er. there are open questions and now we get the answers from live in paris. good morning martin. >> reporter: good morning. the suspect in the case and possible that french officials will charge him today.

they have held him without charges. we will be looking for that and then on a kind of european watch list, he was. he was not on any american watch list. it was a failure of communication. that's being looked at quit seriously. then mark and other hero, an american hero. this is a man with french and nationality. he paid the price for it on the train. he was shot in the neck and recovering in the hospital. many people are saying don't forget about him. he is a hero. he also will receive the legion of honor. now anthony sadler will be the first to return, and the two others are in the military. spencer stone will go to germany will he will undergo further

medical treatment. why it's good to be anthony gets recognized and gets invited to go to a rap concert last night, and he had a he can of a time. well deserved in france. >> if that duid you want make a global experience, i don't know what does. you are on a plane and then deal with a guy and then a american star's son recognizing you. now the name of the attack er maybe something that you may forget. christopher norman is too a hero. we have an interview in the man that was instrumental. what made him run towards a situation that many of us would run for?

>> that's great. cheaters and the ashley madison update. five lawsuits have been filed. you looked at me. hackers exposed the names of millions of customers and claiming brief of contract and mention and they want the suit to reach a class action status. also on a tragic note the police are are investigating the suicides possible linked to the hacking. here is an update that we don't get to bring you. a 10-year-old boy that variened while hiking in utah is alive. he is said to be healthy and well. after 247 hours of gets lost, he survived between curling up in the rocks to stay out of the wind as the temperatures dipped into the upper 30s. he was spotted on monday by a plane. he was cold but otherwise healthy. the family was out fishing and hiking and off to get some

things and got acceseparated. it's such a great outcome. >> good news. market diving and rattling investors and experts say no time for panic. how is it not a time to panic? we will put the question up and she will tell you what you need to know. stay with us. are incredibly good for you. because they're heart healthy because they're good for kids. and granddads and everyone else in the family. everything we do is because of what really matters most. the goodness of oats and the people we love. diis critical for brain health?n brain food, hmmm. ensure has b vitamins that help support brain health - now that's smart nutrition. ensure's complete balanced nutrition has 26 vitamins and minerals and 9 grams of protein. ensure.

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waiting to see if it's another tough day on wall street for the monday deep dive. the dow has dropped 1,700 points in the last day. what you should and shouldn't be doing at this time. let's do this. i know that many of us are wondering if i am not heavily in vested in what you were having before, is this going to affect me. am i going to feel the affects of this big day? 800 on the lows and then closing down. that hurts the psychology.

if you have a 401 k and active trader, you have lost the ground over the last few days. i am thinking $2 gaspy the fall. >> consumers will cheer that. >> yeah. that's one way. another way is in the mortgage. here is why. you have all of the money coming out and then the stocks are you rushing into the safety of government bonds and treasury bonds and pushing on yields. mortgage rates stay lower than we thought. >> you're saying that if i am on -- >> these are ways to feel this outside of being an active trader. >> so it's not all terrible. there are some little lines in this. >> maybe some big silver linings in this. it's going to raise and you need

to start talking about the financial mortgage. >> yeah, i think that it matched. it matched my blood pressure going up and down. now the question is with what do i do? i am a nervous investor. what is the advice? >> think of the long term goals. think you don't want to think of what to do in the three days. think about the long term goals. also re-evaluate and make sure that you may how much years to retire and how much are the risks. >> depending on where you are your life, you may want a different stance. >> yeah, some thing s that you don't want to do is panic. >> history shows that when you panic, you make the wrong choices at the wrong time and lose the money. >> exactly. the stock market is life. change the strategy and do that.

if you're making the reactions and re-evaluating, you would have sold here and here and here and you would have sold here. you would have missed out on this. we have had the pull backs. >> yeah, long term we're going to be fine, but it's just going to be crunchy? >> yeah, first of all those are the people that like the try to stocks actively. that's a different beat than what we're talking about here. if you're in a 529 plan in vesting in a 401 k, know what the risk is. if you're 40 years old, you can afford to be all in in the stock market. if you're closer to retirement or ten years, be careful about how much stocks, bonds and commodities are alike. we're heading into a rough patch. >> that's why i love you so

much. come on. i will hold you hand. thank you. this is reacquaint suring that we will be watching the markets from now. we might hug it out. meanwhile hillary clinton is the democratic front runner. how much could joe biden shake things up if he gets into the race? we take a look at that next. ur s permission to park it wherever you please. hey. that's that new gear feeling. this week, these folders just one cent. office depot officemax. gear up for school. gear up for great. the one on your right is made out of high strength steel and the other is made of aluminum. now i'm gonna release a 700 pound grizzly bear into the room so you better pick a cage and get in it. this is crazy. oh my goodness. why did you pick the steel cage? harder for the bear to get into steel. you want to see something else made with high strength steel? that's the chevy silverado. made with high strength steel for high strength dependability. beautiful.

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kwlin ton's president joe biden facing several bumps lately and the possibility of joe biden entering the race. plus how she is weathering the questions with the e-mail. joining us to discuss this is former white house for the bill clinton administration. >> thanks for having me on. i hope that we have the new facts out this morning. >> okay. let's see about that and the

challenge. let's start with joe biden. if he gets into the race, how does it change? >> it makes the race much more interesting. it makes the nomination more valuable. he is a great man and vice president. he is way way behind. he has a long way to go, but we welcome him into the race. >> so in one is clicking the boots? >> the opposite. we need a contest. we have a tremendous lead and favor of leads. let me repeat. favorable leads for 77 percent of the democratic that nominate. if we go through the real clear politics average, hillary clinton is 40 percent ahead of joe biden nationally, 30 percent in new hampshire, 30 percent in iowa, over 70 percent in south carolina. has a lead, and she needs it. there's nobody better than

sanders and biden when she wins the nomination over those two people and the first president of the united states. better to have joe biden in the race than out of the race. >> what we have is the latest cnn poll, and i will show that to you. here clinton is now at 47 percent. she is higher than vice president biden. however, look at just this and she has gone down from 56 percent to 47 percent. >> so only you would find a way to get a 47 percent lead out of a negative. allison -- >> you're not concerned that it's gone down. >> it's favorable and they make the headlines over the weekend and the word on cnn. she is never 30 percent ahead.

you're thinking that she is on course with this kind of combination. going down and being ahead of it let's start with the 33 ahead rathd than going. >> hold on. you're invoking the reality. i do have that one. let's put it up. >> this is the first time that you're going to put it up for the first three days. >> are you watching around the clock 24/7. >> you said 70 percent, but it's 60 percent. >> you did not hear me correctly. >> i said the favorable's among democrats. >> yeah, among the democrats. what i have here on the screen. 60 percent and we're going over and over. >> yeah, you have contest here with the 60 percent verses the 29 percent. the farvorable headlines says

that hillary clinton is unchanged since july and 70 percent among democrats. that's the headlines reading. >> that's interesting because there are news papers around the country that disagree. day and this week there are editorials in the newspapers and the register and usa today how the e-mail controversy does matter and should address it. let me read you a portion from two days ago. clinton and her team should have turned it over to the state department or perhaps the 62,000 messages. instead they took it on themselves to delete about half of the messages as personal and scrub the server and have the suspensions of the cover up. >> let's deal with the issues. you deal with a fact of the ins disputable fact and it's the 3,000 voters and over

70 percent -- that's the difference in a fabt and o p opinion. >> these are people's feelings. >> let's do with the opinion and not a question. it's an opinion and not a fact. the fact is over 70 percent farve ra favorable. >> on the e-mails every expert including the top lawyer at the national archives says that she did nothing in legal when she had them on one server as did collin powell. nothing illegal about having your own server. >> until there's harm anything that occurs is transferring to the proper server so the facts don't support it. >> the fbi is investigating. then we know what the inspector general. let me quote him. the opinion and not one e-mail

was ever designated classified and if it's not classified it's designated and therefore the inspector general disagreed with anything that says there's any breech of national skurtd and not one thing of evidence that the naggal security is on. so no harm. what's the issue? >> you're answering it before the investigation. >> yeah, it's the inspector general and it is possible that the e-mails. >> your in accurate. the inspector said not one e-mail was designated classified e-mails in all of this two years most the fact with a look of looking back behind when leaving the secretary of the state. let's be accurate. >> fair enough. why don't you nothing illegal.

>> you have to. these are what elections are based on. >> well, the american people and the polls has hillary clinton beating the republicans despite the numbers that you broadcast without with favorable and democrats. the feelings are real. i respect those feelings. the facts that the american people see is one. nothing illegal. two no harm to the national interest, so the fact is true feelings when there are issues and that's why she is ahead of the polls. she is the first female president of the united states. it's only in the world.

>> she is going to be a nominee. >> you're a good friend and of hillary clinton. >> thank you allison. thank you for having me. >> you can tweet us having the #new day. look forward to reading those. we're following a lot of news this morning. let's get to it. fasten the seat belts. it's going to be a bumpy ride. >> it's a bigger fold, and it's a blood bath. >> all eyes are on the vice president biden. will he or won't he go into the race? >> the men are heros and chris a british national living in france say that they prefer to

think of themselves as a team. >> it was a medal as a team. >> this is new day. >> why as yaasian markets are u for the second straight down. now we hear the china central bank and this is new information and the cut of interest rates. >> when you look at this you can see a 500 percent gain and that

suggests a big big bounce at the open and that's up from what you ask? look at this. the first and then one of the worst performance since 2008. you remember and what is happening now. take a look at europe. the shares have bounced. they're all higher right now. shanghai and another eight percent decline for the stocks but the selling stopped there in china and the rest of the world is rebounding. see the commodities and you're seeing it go into the money market and we're waiting for the opening bell to ring and it looks like a brutal case and what it is yesterday it is a bounce yesterday. >> we're watching with the focus

on china and they're making the rates this morning. what else might beijing be doing the reverse the downward trend? we return for more. >> well we just are talking about this in the last hour. it's breaking and they're taking action. this is something that investors are watching and the thought is that will the markets respond in a favorable way. that's what we have to watch here. it allows banks to lend more money and it makes it cheap er to borrow money and that's going to encourage in vestment. that's not all that the central bank. also pumping $23 million out of the financial system and there's more to come. there could also be infrastructure and fighting the

wage and corruption and the tool kit and investors are restoring the faith in the market again. these are people that put the life savings into the market and saw thing in the first six months of the year and only to see much of that since july since the june 12th and china and 42 percent of their value is erasing the gains that were mad. it's making people nervous and i would like to say that the

markets -- the chinese were not d going to support that. what we just had in the last hour is the response. preparing that they're prepared to do something with the economic growth and the rate. they're causing the interest rates and the margin of error when you talk about china we have guys like coming on the show today and then we have been talking about china since 2009 and it's big pension money that has to make seven and a half

percent in the year. they have so much money that they don't know what to do with it. that's why we're seeing the bounce this morning. it's not about scaring us. there's an insider game. >> i think if you buy that argument that there's an insider game that a lot of this is happening for the professionals. the big concern is that it's a black box. they don't know what's coming at them. >> i don't agree with you on the idea that there's another game being played. >> in the context of yesterday and today to have a bounce back. that's what we're looking at. the makt is going to explode.

it's a capital flow and all of those you do get the volatility. in the old days you can get the 15 points in each way. today you get the 200 point ones. it's the ones. >> it could be a giant -- >> nothing's changed in china. >> why are we going to have a positive side? >> because it's volatility and market. >> suspect it exactly what -- >> no. >> do you see what i am talking about? the reason that i disagree if i may. look at them both. the reason that i disagree. >> it's going to be in my christmas card. >> yeah, that's all that i have to say. yesterday was so terrible. i will say that it's on the floor yesterday and big investors that say the high frequency trading.

we had the sells on friday and then usually in the old days you see the weekend and then traders would switch the positions and change the positions. all of that money was sitting in the computer and now yesterday you have all of this buying activity that i think is hard today. now it's selling again. >> you're talking of today's market. i am talking about the larger, wider picture. if you want to make money today or or tomorrow on volatility, fine go ahead. that's what the traders are doing. your 401 k and the other plan you' your savings and mortgages are predicated on the economic issues. >> i'm confused. if you're stricken and handling the situation. what are we to do about this? >> well, there's nothing to do

about it other than the prime time. china and authorities i mean the stock market is going manipulate and it's only causing more uncertainty in the ability to manage a soft landing. i think that what we're seeing is the emerging market that's big and trying to make sure that it does not hurt the rest of the world and the responsibles are diffusing. >> i have not heard the advancement and i have nothing to do. ready for prime time and it's over night. >> what i am saying is that it . >> it's a political issue. he says that they're going to the value to look -- >> donald trump wants it both ways. here is a man a politician that's saying that china is

the -- expect that he is selling million dollar apartments to the chinese so he is a beneficiary of the policy that he knows -- >> he has he is getting the 5.3 rate and it was difficult to take the jobs over the next 15 months. if you have a really wide stock market and they're to blame, it's easy to start and and he is the one that only talks about the deficit. it's the largest part. and they look -- you have given it away and that's the opportunity that you're talking about. >> thank you for a lively discussion. that was a great moment. >> did you see me catch him?

>> it's a good day. >> i will be switzerland in this one. it's a great conversation now and we're talking of vice president joe biden and if he is going decide to run in 2016, he has had blessing of his boss. what's the white house to do? well, now to michelle that's at the white house. >> well, as much as the aides will tell us that no decision is made yet. we have seen the movements seemingly in that direction and to the points that those close to him is more likely than not that he goes for it. he had a lunch with the president yesterday at which the president essentially said that the blessing is not that he is going to counsel biden. he had a meeting with two former ones and it's weeks and

including donors and fundraisers and strategist. listen to what the press secretary said about possibly running. >> the president has indicated his view that the decision that he made, i guess seven years ago now to add joe biden to ticket as the running mate, was the smartest decision he has had. >> he is the one percent of americans that knows what it takes to launch the successfulness. he is not going to rule out the president, but that's going to happen later today. it's almost like the white house has a saying and everything is quit the opposite. i thought it was interesting because the president could very well make, and it's not going happen any time soon. >> all right. >> well, the u.s. and turkey is

gearing up for a comprehensive operation. turkey saying that both have agreed on a plan for air operation to get it from a 50 mile long zone. the regional allies including them may also take part. >> major changes are come to go the justice system after more than a year of racial tension and violent protestors. this is going to be a big one and an olive branch to the community. let's get more details. what is going happen there and why? >> chris, you know this really is sweeping if you look at what is happening in that thing. basically what a judge has decided and he has just put it in place. he replaced the old judge and has decided to withdrawal all of the warrants that exists in ferguson at the time being. that is clear and also gives you

some idea and there's sort of a list of things that this does. they're with drawn, but the cases are not with drawn. nerd, it's whipping it slate clean and letting people come to court and try to resolve the issues and one of the big issues is they came and now we're going to give you a payment plan or the service. they may all get rid of the them all together and you start with a completely slate. there's of course criticism and this is coming after the year of protest for the doj and went after ferguson and saying that it's arresting and search black people. they're for a number of people that are higher than white for

ferguson. some people are saying that if some of these in the first place were stuffed back, why did you not wipe clean. these are sweeping changes and making it here. there's also krcriticism that ts is not by another court. it's a mechanism and it's not working out. they will go back to the way that they were before. for a lot of people and the politicians this is a win for those that are protesting against what they say are very unfair practicing in ferguson. maybe it's a step in the right direction. we have to consider that possibility. we want to show you this. a guy that was in a whole lot of trouble with the law went in behind the wheel of a police cruise er and fled across and then the suspect did not get far. he was in the car and trying to go and it was one of them. they were able to track him down to the other side of the hay.

they tazed him and well. next we speak with christopher about his in credible experience friday on board that train. see you soon. we look forward to it.

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suspects have gone with them. a fraternity suspended for displaying the banners with messages and welcoming the female freshman to campus. the banners were hanging outside of the frat house. you see what they say. it's the freshman daughter drop off. drop off mom too. they will remain pending the

outcome of the investigation. he helped three americans bring down a possible terrorist in france. we're going to speak exclusively with christopher norman about the in credible experience on friday. what made him do something that so many of us could not? when you do business everywhere, the challenges of keeping everyone working together can quickly become the only thing you think about.

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it is time for in side politics on new day with mr. john and a few things that i am sure that you can talk about today. >> we're going to talk with a blessing. i think that you may know a little bit where we're going there. with me to show the reports in side this morning is ashley park er for the new york times. i don't think that they needed her blessing and it was an interesting goal for the vice president and they both come back from vie case and have a lunch and word were leaks out and there's a good amount of time in the 2016 deliberations. we're told that the president makes it and if you want to do it, do it. that's my blessing. that's not a distortion and to a

base that loves it, it's a good signal. >> yeah, it is. so he talks to the president and the president says you have my endorsement and the president's press secretary comes out and the decision that obama made was picking biden as the president and then it lead to not picking hillary clinton as the secretary of the state. he met with warn over the weekend. he has private meetings scheduled with the fundraisers. he is doing all of the right things if he wants to run. >> the conversation among the professionals and close by the friends is should he do this? hillary has the campaign and works for hillary linton. there's the infrastructure and the boots on the ground. as we have seen from the summer of trump and the history rehimis us, anything is going to happen. >> well, sam has a great story of the family's concern.

he is weighing the options and the impact that it would have on the relatives. he has to find a job in the race. he is the front runner and bernie has a lot on the left. would biden come on to the left? it's not sure. he is an air and a top ali, but he is not a favorite of the left or a darling of the e str establishme establishment. >> okay. forgive me mr. president. i think that he is a great campaign er. he is the best guy for the job. i have been vice president and the record is for the candidate and that's not a great one. he does think that the allies could make the equality, and that's a big issue. it will be a general election and better than clinton. he has not made a lot of money. i don't think see him after the race and her.

look at my legacy. i did not give the speeches for 250 grand. i don't see that. >> exactly. i think that he is sort of naturally the middle class kid. he does not have to twist himself up to prove his middle class street credits. he does not have a natural ied logical and not as adepressive a and tied. donald trump has showed us that there's a craving for the unscripted and that's who biden is. i mean a lot of the gaps that would have done in the politicians have become enduring when they're from him. >> for better or worse. you have that. let's move on to the conversation now that donald trump started, and i would like to put it they took over in the party about the anchor baby. it's across the border and in

the united states. if they come on a visa or illegally or the child is on a big debate. . jeb bush is trying to make peace and here o is how he decided to.net. >> this is lewd chris to think that i am using a derogatory term. what i was talking about was the specific case of the fraud being committed and there's organized efforts and frankly it's more relate tody the asian people coming into our kouncountry and having children in the effort and taking advantage of the noble concept. i support the 14th amendment. >> if you talk to officials and in the state of california they

say that this is a problem. they're coming in and they're alike. it's an issue and it maybe an issue in california, but for jeb bush to be stuck in the quick sand. i am convinced anchor baby could be the self-support. once he went there, it was over for the voters. >> yeah. it certainly was -- this was some sort of substitute one group who you've offended with another group you've offended, you're simply not winning. >> mr. trump is under the governor's skin, fair to say? >> he is.

i spoke to trump yesterday. he just continues to slam bush. and he loves it. i said are you going to stop it ever? he said, probably not. and on immigration especially this has put the republican party in a tough position. the base loves what trump is saying on immigration. whether it plays in a general election, who knows. >> even if you don't get a big bounce out of those early february caucuses and primers, march 1st, south. >> someone need to explain to me why he thinks it's to his benefit to go after megyn kelly. tweeting last night kelly is really off her game. later he tweets i like the kelly file much better without megyn kelly. maybe she could take another

11-day unscheduled vacation. he retweeted a tweet where somebody called her a bimbo. no rules apply to trump, but i cannot see how that is in his interest. >> i was very stunned to see those tweets as well. donald trump is in a weird way a post fox news candidate, a post everything candidate. the rules of traditional do not apply. you cannot go to war with fox news. and he's doing the exact opposite and crowd love him for it. >> the one thing, these were all trump supporters. the one thing that really turned them off, trump's comments about women. he should be paying attention to the voters. it's not acceptable if you're a

presidential candidate. >> betsy klein sent out a note saying, as a parent, it makes me cringe, some of the stuff he puts out on twitter. we have that cnn debate coming up in a few weeks. the trump-bush thing is going to be the biggest head-butt. . next, christopher norman, he is the man who helped those three americans bring down the terror suspect in france. he's next.

okay. christopher norman is one of four men awarded france's highest honor for bravery for his heroic role in stopping a potential massacre aboard that high speed train bound for paris. mr. norman, thank you so much for joining us. it is a pleasure and an honor.

>> morning, chris. >> what was it like to face president hollande and get this honor. >> frankly, i would never have believed it, that it was going to happen to me. it is a great honor to meet him. and when i met him, i found him quite a personable guy. we had an interesting discussion and i enjoyed it. >> what was the discussion about? >> it was about the role that citizens should play in fighting terrorism. what my position is and i think what we discussed is that the police and the law enforcement agencies can do what they can, but we can't have absolutely everything done by them for us. i think as citizens we need to really move forward and we need to take some of the responsibility for it. whether it's simply by being more vigilant or preparing

yourself for action if ever you do find yourself in those situations, we do need to think about how to do it. i think we need to try to work out how to harness the power of the citizens. >> what was it like to meet the three americans? what kind of body do you have with those young men now? >> i think we've got a pretty strong bond. you know, i really spent more time with alex and anthony. we had a good couple of discussions. while they were making their statements to the police, there were no english speaking people there. so i was also doing the translation of what they actually experienced as well. and i think we got a very good bond together. when we were actually in the action, we actually worked as a team. it was really very quick team

work. when i met spencer afterwards -- i didn't meet spencer after the event because he went straight to hospital. it was great to meet him actually at the ceremony. >> and the 51-year-old, the teacher who has dual citizenship, he got shot. were you able to talk with him at all or check on him? >> no. i wasn't able to. what i did do, is i was very, very concerned for him because, as you know, he was losing a lot of blood as we came in. i'm very pleased to hear from the french authorities that he's going to pull through. really i think he should also be really thankful. and tals firalso the first fren who tackled the guy when he first came out of the toilet. he wasn't in the carriage when

we actually brought him down, but he was the first guy that actually tackled him. i think a lot of people participated in making this happen. >> how do you explain this man's resilience against these attacks? somebody tackles him, then he takes a pistol and shoots him, gets his rifle back. and the four of you take him down. what made it take so much action? >> i don't know, to be honest. but one thing i did notice is that he was very, very sweaty and it was very difficult to get hold of him. apart from that, you know, i think everybody was a bit shocked. and we didn't really know what we should be doing. i think alex probably had the clearest vision of what needed to be done. spencer was the guy who took the biggest risks. but as a team we managed to get him together. >> you have a great line that i want you to explain.

it is hard for the rest of us to understand what it takes to get involved in something like that. the instinct is to hide, the instinct is to run. you said sit down and die or stand up and die. what did you mean? >> when it first happened, i sat down and tried to hide. but i've run through this kind of scenario quite a few times in my head before this. i was discussing it with one of my friends a couple of weeks before. he said you never know how you're going to react. i thought about it for quite some time and my position was that i'm not going to be the guy that just dies sitting down, trying to hide somewhere. you really need to be prepared for action. and although, in the first instance i was readily -- how can i put it? i was really scared. in fact, i remained scared

throughout most of the intervention. i decided that if you're going to die, at least try and do something about it and try to make a contribution to bringing him down, if that's what it turns out to be. also, i think there's a second very practical thing. in that particular situation, you're in a train traveling at 300 kilometers per hour. there's virtually no way out of it. the guy's sitting there with i don't know how many magazines of bullets. he's going to get you anyway. so get up there and try and stop it. it's probably a much better chance for you than just sitting there waiting to be hit. >> easy to say. tough to do. what was it inside you that let you do something that saved your life and so many others? >> well, i think first of all i was trying to work out how to act because i was about 15 meters away from him. what i had for my first reaction

was to wait until he gets close enough to i could least try to surprise him. i heard alex say to spence, go get him spence. it's all a bit confused in my head now. that's what i think he said. i thought, okay, great, there are other guys involved as well. let's go in as a team. >> so many lives saved because of you men. i appreciate you being an example for the rest of us. thank you, sir. >> thank you. >> i hope to see you again. take care >> that's wonderful. just so great to hear from him and see how well he's doing and how many lives were saved, chris. thanks. . here's an interesting and controversial topic. should children be allowed to train on automatic weapons. charles vacca was killed by a

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we're the children of charlie vacca. and it's time for a change. we think it's crazy that kids can legally shoot automatic weapons. >> it's time for us to speak up, because we have a voice. >> those are the children of charles vacca. that was a firearms instructor who was killed one year ago today by a nine-year-old girl he was teaching to shoot an uzi at a gun range. with us this morning are christopher and elizabeth vacca as well as the vacca family attorney. welcome to all of you. it's nice to talk to you. i have to tell you we cover a lot of tragedies here on cable news, but the story of what happened to your dad really stuck with us. it seemed like a tragedy for everybody involved. ellie, how have you processed what happened to your dad over this past year?

>> it's kind of hard to explain. when it first happened, it's kind of the initial shock. i just didn't want it to set in. but after a while you kind of have to realize that it did happen and it's not going to go away. so you kind of have to find a way to move on. >> one of the thing that was so shocking to some of us was that a nine-year-old girl was allowed to handle an uzi, a sub machine gun. we had never heard of that. but it is common place around the country. is that something that you dad talked about? did you know that kids were able toe shoot to shoot machine guns where he worked? >> it's not that i didn't know. but we didn't talk about it. >> did he allow you to shoot guns? >> we went over safety procedures. but he never let us fire them

because we were too young. >> it was so heartbreaking for you guys. we thought of you guys losing your dad. and we thought of the nine-year-old and what her life would be like and what her future looked like. have you ever made contact with that nine-year-old or met her or spoken to her. >> actually, we tried to. we put out a video of us. we wrote a letter to her. and we didn't mail it. we couldn't. but we put out a video of us reading the letter. >> what did you say in the letter? >> it was more like saying that we forgive her for what happened because we didn't blame her. we never have. >> that's so generous. i mean, i know that you said in the letter that you know that her heart was broken also and that you all were grieving together. that's a really generous position that you all took. but you've never been able to speak to her? >> not yet. but hopefully we will. because i think it's really

important in the moving on and healing process that we get to meet her and see what kind of person she is. it's a lot easier to not like someone when you don't know them. >> what have you learned over this past year about children handling guns at gun ranges and how common place sit is? >> i have realized it's a lot more common than you think. small children even smaller than christopher are allowed to handle automatic weapons that military personnel are trained for weeks to handle. and kids are allowed to use them after a couple minutes of instruction. >> so what are you here today to announce? what are you both trying to do? >> we're putting out an online petition that we want people to go online and sign if they agree with us that small children should not be allowed to shoot automatic weapons. >> and chris, what do you think the chances are?

i mean, from what you've learned over the past year, people are pretty attached to be able to go shoot at gun ranges. >> the hope is we can get enough people to sign it to change the law. >> james, what's the likelihood? other states have tried to pass laws and particularly after what happened to their dad, there was a lot of out cry about how kids should not be able to handle firearms. but that never went anywhere. >> it didn't. in 2008 there was a young boy who lost his own life while shooting an uzi in massachusetts. his home state of connecticut passed a law banning children from handling machine guns. there have been a handful of states that have tried. if you look at what most of america says, 90% of america after this incident said kid shouldn't be fire machine guns.

we think with this evident we have a chance to save lives. >> you know how powerful the nra is. and they say that there are all sorts of kids responsible enough to shoot weapons. >> we're drawing a line. this is not about firearms. this is about machine guns. we think it's a matter of common sense that eight and nine-year-olds shouldn't be firing automatic weapons or uzis. >> the law is just about machine guns? >> correct. >> how are you guys doing on the anniversary? and how are your brother and sister doing? >> it's kind of hard not being home. i believe it's going to be hard for everyone. on the year, the date, the reminder that you're never going to see your dad again, it's kind of hard to think about. >> i'm sure it is. and what do you want everyone to know at home who's watching

about what you're trying to do now? >> it's for a good cause. >> because you think people will be able to stay safer? >> yeah. >> well, we have the website up that we will show. i will also tweet it out. it is really nice to meet you. you guys are just special kid. and to be able to turn your pain into trying to prevent other families from going through it is really powerful. thanks so much for being with us. >> thanks for having us. >> sometimes kids make the most sense. we're about 90 minutes away from the opening bell on wall street. what's going to happen? the futures are so high? some of the steepest numbers we've ever seen. what to expect and why, coming up. imagine - she won't have to remember passwords.

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for all the confidence you need. td ameritrade. you got this. . all eyes on on the stock market this morning. >> investors are in panic mode. >> there's still more to fall. >> will joe biden run for the white house? >> he really does want to be

president. >> president obama weighing in, giving joe biden the green light. >> this will be a panic move for the democrats. hillary's numbers are bad. >> excuse me. i'll use the word anchor baby. >> the other candidates are just trump without the pizazz or the hair. . >> chilling words captured on the squad car's dash cam. >> you can hear him breathing in there. you're lucky. you're going to die soon. >> this is "new day" with chris cuomo, alisyn camerota and michaela pereira. we are 90 minutes to the start of trading on wall street. futures are pointing to a big opening, a big rebound. why? traders and investors are still anxious. they're awaiting this rebound

after monday's selloff. >> overseas trading is not easing jitters this morning. shanghai with its second straight day of heavy losses, almost 8%. china cutting interest rates. what are you seeing, christine? >> i'm seeing a really wild reaction this morning. you've got futures up sharply. if this holds -- and it probably will -- you're going to see a big rally on wall treat for the opening bell. maybe several hundred points higher for the opening bell. why the big bounce? >> yesterday, one of the craziest days in the history of wall street. the dow industrial average plunging 1,000 points in ten minutes and then coming back. it was only down 102 points midday. and then crumbling again to be down 600 point fwby the closing

bell. you saw chinese markets plunge again. european market versus turned around. european markets are showing some optimism here. the blood letting has stopped and you ever selling of china and buying everything else around the world, including commodities. oil prices up just a little bit. it looks like there will be a very big rally. but the dow jones industrial average is down 15 points in three days. a bounceback will eat a little bit of that loss. what more can china do to stabilize its own markets and slow the global ripple effect? >> reporter: once again trying to cut interest rates. this is the fifth time since november. clearly the central bank is trying to do damage control right now to get the stock market back rising again. the first half of this year there were tremendous gains.

it's the reason why investors were pouring money into the stock market only to see it wiped away in the last couple of months. in addition to cutting the interest rates the central bang is also pumping $23 billion into the financial system. they're hoping these measures will reverse some of the dramatic losses that have been witnessed. since mid june stocks have lost 42% of their value. that's all of this year's gains erased. investors are watching this closely. the state media encouraged people to put their life savings into the market. right here they're talking about the global market plunge. they're down playing what's happening with the markets. perhaps they're restore their confidence and start investing again in the world's second largest economy to prevent the free fall we've been seeing. >> will, it is what to the advantage when you control the

message of the media, but that doesn't happen here. so let's bring in a global cnn economic analyst and professor of economics and public policy at harvard university. let me start with you. i was reading about your perspective on china. a been talking about china having problems for years, since 2009. how much of what you're seeing right now in the markets should be a surprise? >> well, i think you can't expect the basketball team if they win 30 games in a row to win 30 more games in a row. i think that's how to look at chinese growth. the leaders are good, the story similar press sie impressive, but you can't have a great year every single year. people are used to the fact that china always goes up and never

has a slowdown. the markets are feeling that. also the outside risk, but it's not nothing, that they could have a much deeper crisis and then things would get worse. i don't think that's the central scenario. >> i want to stick with you for a second. you're a bit of a visionary because you predicted the eurozone crisis before others did and you also have been warning anybody who will listen that china was headed for some sort of collapse or at least crisis. so what do you think is going to happen next? >> yawn, i try to be so-- you ko be sober but not hysterical about this. china has recessions like everybody else. it's at risk. i mean, their debt has piled up. when you've been growing like gangbusters for a long time -- let's not forget when the financial crisis happened, their government stepped up big. they spent tons of money. they did a big stimulus.

they made sure people were investing a lot, 50% of gdp. there has to be some kind of rebalancing. i think the concern of the leaders is not so much to keep the economy growing super fast. they know they can't. it's to maintain social stability as it slows down and that's the big question mark. >> we're talking about china. but there are those who are talking about oil and saying that this is about supply and demand, but also that oil is the new subprime commodity being used in a lot of these fancy financial instruments. and the depressing of the price is making things unravel. and there's some 23 trillion dollars of hot money put into the market. >> i want to comment to the professor's comments on china. i'm more skeptical. i think the chinese are trying to manage a tricky shift from

being a consumption economy. oil is in part falling because chinese demand is falling. there's some real fundamentals there. at the same time, the money that the chinese government and the fed pumped into the global economy, a lot of that went into commodities and speculation. that's all unwinding. it's kind of a witch's brew of all of this stuff feeding each other. >> it's years of easy money. it's reactions to the financial crisis and all the money that went into the system after the financial crisis. when you have incentives out there to invest in stocks, to invest in commodities too and not invest -- the bond market now. what's interesting to me now is money is flooding to the bond market. you're seeing big moves in these. i wouldn't say it's all china's fault. i would say china is the trigger, but there's a lot of

didn different things going on. today is turnaround tuesday. if you pop 500 points on the open, you're still down a thousand points from the middle of last week. i expect more volatility going forward. >> we're going to see more dips like this. >> it upsets people, though, professor, because the regular person, the mom and pop investor says this is what you guys do, you insiders, is you play your volatility, you make your money and the rest of us end upholding the bag here. the pension fund, they have to make their money. they have a ton of it coming into them. they have to invest it. what is the mom and pop supposed to do? >> you can't compete against the professional investors. most people just have to sort of sit these things out. decide a strategy, change its every once in a long while and don't try to game these people. that said, when the stock market

was soaring, i think the average person wasn't feeling that great about it. and it's gone down, you know, this correction. probably you shouldn't feel that bad about it. i mean, it's just normal. if you're lucky enough to have lost a lot of money, you must have had a lot of money. >> that's an interesting perspective. i like how sanguine the professor is. >> he is sober and not hysterical. i love that. >> i'm trying to take that on. >> he has predicted crises. he has smelled t eed the wind b. the stock market is sup so much over the past six years. chris keeps talking about these professional investor who is get all the advantages. buy and hold investors had a nice run over the last six years. >> she's like mom and pop investors are the pension fund.

that's my point. these pension funds are going to want to get back in the market. people can't time things the way that professional traders do. it seems like the game is changing. richard was talking about the volatility, everything is so fast now. fast for them, the institutional side, not for us. >> you are doing something called dollar cost averaging. the professional investors maybe they're making a lot of money on the volatility. but you're buying stocks at all different prices slowly but surely. there is a way to be invested in the stock market for the long-term. you are kind of immune to some of the volatility that's happening if you are just a steady as she goes investor. >> warren buffett told me he put his wife's money in index funds, blue chip stocks, the rest in cash. that's what i do. >> what does he do with his

money, though? maybe he's throwing his wife under the bus. using his wife as a hedge. one of the oldest tricks in the book. >> so basically the message that you are saying today is prepare ourselves for this roller coaster ride and not to panic. >> yeah. and don't look too much at your portfol portfolio. buckle your seat belt. >> we thought richard quest's head was going to pop off. and today's called turn-around tuesday? so much for sober, not hysterical. >> i guarantee you the politics of the american relationship with china will be front and center going forward. it could get testy, i would say. >> it's already happening, i believe. thanks so much. great to see you all. >> the sober and hysterical, that may be our team name for the quiz show. >> do i get to pick which headline i get to fall under in that one?

or can i just avoid the whole thing all together? president obama's team of rifles may be headed for a primary showdown. he is said to have given biden his blessing for a 2016 run. and signs that biden is challenging hillary clinton for the democratic nomination are growing. >> reporter: the white house is doing its best to stay out of all this. but look at all that's been written already on what a difficult position for the president it would be to have to choose between his vice president and his former secretary of state. what an impossible position he would be in politically. and you look at hillary clinton's lead still over her current opponent. but the white house is now saying more about it than they have, even saying the president isn't ruling out making that decision down the road and endorsing someone when the time comes. here's some of what the press secretary has said. >> the president has indicated his view that the decision he

made seven years ago now to add joe biden to the ticket as his running mate was the smartest decision he had ever made in politics. >> reporter: it's not as if the white house is saying anything negative or even questioning about hillary clinton. the e-mail controversy, they are not going there. the white house is still saying good things about clinton and you might say great things about joe biden just as those close to him are telling cnn it is more likely than not that he's going to go for it. >> thank you so much for that. a defiant jeb bush going head to head with gop front-runner donald trump over immigration. defending the term anchor babies, saying he was not referring to latinos but to asians. and that's creating more controversy. >> reporter: almost immediately after he stepped in front of the

cameras jeb bush added his voice to the growing support for a more secure border. the border wall is simply not enough to curb the flow of drugs and people making its way north. now, during that moment he also took really advantage of the opportunity to really explain that controversial use of the term anchor baby saying he was referring to a separate issue and not so much people who cross the border illegally. >> what i was talking about was the specific case of fraud being committed where there's organized efforts. and frankly it's more related to asian people coming into our country, having children in that organized efforts, taking advantage of a noble concept, which is birthright citizenship. i support the 14th amendment. >> reporter: bush referring to chinese birth citizenship.

it's something that officials in california have recognized as a relatively new but serious issue that's happening in their state. even though it is a legitimate problem happening out west, chris, we do know that trump is already slamming bush. this morning he took to twitter criticizing bush for linking the asian community with this controversial use of a term that's prompting plenty of reaction in this southern fringe of the country is absolutely not an exception. >> a headline that's laden with bs would be battling bae ining not good for bush. disturbing details this morning about the man accused of gunning down a l.a. state troou trooper after a traffic stop. what do you know? >> reporter: disturbing details here. and people in louisiana today in

mourning for this trooper who served in law enforcement for 12 years. and hear this, he's also an army vet. he served in operation desert storm and desert shield. as you said, the plot thickens this morning as investigators believe that the man who is now charged with killing this trooper is also linked to the killing of his own roommate. an emotional state police says the chilling words captured on the squad car's dash cam. >> he said you're lucky. you're going to die soon. >> authorities believe kevin daigle killed his roommate before killing the louisiana state trooper. according to investigators the pickup daigle was driving was

stuck in a ditch sunday. trooper vincent realized the vehicle matched the description of a reckless driver and started asking him about it. >> i watched that shotgun blast on that tape. i saw my trooper go backwards. >> good samaritans like this man beat authorities to the scene. wrestling with daigle investigators say and subduing him with the wounded officer's handcuffs. >> me and sam handcuffed him and then we tended to the officer. >> he was an older guy. took three men to hold him down. >> on average a law enforcement is killed in the line of duty every two and a half days in this country. >> the potential of death is there in everything that you do because you don't knows what on the other side of that door or

what's going to be behind the wheel of that car as you approach it. >> daigle faces first degree murder charges. and those charges could grow as the vrinvestigation into the killing of his roommate continues. turning to central washington, it is being hit with the largest group of wildfires in that state's history. t it has skorge scorched more th 250,000 acres. those fires are only 10% contained and could burn for several more months. accidentally breaking very expensive items. and it came true for one boy at an art exhibit in a taipei museum. watch as he loses his balance. he spills his drink on a

painting. and he also, by the way, punched his hand through the painting while trying to catch his balance. there's the aftermath. let's watch this again. he goes whoops. by the way, that painting happens to be worth 1.5 million dollar. now fortunately his parents do not have to pay to restore the art. i believe there might be some insurance. but the embarrassment. >> counter sue. unstable ledge. the cause and fact of the injury was that what he hit his foot against was not stable and caused him to lose his balance. >> wow. you're good. >> i feel i have to be bound when i walk through any museum. it's so terrifying. >> i'm like that in a clothing store. >> well, yeah. >> you also have a little bit of

a clepto problem. >> my thing dos have ts do haven them. that's laziness. >> no comment. when's joe biden going to tell us whether he's going to run or not? we hear that it's going to happen in weeks. so how do we read it? we look at his potential rivals for the democratic nomination, what they're doing. that's how we get a sense of how real this is. we're going to ask one of them.

40% of the streetlights in detroit, at one point, did not work. you had some blocks and you had major thoroughfares and corridors that were just totally pitch black. those things had to change. we wanted to restore our lighting system in the city. you can have the greatest dreams in the world, but unless you can finance those dreams, it doesn't happen. at the time that the bankruptcy filing was done, the public lighting authority had a hard time of finding a bank. citi did not run away from the table like some other bankers did. citi had the strength to help us go to the credit markets and raise the money. it's a brighter day in detroit. people can see better when they're out doing their tasks, young people are moving back in town, the kids are feeling safer while they walk to school. and folks are making investments and the community is moving forward. 40% of the lights were out, but they're not out for long.they're coming back.

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acutally, it's the samsung galaxy s6 edge, with discreet edge notifications. . some political news now. president obama apparently giving his blessing to vice president joe biden for a 2016 run. if he does get into the race, what does joe biden's run mean for his democratic rivals? do you think that vice president biden is get into the race? >> yes, i do. i just think that all the news recently seeing him standing beside the president so frerk frequently at high profile announcements, the supreme court decisions a few weeks ago, the vice president standing there with president obama. and then of course the news of yesterday, the two of them getting together and the press

secretary saying favorable things about the vice president running his candidacy. >> how do you think that would change the race if joe biden gets in? >> i think it's good. that would make only six of us on the democratic side compared to all those republicans. and voters like choices. this adds a very experienced, obviously a vice president, a long-term member of the united states senate. i served on the foreign relations committee with him. it's good for the voters to have choices. and this is a good addition if he gets in, i think. >> let me put up the latest polls. this is a cnn o.r.c. poll from last week. and this says should joe biden run? and 53% say yes. you see clinton there with 47%.

bernie sanders 29%. and then all the way at the bottom there you see lincoln chafe with chafee with a hash mark. what's going on, governor? >> the first votes will be cast in the winter when there's no leaves on the trees in iowa. we have a long way to go. i'm the only one running that's been a mayor, a governor, a united states senator and i've served on the foreign relations committee. i've taken courageous votes. i'm honest. i've never been in any scandals in three decades of public service. >> is that a veiled reference to what's going on with hillary clinton and the questions surrounding her e-mails? >> i think it's a big deal. it's obviously i think having an effect on the vice president's decision where to run.

we all know as democrats who have to win in 2016. that's what we all want as democrats to think that the republicans could come back against the environment, against women's issues, belligerent around the world, you just can't have that. >> you think hillary clinton as the democratic front runner because of this e-mail controversy is now a vulnerable candidate? >> yes, obviously. it's a huge issue. i mean, it just is. you see it in the news and reflected in the polls. so voters want choices and that's what we should have. it's going to be six good candidates it looks like if the vice president gets in. that's very manageable. it's good for democracy and the democrat party. i'm proud of my record. i voted against the war. vice president biden did vote for it. secretary clinton voted for it. this is what choices should be

about, your judgment, your character, your past record, your vision for the future. >> as you know, donald trump is getting a lot of attention. and he's brought the issue of illegal immigration to the fore. let me play for you what he said about this issue. >> i have a bigger heart than anybody running, but we have a country that's totally out of control. we have no laws anymore. we have no order. we don't even know how many people are in here illegally. we have to get a process started. >> when it comes to illegal immigration, is he right? do we have no laws about it anymore, no order? >> he's making a big mistake. this is a problem for the republican party. this is the fastest growing voting block in the country. and they're leading in the polls is insulting this fastest growing voting block. i think it's a huge mistake for the republicans. of course we always need to improve on everything we do. we need to improve on our

immigration. but there's ways to do that without insulting this important part of our population. >> what is your answer to, let's say, the 11 million people who are not here legally? >> when i was in the senate, there was a good bill put together by senator ted kennedy and john mccain back in 2005. back in 2005, it was a path to citizenship, it had border security. if you had a criminal record, you had to be deported. you had to learn english. it was a good bill. there were nine cosponsors out of 100 senators. i was one of the nine. we recognized we needed to fix that. mccain-kennedy was a good bill. we should take it off the shelf and make some minor revisions and get it passed. a l.a. staouisiana state tr

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all right. five things for you to know today. at number one, just an hour until the dow opens for trading. vfs t investors are looking for a comeback after a massive selloff. china cutting interest rates. a top democrat says president obama has given vice president biden his blessing to run in 2016. disturbing details emerging now about the man accused of gunning down a louisiana state trooper. authorities say kevin daigle may have carried out the murder of his roommate as well. north korea and south korea have reached a deal easing tensions. south korea agreed to nix broadcasts after a land mine

blast that killed two south korean soldiers. the destruction of an ancient temple in palmyra syria. an exploex asion and a pile of rubble. the louisiana state trooper killed in the line of duty is the 21st officer to die by gunfire this year. 21. what can be done to keep law enforcement officers safe? is this a spike? we're going to talk with former new york police commissioner ray kelly. the promise of the cloud is that every organization

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. louisiana governor bobby jindal orders flags on the government buildings to fly at half staff in honor of a louisiana state trooper killed in the line of duty. trooper steven vincent was shot in the head by a driver he was just trying to help. this brings the total of officers killed in the line of duty to 77 and the 21st by gunfire this year. here to discuss is ray kelly.

he's the author of a new book, "vigilance, my life serving america and protecting its empire city." tell me about this book. first of all, you're too young to be writing any kind of memoir. >> it's my first book. i think i've been blessed with a lot of great opportunities and experiences. i was in the federal government. i was nypd for over 40 years. i was commissioner twice. i was in haiti. i would like to have those thinthing things memorialized. i think it's a good read. >> you've been witnessed to some of the biggest moments in history. it's going to be a good read that's for sure. guaranteed. >> thank you. >> let's put your knowledge to the test. every two and a half days a peace officer loses their life

in the line of duty. >> it's not more than ever. actually in the '70s it was higher, considerably higher. any law enforcement death is one too many. it's up 24% in 2014 over 2013. and it's thup this year. >> is it a reflection of media coverage? some people would say in skewed fashion the way ferguson was covered, the way baltimore was covered. >> i think possibly. we have to throw that into the equation. we saw two new york city police officers assassinated sitting in their radio car, which was a direct result of some of the coverage. >> by a deranged individual. >> there's a lot of deranged people out there. that's what the police have to deal with, people who are mentally unbalanced, unstable. the police are coming into contact with them usually first. you can't tell. the police are the agency of

first resort and last resort when it comes to mental health issues. >> you've been instructed me on a certain topic for years and i want you to do it again now. every time a case comes up with a come where their discretion is involved in a moment, you always say to me, remember to put yourself in their position. you don't have the training that they have. but every time they come into a situation, they don't know what to expect. it's easy to lose sight of that when we see that you didn't need to use force in this situation. >> look at this case in louisiana. this trooper said he was there to help. he said i'm going to get you home. this is what he said. this is all recorded. and he wantonly shot him, killed him and taunted him when he was dying on the ground. this is every police officer's biggest fear. you don't know what regular work is going to turn into a tragedy

quickly or grave danger facing the officer. particularly troopers, by the way, because they're really out on their own. the next trooper may be 20 miles away. and in this case we saw where people came in to help. >> rare. >> i think they probably stopped this individual from killing others. >> if the investigation yields what it's suggesting now. but the absolute is the trooper lost their life. the critical pushback is they're professionals. they're supposed to assess risk differently than i would. they're supposed to be calmer, unprovoked and this shows a gap in training. >> every day police officers are doing great work. we only hear about the small number of aberrations where police act inappropriate. they're human beings. when push comes to shove, some people are not going to act appropriate. but that number is very, very small.

crime is down dramatically in this country for two decade. i would attribute that basically to smarter policing. >> work on that fairness and balance and administration of justice? >>s the always a constant issue because of the nature of policing. police are called to be the bearers of bad news, to use force, to use deadly force. it's always a struggle. and there's always this quest to have the community love the police. that's pretty much unattainable. what you want is mutual respect. you want the community to respect the police and vice versa. it's a tough job. >> we see what's happened on the trains. there have been bombings and things in europe. we've been lucky here frankly. it makes you wonder why we don't secure the trains like we do the planes unless we're going to cave to convenience. is that a fair analysis? >> it's difficult to secure

trains. in new york city five million people a day travel on the subway. it is a major undertaking to do that. it would change the system significantly. even the amtrak, very difficult to put in a robust security system. it can be done, but it slows everything down. these things are considered -- i think there's baggage checks that go on in washington and various stations. >> but we have to do more? >> i think we have to look at it more closely. just imagine this individual, if these three heros didn't act, he had nine magazines of ammunition. 300 round of ammunition. he could have walked through that train and killed literally hundreds of people. it's an issue that has to be looked at. all of these things are complex. you have to balance security with operating, keeping new york city open, for instance, other

big cities open. >> it's a constant balance and that's why the goal of terrorism is to strike fear, to disrupt life. >> absolutely. it's all theater. that's what they're looking to do. >> the book comes out september 8th? >> september 8th? >> do i get a signed copy? >> absolutely. you're first on the list. speaking of vigilance, three young men thwarted that violent attack on a french passenger train. now these three amazing young men are getting honored back home. the mayor of sacramento will tell us about the hometown celebration that's planned. wow. sweet new subaru, huh mitch?

yep. you're selling the mitchmobile!? man, we had a lot of good times in this baby. what's your dad want for it? ..like a hundred and fifty grand, two hundred if they want that tape deck. you're not going to tell your dad about the time my hamster had babies in the backseat, are you?! that's just normal wear and tear, dude. (vo) subaru has the highest resale value of any brand...

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. a hero's homecoming is in the works this morning for the three young american men praised for preventing a massacre on a passenger train in france. anthony sadler, spencer stone and alex skarlatos. i understand there's even a hashtag sacramento proud. >> absolutely. we're just so excited and so proud. once the news spread that the folks involved in stopping a terrorist attack were from sacramento, there was such an out pouring of support in our community. everyone came up to me and said we have to recognize them properly. we have to do something fitting. they certainly got the highest honor, the legion honor in france which is recognizing

them. they got a call from the president of the united states. and we have the chance to give them a homecoming parade. >> we know that one of the fellows anthony is from sacramento he's going to sacramento state university. the other two men have military background. these young men met in middle school at a christian school. it just shows you that heros can come from wherever in our society. can they not? >> absolutely. if you think about it, that an amazing story. these three young men went to middle school together. two of them went to elementary school together. now years later they're sight seeing in europe, one for the first time. and for them to put their lives on the line, i mean they make us believe in what's good, they make us believe in each other. they make us believe in a sense of possibility. it's such an amazing story.

there's a buzz in the air in sacramento. >> sometimes we're called for a higher purpose. sometimes we are minding our own business and there is something that we just have to do. tell me what you've been seeing around town. we've been hearing rumors of people wanting to make donations to a scholarship for anthony. this big parade today, tell us what else you're hearing around sacramento about these three heros? >> they're men of faith. opportunities present themselves. and they just acted. they did what they thought they should instinctively do. they're the type of young men that wanted to fight for the underdog and not let anybody be taken advantage of they believe in justice and fairness. when you're around sacramento, you've got high schools and marching bands and drum lines, the military, law enforcement, public safety, everybody is trying to figure out how can we

show them our appreciation? the president of the university we're all going to partner together. we're all going to get together with the governor and show them our proper appreciation. i think there will be scholarshiped a es and foundati. >> you're absolutely right, mr. mayor. if things had not gone that way, these three men and that british national that we spoke to earlier, if they had not intervened, as well as other people on board the train, there would be dozens and dozens of communities in mourning. it seems fitting that we should be celebrating the fact that they saved lives. i understand you had a chance to speak to these young men's families. >> it was an emotional conversation for me. i got a chance to talk to some of the family members, the fathers of two of them in the last day or so. as fathers, they said, we

weren't surprised. that's just who they are. they believe in trying to make a difference and standing up for what's right. when you hear one of the fathers saying to me that he could not believe that it was his son making a difference to avert a massacre on a train with 500 people. i mean, this is what you hope that your son does. two of them are in the military. one of them is a strong man of faith. they believe they were doing what they were supposed to do. the families weren't surprised. >> were the moms a little shaken? this is a terrifying situation with a gunman who is bent on destruction. i can imagine with that great pride is a little bit of, oh my goodness, a gut wrenching thought that this was a terrible act they prevented.

>> one of the fathers told me immediately when it happened he was on his phone talking to his father. his father was listening to the story quietly. and said, okay, thank you, you did a great job. and got off the phone and like did this really happen? they just acted, like a kneejerk reaction. they see something negative happening. one charges him and he knew that the other two -- >> would have his back. >> would have his back. and they weren't going to chicken out because that's the kind of relationship they had. >> mayor kevin johnson, we are joining in hashtag sacramento proud. we are as well. thank you so much. we wish you well with that homecoming ceremony today. we surround those young men in our appreciation and love as well. thank you for joining us. >> we sure are. we're proud and grateful. what's the difference between a general wine hero who

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to turn into the bad stuff because we'll be late turning over the show to carol and the "newsroom." we want to remind people about christopher norman and the men who saved people on that train. three americans, christopher norman, another man of french decent that's still in the hospital and another frenchman. that's the good stuff. time for the "newsroom." poppy harlow in for carol costello. carol is going to tweet me right now. he's angry. >> she's traveling. she's doing a story on the pope, guys. have a great tuesday, guys. >> you too. >> "newsroom" starts right now. good morning everyone. i'm poppy harlow in today for carol costello. just moments before the opening bell will ring on wall street and it looks like another wild ride for u.s. markets