interesting counsel noted hightower case. we filed the 28j letter on november 26th that responded to their cry tafgsitation of hightower. hightower distinguished the claim the plaintiff made because the court found the plaintiff had the ability to obtain a license to carry a handgun openly a so-called class b license in massachusetts. obviously that's not on the cards today. but in response to that we note ad couple of other court decisions which perhaps merit some discussion. first of all, we have people versus rio 189. where the michigan supreme court held here the exercise right guaranteed by the constitution can't be subject made to the will of the sure. they were talking about the right have a handgun. another one from in the end court much appeals this case, 398 northeast 2nd 1339 we have a police chief who decided he had the right to evaluate people's claims for self-defense for granting or denying a concealed handgun and the court struck down restrained the police chief from engaging in that behavior. also, of course

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let's go to one of the world's top financial advisers, with a unit of hightower advisers, barron's. sure you have your own views on the conversation. >> on the contact high that steve has? >> we could stick to the jobs report. >> sure. no, think it is kind of a goldilocks type of report like steve was saying before. >> i don't think it changes much. although i did see a piece this morning that showed that the odds of a fed rate hike in september went from 35% to 28%. talking about a two-thirds dmans september. think the fed needs cover. think they need to build credibility and they've said these are the elements they'll look at. i don't think it's a high trajectory. it's probably one or two and done for a while. >> your phone this week i gather was a little busier than normal given the uncertainty out of the eurozone and greece and now we have another big piece of economic data. so what do you tell your clients? >> the calls i got this week were do we own any puerto rico paper? the answer is resoundingly no, we haven't, stayed away from it. what's going on in greece? how does it aff

i throw in the first as well in hightower, which we briefed in one of our supplemental briefings. that court said that the refusal to issue a concealed carry permit to a retired policeman did not burden a core second amendment right because it does not exist for concealed carry. we have several layers. the plaintiffs concede that is not true constitutional right. there is language referred to in heller about in the pockets of clothing, that language is defining the word carry, not the scope of the constitutional right in the second amendment but a physical description of what it means to carry which means something more than just to possess to bear meaning that you are going somewhere. we feel that the second amendment has always been treated as more extensive outside the home. look at hunting. that that is a core second amendment right, isn't it? heller tells us that colonial he you had to keep yourself alive by eating as much as defending yourself. is there anything that is more restricted in modern american cities than the right to hunt? >> probably smoking. [laughter] >> there

first of all hightower held distinguished the claim that the plaintiffs made their because the court found the plaintiff had the ability to obtain a license to carry a handgun openly, the so-called class b license in massachusetts. but in response to that, we also noted a couple of other quick decisions, which perhaps merits some discussion. -- with the michigan supreme court held the exercise of the rights guaranteed by the constitution cannot be made subject to the will of the share. and they were talking about the right to have a handgun. more recently from the indiana court of appeals, this case, we had a police chief who decided that he had the ability to evaluate people's claims of self-defense as a reason for granting or denying a permit to carry a concealed handgun. and the court that struck down restraint the police chief from engaging that behavior, holding back such an approach contravenes the essential nature of the constitutional guarantee which is essentially, of course, what this panel been here earlier in the case. also, of course, a much more recent case, the supreme

. >> wesley kidder, curtis spencer and bethany hightower plead guilty to burglary and attempting to eluder, among other charges. despite putting so many people on the road in danger, no one was injured. >> these guys definitely had a flight mentality. when you are backed in the corner, you are either going to fight or flight. they ran. and they did a pretty good job of it for a long time. however, not good enough. >>> coming up, no trespassing on this man's property. >> my focus wasn't necessarily instinct or choice at that point. it was preservation. >>> and later, an unlikely hero to the rescue. >> i have no idea what i would have done without her. >> when "caught on camera: fight or flight" continues. ♪ ♪ it took tim morehouse years to master the perfect lunge. but only one attempt to master depositing checks at chase atms. technology designed for you. so you can easily master the way you bank. i've been volunteering at the international bird rescue for about 8 years. we see birds with all types of problems. when a bird gets oil on its feathers, it destroys their waterproofing. dawn is

all right, michael of hightower advisors has clients and investments. he joins us now on the set.reek parliament is debating a bailout package that the greek people decisively rejected a week ago. what are you hearing from your clients right now about the real economy in greece? michael: i am hearing a lot, but it is changing minute i minute. what is going on inside parliament, they have suffered enough. the last week and have, they closed the banks, they said we have to do something to change this. brendan: there was a great article this morning about how in the north of greece hotels -- when you are talking minute to minute, we are not looking at a static environment. what we negotiate today may not be the same as what is going on on the ground monday or how quickly are things changing? michael: very rapidly. people in the north of greece are saying i have to get any money i can. it is a cash economy. people will take whatever cash comes their way. tom: i go back to a conversation with pop address -- the finance minister from years ago. the people of greece outside greece will b

. >> hightower, earnings came out better-than-expected what is most important for investors takeaway.r one is what is going to happen with interest rates, the fed is is in a tough spot they have to raise rates, wrer in a crisis monetary policy still in you states, even more so in europe than asia, we can't keep this liquidity going, however, inflation is low. the fed has said core cpi what is matters that is still low so are they going to be able to raise interest rates? they have to when interest rates go if this bond market starts to break, i think there is a liquidity mismatterch between bonds and ets that could create turmoil could i have with fixed income. >> go ahead. >> and as far as equity evaluation. >> we will get more information on that this week june retail sales second quarter arranges. sandra: energy huge part all morning i've been watching oil prices, such a big story playing out with china, right now. it is going to have a huge impact on currencies commodity. >> thanks very much for joining the conversation have to morning we'll be right back with more "mornings with