my dad loved to set up the story, you know -- hey, this day in the car, this is chicago john, you knowile he'd leave the car running. you know, he gets out and chicago john's in a white van. >> right. >> 5'4", balding with a red leather jacket on a cold southwest houston day, and he goes to the back of the van and there's hair dryers and washing machines and a glove box,nd i'm just watching. and whatever was in that glove box that my dad paid for made my dad's shoulders go like this, and they walked away without a handshake or anything. it was like just a deal we made. and my dad getting in the car, handing me this wadded-up roll of paper towels with something in it and saying "put it in the glovebox, buddy, make sure it doesn't get away." and i'm like, what is it? this is great! what is it? then driving down the road for ten minutes and him going, "check the glove box, see if it's still in." i pull it out, and it's a big silver watch. >> right. >> and my dad's like, yeah, buddy, that's a $22,000 rolex, titanium, and i just bought it for $3,000. i was wowed! i was so happy to be along

for that we go to chicago, john najarian from chicago. double dose, too, doc, what have you got? jim's favorite ceos. they came in and bought the may 90 calls and sold the 75 puts to pay for it, did that almost 10,000 times, almost a million share equivalent. that's a pretty big, bullish trade, obviously just out there in may. pretty quick time they're expecting it to happen in. also, apple, aapl, big trades. two really huge ones. 30,000 contracts, two blocks basic average price $3.20. that's 19 million in premium, judge. they're buying at the 145 strike out in june. they're betting over the next hundred days that this thing explodes higher. who knows whether it's dividend increase or they do have a march event they haven't announced yet that everybody is speculating on. nonetheless, big trades. both those two stocks today. >> you're in both? >> i'm in both. i'll probably be in the sales force trade two weeks to a month. apple trade will be a longer, at least a month, i would say. >> jimmy, your thoughts on sales force, which you probably know better than anybody? >> alphabet, go

university of chicago, former governor at the fed, now with the university of chicago. and john foust, a number of years at the fed, now at john hopkins but on leave back to the fed. you just can't quit the fed. so we're now in the third longest economic expansion that we've had. one of the questions is will policy change which has been discussed both in monetary and fiscal policy extend that expansion or not. in light of the discussion about the mortgage backed component of the fed's balance sheet, i've been looking -- we at fannie mae look at the ten-year treasury all the time. that actually started to rise back in july with the ecb holding steady post brexit in the second half of july and then with the d.o.j. saying that it was going to reassess negative rates at the end of july. the ten-year started a gradual rise at that point and of course it accelerated with the presidential election and it peaked at about 2.6. i think right now it's about 2.48 or something like that. so the fed hiked in december and it looks like now the market is prepped for a rise in march. we'll find

john spoke at the national association. this is about we will talk about that. i think all of you know these people. the university of chicago former governor here at the booth john. and now at you just cannot quit that fed. now in the third longest economic expansion we ife had and a question is policy will be discussed. in light of the discussions with the mortgage-backed component of the fed and the balance sheet, we have looked at the treasury. this started to rise in july holding of the ecb and the bank of japan saying they would assess the negative rates and started we will find out about this before too long. addresst each of you to monetary policy and what to and how far will they go or should they go? what is your view of to the present? maybe we will just go across here? >> i am delighted to be back here. i was on this board and i can see the conference has grown stronger and i am delighted to see that. grownnomy, i wish it had stronger, but i think there has been a consistent, if not exciting recovery. of the demographic reasons, it will be hard to get the labor hours and productivity has been slow. that is why we

you know both of these books, and former with the chicago fed, and now with the school in chicago and now at johns hopkins, and after leaving time with the feds. and so, we are now in the third longest economic expansion that we have had. one of the questions is, will policy change of what is being discussed with the monetary fiscal policy to extend that expansion or not. in light of the discussion about the looking at the -- we at fannie mae look at the 10-year treasury all of the time. and that started to rise back in july with the ecb holding steady, and post brexit in the end of july with the d.o.j. saying they would reassessment the negative rates in july, and then we started a gradual rise at that point, and accelerated with the presidential election, and peaked at 2.6, and right now sh now, it is about 2.418 or something like that. the fed hikes in december, and it looks like now the market is prepped for a rise in march. we will find out about that before too long. so i guess, let's start and let me introduce you the address first of all, what is your view of the current monetary policy, a

here to share his story is the senior pastor of harvest chicago west, john kelly.e community. as a pastor in some of the most dangerous neighborhoods of chicago, what are you doing right now to try to address this problem? . clayton: you know, first, thanks so much for having me on this morning. >> absolutely. >> one of the things i'm try to do personally and you will say a aour church is being intentional about being on the ground with the people. you know, you can provide resources in the community which we desperately need, but, you know, you have a lot of fathe fatherless homes, you have a lot of young men who have no guidance, so even right now our church currently meets at michelle clark high school in austin. we went to reach the young men and women there. we also partner with the police department, the 15th district in our community, and they also give us the worst street corners in our neighborhood. and in the summertime we take those corners over with other churches, we go out there and pray, we talk to the young lady, we connect with people in the commun

chicago fed president charles evans, boston fed president, eric rosengren, and san francisco fed president johnll be in front of the microphone later on today. in an interview yesterday, steve liesman asked the fed vice chairman stanley fischer if the average fomc member forecast for two additional rate hikes this year is just about right or if the market sloos ps should prep something else. this is what fischer had to say. >> that seems about right. that's my forecast as well. but, yes, you have to be certain -- you know for sure that you don't get everything right, particularly about the future. you need to think about what happens if the economy is growing more slowly or the economy is growing faster. >>> fisher says the fed's current outlook has not changed much from its march meeting. he also adds that the central bank is closely watching policies coming out of the trump administration. we have the 53% predictions for a rate hike in june. >> and i think, again that focus yesterday on all parts of fed speak allowing yields to pick up a bit again offsetting the political rhetoric over the la

chicago police department. and a professor at st. john's -- at john hopkins, excuse me.n to the debate and discussion that is going on. gary, let me start with you. do you think these policies are going to make the job of police officers across the country easier? >> absolutely. unfortunately, there was a lot of political knee-jerk reaction that happened in the last administration at much of it really to the detriment of law enforcement. i can tell you this, just like chuck said, those bearcats, we use them and chicago. two years ago, when we had an active shooter situation, i had a captain who was shot in the head and the shoulder. fortunately, he survived. i also had a detective who was shot in the leg. an active scene with a hot zone. we used those armored vehicles to remove people from inside the hot zone. having said that, we all looked at what happened in ferguson and certainly, i was a very vocal critic of the way it was handled. you don't put s.w.a.t. officers on the front line at a protest. you don't put an officer on top of a bearcat, pointing a rifle into a cr

john bennett's staff. it was in part to build connections between lawmakers and muslims. >>> the "chicago tribune" said there were no homicides in the city for six days last week. that hasn't happened since 201. so far this year there have been 103 killings. >>> "the wall street journal" expects news this week from the space company owned by amazon's chief jeff bezos. blue yore gins will reveal specific customers. they'll unveil using reusable rockets to put tourists into orbit. >>> the "washington post" says pollution kills about 1.7 million children every year. vooernltal hazards like contaminated water and dirty air are blamed for one-fourth of the deaths. the u.n. says most of the texts are avoiceable. >>> the dee mo"the des moines r said a party bus exploded in flames. no one was hurt. another bus was sent for a trip to their reception. >>> still ahead, birthday surprise. a chicago girl celebrates her birthday by helping out the needy. ...and high levels of humiliation in her daughter. in just 7 days, your joint comfort can be your kid's discomfort. osteo bi-flex. made to move. how to brush his teeth. (

chicago. a number of years at the, now at johns hopkins but only to give that. so, we are now in the third longest economic expansion that we've had. one of the questions is will policy change being discussed both in monetary fiscal policy extend that expansion or not? in light of the discussion about the mortgage-backed component of the fed, and we at fannie mae looking at the 10 year treasury out of time. that started to arrive back in july with the ecb holding steady post brexit and the doj would start at the end of july and a gradual rise up at that point and accelerated with the presidential election in 2.6 i think 2.48 or something like that. so the fed hiked in december and it looks like the market is proud for the rise in march. we'll find out about that before too long. each of you to address what is your view of current monetary policy and how is the fed doing and why should we expect going forward than me see, how far will they go or should they go? what is your view up to the president and what we should think about going forward. maybe we will just

chicago. a number of years at the fed now at johns hopkins, but now back to the fed. just can't quit the fed. woour now in the third largest economic expansion we've had. one of the questions is will policy changes being discussed both in monetary and physical policy extend that or not? in light of the discussion about the balance sheet, we look at the treasury all the time. that started to rise back in july with the ecb holding steady post brexit in the second half of july and then the boj saying it was going to reassess negative rates at the end of july, the ten year started a gradual rise and of course, it accelerated with the presidential election. right now, about.8 or something like that. so the fed hikes in december. it looks like they are prepped for a rise in march and so i guess let's start if each of you to address what's your view of current monetary policy. how is the fed doing up to this point and then what should we expect going forward from here. how fast will they go? how far will they go, should they go, what's your view on up to the present and then

somebody called john fogerty, making an appearance in chicago. the tradition dating back to 962. green vegetable dye. thousands come out to see it and then line the streets for the biggest st. patrick's day parade. "watters world" starts now. and i will be off next weekend

somebody called john fogerty, making an appearance in chicago. the tradition dating back to 962.o see it and then line the streets for the biggest st. patrick's day parade. "watters world" starts now. and i will be off next weekend enjoying all that snow skiing in vermont. see you in a couple weeks. jesse: "watters world" is on. >> treason in the air. >> we are dealing with seditious people. >> we are in a civil war situation. jesse: america under siege as leakers and fake news media try to destroy president trump. >> and up. resist. run for office. be a champion. >> no one values the freedoms of america more than me. reporter jesse: first ladies face off on women's day. trump says america first.

john coyne. let's remember what the 1960's were like. riots and walks, the chicago democratic convention, the accompanying riots, riots at berkeley, the people's park at san francisco and riots at san francisco state, riots at columbia, riots over school busing in boston. still one of the absolutely worst ideas in the history of american education. the assassination of martin luther king jr. and robert kennedy, the war in vietnam and its escalation, a gift from the two preceding democratic presidents and their liberal think tank advisers, the smartest of the smart, the best of the best, give us this and more in vietnam. on the streets and in the living room, this revolutionary turmoil felt like flesh and blood. the country was running out of control and in this situation the american will hire richard nixon to make peace. and that is what he did. that is from john coyne. again, that was richard nixon, the peacemaker, making peace at home. let's think. there was not one term where he had control of both houses of congress. otherwise the accomplishments would've been

chicago at the kennedy center. your final chance to win, still ahead. georgetown men's basketball coach is out! consecutive losing seasons, public cries for his dismissal, multiple player transfers and early departures, john thompson the third was fired yesterday after 13 seasons -- at the school that his father led to a national championship. under j-t-3, the hoyas made eight ncaa tournament appearances. but georgetown did not make the tournament in three of the past four seasons. possible candidates to take over the program include patrick ewing. the hoya legend is currently an assistant coach with the nba's charlotte hornets and could be the favorite if he is interested. another name that has emerged is tommy amaker.. the northern virginia native. has turned harvard into an ivy league power, reaching four ncaa tournaments in nine years. we're still giving away mugs here on good morning washington! all you have to do is take a picture with your coffee mug -- then tweet it using hashtag gmw mug', post it on our facebook at wjla-tv, or upload it to "burst-dot-com slash wjla." then we will select "burst-dot-com slash wjla." then we will select a winner and send that person an orange g-m-w mug. and today -

john. the east getting ready for the heavy snow to fall in chicago and the whole country bracing for a weekmares. hundreds of flights canceled already and we're live in a matter of minutes now. >> i read the up in story behind green mountain coffee and fair trade? let's take a flight to colombia. this is boris calvo. boris grows mind-blowing coffee. and because we pay him a fair price, he improves his farm and invest in his community to make even better coffee. all for a smoother tasting cup. green mountain coffee. >> shannon: talk about being in the wrong place at the wrong time. check out the video from australia's gold coast. a dolphin leaps out of the water taking out a surfer. check it out, boom. the dolphin twisted midair at the last second to avoid collision. fortunately the surfer was not hurt. he has an awesome story to tell. the fact someone caught that video. >> bill: it would just be a fish story but now there's video, wow. >> shannon: i like it. >> bill: you can't believe what happened to me. >> shannon: i like he says he dolphin twisted midair to avoid him. >> bill: without th

wizards star john wall admitted after the game that morris did appear to step out, but nonetheless, the wizards won 125-124 in ot. >> on fire. >>> when the chicagoto turn that color, that color right there, you know it is time to start celebrating st. patrick's day. yesterday, boats dumped an orange colored ecofriendly vegetable dye into the river. and then it quickly did this, turned the water bright emerald green. the color lasted for five hours. the 55 year tradition was born after a plu dye used to detect leaks turned his white cover alls green. >> nice. >> yeah. >> looks nice. >>> start making plans now for the first big winter storm of the year. tom is going to let us know what to expect and when and how soon we'll get back to spring. >>> making a difference, and sharing her miracle. the creative way a little girl is using her bright idea to help others in need. >>> good morning. wintry cold on this sunday morning. live here from our storm team 4 camera look east. clouds drifting off to our east. a lot of sunshine moving in today but dressed for a colt winder morning. in the 20s now. warm coat, warm hat and gloves and later today, sunglass

john wall admitted after the game that he did appear to step out. wizards went on to win in overtime. >> on fire. good for them. >>> when the chicago starts to turn this color, green, it is time to start celebrating st. patrick's day. yesterday, take a look at this, boats dumped in orange colored ecofriendly vegetable dye into the river. it turned the water to bright emerald green. looks like a green -- >> orange? >>a >> don't ask me about the science. the color lasted for about five hours, the 55-year tradition was born after a plumber noticed that a dye used to detect leaks turned his white cover alls green. i'm sure there is a science project in there somebody. >> somebody explain to me how orange turns to green. >> must be something in the water. >>> let's look outside our neck of the woods now. capital wheel. no green water there. >> used to be white. >> yes. won't be long before we see some snow on the front lawn. tom is closely updating his forecast of when to plan for a big storm this week. she risked her life for others and led hundreds to freedom. we take you inside the new tribute to honor the life of harriet tubman. sta

chicago, illinois. she worked as a baby nurse until she was 96 years old. mr. john lingo. celebrating 100 year.doctor during world war ii. we salute your service. happy 104th birthday to helen semple. a world traveler. taught phys-ed for 40 years. merrill quivey. the secret to his longevity, a cup of hot cocoa every day. gertrude fro wisconsin. a teach f cooking for her kids today.com/celebrates o house. >> did you learnt the wife? >> i'm out the back window. m friday. s saturday. and sunday, upper 30s, but for nutes ago on the 25 we were dealing with a crash suspend nofroncomplex at 5th anl in camden, so you don't have to worry about the suspension anymore there. and you can see the westbound side here moving towards the schuylkill low, and these are the cameras around 8th street, and no problems there >>> police are looking for the driver who slammed his car into this home. police say that he ran off. four other people, passengers in the car stayed at the scene. one woman was hurt when her head hit the windshield. a couple inside of the home. the couple that lives there, they were not hurt. >

. >> with us for the hour, john and pete are here, carrie firestone is here and courtney gibson is the president of luke capital and with us today, as well, from chicago. doc, you just e-mailed me something. tell the viewers what you just told me. >> sure. obviously, i'm just like josh, i'm not going to rip on ackman. i feel bad for him and bad for the investors. when you define your bet as much as leslie described as ackman does routinely, you need to have some sort of floor under that bet. a lot of people do it exactly with the products behind me. with an option and an insurance policy. if you don't do that and you ahave a really concentrated bet, obviously, you can make a lot, but you can lose a lot really fast. look at our friend carl icahn. carl basically buys upside calls and he did this in urbal life judge, as you recall. he brought upside calls and that's exactly the opposite of what i'm talking about, of course, because that's really ramping up the amount of risk you want to take, rather than cutting it. so, carl does that because he's somebody very smart, but also he's willing to accept the consequences of being wrong and seeing that trade g

chicago fed president charles evans, boston fed president eric rosengren and john williams will all bey. in an interview on cnbc yesterday steve liesman asked if the predicted 2% hikes this year is about right or if the market should prepare for something else. >> that seems to me about right, that is to say, as well. but yes you have to be -- you know for sure that you don't get everything right, particularly about the future. and you need to think about what happens if the economy is growing more slowly, the economy is growing faster. >> fischer said the fed's current outlook has not changed very much from the march meeting. >>> over the course of march we've seen a lot of favorable stock sectors and industry groups show signs of weakness, and one of them is potentially could be trump rally related. by the dip shopping list. dom? >> andrew a lot of the sectors, the transportation stocks and infrastructure plays have taken a big beating as we've seen markets take a little bit of a rollover. but, are there people stepping up to buy some of these beaten down sectors? you can see here wi

chicago which was the issued their report. they were able to really quantify a lot of the benefits and put them into dollars, and nothing happened. for whatever reason, johndaly and is very powerful kind of pr machine and government just did not go anywhere with it. but they just kept on working, and i was amazed to find this out very late in the game that part of what was into in this was literally counting the leaves on a lot of trees. so let's see, they were doing all standard street tree data for 16 american reference cities, and he had a scientific partner, ecologist paula when she was a key and answering the significant question which was the leaf area index on urban trees. so over two years she and various helpers stripped the leaves off the canopies of almost 100 mature specimens of 14 common species of urban trees, one of which is the often maligned bradford pear. so this is the answer. there were almost 90,000 trees. so pepper said to be the first couple of years i have permanently sore thumbs. i really hate cherry trees. they did not want to get rid of their leaves. an oak trees, it is phenomenal the number of leaves an oak tree house. but they

chicago, il she was 96 years old. >> wow! >> savannah could use her. mr. john alabama. served as a medical doctor in world war ii. we salute your service. >>> happy 104th birthday to helen stemple. and marv quivey 1 his years old. he says the secret to his longevity, a cup of hot coke coevery day. gertrude pettit from wisconsin, a teacher for 32 years. 10 years old. and jeanne sampson, 100 years old, enjoys baking for her five grand kids and seven great grandkids. send some this way. if you know someone celebrating a milestone birthday or anniversary, tell us about them. >>> is carson reallyha >> he is. >> if you string enough of these together, you can escape out of your own house. >> he lives on the first floor. >> when the wife starts to kill you like she was doing earlier. >> international women's day. >> we have "today's take" next after your local news. >>> 8:56 is your time now on this thursday, march 9th, 2017. good morning to you, i'm eun yang. we want to check in with a look at your commute. >> a couple of problems on the beltway. outer loop before ge

chicago, western suburbs. >> oh, rossi's old seat. >> absolutely. >> good for you, that's the place you 35 with all the nice polish churches on the way from the game. >>> here was senator john mccain today. >> can you explain any reason why chairman nunes would have done what he did yesterday? >> no, i have not seen anything like that and i'm happy to say that in the senate intelligence committee, there is a good working relationship between senator byrd and senator warner, no, i have not seen anything like it and it's very disturbing. >> it looks to me like what happened yesterday is that mr. nunes had been serving well in a non-partisan capacity. and that the white house didn't like that. and they put some heat in his saddle. lfrls he go all of a sudden he goes down to -- it is not challenged, certainly it doesn't support the president's claims he was wiretapped by a sick president obama. none of that is confirmed by this thing he claims he has. but he looks like he is pretty much working for the president right now. >> i think that's absolutely right and peopleorget that en nunes talks about the wiretapping of the tmp transition team the person ahead of the national tran

john and his family, from emerson, new jersey tell me they were making the 120-mile trip from south bend to the airport in chicagoeekend at university of notre dame, where his daughter riana has been accepted. they were about 40 miles into the trip when the large tom turkey suddenly flew up in front of them. capt. michael kellems/ laporte co sheriff's office: "hats off to mr. tarabocchia. he was able to keep that car under control and get it pulled off the side of the road without contacting any other cars."john tarabocchia/ driver:"if i had tried to veer it right or left, he would have lost control of the vehicle."back home after a very long day, john and his family are tired, a bit shaken, but are most thankful everyone is safe and sound.tim fleischer/ reporting:"you think it might be the luck of the irish?"john tarabocchia/ driver"definitely the luck of the irish, and somebody up there looking down on us." ( steve ) the turkey was killed on impact. family members suffered some small cuts. what a beautiful wednesday! our chief meteorologist brittney shipp joins us now... cooler and breezy conditions return to t

chicago cubs. >>> wizards faced the hawks. behind big time early. they got it done not from the three-point line. 11 for 34 but they capitalized on sloppy mistakes. came back final score 104-100. johnin the second half. bradley beal with 28. wizards two and a half games behind boston for the number two seed in the east. next up though pretty good matchup tomorrow night. they'll host brooklyn, the worst record in the nba. >>> russell westbrook is good. doesn't need kevin durant. since kevin durant left it's been all westbrook in oklahoma city. became the first player to score a triple-double while going perfect. thirty-fifth triple-double of the season j oscar robinson's single season record with 11 games to go and thunder dominated the sixers 122-97. >> and that's your sports headlines. >> yeah. >> you know, the max scherzer physically what sets him apart from most people? >> uh-uh. >> two different color eyes. >> really? >> yeah. >> you actually did know that. that was a tony and tucker question. >> a way back. it's a throwback thursday. >> now i'm a little concerned about it. >> we asked him that question. >> perhaps i was absent that day. >> from weather class. >> why don't we c

chicago. >> oh, sweet. >> on the same page. >> he remembered. >> yes. >> next. >> next one is to john.>> i have way to many. >> i have say yes to everything. >> i have way too many. >> time doesn't allow for all those. >> what was your first fight about? >> me being a jerk. >> no marriage or kids. >> me being a jerk. >> about that bet -- >> a jerk. so, for more with nikki, head to facebook.com/todayhealth. you can watch us doing our thing at wwe, this sunday, 7:00 on the wwe network. and the mid season "total divas" 9:00 p.m. on e! >>> coming up next, one-on-one with selena gomez. the pop superstar talks about what is up in the spotlight and what she wants every young girl what she wants every young girl to know, right after everyday life brings challenges; big and small. but when i feel my best, i am my best. and it all starts with a healthy routine. that's why i'm taking the activia probiotic two week challenge and enjoying activia yogurt twice a day. activia with billions of its exclusive probiotic helps take care of what's inside so you can focus on being your best no matter what y

chicago, illinois. she worked as a baby nurse until she was 96 years old. mr. john lingo. celebrating 100 year.or during world war ii. we salute your service. happy 104th birthday to helen semple. a world traveler. taught phys-ed for 40 years. merrill quivey. the secret to his longevity, a cup of hot cocoa every day. gertrude pett is a competitive bridge player from wisconsin. a teacher for over 30 years. full contact bridge. and a happy 100th birthday to jeanne sampson from brooklyn, new york. loves cooking for her kids and grandkids. if you know somebody celebrating a milestone birthday, go to today.com/celebrates. >> is carson really that helpful in the kitchenen? >> i am. if you spring enough dish rags together, you can escape out of your own house. >> did you learn that in the slammer? >> your kitchen's on the first floor. >> when the wife starts to kill you, like she was doing earlier. >> the wife? >> i'm out the back window. i'm ... fter international ==too==bart lears are set toeet moments ..oonsider way >>> a good thursday morning at 8:56. i'm sam brock. some difficult questions for b.

chicago. >> he remembered! >> next, guilty pleasure? >> doughnuts. >> oh, we spelled it different but good job! >> nicole, what is john'slar but he says yes to everything. >> time doesn't allow for all this. >> what was your first fight about? >> me being a jerk. >> no marriage or kids. >> like i said, me being a jerk. >> so about that bed. >> a jerk. go for more with nikki a.k.a. nicole at her facebook.com/todayhealth and catch us on wrestlemania 3 this sunday on the wwe network and the mid-season of "total devies" premiers april 7 on e. >> i could watch you guys all day. >> up next, one on one with selena gomez opens up life as a spotlight and what she wants every young girl to know right after this. know, right after big and small. but when i feel my best, i am my best. and it all starts with a healthy routine. that's why i'm taking the activia probiotic two week challenge and enjoying activia yogurt twice a day. activia with billions of its exclusive probiotic helps take care of what's inside so you can focus on being your best no matter what you do. take the activia probiotic two week challenge with me. it works or

john manly who is feeling better. cnbc contribute or from securits is at post nine, and, holk le list from btig is at the cme in chicago for us today. welcome to all of you. gordon, a lot of people have been calling for a 5-10% correction. we need. that we have not had one in a while. here we go again. we've had one, 1% move in the dow on a closing basis this year. that's it. that was last week. now we get this selloff this morning, and the -- buying comes back, what's going on here? >> bill, look. the thing we saw there was a lot of motion coming out of friday's nonaction on health care. the futures were pointed to a down opening, and the vix was elevated. what we're seeing is guys selling the vix, and they are going to continue to sell the vix as long as we're in the environment. when i say that, you know, the foed is faking money easy, unless they decide to tightsen, as long as there's easy money and people are willing to do buybacks and invest and people are confident in the way the economy's going, they're going to buy the dip. we're not going to see a selloff or get traction. >> that's true. buybacks continue the

john williams, san francisco fed president, said he does not rule out more than three hikes in 2017 or two more. charlie evans, the chicagomean more rate hikes, but stan fisher, maybe he is ruling the day here. i interviewed with him yesterday and he said two rate hikes seem about one. one fed governor versus three fed presidents. i think people are siding with the fed governor, kelly. >> thank you, steven. as i mentioned as well, mike, when he says he has seen commercial real estate values quite rich and morgan stanley is saying buy housing, not commercial real estate? >> in the past he has pointed to commercial real estate. he is wary of the system heating up a little too much and then you have to close it down a lot more. so i do think that's one of those reminders that that's another part of the fed's kind of purview, that they want to make sure that financial speculation doesn't get out of hand. i don't think that's a dominant mode of the committee right now. >> i want to call your attention to shares of lululemon which are sinking on its earnings report. we will have full details on that in a moment. first it was do

john beilein says some of the players have minor cuts and bruises. >> that game tomorrow has a lot of meaning, but certainly our kids will look at it much differently. >> reporter: next door in chicago55-mile-per-hour winds broke a building window, showering the street below in glass and smashing this car windshield. >>> strong gusts made driving a truck nearly impossible. west of indianapolis this armored brinks truck flipped over, killing the driver. in toledo, ohio, a tractor-trailer tipped on its side skipping along an interstate bridge. another careened off a highway in wisconsin. >> you've got to slow down so that way you don't put yourself in a bad situation. the worst thing that can happen is your truck gets blown over. >> reporter: crews will be working 16 hours a day to restore power. as for you march madness fans, university of michigan's basketball team, they're heading to washington this morning for the big 10 tournament. i'm told they will be landing just in time for noon tip-off. >> wow. we're glad they're all okay. michelle miller in detroit, thanks. >>> bad weather in north dakota left amtrak passengers way behind schedule. the empire builder train from seattle to c

chicago. >> uh-oh. you're the man. you're the oldest one though. >> i am the oldest one. >> is this what you're going to do? you're better looking than johnyour dad we said hi. >> or not. you can keep coming. we didn't really miss him today. >> well, i appreciate you having me. i'm looking forward to coming back. >> andy, thank you, and tell john we said hello. tell your father we said hello. >> i meant brothers and sisters. i didn't mean just brothers. god, after yesterday -- >> you did a great job. >> well done, andy. thank you. >>, no, he did do a good job. some new blood. >> oh, my gosh. what am i dealing with, with these people. >> exactly. geez, dad. despite republican calls to adjust mandatory programs like social security, president trump has held his campaign promise, leave retirement plans untouched. joining us now is james lockhart, vice chairman for wl ross and company. he's also a former principal deputy commissioner of the social security administration. president trump is unlike conservatives and republicans in a lot of different ways. this is a very notable way. i don't know whether it helps to try to talk him into it. the

chicago fed president, charles evans, st. louis fed president, james bullard, and new york fed president, bill dudley. for more on the markets, let's bring in chris cordero and johntolfus. interesting market reaction yesterday, guys, late in the session when we got news that the vote would be delayed. we saw the downturn in the market. here today we have the vote. what are you expecting in terms of market reaction? >> if the vote comes out positive, we get a yes vote, i think the market will likely rally tomorrow. >> that would be weird. if we get a no vote -- if it rallies on saturday -- >> on monday. it's been a long series of 15-hour days, joe. we are in a bull market. we have to think that what will likely happen is the market will respond positively if we move ahead. >> it's nice that you weren't sure tomorrow is a weekend to your clients. that means you're so focussed on working. >> none of us would say that. >> i know tomorrow is saturday. i heard that immediately, i know today is friday. >> at 9:00 a.m. it's saturday. >> i'm so aware tomorrow is saturday. >> tomorrow is barron's and a bagel and coffee. >> no, it's not. it's not barron's. may be a bagel an