michael o'rourke: that is it.f you look at standard and poor, what they put up, earnings 6.5% are down year-over-year. if you analyze that, pay is coming at $96. expectations are $115. the next three quarters will have to average record quarterly earnings to hit that number. i am seeing a market that is 20 times earnings. that is a risk. that is a risk the fed sees. they talk a lot about financial stability this week. they highlighted how despite the weakness in the equity markets, they rallied primarily based on a re-risking due to said dovishness -- fed dovishness. mark: are we heading down or will he consolidate? michael o'rourke: i think the fundamental backdrop race the bear market more likely. the market does hold in. it has been very resilient for the past 18 months. we have been in consolidation. will we get back up to that 2135 level or will we correct lower? the earnings data and the fed tightening, those are major tailwinds that drove the bull market for six or seven years. they are reversing. the fed t

vonnie: michael o'rourke. thanks. up, we are going to look at the market movers in the early u.s. session including energy stocks joining the postelection gain. ♪ mark: live from london and new york, i mark barton. vonnie: i'm vonnie quinn. it's time for your latest bloomberg is the splash, look at some of the biggest business stories. global regulators say u.s. angst present a bigger risk to the financial system than it did last year. citigroup, bank of america and wells fargo all face higher capital surcharges to ward off stress. most systemically important banks. people familiar with the matter told bloomberg apple has disbanded the division that develops wireless routers. the company had not updated its routers since 2013. bloomberg business flash. let's get the julie hyman looking atal c sermodity related movers. julie: we were talking about gold and oil, copper rising in today's session. oil in particular on new hopes for an opec agreement on production. wanted to look at individual movers going up on oil. chevron, exxon mobil, some of the big shares. if you look on to some

. -- michael o'rourke joins us. michael: going forward, they are converged on 2% now, something relatively new. basically, the fed wants to see the gdp continue to grow in this country, but i think they are hesitant to actually post a gdp forecast a low 2%. it will show that the monetary policy for the past seven or eight years has not worked. so we see these estimates converge on 2% on the longer run , and the only time we will see the fed predict gdp lower than that number is when they are already tracking there. to thing is, it is important recognize because when we look at these fed forecast, and they are not really real forecasts. they are biased to the upside. vonnie: do you think certain members might see lower michael: thehat? language they use when discussing forecast and willies, they believe it change policy to get us back to 2%. same thing with the inflation rate. it will say the longer run forecast is this level because we believe we can manipulate policy to get us there. but the problem is all the forec

scarlet: michael o'rourke sticking with us. alix: don't miss a rare conversation between the fed chairs. past and present. bernanke, alanen greenspan, and vulgar. analysts estimate a big declining quarter earnings. on top of that, investors have been fleeing u.s. mutual funds and allocating overseas. for a closer look at these danny berger joins us now. you have been looking into this data. tell us more about what we are seeing. danny: if you look at it as a prettyat first, it looks positive. however, when you break it out between domestic inflows and world inflows, there is a big difference. this past february, we side massive amount of outflows from u.s. mutual funds and it's interesting because you have these two rallies we are going through. typically, these retail investors, they will be prompted by these past market actions and we haverough these, massive outflows in february. it was about $3.3 billion this past month. scarlet: one thing we've noticed with this bull market rally is that retail investors are not really par

the s&p 500 is down about 1% and phone isith us on the michael o'rourke, at a jones trading.today? it was bad in asia overnight. it was pretty bad in europe but it does not look as bad in the u.s. right, i was putting we would close down with the lows in the future and have a capitulation move lower after the opening and that's what this market needed. we keep getting these 1% rallies. it has prevented the washout that this market needs. is what you want to see but what's the level we need to hit to have a constructive balance? right now, it's still relatively calm and people are looking to see how the market the first one .5 hours, i would like to see a lot of selling and the s&p 500 get -- down toto keep in 1820. . there was a support level in april so after the move we have had lower year today date, if we can watch out to that level good short-term buying for the market. matt: how much does oil matter? do we need to it see a bottom? >> that's a great question. my note last night talked about these correlations on the intraday charts and whether it's oil or the s&p futures

michael baldwin. our own megan o'rourke joins us live with more... and megan, officials say this isn't that uncommon right? the thing is, county leaders tell already being trucked in cincinnati--and ends up one of two places, either at the little miami plant or here at the mill creek incinerator. but, as it stands now...unless a new plan is approved in the next 3 weeks...this will be the only spot. for decades, officials say trucks have been hauling human waste on our local roads...along side other drivers. 6 "well as long as they don't crash into me i think it's alright, it's a poop truck..but what else are they going to do? how else are they going to transport it?" hamilton county commissioner chris monzel says while no one likes the idea, it is a safe practice...that's working. 4 - :07 "these trucks are covered up, they are definitely protected. some are encased, but some are open and just have a cover on them." but, what could be changing now in cincinnati, is where that waste ends up. last year the epa deemed the little miami incinerator in the

o'rourke. it's a story our own michael baldwin has been following all day. he joins us in studio with more. the hamilton police department gave us these police reports. in it there are 4 victims, some attacked in or near the cemetary like the half naked woman found thursday afternoon. police are investigating if the attacks are connected. we spoke exclusively to one of the victims in these reports. my life flashed in front of me and i didn;t think i would get let go cause i saw his face and i was in a cemetary so i was looking at my own death we are not going to reveal this woman's identty. we will call her ellen. se had a similar experince to the recent rape attack in hamilton. yesterday, a half naked women escaped her attacker at the greenwood cemetary. that's the same place where ellen was attacked. she told me she was hitching looking for her boyfriend on christmas eve when a man came and picked her up. he brought her to the greenwood cemetary where her nightmare began. next thing you know he pulls a knife out and tells me your going to do what i want you to di and not get out of the cu

o'rourke... in for tricia macke tonight. fox 19 now's michael baldwin is live in newport where he spoke to the victims mother. megan we are here of the court house where the suspect will be sentenced. but the victims mother was to make her own plea to other parents to think twice about who you let watch your kids. this adorable little girl is sophie. she's not even two--yet she's been through more than most kids should have too. she is a victim of abuse. this is also a picture of sophie after she was taken to the hospital in november of 2014. the little one had an injury to her ear. prosecutors believe the babysitter desiree rankin had with it as she is set to be sentenced in campell county this tuesday. such a horrible time in my life and my familes life found rankin through one of her friends. she babysat sophie and another child for a few months then got the call that her daugher's eye was twiching. thinking it was siezures she says doctors began to suspect abuse. aftermath of the childs ear. it was red, there was a almost like a circle evenu

michael forks ahead. >> caller: yes. hello, i want to say, thank you very much, mr. o'rourke. satire and comedy are it when it comes to communicating something. and by that i mean to the populous at large. both the center of disease control, this past week, and the health in and human services said we're all crazy in a lawsuit in compton, california, that has been won, based on something they called complex traumatic justice, ptsd in our schools, and it's basically behaviorally transmitted bad behavior that whole communities and schools can suffer and that clear live if it's not caricatured and put into comedy no one will want to hear. so i want to thank you ahead of time because i can't help but think going to be a big poppic. i'm done. >> guest: i'll get right on that one. >> caller: there you go. >> host: michael, thank you. go ahead. >>> i was going to say. my have life explained. the national institutes of health came out in the past week with all these facts and figures about how it is actually healthier to be fat, and all sorts of diseases you have a higher survival rat

annette >> michael opperman >> christopher g. > --ginia ann >> kevin o'rourke >> peter keith james murray>> emilio pete ortiz >> pablo ortiz >> and my uncle, robert thomas. you are missed more than words can describe. give everyone in heaven a hug for us and keep an eye on us down here. though you are not with me, i know you will be by my side every day of my life. >> and my cousin terrance. 15 years ago,aby but you have always been a part of my life. you are loved every single day. and my cousin, peter, you are a hero to our family and to new york city. [applause] ortiz, jr. >> sonja ortiz patrick o'shea >> robert william o shea strauski. oh straus >> jason douglas oswald >> michael john -- michael -- >>. joseph lida wen, jr. j. o >> israel, jr. >> michael benjamin becker potteadro >> jeffrey matthews palazzo >> thomas palazzo >> richard -- >> joseph palmer >> frank anthony palumbo >> allen -- >> christopher matthew -- >> dominique lisa -- >> jonas martin panic pansinni >> edward joseph papa >> salva tore -- -- ames nicolas >> marie -- >> and my brother-in-law, steve. it steve, 15 years

o'rourke. less than an hour ago... detectives interviewed a person of interest in the case... let's get right to fox19 now's michael baldwin who joins us live from dayton. switching gears now to weather... it's a frigid night... and we might have a dicey sunday and monday ahead of us right jeff? jeff flurries and snow leading edge of colder air moving into the tri-state. expect to wake up on saturday with temps in the low double-digits, and wind chills making it feel as cold as - 11. saturday afternoon will offer little in the way of warmth with highs only in the mid teens. again, wind chills will make it feel like 0 or colder. sunday looks like another cold day with highs sin the mid 20s. we are keeping a close eye on the late sunday/monday timeframe. right now model guidance is showing a couple of different solutions. we could see snow as early as sunday afternoon, with as little as an inch or two or possibly much more , as this whole thing could continue into monday. depending on the track, snow showers on monday may then mix with rain cutting down accumulations or even bring us some ice. it is just too early to

fox19 now's megan o'rourke is live at u-c medical center with the update. the victim you just mentioned, 65 year-old michael puckett, is still here at u-c medical center. hospital staff could only tell me that puckett was in fair condition tonight...likely thanks to the quick actions of strangers. even before deputies arrived at the accident scene...they knew it was bad. :07-:20 "boone county 911? uh, yes...i'm on 237. there was a car apparently going on the opposite side of traffic" cruiser cameras captured the flames shooting from 65 year-old michael puckett's truck, moments after investigators say he was hit head on by a wrong way driver. 1:20:40- :53 "the entire hood was on fire. it only took....i called at 5:18 right after it happened. right after it came to a stop" witnesses like eric wiessmann flooded 9-1-1 for help, not knowing puckett was still trapped in his burning vehicle... 1:21:36-:44 "he basically called over and said can you help me get out of here. i said yeah and put my phone down and jumped up there" wiessmann climbed into the bed of puckett's truck and pulled him through the broken back

chairman michael mccaul also, and mr. hurd and mr. o'rourke, and also on the senate side, senator cornyn and senator klobuchar to make sure we did it and doing it in a bipartisan way. again i yield back the balance of my time and i ask we pass this bill. the speaker pro tempore: the gentleman yields back. the chafment massachusetts reserves. -- the gentleman from massachusetts reserves. the gentleman from louisiana. mr. boustany: i'm pleased to yield three minutes to the gentleman from nevada, mr. amodei. the speaker pro tempore: the gentleman from nevada is recognized for three minutes. mr. amodei: thank you, mr. speaker. thank you to my major league from the pelican state and my colleague from the bay state. i'm nervous, i don't want to break up this lone star reunion here, but speaking from a small 34r5eus in the inner mountain west, section 481 addresses the c.b.p. staffing issue at smaller land port of entry parptse. as we all know the c.b.p. mission at our numerous ports of entry is growing and adequate staffing at the larger ports needs

o'rourke. jose arenas lost his life on wednesday when a woman driving the wrong way on 71... hit him head on. sharing more about his life. our own michael baldwin sat down with the family earlier tonight. michael....you spoke with his nieces correct. i did megan and i asked them to paint the picture of the man that was lost. the man killed along i-71 behind. they tell me he was very humble, noble, a man of faith and more than anything. he loved his wife. if you knew jose a- ren-us, then you would know his friends called him mar-teen and his wife and his son were his world. just days before he was killed he and his wife sonia were enjoying an important achievement in their life. now she's trying to cope with this loss. its been very tough for her. they just celebrated their 24th anniversy on sunday 24 years and going strong. if he committed then he committed. he worked at cintas for 20 years and a second job at a resturant for 15 years. wednesday morning everything changed. mini van just got on exit 12 going southbound on the northbound lane on a-ren-us was killed when 22 year old taryn chin drove the wrong way on i-71 for more than 30 m

michael baldwin fox 19 now. while most madison students will return to class in the morning, missing will be the two students who were shot. our megan o'rourke is live tonight with an update on the victims. cameron smith and cooper caffery remain at miami valley hospital right now. the other two students who were injured are at home recovering...and one of them is being called a hero. monday was a mother's worst nightmare for ginger weaver. shots fired inside madison junior senior high school and her son, brant murray, who you see here was among the injured. 1:29 this is nothing you weaver says brant was in the shots started and that he pushed other students to safety. :32-:46"he was actually all of the boys that were shot. they were lunch because of the round table, and the boy that did the shooting was at the table next to them, said he got up and the gun, just opened fire on their table," brant's right leg was hit with shrapnel...he was hospital and may metal surgically removed. however, his mom says he will make a full phyiscal recovery. but, it's the emotional scars that students and staff and families here in madison township will like