currently very low so does this mean that things are a ok well we'll hear from volatility analyst chris cole and what a more complete picture reveals about a bull market in fear and the latest out of europe is that leaders have failed to reach a deal on cutting the greek government's debt according to bloomberg more just spewed over budget plans are expected to head so despite the turmoil the euro crisis is a known unknown for investors but how do you protect against the unknown unknowns how do you avoid being the turkey on thanksgiving we'll discuss plus in loose change with black friday the biggest shopping day of the year coming up in the u.s. this may be the type of thing that comes to mind when you think of wal-mart. right. totally crazy however this year you may see retail workers protesting what they deem unfair labor practices now we know public companies are focused on delivering quantifiable bottom line results but how do you value the unquantifiable of treating your employees a little better look at another example let's get to today's capital account. well our next guest has said

economic picture factoring so much in the complexity of markets so we have a volatility analyst chris cole who's really going to get into the nuts and bolts it's a much more complex picture revealing a bull market and fear live so don't be a turkey watch this part of turkey's verite are getting even or they're getting or they're being called suckers i guess wolf on your show things lauren that's going to do it for the news but for more of the stories we covered check out our you tube channel you tube dot com slash r t america at our website r t v dot com slash usa follow me on twitter at liz wall back here and half hour. culture is that so much a given to each musician to find the mark when the carnage continues in gaza israel claims to omar many of the gazans using self defense at the same time denying the palestinians. more news today violence is once again flared up the film these are the images kobold has been seeing from the streets of canada. china corporations are all today . you know sometimes you see a story and it seems so for lengthly you think you understand it and then you gli

we don't want you to be a turkey so here to talk about what you need to know about volatility is chris cole managing partner of artemis capital management fund and this is his specialty so first thank you so much for being on the show we saw you and jim grant's conference you were amazing so thanks for being in our l.a. studio thank you it's a great honor to be here today oh it's an honor but that's so nice to say now you're flattering me ok so let's start with the vix because we hear so much about the vix is the gauge of volatility for the stock market we hear about how low it is in some investors say this is a sign of complacency but when we're talking to you to establish this what is the volatility quite simply well you know it's interesting when you look at people talk about volatility and you define it using the vix index and that's how the media likes to define volatility but the vix index only measures the implied volatility a one month options on the s. and p. five hundred so that's analogous to may be the one year u.s. treasury but there is a yield curve out there we have treasurie

chris. >> u.n. representative cole sent a letter to president morsi asking him to refrain from giving hamas cover toensify its attacks by allowing egyptian delegations to visit gaza. of course, morsi has been a major player in these truce negotiations. do you think he's sending a mixed message? >> well, he is sending a mixed message. you know, i hope that president morsi is able to play a constructive role. but when high-level delegations of egyptians go into gaza under the pretense of a cease-fire and then terrorist groups violate that cease fire, if israel were to defend itself and members of the delegation was tragically hurt in that attack, we do not want that to be used as a pretense to violate the egyptian/israeli peace treaty. one other thing on this, chris. look, there's a fundamental truth here. i was on the border of gaza and israel in august of 2005 when israel unilaterally and without any preconditions left gaza. actually went in and asked jews this in there to leave. they said here is the land, build something with it, reform your economy, modernize, strive for peace and economic develo

. >> so, chris, you know john boehner said tom cole is a friend of mine, but i disagree with what he had to say. chuck todd's analysis is that this could be great for boehner from a negotiating standpoint. does tom cole play into all this? >> he certainly does. what tom cole is thinking is leverage. and right now democrats have a lot of leverage. they can make the case to the american people that by being obstructionists, republicans are preventing a tax cut for everyone, including the middle class. and if republicans go along with the president on this, and they lose this small battle, then they will give up the tax increases on the wealthy, which they don't want, for a big tax cut to the middle class. that takes one of the democrats' biggest talking points off the table going into next year and they can live to fight another day during tax reform to bring those rates down for the wealthy and continue that fight while most americans already are enjoying their tax cut. so while it seems like a concession, it could be a strategic move by republicans to be able to make themselves some

cole going out there. >> totally agree. >> chris hayes and joy reid, thank you. chris hayes' show is "up with chris hayes", the best thing you can do early weekend mornings, 8:00 a.m. on msnbc. thank you for joining me tonight. >>> coming up, howard dean on how the democrats should handle budget negotiations with republicans. what should be on and what should be off the table. and two-time oscar winner, sally field is here. she's on her way to a third oscar with her performance in "lincoln" but the acceptance speech you'll want to see is what she had to say about her son when she received an award this year from the human rights campaign. and in the rewrite tonight, another unarmed black teenage boy is shot dead in florida. and yes, the shooter now claims he was standing his ground oh. that's coming up. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> in the most awkward lunch of the year, president obama broke bread with mitt romney today. gene robinson and anna

. >> later, congressman cole explained the logic of his position to chris matthews this ink. >> what i think a lot of people forget is look, these tax rates are going up automatically unless congress act. i favor acting to save as many of them as possible. >> this is what i have been saying for weeks. the president is giving the republicans a hell of a deal. they are going to be able to go home to their constituents and say, i didn't raise your taxes. 98% of you, everything is just fine. house speaker, john boehner, he doesn't know how to handle this. he was forced to respond and wasn't quite sure what to say. >> i told tom earlier in our conference meeting that i disagreed with him. he is a wonderful friend of mine and a great supporter of mine. raising taxes on the so-called top 2%, half of those taxpayers are small business owners. >> actually, congressman cole agrees with the same thing. he doesn't want to raise on the top 2%. bain boehner is spinning his wheels. president obama could be pushing these guys all the way until the break. he reminded the country of the steaks stakes

i am inorder dantley grateful to the crew here at "up with chris" as well as the staff, jonathan larson, kim harvey, todd colen coke, tara melter, diane shamus, katy grutry, chrisman alsaa and scott ross skoe who do rigorous, uncompromising journalist each and every week. we are extremely grateful there are viewers out there like yourselves, people who watch this show and argue with it and send me e-mail and tweets, both complimentary and occasionally enraged. i am generally thankful to live in this strange era in which technology puts us in close contact with our critics. brutal criticism forces us to think hard about what we are doing on this show and whether we are living up to the potential of this medium and the wonderful privilege of being able to talk to you every weekend. thank you for being so engaged and thank you for joining us today for "up." join us tomorrow, sunday morning at 8:00. we'll have democratic congressman, steve cone and the situation in gaza and the crazy news out of eyipt. mohamed morsi, one of the most fascinating world figures. one day i helps negotiate a cease-fire and the next do

cole. hirono in hawaii, the same thing. elizabeth warren in massachusetts for scott brown. what a change from a moderate republican to a liberal, consumer-focused democrat. chrisonnecticut doing the same thing replacing joe lieberman. moderate guy. often voted with republicans. chris murphy, not so much. >> i was with michael dukakis teaching at northeastern today. i was there helping to get legal protection for medical situations. he was killed for being a liberal. he's a liberal, that's the end of the argument, you know. >> isn't that part of it? they were apologizing for it all the time. that doesn't really get you anywhere. the important thing though when we talk about what's happening on the hill is you don't have to be a moderate to be a good negotiator. with exceptions like olympia snowe. some of the best negotiators on the hill have been liberals or conservatives. >> that's my speech today. >> ted kennedy, pete domenici, so -- >> my speech is your best kitch constituency is your conscience. you don't have to pretend you're one of nor quist's robots. thank you, jonathan. we'll have more time next time. when we return, let me finish with what president o

cole, for example saying no no. let's do this thing. get this off the table. >> bill: and take some credit for it. olivier knox stays with us. senator chris us when we come back. >> announcer: this is the "bill press show." >> announcer: chatting with you live at current.com/billpress this is the "bill press show." live on your radio and current tv. >> bill: good morning everybody. welcome back here to the "full court press." it is 33 minutes after the hour now here on this beautiful thursday. a little chilly but beautiful thursday morning here in our nation's capital. good to see you today. don't forget you can join the conversation at any time at 1-866-55-press. olivier knox from yahoo news here as a "friend of bill" this hour. and another "friend of bill," a senator from my home state senator chris kuhns joining us in studio. great to see you senator. little fresh air from delaware coming in. olivier spent some of his thanksgiving holiday in new castle delaware. you've got a delaware trifecta today. >> bill: new castle, delaware, close to delaware city, delaware. new castle was the big town that we went to. and then there was wilmingto

chris" as well as the staff. jonathan larson kim harvey todd cole sal genteel, allison koch tera metzer diane seamus matty fox, henry rocco, al of whom do imaginative, rigorous uncompromising journalism each and every week. and finally all of us that work on the show are extremely grateful that there are viewers out there like yourselves who watch the show and argue with it and send me e-mail and tweets both occasionally enraged. i'm genuinely thankful to live in this stranger ra in which technology puts us in close contact with our critics, their occasionally brutal criticism forces to constantly think hard what we're doing here on this show, and whether we are living up to the potential of this medium and the wonderful privilege of being able to talk to you every weekend. so thank you for being so engaged. and thank you for joining us today for "up." join us tomorrow sunday morning at 8:00. we'll have democratic congressman steve cohn. we're also going to be talking about the situation in israel and gaza and the crazy news out of egypt, mohamed morsi who is the new prime minister there emerging as one of the most

responding to a crisis and it certainly wasn't chris chri president a political gift in th week before the >> i take exception to that. there's leadership in this coledre, he led on the automobilee have seen is obstruction in theublican man tra has been we're going to stop now in election, one of the best surrogates the republicans have say, i can work it e blows away everything republicans have done for the last fou thispe like cory booker saying capital because it's uity. west on.n trouble because he the president for the you talk about the to the benefit from it. what was dared to thank the president for giving money to florida. christy's thing because opriate. it broke that old pattern. even the republicansnd that christy could not say where he was wrong. that president obama dp not service new jersey. him breaking this kind of obstructionist, be against it. >> there's a former ohio secretary of state desperate to speak. if republicans lose. there will be knives out and one will be aimed at the bigrsey.. he ran for governor in 2006. real problem with the.; whole partisan nature. you have husted right now. all c whethected on a to be a referee in