is there still time let's ask chris hedges you know him as host of on contact here on r.t. america and for twenty years you read him in the new york times for which he as a foreign correspondent often reported from dangerous places he's a professor an ordained minister and he's authored a number of books the most recent of which is america farewell tour chris welcome back thank you you have written about despair the feeling of being overwhelmed by a reality feeling donald trump is parlayed into the presidency his supporters want to shake things up for the sake of doing so he's a blatant and it's tried cheers saturday night live cannot one up the kanye west in the oval office scene of what are we now at risk because of trump buffoonery. well the book really looks at what the sociologist a mill durkheim calls anime it is as you correctly pointed out this despair this alienation this sense of stagnation of being thrust aside in an oligarchy a state of having no place of not receiving adequate remuneration for your work of not bein able to engage in any real social mobility of l

why can't you have people like vanessa dealey or eva bartlett or medea benjamin or somebody like chris hedgesjournalists who have been in the ground on all of these hotspots, let them come on and take the heat from the people? that is all i have to say really. thank you. host: appreciate the recommendation. if you look back at the c-span archives, several folks that you have mentioned we have had on c-span before, some for pretty in-depth interviews. always appreciate more suggestions as we go forward. it takes a lot to fill three hours of programming so we are looking for suggestions from you . linda is in california, an independent. caller: i just heard the person you were just talking to. i agree with him. why don't you have chris hedges, garrett porter, some people who know what is going on in the world? ism very happy to hear haley stepping down. previous par with her ambassador, u.s. ambassador to the united nations. they seem to know nothing about what is going on in the world. why aren't we getting more about who know something united states warmaking, around making so many lives mise

person on the krs board with much investment management experience was chris tobe.s he thought it risky bet. >> ...you hire a hedged, you're looking for a fund that has a track record, experience.h >> smiright, and this one didn't. >> correct. buglen sergeon had a relationship with adam tosh, the chief investment officer of krs at the time. tosh sold us that... >> smith: tobe told me that krs's chief investment officer, am tosh, convinced the board to invest in arrowhawk, which omresulted in a large fee arrowhawk for tosh's man, glen sergeon. >> smith: and how much money was he paid to bring in arrowhawk? >> two million for arrowhawk. but he brought in some other investments to the total of x million. >> smith: but at the time of the vote, the board didn't know there was a acement agent operating in the background. >> it was never disclosed in financial statents, it was never disclosed anywhere that... even the existence of placement agents. >> i think that one of the key issues is disclosure of placement agent fees. >> smith: tobe then hired ted siedle, a financial crimes investigator. they eventually filed a 32-

hedge. you can do some things to try to prepare yourself for a downturn without necessarily giving up the upside if we continue to see that stock price move higher. >> chris what are you telling people if you're nervous in october. do you tell people to get out? >> we're very differently positioned we are very bullish on emerging markets from these levels. it's hard to make a call on stock price movements for a months or a year, but the em is trading at half -- less than whatever of the u.s. equity market shiller pe. from those starting conditions, history suggests you do much better with the cheaper markets. >> the reason they're trading at those levels is because the dollar has ridden as the fed raises rates if the fed continues to raise rates, how will that ease up on markets? >> there's problems and discussions about emerging markets, but a lot of those markets are inconsequential for em positions argentina just got put back in there's nothing there. we're talking about places like south korea, taiwan, china, india. yes, there are idiosyncratic issues in all of these markets that makes them em markets when you can buy at a shiller pe that is at histor

hedging all your exposure, it turns out that u.s. treasuries, even though they are 200 basis points over jcbs are, are still low. alix: thank you very much. coming up, bloomberg markets, the open. chrisjoining jonathan ferro. this is "bloomberg." ♪ i'm jonathan ferro. the countdown to the open starts now. ♪ coming up, the treasury market reopening, hitting seven-year highs. the imf cutting its global growth forecast, blaming trade tensions and emerging-market stress. the international energy association telling opec to boost output of oil. , negative to take nine points on the s&p. market, the euro-dollar down .4%. printing a after fresh seven-year high, backing up a little. down one basis point. treasuries still under pressure after reporting their biggest weekly decline since february. >> this has been a long time coming. >> we will see more talk. >> yields have been too low. >>