politicians has made investors exceptionally nervous to discuss the current situation i'm joined by david jones a market strategist at idea index david thank you so much for being with us what we've been seeing the past week what do you think this is a stage on the downward spiral are we past the bottom yet. i think the risk is even though we've had a fairly quiet couple of days the risk is we could carry on going lower in the weeks ahead it's very similar to sort of moves we're seeing in markets to what was happening three years ago when we had the banking crisis and then we had plenty of volatility big slides go quiet for a bit and then just move lower galloping we have seen quite a big change in sentiment towards stock markets over the last few weeks when it comes to economics so you actually expecting a second dip in the recession. maybe not necessarily for the recession but from a markets point of view definitely i think you know investors are very worried about the situation and of course we have the u.s. that went down to the wire getting that debt ceiling raised we had the downgrade by

david jones there from my g index let's take a look at how the markets are fairing this hour in the united states they are positive after a strong recovery on thursday however games are limited as data shows consumer confidence for when sharply to fifty four point nine points this is the lowest level in thirty years. closing picture for european markets now and the footsie and the dax gained another three percent after gaining the same amount on thursday they did fall off to the opening but have since been climbing and in positive territory however the latest french economic growth figures are concerned as they show the eurozone second biggest economy was stagnant in the second quarter. of a closing picture here in russia and the r.t.s. and my say it's finally saw a recovery of the steep drop spur lead in the weak the r.t.s. up to three point two percent by six two point two percent if we look at the main movers on the myself you'll see the energy shares were mixed actually lukoil a gaining point three percent despite boosting its net profit by fifty percent. first of all the year reaching

volatile weeks since september two thousand and eight but despite the current positive movement david jones from index believes the markets may still plunge deeper. the risk is even though we've had a fairly quiet couple of days the risk is we could carry on in the weeks ahead it's very similar the sort of moves we're seeing in markets to what was happening three years ago when we had the banking crisis and then we had plenty of volatility big slides. just move lara galloping we have seen quite a big change in sentiment towards stock markets over the last few weeks you know there's a very worried about the situation of course we have the u.s. that went down to the wire getting that debt ceiling raised we had the downgrade by the u.s. we've still got all these problems in continental europe with italy and spain growth isn't very good there's definitely a risk of a double dip recession but i think the immediate risk is stock markets to slide a bit. second to give the markets now we start with commodities oil is marginally up as confidence in the economic recovery slowly returned to the market

downgrades we get on the days of made investors exceptionally nervous but despite a two day rally david jones from i g index believes the market may still plunge the . the risk is even though we've had a fairly quiet couple of days the risk is we could carry on going lower in the weeks ahead it's very similar the sort of moves we're seeing in markets to what was happening three years ago when we had the banking crisis and then we had plenty of volatility big slides go quiet for a bit and then just move you are again i think we have seen quite a big change in sentiment towards the stock markets over the last few weeks you know investors are very worried about the situation of course we have the u.s. that went down to the wire carrying that debt ceiling raised we have a downgrade by the u.s. we've still got all these problems in continental europe with italy and spain so growth isn't very good is there in the risk of a double dip recession but i think the immediate risk here is for the stock markets to slide a bit further. let's look at how the markets and looking this start with commodities wi

follows high volatility in the sector amid fears about their exposure to euro zone government debt david jones market strategist at a.g. index believes this will only provide short term relief. and that's helping the markets today we've got for example here in london barclays is one of the top prizes in the dice and we are seeing strength in banks but it is like history repeating itself we've got a similar levels of volatility we had three years ago in september two thousand and eight there was widespread short selling bans but over the next month financial markets still dropped another fifteen to twenty percent so again traders in europe at least so far are back convinced the short selling bans necessary to change anything. second how the markets are doing right now in the u.s. they are positive that solved through a strong recovery on day two and data sharing consumer confidence has fallen sharply to fifty four point nine points its lowest level in thirty years therefore . european markets fell immediately after the opening but so worth climbing by the end of the search and to reach three pe

the high volatility in the sector and the fears about their exposure to euro zone government that david jones market strategist i.g. index believes this will only provide short relief. that's helping the markets today we've got for example here in london barclays is one of the top prizes in the day so we are seeing strength in banks but it is like history repeating itself because similar levels of volatility we had three years ago in september two thousand and eight there was widespread short selling bans but over the next month financial markets still dropped another fifteen to twenty percent so again traders in europe at least so far are back convinced the short selling bans are necessary to change anything. because take a look at how the markets are faring this hour in the u.s. they call that series of after a strong recovery on thursday but gains are still limited as data shows consumer confidence is cool and sharply to fifty four point nine points this is the lowest level in thirteen years the dow jones is one hundred percent up nasdaq point one percent european markets closed again anot

a move for those high volatility in the fears about their exposure to euro zone government debt david jones market strategist index believes this will only provide a short term relief. and that's helping the markets today we've got for example here in london barclays is one of the top prize them as i say we are seeing strength in banks but it is like history repeating itself we've got similar levels of volatility we had three years ago in september two thousand and eight there was widespread short selling bans put over the next month's financial markets still dropped another fifteen to twenty percent so again traders in europe at least so far are that convinced the short selling bans are necessary to change anything. significant how the markets are doing in the final half hour of trading in the u.s. they are still positive that's after a strong recovery on thursday but gains are limited as data shows consumer confidence is born shopping's and fifty four point. nine points this is the lowest level in thirteen years here's the closing picture for friday's session in europe the european market

that's after the most thoughts all week since september two thousand and eight the positive movement david jones from i.g.n. that's believes the market may still plunge even deeper. the risk is even though we've had a fairly quiet couple of days the risk is we could carry on going lower in the weeks ahead it's very similar to sort of moods we see in markets to what was happening three years ago when we had the banking crisis and then we had plenty of volatility big slides go quiet for a bit and i just move lower again i think we have seen quite a big change in sentiment towards stock markets over the last few weeks you know investors are very worried about the situation because we had the u.s. that went down to the wire getting that ceiling raised we have the downgrade of the u.s. we've still got all these problems in continental europe with it's really inspiring so growth isn't very good as the risk of a double dip recession but i think the immediate risk here is not markets to slide if. you look at the markets although has been up and down all day but right now it's in the why everybody about

from a correspondence number of european countries have imposed a ban on short selling on banks david jones a market strategist index believes this will only provide short term relief. that's helping the markets today we've got for example here in london barclays is one of the top prizes of the day so we are seeing strength in banks but it is like history repeating itself because similar levels of volatility we had three years ago in september two thousand and eight there was widespread short selling bans but over the next month financial markets still dropped another fifteen to twenty percent so again traders in europe at least so far are back convinced the short selling bans are necessary to change anything. so what should the investor do in these troubled times called treasuries and cash are all traditional safe havens for those wishing to stay in equities to buy from a dive or capital markets recommend steering clear of companies exposed to the global economy. that's helping the markets today we've got for example here in london barclays is one of the top prizes in the dice so we are se

we heard from you go to a number of european countries are imposed a ban on short selling thanks david jones a strategist i.g. index believes this will only provide short term relief. that's helping the markets today we've got for example here in london darkly is one of the top prizes of the day so we are seeing strength in banks but it is like history repeating itself because similar levels of volatility we had three years ago in september two thousand and eight there was widespread short selling bans but over the next month from actual markets still dropped another fifteen to twenty percent so again traders in europe at least so far are back convinced the sure selling bans and necessary to change anything. so you would have the markets now in a year there was a downturn at the very beginning of the session but now it's all positive again in the forty's up two point two percent of their two point eight percent that's after gaining more than three percent the day before if we take a look at russia looking positive there to finally strong figures of growth for two years up four percent my six

we have a bill pending his name is david jones. he's been successful in getting some of these big companies to reduce or cancel their premium increases. recently, a member of insurance companies were set to impose premium increases in my state, some as much as 80% cumulatively. commissioner jones requested a delay of increases until he had a chance to review them and the insurance companies complied. after review of pressure from hand, anthem blue cross agreed to scale back planned rate hikes from 16.4% to 9.1% or 600,000 individual policies in the department of insurance into delayed implementation of these headaches. but here's the catch. anthem blue cross also serves individual policyholders through the department of managed health care in california for over 120,000 californians they receive blue cross insurance through this department, rates rose an average of 16% on may 1 of this year. the department of managed health care deemed these increases unreasonable, but they don't have the authority to block them. this means that th

joining us now is david corn, washington bureau chief for mother jones and an msnbc political analyst good to see you. thank you for being here. >> good to be with you, rachel. and happy birthday, mr. president. >> happy birthday, mr. president. rush limbaugh is still a birther? isn't birtherism over now? >> well, you know, you do think that birtherism is over. i think you put it well a few moments ago when you said it was really relegated to this realm of dead enders and people who just are, you know, one step away from area 54 roswell conspiracy theoryism. but while birthism is dead, otherism isn't dead. and you see in the republican presidential field, you see the conservatives, they are still out there trying to promote the notion that obama is really not quite american. which is a more subtle version of birtherism. and i think in some ways more insidious. and if you want examples, i can give you some. >> tell me some examples, otherism, go. >> mitt romney when he was talking about health care a couple of months ago, actually after the long form birth certificate came out and he s

david mattingly, cnn, jones borrow, arkansas. >> it is quite an unusual strategy and if you're confused about how a person can plead guilty to murder and then be set free. we're going to clarify how it works with cnn's holly hughes. >>> police in florida arrest a 17-year-old. they say he was hoping to outdo columbine. here's a question, are teens more trouble nowadays? that discussion is next. that one day on the red hills of georgia, the sons of former slaves and the sons of former slave owners will be able to sit down together at the table of brotherhood. i have a dream today! [ male announcer ] chevrolet is honored to celebrate the unveiling of the washington, d.c., martin luther king jr. memorial. take your seat at the table on august 28th. [♪...] >> male announcer: now, for a limited time, your companion flies free, plus save up to 65%. call 1-800-sandals. conditions apply. >>> okay, you know, it has been a week with parents shaking their heads over what could have happened after the arrest of a florida man's son for allegedly plotting to blow up a school. >> i seen these pictures

and alex jones was rebuilding david koresh's branch davidian church with money donated from his radio listeners. so that's where i met alex jones. he did a good job. he rebuilt that church, and i think it's good that that church is rebuilt. c-span: why? >> guest: because i think that the branch davidians and the weaver family were victims of a government that on both occasions became slightly out of control and messed up and did wrong. and i believe -- and i could be wrong, but i believe that neither the weavers nor the branch davidians really were doing anything wrong. i think they were innocent parties. c-span: alex jones is what kind of a guy, what -- how do you explain him? >> guest: he's 26 years old and looks 10 years older. he's a hero to the militias. he's a burgeoning new hero. on one hand, he's kind of like texe marrs, you know, a popular underground radio talk show host. but he's also much more than somebody like texe marrs. he's an activist. so he rebuilt david koresh's church. he... c-span: where can you hear him? >> guest: infowars. com is his web site. and he broadcasts

people turned up to get a glimpse of their new signings midfielder ashley young defender phil jones and keeper david de gea all on show citing the familiar faces the end of it you see kept in the side of a twenty three title alwynne rooney stuart seventeen goals last season midfielder downs that by the way had a light fitness test at if they need to share he's missed most. season with the bikes. and finished off pre-season tour of america the thing you'll win over mexico is club america had to be on a picking up garbage via the first mid-way through half and then in the final minute of the gangs of youths like that got the second from point blank range sixty eight thousand pounds the cowboys stadium to watch this one and i head back home to face your own and the cost of that. possible play reality bridge the following week in the super cup that rivals in good form to ending that tour china with a six no brushing a local side tianjin qaeda attack it got the first spot the others came from angle demetria and gonzalez one persona are now they getting the pick of the goals of this effort putting ben's i

scholes among them alex ferguson has made sure to bring in plenty of new blood phil jones ashley young and goalkeeper david de hale already jelling into the old trafford game when the record nineteenth time english champions opened their new title haunted west brom on sunday the same day action begins for united's main rivals chelsea. will take on the managerial reins for the first time in the premier league against city blues captain john terry stating the team has what it takes to raise a lot of the cost for the second time three years. manchester city who finished third last season have spent big again during the pre-season period argentina. tops the charts for money shelled out this year sixty million dollars this price from athletico madrid meeting should the sky blues lose his unsettle compassionate carlos tevez a ready made replacement can slot right in six years without a trophy is a statistic arsenal fans don't need to be reminded about are seeing bangers somewhere reinforcements haven't exactly said the world alike and after just losing says fabregas to barcelona on a five year deal the future is