joining us is david owen, chief european economy at jeffries. david, should the fed be hiking rates in this environment where the liquidity is higher? >> they flagged the fact that they're going o raise rates. we've gone through this situation where the market was taking over the rates on the table. now it's been very well flagged. so i think they should follow through. now u.s. colleagues have been calling for a december rate hike now for two years. and they still expect the fed to raise rates further in 2016, '17. >> are you not concerned about the volatility that we expected? >> it's absolutely expected. the imf has been talking about it. they were concerned about redemptions, not just in certain fixed income funds but also in commercial real estate funds, open-ended funds where they were concerned that obviously, you know, investors wouldn't all be able to head to the exit all at the same time. this is the environment we live in. exit, liquidity is being withdrawn from the market. it's all the reason why they don't raise rates. it's just a fa

that is what the bank of says.d's david owens we will have him back here to see if he is right or not. david: [laughter] if he is wrong, who knows what we will do to him. betty: uh-oh, he may have to do the battle of the charts then. mark: yes, that is punishment. betty: still to come, we have an interview with the vw ceo in the wake of the massive in missions -- emissions scandal. and glencore. coming up on "bloomberg markets." ♪ mark: welcome back to "bloomberg york and live from new london. ."is is "the european close markets closed ever so slightly lower -- betty: i was so wrong. mark: time for the betty: battle of the charts. time for the bloomberg business flash. first time unemployment benefits ms ofd last week, clai 15%. even with the increase, applications are holding to the lowest level in 40 years. and shoppers will be paying with .heir smartphones the retailer will offer these service at its headquarters in arkansas. an international rollout is next year. that could make walmart arrival to apple pay another digital wallet apps. and automakers are required to report to tell

david? >> ryan owens, thank you. >>> there is still much more ahead on "world news tonight" this thursday. big changes coming to new orleans after a vote. coming up here, that city council voting, saying, we have a right to correct historical wrongs. what you will no longer see there. >>> also, the new medical headline tonight about cancer, and what may be the biggest cause for men and women. an important headline tonight. >>> and then, the consumer outrage this evening. sale today, but then vanishing. now being sold for $12,000? after the break. whatcha doin? just prepping for my boss' party in a couple weeks. what are those? crest whitestrips. they whiten way better than paste. crest 3d white whitestrips whiten 25 times better than a leading whitening toothpaste. someone's making quite an impression. this holiday season, select crest whitestrips are buy one, get one free. amerivest selects the funds and manages your portfolio. is it run by robots? no no, you can talk to a person anytime. 'cause i don't trust robots. right...well, if the portfolio you're invested in doesn't perform well f

david? >> ryan owens with us tonight. ryan, thank you. jury deliberations have now begun in the freddie gray case. the first of six officers charged. in connection with gray's death. whose spine was nearly severed after an alleged rough ride in the back of that police van. baltimore's mayor tonight calling for calm ahead of the veekt. >>> there is word this evening, sergeant bowe bergdahl, the u.s. soldier who was held by the taliban for nearly five years after desserting his post in afghanistan, will face a court court-martial court-martial. bergdahl could face up to life in prison. >>> we turn to a new headline tonight involving bill cosby, accused of sexually assaulting a growing list of women. some of their faces on that "new york magazine" cover, breaking their silence. well, now word tonight, cosby is striking back. countersuing seven of his accusers. here's abc's linsey davis. >> reporter: bill cosby turning the tables tonight, saying he's the victim and filing a lawsuit against some of his accusers. >> we are taki