joining us to a talkut that smiek gibbs, managing director strategy atefrmt raymond james. welcome, mike. on the surface thes statist just rattled off, it doesn't sound very positive. >>> no, you you are right. you sometimes need to look beneath the surface to see how strong it is. don't think the ample investor understands the fact that the s&p 500 can fool them from time to time. and the s&p 500, 50 stocks make up 52% of the p dailyce move. that's why it's so important to monitor the data that yough ght and that's to get a pulse of really what's happening in the stock thmarket. 's what's happening with the average stock out there. so i think it's important to monitor that because what have we are seeing today. >> but here is the point we get to as a market rall the more stocks you have participating, the more sustainable that ral is. but when you have fewer and fewer stocks parting as the market continues higher which is what the numbe suggest. eventually the rat rally peters out. do you agree or not. >> i do agree. it's a gauge we monitor from the strategy area. and i'll

gibbs if you can read thank you richard thank you bob charlie. for heroes of the twentieth century mikhail gorbachev the last leader of the soviet union was an agent of change and quickly met his downfall to resign my duties as president. of the arrow of time gorbachev and the opportunity for peace wasted in fifteen minutes on t.w. . we make up of what we watch as a face that found out that if we are the sum of services. they want to shape the continent's future it's part of it and join our youngsters as they share their stories their dreams and their chairmanships of the seventy seven percent platform for africa in charge and countless all consuming conflict for over an hour and religion. thirty years. but challenges failed to determine its outcome. in negotiations lasting many years mediators succeeded in reaching agreement it was the birth of modern diplomacy. sixteen forty eight belonged to this starts october twenty fourth on d w. some people don't care about me. because they don't see my beauty. some people don't care about me because they

he joins the likes of sir garfield sobers, herschelle gibbs and yuvraj singh to achieve the feat in all they still lost the match. tough luck! now to a fight for recognition on the international stage. the faroe islands, a self—governing nation in the north atlantic, are recognised by fifa but not by the international olympic committee. it means that whilst footballers can represent their country on the biggest stage, sportsmen and women won't get the chance of doing the same at the olympics. sports news correspondent alex capstick has the story. stunning scenery in a land miles from anywhere, and with isolation comes a strong from anywhere, and with isolation comes a strong sense from anywhere, and with isolation comes a strong sense of national identity. but that there are islands is facing an uphill struggle for sporting independence —— but the faroe islands. football already offers these faroese fans a chance to express their patriotism through sport as their patriotism through sport as the national team is recognised through the first be the players on the same for everyone. we're

he joins the likes of sir garfield sobers, herschelle gibbs and yuvraj singh to achieve the feat in allll from sportsday. coming up in a moment, the papers. hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are author and journalist owen bennett and ruth lea, economic adviser with the arbuthnot banking group. many of tomorrow's front pages are already in. the prime minister is in a race to rescue the brexit deal, says the guardian, as theresa may admits talks with the eu have stalled over the irish border issue. the same story is covered in the metro, which leads with mrs may's insistence that any arrangement with the eu must not divide the uk. the story that's caused a buzz around the world is of course news that meghan is expecting, and the daily mail is clearly intent on enjoying every moment of it! the daily mirror also leads with baby news, with the added detail that that the duchess sought medical advice for her tour to the pacific islands due to the risk of the zika virus. the ft reports on the growing fallout over the disappearance

ana gibbs is a representative of duke energy and joins us now by phone. thank you so much for joining us here. hundreds of thousands are of customers are without power tonight across florida. is the worst over? >> so right now for duke energy, it appears are it is. we have customers are that stretch 35 counties 1.8 million customers are. and for us, from tallahassee west we have about 35,000 outages are and most of those customers are again west of tallahassee are without power right now for duke energy. >> yeah. we've got pictures are now up on the screen showing the massive number of vehicles are. there it is right now, that duke energy is ready to deploy, has already deployed some of them i think. you've been bringing in vehicles are from all over the country. have repairs are begun. >> so because of some of the winds that we have experienced lear in this area, we have not been able to put our trucks are out. we have to wait till the winds die down 30 miles an hour or below. you are correct. duke energy has 7,000 resources from all around the country.

ana gibbs joins us by the phone from florida. she is the spokeswoman for duke energy. good morning, ana. when duke can get out there, we know you have 5,000 linemen ready to restore power. what is the biggest challenge? >> right now, we have dozens of crews hitting the road. we have crews that have stretched from the perry area and in tallahassee and jacksonville. some challenges are getting through the roadways. we know tallahassee reported more than 200 roads that are blocked right now. literally, just getting to the actual outages may wiould bith be a challenge with the roads blocked with trees. we cover mexico beach. i know that is an area you have been showing. >> if you live in the panhandle, if you live west of tallahassee, chances are you don't have power right now? >> that's correct. duke energy covers an area stretches from pinellas county and the coast through mexico beach. if you are west of tallahassee and you are a duke energy customer, it is likely you do not have power right now. >> how long do you expect those counties? namely franklin and gulf and jef

the pacific northwest becomes more active, tuesday afternoon we'll gibb a bit of a cool, cloudier pattern there. as we get into wednesday afternoon, notice the rain sticking to the north of us, there's thursday afternoon where it slips into california a little bit farther, but for the time being, it looks like the models are trending a little drier than yesterday. we were holding on to hope we may get a little bit of rain for the north bay. we'll continue to track it for you. we're still several days out. we have partly cloudy skies, february a little bit of patchy, dense fog and novato and petaluma area visibility a quarter of a mile. 53 in san francisco, livermore walnut creek and san jose, good morning to you at 54, along the peninsula, belmont 53, and 49 h morning, antioch and upper 40s in danville and alamo. are simi to yesterday. 74 for sausalito, low 80s in novato and santa rosa, inched them up for some. mid- to upper 70s along the shore, 77 in san leandro, and 83 danville and 85 for brentwood. the south bay will enjoy a nice one. 85 in morgan hill. if you're headed to santa cruz f

s&p chief equity officer aaron gibbs and j.j. cox of global x funds. what i find kimberly clark, they beat on earnings, but the revenues were down year-over-year. the margins look terrible. operating margins were absolutely horrific, this a week after proctor & gamble surprised wall street showing some consumer staples companies still have pricing power. do we have to delve into the government with individual names that have the ability to pass on price increases to customers because it has been a real rough ride last three weeks. >> staples, absolutely. you're talking about lower margins. you really have to delve into them. consumer discretionary, we're seeing changes where some stocks are doing extremely well, others are really struggling, again with margin pressure. in the consumer space, yes, however, communications services that sector, really across the board is doing very well today while we're seeing downturn in financials. charles: we know the big names, right? we know the household names in there. but i think last week the ipg, or advertising

and erin gibbs. erin, start with you, a lot of things driving the market. with the volatility, people scratching their heads. what hit me? did anyone get the license plates of that truck that hit me. we were up 350. down five something, finished off 230 points. >> away from the screen in 20 minutes, that is what happened. clearly there is still a lot of fear out there. so all it takes is one piece of negative news to send the markets turning. charles: what happens midday though? the market, all the news for the most part out there. you're rallying. you're up 350. you're flat, you're down 350. it is volatility in of itself culprit here or volatility begats volatility? >> this is really showing the fear that is out there. investors are trying to figure out how do we value equities in this market where we have rising interest rates yet strong fundamentals. what is the real recession risk over next two years. that fear, unknown, scratching your head, trying to figure out how we are supposed to value equities in this new environment is what is causing this volat

he joins the likes of sir garfield sobers, herschelle gibbs and yuvraj singh to achieve the feat in alltch. here's a quick look at some of the other stories making the headlines today: saracens' forward billy vunipola will miss england's autumn internationals after fracturing his left arm in?yesterday‘s? champions cup match at glasgow. he'll have surgery tomorrow and will be out of action for up to 12 weeks. commonwealth gymnastics all=around champion nile wilson will miss this month's world championships after snapping a ligament in his finger in training. he also missed the european championships in august with a neck injury. ronnie 0'sullivan eased into the second round of snooker‘s english open in crawley with a 4—1 victory over norway's kurt maflin. after the match, 0'sullivan desribed the venue as a "hellhole" and said it smelt of urine. usain bolt says he was stunned to be given a notice for a drugs test although only on trial with australian side central coast mariners. despite retiring from athletics, bolt has been told he is still an "elite athlete" and must comply. he is wait

oaks look a little gibbs glow in the glow. lizette may live. lives july sixth glimmer glow in the bud. glow of the book. club some glimmer still doesn't feel. like the the. get . european stars deliver a rousing performance of. bottling melodies and wrists floatin and downs of the church at home. always not in under a new german jazz closest. european concerts of fifteen minutes on veto. on the way to survive inside hide your identity. we are scared me or very scared of me i'm just going to move now to hide from this fight even stronger. than legit what is the true face of the country look like. a mob freedom independence the separation of state and church that used to be important but for decades political infighting here has endured progress and islamist extremists are gaining more importance dom gingold we call for the name of law feel god's law. democracy and the law are on shaky ground. if discontinuous down low this should be. a pretty. enough to excuse. bangladesh the dawn of islamism an exclusive report starts october eighteenth. matchi

he joins the likes of sir garfield sobers, herschelle gibbs and yuvraj singh to achieve the feat in allthe match. the former sri lanka captain sanath jayasuriya has been charged with two counts of breaching the icc anti corruption code. the former all—rounder is accused of failing to co—operate with an investigation, and obstructing the investigation by "concealing, tampering with or destroying evidence". he has 14 days to respond. that's all the sport for now. you can find more on all those stories on the bbc sport website. confirmation in the last few minutes that it has begun hydraulic fracturing in lancashire. confirming what it was evident. —— imminent. that has happened in the last human hits. protests already under way but the company has confirmed that fracturing has begun. when last—minute negotiations for a brexit deal between the uk and the eu came to an abrupt end yesterday, the sticking point was the border between northern ireland and the irish republic. with neither side wanting a hard border, but controls needed on the movement of goods into and out of the european union

but the schools minister, nick gibb, said...es in the world. head teachers in england are furious, and say it bears little connection to reality. we think it's time to stop patronising head teachers. they trying to do a difficultjob, they're cutting corners, the increasing class sizes, they're making people redundant, and at the very least the government should engage with us so we can discuss how we make education betterfor young people. so what do we know about education spending on schools? well, since 2009—10, spending per pupil has gone down 8% in real terms overall. that is when you take into account rising pupil numbers and costs such as teachers' pay. schools are also doing more and hardest hit oui’ are also doing more and hardest hit our school sixth forms, down 20% per pupil. again, that is when the real increases in cost have been taken into account. the government's education figures have been questioned before. the department of education has played fast and loose ina number of education has played fast and loose in

but the schools minister nick gibb said "we are spending record amounts "on our school funding.n in the oecd," that includes most of the major economies in the world. headteachers in england are furious and say it bears little connection to reality. we think it is time to stop patronising head teachers. they are trying to do a difficultjob, they are increasing class sizes and making people redundant and at the very least the government should engage with us to discuss how we make education better for young people. so what do we know about education spending in schools? since 2009—10 spending per pupil has gone down by 8% in real terms? overall. that's when you take into account rising pupil numbers and costs such as pay. schools are doing more. hardest hit are school sixth forms, down 20% per pupil, again, that's when the real increases in costs have been ta ken into account. the government's education figures have been questioned before. the department fridge and has played fast and loose on a number of occasions. in the short run, a politician might get a hit saying we are doi

they had the landing craft that according to president eisenhower commented that hig gibbs landing craftcho looked similar to that one that he doesn't know if we would have won the war. richard higgins invented that landing craft and they were used on d-day. thank you. >> thank you accident commissioner. one quick question. did you city vehicles have been redeployed someplace do you know where they have been moved. >> what vehicle. >> antique vehicles on treasure island have to be moved, i understand. have we redeployed them in different places? >> none of them have been moved at this time. >> offline topic of discussion no doubt. thanks so much for your report. maybe you can put the video in your next report. >> you got it. >> thanks very much. >> thank you. >> madam secretary would you call the next item. >> item 5. resolution 2018-02 discussion and possible action regarding 2018-02 recommending the san francisco fire department expand the duties and remain the stress unit to peer support services? >> any public comment on this resolution? please come forward. good evening. >> good evenin

here to help us understand, two of the best, former dallas fed advisor and erin gibbs.e is wondering with a spike in the yield, does it create a different pace for the federal reserve to hike rates? >> i think the fed is hopefully paying attention. since march there has been $3 trillion in losses racked up due to the bond market and yield moving higher. we have all forgotten our bond match. as yields go up the price of bonds go down. there is something to be said for the fed stepping back, potentially taking a look at this. the arm homeowner's monthly payment is up by 20%. that's a tangible figure. your prior guest was talking about the fact that the middle class has nod hat something good inning a long time. the monthly mortgage payment being up by 1/5 does not fit in that narrative. charles: erin, the tech wreck. the nasdaq 100 down almost 6% from october 1 to today. what's going on there? is there something people should be concerned about? how much further is it going to go, and will money rotate to other areas of the market? >> date was a fear of trade. we say tech

thank you, bob pisani mike santoli is with us and s & p investment advisory reportfolio manager erin gibbsrning to you both not just rates, pmi slowing, oil, is this how we go into q4 >> it is off sets to all of the good news, i think it is the story of the year. s&p 500 is up less 2% since end of january what the market has been doing all year is figuring out how long the good canlast and off sets can last. rates, higher cost of corporate deb debt i don't think it is bailing on the bond market for stocks i think it is adjustment to stock bond valuation ratio, stretching to cycle highs, and i think the market has to come to some kind of terms with the new level of yields if they stay here. >> erin, heading into q3 earnings, what are you watching in terms of growth targets and what can happen in light of the stock move today >> a couple of things. there are big hurdles for a few sectors, q3 can be one of the hardest. financials is expected to have earnings by 40%, they have been lagging most of the year some higher rates, spreads are small, that can be tough and dragon the market. tech has

what will be the market impact let's bring in jason hunter and michael gibbs.ou to you both for joining us we appreciate it i will start with jason. in terms of what investors should expect when it comes to yields, are we settled into a range or should we see even higher yield from here >> we came in from the summer into the autumn thinking the yields at the back end of the curve were set to release cheaper. we favored steepening curve trades now that the move unfolded, we think it's largely behind us the long bond overshot levels where we thought that would get. the 30-year bond, 335 to 338 was the area where we thought the market would establish the cheap end of a new range it got closer to 345 that said, like i said earlier, this is an area where we think the market establishes the cheap end of a range the move largely behind us the steepening autumn, we exited the trades and are fading the yield curve. >> let me get this straight. you said the steepening bias with which we entered the autumn it's barely the first week of october. october 9th or so and we've

gibb us a sense if you can for the next -- if you talked to the governor, the mayor, any other officialshere outside of the synagogue when you were there and we understand that you may be headed to one of the hospitals now. >> there's going to be a press briefing at 4:00 which we'll be following. i was able to talk with the governor today, the mayor, senator kaye sis casey, the othl state representatives, city council members. this is a community that is united. we're united in grief. we're united in a resolve to protect these institutions and to overcome this. leland: congressman keith rofis with us on the phone, the congressman is there by the synagogue. stay with us p. us. we appreciate it. >> i have another one i have to hop on. been great talking with you. keep pittsburgh in your prayers. leland: thank you, sir. the prayer you mentioned from vice president pence, the congressman pointed out, there are so many that are broken hearted. kevin cork often talks about how the president at times takes on the role of comforter in chief and consoler in chief of times of national grief. and f

joining us now to discuss, erin gibbs. the impact of this trade deal.term what does it mean? >> i see it good for three industries in particular it, good for pharma. i think it's good for trans40s in that it helps equalize costs and puts more burden on mexican transports. and the autos because we do export so little i think that's beneficial for some of the autos. the bigger picture. all the industries are pretty small. they are not a big part of the s & p 500. so is that going to make a gigantic impact on earnings and revenues across the board? no. but it's good news for the three industries. >> i think it's great news. the markets have been held back because of the trade concerns and uncertainties. now that nafta is done, we may get a deal with india. what i like about that is i think it will give an extra boost to confidence which should push markets even further. >> this is helping confidence, this is the ching and egg kind of thing. the confidence and not hanging over you. will it make a huge impact on final numbers? charles: our confidence and sen

joining me to discuss erin gibbs, and from money map press, keith fitz-gerald. erin, last time you and i spoke i felt anxiety from you i didn't feel previously. are you starting to feel a little better? you get earnings coming in. we still have a long way to go in the earnings calendar, but that jolts report underscoring an amazing economic recovery in this country? >> as well as financials doing so well. certainly not only did they massively beat estimates and they're growing at 20% in the third quarter when expectations were closer to 11, we're also seeing really positive guidance going forward. so having a strong financial sector is really one of those fundamental components of having a great market. we'll see how it foes -- goes with the technology stocks and communications services and jobs report is really solid fundamentals for us. charles: keith, 7.136 million jobs, some of them milestones here, manufacturing close to half a million from 400,000 a year ago. financials 339,000 from 263. wholesale, 23thousand from 199,000. here is a tidbit for you. took us

i have to tell you, i'll take these republican guys with mark meadows and jim jordan and gates and gibbsll of them, i hate to mention a few names because there's so many of them. i want to give every one of them credit. they're tough, smart guys. they know there was no collusion. it turned out with russia. there was collusion but it was with hillary clinton, the dnc. these republican folks, i think, they're becoming folk heros. these are great, great people. and they want to get to the bottom of it. >> sean: i agree with that, the freedom caucus, stand by their promises, they fight. congressman mark meadows joins us. fox news investigative reporter sarah carter, the hill's john solomon. congressman, we now have rod rosenstein, let's see, he recommended firing comey, he signed the last fisa warrant, the third renewal application, a guy that appointed mueller. three people saying he seriously was talking about wearing a wire to invoke the 25th amendment. four. mccabe said it, lisa page said it, let me think of the other ones, um, one other person said it. >> jim bakeer? >> that's it. >> ye

have to tell you, i will take these republican guys with mark meadows and jim jordan and gates and gibbs, all of them, i hate to mention a few name because there are some of them, i want to give everyone of them credit. these are tough, smart guys. they know there was no collusion. it turned out with russia. there was collusion but it was with hillary clinton, the dnc. i mean why didn't, as an example the fbi take the dnc server? they didn't take it. they know where it is. there is so many questions. one thing i'll say these republican folks, i think they're becoming folk heroes, these are great, great, people. and they want to get to the bottom of it. and you know, we're -- steve: but, mr. president, the people in your administration, rod rosenstein, will not show up on capitol hill to speak to congress. >> actually i was surprised at that i would think he would. he mentioned certain things to me, that you know are very positive about that event. i would imagine you would want to put that down. frankly whether you were under oath or not shouldn't matter. but he mentioned things to me i

john gibbs, a senior adviser at the department of housing and urban development, helped spread the conspiracyy clinton's campaign chairman took part in satanic rituals, retweeting with the caption, true, true and true. the claim is actually false, false and false. christine bowserman, an assistant to interior secretary, ryan zinke, resigned earlier this year after cnn uncovered her social media posts. she shared this image, questioning president obamas college and birth records. gee, why would a member of the trump administration question that? >> he doesn't have a birth certificate. >> oh, right. her boss led the charge on that lie that the nation's first african-american president was actually born in africa. no matter how often the media tries to fact-check these conspiracy theories, people share them, people chant them in large auditoriums, and sometimes they motivate individuals to violence. let's talk about some stuff with our panel. i want to get to the conspiracy theories in a second. first we have some house-cleaning. because the republican national committee is jumping on your comme

he joins the likes of garfield sobers, herschel gibbs to achieve the feat in all forms of the game.he match, but still a great display of hating. that is all from us for the moment. when last—minute negotiations for a brexit deal between the uk and the eu came to an abrupt end yesterday, the sticking point was the border between northern ireland and the irish republic. with neither side wanting a hard border but controls needed on the movement of goods into and out of the european union, the 300—mile dividing line is the key to the future of brexit. our ireland correspondent chris page has been finding out how two companies might be affected. northern ireland is on the brexit frontline. it‘s caught between the uk‘s only land border and the irish sea. the question is, if checks on goods don‘t take place at one of these locations, will be have to happen at the other? it‘s an issue that affects all sorts of items on supermarket shelves. take these baby snacks, for example. before they‘re sent to shops, they‘ve already had a long journey to this warehouse. we bring in about 18 different

james gibb and ceo and publisher of the pittsburgh jewish chronicle. our hearts go out to you and your community for everything you guys have gone through. first off, rabbi, you knew a lot of the victims. i believe you knew the families and the victims and a good friend of yours is in the hospital. can you tell me how he's doing and how his family is doing? >> well, the word that daniel who is a beloved chaplain in the upmc system had gone through three surgeries already and we were afraid after each one that we might lose him. i am told that he is stable and we are hopeful and praying for his recovery. he is essential to the fabric of the community and we are heart sick that he was shot. >> he was supposed to be delivering services saturday at the synagogue, correct? >> yes. this particular synagogue is the home of three different congregations. tree of life and new generation and new light. three services were going on. they were fatalities and injuries in each of the three synagogues. >> the age ranges of the victims, rabbi. the youngest was 54 and

eugene scott, daniela gibbs, matthew, i hate doing this since it's not your organization that broke thisnew york times" story, a big piece that chronicles the trump family's ability to sort of avoid paying taxes over decades. to some who follow donald trump's career, they'll be shocked there's gambling going on in this establishment, meaning donald trump ducking taxes is something he bragged about at times during the campaign. but we now have the "new york daily news" saying the new york state investigators plan to investigate this. does this matter? we can have an argument about should it matter. but does it matter? >> it certainly doesn't matter to trump supporters. we've had stories like this come out throughout the campaign. he flipped it on his head and said it was the laws that he was taking advantage of, and cthey cheered him on. the real question is that in avoiding paying taxes, many of the dollars that would have supported many of the voters who backed him weren't available. because he wasn't paying them. >> ironically, daniela, this issue, the thing that may drive the presiden

liz: aaron gibbs, senior portfolio manager manager, aaron, see how i did that. >> i didn't start to jump i was blown away peter thinks it is the end of the world. >> i didn't say the end of the world. just the end of america. not that bad. it's a big world. liz: get two guys to hold off for a second. >> i live in puerto rico. liz: what are you thinking on a day like this? we've been looking a value stocks. the spread between growth and value is too big. we think investors might look at reevaluating what they really want to pay for when valuations are higher for so many growth stocks that have slowing growth for next year. and so, one of the utility stocks we like, first energy, one as well as staples, constellation brands is another one of our favorites. they have been holding up well in the downturns. liz: you can look at that. as things ramp down, susan li. can you give us a feel from the floor, before we bump up two minutes to go, 1.:before the closing bell rings. >> no one thinks it is the end the world as peter schiff says. this is understandable correction, 10% down from recent hig

he joins the likes of sir garfield sobers, herschelle gibbs and yuvraj singh to achieve the feat in allthe sport for now. i'll have more for you in sportsday at half past ten. the house of commons has allowed a culture to develop in which bullying and harassment of staff has been able to thrive according to a new report. the inquiry — which was commissioned after a bbc investigation earlier this year — referred to "urgent and serious problems" in procedures for dealing with complaints and said cultural change was needed to restore the confidence of staff. a car towing a caravan and driving the wrong way on the mao in oxfordshire has been involved in a crash with another vehicle. it was travelling south on the motorway‘s northbound carriageway, which is still closed between junction 6 for wallington and junction 8a for oxford. the accident happened at about lipm, thames valley police said. the air ambulance has been dispatched by south central ambulance service, but no details of any injuries have been released. a british man has been charged by prosecutors in the uae with posing as an a

my second question, i recently have become acquainted with gibbs law 51, rule 51, which is sometimes you are wrong. how do you build in an ability to recognize that you're wrong and maybe adapt? >> profound questions, great questions, everyone. two thoughts. the first is, in one of the mock jury trial experiments that i alluded to that was looking at the role of diversity decision-making with a mock juries, one of the really interesting finding is the more diverse a group ended up making better decisions and at the same time they were less certain that they were right mandate homogeneous group that was actually more likely to be wrong. there's this paradox of like the more likely are to be right, the list certain you are to be right. learning that, that's a really profound -- d busily to entertain the idea that you are wrong is, there are all these biases we have come confirmation bias we have come and groupthink on some of the keep us from doing that. in the bin laden story, they spin all this time leading up to the raid challenging their assumptions, reading the 70 levels at all th

back over to you >> thanks a lot, dom chu joining us now to talk more about this is erin gibb.lobal market. and this morning steve grasso, a cnbc "fast money" trader watching boeing yesterday, that was because of the tariffs news and the concern about that how big of an issue is it at this point and how much of that has been priced into the market? >> we feel as long as we keep seeing new news and tariffs, we can't see how much we'll price in and i think a lot of that happened, it was really all about that last tweet and additional tariffs so it's difficult to say how much it's going to scare the market it's not just industrials or any specific industry. it's the whole market that was completely switched. so what we're looking at more is -- and for the entire month of october, there has definitely been a change in leadership. and investors are definitely re-evaluating what they're willing to pay for stocks. what are these new evaluations going forward with these types of risks in a rising rate environment? and we've seen a big shift from growth into value and value starting to

erin gibbs is here, so is susan li to talk about all of this with us. erin, we had facebook last night after the bell. the stock sold off initially and then it came back. so we were wonder something that facebook specific or maybe some sort of a turning point in markets or how do you read into all this? >> recently earnings season, the individual reports have not matter so much. when you go through periods of high volatility, with sharp down days and rebound day, what really overtakes is overall sentiment toward the market and not individual stock reports. we've seen that throughout earnings season. some days you have a great report, your stock fills tanks. and today market up a lot, looking at facebook beta we would expect it up above the market value which is exactly what is happening. for us when you're in these super volatile environments, correlations across stocks sharply rise, everybody kind of acts the same way. this is sort of expected. we're really happy most stocks will be up today. connell: right. to. just paying attention to the tense erin

treasury yields surged to multi-year highs and mortgage rates do as well morgan gibbs and bill baruchs point? love them, loathe them >> i wouldn't quite say loathe definitely stay away as you said, the interest rates, those mortgage rates are keeping potential buyers on the side but on the other side, home builders are facing massive raises in costs. they're having trouble finding skilled construction workers so you've got higher cost in building, higher prices from a consumer perspective and that's just really making the earnings growth tank and so we're seeing a big decline in earnings growth for the second half of this year and even worse, 1/4 of the growth next year. for us until we start seeing somewhat of a slowdown in this earnings growth for stability, we'd recommend staying away. >> erin has laid out the recipe beautifully in this rising economy. home builders are sinking. is there any relief in sight after they've dropped so much? >> very ugly chart peaked in january. the selling picked up in september as treasury yields rose they roared higher and rising yields are not good

and the question is, did somebody else have those weapons and gibb those weapons to him. all of these are questions that have to be answered and believe me they're going to find the answers. >> arthel: i have a final question, i need a quick answer. it's very sensitive. you have what special agent jones described as the most horrific crime scene he has seen in 22 years. you have souls who have parished inside of the synagogue. they're are religious purposes as to you how soon they must be buried and so i ask you how much time does that give investigators to investigate thoroughly pour over that crime scene and how much time would they need on a situation like this? >> i believe they will respect the jewish community and they will do what they have to do within the time frame of those religious rules and regulations. that is so important to them and i believe we have sensitive law enforcement officers and that's exactly what's going to happen. >> arthel: i just got chills. it's horrible. >> i just said this. america should be wrapping their arms around every jewish person

that action mayjust be the therapy that giving your story and being listened to and empathised with gibbs course, but you are saying to victims of abuse if your abuser is dead, do not waste peace time? i am not saying that, but what i am trying to do is to have realistic expectations. people need to tell their stories. they need to tell their stories. they need closure. are you telling them to go to the police or not? yes, where it is appropriate, they should go to the police. what if the abuser is dead? there are other organisations, victim support groups as well, whatever it is, they can give some kind of closure. but we have had six years since jimmy savile. .. are you saying if the abuser is there, do not go to the police or go to the police?|j abuser is there, do not go to the police or go to the police? i am not saying that. for some people they will only feel there has been some sort of closure if they come forward to the police and give their story to the police and give their story to the police and give their story to the police. it may well be as a result of that no further act

he joins the likes of sir garfield sobers, herschelle gibbs and yuvraj singh to achieve the feat in allcomes down to the issue of border checks. our correspondent chris morris from the bbc‘s reality check is here to talk us through what actually gets checked at the eu's external borders. presumably there are always customs checks? there are and that is one of the biggest issues at the irish border but there are customs checks and evenif but there are customs checks and even if you have a free—trade agreement, for example, canada has a free—trade agreement with the eu, it isa free—trade agreement with the eu, it is a model which some people like but even though there are no tariffs or taxes paid on goods, there is still a customs infrastructure to check whether things are being done properly. so it is not the same as being ina properly. so it is not the same as being in a single market. there is another type of check which is related to that and that is checks on vat payments and this is an incredibly compact sparked off brexit which we haven't really paid much attention to but at some s