. >>> hugh johnson has seen his fair share of winning streaks is here to talk about the record run in stocks, now that the s&p has reached its current levels. welcome back, hugh. >> thank you very much, sue, nice to be with you. >> what do you make of this record run? and does it portend to you that perhaps we're in that bubble formation? or maybe not? >> yeah, no, obviously it's world of superlatives when we look at the financial markets. i think the real issue right now, for me anyway, is there's a seeming disconnect. yes, the economy is growing. but the stock market is doing much better than the economy would really allow, and quite frankly, that's because earnings have been so good. now, the question is, is this therefore a speculative bubble? i would have to answer that question, no, it's not a speculative bubble, sue, because kind of a defining characteristic of a bubble, which includes valuation being very extreme, i don't think that's the case. lots of leverage or borrowing in order to buy stocks, i don't think that's the case. and probably the most puzzling feature of all, su

women are diagnosed with ovarian cancer every year the autopsy of these women that died by hughes and johnson and johnson actually they found the talc inside the ovarian tumor there wasn't any guesswork here is early one nine hundred seventy one johnson and johnson had way more than enough information to begin asking questions about how the talc might cause cancer in women they knew the answer to it nine hundred seventy one scientists discovered particles of talc imbedded in ovarian cervical tumors and their very lives it's the earliest red flags for anybody but this judge says oh gee whiz they didn't have enough information in one thousand nine hundred eighty two another study clearly showed a woman's risk for contracting ovarian cancer doubled lindsay it doubled if they used talcum powder but this just this judge says oh gee whiz there wasn't enough information again you have to look at the source of this decision this is a this is a woman who's grown up with who's who of the u.s. chamber of commerce she comes from a defense firm called morrison foerster appointed by schwartz and i go why b

away i come back and say what does this have to do with pepsico we had that great interview with hugh johnson is the lone survivor but it's the best house in a neighborhood that people just wake up and say zillow just said we're worth even less. we should have spencer, remember the days he used to come here? >> i do. this estimate keeps going down. >> yes, zestimat, exactly. >> very important story. >> like nike, there are these dominant brands facing margin pressure in north america because of disruption in retail. >> let's go back to that unbelievably smart mccormick acquisition which we didn't talk about. i knew about the old bay tie but mccormack buys frank which is you can put that stuff on anything kraft heinz is ketchup they have the moderate, the lot, the this, the that, the disposable you know what? that can go away kraft -- i mean, look i happen to like kraft heinz for one reason, they have a cheese that goes -- when you go to gino's with me, you'll never do that, you want to whiz whip. and that's the last bastion of growth. >> velveeta. >> another thing investors are talking about

pepsi did give a full earnings forecast that is above street consensus, and you won't want to miss hugh johnsont's at 9:10 a.m. eastern time >>> the e.u. ordering amazon to pay about $295 million in back taxes to lum emburg. the on-line retailer was given an unfair tax advantage beginning in 2003. the e.u. also saying it would take ireland to the european court of justice ford's failure to recover up to $15 billion of tax due from apple. the commissioner said it's been more than a year since e.u. ordered to pay back taxes, and ireland has failed to collect. russian president vladimir putin says the rhetoric around the north korea missile crisis should be dialed back, and argues ways other than diplomacy to resolve the situation are at a dead end speaking at an event earlier in moscow this morning, he condemned pyongyang's actions. he also says a hopes a mutual interest in fighting terrorism will help improve ties between russia and the u.s >>> yahoo now says that every single account was compromised in the 2013 attack, and that's three billion. three billion accounts the company previously said

hughes is live in woodbridge with the terrifying details. and also breaking overnight -- virginia state police issuing a silver alert for a critical missing woman. 65-year-old nannea johnson was last seen at the springfield healthplex hospital when she walked off from her caretaker. johnson suffers from a cognitive impairment and is in need of medication.' call police if you see her. also breaking overnight. one person is dead - after a shooting near the university of utah. police are searching for this man - 24-year-old austin boutain believed to be the gunman. a shelter in place for students and staff was just lifted. right now at least 8 law enforcement agencies including the fbi are searching for boutain who is considered armed and dangerous. now to a story we're watching closely this morning in one of our area's big school districts. today is the deadline for an investigation into graduation rates in prince george's county schools. it follows claims of grade fixing in the district. maryland bureau chief brad bell has learned the report should be in on time -- but probably will not be made public for a few days. download the abc seven app to get an update sent right t

johnson of wisconsin, senator, good afternoon, sir. >> hello, chuck. how ya doing? >> right before i -- did a stint on hugh hewitt's radio show it's my understanding you were on the show this morning and he indicated you essentially made the case, how can i support this bill if it can't pats hou pass house. so if you're convinced it can pass the house you'll support this bill but won't if it can't pass the house? is that where you are? >> i've been working with the house a number of monthing recognizing it's a real problem. a real botched deal on democrats when they passed obamacare not providing legal cost sharing for cost sharing deseductions. bottom line, insurance companies get paid either way. s fix is in. cost sharing reductions or increase premiums and the american taxpayer will be out cbo and have another $194 billion. so i think it's a legitimate point of view on the part of republicans to really resist trying to fund these unsustainable markets. that's a legitimate point of view, but the reality is, if we don't fund these cost sharing deductions, people that are working hard, those individuals th

johnson thompson also included. greg rutherford is on the list. britain's fastest man will not travel, he's instead chose to focus on other competitions. that's the sport for now. hughat's once again been highlighted by sir david attenborough ahead of the new series of the bbc‘s blue planet; here's one story involving this type of bird, the albatross. plastics are crucially important. it's heartbreaking, of course, the one i would choose as most heartbreaking i suppose because i feel so strongly, are the albatross. the albatross are such marvellous birds, you know. they form partnerships for 50 years, they circle the an turkty coo collecting food, they come back to their mates at the same place but also feed their young. not sand eels, fish and squad comes out of their mouth — plastic. it's heartbreaking. with me now to discuss the issue is alice ellison, head of environment at the british retail consortium and also i'm joined by sam barratt from the un's environment programme shejoins me from nairobi in kenya. first of all, alice you are not necessarily sold on this idea. why not? i think we all agree we need to reduce pollution in the ocean. uk retailers are looki