is that what your report is showing? there is similar.nificant amount of hedging on the future. selling oil for 2017. that is keeping the back and more depressed. prices in the future remain more contained. how long that will last? that is the big question at the moment. the market has been driven by supply disruptions. if those's supply disruptions last longer we could see prices move up higher. we have seen it in nigeria and canada. is that having a substantial effect on the market now? having a very big effect on the market. take nigeria. it is at the lowest level for nearly 30 years. militants in the delta are blowing up key pipelines owned by companies including chevron. that is something we have not seen in at least six years. securitying consultants and analysts worried. a point that is difficult to repair. canada is probably a short-term story. they are putting pressure on production but altogether around the world, we are looking at 2.5 million barrels. oft is like losing the whole kuwait for a few weeks. jonathan: a few weeks. i

it is not a democracy, is it? >> is not a democracy, but it is a very young and dynamic country.is opening up more and more to business. they want more investment from u.s. companies, from foreign firms. they are trying to open up their economy. even though it is not a democracy, it is very much open for business. olus, president obama has also said they will lift the ban on lega lethal arsenals sales. do we know what they are ready to sell? >> that is a question that hasn't been answered. the president said this would be a case-by-case basis. there is still the issue of human rights for any of these sales are made. the u.s. government will have to do an assessment and make sure the record is in line. they will most likely look at maritime access and equipment. this deal, where the vietnamese are looking for more help. toluse, traveling with the president. tom, when you look at trade around the world and the possible deals, this is quite significant. sri, what is your take? is it only the first process of a much more engaged u.s.? >> i think it is the first stage, as you said, in

it is a company that is pull iing back at the wholesale and so one thing to look at is that they isave been pulling back on the wholesale to try to get the inventory as in check and not as significant as others are assuming. >> erinn, it is josh brown, and why should we think that they are g are going to be trading back at the multiple given that the cachet of the brand is at least gone for now, just like what coach went through, and number two, the fashion bloggers and the people who are more focused on the clothes than the company say that the stores are not what they were, and there a little bit of the chaos in terms of the mix, and so why should this get the old multiple back. >> and well, it is not the old multiple, but it is an average apparel group multiple right now which is about 15 times, but assuming it gets back to the level, the rational is that it has growth ahead of it in other parts of the world. you have 20% of the business in europe that can accelerate from here, and you have got other international catalysts whether it is china or what they are doing in korea and

is 30%, and they are doing it at 4.6%, and all it is going to do is to hasten the outflow or the outflow capital as the investors are worry and the chinese are wor worried about how much lower is this going to go? as you recall, they heightened the bet and raised it, so i think that to jim's point that, you can't have confidence that they know what to do or they are going to do the right thing, and when you look at the accounting as well, and on jim's other side, it is long alibaba and still long on it? >> yes. i'm long j.b. as well, and they don't have the accounting issues of bau ba has, but the markets got a little sanguine with the investors about china is cured and fine and doing the right thing. >> and seemingly do the go from 18.10 to 20.80. >> how is that rebalancing story working for them? the consumers and the services as they open up the spigots and still building more condose and airport airports. >> right. it has gone back to the infrastructure they said they would not build, and added to the debt piles, and it is gotten to the point of nonperforming loans with, we have a de

that is what is going to be put in place. reporter: australia continues to be a bet on china. >> we saw, driven by commodity prices. the economy does well. guy: what kind of job is he going to do? is too much of an inventory overhang. we have seen a real rally. speculatively purchasing those. record inventories. copper, record inventories. it is hard to see a sustained rally. guy: we need to talk about what is happening with the feds. >> we are putting a lot of people back to work. growth overall isn't climbing very fast. that implies we may be in for a slower growth time in the future and we don't fully understand why that is. how much is noise in the data. guy: what could change that? donald could potential he. jeffrey good whack says we should prepare for a donald trump presidency. said ify manager trouble wins the white house, the ratio of public debt to gdp will rise. patrickt back to armstrong. should we be preparing for that? to bek: we've got prepared. i don't do get is a likely outcome. the support for trump is 30% p

that is what is concerning me. if we run a third-party, we may very well and of getting hillary and office. in office. the second thing that concerns me is this in choir that hillary is talking about. it is an investigation. the fbi does investigations. not inquiries. i'm concerned, and i haven't heard any news media, what is in the works. -- is hillary has lied. is there a presidential party possibly in the works to exempt her before she gets in office? is that possible? let me just ask you about timelines. host: do you have any sense of when the justice department will indict her? guest: i do not. reporting on that is often difficult. it is a black rocks. it is a lot like the supreme court, there's only so far you can go. there has been some great reporting on both institutions of course in the past decades. as a reporter when these investigations are going on, it is just not a normal reporting process. we've heard a lot of speculation . i can't sit here and tell you exactly what the fbi's going to do. i have bee

he is a guy that says anything, and if that is what it is, and he is a guy that says anything, and h does not have any intention of doing anything, and if the country gives him the power that we are going to give h him, okay. then they are nerf balls, but actually the country is going to be arming him with a nuclear arsenal and an incredible machinery to go after anybody that he does not like. so we better be pretty confident and mark cuban better be confident that he is just fooling around and saying that stuff. >> i will try to circle that view with what you said about him in iowa in january, and that is that he was a reasonable candidate and credible candidate before he was taken seriously. >> look, he says many reasonable thing, and views, and one of the things that is so appealing about him is that he has views that democrats would espouse, big on the infrastructure spending, and eliminate the tax loopholes for the private equity funds and hedge funds, and wildly praisable, and he is charming and funny and charisma, and everybody likes that and practical, but he has also said so

and that is what is happening here. and so, the mayor and there are some supervisors and they vouch for the buses, and the modern buses. but our communication system is primitive and wlfr the presentations are given the evaluation from the experts and so we know that we have to go to the other agencies as far as la and other place to get parts. but the people at home should know how stupid we are that in the year 2016, we don't have a mun indication system that works and so the responsibility of such a thing kind of falls a little bit on the board of supervisors who represent. and now we have today, is a very hot day. and we have had five, six, 7, buses break down. new buses. i would like the mayor to know this and the supervisors who bought these new buses on board to know this. what we are having here is the san francisco county transportation authority, and spoke about some candidates. and this candidate should know about this. i have been accounting this weekend from, i don't know, maria, will tell you from i don't

trump, there is a sense he is on your side. that is populist.y of he will have a swinging it to bring everyone together. i want to argue it would be good , and,e more mobility indeed, equality would follow. i call that socialist ends. the difference between the party is that trump's party once that wantnts that and the dems that. there are two ways to get there. one is by socialism and the other is by capitalism. we should get rid of the things preventing people. host:

so already we have an expectation out there and haulz have is there is, and always have is there is contingencynning. hippa is scaleable and doesn't have the expectations for larger facilities that are larger and larger resourced. but this is a threat now that everyone should be aware of. and if you don't have the contingency planning in place, you're a target if you are not already being targeted and having that in place will arm you so much better to be able to resist something like this. you are either going to pay for security, or you might be paying for ransom. but you don't get out of this without putting resources at this problem. ms. kenan: and is this security something, a lot of the small rural hospitals, they've had a lot of demands on them. ms. mcgraw: yes. ms. kenan: and it is not, not blamed on obama care. there is real issues, many complicated issues facing rural hospitals and health i.t. is i one. don't want to use the word burden, financially it is a burden, it is hard. is the security so expensive that they are going to go under, they are going to have to consolidate and lose

it is interesting to see is not anho extremist, who is not angry, who is not left behind, who is notfsupports trump for these other reasons that other people do not see. how personal this connection seems. his trump missing a trick by not getting more friends and business people that know him as a man, no his relationship with his children, how he is still with his family. that interview was quite revealing of trump's personality. should he be doing more of that? erik: i suspect he is doing some of that behind the scenes but you have to believe there are more people like tom barrack out there that have dealt with him over the years and fined him to be a far more agreeable sort than most of us might see based on his public persona and the hyperbole at his rallies. said, there are probably a number of people who feel like they have been burned by donald trump and they are not as likely to get behind his candidacy. david: erik schatzker, thank you for some -- inky so much for bringing that interview. jonathan: the un's role in global transactions is shrinking. we show you the charts and

the piece is called -- host: the piece is called this is fun, right? you can follow the road to the white house on her website. jackie in philadelphia. you are calling on the republican line. good morning. caller: good morning. i would like to make a reference between mother angelica and donald trump. i read this on a long time ago, but i can't find a paper. i will try to save from memory. i'm 80 years old. i love donald trump. and i love mother angelica. i watched her occasionally. she is a smart woman. someone would call into her i mother called and said that her daughter had brought a boyfriend to live in the house and the mother did not like it. said to mother angelica, i don't know what to do, how do i get them out? and all of a sudden she says and she pointed downwards, she said while, since they are headed that way anyhow, ell. them to go to h i found the contrast interesting. what would people say? oh donald trump said this, well, he's terrible. look what he says. the curry curses, whatever. that is what i just said this morning. i would like t

rain is in lieu is delaware, across cape may. there is a flood advisory for mercer county and burlington county this morning and a little part of the bucks as well where we saw some heavy downpours earlier, and we're going to see that flooding recede, hopefully over next hour or so. 72 degrees right the now in philadelphia. sixty in mount pocono. sixty-seven in reading. seventy in wilmington delaware and 71 in atlantic city. your memorial day fox cast, does have rain in it, not every minute and that is key part of this. it is on and off rain throughout the day. even when it is off it will be cloudy, 80 degrees our high temperature and very humid all day long. that is your weather authority forecast. it is time to look at traffic at two minutes after 7:00, starting off at route 422, the at troop are road, normally very busy but not on a holiday. very few cars, this morning, four or five or 6:00 there but an ever turn vehicle, still on the right-hand lane on the northeast extension southbound between quakertown and lansdale. that w

this is dramatic and this is drama. what she is known known for is news. a choice to do one or other. if you start to do both, you're not in the editing booth to guide the editor along journalistic lines this is what you get. this is what you get. as journalist what i know in truth-telling in that narrative, if the truth does not sell a story you as a journalist are not allowed to make up the difference and if she watched it and didn't see that is problem, i'm wondering did she watch it before it aired? i have all sorts of questions. >> what should happen to her, her future as journalist. >> harris is hitting the nail on the head. her credibility is certainly in question. this is why she has to do a cleanup job, right? i respectfully disagree with something you say. i don't think this indication of liberal bias. i agree it is confirmation bias. many political documentaries from the right or the left go into the process with preconceived notion. they have a conclusion from the front end. they create a story and narrative to support that narrative. you're ri

it is not certain it is a great thing. it is certainly true that allows us more leeway on the central banking side than we would otherwise have. it is easier for us to borrow because central banks around the world want to hold reserves in dollars. but it is not clear when you look at fiscal properties that having it easy to borrow works out well for us. in some ways it creates bad habits that may in the end come back to bite us. that is a discussion for another day but i am concerned about the u.s. fiscal situation and the debt. first and foremost i praised the feds' response in 2008 but one of the most large failers was on the feds. they had the authority to crackdown on the mortgage market. the subprime mortgage market and other things that were clear in 2008 that lending spenders were a total force. in 2005 my dog was preapproved for a visa card with an $18,000 cred limit. if you are smoking in bed and you live in georgetown it is our problem and therefore there are layers of kinds of things we will try to do. we will s

and that is what is happening here. and so, the mayor and there are some supervisors and they vouch for the buses, and the modern buses. but our communication system is primitive and wlfr the presentations are given the evaluation from the experts and so we know that we have to go to the other agencies as far as la and other place to get parts. but the people at home should know how stupid we are that in the year 2016, we don't have a mun indication system that works and so the responsibility of such a thing kind of falls a little bit on the board of supervisors who represent. and now we have today, is a very hot day. and we have had five, six, 7, buses break down. new buses. i would like the mayor to know this and the supervisors who bought these new buses on board to know this. what we are having here is the san francisco county transportation authority, and spoke about some candidates. and this candidate should know about this. i have been accounting this weekend from, i don't know, maria, will tell you from i don't

times is not. that rant is a trusted brand. does that brand is a trusted brand.onetization at a dollar per user per year. if we can show that growth and know we are doing a good job, figuring out how to get the brand higher, suddenly, it's a great business. alix: those who say you are doing it to attract a higher premium, that's hogwash? >> i am an investor locked up for the next three years. i came in as an investor. i believe there is a time of value in his company. scarlet: another thing that is not discussed with newspaper publishers is culture. it's vital to any dealer partnership or alliance. what is the culture at tribune and how does it fit or not fit with some of the other big players? >> we are a content first culture. that means that like we announced yesterday, while everyone is cutting, we said we will be giving raises to our journalists opening offices around the world. we want to cover entertainment, lifestyle, media in the media capitals because people are interested in what's happening in fashion and restaurant and film and theater and seeing how

that is why i like the gdp numbers is that is a confluence of data. then, let's see what happens when the next jobs numbers. alix: you agree with the forecast and you agree the .arket is correct shouldn't you be expecting some kind of qe4 or negative rate because of things are that bad? steven: i am saying the economy is running at a very slow trajectory. the gdp numbers says .5 and that will probably be revised to one. on average we will probably be around 1.75 this year. it is not great, not horrible. the fed should leave things alone. evans on may 9, and they going to say anything that will move markets in one direction or another? steven: they are having the debate in public and they have been having the debate in public. the confluence of people that spoke this week versus next week , i think you will have more measure so it has less of an impact. alix: steve, thank you very much for being here. a little bit of cold water on the optimistic part of the job report. scarlet: that is a live shot of the white house brady press room . we are waiting fo

, and that is what my very is all about. he comes to court saying, i want you, the judges, to order james madison, who is jefferson's wing man as secretary of state, i want you, john marshall to order medicine to give this guy a piece of paper saying to use a judge. remember, adams was trying to pass the judiciary on with all of these federalist types. marshall is afraid if he does that, he's going to be impeached and maybe convicted. that is actually only the second worst scenario. the best scenario is he will be ignored and made a fool of. second best he will be impeached. i will tell you why he thinks that. remember, we have an advantage, and we know how history turns out that he does not. thomas jefferson is in france. he says lots of things about the french revolution. the tree of liberty must be watered by the blood of tyrants. it is the natural manure. he does not know that this guy is not going to be a hugo chavez type. batferson does a lot of crazy stuff. why is he thinking he might be? he doesn't. he says jefferson

is that a reflection of where tv is today? or does it should just let the networks just are not interested in having that type of programming? think the latter. it has been almost a decade now since we had the last regular scheduled series rated g. it shows that there still is a market for family-friendly -- as long as it is well producing good production by, there is a huge market for. i think that the networks , i don't know anyone who attends a trust to her children or tries to just push the envelope. when they see something out there that is successful, they try to make it a little more edgy, a little bit more provocative. they have gotten away from broadcasting to a broad market. has prettyly tbg much become a dinosaur except for this one sure recently. >> is that a reflection of the fact that with cable, consumers of summary options are ready for exquisite shows, that the networks feel pressure to maybe compete more directly with the cable shows? >> it is ironic that the broadcast ever feel a need to compete with the cab

what is happening is there is a move to quality. a move to performance. people who will be left in that business will be very well. the people who are marginal performers will not. in a normal environment 20% of hedge funds go out of business every year. that is a normal environment. what are we looking at now? a slightly abnormal environment. yvonne: those interviews with treasury secretary jack lew took place the milken institute local conference. we will have much more from the gathering of the world's leading thinkers and doers in business and finance. this is "bloomberg best." ♪ ♪ yvonne: you are watching "bloomberg best." this week we caught up with some of the biggest names in business, finance, politics and economic policy at the milken institute global conference in los angeles. from tax reform to the future of hedge funds, the risk of brexit, here is a look back at some of our most interesting conversations. >> the united states is the only country, the only one of the developed countries that taxes not only when he earned in the united states i

the present system is anti-work. it is almost a war on work. and that is insane. we ought to be helping people get out of the system at the very least. i did mention the effect is popping up wages. that is very good. it requires filing an income tax return, it was basically designed originally to refund low income people any federal income tax that had been wi withheld from their wages but tops the amounts considerable more than has been held. it makes work pay. it has contributed substantially to getting people out of welfare and into work and to take a job that may pay $7-$8 but when you get the eitc benefit it is the same, again with the cumbersome process, as earning $12-$13 per hour and that is the right way to go about it. i agree about the plethora of benefits, housing, food, etc, is very patronizing and to the extent we can give people money and let them make their own decisions about their own lives and set their own priorities. >> we have seen some states like kansas and missouri coming down with drug testing of recipients and the prohibition of buying s

but now, is donald bluffing or is he opening a full house?l hillary be saved by the bill or can donald exploit those not so wonder years? >> i have no idea what i'm doing. >> tonight, mark and john explain it all, so you won't be clueless. we have all that and more on this special edition of "wadr: i love the 1990's." john: there is something more recent than those wonder years. hillary clinton and donald trump. >> the state department's inspector general released a report on hillary clinton's use of the world's most famous private e-mail system while she was serving a secretary of state. this scathing report confirms a lot of things we already knew, like that her e-mail practices violated state department rules, but also that she was not the only secretary of state to do government business on a personal account. still, is very tough report, written by barack obama's government, also told us some new and important things. first, clinton herself in some of her aides did not cooperate with the investigation; second, when some staffers raise qu

africa is a big question mark it; it is a frontier.un, it has potential, tremendous but in the short run, it remains small and the global economy. guy: what are those countries with big current-account deficits? turkey -- i'm sure you have some it to say on that. south africa, you just referenced africa. how do you think they will fare? at the moment the fed is throwing them lifeline. >> yeah. south africa, it's a big political problem, the uncertainty is very high. the inequality is very high. with nigeria, these are the big economies in africa of course, and it has great potential, that i think in the short-term it needs a lot of reform and a lot of political reform also. guy: yeah. if you look at brazil, at south africa -- in many ways they have a similar problem, which is political instability. they appear to be different. can we compare his contrast -- is there a theme that runs through the instability story? well, i think brazil is a much larger country, a much larger economy. south africa -- it is quite small compared to brazil.

home depot is outpacing lows in which is the blue line. 's which is the blue line.ricans are fixing up their homes, home depot prospers. there is correlation with the remodeling market index which surveys remodelers on it quarterly basis, how much work they are getting. any work above 50 is an increase . it is still holding above that if the line. home depot also beats out lowe's when it comes to stock price. walmart is in light blue. according to analysts, one part of the success is strength and building new stores. america is seen as over stored -- over-malled, and over-retailed. reports earnings tuesday before the u.s. opening bell. this with thecuss senior equity analyst. it has been in the news with department stores and other retailers. is there an amazon effect with home depot, or are they amazon in unit -- immune? >> it may be smaller for the , butmer side, paint largely the protected, 35% of sales come from the pro that wants specific row brands, pick up the curbside and go to did job. they are playing with this and players like lumberyard or whatnot. they

there is the 1st part. here is the 2nd part. there is a built-in system for resiliency. an individual like terrence mcneil arrested for terrorism related charges last fall, by the time he was arrested he was 21, been kicked off 14 different times. there is a isis i could chamber that has shouts and say here is normal eight, everyone follow him. there's a built-in system and says we know your getting kicked off comeau what the helpbut the help other people to make sure they get back on. from a research perspective, you clearly want more data is much as you possibly can. is clearly a balancing act on whether it is a necessary way. i tend to be more on the positive encounter come although there is some instance where i think it is warranted. >> we have been encouraged by companies enforcing terms of service. america chambers out there where they are posting violent tweets and beheading videos now, where there may be some limited cases in which they can be helpful in there is some intelligence, that can be communicated, but for the most part i agree with this view on it. it

is speat right -- is pete right? they say these strong men -- they keep this country alive to exploit. >> you don't under fashion. it is not capitalism. it is art and self-expression. cubans are able to express themselves. >> it is not about -- it doesn't matter, pete. >> isn't it perfect that a castro is involved in this and he wants to get involved in the fashion industry? >> >> cuba is like a mofia country. it is saudi arabia with better weather. it is a gangster country and ridiculous to think people are going to get anything. i think it is odd that cuba will bypass the castro years and go back to the cuba of "the godfather" where this is a great place and come to the casino and pretend none of this happened and wake up from that dream and it is not going to work out. >> it is a gangster's paradise. >> would you say it is better -- would you have cepped the embargo or opened relations? >> i'm sorry. i am distracted by the reference of "gangster's paradise." >> we got nothing in return. they are people of could yo

>> it is very far. there is no question it is going through a civil war. it has been going through a crisis of identity and a civil war for some time. it is now that they have a general. the people that are so angry at washington that they can believe in and rely on in donald trump. that is absolutely what we are seeing. to your point earlier about how it is going to play. again, the problem for trump is that he doesn't have all these people behind him. the good thing for donald trump is that he does have these ardent supporters who are continuing to say we are going to go to the matt with hio the matter what. fellow republicans just don't get it. that is what we are continuing to see and we will see even and specially as we head into this big meeting this week don with republican leaders and the house and the senate and donald trump. i will make a prediction to you that they will all come out and it will sound like there is sort of a kumbya moment. they have been laying the ground work if you listen closely to what they are saying. it is not in anybody's

energy is slightly lower. so is technology.ig into consumer discretionary and if you look at the best performers, you have the casino ofpany, came in with a drop 9.5 percent, but better than the 13.5% that we anticipated by analysts. amazon getting a lift perhaps from positive comments from berkshirefett at the hathaway meeting. he praised jeff bezos saying he is a good leader of the company, that could be giving it a left. we have been watching apple as of late. the stock is down for the eighth straight session. we have not seen a losing streak leasthis for apple and at 10 years. it has been quite unusual. want to compare it without the bet. one of the ways we like to track the two is to look at the market cap comparison. out of that the largest company -- alphabet, the largest company in the world. bigger than google, but the gap is shrinking obviously as apple shares continue to pull back. mark? mark: look at the function which shows you which volume is like. the average volume is about 30% to 50% below the daily average of

that is a smoking gun is it is proved to be true.the same time, you need to expect that they will have a lot to answer for, that will be the role going ahead, looking -- seeing the scandal through, following up with the government, deciding on payments as well. you will expect that nissan will be plotting the company's future and how it will integrate the carmaker. yvonne: good news, at least for investors today. thank you. we'll take another look at that story later on. we want your opinion. you can always message as. -- us. sharp -- an initial review of the company by anyone or reveals -- new owner, reveals and efficiency throughout and production described as subpar. peter metellus more about the review -- tell us more about the review. give us highlights. >> sure. so we have our hands on the internal memo that was sent to employees at sharp, this is his first letter to them since he won the battle to gain control of the company. he told them that there is a harsh reality that they need to face. that financial performance as deter

what is happening right now? >> reporter: this is what is going on right now. the sheriff's department brought judge steven manly here to the scene. he is an expert in mental health and they are hoping he can talk to the man or advise negotiators what to try next. >> they took away the yellow tarp that he was using to keep warm. he is 25-year-old kyle lewis and he is on probation for drug-related crimes. he climbed on top this morning at 1:20. saying he wanted to disrupt the commute. half of the daily riders are affected by this incident. they had to shut downpour to the area so he wouldn't electrocute them self and they can't move trains south of the yard from here. they push them along the track. so far, they have been able to move five of them. they hope to expand service by the afternoon commute and rely on bus service this morning. >>> the plan is to try to get as many trains north of the incident scene as we can. and start running service from mountain view to the rock. >>> we are running train service about every 30 minutes between mountain view and bay

with a computer is telling us is telling computer us about this image is that there is a very high probabilitylanoma. what we are finding in our internal retrospective research is that the computer can be as accurate as 95%. so this compares to the best clinical experts today that are between 75% and 84% recognizing melanoma. it is not a tool that would replace the clinical experts. rather, it provides them with additional analysis over the skin lesion images by providing reaches into large databases of similar lesions. narrator: this is a vision of the future where humans and machines work hand-in-hand, complementing one another's skills. >> i look forward to a time when every professional, in fact, 2,000,000,000 to 3 billion professionals around the world are all able to have their own personal cognitive assistant to help them do their daily jobs. that changes the nature of expertise. humanity would move to a completely different place and how we apply our knowledge and experience into real-world problems and therefore make the world a better place. just like we have had machines that could

it is there -- it is i tep.org.ny is on the line for those raven paid -- paid taxes in the past. go ahead. haven't paid my taxes and about six or seven years. i'm on disability and that -- and i make just under 13,000 year. i really don't make much. i'm barely getting by and i think last your when i checked, i didn't even check this year. last euro would've owed about $125 because i don't have any tax taken out. how much trouble can i get in $125?t paying can i apply the earned income tax credit? i've never checked it out. guest: a couple things. so the earned income tax credit. that depends on your family situation, whether your children the house, with your married or single. the earned income for childless worker is fairly small. let me preface this by saying i am not a tax attorney or accountant, so you should seek professional advice not from a journalist on your own tax situation. it's always a good idea to file rather than not to file. even if the amount you oh is relatively low. a, you may have the calculati

that is what he is talking about. in they are yeting people who don't have a name, that is a problem. we consider that to be phony. i am giving you thattance as a national campaign spokesperson. donald trump was speaking to the phony reports. >> it has more credibility when i hear you say it on camera it has more croweddibility. >> bill cosby is holding to trial. will that be the ultimate media circus. but the silicon valley billionaire who secretly got >> bizarre twist in the gawker case now the $140 million verdict has been upheld over the posting of the sex tape of the wrestler and his best friend's wife. >> all i want dead know what for everyone to know what gawker is about. and they destroy lives. >> a mystery man was said by "new york times" to secretly bankroll. what was the message? it is peter thiel billionaire, co-founder of pay pal. nine years ago a blog publish add story under the headline peter thiel is totally gay. outing the businessman who is not totally public about his sexual. he told the columnist t

there is no rules fight. it is 54-2. it is that kind of stuff where you bog down organizations with click bait and give an answer for things that are inaccurate. it was inaccurate. there was no rules fight. it was smooth sailing. mr. allen: some of the stories said you were prepared for a rules fight. we want to welcome our c-span viewers and thank c-span for carrying this live. please shoot us your questions. do you agree with donald trump that beating hillary would be easy? mr. priebus: i don't know he said that. [laughter] mr. allen: he said in indiana 48 hours ago i have not even started yet. now i will start focusing on hillary, and it is going to be so easy, so great. [laughter] mr. priebus: you know, look, i don't think anyone would have predicted trump in this fashion would have taken out 16 other candidates. he has certainly defied the odds. and i would say -- i personally don't think it will be easy because i think raising the money, building the ground game, having the data, targeting voters. the truth is our

that is what one analyst is saying.will be back. ♪ betty: stocks are rallying for a third straight session. on pace for prospective gains in a month. julie hyman is standing by with how the options market is trading. you.: thank with me right now to talk about the options insight is allen, chief strategist at bull's-eye options out in chicago at the cboe. the vix. slump in is it five straight sessions we have seen the vix going, and yet they're still feared -- it still feels like, even though we are rallying, there is underlying sentiment problem. are you seeing that still expressed in the options market? >> fear is a natural emotion. stocks may do lows last week, it did not punch about that 17, so we saw bullish diversions and since that time, the market bounced back, showing the sellers were may be a bit tired. thanmorning, we had more call buyers, which usually does not happen. that changed at noon. now there is more on the session. heavy volume here today. that is interesting there is heavy volume because overall, y

is that where she is?n the spread sheets, i think she will be a fantastic president if she is given the opportunity. >> she is awkward now as a campaigner. >> and the difference to me is the amount of socialists, we always knew they existed. but bernie sanders brought them out. >> we don't know what socialism even means, have you seen people ask what it means? >> i mean, there were 60-year-olds telling me they want socialism. >> they want their social security in four years. >> yeah, they want you to pay for it. how do you feel about that mr. democrat? >> social security, of course i want it. taxing my paper route money since i was 12, i want to get it when i'm in my 60s. >> you think we'll get it? >> in indiana? >> i think ted cruz will be a nail biter, but donald trump wins it. >> folks, remember to friend me on facebook and then follow me on twitter and don't forget my instagram, judge under score jeanine. thank you for joining us. and next we'll have the white house correspondents dinner. [ cheers and

that is he is telling people something that is not true.the exchange i had with cruz yesterday. >> regardless what happens in it state, nobody is getting to 1237. i'm not going to but donald trump isn't either. >> that is not true because he could if he wins this state. >> i don't believe he will. and ace mentioned in california, when you and i visited, the entire race will ultimately come down to california and i believe where we're headed is a contested convention in cleveland. reporter: so he wants to get to that contested convention. bill, if he loses and loses big tonight pressure will mount on cruz to drop out of the race because increasingly people in the republican party are thinking if donald trump looks like he is going to be nominee, is it really worth upheaval to the party to go into contested convention in july. bill: thank you, john. raining there like it is here. john roberts in indianapolis. martha: let's look at delegate count as it is heading into tonight's big contest in indiana. donald trump, 996, ted cruz 565, kasich ba

that is happening. that is good. the trade union bill is a separate issue i think that will be a success will be get the bill through. >> he used to say the u.k. needed "a charter of fundamental rights. our country had fund of all rights london for the eu charter for fundamental rights was invented. " why did this formed a part of the negotiation? mr. cameron: it did. we got a restate in reference at the charter of fundamental rights created no new rights in british law. . which of think is important i think we can address this even further when we are on the issue of the bill of rights, which we want to see enacted during this parliament. >> when the treaty was going through we described the lisbon treaty portico -- protocols described was as a fig leaf and worship -- worthless. that it hasclear the rights much broader than those set out in the european convention apply for the european court of justice. how can anyone have confidence if it will respect any legally binding agreements, even if they work within the tr

this is what it is about. the bottom line, our country is in trouble. if we don't put someone in the white house who knows how to create jobs and get things done our continue will deteriorate to a point where the middle-class will disappear. >> bottom line, do you stand by, does he stand by the comment that governor martinez is not doing everything she can to help the people of new mexico? >> this is not a republican issue. it is not a democrat issue. >> i am asking about governor martinez? >> we stand by that statement. we need to stop illegal immigrants coming across illegal i, build the bomb so american citizens have a chance to have their jobs first and not have them taken from someone outside the country would does not believe it. >> why does it stand with getting house speaker haul ryan to endorse trump and how worried are you and trump abut possibility of continued take a third party conservative run, perhaps, by mitt romney? >> look a third party run by any person is handing the party over to the democratic and four or five supreme court justice

he is headed where society is headed.s that are happening in north carolina, for example, when we think about all of the things the republican party has trouble with strategically and what it ought to be spending its time concerned about in terms of policy, lgbt bathroom lights is -- bathroom rights is on nobody's list. nobody care is about that. and by the way, even if you had these ridiculous laws, how do you enforce that? it is not a problem and you can't enforce it. this sends the message to voters republicans have their heads in the sand. they are stuck back in the 15th century and some of the stuff. that is a good term for trump, that he is shying away from some of those. mark: do you think other republicans have not moved on this issue because they are doing it out of principle or because they are worried about a backlash of their base? -- john: i never want to exclude the possibility that there is no principle in this. i think many cases, there was at least some element of political population. trying to bid voter

>> the worry is it is going to be more of a slog. i think they were projecting confidence in their plan because they had to change the plan back in march. so, i think they wanted to project that this was, they're back on track. it's just going to be more of the cutting story, but a slog is better than a surprise, which is what you got a couple months ago. tom: who will they end up merging with? is there a list of banks you talk about in london? who is going to put them out of their misery? >> he even said today they are not going to be merging with deutsche bank. you know, the problem is they are shrinking the investment bank. they are trying to build up and wealth management. and it's tough, they are having enough trouble with their own getting their own ship in order. to have a merger on top of that would certainly complicate things. so, i think they're more focused on showing some progress after a couple missteps with their turnaround. >> today could be the last day in office for president dilma rousseff. brazil's senate is schedu

there is so much we don't know. is the video horrifying? it is. we don't know if there was steering malfunction. we don't know if the driver was provoked. deirdre: we are assuming road rage, it's an assessment. >> when you have a videotape of your client committing a crime, that makes defending a client an incredible challenge. looks like a guy who drove his vehicle on purpose over a motorcycle with someone on it. >> how can you say on purpose based on the video, the intent isn't there. >> if he kept driving forward, i would say some issue with his health or having a medical episode and he lost track of the vehicle, but that doesn't appear to be what's happening. he then drove off. deirdre: looks like he was targeted. what if there was some road tension, meaning the motorcycle is too close, who knows, too close to the car, aggravating them. doesn't give the rights for the car driver to hit them on purpose. if he provoked it. >> we don't know if it was intentional. he drove away, people get in accidents, they get scared. that doesn't mean he intent

that is what is going on and the government refuses to say who the enemy is.l basically guilty. host: any thoughts? if you go to a place like holland, you have a wide variety of nationalities there. the government to extend all like they are terror suspects all the time. it is interesting. -- it would bes easy for the government to focus on real threats, but they chose to do that instead and the government gets a lot more powered by treating almost everybody as a threat. that books are somewhat homogenous, but my experience with tsa, tsa does not like me enough and i wanted to have a secret profile on roughneck in rednecks or people that radiate that this is a bunch of crap? host: mike, independent caller. caller: thank you so much for being on the program. it is really refreshing to hear. i wanted to ask you how much of a factor is -- like what rhetoric in all of this, phrases such as war on terror? guest: excellent question. the help for his war on terror, well, what is terror? government,e on [indiscernible] is almost that absurd, but if you look at some of

this is great. my people. this is my people.at hillary really is not essentially not fit to be president, and she is not qualified to be president, and you know why? he said because she suffers from bad judgment. so today, we had a terrible tragedy, a snd she came up to s that donald trump talked about islamic radical terrorism, and she won't use that term, because she refuses to use that term, and i am saying to myself, and it is a terrible thing, and he essentially shouldn't be running for office, and he doesn't have the right to run for office, and i am saying to myself, what just happened about 12 hours ago? a plane got blown out of the sky. and if anything, and if anybody thinks that it was not blown out of the sky, you are 100% wrong, folks. >> and so then, here is -- here is the are response that he wrote this as well. he said that the fact that h hillary believes is a temporary muslim ban promotes terrorism proves that bernie sanders is correct when he says that she is not qualified to be president. and look at the carna

apa is not just for apa it is for all americans it is not just for history that is written but history that continues to be wrimg written a couple weeks ago the board of supervisors passed same house, same call? for the filipino town even mission street the milestones there is milestones written we thank claude begin and e define and the volunteers of the asian pacific american heritage month and our co-chairs the whole village people lake this make this city happy asian pacific american heritage month and congratulations. >> thank you, mr. wells fargo. >> (laughter). thank you wells fargo >> so we really appreciate the long-standing relationship not a one, if you're here we expect and how you have a good time connecting with the community last year, we had folks joining us we're returning thank you, mr. dean (clapping) kim so you wonder to continue our support please talk to kim so, please look through our website our facebook and press packet to see all the people that make that happen the cities are very, very important part of this asian pacific american heritage month celebration

howreal question is just big is the deficit going to be. the forecast is about $35 billion. malcolm turnbull got this job in september. he rolled tony abbott. he argued the lack of economic direction. there is a lot of criticism at multiple terminal -- malcolm turnbull for dithering. seemost we are expecting to would be tax cuts for small to medium businesses. and a bit more of an aggressive approach towards multinational tax avoidance. rishaad: a really busy day. the reserve bank will also be meeting. likely to bes are cut, you said a flat-out no. things have really changed since the inflation rate last week. paul: economists are divided. a lot of them are thinking that the week cpi, the first inflation in australia for eight years will make the rba cut today. on the other hand, all of the other indicators look pretty good. unemployment is strong. the growth rate, 3% annualized is looking pretty healthy as well. there is plenty of argument for holding off. and the political argument. gettingdoes not like involved in politics and with the budget here today and possibly an el

it is not known how much money is needed there. they said the price tag in this case should not matter when the public is at risk as they believe they are right now. >> any indication whether or not the governor will understand what a dire situation it is and hand over money. >> no indication from the governor. he hasn't received the letter yet. from what i understand, the mayor of hercules is going to hand deliver the letter or try to tomorrow. up in sacrifice. no response yet from the governor on this. and the mayor feels optimistic and he feels very optimistic and governor brown is a rest den of the area and right will you so. travels the interstate 80 corridor quite often. to get to work. >> so, this should be an issue that is close to him and one that he can think about. >> he would open the door and at least have the conversation. >> i wouldn't see any reason why he wouldn't. >> city of the pittsburg is doing something on their own. >> they said we will put up city money. our own money. $100,000 to install cameras along highw

it is going to be easy, it is going to be so great. [laughter]. >> well, you know, look, i don't think anyone would have predicted that trump in this fashion would have, you know, taken out 16 other candidates. he certainly defied the odds. i would say that, first of all, i personally don't think it is going to be easy, i think raising money, building ground game, having data, targeting voters, the truth is our party is a great midterm party but we've had a real hard time winning presidential elections and it's nothing new. not just like this happened. in '04, it was 1:30 in the morning and still, fairly popular president had a, really tough time putting away i think horrible candidate as far as saleable in john kerry. we know what happened in 2000. '96 wasn't good. '92, clinton lost six primaries initially or something like that. obviously there was ross perot, but bush 41 was very popular president. last time we won with relative ease was 1988. i think it is a difficult task but i think we're up to it. i think we have a group, we hav