he was once dubbed the next warren buffett the now former ceo of sears eddie lampert spoke with jim stewart and jim will join us in a few minutes. >>> let's start off with this week, volatility continuing. this morning the market is gaining, the dow is up 180 as we watch rates. here's the goldman sachs ceo david solomon talking to wilfred frost yesterday. >> i would certainly not call rates high in any way right now and you don't have to go back that far in history to just have a different perspective. i think about my career. i started in 1984 and the 10-year treasury was around 11.5%. so there are different things that can affect rates over time but the fed has been pretty transparent. >> joining us to discuss this is david zervos, chief strategist at jeffreys who is live in mexico city this morning and at post 9 is the chief market strategist at kanter good morning to both of you. peter, david mentioned the treasury yield he said it's not about the

pulitzer prize winning columnist jim stewart is with us he's taking a close look at that story after speaking exclusively with mr. lampert quk t see iback after this the meeting of the executive finance committee is now in session. and... adjourned. business loans for eligible card members up to fifty thousand dollars, decided in as little as 60 seconds. the powerful backing of american express. don't do business without it. you're in the business of helping people.

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join us at post 9, pulitzer prize winning "new york times" columnist jim stewart delving into dealingsds all over america. very interesting here. not, i guess, a surprise he has so much power over this board, doesn't he, jim >> well, evidently i mean, you know, when we first saw this happen last week i was thinking to myself this is a textbook case of how not to handle an s.e.c. enforcement you negotiate a settlement, you get the commissioners on board, then at the last minute you pull the rug out from under it, refuse to settle, fight them, make a provocative statement that rubs salt in the wound of the s.e.c. and for claims that the guy has all this integrity when they have just cited tens if not scores of false statements i thought okay, what explains that the answer is he said it's my way or i'm walking out i don't get my way, i'm out of here which is rather immature behavior and the board caved faced with that as the dire alternative, he got his way. it's not just tesla. with any of these companies with a charismatic founder with a big chunk of stock who's willing to behave basica

lee absolutely with the beard with the reddish beard you look more like jim stewart but that's actually. let's take a look at a few things and write. these are the dead from gettysburg we visit the confederate section of the cemetery with the graves of around two thousand soldiers who died in gettysburg a battle lost by robert e. lee in one thousand nine hundred sixty three it was arguably the turning point in the world. heavy casualties. around fifty thousand soldiers from both sides died in that battle there are a lot of people that feel that those statues need to come down when you look at these monuments just on a pure abstract be they're beautiful works of art. beautiful works of art and then you've got the military brilliance of robert e. lee which is still studied by military theorists today the passion for this issue we is the sins of confederate ancestors they're our family we review the fact that we feel in our opinion they fought for a noble cause to overthrow it overbearing federal government would you want anybody to talk badly about your family. just the notion of family y

lee absolutely and with the beard with the reddish beard you look more like jim stewart but that's actually. let's take a look at a few things you greg. these are the dead from gettysburg. we visit the confederate section of the cemetery with the graves of around two thousand soldiers who died in gettysburg a battle lost by robert e. lee in one thousand nine hundred sixty three it was arguably the turning point in the war. heavy casualties. around fifty thousand soldiers from both sides died in that battle there are a lot of people that feel that the statues need to come down when you look at these monuments just on a pure abstract view they're beautiful works of art beautiful works of art and then you've got the military brilliance of robert e. lee which is still studied by military theorists today the passion for this issue we is the sins of confederate ancestors they're our family we revere the fact that we feel in our opinion they fought for a noble cause. to overthrow it overbearing federal government would you want anybody to talk badly about your family just the notion of family you

. >> jim stewart. >> jimmy stewart. >> like james stewart. >> he said over and over motive. motive motive when you think about the attack on short sellers ultimately that was really his point. and so continue to bring this up it's just -- nothing has been put in the rear view mirror. i don't think is going to come from this tweet from musk frankly backup but it does bakt what you said karen. >> doesn't he have anything better to do they are in production and delivery hell now. >> they are delivering supposedly. >> the numbers. >> he is busy, the upper ranks are kind of thin this isabsurd. why does he waist his time on twitter it's ridiculous. >> let's say you are a believer in tesla is this a reason why you should rethink the position. >> it's a reason to absolutely at least reconsider how comfortable you are with your position i'm not saying somebody who is long wants to complete le get out. but it seems like they had gotten out of the doghouse and elon jumped back in because of a lot what we see now we see the pressure getting back on the stock. so as a guy wh

pulitzer prize winning columnist jim stewart weighing in on this week's wild ride for stocks.ake on what it means for quk t seey.f the countr "sawonhetrt" will be right back place, the xfinity xfi gateway. and it's strengthened by xfi pods, which plug in to extend the wifi even farther, past anything that stands in its way. ...well almost anything. leave no room behind with xfi pods. simple. easy. awesome. click or visit a retail store today. >>> good morning, everyone i'm sue herera here's your cnbc news update at this hour. >>> a turkish court ruling to release american pastor andrew brunson from house arrest, sentencing him to three years, that's time he's already served. the lawyer for brunson who was at the heart of the diplomatic spat between ankara and washington says he will probably go back to the united states >>> the death toll from michael, the most powerful hurricane to hit the continental u.s. in more than 50 years rising to 11 in places like mexico, beach, florida, no property was left undamaged. some 900,000 homes and businesses in florida, alabama, georgia, an

joining us at post 9, "new york times" columnist jim stewart it's been a while since we've just talkeds is a great time to do it because my phone has been ringing off the hook with people saying should i sell i mean, no one has asked me should i buy which is really the right question my rule of thumb is -- and particularly for people who are -- tend to get panicky at moments like this -- never sell on a down day. maybe you'll miss a bit here and there but at least you will never give in to panicked feelings and my rule is never sell when there's panic the market. >> of course, that's not the rule hedge funds are taking right now who may be tin cementcement -- the incremental bid. >> i'm glad you brought up heads funds. look at their track record over the last ten years we're not hedge funds and i don't want to be a hedge fund and i don't want to be a trader. i'm not trying to dart in and out of the market. i take a long-term view, i have an asset allocation and i stick to it, which is what i recommend everyone else do by the way, if you have an asset allocation, look at it today the st

lee absolutely with the beard with the reddish being and you look more like jim stewart but that's actually let's take a look at a few things you've read. these are the dead from gettysburg we visit the confederate section of the cemetery with the graves of around two thousand soldiers who died in gettysburg a battle lost by robert e. lee in one thousand nine hundred sixty three it was arguably the turning point in the war. heavy casualties. around fifty thousand soldiers from both sides died in that battle there are a lot of people that feel that those statues need to come down when you look at these monuments just on a pure abstract be they're beautiful works of all were. beautiful works of art and then you've got the military brilliance of robert e. lee which is still studied by military theorists today the passion for this issue we is the sins of confederate ancestors they're our family we review the fact that we feel in our opinion they fought for a noble cause to overthrow it overbearing federal government would you want anybody to talk badly about your family. just the notion of fami

lee absolutely with the beard with the reddish beard you look more like jim stewart but that's actually. let's take a look at a few things here greg. these are the dead from gettysburg. we visit the confederate section of the cemetery with the graves of around two thousand soldiers who died in gettysburg a battle lost by robert e. lee in one thousand nine hundred sixty three it was arguably the turning point in the war. heavy casualties. around fifty thousand soldiers from both sides died in that battle there are a lot of people that feel that the statues need to come down when you look at these monuments just on a pure abstract view they're beautiful works of art beautiful works of art and then you've got the military brilliance of robert e. lee which is still studied by military theorists today the passion for this issue we is the sins of confederate ancestors they're our family we revere the fact that we feel in our opinion they fought for a noble cause. to overthrow it overbearing federal government would you want anybody to talk badly about your family just the notion of family you

jim, stewart has got in touch on text voicing what is probably the feeling of many out there, sayingthe message is clear in the report and in previous ipcc reports. the global warming that we have seen, 1 degrees above the preindustrial levels from the 19th century, you can attribute all of it almost too human activities and the carbon dioxide emissions put into the atmosphere. there is absolutely no ambiguity about that. every country in the world at ipcc, from tuvalu to saudi arabia, has signed up to that view. i don't think there is really any question about it. scientists have been quite clear and governments have now accepted that message. simon on email: why not stop all of these experts from jetting off around the world and while we are at it but attacks on jet fuel? and another one from andy: 0ne long haul flight another one from andy: 0ne long haul flight from sydney to london creates more, both sides than all the cards in one day. i have heard this and i would like to know if that is true. no. a quick answerfrom area. would like to know if that is true. no. a quick answer fr

jim, two titles each. accelerating beyond the great sirjackie stewart as the most successful britain in formula 1.ure in the sport —— by sunday, he could be. walt michal shumaker is still out front on seven titles, he won his last aged 35. hamilton is still only 33 and slowing down is not in his future. patrick gearey, bbc news. well, you can follow qualifying on bbc radio 5live sports extra from 6.55pm. manchester city manager pep guardiola believes the fight for the premier league title will be a five—horse race. the champions lead the division on goal difference over liverpool who are also unbeaten this season, and guardiola is expecting a battle to remain on top. there's just two points difference in four, five, six teams. it means they are still strong. you see the line—up, the first 11 or 12 that play from tottenham hotspur. so the last four, five, six years, tottenham is always there. two of the premier league's larger personalities will be in opposite dug—outs when liverpool host cardiff at anfield tomorrow. but neil warnock isn't feeling too confident ahead of the meeting withjurgen klopp

stewart of the house intelligence committee, our correspondents, analysts and specialists are also standing by. first, let's get the very latest on the breaking news. chief national security correspondent jim sciutto is with us. jim, ten apparent bombs so far. and there may be more. >> that's right. and so many open questions now. who the bomber or bombers are, what the motivation for him, her or they was, but also the intention here to kill or to scare. this as they begin to zero in on a possible origin for the bombs as well. tonight, a nationwide manhunt is under way to find a possible serial bomber who is now sent ten potential explosive devices to targets around the country. investigators now believe that some of the packages may have originated in florida, the fbi treating this as an act of domestic terror. >> in my experience, my opinion is most bombers like this are lone individuals. >> reporter: the latest devices discovered, two packages addressed to former vice president joe biden, found at separate post offices in delaware. and a package with a possible explosive addressed to the actor robert de niro at his office in manhattan, where authorities say office security alerted polic