down also by roughly a point for a look at market health and more we are pleased to be joined by john gray's the founder and president of investors financial corp hey john welcome thank you so much for being here they're going to be fun what's driving these global markets do you think. hey john can you hear me what's driving these global markets well interest rates for sure cheap credit for sure the quantitative easing has put us in the place where we are so those are the primary drivers and of course consumer spending that's seventy percent of spending in g.d.p. in the u.s. of a i know what it is elsewhere but that the consumer doesn't spend the markets can't go up because there will be no profits and john in the u.s. market we've seen some very positive earnings report among the program and those are reflected in the markets but you know what do you think is driving sort of these overall buoyant numbers other than the earnings report what's the underlying line there is the economy just doing better is it tax cuts what do you think. people earning money and as you know it's expensive to liv

market health and more with the founder and president of investors advantage corporation john gray's who joins us from l.a. and the wealthiest among us the proverbial one percent are getting special treatment at luxury airports from los angeles to dubai other places around the globe archies manila chan gets us to as we go to break here are the numbers at the closing bell. join me every thursday on the alec simon show and i'll be speaking to guest on the world of politics sports business i'm show business i'll see you then. the. litany of enough it would seem to rid. us of i have all this from some of you. i came back to the community. and people we are be standing on the road. me all about us all viable going towards him. like. say. she's going. to see me down in. the fossil. but if you don't. know we're going to this. it doesn't cost us a toppy my life. i see mom has to die. because you know provision on my back on it i want to. ask but i. just i don't hide oh i lost his boss because i just got then you just gotta go he. doesn't have any money a month on those it doesn't but the bet

down also by roughly a point for a look at market health and more we are pleased to be joined by john gray's the founder and president of investors financial corp hey john welcome thank you so much for being here that going to be fun what's driving these global markets do you think. hey john can you hear me what's driving these global markets well interest rates for sure cheap credit for sure the quantitative easing has put us in the place where we are so those are the primary drivers and of course consumer spending that's seventy percent of spending of g.d.p. in the u.s. of a i know what it is elsewhere but that the consumer doesn't spend the markets can't go up because there will be no profits and john in the u.s. market we've seen some very positive earnings report among the program and those are reflected in the markets but you know what do you think is driving sort of these overall buoyant numbers other than the earnings reports what's the underlying line there is the economy just doing better is it tax cuts what do you think. people earning money and as you know it's expensive to live

down also by roughly a point for a look at market health and more we are pleased to be joined by john gray's the founder and president of investors financial corp hey john welcome thank you so much for being here they're going to be fun what's driving these global markets do you think. hey john can you hear me what's driving these global markets well interest rates for sure cheap credit for sure the quantitative easing is put.

become more challenging to try to get the account back to the starting balance thank you so much john gray said help your time guys. are playing with fire. and the financial crisis led to a regulatory revolution with the passage of the two thousand and ten wall street reform and consumer protection act otherwise known as dodd frank it sought to address things like those dark o.t.c. markets and under-capitalized financial institutions for more on this we're please be joined by bartlett naylor a public citizen thank you so much for being here again three hundred ninety eight rules county i know nobody will how many of these were actually. completed well bit about eighty have been completed the two areas most dramatic discrepancy with executive compensation and credit rating we think that. executive compensation was very much central to the crash these people bankers didn't do this because they were playing some sort of video game or toy kids throwing their toys out of the pram they were doing because they were being paid up mortgage backed securities they were getting bonuses and so for thos

>> have a huge space there and john gray has led some other bigger deals in real estate and it is oner biggest profit drivers. they have expertise there. talking about having the 10th anniversary of the collapse of lehman brothers. i can't help but think as i listen to talk that there is a huge demand for real estate. you have passion funds who want to diversify. there are echoes here. is there anyone who is worried about all of this money pouring in? >> we are definitely seeing people start to say this could be a problem. who say theople valuations are so high so with all of this money going into private equity where do they find places to buy low and sell high if the valuations are already high? there are other people saying the u.s. economy still looks strong, globally there are some spots to buy and do well so they have opportunities. particularly in the private they are seeing whether or not there could be cracks coming. >> blackstone is not commenting but when you scoop something muchthis, do we know how of the $18 billion is already been raised? that is a great question. our re

be sure to watch david's first interview, black stone's president john gray tomorrow he is the man sortnted now as running the company in his own right pretty much taking less of the ceo. let's check in on the dow. as we head to close four minutes left of trade. record setting day >> how does it feel? >> it feels a little bit euphoric you're not having an explosion in volume. you get that when you get that real sense of people are really buying into it it does feel good. you talk to clients, it does feel good. my sense is i think it will test again. we'll make the highs but don't be surprised to see the market kind of back off we didn't have this full thrust in terms of volume in terms of fundamental drivers u.s. economy, right? >> the fact that i think people are not so concerned anymore that there will be a drag them down all out trade war with china. the last couple of days has been this tone or this sense amongst two leaders that there's room for negotiation. >> technology is a full leader you're seeing stremgts in pacts like financial they will focus on third quarter earnings it is

john? >> jennifer gray on the gulf coast where you've been watching the storm all morning. >>> the president's supreme court nominee faces a gruelling confirmation hearing in 90 minutes but the president appears to be preoccupied a fresh line of attacks against his attorney general and a fresh line of attack against the idea of impartial justice. he's accusing jeff sessions of threatening republican control of the house because of indictments against two republican congressmen ahead of the midterms. i want to bring in john dean, former nixon white house counsel during watergate and cnn contributor. he will testify during the confirmation hearings for brett kavanaugh and back with us maggie haber man. chris collins has been charged with insider trading related offenses. duncan hunter has been charged with campaign finance related offenses among other things and the president's response to this on twitter yesterday was two easy wins now in doubt because there's not enough time. good job, jeff. his problem with the charges is that they're against republican members of congress. >> what he doesn't

david graifman >> elvira granitto >> winston arthur grant >> christopher s gray >> james michael gray john grazioso >> john m grazioso >> derrick arthur green james arthur greenleaf >> my mother. i love you. >> my brother. >> and my aunt. >> we continue to miss johnny daily. >> eileen marsha greenstein >> elizabeth martin gregg laurennice marie -- moran gregory >> tawanna griffin >> joan griffith >> warren grifka >> ramon grijalvo >> joseph f. grillo >> david grimner matthew james grzymalski >> robert joseph gschaar >> liming gu >> jose a. guadalupe cindy guan >> geoffrey e. guja >> joseph gullickson >> babita guman douglas gurian >> philip t. guza >> barbara guzzardo peter gyulavary >> gary robert haag >> andrea lyn haberman >> steven hagis >> mary lou hague >> david halderman >> my grandfather. even though i have never met him i love him. whatever memories we have, instead of being upset and grieving like that -- [applause] and we all love you. [applause] [bell chimes] [bell chimes] [bell chimes] chimes] [reading names] [reading names] >> and my nephew. ,rant we may lie down in peace sec

. >> reid and quinn gray were new to st. john'sounty, having just moved into their beach front home in ponte vedra. >> i don't want to use the term the perfect kidnapping victim, but it fit. >> and her husband made a lot of money. >> worst case scenario, we make one wrong move and they kill her. >> on the day quinn was kidnapped, the 37-year-old pta mom had made appointments for her daughters to have hair cuts and she was far along in the upcoming party for one of her daughter's birthdays. now reid tried to shield the 8 and 6-year-olds from the news that their mom's life was in danger. he picked up the girls from school and took them to a friend's house, while he waited at the sheriff's office. reid was still in his shirt and tie from work, and he was an emotional wreck. he shared more details about quinn's brief, frantic calls to him hours earlier. >> she said there was somebody with a gun pointed to her head. >> on that call she said there were three kidnappers and they were albanian. the $50,000 ransom was to pay back money reid

gray but almost blind. in the service of my country. johnenough, martha. [laughter] and they were clapping and john mccain was not clapping afterwards, tony orlando when he met him said, were you offended? i'm sorry i did not mean to be so loud, you were not clapping. he said, i have trouble raising my arms. he said, but my feet were tapping the whole time. very, very john mccain. bret: and a longtime friend, senator lieberman, one of the three amigos during the campaign. lieberman, mccain and graham talking to jared kushner and ivanka trump there. on the phone with us now tommy espinoza, a close friend of senator mccain. he spoke at the memorial earlier this week in arizona. your thoughts on this day as you have witnessed and were part of the ceremonies in arizona. >> i would say that senator mccain was the proud -- he would be happy that both sides of the isle of talking to each other regardless of what the discussion may be. senator mccain was an individual that really enjoyed the politics of the united states and at the same time, a very

gray areas and speculation already surrounding trump's first in office. the u.s. secretary of state has lost its odd one of his predecessors mike pompei oh accuse john kerry of trying to undermine the trumpet ministration by meeting with officials that's after kerry admitted to meeting in the arabian foreign minister on at least three occasions since leaving office in twenty seventeen it's one thing to meet with your counterpart it's another thing to do what secretary kerry wendy sherman or this money's frankly the whole gang has done which is to actively seek to undermine what president trump is trying to achieve you have been telling the iranians to wait out the president trump and the administration and to wait until there's a democratic president in twenty twenty one is that accurate. i think everybody in the world is talking about waiting out. while in the tweet donald trump himself carries talks with iran were illegal and once again blasted the arena in government hostile regime he claimed the meetings quote undercut great work to the detriment of the american people the president also asked whether john kerry was registered as a foreign agent for his actions

gray, now back to "watters' world". predict anotht and a half over the weekend. jesse: former secretary of state johnundermining the trump administration after admitting he met with iranian officials reportedly trying to save the nuke deal and telling the iranians to wait out the presidency until a democrat is in office. >> when i met with the iranians, the policy of the united states was still to be in the iran deal because the president had not pulled out. secondly, every former secretary of state continues to meet with foreign leaders and goes to security conferences. we all do that. and we have conversations with people about the state of affairs in the world in order to understand them. we don't negotiate. we are not involved in interfering with policy. but we certainly have reasonable discussions about nuclear weapons, the world, china, different policies. jesse: the white house blasting john kerry. here is secretary of state mike pompeo. >> what secretary kerry has done is unprecedented. a former secretary of state engaged the world's largest state sponsor of terror and according to him, you d

john meacham, what have we learned in the 27 years between those two hearings? >> precious little. at least in 1991, george h.w. bush and his counsel boyden grayp -- reopened up the background investigation when new information came to light. they lived up to what really was the most fundamental insight of the american revolution, which was that reason has to have a chance against passion in the arena. and you have to, as jefferson put it, follow truth wherever it may lead. what we saw today in many ways was the triumph of mindless tribalism over a search for the truth. and it's as simple as not deciding and insisting cleverly in judge kavanagh's case, but still i think inexplicably or all too explicably, go talk to a third witness, a person in the room. and i think that what we saw was the triumph, again, of a kind of reflexive partisanship. the other thing i would say is one of the things that happened in those 27 years is the clinton story, the clinton saga, the clinton impeachment. and there will be a lot of monographs written in the coming years about what did one of ken starr's deputies really learn from the clinton impeachment. and i th

john )now to traffic. ( darya ) in east san jose ... neighbors are demanding answers after a beloved community mural was painted gray overnight. ( james )has the story. it's almost like a funeral here it's very upsettingespecially with the limitations we have with our families. our parents and our siblings not being able to vote or get a license. there's an endless amount of things they're not allowed to do.before it was painted over ... this mural was a beacon of hope.... it's been a cultural monument for people, by way of teaching history, by way of the historical figures that were on the mural33 years ago, artist jose vesa velasquez, along with children from the east side youth center ... created "mural de la raza" ... depicting mexican-american and indigenous history.this is who i am. this is my family's history. this is all of our stories being toldfor more than 3 decades, the community watched over it.young people take care of the mural because no graffiti. they take care of the mural for 33 yearslocals say as soon as escrow was transferred last week, the new owner decided ... no more. right now because they did not notice the art

john ) ( darya ) in east ( darya ) ( darya ) in east san jose ... neighbors are demanding answers after a popular community mural was painted gray overnight. 33 yearsa".it depicted mexican- american and indigenous history. but last week the building was sold ... the new owner decided to paint over it. and since then ... the building is being defamed. ( darya ) because the new because the new building owners did not notice the artist, the city believes there's been a violation of california state law .... and are sending a notice about the liability. in the meantime ... at least one nearby business has donated a wall to construct a new mural. ( james ) a temporary homeless shelter in berkeley is now closed... and those who lived there are now waiting for a permanent solution... that they say the city promised them. kron4 's ella sogomonian went to old berkeley city hall where several of them have now set up tents. sot: ella sogomonian// "two reasons,the first closed some people have no place to go because the shelter on 9th street , a

john? >> here is -- in san francisco low lying clouds this morning. not a lot of fog or visibility impact. just the clouds keeping us a little on the gray side.e same. taking a look at low lying clouds that have hung out across the bay. even after the clouds workout we have more later today. today cooler and cloudier and tomorrow saturday will be a little rainy at least for northern california. north of the bay area into tomorrow around 5:30 coastal showers from sonoma county to the oregon border. it won't be until the evening that those of us in the bay will see the rain fall. here is the impact we are expected to have. a few hundreds of an inch for most of us. santa rosa into the northbay most of it. less then 1/10 inch of rain. >>> daytime highs much colder than yesterday. livermore was in the 90s yesterday. today upper 70s. san jose 74. oakland and hayward each at 68. the next seven days will stay in the 70s inland and as i said the rainfall saturday night into sunday -- and another chance money. >> someone is trying to ruin halloween. this shows a guy walking onto the porch and taking the halloween sign. >> look at this -- the question i

gray, the former chief regulator of the savings and loan industry told banking committee chairman henry gonzalez that four u.s. senators asked him to ease regulatory pressure on troubled lincoln savings & loan. >> john me when he walked in the door of that meeting that had been arranged for this he knew that this was going to be a problem. >> i'm doing everything i can to try and set the record straight. again, admitting that i made mistakes and serious ones. but i did not abuse my office. and i think that's the key to this issue here. >> you told me this was the political crisis of your life. >> absolutely. >> tell me why it is. >> because my reputation is at stake here. i've never had my ethics or my standards of conduct questioned. >> you think you'll survive it? >> i hope so. >> hearings begin this week into what has already been called a major congressional scandal. >> never before have five senators been accused of intervening with federal regulators to help a campaign contributor. >> this case raises troubling questions about money, power and political influence in washington. >> thank you, mr. chairman. once again i'm glad to have the opportunity to fully and publicly account for my relation

john mccain. [laughter] i clear that with mccain years ago i've been telling that for years. don't worry. you're going to embrace jackson he did believe we were one gray family and would fight under the same roof but we needed to remain a continental nation was also a great negotiator and a more formidable figure of lawyer and prosecutor and judge to win the popular vote and then running for president and establish constitutional orders this as an open letter. the next day i'm walking into lunch and my phone rings and lu george hw bush he spent a lot of time in the hospital that winter so his dad was giving him stuff to read. he said how you doing? the key to doing george hw bush by the way dana carvey said mr. rogers trying to be john wayne. how you doing? i'm fine. i read your letter to jackson he thinks i'm writing letters to dead people i should do something so i said i'm glad you're doing better actually it was a letter to trump about jackson and he says yeah but jackson will pay more attention. [laughter] [applause] so he's fine marking off your worry list. so now it is either parallels but i want to talk today into parts how i do things at this