and exclusive interview with blackstone's global head of real estate jonathan gray, says prices wille even if the fed hikes rates. much more ahead on "squawk on the street." ♪ using 60,000 points from my chase ink card i bought all the fruit... veggies... and herbs needed to create a pop-up pick-your-own juice bar in the middle of the city, so now everyone knows... we have some of the freshest juice in town. see what the power of points can do for your business. learn more at chase.com/ink see what the power of points can do for your business. i am a first responder tor and i'emergencies 24 hours a day, everyday of the year. my children and my family are on my mind when i'm working all the time. my neighbors are here, my friends and family live here, so it's important for me to respond as quickly as possible and get the power back on. it's an amazing feeling turning those lights back on. be informed about outages in your area. sign up for outage alerts at pge.com/outagealerts. together, we're building a better california. >>> ralph lauren out with its restructuring announcement follo

community reaction jonathan: developing news, before noon officer caesar goodson found not guilty on all counts against him. michelle: he faced the most serious charges. he put freddie graythe van. jonathan: it was during that ride that he suffered the injury and resulted in his death. alison: a rally is underway in baltimore. kevin lewis is there. kevin: we are at the corner of pennsylvania and north avenues on baltimore's northwest side. this was the epicenter of all of that rioting last april. freddie gray was arrested three blocks down that street. if you look toward the c.v.s. pharmacy, this is the newly reopened pharmacy that last year had ca because of arson. most people were disappointed to learn that officer caesar goodson will not be going to prison. we have not seen violence connected with the verdict. a few small police protest and visible presence in the hot spot areas like the circuit courthouse downtown. and right here in penn north. >> they are never held accountable for what they do to the community. >> the police have zero respect for baltimore citizens. especially people of color. i know for a fact that the general atmosphere in baltimore city has no r

jonathan: today in baltimore, caesar goodson, the officer driving the van in which freddie gray served a deadly spinal injury went on trial. michelle: he faces the most serious charge in case, second-degree murder. alison: the trial didn't quite go forward until one last ditch effort to have the case thrown out. brad bell has more on what happened. brad? brad: lawyers do what lawyers do. in this case, it was a motion to dismiss based on a defense claim that the state had illegally withheld evidence. they gave the state, the the trial started. the third trial in this matter of the death of freddie gray. the third trial of a police officer. the same judge. a lot of the same evidence. but as you said, this time much more serious charge. there is no evidence that officer caesar goodson ever laid a hand on freddie gray. yet, because he was the drive of the police van where prosecutors claim gray suffered his fatal injuries and because he allegedly violated police rules by not seat belting his prison he faces the most serious charge of the six cops charged. depraved heart murder. the defense

jonathan elld higher blood alcohol limit. leon: in baltimore, the trial of the officer who is facing the most harsh charge in the freddie gray case began today. caesar goodson drove the van of which freddie gray suffered a spinal injury and he is charged with second-degree murder. prosecutors say that goodson took gray on what they call a "rough ride" and intentionally speeding through stop signs and rounding corners to cause gray to bounce around in the back of the van. the defense denies the claim to say that the officer did nothing wrong. >> covers metro tonight. the agency safetrack plan at the spotlight. as commuters make adjustment to for closures today th to talk about the project. if you ride this time of night you will notice fewer people riding with you. the agency said today ridership is down 40% between 6:00 and 7:00 p.m. stephen tschida explains. stephen: safetrack, metro awaited and dreaded massive repair of the entire rail system. some say it is making getting around a lot more difficult on and off the rails. >> the buses are very delayed. there is tons of traffic on the streets and a lot of cars. reporter: me

jonathan: closing arguments today in baltimore. officer caesar goodson is on trial for the death of freddie gray. goodson was the drive of -- driver of the police van that freddie gray suffered deadly spinal injury. the verdict will be handed down thursday morning. log on to wjla.com/text. alerts and you will get the updates sent straight from the newsroom to your phone or to your pad. developing across the country now in california, mandatory evacuations are still in place for the sherpa wildfire. firefighters we're told just now getting the upper hand. this is new. today more than 50% the fire is contained after 8,000 acres of land have been scorched. almost 2,000 firefighters have been working day and night to control the fire. and protect the nearby homes. in the meantime, though, extreme heat all across the southwest has proven deadly. in arizona, at least three people dead as the temperatures soared way past 110 degrees this weekend. unbearable temperatures, as some of the records now we have seen fall. meteorologist steve rudin has a look at where things are today. even here it is starting

gray suffered a fatal spinal cord injury. officer william porter, whose trial ended with a hung jury, was forced, -- will be forced to testify. the trial of officer edward nero ended in an acquittal. jonathan: louisville, kentucky is preparing to say goodbye to its favorite son. a plane carrying the casket of nominally landed today. how his family said goodbye, and how his family is preparing to do the same thing. >> heartfelt prayers and emotional reflection. muhammad ali stands for compassion, love, and peace. >> from the place where his life started, his childhood home in louisville, and around the country. >> we now ask you to observe a moment of silence for muhammad ali. >> tribute to the icon who died friday after a 32 year battle with parkinson's disease. muhammad ali's legacy, reaching far beyond the boxing ring. >> when they said he was the for a whole generation of black americans who did not get the opportunities they felt they deserved. >> i was standing with somebody who was a giant. >> that giant in so many respects now back home. throughber procession louisville as funeral plans are finalized, the details planned by ali himself. a massive public tribute on friday, starting w

jonathan, joan and robert and e.j. will all be back later. >>> the latest verdict in the freddie gray case and the police reform in americaxt. iple , does your mouth often feel dry? a dry mouth can be a side effect of many medications. but it can also lead to tooth decay and bad breath. that's why there's biotene, available as an oral rinse, toothpaste, spray or gel. biotene can provide soothing relief and it helps keep your mouth healthy too. remember, while your medication is doing you good, a dry mouth isn't. biotene, for people who suffer from a dry mouth. a body without proper footd needssupport can mean pain. the dr. scholl's kiosk maps your feet and recommends our custom fit orthotic to stabilize your foundation and relieve foot, knee or lower back pain from being on your feet. dr. scholl's. ♪ everything your family touches sticks with them. make sure the germs they bring home don't stick around. use clorox disinfecting products. because no one kills germs better than clorox. >>> we have allowed our criminal justice system to get out of balance and these recent tragedies should galvanize us to come together as a na

gray. speculation and we have to focus on what the companies will report in terms of their earnings, that will move the stocks. jonathanry difficult for anyone investing cross asset because the political complexity and the risk nature driving yen to one of the strongest quarters since 2008. the correlation you would typically look for a crossed assets has not been there in a big way. i wonder what you make of that. bob: i think what is happening is the world is moving to all kinds of different cross turns and we do not get the traditional relationships. look at oil and the stock market in the u.s., for years they were negatively correlated. a very unusual bedfellows here in the weird markets. , itd: early on after brexit appears the winners may be some of the u.s. domestic companies who rely on the u.s. to mystic economy for the revenues. let me pull up a chart that illustrates this. the people who have over performed since brexit have been domestic and the people who have underperforms have been international. does that fit with the case? u.s. growth has been mediocre, but non-us growth has been worse than mediocre. y