cat sue yamma, flash boys fame, claim the market was rigged and former australian prime minister, kevin rudd. plenty to discuss with him, from the siege in sydney to the massacre in pakistan and chapter in signer hacking in light of sony and reported likelihood north korea was behind all of it before we get to that let's begin with the markets. in fact, an historic day lack agent nearly 300-point gapes for the dow, second session in a row to put that in perspective we haven't seen back-to-back gains of this point magnitude since december of 2008, same for the s & p 500, add 3 points today on top of about a 30-point gain yesterday. again, that's the first time we have seen that in more than five years. get into this market rally and closing ball exchange with the nasdaq also up nearly 2% again today. ron mullin camp us, jim lowell from advisory investment, hank smith from haverford trust and very own rick santelli. welcome, everybody. jim what do you make of this snap back? too much too soon? >> no not at all. hard to keep a good market down so long as the u.s. fundment architecturals remain

ask your doctor about crestor. >>> joining is the former prime minister of australia, kevin rudd. vard's kennedy school. prime minister rudd, thank you so much for joining us this morning. >> good to be on the program. >> so we can only imagine what your experience was, as you watched the events unfold yesterday while you were here in the united states. tell us what was going on through your mind as you watched this siege. >> well, collective horror, i think, really 23 million people in australia, but at any one time, a million of us are offshore. when we looked down the television screen and see this unfolding on our own shores, rather than other countries in the world where these things tend to happen more, we are stunned and we are shocked. and the reason is, australia is a very open, welcoming, sydney is a cosmopolitan. multicultural city. we have absorbed one generation of immigrants after another, peacefully. and having said that, this appears on all reports to have been the act of a lone wolf. nonetheless, horrific in its consequences and you've seen the outpouring of grief

for our viewers play a clip of former australian prime minister kevin rudd and hear what he had to sayut taking steps to prevent that from happening. >> we have half a million muslim-australians who are fine, upstanding members of the australian community. during the course of today the grand mufti stood up and condemned this action by the hostage-taker and by the gunman. we had combined prayers of sydney's largest mosque involving our jewish leaders, muslim and catholic and christian leaders, as well so the australian society, we come from everywhere and people are bound together at this important moment, as well. >> so hearing that from the top. what about there on the ground with the people milling about? are you getting the same kind of sentiment from the people you're talking to? >> yes, a very good point actually, errol. yes, i am. the people i've been speaking to and speaking to thousands of people today and not one person has laid the blame at the door of islam on this. most people say if they don't have a view on who exactly this person was they'll say we think he was a lone w