but also adam's morgan today and adam's morgan past. i think all of the acts have a connection to adam's morgan in that they've played in some of our venues or done adam's morgan day before. the headliner on the columbia stage at 18th and columbia is legendary go go band trouble funk who happens to also be celebrating their 40th year. >> they go way back. >> they go way back. them andhe festival and, side note me, are also the same age. both young and old celebrating world music but also up and coming hip-hop and indyrock. adam's morgan has always been that kind of place where there's all different types. >> michelle, there's another stage the library is sponsoring. >> d.c. must be lick library are partnering with american university to create a neighborhood hisry section of the festival in honor of the 40th anniversary. that will include an exhibit that's done related to neighborhood organizing. that will be presented on the humanities tru which is american university's new mobile exhibition, pub hctory platform. >> it's debuting. yes.

morgan, what say you?g to someone at the republican committees about the polling typically what you see when you have a party controlling the white house and congress voters tend to want to vote another party in power so there is a check and balance this is natural in the process. what the polster told me was that while that there is an element of that that is happening with independents, what's happened because the democrats are running people that are so far extreme to the left, wanting to abolish ice. socialism for all. >> maria: in some districts not in all. >> the point being that natural tendency of the independent to go towards the democrat is now tempered by the fact that they know that voters don't actually want impeachment when you poll them. they don't want all of these ongoing investigations. they certainly don't want impeachment of trump much less a supreme court justice. i actually think that democrats do themselves a misservice on mid terms when they run. it's incredibly easy for the preside

just to give you an idea, the impact of the morgan case 56 years after morgan's death -- presumed death -- people got together, subscribed money, and put up a 37-foot granite monument to him in a cemetery in .atavia there's a statue of morgan on top. you cannot really see it because it is so high up there, which is kind of appropriate. inave a talk about the book a masonic hall at one point, and the masons had not sponsored it, but they ran this masonic hall, and one of the masons came up to me before i started the talk and ind me i had it all wrong the book. he said, "i'll tell you the real story," and he told me the real story of william morgan, which was one of the stories that have been circulated for years, but it shows, at least among freemasons, the morgan story is still alive today, and the same thing with the mormons. a growing religion of 15 million people. as i always point out, it is a hit broadway musical. -- it's sort of humorous, but it also makes you think. the imagination of this young farm boy in the 1820's produced something that still fascinates people today. the eri

jp morgan reacted today. i liked that 119 seems to be an area if jp morgan breaks through it has plenty of room to the upside goldman sachs, jp morgan with morgue morgan stanley doing well there was actually an upgrade of etrade today i like the financials. i hold the financials. i don't know if we can say after one day that purgatory is over and here we are in the huge bull market. >> i would argue banks haven't been in purgatory at all you can pick times in the last year 1/2 that the banks outperformed dan and i do this all the time but financials before elections are outperforming the rest of the market the day after because they had a big move, i can argue it can be selective. bottom line, jp morgan if you look at the last quarter numbers, record profits. if you look at the banks jp morgan went from 102 to 118 since mid-july this move didn't happen yesterday. it's been happening. >> i guess the important thing is it hasn't been happening since january. they have been in purgatory. massively underperformed

morgan dixon: right. this has never been a fitness group.a group about radical healing. so we thought, what if we rallied one million of their mothers to walk with us? what would that do in their household? what would that do in our society? so, we started playing with this idea. other people. and people didn't believe we could do it. vanessa garrison: the great thing about the walking was that it was affordable. it was accessible. it met women at their point of need. women could do it in their own neighborhoods. they could do it locally. they were able to reclaim their neighborhoods in the process, and build community around them, so that they can walk and talk and solve problems together. soledad: when did girltrek become about history? at the beginning i thought, 'oh, this is 30 minutes cardio health.' and then, i started reading about your connection to really traveling, using that 30 minutes to travel through history. morgan dixon: so some of -- you may know that we walked 100 miles on the underground railroad just recently. there were

morgan right here these are the words of j.p. morgan the next crisis is also likely to result in social tensions similar to those witness fifty years ago in one thousand nine hundred sixty eight in one thousand nine hundred sixty eight t.v. and investigative journalism provided a generation of baby boomers access to unfulfilled information on social developments such as vietnam and other proxy wars civil rights movements income inequality excedrin similar to one thousand nine hundred sixty eight the internet today social media leaks documents keiser report they don't write that but i add that provides millenniums with unrestricted. system information on a surprisingly similar range of issues so they're saying that the internet may make it. the next financial crisis and when the you know the us federal reserve and congress comes to our rescue again and even starts buying our stock so that we are always made whole the internet basically they're suggesting the internet should be monitored that maybe twitter might be dangerous in thi

they still have a time-out -- check that, morgan. stanley morgan hauls it in. and they will give him progress to the 21. >> brock: what a big-time throw, man. what guts from the walk-on. >> bob: the false start on nebraska will cost them a time-out. >> referee: false start. this foul is under one minute, which carry as ten-second runoff. nebraska chooses their third and final time-out in lieu of the runoff. >> brock: because that play was inbounds, that clock was going to run. you false start right there under a minute, ten-second runoff or you've got a time-out in your pocket, which nebraska does, you have to use it. now you've got no margin. >> bob: now you have to look to the end zone. >> brock: yep. >> bob: what a crucial penalty. >> brock: now you look at that call sheet. if i said shenault's got to leave this building getting his opportunity, so does morgan. and a beautiful job by bunch to buy time and just throw another beautiful pass high and away from morgan to go up and get it. this has to be morgan or spielman or they have to play central roles in su

morgan?> morgan: i think the most important thing that will happen tomorrow is judge kavanaugh has his point to tell his story under oath. there are very specific allegations from a woman today through an affidavit and he needs to answer them under oath. >> we have more "outnumbered" in just a moment, stay here. with more businesses starting every day, how do they plan for their financial wellness? i am very mindful of the sacrifices that i make. so i have to manage my time wisely. ♪ plan your financial life with prudential. bring your challenges. oh! oh! ♪ ozempic®! ♪ (vo) people with type 2 diabetes are excited about the potential of once-weekly ozempic®. in a study with ozempic®, a majority of adults lowered their blood sugar and reached an a1c of less than seven and maintained it. oh! under seven? (vo) and you may lose weight. in the same one-year study, adults lost on average up to 12 pounds. oh! up to 12 pounds? (vo) a two-year study showed that ozempic® does not increase the risk of ma

and things that jp morgan, financial advisers tell them and they are continually investing jp morgans moving trillions of dollars of assets and then they have this guy out here, saying the complete opposite of what all their financial consultants are saying, which is there's about to be a blow up. if the blow up doesn't happen, everybody forgets that guy's name i only know it starts with a k if there is a blow-up, they can say, well, jp morgan had a quantity of analysts that predicted it was going to happen and then they put that guy's name on top of a fund and raised $10 billion. that's the business. >> to think that jp morgan, jamie dimon's nominated deputies say go find us a sackry fishl land one of the biggest concerns -- >> we'll thank our caller. that's what you guys do in the business. >> just let him go thanks, josh. >> have fun in miami. >> one of the big risks you point out -- what we don't know because the markets never adjust to it, if there is a reason for a big sell-off, how big it gets because everybody has just been buying, buying, buying atfs. what if somebody hits t

today in the bay's kris sanchez is live in morgan hill.oing on a long time. >> reporter: it's been 14 years since the idea of a catholic high school in morgan hill was first floated. in that time. theyt diocese bought this agricultural land hoond me. the rectangle is the proposed high school site. murphy avenue is the west, barrett avenue is to the north and farmland to the east. the other shaded areas could see a border change as a result. i will walk through the civics lesson i had to get in researching this story testimony diocese owns the land but cannot develop it until it has city services like water and power. in order for that to happen the city has to annex some land to bring it into city limits. approval for annexation can only come from santa clara county's lasco, the lal agency formation commission which is a state-mandated agency intended to protect open space like this one and agricultural land, also prevent urban small and promote service efficiency. with that aim in mind lasco has said no to several prior development plans.

the author was ian morgan an australian biologist he spends several months a year in china trying to get to the root of the problem. and. so what would you be looking for. in these for pay the examinations changes in the written wooden music i was saying today for example if you say that this patient is has i i born they load this toilet it's solved i think i'll take nerve o.b. . restricted the chinese population is expected to. just get around one point four billion and then slowly decline after that on figures that rio already have a viable we can project that something like one point two. billion of those people will be myopic and all the perhaps two hundred to three hundred million people will be calling the oil peak not all of them will be visually impaired or blind but never will lace dealing with the problem. up so make it up to matrix says we're going to collapse under the strike. the developed countries in asia are feeling the full force of the epidemic between eighty and ninety percent of young people suffer from myopia. and there's one thing researchers are now sure of myo

of the morgan report to muster it catches on twitter a concert report until next time.

of the morgan report it's a must read catches on twitter account as a report until next time by all. and that to scott like he. had to get that out. of his image and that to the money at the when the money the two. did it. didn't come i think. that is out there in his home up to a mile and i think i'm going to once i'm not doing a lot about how to hand brawling so aren't i meant. to been out of them out so out i'm out of a pool of. doubt about them and i could see have a say yes by the. good that they did they speed them things up at the top and side up and after i did that i had a bad day but even though that's an olympian film and the look young siad. young. man. at least he is and. you know world a big part of the model and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the back and shouting past each other it's time for critical thinking it's time to fight for the middle for the troops the time is now for watching closely watching the hawks. cooked add

of the morgan report to muster it catches on twitter because the report until next time by all. that official. need to push through this if gone to the line from that instance of b.b. guns and by all means this weekend be no plot don't think even the new rules and even. committee i was to say is the international rules for the same games and what it is exactly as you mentioned and again also a lot of principles and values. and that. in fact i. had to get that out. and you had to the man.

morgan chase foundation. so far, more than 15% of the projects work hours have been locked by local labor. >>> a final farewell to an american hero. top political leaders said their final goodbye to senator john mccain. >>> also, it was a family reunion at sfo between a sister and brother separated at birth in postwar germany. the story of how they found each other decades later. that is next. >>> that, and the all-important labor day forecast. it is all coming up after a break. mccain was buried after a private ceremony at the u-s naval academy in maryland. cbs reporter demarco morgan... on the final goodbye... to america's maverick. (track) ell to >>> senator john mccain was laid to rest today. he was buried after a private ceremony at the u.s. naval academy in maryland. dimarco morgan on the final goodbye to america's mager -- maverick. >> reporter: on sunday, the arizona republican was laid to rest and applauded at his home on motter. his burial follows a week of national mourning for the presidential can

, oli, charity, nick and gayle breaking down the best on the web including the amazing talents of morgan strebler. see what happens when he gets in our head with a trick that left our minds blown. >> no! how did you do that? >> oh, man! >>> what are tonight's lottery numbers? >>> no child wants to be separated from its mother and no mother wants to be separated from her child. what you have here is a 13 week old leopard cub separated from mom. so the vet checked the cub out, everything was okay. they know where mom is and they want mom to come find it, so with the help of the street department they're trying to reunite the two and look at that. they put the crate out and put a camera out to catch the footage. >> she can smell her cub. >> her baby is inside. what do i do to get the baby out? >> she walks around, vekts, you see movement inside. see right there. >> mom, i'm right here. >> just do like my cat does at 3:00 in the morning on the dresser just flinging stuff off. wake up. >> its like an iq test. >> i'm so frustrated right now. just push it. >> but its such an unusual unfamiliar

decent nows out of goldman decent out of jp morgan, citi, on the fundamental front the stocks couldn'tly. wells fargo i don't know if you checked this process it broke the uptrend that it's been in from the april lows, the regulators are still all over that jamie dimon gets in a match with the president. >> goldman was down for like ten straight days. >> i look at it and say to myself i'm not certain what they're not going to be able to say on q 3 earnings in october that takes it up i think you define it with put spreads out to november which really catch the bulk of the components of the xlf. and i'll just get to the trade it's pretty simple here. option prices are relatively cheap in the xlf today trading at 28, 20, buy it at 28, 26 put spread. paying 40 cents for that buying one of the november 28 points. for 58 cents, selling november 26s at breaks even at 26.60ic up to 160 between 27.604 that's a four to one payout. i like the risk reward you i'll speaking you speak to the the charts and if the fundamental news gets worse, these stocks are going down. >> i mean, look, what we kno

morgan stanley down 10 goldman sachs down 10. blackrock down 20. ben fringe lynn down 35.et managers not working. >> are they that important to the market let's take the issue with that at this point. >> second or third biggest by weight in the s&p but in terms of life blood of the system the most important sector by frp and they're not acting well, a plain simple sort of. >> it's incredible the market has been able to do what it's been able to do without virtually any participation from the financials >> there are two components to the success for financials one which we commonly talk about which is their interest margins which you expect with rising rates would improve. but the other of course is the fundamentals of the business which includes among other things kmerpgs loan growth, the housing market, those types of things the luxury housing mechanic at the least seems in many markets to have peaked a bit you know, those types of weeks o weak viss if sm we reached peak auto that's an area of heavy finance. speaking to that spp to dan's trade out to november right now th

morgan report to muster it catches on twitter account the report until next time. and that. my she said she had to get that out. and that to the money and then when the money the two. who did it. didn't get the money to and that is how think it is going to amount of time and i think i'm going to do a lot about how the now growing so aren't i meant. to been out of them out so out of the motley fool. that i would dare say i'm not. yes by the way. that they do. so yeah. but even though that's an olympic. event. at least even and. so what we've got to do is identify the threats that we have it's crazy sunday shouldn't let it be an arms race is on spanning dramatic development only really i'm going to resist i don't see how that strategy will be successful very critical time time to sit down and talk. cooked additional some. sort of longer some of these it's just a. simple yes see when i'm with you to. look at with the showing of the ship is going to win the chit. he think it should be you know the same sort of. well who took ship in. the open most of both the book hit

of the morgan report it's a must read catches on twitter account the report until next time. mother who used to leak school was lonely garden. slug. and when you. look at the distant cousin wasn't it a book called new to this a but. it's going strong still it's about seeing i mean yeah there's. just a little. less . i. guess. it's a little. the headlines on arch international in a fiery address it to the u.n. general assembly russia's foreign minister rails against a deep political blackmail economic pressure and group force he says western governments are using to maintain global dominance. after a dramatic emotionally charged committee hearing that donald trump orders an f.b.i. investigation into the claims that sexual assault leveled at his supreme court nominee brought.

we'll have more on the kinder morgan trans mountain pipeline later in the broadcast. meanwhile, a coalition of environmental and civil liberties groups are launching a new campaign called "protect the protest" to fight back against lawsuits aimed at limiting free speech. corporations often used so-called slapp suits, or strategic lawsuits against public participation, to try to silence activists. rallies launching the campaign are planned for today and totomorrow in new york city, san francisco, and dallas. the company that built the dakota access pipeline, energy transfer partners, is based in dallas. energy transfer partners has sued greenpeace, earth first and banktrack for up to $1 billion for undermining with the tropical storm gordon is slated to hit the gulf coast as a hurricane later today, with parts of the gulf coast expected to receive up to eight inches of rain between today and thursday. the national hurricane center also issued a storm surge warning for parts of louisiana, mississippi, a and alabama. in florida, gubernatorial candidate andrew gillum is s

the morgan report it's a must read catches on twitter accounts a report until next time by oh. yeah and that is to scare likely and in fact i. had to get that out. and that too the money at the one of my levy to get there. who did it. didn't get the money to and that he's had in his home up to a mile and i think i'm going to once i'm not doing a lot about how to him growing so aren't i meant. to been out of them i'm so out of i'm out of a pool. yeah that was out of my with them. yes by the way to really. think that they did. so yeah. i did it i thought he did last and well if you. feel he. feel he. thank you. at the u.n. general assembly russia's foreign minister against the political blackmail economic pressure and brute force that he says western governments use to maintain global dominance. protests take over barcelona as police use force against independence demonstrators in catalonia just two days before the first anniversary of the region's independence referendum. emotionally.

today in the bay's kris sanchez is live in morgan hill. chris, this really has been going on forever now. >> reporter: yeah for a lot of folks who live in the south county, southern side of santa clara county, you know the idea of a private high school here, catholic high school was floated about 14 years ago. in the meantime, the diocese bought this wide open farmland. here's a map. murphy to the west, barrett to the north and farmland to the east. it is complicated -- i had to get a civic lesson on this one. i want to walk you through. the diocese owns the land but can't develop it until it has city services like water and power. in order for that to happen the city has to annex the land that it is bringing into the city limits. approval for annexation can only come from the state mandated agency intended to protect open space, agriculturalland and urban sprawl and promote official service delivery. with those aims in mind they have said no to prior development plans. this time the diocese is proving that annexation is the only way to bu

we have jonathan gardner from morgan stanley asia, from the morgan stanley offices in hong kong, good morning and thanks for coming on the program. you have been right here on markets in hong kong since last year. you initially said it was going to get worse, you lowered your target, what is next? our target for hang seng is 25,900, we did get quite close to that. that we canly sure pass a positive trajectory forward here with a high degree of certainty. there's some news coming out of the u.s. on trade. i think the trade issue is not the main reason why the hang seng and hong kong markets have done poorly this year. the main reason is the tightening of monetary policy in the u.s.. growthsame time, china's has been slowing. there's not much of a sign of the china growth slowdown abating. we did get close to the target but on the other hand i'm not sure we can plot a move to go substantially higher from here. it seems we have had all the bad news, all of the emerging-market bad news within the likes of turkey, argentina, etc. china has slowed down monetary policy, why did hong kong sin

you know, morgan is a self-taught artist. everything she learned about creating larger than life art she learned on the job. after close to two decades doing it, she is not done learning about what art can do. >> sometimes to sharpen up the image at the back. >> reporter: she has painted close to 500 murals in her 18 years as a professional artist. no two even remotely alike. >> just clarifying the details. >> reporter: but the one at the stone ridge creek lleasanton is unique in a different way. not because of the space or the subject matter, but because of the company. >> you see those front legs coming together. >> reporter: with this job, morgan didn't just win a commission. she gained a friend and a collaborator in ray. >> oh, ray is a sweetheart. >> the difference is interesting. >> reporter: he wasn't a part of the job from the start. morgan planning on painting a multipanel panoramic landscape with a few animals, but then. >> i mitre. he starts to show me some photos. i am like these are super helpful. >> reporter: ra

one of the reasons we're seeing 90s return in morgan hill, gilroy. mid-to upper 80s with 86 in san jose. 72 in santa cruz. it will get warmer as the week fold coastal side. mid-60s to mid-80s on the bay side. average highs about 70. a little bit warmer than that. we have 90, santa rosa. northward, low to mid 90s. san pablo bay, san francisco bay, mid to upper 80s. 75, tiburon. low to mid-80s on the shoreline. oakland northward, mid to upper 70s. everyone is low to mid 90s in the east bay valleys. good news, check out the temperatures tonight. 49, santa rosa, napa. my accuweather seven-day forecast. it's going to get warmer. the biggest jumps will be at the coast. they will get into the 70s by wednesday. and then all of us will be back in the 60s and 70s by the weekend. here's frances. >>> all right, mike. we have a severe traffic alerting heading to the richmond san rafael bridge. eastbound 580 through san rafael, traffic is heavy approaching the bridge due to a paving project that was supposed to be cleared. two left lanes are blocked. you can see i

morgan chase, lloyds, selling out in multiple portfolios. is primarily looking at these opportunities now? cari: everybody is a seller. people might be using it for portfolio management. $500 billion in tail and funds funds, there are a lot of assets over 10 years old. robust,ket has become where people are using it, all investors in private capital to clean up the tail end, maybe they are without a manager and they want to get out of that. vonnie: is a competitive? cory talking about a rich market these days? cari: pricing is still small, investors investing, a small number of funds compared to others, where you can invest. when you are seeing is people are using the credit equity market to get out of investments and to get liquidity. vonnie: you yourself -- where are you looking, the interesting pockets? cari: we like the tail end market, natural resources, high-quality private equity funds. reinvested small buyout funds on the primary side. we are opportunistic across the entire secondary market. vonnie: you have mentioned china and latin

morgan stanley may be taking the lead.merging as the advisor of choice, having earned about 60 mean dollars in fees, ranging but funding and that could be doubled in 2019 or early 2020. what do we know? colleagues and i dug into this and found that in helping delay palantir going public, morgan stanley i'd only deepen their relationship with palantir but came up with 60 mean dollars in extra fees, about the same amount that would be able to generate by taking it public. if the valuation state as it was back in 2015. emily: there is a question about the valuation, right? greg there are a lot of questions about the valuation. since the peak in 2015 it has been revalued multiple times by public private and investors including morgan stanley, who slashed their valuation after series of reductions down to $4.4 billion from a high of $23. so this is a massive and steady decline in value which would force -- would reduce the amount of fees should morgan stanley decide to take it public. , whichwhich one is it way is the wind blow

morgan planning on papting a multipanel landscape with a few animals. but then -- >> they show up and i meet ray. he starts to show me photos and i'm like these are super helpful. >> reporter: ray is a resident for the past five years has been an avid photographer for most of his 83. his regular hikes on the trail a gold mine for wildlife photography. >> i like the composition. >> a little bit of sunlight. >> so morgan decided to incorporate ray's work into her art. not realizing at first by adding the images, she was infusing the work with new meaning. >> for me on this project, it's reminding me of why i paint. it make me feel like aoife special power and it's more important pause we're doing it together. it's celebrating his passion with him. >> it's really special. in a way but it's going to be here a long time. >> morgan and ray have begun taking walks together to sol of his favorite shooting locations. there's a plan to decorate all the utility boxes and these two have sol ideas about that. the muralist and the photographer, it appears, are not do

. >> reporter: morgan bricka is a self-taught artist.everything she learned about creating larger than life art she learned on the job. and after nearly two decades doing it, she is not done learning about what art can do. >> sometimes to sharpen up the image at the back pane a little bit. >> reporter: morgan bricka has painted close to 500 murals in her 18 years as a professional artist. no two even remotely alike. >> just clarifying the details. >> reporter: but the one she's working on right now at the stone ridge creek senior living community in pleasanton is unique in a different way. not because of the space or the subject matter, but because of the company. >> i can see the front legs coming together. >> reporter: with this job, morgan didn't just win a commission. she gained a friend and a collaborator in ray ricknoski. ray, it should be noted, wasn't part of the job from the start. morgan planning on painting a multipanel panoramic landscape with a few animals, but then -- >> i show up and meet ray and he starts to show me some

the heron and the egrit we have both of them. >> reporter: morgan and ray have taken walks to some ofcations. there's a plan to decorate all the utility boxes and these two have some ideas about that. the muralist and the photographer, it appears, are not done making beautiful art together. >> i got a picture of a hawk up there. >> reporter: ray is very serious about his pictures. he says he will take his photography walks two, maybe three times a week and can he shoot as many as 300 or 400 photographs every time he goes out. garvin thomas, "nbc bay area news." >> 7:26. we have much more ahead on "today in the bay." >>> coming up, a 5-year-old bay area girl suffering from a brain disorder wins a major battle. what she's now allowed to bring to school permanently and she's the first in the state to do it. >>> plus, blending in, the bay area artist transforming people into places. fast, reliable internet is crucial. does it every go down? yes. can't do my job. business grinds to a halt. our gig-speed network not only downloads files up to 20 times faster, we go beyond fast with 4g backu

morgan's jamie dimon.dow is up 55 and s&p almost give so, they say that ai is the building block of the future. super. but today you're building wind turbines. morning sir. chief, the blade isn't passing quality gate. that's why you work with watson. i detect frictional loss on the midspan. it can detect the tiniest defects from just a few images to help production stay on time and on budget. i optimized the fiberglass finish to reduce frictional loss and maximize airflow. i was also part of the maximizing. for ai that can do more with your data, choose watson. hello. the best ai for the job. dow stock and it could be the beginning of an even bigger run. find out why on tradingnation.cnbc.com more "squawk on the street" is coming up. ♪ ♪ i don't care where we go ♪ and i don't care what we do ♪ just take me with you there are roadside attractions. and then there's our world-famous on-road attraction. the 2019 glc. lease the glc300 for just $469 a month at your local mercedes-benz dealer. mercedes-benz. the

. >> and i'm morgan brennan in for kelly evans. jeff bezos life. the amazon ceo and blue origin founder will be giving the keynote at an air force conferenceches we'll take you there as soon as it begins "closing bell" against right now. ♪ rocket man >> good after, and a very good afternoon, everyone with elton john in the background. >> yes, appropriate music. >> appropriate music. >> he's always appropriate in my eyes. >> i agree. >> particularly today, the song and good afternoon and welcome to "closing bell." welcome to morgan brennan as well great to have you back with us particularly ahead of those comments that we're expecting from jeff bezos. we're going to touch on that more coming from that event and all the other stories. first a check on the markets and where we are with an hour left of trade the dow up 0.6%, s&p up 0.1 and the nasdaq is lagging down 0.2%. kind of been that story this week as well the nasdaq lagging, and the dow outperforming. >> that's right. we've got the dow up for its sixth time in seven sessions, touching the highe

morgan stanley and goldman sachs, both down nearly 10%. the way, saw a 17% decline in trading revenues last quarter. that was due to low volatility and the limits on the ability of wall street traders to profit from market bets it was the worst on the street that stock is now -- by the way the worse performing dow component this year. but banks have bigger problems put together flat yield curve within loan growth that's mostly flattish and higher deposit costs. and you have investors saying, there is better places to put my money right now. back to you, scott. >> thank you very much we'll trade it now >> it's interesting the stocks can't get you bid. >> they seem to foretell another story. i think theearnings profile is returned maybe not to prefinancial criticizes buts valuations are compelling. and i think higher salaries by the way don't mean suddenly the guys are having gangbuster businesses the business haves never been more efficient there is one-half the people working at the banks paying people who are performing makes sense to me.

(the dogs went out there and >>> prized possessions lost in morgan hill. police say they found someone's prized warm ateral. kpix's was there when they showed up. >> reporter: mr. kurtz was out walking his dog when he noticed this, a leather box with a satchel inside, it wasn't just an ordinary box, it had seen better days for the contents were unmistakable, purple heart and a navy corpsman for service in vietnam. if anybody knew the value of those metals is lennie, he has a few of his own including the army corpsman medal for service in vietnam. he turned them over to the police but when officers tried to contact the owner, no luck. they believe the satchel was left on the roof of a car that drove off and sent it tumbling onto the sidewalk. so, morgan hill police turned to social media with this post, someone is missing these today they just might not realize it yet. that somebody turned out to be 75-year-old jeffrey simon. he finally got the voicemail message and came down to police headquarters. >> we have some stuff that belongs to you, does that look

james sullivan, head of equity research, jp morgan.you look at outstanding debt up to $60 trillion, that seems to be scary when you look at the numbers. james: it is and i came out in asia back in 1997 with the similar crisis. the critical differences between now and 1997, you have flexible currency regimes in the region, and you are seeing some work their way through economic markets. and a large percentage of is and not is locally held in u.s. dollars, so you do not have an immediate crisis catalyst opportunity today that you saw in 1990's evan-1998. haslinda: we are looking at indonesia being a different situation. james: we have to overlay the market position that exists. we are neutral on india's equity market at j.p. morgan because it is the most over held market in all of asia from a positioning perspective. china is one of the least held. the indian market is a standard deviation expensive to historical trends. we are looking at earnings growth through the cycle that is enough to keep the market where it is. that is why we are

the down trend -- the up trend that's been in from the april lows jaime diamond, the ceo and jaime morgan goldman was down for ten straight days. yeah, i look at it and i say to myself, i am not certain what they're going to be able to say q 3 earnings i think you will define your risk of october and out to november which will catch the bulk of the components of the xlf. look at november, you buy the 28 and 26 buying one of the february for 58 cents and selling one for november 26th. it breaks at 27.60 that's a four to one pay out i like the risk and reward there. it does not have a whole heck of ump here these stocks are going down. >> financials are such an important part of the market whether it is based on the cost of ten-year money stuck at 10% financial is a big one gold goldman sachs is down 10 >> are they that important to the market >> sure. second or third biggest by weight in the s&p. in terms of the system, the most important sector by far. it is plain and simple >> it is credible that the market has been able to do >> there are two components to the success of financials. one

i am carl quintanilla, with morgan brennan, jon fort tech names are slumping, twitter down almost 3% below the 200 for the first time in a year tech dragged lower with concerns of new regulations from washington one bright spot for the sector joining us at post 9, long time tech investor. great to have you here, jay. welcome. >> glad to be here. >> nasdaq on pace for the worst week since march i wonder what's coming together to make that happen. >> it is important from my perspective, you guys have a show every day dealing with traders. i don't think technology is an easy place to trade stocks we're long term focused. one thing i can say with great authority is underlying fundamentals of technology are strong devices get better, faster, cheaper. entrepreneurs figure out ways to take advantage and disrupt industries or create new ones. you'll have periods of weakness in the stock market. >> why is it hard to trade >> i think it is robust area the spoils are enormous. most valuable tech companies in the world are technology companies. there are thousands of technology companies that do

the rumor that is the wall street wants to offer the services bloomberg reports that morgan stanley isng to offer complex derivatives tied to bitcoin. gifting investors shin thetic exposure to the bitcoincoin contracts. they will be able to long or short the contracts. bloomberg is said the bank is set to launch once theory proven institutional client demand and after internal approval process has been done. we reached out to morgan stanley by the way, and they declined to comment on the story so no confirmation here. goldman sachs is exploring derivatives on bitcoin, called non-deliverable forwards you'll recall that business insider initially reported that goldman was backing off on the bitcoin trading operations but the goldman cfo refute d that at a recent tech crunch conference. >> i think one of the wonderful things about being at goldman sachs is we do get written about a lot. and i never thought i'd hear myself actually use this term tp but i'd really have to describe that as fake news. >> okay. so why are these firms exploring derivative products instead of trading bitcoin? it

morgan, thank you so much for joining us. this "mr. morgan" stuff, that sounds too formal.friends call me "morg." >> stephen: i assume short for "morgan." >> oh, yeah, sure. that, and i used to pick up clients at the morgue. so what's it like to be the newest member of the president's legal team? it must be tense over there. >> it's actually very cool. it's the perfect low-key gig until the ski resorts open up again. you know, it's perfect. >> stephen: but-- you work at the ski resorts? >> oh, no, no. i just hang out by the hot chocolate machine waiting for someone who gets burned and wants to sue. ( laughter ) plus, you get the free chocolate you know. but you have to watch out. that chocolate's hot. >> stephen: so can you tell us your strategy as a member of the president's legal team? >> no, no, stephen, not so fast, man. i believe in something called, "attorney-client privilege." >> stephen: okay, but what about the reports that you don't even know the details of these investigations? >> oh, yeah, well i also believe in something called "attorney what the client did pri

morgan and rishton said the banks alerted them to the fraud when the thieves spent $57 at mcdonald's proof setting up alerts on your accounts especially your credit and debit accounts is vital to cut off fraudsters as early as possible. rushton works in tech and will be offering door dash ideas for improving its security. do you have a complaint, tell us about it, 888-996-tips or nbcbayarea.com/responds. >> chris chmura does it again. >> i want to knock on that door and see the person who is doing it. >> all that food. >> that's a lot. >>> 4:57 right now. certain generation smartphone come at a great learning curve. >> some are not as savvy as others. proven most recently by one dad using his new iphone 10. he tried to take a panoramic picture of his daughter vertically instead of horizontally and her picture got a little distorted. she still decided to post the panoramic fail on twitter which is going viral. if you're curious to know what she looks like, what a difference, right? beautiful girl. >> wow. >> with a great sense of humor and love for her father. >> 4:57. >>> coming up o