mr. holland: funny you should ask. i have more cash than i have had in years, and i have been building it up over the last several months. not to say we are headed into a worldwide recession, a 10-year bear market -- i have lived through most of those -- through both of those and it is not fun. grudging growth in the u.s. and china. europe is a wildcard. interestthe german's to not have things going to duck soup. i think we will muddle through economically. the market is a different story. we talked about china many times in the past. their markets have been just crushed. evaluations are down. people who invest over there for us are not so sanguine as they used to be. having said that, the prices are way down. here in the u.s., as you report every day, we are close to all-time highs, and we have a valuation that is substantially above where it has been since 2008. so, that is not a great time to take a lot of risk. isn't the rally that we are seeing here in the u.s. -- whether you are talking about stocks or bonds -- i

mr. hollande is hosting an emergency meeting at the presidential palace. he says there is no doubt this was a terrorist attack. >> translator: france is afflicted by this new tragedy. she is horrified by what has just taken place, this atrocity of using a lorry to kill, deliberately kill dozens of people who had just come to celebrate the 14th of july. france is afflicted, but she is strong, and she will always be stronger, i assure you. we'll always be stronger than the fanatics who want to strike her today. >> now from paris, becky, the french, you know, as the sun rises there, in france, trying to come to terms with the third attack in 18 months. i've just seen a tweet. >> reporter: it says, there are no words for this madness. it's 9:00 in the morning here, and the french president, as you rightly point out, is now leading a meeting of the security and defense council, before he and the prime minister make their way down to nice to try to provide some sort of comfort for those who have been caught up in what is a truly terrible -- words fail me at this

mr. hollande has a security looking atsically the assessment of where do we go from here, where does thetry go from here. incidentally, perhaps coincidentally, earlier he said he was going to lift the state of emergency that he had declared on november 13, 2015 hen 130 people were killed. aheadis potential looking that he may revisit that exploration and reassess and say that this is something we need to continue. that security meeting is set for 9:00 a.m. local time. angie: live for us in paris with the latest from nice. thank you. risk on rally continues in asia after u.s. stocks posted fresh record highs thursday. here is a look at today's market action. is it trading as normal in singapore this morning? juliette: it certainly is. that big disruption on the singapore exchange yesterday at 11:38 a.m. local time. they tried to come back online, but failed. singapore up, only to bank stocks in the red. so joining in that positive sentiment we have seen. asian stocks poised for their best weekly gain in three months. nikkei up by .5%, adding to the 8% gain so far this week. we are expecti

mr. hollande says there's no way to deny this was in fact terrorism. >> in a national tv address, he saidlle day is a symbol of liberty. something terrorists hate. >> translator: france is affected by this new tragedy. it is horrifying, just horrified by what has taken place. this monstrosity of using a lorry to kill deliberately kill dozens of people who just have come to celebrate the 14th of july, france is afflicted but she's strong and she will always be stronger, i assure you. will always be stronger than the fanatics who want to strike her today. >> well, we're joined with becky anderson from paris. what are the expectations for the security and defense council meeting that the french president will start shortly? >> reporter: it's very unclear at this point. you talked about the state of emergency being extended now. supposed to be ending in a week or so time. now it will be extended until october. there's been no claim of responsibility in the attack. so the discussions will be about what happens and how to prevent this. with no claim of responsibility. but isis in the past urgin

mr. hollande says france will remain strong despite those who want to launch these kinds of attacks. >> this is of an act of which terrorists -- a terrorist attack cannot be ignored and this is of absolute horror. and it is clear that we have to do everything to ensure that we can fight against the scourge of terrorism. >> our nic anderson joins us from paris with the latest. becky, we're being told anti-terror prosecutors have taken over the investigation into what happened in nice. what more can you tell us? >> well, this was certainly attack that caused absolute terror. 80 dead, including children. and 18, we are told, critically wounded in this awful attack. this was carnage on the prom in addition des anglais, which is the main thoroughfare along the beach in nice in the south of trans. thousands gathered to celebrate bastille day and to watch the fireworks display. this was around 10:00 at night. it is now 7:00 in the morning and france waking up to the front bajs in the newspapers today, which simply are headlining horror, carnage in nice, and a deadly 14th of july in this southern be

mr. hollande: this attack that has all the elements to be makes a terrorist attack it clear we have to dower to fight this terrorist plague. in nice ae arrived short while ago. he is the point 10,000 members of security forces. the u.s. state department says at least two americans died in the attack. world leaders are expressing dismay, sadness, and solidarity with france. president obama condemned what he said "appears to be a horrific terrorist attack." donald tusk called it a tragic paradox, noting the celebrated celebrated was -- were celebrating liberty. >> senior officials today will be reviewing what more we can do to ascertain whether there is further action we need to take. our security services and police are ever the joint. >> the french prime minister will -- says the country will observe a three-day period of mourning beginning tomorrow. in the u.s., a longshot attempt by rogue delegates to thwart donald trump's presidential nomination was rejected by a key republican national convention committee. the panel voted overwhelmingly to turn away a proposed amendment that would ha

mr. holland's opus. >> about a beloved teacher in high school. >> one of the most fascinating sections of the book is when you talk about the realities of sound in a crowded place. you talk about governor howard dean the screen and i went to thousand four. aside from the fact that his campaign claps before that moment, he didn't fail because he screamed, he screamed only to the people who are watching him on tv that what he was really doing was struggling to be heard and to hear himself above the crowd which is not being picked up on the directional mike. >> so you go back to the bel air ballroom in january 2004, the iowa caucus just concluded, dean has come in a disappointing herd but he has thousands of volunteers who streamed into the state, who came in with the highest of hopes of him on top of the polls, no farther back than thanksgiving or christmas. suddenly they have this huge letdown. governor dean is backstage, what should i say to these kids? he says he got give them hell, fire them up because the next morning we have to send them to all the primary caucus states and we have to

mr. holland's opus now >> about a beloved music teacher. >> you talk about the realities of sound in a crowded place and talk about governor howard dean's famous scream in iowa in 2004. leave aside the fact his campaign had already collapsed before that moment, he didn't fail because he screamed, but he screamed only to the people who were watching him on tv who didn't hear what he was really doing in the room where he was speaking was struggling to be heard and her himself above the roar of the crowd which was not picked up on the mic in front of him. >> go back to the ballroom in january of 2004, the iowa caucus just concluded, dean has come in a disappointing third, but you have these thousands of volunteers who have all streamed into the state, who came in with the highest of hopes with him on top of the polls, no farther back than thanksgiving or christmas, as suddenly they've got this huge letdown. governor dean is back stage with joe trippy, what should i say? trippy says give them hell. fire them up because we have -- the next morning we have to send them to all the follow-on primary c

mr. hollande has faced a mass killing on french soil.sed a law strengthening the powers of investigators, created a 10 thousand-strong homeland security force and declared a state of emergency that has been repeatedly extended. why is france a prime militant target, the journal asks. the number of people killed in terror attacks in france over the past four years now up to 242. it shows how the country has become a prime target for jihadi violence in the west. africa and itsn bombing campaign in syria has made it the leading european focus of islamic state militants. legacy haslonial also fueled hatred of the country along the margins of its muslim countries. those communities are not always well-integrated into french society and have provided a pool of alienated young men that islamic religions have drawn on. a little bit of an update on the terror attacks in nice. for ours it conversation for the moment on donald trump and mike pence. we have more politics coming up. of the washington post will be joining us from cleveland to talk abo

eeporter: prolonged -- holland has always put some effort into his image, being elected as the mr.normal candidate. he has fared -- laura: reports that donald trump has picked his running mate. u.s. media claims the republican has picked indiana governor mike pence to join him on the ticket, hence his well-regarded -- ticket. pence is a well-regarded republican. trump says there will be no announcement till friday. other potential running mates include newt gingrich and chris christie. meanwhile, the u.s. secretary of state, john kerry, is in moscow, reportedly armed with a controversial plan to cooperate on military action in syria. washington is said to be putting forward a plan to coordinate airstrikes on the two countries' common enemy. to u.s. wants russia pressure its ally, bashar bombing syrianop citizens. in a recent tv interview, aside said he had no -- assad said he had no intention of standing down. the correspondent for "the guardian newspaper," thanks for joining us. critics say the united states and russia have opposite goals for syria. is there any common ground for

mr. toorabally: see this photo -- look at this photo. i'm with president hollande. he said i was an example for the whole sector. >> toorabally's wife bibi is proud that her husband has become a role model in france. but now during euro 2016, she's very aware of the danger he puts himself in each day. mrs. toorabally: it does make me afraid. >> it seems others are afraid too. fewer people are visiting the fan zones than in past european championships. the euphoria is rather subdued. and salim toorabally will continue to be on the lookout for potential danger. damien: next to ukraine. the conflict in eastern ukraine may no longer be on the front pages. but the region remains volatile. and over the last few months we've even seen an upsurge in fighting between ukrainian forces and pro-russian separatists. international observers blame both sides. the problem though for the ordinary ukrainians who are trying to set up a free and democratic pro-european state, is that they're fighting on two fronts -- with rebels in the east. and with corruption within their own governm

mr. toorabally: see this photo -- look at this photo. i'm with president hollande. he said i was an example for the whole sector. >> toorabally's wife bibi is proud that her husband has become a role model in france. but now during euro 2016, she's very aware of the danger he puts himself in each day. mrs. toorabally: it does make me afraid. >> it seems others are afraid too. fewer people are visiting the fan zones than in past european championships. the euphoria is rather subdued. and salim toorabally wilill continue to be on the lookout for potential danger. damien: next to ukraine. the conflict in eastern ukraine may no longer be on the front pages. but the region remains volatile. and over the last few months we've even seen an upsurge in fighting between ukrainian forces and pro-russian separatists. international observers blame both sides. the problem though for the ordinary ukrainians who are trying to set up a free and democratic pro-european state, is that they're fighting on two fronts -- with rebels in the east. and with corruption within their own gover

mr. trump will be changing. a didn't direction. lou: that change would be the friend' would say is overdue. -- the french would say is overdue. president hollanded war against the islamic state but has not carried through on that declaration. when we go back to november of last year after the paris attacks, nothing happened. so little happens. this president leading nato, leading our european allies. in what direction? it seems to be at an utter stalemate. and only the feeblist of actions taken. >> most of our allies are at war. it will be france, belgium, great britain. other countries, russia. western civilization as a core. the problem in washington we don't want to recognize that. we don't recognize we are dealing with the ideology. if you look at statements made in france and britain. even in the arab world they call it jihadism, they understand. we are the leaders of the world and we are looking in a different direction. lou: dr. walid phares. thank you. we appreciate it as always. sources are telling fox news that the islamic state accounts online are celebrating and telling followers to use the nice trash tags. we'll have much more on t

tom: when i look at this, i see president hollande using technology to go after isis in syria or wherever and i see mrrump in the united states asking, when will we learn? what should be the policy response to the reality, not of institutions like islamic state, but the lone wolf? how do societies deal with this? fawaz: if you ask me, with all humility, i would say there are no easy answers. there is no easy fix to this complex phenomenon. it is very difficult to basically put an end to this particular phenomenon. think how easy it is for individuals who are radicalized in the privacy of their homes or radicalized online. we have to have resilience, we have to appreciate the complexity of this phenomenon, we should not buy into the rhetoric of some politicians believe there are quick fixes or certain magical wands to deal with this phenomenon. scarlet: tom mentioned syria and how president along -- hollande will further strengthen airstrikes. to -- airstrike 70 lake do the airstrikes have any link to these attacks? fawaz: i think so. france has taken a leadership role in iraq and syria as day one -- a

mrs. may had bought some time where it mattered most. before brexit, french president francois hollandeld bring consequences. on thursday, paris. having previously urged immediately against, president hollande agreed britain needed a little time to prepare. but he still wanted talks as soon as possible. >> translator: it's in our common interest the sooner the better. >> the new prime minister has had a dream start. british officials were happy, too, with the continental trip that has opened communication channels. but the sticking point remains. the eu won't open until a brexit in britain that accepts free movement of people. mrs. may is adamant she will restrict immigrant entry. for now, en pass. robin oakley, kropb, listcnn. >> a heat dome in the u.s. it's the first time the three cities, the largest in the u.s., have been under heat alerts all at the same time. chicago's mayor has asked people in his city to look out for those most vulnerable during this extreme heat. >> if there's any sick person or an elderly person in your neighborhood or community or your neighbor, if you could,

mr. ambassador, for coming in, and our deepest, deepest condolences to all of the people of france on this horrific attack. >> and gerard arnaud is the frenchf ambassador to the united states. earlier, the president hollande visited some of the dozens injured in the attack, and we will have a live report coming up on the injured outside of the hospital in nice. all her aches and pains. and i said "come to class, let's start walking together" and i said "and i bet you money you'll be able to do that senior walk". that day i said "ok it's me and you girl, me and you!" i said "if you need to stop, there's a bench we'll just hang out in the shade." she said "absolutely not! we are going to finish this race!" and we were the last ones in, but you know what? we finished the race. and she goes "desiree, i'll never quit walking. ever" do you think i'm gonna crack under pressure or conquer the field? defy expectations any day with always infinity. made with flexfoam. absorbs 10x its weight. rewrite the rules. always. i am a lot of things. i am his guardian. i am his voice. so i asked about adding once-daily namenda xr to his current treatment for moderate to severe alzheimer's. it works differently. when added to