volkswagen, and that is on the news that they have averted regulation and are under .nvestigation by the doj unbelievable move that we saw today. it cannot be over, right? --joe:and this story is this story is absolutely unbelievable. we will be following it for some time. into the s&p 500 chart. butidn't move a lot today, right here at my cursor, that is presidenttlanta fed came out and said we are still looking at rate hikes this year. we are sort of in a fascinating moment and will talk about it with our guest, david servos in a moment. said wehas come out and are priced to hike in the markets seem to be liking it. alix: is it technical or actually fundamental i'm looking -- or actually fundamental? theirators have increased short positions in stocks to the highest level since 2009. and it really echoes what came out of citigroup saying, look, investor sentiment is so horrible. you actually need to buy stocks right now, but everyone hates it when you need to be in. are these shorts and winding here, or aually fundamentals? when there's this much hate, you tend to be bullish. isx:

an international team has begun .nvestigating an explosion he and his wife were returning when the blast happened. the president escaped unhurt, but his wife and an eight suffered wider injuries. a bodyguard was seriously injured. investigators want to know if you have -- the explosion was an accident or an attempt on the president five. -- the presidents life. the crisis in syria has dominated the u.n. general assembly with president obama opening the door to collaborating with russia. there are signs the two sides will have to work together. the white house says president assad must go. yvonne: singapore shares are sinking further into their market territory. investors worried about a slowing economy. the selloff comes as the prime minister reshuffles its cabinet, looking to embrace them from growing economic challenges. how tough does it look right now? >> it is going to be cuffed. market,rket -- bear falling further this morning. blame it on china. singapore is highly dependent on exports. largest trading partner. singapore is also a commodities-trading of -- hub. investors are prett

. >> well you have more federal .nvestigation even if they have to pull out things are kind of going south. [laughter] >> it was already going south in the 1880's. you have carpetbagger and it's a different atmosphere. >> you have all of those things in reconstruction. and you have the desire to turn the south into a more democratic society. what about by the 1880's? what is changing? >> the historic rise. >> the emergence of this. it's not as democratic as we tend to think from our perspective. but this is south carolina. carolina has a distinct past. it is sort of the ground zero of reconstruction. it has to work is south carolina. is the aristocracy of south carolina still what it once was? important to the chestnut class. .hivalry is this still shivery? whatever else we might say about , the town ofons politics has changed. the example of what a south carolinians was is shifting. >> and her entire lifestyle has been demonized. the whole nation, yes. the entire nation changes. has changed. >> was and it kind of romanticized more than demonized? they were talking about the novels w