j-p-morgan, capital one, and even amazon, aren't commenting yet.let customers seamlessly pay for everything they already get from the site. amazon has already ventured into other business areas including shipping and medical care. as as mentionened as as mentionened earlier in the broadcast... the raiders have released linebacker aldon smith... two days after his alleged involvement in a domestic violence incident... according to san francisco police... smith san francisco according to san francisco police... smith left the scene after the incident and was being sought for questioning his fiancee said that the former all-pro has checked into a rehab facility.... she said her parents took him to rehab at his request. "i wish the best for aldon. and i'm scared for his life with his addiction." added his fiance. "i cannot comment on the altercation... but i can tell you i love him and so happy he turned to my family who considers him family... and hopefully he gets the help he truly needs." former raiders head coach jack del rio... who coached smith f

shirt the woman is wearing crash a p morgan by silver so they're using a image from that campaign in two thousand and eleven and remarkably here's the chart of the j.p. morgan silver position this is two thousand and eleven and kim fein and this is how much silver they now have and the article in value walk points out j.p. morgan now has a record high one hundred thirty two point one million ounces of physical silver in this comix warehouse inventory why they ask the start of j.p. morgan's co max silver bullion stacking began only a few months removed from outspoken financial commentator max kaiser's november twenty ten public plea to buy silver crash j.p. morgan this was broadcasted across the world on russia today r.t. is funded in whole or in part by the russian government so they credit you as causing j.p. morgan to start to accumulate silverware in order to avoid your campaign i guess it was you were pointing out a flaw in their algorithm or in their understanding of futures markets in the left that they were vulnerable to any physical purchases of over their vote on their balanc

p. morgan buy sell for they've since kind of flipped on their position apparently the other long sell for and so you're suggesting. that this is to be expected if you're looking ahead and seeing a massive rally and commodities and silver is a way to play it right well i think there are a couple things going on with that play i mean i think the u.s. dollar has seen better days and i think u.s. dollar germany is past its sell by date as well i think that trade is over i think the euro has a lot of problems if you look at you know what currency what is a currency first of all a currency is a store of value right it's a promise of a government to repay people eventually are going to realize with the united states issuing even more debt you know historic amounts of debt debt debt that the dollar has to go down because we can never repay the debt that we have which i explain and plan a ponzi we have two hundred fifty or two hundred sixty trillion dollars in debt when you include all the obligations that we have in terms of social welfare in title new programs medicare medicaid and it just keeps

j-p-morgan, capital one, and even amazon, aren't commenting yet.) the amazon-branded checking would let customers seamlessly pay for everything they already get from the site. amazon has already ventured into other business areas including shipping and medical care. (grant) turns out people are spending more money when they are drinking. nearly half of people who drink alcohol... admit to making purchases when drunk. a report says gen-x-ers spend more than millennials. and men tend to spend more than women while shopping when intoxicated. researchers say people are buying food, clothes, and gambling. americans have more than doubled their spending on so-called "drunk shopping". u.s. drinkers now spend an average of 447-dolalrs per person a year while tipsy. that's up from 206-dollars per person last year. (vicki) still ahead... president trump's talk about tariff's is now sparking fear of a potential trade war. we'll explain how this affects consumers. (lawrence) i'm chief meteorologist lawrence karnow, i'll have your full bay area forecast after t

p. morgan chase to help launch accounts aimed at younger customers.ng a bank. according to a recent survey, roughly 45 percent were open to using amazon as their primary banking account. it would appear amazon is open to teamwork, especially since the company is unable to make loans by law. loans by law. unable to make company is since the especially to teamwork, amazon is open would appear account. it banking their primary amazon as no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. golden gat bridge drive time less than 30 min from 37 to the toll plaza. richmond bridge drive less than 20 min from the toll to 101 gun ownership is a heated, highly-debated topic following last months deadly school shooting in florida. kron 4's philippe djegal was at a gun show in fairfield where he talked to gun owners abut the issue. rifles... shotguns... pistols... and a ton of ammunition. if you're a gun owner -- the fairfield gun expo is a convenient one-stop shop.iris page/visitor- "i di

worst for the s&p in two years. what j.p. morganhase is saying, their top analysts, that forecast conditions are needed for stability. the samewkish fed, inflation, and the trade war could blow things up. take a look at possible trade war wounds already, where we saw some of the biggest chinese retailers take hits as president trump went after chinese products and imports. we saw china come back with a deal to hurt material companies in the u.s. bloomberg, #btv 9677, this is a gold chart showing a strong showing with bullion backed etf's the highest in five years. this is a safe haven place. and definitely in terms of international holdings we have seen them the highest since 2013. that tells you that there is a concern about what is around the corner. quickly take a look at earnings which are ahead of the holiday. the market will be closed friday. companies from monsanto to blackberry will be coming out with earnings. and a final chart, we have got a couple of economic pieces of data coming out including u.s. spending, consumer spe

morgan... >> autoridades de sacramento en alertas una secundaria evacuados >> es la ... >> poero son para el fin de semana. ---y es que empieza un pto de boxeo para los jovenes, que la comunidad venia pidiendo por cerca de 8 aÑos..... ---pilar niÑo nos cuenta quienes podran participar. (musica) >> nos cuenta quien podra par participasr >>viernes de boxeo es un nuevo p programa de entrenamiento, y i quien mejor que una campeona y p profesional del deoprte es superimportante porque yo c como vocera amo el deporte y donaran su tiempo para entr entrenar a otros niÑos >> y si me funciono con mis hijos poara mantenernos fuera de las calles le puede funcionar a muchos papas >> gratuitamente podran parti p participar niÑos de los 18 aÑos hasta adultos de 30 aÑos en una zona con povocos programas par a adolescentes. >> iris dice que ha visto el d poder transformador de este d deporte >> . muchachos que han estado e la carcel, llegan al fimgimnasi pueden sacar todo esu enojo t s entonces yo misma le dije que ayuda mucho. >> y aydan con una razon espe especifica y es que este prog m programa >> ghemos encontrado que las ma motivadas en este

morgan stanley >>> welcome back to "fast money. stocks getting slammed this week and the s&p 500 is now just half of a percent away from correction territory let's get to bob pisani at the nyse floor >> hi melissa. what a week for wall street. my heavens, the s&p moved in a 150-point range, opening the week at its high and closing at its lows the big problems, the most important sectors, financials and technology aren't showing leadership both sectors were down nearly 7% this the last five days. together they are 40% of the s&p 500. if they are weak, there is no way the market can significantly advance. tech stocks were hit hard. facebook was down 14%. social media is in the midst of an extension crisis right now. all the other fang stocks they were down notably as well, amazon down 4% alphabet 9%. the weakness in bank stocks was in the biggest names as well, morgan stanley, bank of america, key corp, pnc financial, all down 7 to 9% these stocks are sitting at the lows they saw in february. utilities and energy led the charge but they are such a small part of the s&p 500 they

morgan stanley >>> i'm always looking for inexpensive stock, a 1% gain s&p.cron, in western digital, in intel. >>> i like to say there's always a bull market somewhere. i promise to try to find it just for you right here on "mad money. i'm jim cramer, and i will see you tomorrow >> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ shannon: and we're from san diego, california. come on, james! we're two busy moms always on the go. regan: shannon and i met at our kids' preschool field trip. after a long day with 40 4-year-olds, we were ready for a glass of wine. [ both cheering ] we dropped our kids off with our husbands, and we've been friends ever since. regan and i both worked in corporate america for several years, and it came a point in our lives

demorrademorraras asi que hay transito pesado a morgan hill tambien condiciones lentas pero no se reportan accidentes . >> vemos que pasa al este de la region oeste a la 680 le toma pmente 17 miutnutos, m vemos que la velocidad promedio eesta en pan t,talla viajamos a velocidad que disminuye la 580 en direccion oeste veomos que a esta congestionada , tambien d todavia causa lluvia y note a la 101 a san ravfael maneje ne c cuidao . >> alerta con padres porque oso tenia arma ante un aa escuela. >> comenzo el juicio a la viuda del autor de la masacre de lfla florida . >> siganos en loas rsedes socias en las direcciones en pantalla a ade ademas nuestro sitio en pantalla esta disponible . >> -- musica . >> abandonado en un parque. -- el inc (musica). policia invesitiga quien la pe un arma al oso de peluche en p n pantalla, . >> una persona dice que lo dejo pero no le puso el arma haorah p por ser juguete no hay invest a investigacion . >> se queda fuera cuando nikolas mataba a 17 persona, peterson se jubilo en vez de aceptar una s suspension sin goce de sueldo . >> por varios medios dicen que e el video se mostrara . >> en ring de boxeo entrada de e escuela en nueva yor

200 points a gain at opening of trading 13 points on the dow, a gain of 3 points on s&p 500, joining us right now morganedged for about a year now. >> yeah, we started getting hedged end of last summer. were you expecting this market to trade down. >> you never expect it to trade like yesterday yesterday tough o sell-off we looked at the beginning of the year, pretty conceptically a big move last year up 20 plus percent the end of january, was a big turn in momentum, really kind of made a top that last day of january there has been a top we call distribution people buy early in the morning the big money comes in sells in afternoon that has been happening, most days over last six weeks. maria: why? why negative on this market. >> couple things one valuations high been high why can't they keep going up they have to have higher earnings earnings growth i think have peaked i think we had the big euphoria around the tax bill i think what is happening now is companies realizing wait a minute i still have to compete, there is a lot of deflationary forces technology demographics putting pressure on earns, inter

p look at live doppler 7 now. we're going to go into where we're seeing some downpours. so, it's moderate to heavy rain that shifted from san jose to morgan hill, san martin. santa cruz mountains are getting clobbered as well. sunnyvale street level radar, you'll notice it is coming down hard. in the east bay i want to show you something very interesting. we are seeing in snow over mt. diablo and as you take a look here, we are seeing some snow falling right n nowvever mount hamilton. also tracking some moderate rain around newark, paseo padre, san francisco peninsula, it's lighter as we look to the north around lake and mendocino counties. we are seeing some snow showers, and spotty showers at the lower elevations. this is level 1 system pockets of moderate rain tonight. tomorrow chance of thunder, gusty winds. and those winds are still howling. 41 miles an hour mount tam, altamont is 51 at the lower elevations. winds are beginning to come down. but watch out for trees and power lines toppling. hour by hour look at your morning commute and beyond coming right up. dan and kristen? >> all right, sandhya, thank you. >>> interstate 80 throug

p 500. bank of america is on pace for their worst wake in a year, as well as morgan stanley, on pace for their worst week in more than two years, going back to january 2016. 10-year yields are falling. this has hurt the financials. i want to wrap it up with that risk we have been talking about as the equity markets have been selling off. gold is rallying. was actuallyyield lower, at 2.27%. we started the week at 2.31%. david: thank you. shery: breaking news. is saying itlytica is undertaking a third-party audit in order to verify it does not hold any of that controversial gsr data they have been accused of harvesting. they have been accused of harvesting millions of facebook users' information. without their consent. are undertaking a third-party audit to verify it does not still hold that gsr data. are still waiting remarks from president trump at the white house. there taking a look at diplomatic room. we are expecting him to sign the omnibus spending bill. we will bring you the latest as we get it. this is bloomberg. ♪ shery: the president is set to sign an omnibus spending bill after warni

p 500 are mylan and lam research. in the case of mylan, the stock is boosted from overweight from morgan stanley. the analysts say that the company can gain share because of weakness of competitors. lam research is returning to shareholders for raising the quarterly dividend 120% and adding $2 billion to the share buyback authorization. david: thanks so much, julie. coming up, south korean emissaries report that north korea is prepared talk about mothballing nuclear weapons if it gets the world's assurance of security. we talk about whether this is really a breakthrough. this is bloomberg. ♪ shery: this is "bloomberg markets: balance of power." i am shery ahn. david: i am david westin. here was "first word" news is mark crumpton. mark: kellyanne conway violated a federal law that inhibits government officials from using their positions to influence clinical campaigns. the office of special counsel, unrelated to robert mueller's office, says conway violated the hatch act when she advocated for republican roy moore in the alabama senate race. the white house says conway did not advocate for or agai

p look at live doppler 7 now. we're going to go into where we're seeing some downpours. so, it's moderate to heavy rain that shifted from san jose to morgan hill, san martin. santa cruz mountains are getting clobbered as well. sunnyvale street level radar, you'll notice it is coming down hard. in the east bay i want to show you something very interesting. we are seeing in snow over mt. diablo and as you take a look here, we are seeing some snow falling right now over mount hamilton. also tracking some moderate rain around newark, paseo padre, san francisco peninsula, it's lighter as we look to the north around lake and mendocino counties. we are seeing some snow showers, and spotty showers at the lower elevations. this is level 1 system pockets of moderate rain tonight. tomorrow chance of thunder, gusty winds. and those winds are still howling. 41 miles an hour mount tam, altamont is 51 at the lower elevations. winds are beginning to come down. but watch out for trees and power lines toppling. hour by hour look at your morning commute and beyond coming right up. dan and kristen? >> all right, sandhya, thank you. >>> interstate 80 through

global head of derivatives and quantitative strategy at jp morgan marco, glad to have you with us again. you have got a 3,000 target on the s&p 500. has anything changed today does today make you take a pause here >> no. today was an ugly day. it was disappointing we were expecting the market to go up a after the fed. yesterday' fed we saw it as a positive for equities. market reaction for 22 minutes was in that direction, going up. we were thinking after yesterday's close in thered that we would basically go up today. didn't happen. we had overnight selloff be between 2:00 and 3:00 a.m. if you look at the u.s. futures for some reason they got smacked down pretty hard in the nighttime hours and that spilled over in the morning in the u.s. hours. we broke the 200 day moving average. i think some of the tick technical sellers like cps probably had to start selling along the way. obviously there was an announce men on tariffs people didn't want to step ahead of that. once the announcement came, market rad rallied and rolled over and then we accelerated dealers were short on the downside, sliced through the put options, trying to

p aying higher prices. for buffett, if prices are going hasome down this year, he strike. he wants to do one last deal and solidify his legacy. >> jp morgand it annual investor day yesterday. some highlights strike. he wants to do one last deal discussed berkshire and amazon, and the blockchain impact on its business in the battle on mobile. >> if they had any message, it hear usare jp morgan, roar. jamie dimon as ceo said, we will defend our turf. if there is an upstart or competitor that wants to compete, we will spend $5 billion, we will spend whatever it takes. i think the reason is because they can afford to do so. jp morgan is benefiting from scale more than ever before. is similar to many thanks in the u.s. banking industry. president trump: i think it is time that a president stepped up. i'm talking democrat and republican presidents. >> president trump wrapping up a bipartisan congressional meeting. a wide-ranging discussion about what to do in the united states over greater gun control. >> congressman and senators here say they need to get 60 votes in the senate. it has to be focused. you see the president saying, i want it to b

p 500 worst in more than two years. red across the screen. the j.p. morgannalyst sees a couple factors impacting this positive outlook. one is a less hawkish fed. tamer inflation. and stable activity data. but no trade war is the caveat to have this scenario play out. take a look at what trade war looms we appear to see on friday. were hit hard.s you also saw a lot of steel and metals down on friday as china shot back with his own countermeasures. let's go into the bloomberg dril-quip g #btv 9677. this is a strong showing of gold. when times get tough investors turned to gold. highest in five years. internationally we're seeing big holds as well. let's go into some of the earnings stories for this coming week, because earnings and eco data will be some drivers. a number of stocks from monsanto, blackberry. they will be reporting. in terms of eco data, you have consumer spending, u.s. consider considered to be coming in strong but somewhat tamer than the last quarter. it is a holiday-shortened week. how much can happened? that's the question. what we will not

in mike wilson, morgan stanley chief equities strategist, one of the biggest bears on wall street. the dow and the s&p, lower for a second day, the nasdaq ending a seven-day winning streak. is there a little bit more in terms of people wondering whether there's an inflection point for markets? mike: i don't think today was anything special. it was a shock to the world. way thishe administration has been operating for 18 months, 16 months, and the point is, yes, the market was looking for a reason to pull back. we had a powerful moment last week that was culminated with the good jobs data. our call this year -- it's funny, i'm introduced as the biggest a bear on wall street -- i am just saying there is a trading range of this year. last year, i was very bullish. the interesting thing to me is how fast the market sentiment has changed in four or five months. 2600-20th hundred, and we are looking for the next catalyst to break us out. we think the next catalyst will break us out to the upside, but that is earnings. that is what we are waiting for. we are going to ping-pong back-and-forth, some geopolitic

p and i believe the nasdaq. can't seem to get back to where they were earlier. united health group ahead of the curve, closing bell 39 minutes away. morgan stanley saying america's largest health insurer is ahead of schedule in addressing pharma spending growth and its shift to new pricing models. unh second from the top of the dow 30 leader. dollar general reporting better than expected fourth quarter store sales but we did dig a little leaper. turns out the chain had fewer shoppers. so most of the gain came from price hikes. but despite that, it's helping dollar tree as well. dollar general up 4 infor 42/3 >>> when we come back, adam shapiro rushing to our cameras on capitol hill. a busy sneu news day. much mur on tha more on that ane story. please stay with me. copd makes it hard to breathe. so to breathe better, i go with anoro. ♪go your own way copd tries to say, "go this way." i say, "i'll go my own way" with anoro. ♪go your own way once-daily anoro contains two medicines called bronchodilators, that work together to significantly improve lung function all day and all night. anoro is not for asthma . it contains a type of medicine

p, up 4%. the stock which has seen fair share of downs due to epipen pricing controversy is seeing share of up. surging after analysts at morgan stanley turn bullish on the company, boosting the price to $50 from a share. not quite there to $50. >>> harley-davidson skidding at this hour after the motorcycle maker warned that any retaliatory tariffs from any other companies countries would have significant impact on sales. harley down another 1.5% to $44.51, and it's a problem because harley does a lot of international business, they import some of their parts that are made of steel from europe and from other foreign countries, but harley is one of many american companies that global leaders plan to target. bloomberg reporting it has a list of u.s. goods from the european union is aiming for in tit for tat tariffs, including the motorcycles, blue jeans and bourbon, whiskey. american leaders immroerg the house speaker paul ryan suggesting a surgical way to go after abusers of global trade. in the last half hour, senate leader mitch mcconnell and senate minority leader chuck schumer on the democratic side with strong words on tar

p 500 company. you have regulations cutting through 2018. in 2008, when things were on the downswing, you are looking at have -- issues, now you morgan stanleyto the financial advisor route of things. i think 2018 is a great year for financials. alix: if i take a look at what goldman was under blankfein and what it will be in the next five to 10 years, it could potentially be more about markets, lending, more cross-selling on the street as well. walk me through what you see as the significant changes. >> i think we have to think about the management and then the environment. i think goldman at its core remains focused on the institutional business. it is a company that has always done well in their banking franchises. obviously the trading franchises have gotten a lot of scrutiny recently because of the extremely long cycle with low volatility. i think that continues to be the core for goldman. they are adding things. as different businesses in different markets have matured, they are also focusing on new markets and creating opportunity. are their first foray into the retail business. they think they have some competitive strengths there. w

p 500 today. new highs beat new lows 60 nothing. apple, amazon, microsoft, all of these names. the semi's working well. and who joined in this rally? goldman sachs. morgan. bank of america. financials joining in as well. with the cpi coming out tomorrow, i think so many people think -- let us stick with what is working. we will stick with the trend. report wethe last cpi saw was some of the highest numbers that we had seen in many years. we saw report we little pullback from the broader market late in the afternoon so that could just be a sign -- stick with tech, stick with what is working and we will ride it through the cpi report. joe: is it still frustrating for active portfolio managers? if you want to outperform this intot, you have to pile this same super popular stuff that everyone else is piling into. eddy: that is always a frustration. group ofhave a small names lifting the entire market. when you have just four or five stocks draining nearly everything. since the beginning of 2007, about 15% of the entire market due for the s&p 500 is solely to apple and amazon. 15% of the entire game. julie: will that keep going? twoyou a buyer of these stock

morgan brennan carl, david, and sarah are off today. let's look at the markets after what was the worse day for the s&p and nasdaq since february 8.e finding stability here as the fed kicks off its two day fomc meeting, the first for jerome powell. we have the dow, s&p and nasdaq higher our road map starts with facebook fallout after the latest day a misuse scandal. new calls for lawmakers for social media ceos to testify and reports the ftc will investigate facebook's use of personal data. we have the details. >> stocks moving higher. the dow gaining close to 100 points a full market rundown is straight ahead. >> and rolling back dodd/frank banking regulations. house financial services chairman jeb hensarling joins us live this hour. >>. >>> stocks rebounded yesterday with the dow up triple digits as investors await a rate hike from jerome powell's first fomc meeting. for more, let's bring in david zerv zervos, barry banister barry, i'll kick it off with you. what was behind yesterday's selloff and what changed today >> a lot of yesterday started with facebook which has been a market darling with the faang trade for years but par

p-m at the lincoln theater, in the napa valley performing arts center ... on the veterans home campus in yountville. ( james ) in the south bay... police in morgan man's white watch... and that will lead them to him. ( james ) in san jose... police are looking for this man... who they say stole a piece of art from a hospital. the stolen picture is said to be worth 16-thousand dollars. it normally hangs in the new sobrato building... at valley medical center. ( james ) happening tonight... the mega millions drawing. the jackpot is now up to 345 million dollars. áif you win... you could take the lump sum of 205-million. and if you're really feeling lucky... you could also buy a powerball ticket. that drawing is tomorrow night... and the jackpot is up to 455 million. (rebecca) i'm tracking your 7-day forecast. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. golden gat bridge drive time less than 30 min from 37 to the toll plaza. richmond bridge drive less than 20 min from the toll to 101 rebecca:unsettled weather conditions will persist through saturday with cool tempe

morgan stanley. back to you at the stock exchange >> thank you very much good stuff see you later. we are heading to the close, the z s&p is now positive. >> on this international women's day. >> yes >> and looks like the dow industrials as well, well off the bottom, it's down only about 52 points and considering it was down 350 at the low, but 180 announcing the possible carveouts, and we predicted this would happen >> yes good at that short term stuff at least. >> we are. meantime, one time hot retailer abercrombie and fitch bouncing back >> netflix seeing the stock hit an all-time high, gets a red bulleat.m a top analys a -br faceoff on the number one's streaming services stock price. when this bell rings... ...it starts a chain reaction... ...that's heard throughout the connected business world. at&t network security helps protect business, from the largest financial markets to the smallest transactions, by sensing cyber-attacks in near real time and automatically deploying countermeasures. keeping the world of business connected and protected. that's the power of and. >>> at the moment, the dow is the major average

the s&p 500 lower by 42 points and nasdaq off by more than 110 points that's a decline of 1.5% the industrials are the worst performer in terms of percentages. 1.75%. >> let's bring in chad morganander, portfolio manager with washington crossing advisers i can imagine, chad, people are tuning in, people read the headlines and they see another big sell-off on wall street, what in the world is going on. what do you tell them? what are you advising your clients to do right now? >> right, well, stay balanced. we think that the u.s. economy is quite strong at a 2%, 2.5% growth rate, and earnings will be quite robust in 2018 and into 2019 but unfortunately, we're still in a low return environment. we forecast that the s&p 500 will be up roughly 5% and a long term forecasted return over the next five years on an annual basis. and as the federal reserve moves up and starts raising interest rates and we're expecting another two to three times over the next 12 to 15 months, then that asset class will be more competitive with equities. >> you know, if you think interest rates are going up, you want to tell people to go to the financials if you think they're going down, you go with the uti

, april 13th, jp morgan kicks it all off, we should see investors feel reassured about the fundamentals of corporate america. >> maria: you're expecting 16.5% earnings growth in the s&pt quarter, right? >> dagen: one thing weighing on the market, we were talking about this in the break, it's not just facebook and regulatory risk at some of these technology companies. we'll also look at tesla. i think tesla's stock fell more than 7.5% just yesterday. the unsecured bonds that mature in 2025, you mentioned this, fell to 86-cents on dollar. they recovered the cents of that. that's a real concern with the burn rate, at tesla it was $1 billion a quarter recently. they're trying to get production rolling of the model 3. that's a real concern. i think that is another canary that we need to watch. >> maria: you're absolutely right. >> and threats about a trade war too which may be tamping down a little bit. >> maria: trade war worries? >> worries. >> maria: tesla, first it was the stock that traded down. now we're worried about the bonds. that's showing liquid at this worries. >> we're nerds. we watch the he debt. debt. the ebbing you which a equity d. the financial crisis wa

morgan. don't miss them all another. we keep it on right here with february the red good market lower again yesterday in a volatile session. the dow and the s&p 500 launching the worst month of performance and 10 months with the nasdaq with the weakest month since october 2016. this comes as investors weigh the testimony from the chairman of the fed today. jay powell will take a hot speaker set to take questions with the senate committee. let's talk about that appeared similar to what we heard on tuesday? >> kind of steady as she goes policy as far as becoming the powell said. if he thinks the economy is in good shape, a lot of this market action in recent weeks. we see people getting comfortable to the idea rates are going up four times this year. this is kind of a natural progression that has to happen back to a normal market. he got some grief this week saying when are you going to shrink the balance sheet. a lot of these politicians under their big spending binge recently, i don't know if they can be the voice of financial rectitude right now. maria: that's right. that narrative is a little more inflation and higher interest rates and is