and this is a ledger that was maintained by the proctor, who was essentially the chief operating officer of the university. it's called the day book, and in 18th century, 19th century accounting. this where is wrote wrote down incoming and outgoing funds every day and you would eventually transfer them officially to a ledger, under the various funds you establish balances. the great thing about this is the proctor actually made notes to himself about what some of these expenses were for, and so it goes from things like a barrel of nails, to a 500-pounds of flour, to x number of board feet of lumber, to hauling bricks and hauling earth, and most importantly, for uva, it shows you the source of the labor that was used to actually build the buildings, and here on this page the proctor has recorded payments that were made to individuals for the hire of slaves, and the slavers are actually named. you can see here is payment for his tom. that's the name of a slave. and then barrett and george. so, we know who the individuals were and what the name of the slave was who was hired to work here at

the great thing about this is the proctor made notes to himself about what some of these expenses wereor. it goes from things like a barrel of nails to 500 pounds of flour to lumber to hauling bricks. most importantly for uva, it shows you the source of the labor that was used to actually build the buildings. here on this page, the proctor has recorded payments that were made to individuals for the hire of their slaves. the slaves were actually named. this is payment for his time. -- for his tom. the name of a slave. we know who the individuals were and what the name of the slave was who was hired to work here. this goes on and on throughout the years of construction. it's been identified that there were 50 to 75 uniquely named slaves. sometimes if we are not sure it's the same person, not every slave was hired for a duration. it was, the slave would be for the year. on the new year, the contract would be offered to the owner and renegotiated. a lot of this was done a monthly or daily or weekly basis. if you finished moving earth, you don't need as much labor until you can send them ba

the great thing about this is, proctor actually made note to himself about what some of these expenses were for. and so, if goes from, you know, things like a barrel of nails to, you know, 500 pounds of flour, to x-number of board feet of lumber, hauling bricks and hauling earth and most importantly for uva, it shows you the source of the labor that was used to actually build the buildings. and here on this page, the proctor has recorded payments that were made to individuals for the hire of their slaves. and the slaves were actually named. you can see here is payment for his tom, that's the name of a slave, and then barrett, and george. so, we know who the individuals were and what the name of the slave was who was hired to work here at uva. and this goes on and on and on throughout the years of construction. it's been identified that probably overall, there was somewhere in the neighborhood of 50 to 75 uniquely named slaves. there's sometimes when we're not sure if the same slave with the same name is the same person. and of course, not every slave was hired for the duration. it was

this is a ledger that was maintained by the proctor, who essentially was the chief operating officer of the university. it is called a daybook. an 18th-century-19 century accounting, this is where you wrote down in going and outgoing funds every day. of you would eventually transfer them officially to a ledger under the various funds. you would establish the balances. you would see all that sort of thing. the great thing about this is the proctor actually made notes to himself about what some of these expenses were for. it goes from things like a barrel of nails to 500 pounds of x number of pounds for lumber to hauling bricks. most importantly for uva, it shows you the source of the labor that was used to actually build the buildings. here on this page the proctor has recorded payments that were made to individuals for the hire of their slaves. the slaves were actually named. you can see here is payment for his tom. that's the name of a slave. and barrett and george. we know who the individuals were and what the name of the slave was who was hired to work here. this goes on and on th

how can proctor and gamble end up so badly?he answer is that nothing is really wrong with any of these companies, except their stocks simply got ahead of themselves. investors got so excited that they bid them up to unsustainable levels, but don't confuse the stocks with fundamentals are as good as ever. while i want you to own high quality companies, i would like you to pick them off at bargain basement prices. they're having a selloff and they're doing so for technical reasons only. what kind of quarter did pepsico report? a dependable set of numbers, great execution and a lot more organic growth than coca-cola. why did it rally? it already went from 113 in february to 115 during the quarter. and pep just can't going to be rewarded for doing its usual great stuff. so you get this kind of pull back that lasts a couple of days and then you buy. it's been a core holding. as for boeing, the last type it reported, the company delivered much better cash flow, a phenomenal set of order wins, while trying to reap the harder set gains

continue building buildings that was very critical as it always is, and this is a ledger mantessed by proctor that was essentially chief operating officer of the university. it has called the day book, and in essentially this is where you wrote down incoming and outgoing funds every day. and you would eventually transfer them officially to a ledger you know under the various funds you would establish balances. you would see all of that sort of thing. the great thing about this is -- made noatsz about what these were for, so it goes from -- a barrel of nails to 500 pounds of flour to x number of board feed of lumber to hauling brks and hauling earth, and most importantly for uva, it shows you the source of the labor that was used to actually build buildings and here on this page the producter arthur has recorded payments that were made to individuals for hire of their slave and slaves are actually named you can see -- here is a payment for tom a name of the slave and then barrett and george. so we know who individuals were with and who the slave was to hire at uva that goes on and on and on th

a bible study, and it was a mix of proctor and gamble people and other people in the community, andlly quickly. some of the people who started that were brand managers for products like clear a cell and -- clear a cell and canteen. brands,w how to build reach people, and communicate. the -- one of the had an the tiffany of sorts about whether or not they should take a bible study to the next level and start a church. carol: the church as an incubator and investment fund. they are helping to create or trying to create entrepreneurs. >> yes. when i talked to the senior leadership, including scott , a former corporate executive the got his start at p&g, has come back to cincinnati to voluntarily serve as ceo of the ocean accelerator, which got its start in 2015, and with some funds from a for-profit venture capital firm which was started by church members called ocean 25,000, they offered dollars in seed money to a class of entrepreneurs that applied to be in this incubator. carol: they actually compete, right? they make their pitch, people review it, and they get chosen hopefully. >>

robert proctor/attorney: "he was an eternal optimist. very hard for me to accept that he committed suicide but we are keeping an open mind.... reporter: you don't believe he was suicidal?robert proctor/attorney: not the aaron i know."i'm andy rose, reporting. (pam) new tonight at ten: we look deeper into whether the conviction of aaron hernandez.. could be vacated because of his death... in massachusetts, when a defendant dies after a conviction, but ábeforeá the appeal is heard.... that could happen. the dean of the massachusetts school of law says, if hernandez has a clean record.... it is possible the patriots might owe his estate a signing bonus .... and the n-f-l could even owe his estate a pension.. there is legal precedent to all this -- back in 2003, the conviction of a child molester and roman catholic priest was vacated.... after he was murdered

with me are kate proctor, political correspondent at the london evening standard and the broadcaster,starting with. .. the times leads with the apparent chemical attack that killed at least 58 people in north—west syria. the i leads goes with the same story, noting that a hospital treating the victims was bombed. the metro also goes with the attack in syria, saying children were gassed as they slept. the financial times reports women are under—represented at the top of the finance industry. the express claims that an increase in the number of people eating ta ke—aways could lead to a rise in diabetes. the telegraph leads with news that the government will help people who brought diesel cars and are now facing higher tax bills. the guardian reports on dangerously high levels of air the daily mail has the same story and shows a spanish ship leading a smaller boat away from gibraltar. the guardian reports on dangerously high levels of air pollution near schools. john, perhaps he would start is with the awful story from syria. the picture from the metro says it all with a small baby with

there that started a bible study, and it was a mix of proctor and gamble people and other people ind it grew really quickly. and some of the people who started that were brand managers for products like clearasil and pantene. so, these are people who really understood how to build brands, reach people, and communicate. and one day, one of the core of this had an epiphany of sorts core founders -- core founders of this had an epiphany of sorts about whether or not they should take a bible study to the next level and start a church. carol: the church actually has an incubator and investment fund. i mean, they are helping to create or trying to create entrepreneurs. >> yes. so, when i talked to the sort of senior leadership, including scott weiss, a former corporate executive the got his start at p&g, has come back to cincinnati to voluntarily serve as ceo of what is called the ocean accelerator, which got -- which was launched, which got its start in 2015, and with some funds from a for-profit venture capital firm which was started by church members called ocean $25,000 iney offered s

robert proctor/attorney: not the aaron i know. you don't believe he was suicidal?robert proctor/attorney: not the aaron i know. hernandez died on the same day that his former team was visiting the white house.. president trump hosted the patriots today to honor the super bowl champions. not all team members showed up....including tom brady...who said he was dealing with "family matters." hernandez is survived by his fiance and their four-year-old daughter..steve and pam? (steve) and the trial for the orlando nightclub gunman's wife could be pushed back until next year. a proposed trial was filed earlier today in federal court. and instead of having the trial start as early as june... it would have noor salman's trial start in march 2018... and lasting for 25 days. salman is charged with obstruction and aiding and abetting her husband, omar mateen. mateen opened fire at the pulse gay nightclub last june. 49 people were killed and dozens more were injured. a hearing is scheduled for tomorrow to go over the schedule. (pam) just ahead

we have beats on boeing, utx, proctor, pepsi and some more. >> right.ing and proctor is the old kind of mcdonald's beat. those aren't wows. those are like -- you know? >> they're okay. >> not manufacturing. boeing did a good job. but just boeing did run up a lot. >> yeah. they do guide a bit higher driven by the lower than expected tax rate for the year. >> look, they have to do -- the dollar -- i interviewed paul poolman and he said i need your address. >> paul poolman is the ceo of unilever. >> yeah. i need to enroll you in the dollar shave club. he's selling you dollar shave club while you talk to him. the problem here is it's the emerging markets. unilever has a better business than the emerging markets. i think think that proctor does a terrific job, but not enough to move the needle. >> tryon can be part of the second half. it's a never ending effort. what is dave taylor willing to commit to, where are they? it's early days between tryon and p&g's management. i think they have only just begun to get know each over. but keep an eye on them. >> when

proctor and gamble is a great company at the end o f the day. beat bottom line.t wot to figure out how to get the top line in motion. you can beat on the bottom, but you've got to see sales growth. >> it did and organic growth was over 3%. stocks hitting on xuan cylinders, all four business units doing well. >> a a win. recovery and it's mccow operations. dr. j's on the stock. up six and a quarter percent. >> giddy up, as pete would say. >> did you hear the conference call yesterday? did you hear the comments steve wynn made about anticorruption in china and how things are normalizing now, which i read are getting corrupt again, so there have, going back to the vip stable, spending money on bag, on cars. >> he said all of that and boy, the stock hits a new 52-week high today. there were buying the 115 calls in may just a week ago, have been richly rewarded. it's a nice trade. >> back to phil lebeau with a news alert. hi, phil. >> let's take a look at shares of fia the t chrysler. they reported quarterly earnings, better than expected, this morning and the stock w

authors of books of eleanor roosevelt, frederick douglas and range oh proctor discussed their process. this is book to be live coverage of the "la times" festival of books. [inaudible conversations] [inaudible conversations] [inaudible conversations]

that's right in proctor's wheelhouse.ers, they come out between 2:00 and 3:00 and they'll influence our trading today. as well i go back to the footlocker number and what matthew boss is saying about retail. talking about a bottom in retail. and a group that's been the worst. i mean, horrendous. so you have soming things going on here. you have transports. >> metals. >> metals. you tweeted a very interesting percentage gains of metals. there's a note -- this is is an unusual one. rio was upgraded. rio tinto today. i have to tell you, a lot of people have lost a lot of money playing in the metals but this seems to be the right call for the moment. citi doing it. not in sync with the carm agedden thing in china. i think they're okay. >> gap call is jpmorgan going to neutral on valuation. starbucks call with stifel, going to buy on comps. optimism. all the buzz around the unicorn frappuccino yesterday, was that crazy? >> i think so. my charitable trust has owned it forever. they're talking about five or six comp stores. it w

then over the years, if you just look at the "wall street journal" most-held stocks, it's always proctor & g. to your point, these have become the darlings. where ge is not as possible. when there's trouble with the darlings, there's trouble with the market, so in one way, it's a control mechanism. >> can i ask a question? i know you usually ask the questions here. >> you can ask a question. >> when you think about it, the concentration is something that we've never seen before, and do you think there's a chance that these stocks could all start to feed on each other and start to snowball in a way? >> sure. when something has worked for a long time, people are reluctant to give it up, right? that's just the human -- because you're like, well, if i had given it up at any other time, it was wrong. so, initial trouble isn't always embraced. it can actually go further than a belief, it can become a snowball effect. >>> now to a group of stocks that have been sinking, autos. ford and general motors both trading near year-to-date lows as auto sales slow across the globe. this is sacarter says

the marble was provided by the vermont marble company from proctor, vermont and was brought down from new england by train. the plasterwork that you see, the plasterwork castings in the ceiling and all of the plaster around the windows was provided by mcnulty brothers in chicago. firmswere a number of that had the size and the manpower needed to construct a station. it was such a short timetable to work on the station. if you look around the interior of the station, these are roman legionnaires. there are 46 of them. that was the number of states in the union at the time. station, they guard the exterior as you come in. this is consistent with the design. consistent with the way monumental buildings like this were constructed, to have these soldiers standing guard. is castue itself that,r and on top of there is a finish that is painted and has small flakes of crushed granite. stone so when you are standing at a distance, it looks like cut stone. the finish on it makes it look like granite. the hallmark around the interior of the station, the thing people noticed when they come into th

the marble on the floors was provided by the vermont marble company from proctor, vermont , and was brought down from new england by train. the plasterwork that you see, the plasterwork castings in the ceiling and all of the plaster on the surrounds around the windows was provided by mcnulty brothers from chicago. there were a number of firms from different cities around the country that had the size and the manpower needed to construct the structur station on its timetable. it was such a short timetable to work on the station. one of the high points of the station, as you look around on the interior of the station, you see a series of statues. these are roman legionnaires. there are 46 of them. that was the number of states in the union at the time. at the time the station was being constructed. they guard the station, they guard the exterior as you come in. they guard the station as you are in it. this is consistent with the design. this is entirely consistent with the way public, monumental buildings like this were constructed at the turn-of-the-century, to have these soldiers standing g

we want to hear everything about whether proctor and gamble is mad at facebook. pizzas and burgers, bing watching, or an activist action that saw a 10% gain in whole foods. but to me these unsung manufacturing companies that stayed here, and just grinded it out, simply doing what they do best, offering the finest products, both here and abroad with great prices, that's where a lot of the money's been made. bottom line? i think we ought to open our eyes to what we don't care about. what's still made here, because that's where some real noncontroversial performance not in the paper is gained. i guess you could say these companies, these companies, they had me at o-rings, they had me at hoses, polyvinyl, i'm proud these things are even if they aren't made in silicon valley, or wall street or hollywood. >> jonathan in new york. >> caller: i wanted your opinion on rent-a-center. since then it's gone up about 19%, today a nice 17% bump. should i hold or take my profits and move on? >> the company, here's the problem, there's an outfit that's putting pressure on them an

the marble on the floors was provided by the vermont marble ,ompany from proctor vermont and was brought down from england by train. the beautiful plasterwork, the beautiful blaster castings in the ceilings, and all the plasterwork around the roman windows was provided by mcnulty brothers from chicago. there were a number of different firms from different large cities throughout the country that had the size, manpower, and the skill that was needed to construct the station, particularly on its timetable. was such a short timetable to work on the station. one of the high points of the around ons you look the interior of the station here, you see a series of statues. these are roman legionnaires. there are 46 of them. because that was a number of states in the union at the time the station was being constructed. they sort of guard the station, the car the exterior of it as you come in. they guard the station as you are in it. this is consistent with the design. this is entirely consistent with the way public monumental buildings like this at the turn-of-the-century were constructed. to hav

robert proctor/attorney:i can only speak about the aaron hernandez that i knew.he was gracious, kind liked aaron as a person...treated us all with utmost respect, we genuinely liked aaron as a person. he was an eternal optimist. it is very hard for me to accept that he committed suicide but we are keeping an open mind. (grant) and massacuussets has a law that could theoretically wipe away hernandez's murder conviction...in his death...because his the appeal of his 20-15 case has not been heard. if it were to happen...that could have an impact on whether his estate is responsible for pending civil suits. hernandez is survived by his fiance and their four-year-old daughter.. (pam) bill o'reilly is out at fox news... rupert murdoch announced today... he is terminating the network's most popular host... (steve) o'reilly had been in hot water after it was revealed that he and fox news paid out some 13-million dollars in settlements to five women who filed settle sexual harassment suits... o'reilly continues to deny all the allegations even while his bosses were finali

. >> i plan so be there on wednesday. 25 years ago i worked for proctor & gamble.sident clinton signed a nuclear non-proliferation treaty with kim jong-un's grandfather. where are we at now, 23 years later? we saw that from vice president pence sending a message from korea last week that the era of strategic patience is over. this strategy is not working. the north koreans are very close to have ability to place a nuclear warhead on top of a ballistic missile. melissa: flip side of that, go ahead. >> i was in beijing the week before easter, visited beijing and tokyo. i met with the premier lee and i shared our concern about north korea. we need china to help us. 90% of the trade with north korea, comes from china. they can impose strict banking sanctions. they can put sanctions on oil, coal, other resources of north korea and really turn heat up. melissa: okay. >> that is a necessary part i think of the equation to solve this problem. melissa: what was the response? that is a lot of questions people are asking right now. very clear when president trump sat down wit

robert proctor/attorney: not the aaron i know."i'm andy rose, reporting. ( james ) as andy rose mentioned, hernandez's murder conviction could be vacated because of his death. the possibility exists because massachusetts law allows for it when a defendant dies after a conviction, but ábeforeá the appeal is heard. additionally, the dean of the massachusetts school of law says if hernandez has a clean record it is possible the patriots might owe his estate a signing bonus. and the n-f-l could even owe his estate a pension. there is legal precedent to all this. back in 2003, the conviction of a child molester and roman catholic priest was vacated after he was murdered in prison. that happened at the same prison where hernandez was found dead. (robin @ landing) coming up... who is people magazine's most beautiful woman? and what has adam sandler become the king of? all that and more on today's h-t-l no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. (robin) in entertainment headlines today... who is people ma

the dow gave up all the gains, being weighed down by boeing, proctor & gamble, and the companies had earnings a bit disappointing didn't help things. apple one of the big decliners on the dow today. investors are truly optimistic about, element of the tax plan has to do with repatriation of companies with significant dollars overseas. one part of the tax plan overhaul was very encouraging to the folks here on wall street. that's why we saw the russell 2000, which is comprised as you know small and mid-cap stocks, perform extraordinarily well, hitting an all-time high. having said all that i want to direct your attention to hospitals and medicaid insurers because they declined as health care reform is back on the table. we heard from powerful freedom caucus, group of lawmakers are prepared to support the revised health care plan. support that weighs on many hospital and medicaid insurers. back to you. melissa: lori, thank you for that. david: treasury secretary steve mnuchin and national economic director gary cohn unveiling tax reform of epic proportions. our own adam shapiro was in

authors of books of eleanor roosevelt, frederick douglas and range oh proctor discussed their process. this is book to be live coverage of the "la times" festival of books. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] >> on the moderator. i don't mind you not listening to me. i used to be city editor of the los angeles times and no one listened to me then, so i got used to it. after retiring from the times i wrote-- began writing for a number of web based evocations. i write mostly for one called truth dig, edited by the famous journalist robert scheer and depending on your political views, you will really love or hate this very progressive website. i also write for the jewish journal of los angeles and la observed a couple of others. our subject is women behind the power and our panelists have written about how these famous men, three of them, how they were shaped or influenced by women. one of the women was one of the most famous people in the world intraday, eleanor roosevelt. another was joan kroc, wife of the mcdonald mog

this whole idea you brought proctor and gamble and kelloggs and whatever because of how much shelf space50 years. i think the internet disrupts that. the new platforms, the new type of shopping people are doing online, they are finding the specific product that's best for them and buying it and what position they have on the shelf of the store becomes relevant with every passing month. >> there are a lot of challenges to consumer staples. the most one being they're so expensive for the growth you're going to get. the it's like flat to 1%, but if you have a sell off in the market, a more of a defensive kind of market, which we have had since march 1st. they will ouperform as they hav so it depends a lot on if macro, as well as the fundamental backdrop. >> got to go. sorry. getting a hook here, but mcgriddle's good, cereal, bad. trades in the blitz. before the break, here is your dow 30. the dow overall not doing a lot, we're down 15 points. world kind of watching what happens in france. microsoft and utx, they're doing well. ge and verizon, not so much. back after this. ♪ can i get some h

seems has a grade for president trump's first 100 days and how he fairs, well, that depends upon the proctoraccording to a recent cnn orc poll his approval rating is a modern low at 44%, but a "washington post" abc news survey shows that 96% of those who voted for him they'd do it again. and 85% of secretary clinton's voters they'd vote for her again. so it does seem like there's too much subjectivity afoot. my question is what can we learn about what's to come in the next three and three quarter years based on what we've seen thus far? at the beginning it seemed he'd govern by play kagt some of the rigid interests that he had cultivated to win the nomination, he surrounded himself with some very conservative influences, jeff sessions at just iks, rick piry at energy, scott pruitt at epa, betsy devos at education, ben carson at hud and steve bannon ever present at his elbow. and make no mistake the impact they have on regulations, climate, the environment will be very long lasting. trump also delivered on his pledge to appoint a conservative supreme court justice from a list of 21 that was d

in fact, i spent a lot of time in asia. 25 years ago i was doing business there with proctor and gamble. my family and i lived in china for six years. so i have been watching this carefully for many, many years. here's the concern. do you remember back in 1994, president clinton signed a nuclear peace deal with the north koreans. well, now 22 years later, where are we at? the world now is closer to seeing a nuclear north korea, a north korea with icbm's than ever before. that is a direct threat to hawaii. that is a direct threat to the western united states. that's a direct threat to the entire continental united states. and that is why this era of strategic patience is over. and you're seeing a leadership now from president trump, vice president pence to ensure that all options are on the table here to resolve this issue with north korea. >> sandra: you know, right off the bat, sean spicer was asked at that white house press briefing whether or not the president is going to use red lines. first of all, here was the response. >> drawing red lines hasn't really worked in the past. he hol

proctor and gamble reporting irts thiits third quarter, 96 cents a share.lightly below what the street was expecting. $15.61 billion is where they came in. joining us for a closer look at the numbers is jon moeller, chief financial officer at procter & gamble, also a member of the cnbc global cfo council. thank you for joining us this morning. >> good to be here. >> there are several things that really jump out from this report. beating on the bottom line, the top line just slightly lighter. and looks like on net sales are down about 1% from a year ago. what happened in that regard? >> it was a challenging quarter on the top line -- from the top line standpoint. market growth across the world declined from the first half of the year or the second half of the last calendar year through january and february. but despite that, we delivered 1% organic growth sales rate and earnings per share up 12%, excludeing foreign exchange up 15%, strong cash flow which can allowed us to increase our dividend 3%. 61st annual con on secretasecutd increase and 127th year that

we still have the integration of coke -- proctor and gamble being more standalone.ng place with revlon and others. jon: great to have you with us, itkin.h ia 500.ur points on the s&p a session in the bond market, treasuries unchanged at 2.32. from new york, you are watching bloomberg. ♪ [ engine revs ] [ screams ] [ shouting ] brace yourself! this is crazy! [ tires screeching ] whoo! boom baby! rated pg-13. [ screams ] i've spent my life planting a size-six, non-slip shoe into that door. on this side, i want my customers to relax and enjoy themselves. but these days it's phones before forks. they want wifi out here. but behind that door, i need a private connection for my business. wifi pro from comcast business. public wifi for your customers. private wifi for your business. strong and secure. good for a door. and a network. comcast business. built for security. built for business. from new york city, you are watching "bloomberg daybreak." positive 24 points on the dow. up four points on the s&p 500. here's the other asset classes. treasuries unchanged at 2.32 on t

our portfolio is made up of some very cheap stocks like fox, samsung, pepsi, proctor and gamble and weor better opportunities. >> you're waiting for what? >> better individual opportunities. cash is never a market call. it's about finding individual stocks at the right price. >> do you ever have a market call? no, nothing? >> we have opinions but it's about founding individual securities. >>given all the policy overlay that does not factor into any of your thinking. >> it's not a material factor. we've seen in the previous weeks it's hard to predict the changes. >> when you think with the banks to $, how do you think that and a lot of the banks have some high trading revenues from just the fact that the market's been pretty robust in the last few months. >> it's always just a top-down look at company by company or are there sectors you prefer? >> it's very bottom up company by company. >> bottom up, excuse me. >> we prefer companies with -- >> how do you narrow it down? you look at everything? >> we do. we believe flexibility is one of the keys for strong performance. one of our big po

week with a dozen dow components and over 100 s&ps. 3m, boeing, coke, pepsico, mcdonald's, ford, proctormobil. alphabet, amazon and microsoft. on the economic front tomorrow case-shiller home price index. new home sales and consumer confidence. thursday, jobless claims, goods, and pending home sales. friday, first quarter gpdz. not the second report on second quarter. it will be the fourth report on first quarter. before the second, the gdp on first quarter which comes before the first quarter and then the second quarter. and the second quarter of the same quarter. and then chicago pm movemei and consumer centesentiment. this morning, 207 points on it's dow. finally a poll that was right. it's been a while. that said that macron would probably win. and in the second round it shows the more mainstream -- is he mainstream or -- >> of course, he's mainstream. >> much more establishment -- >> he's not establishment. >> well, on a relative basis -- >> anti-establishment. >> his party is a year olde. >> he's 39 years old. he's an investment banker wants to lower taxes. >> and he was a former s