purvis was taken to the hospital and that's why he died. osborne was charged with second degree murder. >>> a storage facility was given a deadline by the governor. they have until march 15th to remove the 17 above ground tanks. earlier this month freedom industries failed to report a leak of chemicals that leaked into the elk river impacted 300,000 west virginians. >>> president barack obama will speak at the state of the union address. >> david gregory has the latest. >> thanks for joining us david. we have been following the small shooting. gun control debate is reignited. this is something the president had in the state of the union last we're. do we expect that? >> yo expect that to be major emphasis at all. he'd like it to be. he was disappointed when his efforts to get more gun safety laws didn't pass at the federal level. i think more of the action is at the state level to see if there are gains made. at the federal level on congress it's too difficult at the moment. >> what do you expect him to hit hard tuesday. >> >> you mentioned

i am joined by michael purvis.ports your longer-term view with the s&p 500, the dow, and the nasdaq moving higher after yesterday's close lower rate you think they have more to gain. why is that? >> we can make lots of arguments, but the biggest allocation is happening in lots of markets and there is one logical place, u.s. equities. some will end up in international equities and other asset classes, but u.s. equities to the most logical places absorb these types of flows. up 26%.el, the dow was the s&p 500 was up 29% had people say this is -- 29%. people say this is overvalued. over valuation arguments, but the overarching principle is that flows will keep multiples expanding. >> whether people are right or wrong, stocks will continue to move higher. >> right, and the key is to learn how to invest in that climate because it is somewhat inevitable. the torrent of fixed-income flows might not be in a mess might not be -- enough this every month, but it is steady. europe versussee the u.s.? >> the gap has narrowed. i

welcome to venture capital with me katie purvis wait for it says johnson doolittle also called molds at the u.k. may leave the view for films do not take place look at global reaction from the former leader's office late on the czech republic who have very different opinions on that year there were plenty of international politicians in most cases week because it was the economic forum which i went imo to i caught up with the world renowned economist jeffrey sachs on tax evasion and they gave him still bain plays a wall street that's all still scott but let's start with mr dawoud all's well because he ruffled. feathers this week by warning that the u.k. could be forced to quit if the organization does not reform and here is what the challenge is not once exactly the main points now he has been frustrated by what he sees as the storing of the free trade deal between the e.u. and the us by e.u. lawmakers themselves i think europe is being a show not by economies like china and india now the british public will get. to decide in twenty seventeen in a referendum if they want to continue

. >> and michael purvis.d company. >> crow weeden. >> something different. >> weeden is based where? >> greenwich, connecticut. >> back to what you were saying? >> one big difference now is they have a very large backlog of borrowing and they are going to have to roll over, a lot of these countries have big rollover risks and that's going to be a challenge. the other is several have key elections and most elections have a high level of uncertainty attached to them. india's having elections, turkey's having elections, brazil is having elections, just to name a few. the uncertainty -- >> can i interject what the key impact is, a lot of the central banks aren't doing what they are supposed to do because they don't want to upset the election. >> in turkey, government told them don't raise interest rates now. >> they are also running low on reserves. if you look at argentina's chart -- >> they've been a mess for a long time. anyone that expected argentina would have good economic policy is sorely mistaken. many of