they begin the divestiture process of reebok.ow barry ritholtz, lisa abramowicz, and tom keene. barry, i just said what if, it is not the third week of august of 2007, but somewhere in the vicinity of 2007 i made the idea to get out of the markets. getting back in is so hard. now we see it with an spx up 10% over that broad 13 year period. that is real money. there is up -- there is a cost. how does barry ritholtz do they getting back part? barry: i have the exact opposite view. getting out of the market is the challenge because as we have seen time and again, we craft these wonderful narratives about how things are frothy in the market has peaked and evaluations are terrible, but that was 1996 and you had another four years of gains. it is much more challenging to pick a top. to me bottoms are obvious. it is easy. it is when you see capitulation. bottoms are easy to spot, harder to act on. tops are easy to see, and much easier to act on. tom: tell me about catharsis or capitulation, the motion of the top. do you observe it now?

some of the other business stories making news german sports equipment maker to sell us subsidiary reebok after struggling to lift the bronze fortunes adi does what we bought for 3800000000 dollars in 2006 and a bid to compete with arch rival nike plus its performed mostly sluggishly through letters. representatives of germany's retail tourism and hospitality industries have told economy minister peter to maya their own hockey with lockdown measures in a conference call they complained that state support hadn't been paid out fast enough 65 percent of retailers and city centers and a quarter of tourism operators face bankruptcy berlin says it will expand to government aid and create a hardship fund. us investment bank morgan stanley is reportedly planning to move about 100000000000 euros of assets to francs 1st other banks including goldman sachs and j.p. morgan chase have a ready relocation stop assets to the e.u. after the u.k. voted to leave the bloc london and brussels have so far failed to reach a deal on financial services. growth in the 19 countries that make up the eurozone fell 0.

subsidiary reebok after struggling for years to lift the brands fortunes. we bought for 3800000000 in 2006 to help it compete with arch rival nike but it's performed mostly sluggishly through acts. of strain and news that channel 7 and channel 9 have struck licensing deals with google to pay for original and journalistic content according to industry sources google will pay each media company $30000000.00 australian dollars a year the country's treasurer josh frydenberg described the deals as a world 1st. it's a 1st in the world of content and it will resonate all over the globe major australian news outlets will get paid a fair price by google for featuring on linking to their stories on google's news platform heels trillian government has welcomed the deal struck between the large local broadcasters channel 7 and channel mine on google. this is a he story moment a world 1st the digital giants entering into negotiations and agreements with a stray in news media businesses to pay for original content. this will help sustain public interest journalism in thi

and -- will officially step away from reebok to focus on its core brand. as i say, we've generally got yields higher in europe, including btp's. stocks are a little on offer. they had a really solid day yesterday. today we are kind of marking time, looking for next catalyst. alix: we did see a stronger pull from the u.s. equity market, but now we are fading just a bit. one of the reasons why is 10 year yield popping six basis points, surpassing the high we saw in march. the market still holding up very well, financials, as the curve continues to steepen. the energy complex up by over 2% as oil continues to break out. yet another upgrade on copper over at citi. now we are bullish on tin. cotton also having a super solid rally. we are looking at reflation, cyclicals. now that we are pretty much flat on the day after a little bit of a gain earlier in the session. guy: it is all about inflation. it is all about reflation. investors certainly focusing on that right now. they are looking at president biden's pandemic release package. in our last hour, we talked

after struggling to lift the bronze fortunes i did us both reebok for 3800000000 dollars in 2006 and a bid to compete with arch rival nike plus its performed mostly sluggishly to workers. representatives of germany's retail tourism and hospitality industries have told economy minister peter to maya they're unhappy with lockdown measures in a conference call they complained that state support hadn't been paid out fast enough 65 percent of retailers and city centers and a quarter of tourism operators face bankruptcy berlin says it will expand to government aid and create a hardship fund. us investment bank morgan stanley is reportedly planning to move about 100000000000 euros of assets to francs 1st other banks including goldman sachs and j.p. morgan chase have a ready relocation stop on assets to the e.u. after the u.k. voted to leave the bloc london and brussels have so far failed to reach a deal on financial services. growth in the 19 countries that make up the eurozone fell 0.6 percent in the 4th quarter of last year that slightly less than expected measures in the lead up to chris

subsidiary reebok after struggling for years to lift the bronze fortunes. reebok for 2800000000 in 2006 to help it compete with arch rival nike but it's performed mostly sluggishly through acts. and news that channel 7 and channel 9 have struck licensing deals with google to pay for original at journalistic content according to industry sources google will pay each media company $30000000.00 australian dollars a year the country's treasurer josh frydenberg described the deals as a world 1st. it's a 1st in the world of content and it will resonate all over the globe major australian news outlets will get paid a fair price by google for featuring i'm linking to their stories on google's news platform heels trillian government has welcomed the deal struck between the large local broadcasters channel 7 and channel mine on google. this is a historic moment a world 1st the digital giants entering into negotiations and agreements with this strike news media businesses to pay for original content. this will help sustain public interest journalism in this country fo

he was wearing a black mask and a reebok hooded sweatshirt.anyone with information is asked to call richmond police. i know the horse has died at golden gate fields and berkeley be nearly three year old filly is the second horse to die at the race track this year. officials say the cause of death was likely due to gastrointestinal or neurological disease. two weeks earlier, a three year old gelding died at golden gate fields during training last year. a total of 27 horses died at the track. this in a clara county sheriff's office bomb squad responded to a suspicious device this morning in a mountain view. investigators say that that it happened on these stevens creek trail a portion of that trail of east middle phill road was temporarily closed and the bomb squad was called in to investigate. authorities examined the object with a drone and determined it did not pose a threat. mountain view pd says they'll continue to follow up with. details as they become available in half moon bay historic bard was destroyed by a fire last night at andriani

he was wearing a black mask in a reebok hooded sweatshirt.anyone with information is asked to call richmond police. who said it. clara county sheriff's office bomb squad responded to a report of a suspicious device this morning. in mountain view, investigators say was discovered on the stevens creek trail and a portion of that trail at east middle field road was temporarily closed and the bomb squad called in to investigate. authorities examined the object with a drone and determined that it did not pose a threat. mountain view. police say they will continue to follow up and will release more details as they become available. are coming up much more on the end of a historic impeachment trial after the break a live report from washington d. c about four president trump's acquittal. plus, i think this recall effort is a very serious pushed to recall governor gavin newsom gaining steam, the large donation to the effort and a closer look at how recalls work that millions more people will soon be eligible to receive the coronavirus vaccine later t

and -- will officially step away from reebok to focus on its core brand.enerally got yields higher in europe, including btp's. stocks are a little on offer. they had a really solid day yesterday. today we are kind of marking time, looking for next catalyst. alix:

he was last seen wearing a black mask, a hooded reebok sweatshirt and dark colored pants with an orange green and gray camouflage stripe on both legs. police in antioch are investigating a shooting where a man was killed and another person injured. officers responded to reports of gunfire at any away and putnam street a little after 10 30 last night, they found a 47 year old man inside a car with a gunshot wound. he was pronounced dead at the scene. the second victim. there's a 37 year old man. he was taken to the hospital and is expected to survive. police say they're trying to identify any suspects or people of interest shootings left several people wounded in san francisco over the weekend, including six who are hit in one attack in the bay view neighborhood. our reporter evan sernoffsky has our report. shell casings littered the ground saturday night at third and casada in san francisco's bay view. six people were shot the latest in an uptick of gun violence in the city. more than 40 people have been shot in san francisco in 2021. more than 15 of the shootings have been in the bay v

today pose a much bigger threat than it has ever been before clearly, there have been nike stores, reebokt that it can reach people in their hand and they can get updates so regularly, does that affect you more than it has at any point in your history. >> i think a lot of the things that happened in 2020 accelerated this move to digital. our customers start their shopping experience on their phone. would know that. whether they choose to buy on line or choose to come to one of our stores, it's still a mixed back during the year, 27.4% of our business was done digitally. that was with 100% of our stores closed part of the year. our consumers when the doors opened back up, they want to be in the stores. they want to socialize with their friend telephone use it as an experience. the more spencetial and connected we can make our stores the better our omnichannel environment is for them. it is really why if we look at malls that are deteriorating we figure out how to service customers in local neighborhoods. it is really important that we are close to the community and certainly it accelerated

feel they can get in touch safely then don't take the risk. —— get in touch with the nhs on 119 two reebok has fallen has turned to ice. lockdown is in place so people should only go out on essential journeys. if you are not on the main roads then do take care. there are the risks of travel disruption and possible disruption to gas and a mobile phone networks and telephone lines as well. if you are worried about the situation in your particular local area then bbc local radio will have updates for you throughout the day. online fashion retailer boohoo has bought the dorothy perkins, wallis and burton brands. the deal means all of the former arcadia group businesses have now been sold — but they will all now become online—only. nearly 2,500 staff are set to lose theirjobs. tesco, asda and morrisons are among the major retailers calling for online stores like amazon to pay more tax once the pandemic has ended. they've written to the chancellor, rishi sunak, asking for what they call a "more level playing field". our business correspondent katie prescott reports. another consequence of the pa