brent: our correspondent on the red carpet tonight and throughout the festival is sarah harmon. s her thoughts on the night in what is coming up in the next 10 days. sarah: the first day of the film festival got off to a fantastic start. we just had the world premiere of the french biopic "django," the real story of jango reinhardt. it is a real testament to the power of music and art during turbulent political times, a very relevant and poignant message for today's audience. the berlin film festival has never shied away from controversial and even dark topics. it is known for having an edgy, art-house reputation among european film festivals. this year looks to be no exception. brent: sarah harmon at the opening night of the berlinale. here is a reminder of the top stories we are following. angela merkel will implement a plan to make sure more failed asylum seekers and refugees leave the country. the deportation process will be centralized, simplified, and quicker. there was chaos and south africa's parliament today as lawmakers broke out into a fist fight during the annual stat

harmon here. we have smarty pants sarah malek. how are you investing in this environment?> we think you're seeing typical market consolidation. february is a weak month for equities. we think strong economic data and earnings growth can drive the market from here and you have the tail wind here. we see this as a buying opportunity. >> for stocks broadly you're not worried about the valuation? that is what the founder was saying in his letter to investors recently, sarah. >> well, in terms of valuations, we think the breather that the market is taking is getting valuations a chance to compress while earnings catch up. s&p earnings could grow high single digits. that could support valuations from here. >> meanwhile, mike, i'm glad we're getting some of these earnings. it's a reminder of the bread and butter. you pick through it. look at general motors today. hard to describe that stock as over valued. >> that's right. >> those growth still lingers. >> that's always the question with every name, every sector. >> how much was gaining. is this as good as it's going to get for a