>>> what you didn't know about the "coming to america" sequel and why everyone is talking about tom jones. it's monday, march8th. ♪ she's a lady ♪ ♪ talkin' about that little lady ♪ >>> from abc news, this is "world news now." >> good monday morning, everyone, thank you for starting your week with us. andrew, will come back. >> i am back. >> glad to have you back. >> last day this week, though. >> we'll send you off intervie prince harry and meghan markal and epra. >> that is where we begin, the bombshell interview with harry and meghan. >> meghan talked about struggling to cope with relentless attacks by the british tabloids. she said it was so unbearable she wanted to take her own life. and prince harry spoke of being trapped by royal life. he was cut off financially and left without security and his father, prince charles, stopped taking his calls. >> they also discussed racism and how their son didn't get the same treatment as other family members. reena roy starts us off. >> reporter: millions are getting a peek into the life of prince harry and meghan markle. meghan saying she had n

plus, what you didn't know about the "coming to america" sequel and why everyone is talking about tom jonesonday, march 8th. ♪ she's a lady ♪ ♪ talkin' about that little lady ♪ >>> from abc news, this is "world news now." >> good monday morning, everyone, thank you for starting your week with us. andrew, welcome back. >> i am back. >> glad to have you back. >> last day this week, though. >> we'll send you off right. but before we parted last week, we told you about the highly-anticipated interview between prince harry, megha markle and oprah. and boy, did it exceed expectations. we had americans, british royalty and tea. >> and oprah. >> and oprah. that is where we begin the show today, with that bombshell interview with harry and meghan. >> meghan talked about struggling to cope with relentless attacks by the british tabloids. she said it was so unbearable she wanted to take her own life. and prince harry spoke of being trapped by royal life. he said when he walked away, he was cut off financially and left without security and his father, prince charles, stopped taking his calls. >> they a

i used to sing, if you can imagine tom jones, and i did them quite well at the time, but classical musicigued me. it always made me see something different from the popular world. so i endeavored and tried to do my very best and wrote a symphony, a whole 55 minutes long, complete symphony orchestra music and was performed by the royal philharmonic orchestra with me conducting in abbey road studios. and that's how i began and moved into the world of symphony and classical music. by then, you had taught yourself to read music? yes, indeed. until now, i still study, but i have taught myself music. i have never been to any music school. i play several instruments, when i used to busk, of course, and from then on, i taught myself every particular aspect of the music and understand the instruments, their capacity, what are they able to do, what their ranges are, etc. so i did a lot of study. you cannotjust do these things on a whim. absolutely not. symphony plays. how would you describe your conducting style? the only way i can describe it is what the critics at the time wrote about me. once i

. >> it was tom jones, elizabeth taylor, steve mcqueen, and frank sinatra.ut of it and sell it on hollywood boulevard. >> virginia graham's testimony made the front page. one of many headlines in a trial that lasted some seven months. >> the jury hearing the charges against charles manson and three girl members of his so-called family brought in its verdict this afternoon. all were found guilty of murder in the first degree. >> manson and several members of the family were sentenced to death for the tate and labianca murders. a career-making victory for prosecutor vincent bugliosi, who was emphatic that the sentence was richly deserved. >> in view of the incredible brutality of these savage, nightmarish murders, the death penalty unquestionably was the proper verdict in this case. >> but then a little over a year later it all changed. >> the california supreme court ruled today that the death penalty is unconstitutional. >> there would be no gas chamber for manson or any of his convicted family members. >> do you believe that there should be a death penalty?

jones. on the market, amrita sen. henrietta treyz on china and everything d.c. tomdibly strong lineup across all of the assets that would like to do here on radio and tv. i'm really interested in what kathy jones sees, what people are doing at schwab. jonathan: looking forward to that conversation. alongside tom keene and lisa abramowicz, i'm jonathan ferro. your equity market heading south for big tech. a monster fiscal plan down in washington. this is bloomberg. ♪ ♪ >> rates are going to keep rising until we get that disorderly market functioning. >> if the fed starts talking about pages and -- about tapering, i think that will be negative for markets. >> the market is looking for any positive data to continue to justify this march higher. >> there is a very strong correlation between the last two rounds of stimulus checks and the inversion you are seeing. >> half of the markets want to have better jobs data, and the other half of the market is scared of that because of the potential inflationary consequent is -- potential inflationary consequences.

tom has taken his place a long time ago. >> taking on oregon state, the third quarter. no answer inside for taylor jones. look at that footwork. she had 17 points, 13 rebounds. morgan stayed one, 71-63. he is a nice fish. >> reporter: our catch of the day goes to madeleine pence who reeled in this salmon while fishing with her dad and grandpa brad last father's day. the first catch, what a moment for little madeleine and they're proud grandpa. if you think you can do better, send us your fishing pictures. liz, ken, there are two things you remember in life. your first catch and your first kiss. liz, do you remember your first kiss? >> of course. do you want the details? the first year in high school. a full smooch. there you go. >> i remember mine too. >> reporter: what was his name? >> it was that little candy with the foil on it. that was my first kiss. >> he still haven't has his yet. look, this isn't my first rodeo and let me tell you something, i wouldn't be here if i thought reverse mortgages took advantage of any american senior, or worse, that it was some way to take your home. it's just a loan d

tom cotton. the corner of wall and broad. notice the down fall in the down jones industrials. what if i told you it was double that and because of good news? we heard the economy is firing on all cylinders here. the argument that many republicans are using ago a generous stimulus package, that aside that we crossed an important level on interest rates. for example, 30-year fixed mortgages are over 3%. that's a jarring number to people that are not used to seeing that. i could go into great detail about how when i got my first mortgage with my wife, we paid 13.5%. but i don't like to do that even though i raise this story my director says about 2,000 times. but it's the trend that is jarring a lot of folks. the fact that 10 year be bonds were backing up and the federal reserve chairman, jerome powell, was indicating that he's okay with that. won't do anything to staunch the flow of that. had markets rattled that maybe inflation is coming back. might have been over-donn. we were off the worst levels of the day. inflation at the very least, higher rates seem to be sticking around

tom: a piece of history. blackstone and starwood to buy extended stay america for $6 billion from dow jones, maybe the first ofday announcement of mergers. this dovetails with matt weekly or's -- matt winkler's great work on all the times we have gotten inflation wrong. we have talked about the wise men, they got it wrong year after year, decade. gene tannuzzo joins us from columbia threadneedle, head of fixed income for them, and comes to us with a history and heritage of carleton at minneapolis. why did the wisemen get the inflation call wrong? we know it is worry, worry, where, and they get it wrong. why have they gotten it wrong? >> to some degree, tom, it is because of the success of monetary policy. if we think about the mission of monetary policy, it is price stability, among several other objectives in the labor market. if you look at we're inflation has been for the last 15 years, 95% of the time core pce inflation has been between 1% and 2.5%. for the most part, we have gotten price stability and got exactly what central banks wanted, which is low and stable inflation expectations. tom: it is a monda

tom: it is not just about yield. there's a point where you switch from yield to a price analysis. kathy jonest schwab center for financial research does this very well. she watches the flows of what people are doing with their money. i calculate from the end of august, i have a 10 year yield down a good amount in price, 8.3% down in price. are we heading for a bond bear market? kathy: i think we could be over the long run. i certainly think the lowest we put in, the very low yields around 0.5% on the 10 year, 0.3% on the 10 year is probably the low for a long time. but there market is price over time or yields over time. so we are looking to to five years down the road. i think yields continue to go higher as long as the economy does recover from the covid-19 crisis as it continues to do. but the magnitude of the move from here is not likely to be nearly as fast in the next leg as it has been from the previous low. jonathan: we've discussed about how self-limiting a move higher would be because of the them out of debt we have added to this economy. i remember it talking about maybe 1.25%, may

we also booked tom cotton, lara trump, dan bongino who is going to be pumped up and ready to go, lawrence jonesning in seattle, all starting at the touch the hour. we're running out of music. i'm going to go to break, maybe we'll go to a wide shot and then we'll go to a commercial which has already been paid for. sandw, ya gotta focus on the bread layers. king's hawaiian sliced bread makes everything better! ♪ (angelic choir) ♪ and here's mine! how great is it that we get to tell everybody how liberty mutual customizes your car insurance so you only pay for what you need? i mean it... uh-oh, sorry... oh... what? i'm an emu! no, buddy! only pay for what you need. ♪ liberty, liberty, liberty, liberty. ♪ carley: a lawsuit brought by a group of new jersey parents successfully pushed public schools in some districts to return to in-person learning. now those leading the charge are advising others who want to take legal action of their own. joining me now, president of jersey first, steven bafiko. good morning. we have heard from a lot of parents who are demanding their schools go back to in-person l

tom: you know this cold. i will defend cathie. i don't like these articles that it's a bear market. they are comparing it to down jonesndard deviation. that is not accurate. lisa: there is the concentration risk, talk about the benefit of being bold. how much of a spiral is this? romaine: this goes to the point about ideas of waiting. a lot of reason cathie woods is getting beat up because there is a heavy weight between four or five names. the etf is not really going to get much traction unless he decides to do more of that active rebalancing. she thinks tesla is a long-term bet, a good bet. she said on air here she will be buying the death. -- dip. another story with real implications is the commodity space. we are waiting to get the outcome of the opec-plus meeting here. we saw all the shale producers and the u.s. rally. there is a sense opec will come in around 900,000 to 1.4 million barrels. that would be supportive of prices. there was concerned they could go above the 1.4 million. keep in mind most names on the index have rallied about 5% for the last couple of days here. what we see in copper and industrial me

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jones has gotten up to 115% the workers have not gotten it. >> getting rid of s.a.l.t. is not going to help that that will make it worse, tome representing your constituents. >> progressive states like mine can't be afford to lose the high income, the moderate income people leaving the state leaving the lower income, moderate income behind to hold the bags we're subsidizing south carolina and north carolina and florida and arizona and other states that are building new roads, bridges, new sewers. >> mick -- >> yeah. >> -- republicans are just as bad because this would help all of their constituents. they don't want to do it because they don't want to help the blue states that have spent too much money. >> i was actually trying really hard, joe, to agree with tom i like tom from everybody i've talked to, he's a great democrat to work with you asked a question, he answered it and i didn't what kind of borrowing can you justify? the best kind of spending, letting people keep their own because that's the most efficient, the next is infrastructure and the worst is the wealth redistribution. if tom is making the point that you sh