even here, wall street is in charge. wall street being a parrot, green as in money.ry foyer that runs the entire length of the house. and at the end of that foyer, we find this morning boone pickens. good morning, sir, how are you? >> good morning, harry. >> let's go ahead and head into the trophy room, if you don't mind. >> sure. >> t. boone pickens was a texas oilman who became the original corporate raider. he would buy a bunch of stock in a company, talk about how the executives needed to be tossed out and make a play for the executive. >> the company is only 1/20th the size of phillips, buys 5.8% of the stock privately. now pickens lets it be known that he wants to buy another 15% from the shareholders and gain a seat on the corporate board. >> there's one thing i want to put in place is that stockholders own companies and management is employees. >> phillips agreed to buy back its stock from t. boone pickens to stop his takeover bid. the profit to pickens and his partners, $89 million. >> you've made about $500 million through losing on your attempted takeovers

was wall street volatility too was wall street volatility too muyour insurance company won't replace the full value of your totaled new car. the guy says, "you picked the wrong insurance plan." no, i picked the wrong insurance company. with new car replacement™, we'll replace the full value of your car plus depreciation. liberty mutual insurance. sucthey read more.have one thing in common. how do they find the time? ... with audible. audible has the world's largest selection of audiobooks. for just $14.95 a month... you get a credit good for any audiobook ... and you can roll your credits to the next month if you don't use them. audible members get free no hassle exchanges ... and use the mobile app to listen anytime, anywhere. start a 30-day trial and your first audiobook is free. listening, is the new reading. text audio22 to five hundred five hundred to start listening today. and i recently had hi, ia heart attack. it changed my life. but i'm a survivor. after my heart attack, my doctor prescribed brilinta. it's for people who have been hospitalized for a heart attack. brilinta is

into and people are mining big coin because if anything you can do to destroy british banks and wall street banks is a positive toward a better humanity they are the pox on our civilization big coin will attack them in many different ways if you can undermine them by mining and basically collapse from the inability to have the energy to survive then that's another great way to destroy. this playing this this locust this infestation called you know the banks. of course i c.e.o.'s have nothing to do with bitcoin or theory other than riding on top of it they are finance offerings whether or not ever anybody was trying to pretend otherwise in the second half you do talk to patrick byrne about regulators and his he is doing an i.c.a.o. but as the security so he's doing above board with it when it comes through the whorehouse they take the. player you know i'm saying so they'll come in there are still these i see a rose although they're also curies you're all going to jail and by the way you guys on the bitcoin camp are coming along with israel some questions for you right so i mean this is a war

you don't protect wall street. you protect people who have been defrauded by wall street. it's not that complicated but apparently at the consumer bureau, it now is. those payday lenders are getting an even better return on their campaign donations than they are on their predatory loans. mulvaney's put on ice another case that had been pending against wells fargo. this time for wrongly charging borrowers fees when they took out a mortgage earlier this month. at his day job running another federal agency, he proposed a budget that would defund the consumer bureau entirely for a year that would defund basically or -- he philosophically doesn't like the idea of somebody standing up for customers, standing up for consumers, standing up against wall street, standing up against the payday lenders, standing up against the loan sharks that he seems to be in alliance with. we shouldn't be surprised by any of this. the person heading the consumer protection bureau now, mr. mull vai -- mul mulvaney is a man who thinks the bureau doesn't exist. he said some time ago the consumer prote

into and people are mining big coin because if anything you can do to destroy burnished banks and wall street banks is a positive toward a better humanity they are the pox on our civilization big oil will attack them in many different ways if you're going to undermine them by mining and basically collapse from the inability to have the energy to survive then that's another great way to destroy. this playing this this locus disinfestation called you know the banks. of course i c.e.o.'s have nothing to do with bitcoin or theory other than riding on top of it they are finance offerings whether or not ever anybody was trying to pretend otherwise in the second half you do talk to patrick byrne about regulators and his he is doing and i say oh but as a security so he's doing above board with it when the cops raided the whore house they take the piano player and i'm saying so they'll come in there and say all these i.c.a.o. zoeth they're all securities you're all going to jail and by the way you guys in the bitcoin camp are coming along with those really awesome questions for you right so i mean thi

yeah it seems that on wall street we're going to see a third day off losses our futures are indicating as well that this would be the case though in minas as well as the s. and p. six hundred m. the mastic they are all down at the moment is going to really interesting to see how this is going to affect the trading day here in europe until the end of the day just to see if the chain reaction continues down you call for us in frankfurt thank you misery loves company and beleaguered u.s. stocks soon found fellow sufferers elsewhere in the world asian indices receiving a thrashing choose day and dismal futures ahead of the dow jones opening could mean the beating is not yet over as we heard. the hong kong stock market was one of the worst performers on a day when asian markets weren't able to protect themselves from contagion after the dow industrials steep a sell off in six years. the sentiment in hong kong and there are a little bit nervous and a little bit not going to have and people are still waiting for. the dow jones or the do as markets will stabilize before they can come to be ful

was wall street volatility too much to handle? howard lutnick says there will be even more. we're attracting the world's best talent to central new york. and turning the airport into a first-class transportation hub. all while growing urban areas into vibrant places to live and work. across new york state, we're building the new new york. to grow your business with us in new york state, visit esd.ny.gov. to grow your business with us in new york state, sucthey read more.have one thing in common. how do they find the time? ... with audible. audible has the world's largest selection of audiobooks. for just $14.95 a month... you get a credit good for any audiobook ... and you can roll your credits to the next month if you don't use them. audible members get free no hassle exchanges ... and use the mobile app to listen anytime, anywhere. start a 30-day trial and your first audiobook is free. listening, is the new reading. text audio22 to five hundred five hundred to start listening today. replace the full value of your totaled new car

what i believe wall street the volatility continues says the market and has a correction the wild swings suffocate sentiment around the world europe remarkably untouched by the worst. colombia's flower industry provides a lifeline for just a trip refugees from neighboring venezuela and a contentious pipeline project connecting russia and germany passes another hurdle that could undermine energy security in europe. and bad for. let's do business the volatility continues on the new york stock exchange wall street opened in positive territory today traders looking to make up for some of the huge losses over the past days but the dow jones industrial average is now back down slightly and choppy trading swings continue and have been severe at times the dow falling twice by more than a thousand points over the past week investors of wide about high interest rates and rising bond yields many analysts believe the volatility is here to stay a while as the market corrects for the bullish trading of recent months. let's bring in now wall street correspondent heads quarters and buy at the new york s

wall street is all over our government.ject wall street clients with been scrutinized by federal regulations. he is now regulating the same banks used to defend against regulations. it's not the first to make the move. before serving control of the currency he worked in a prominent law firm representing big screen is not returned to the same firm after regulating the very industry he spent his career testing. representative jim, democratic etiquette, was a veteran of goldman sachs. he now serves on the powerful financial services committee regulating wall street. the water, the hedge fund whose chief investment officer was so excited about the shakeout, was founded by billionaire ray [inaudible] of the glare of campaign cash for politicians. they worked with friends to raise more funds than they're allowed to give individually. he gold over half a million dollars to john mccain who in the last 30 years hedge funds have dramatically increased their spending on political donations. this chart. in 1990 spent 190,016 they spent

be sure to follow wall street on facebook, twitter and instagram.let me know what you want to see on maria bartiromo's "wall street." i will see you next time. ♪ >> i'm bob massi. for 35 years, i've been practicing law and living in las vegas, ground zero for the american real-estate crisis. but it wasn't just vegas that was hit hard. lives were destroyed from coast to coast as the economy tanked. now it's a different story. the american dream is back. and nowhere is that more clear than the grand canyon state of arizona. so we headed from the strip to the desert to show you how to explore the new landscape and live the american dream. i'm gonna help real people who are facing some major problems, explain the bold plans that are changing how americans live, and take you behind the gates of properties you have to see to believe.

we'll cross to wall street for the analysis also coming up. colombia's flower industry provides a lifeline for destitute refugees from neighboring venezuela and. uganda is one of the world's top coffee exporters but hardly anyone there likes to drink it we meet someone who's trying to change that. i'm daniel winter in berlin and this is your business update friday's battle between bulls and bears on the markets saw the dow and the s. and p. five hundred struggle to cling on to their gains from earlier in the session but both ended in positive territory by the end of the trading day still u.s. markets significantly down on the week also touched four year highs this week a double whammy to stocks and bonds caused by expectations of rising inflation. and yes quarter's tracking this from wall street for us yes what a week for u.s. markets. yeah there was certainly breast taking and that's also the way we finished here on friday a little bit was a happy ending at some point blue chips dropped to five hundred points in the friday's session but then

what you're seeing for the first time in a long time wall street, main street separating.conomy is doing well, and that's good. >> exactly. >> but wall street is not the economy sometimes and so that's what we're seeing here. >> that's a great point. >> okay. christine, stephen, we thank you both very much. stand by. >> don't sell. >> got that message. all right, john? >> thanks, alyson. >>> police say a suspected drunk driver that killed an indianapolis colts player. the driver was an undocumented immigrant. what we know about his past next. or make a back seat that feels nothing like a back seat? why give it every feature you could want, along with a few you didn't know you needed? it's simple. you can build a car, or you can build a cadillac. come in now for this exceptional offer on the cadillac ct6. get this low-mileage lease on this 2018 cadillac ct6 from around $549 per month. visit your local cadillac dealer. from around $549 per month. something we all think about as we head into retirement. it's why brighthouse financial is committed to help protect what you've e

goldman sachs and wall street they are in the business of making markets in those markets there is a spread and by being both the buyer and the seller in these markets and providing quote unquote liquidity they are highly profitable in a business with you might argue very little risk in a way and they're printing money ok let's talk about your latest creation g.'s euro because this is as the name implies really tough into a huge profit center because there is no. ability to do a lot of the shenanigans that we've seen over the years is that a fair statement and can you give us an update on teaser well i would say and because there are various public offerings going on i have to be somewhat restricted by what i say i can't talk about the profitability or potential profitability but yes this diagnosed exactly what we're doing we're taking this core business of goldman and the various prime brokers unfortunately i don't think they make all their money from just buying and selling i think there's also manipulation and as you and i have talked about as you just mentioned so it's not only i

chaos song wall street the dow jones industrial average takes its biggest nosedive since two thousand and eleven rattling investors across the globe while europe has remained calm the business world is looking nervously towards the new york stock exchange when it opens in just a few hours. and are we there yet talks drag on for a new german government germany's two biggest parties inch towards a coalition deal but they missed deadline after deadline as negotiators clash over key issues. i've seen you so much going to thank you for joining us we start in kenya with allegations of a conspiracy to kill in the slums of nairobi dead bodies of young poor men are turning up on the streets almost every day they're suspected of being criminals and are executed by the police without charges and without trial w. spoke to a whistleblower who revealed an underground war on crime that's believed to have claimed more than three thousand lives last year. october two thousand and seventeen it's been two days since my mom pry own lost her son brian nineteen years old executed by the police. state. for

goldman sachs and wall street they are in the business of making markets and those markets there is a spread and by being both the buyer and the seller in these markets and providing quote unquote liquidity they are highly profitable in a business with you might argue very little risk in a way and they're printing money ok let's talk about your latest creation g.'s euro because this is as the name implies really touched into a huge profit center because there is no. ability to do a lot of the shenanigans that we've seen over the years is that a fair statement and can you give us an update on teaser well i would say and because there are various public offerings going on i have to be somewhat restricted by what i say i can't talk about the profitability or potential profitability but yes this diagnosed exactly what we're doing we're taking this core business of goldman and the various prime brokers unfortunately i don't think they make all their money from just buying and selling i think there's also manipulation and as you and i have talked about as you just mentioned so it's not only

amazon isafairway disappointed on wall street. amazon is a fair way off with $669 billion.ising fast. he was dave lee in san francisco. according to its latest sales reports, they are selling your iphones and they were last year. but that might not be as bad as it sounds. for starters, the company said the period measured was one week shorter than the same period in 2016, which may account for that drop of 1%. also, because of the iphone can, its latest smartphone, the average selling price of the iphone has gone up to nearly $800. so while they were selling less of the iphone, they we re selling less of the iphone, they were making more money on each one. that said, south of the iphone did not cited out of the park, and came in below wall street's expectations, is why wall street was unnerved as they were lower than expected. —— smash it out of the park. this will not be a problem for the country going into 2018. to the founder of emitria. the ipoh next remains an anomaly, an enigma, to many people. —— 0metria. anomaly, an enigma, to many people. -- 0metria. the reality is

maria: welcome to "wall street week." coming up, investing legend and chain of investment officer bob olstein. gerri: a major sell-off for stocks that was accelerated when the congress intel committee released a memo. the dow and s & p 500 each having their worst week in two years. the month of january was a different story with all major indexes finishing well into the green. the federal reserve gave indications hikes will be coming soon. the december job report released friday showed the u.s. economy adding 200,000 jobs with unemployment at 4.1%. this adds to the pressure on equity. huge tech companies. facebook crushed expectations. t the stock took a tumble when it was shown 5% of its traffic declined. apple stock last 10% in the last two weeks. amazon posted a record profit in the fourth square. amazon announcing a joint convenient tiewrm to create a new independent company that aims to lower healthcare costs for their u.s.-based employees. that's spooked investors. those stocks took a pounding this week. maria: for

there's a wall street story and corporate america story. the wall street story is simple.they don't allow. if the trump justice department can convince this judge, this federal judge to break up the at&t-time warner deal, that's a pretty big merger, one of the biggest ever, wall street believes that could upend a lot of deal-making. will it hurt our deal to buy disney? probably not, but the notion -- liz: you mean disney to buy. >> our assets? no. probably won't. but the decision where you have a big distributor arm and content play, merging that together. if they can get the judge to vote against that, those deals are off the table and those are a lot of potential deals giving what's going on in media right now. that's one play out there wall street is looking at. second play involves comcast. set it up with what i said yesterday. comcast bought nbcu in 2011. they agreed, that was the justice department under obama, they agreed to a number of conditions. current justice department under trump basically believes that those conditions weren't always met or at least that dea

regulating wall street.er, the hedge fund whose chief investment officer was so excited about a shakeout was founded by a billionaire, an active bunked her of campaign cash for politicians. he worked connections with friends to raise more funds for a campaign than they're allowed to give individually. in 2008 he had half a million dollars for john mccain. in the last 30 years hedge funds have dramatically increased their spending on political donations. in 1990 they spent 190,000 in 2016 they spent over $230 million. and who are the lucky legislators whlegislators who pe millions? >millions? surprise. surprise. onfour of them were on the financial services committee. but at least some senators are taking a stand against this kind of corruption. new jersey's cory booker recently tweeted, i heard from constituents today asking about corporate tax contributions. i'm joining several of my colleagues no longer accepting this contributions. our campaign finance system is broken. i stop big money for their work. it

the volatility on wall street was ecunented. the selloffs were intense. the moves higher were just as dramatic. and the speed as which they were happening was once unthinkable. the dow travelled 20,000 points during the f paste trading sessions. today, it rose 500 points. then it fell 500 points before closing with a gain of more than 1%. the dow jones industrial average rose 330points, to finish at 24,190. no longer in correctio territory. the nasdaq added 97. the s&p00 climb 38. but for the week, the major indexes each saw declines more than 5%. in one of the craziest stretches since the financial isis. >> the dow's sudden drop a week ag today had global markets reeling by monday. >> it's allbout market psychology. and it is changing as we speak. >> reporter: by the final harrowing hour of trading the dow was setting records, but not the kind anyone wants to hear about. >> now we are talking min stretch. >> it's changing by the second here. >> the dow jonesndustrial average is currently down just under 1600 points. m everybody thought theket was going t

is still quite choppy on global markets and wednesday session has been tracking this for us from wall street so yes plenty of volatility are we still not back on track after the sell off of previous days. that's pretty much the case over here those wild swings that we continue to see show that the market remains so nervous we only saw a tiny loss here in the dow jones industrial average when markets closed but at some point we traded up by as much as three hundred eighty points and we could not hold onto those gains so once again. increasing that actually already started all the trouble in the past week so that that becomes more expensive so we are still in pretty choppy territory over here on wall street i can't tesla's results came out just after the closing bell how is the electric car maker do. investors here on wall street seem to be pretty forgiving because their numbers were not stellar in comparison to last year's quarter the losses almost increased five fold to more than six hundred million dollars we're talking losses not profit and revenue came in only slightly higher than expecte

but, as diane king hall reports, there is no sense of panic on wall street. >> a deeply down day on wall street led to much of the same on the other side of the globe asian markets continued the downward slide this morning, australia also felt the sting whatever many analysts cents are calling a looming correction. >> the stock market is has gone too far too fast. just appropriate to hit the reset button. >> markets slumped for a slew every reasons. among them, rising interest rates, still it has become the biggest global sell-off since 2016. the dow lost 1,175 points, by day's ends. big drop, but again, something market watchers saw coming. >> very quai net there. very orderly, no panic. so honestly don't think there is much to panic about. >> and that's the advice for you from financial planners. don't panic. if you had money in the market , view it as a long-term investment that over the longrun is expected to grow. >> what would happen if i put $10,000 into the stock market right after the president was elected, and even with this two day sell off, that $10,000 , it would be worth $1

wall street is totally out of sync with main street. those two are going to connect and we'll see a big dip in the stock market. we don't know which will happen yet. >> anderson, if i can add one quick point. i agree with rana on this. the worst time to sell stocks is they sell when the urkt ma markw and falling and buy when it's high and that's exactly the reverse. for people that have 401(k) plans where you're investing for your retirement, you want to keep your money in the market. you don't want to panic when the market is down and you don't want to buy when it's high. >> stephen moore, appreciate it. joining me now is hogan gidley. hogan, thanks for taking the time. i want to start with the markets. the president has been speaking in ohio through this market, i don't know if you want to call it a correction or a plunge. i'm wondering has the president seen it yet? what's his reaction? >> well, i haven't spoken with him directly about that obviously. he's on his way back to the white house. but i can say the overall economy obviousl

article office wall street rebounded soon after tuesday's opening but trading is extremely volatile europe's all losses but nowhere near as drastic as expected then things will and we'll have the details on that story coming right up. back right after this. every journey begins with the first step and every language with the first word courage beneath. rico is in germany to learn german and why not learn something simple online on your mobile and free shop in w z e learning course he can speak german made easy. injured the conflict zone this week on conflict zone i miss them both to talk to rather complex to come closer to his ruling fun b b a k p she speaks to apology on human rights and is oh so loose confidence the president as the government pursues military operations in syria and continues to crack down on civil liberties on turkey's principle conflicts on t.w. . choppy trading on global financial markets a wall street recovery struggles to gain traction after monday's plunge significant falls on other exchanges fingers crossed it's just a correction and not a crash. and close quarters

investors here on wall street seem to be pretty forgiving because the numbers were not as stellar in comparison to last year's quarter the losses almost increased five fold to more than six hundred million dollars we're talking losses not profit and revenue came in only slightly higher than expected the biggest question that investors had is what about the production plans was the models really and test is sticking to the target that by the end of the second quarter they might achieve their goal that they already had promised for last year or so to deliver five thousand of those models three vehicles per week so that still probably is going to happen by the end of the second quarter but the stock actually in an initial reaction increased slightly the stock for the past twelve months is up by thirty five percent much better than the traditional american car makers were dealing here in the past couple of months so test driving investors that crazy ends quarter on wall street thank you very much. should've been men be paid the same as cleaning ladies warehouse workers the same as shop f

where the last couple of weeks has proved a roller coaster ride with wall street stocks down ten percent officially entering a correction this week trading got underway there with the dow jones leaping by four hundred points the wild volatility sparked by fears of growing inflation which could force faster than expected rate rises on the federal reserve now all eyes this week will be on the u.s. inflation figures that a jew out wednesday if the rate tops one point seven percent it could be a case of hang on to your hearts once again. so let's make sense of it all now with our man on wall street jens quarter joins us all financial correspondent from new york yes we've seen incredible swings on the markets what's the latest. well investors on wall street are not ready to throw in the towel at this point after blue chips gained a good three hundred points on friday we saw an even bigger upswing a recovery here on monday when blue chips gained a good four hundred points still those big swings no matter if to the up or to the down side show that there is some nervousness in the market and wed

markets fall over three percent what's behind the new downward trend we'll get the view from wall street also coming up germany has just reported bumper trade figures but that's unpalatable makers they just can't keep up and turning off ukraine's tap the country will miss out on vital natural gas in combat as the north stream two pipeline between russia and germany gets the go ahead. i'm done your winter in berlin this is your business update volatility has plagued the markets all week following a broad sell off on monday european shares closed in negative territory and thursday's session ending a short lived rebound germany's dax was the worst affected in europe closing down two point six percent in new york the dow finished over a thousand points and negative territory for the second time in a week analysts citing higher treasury bond yield as the catalyst for thursday's rollercoaster. quarter is tracking this from wall street for us so yes volatility continuing it looks like investors are still worried that increasing interest rates this year will hit corporate profits or is there mor

i wrote a book about wall street a little over 20 years ago. i have been following the financial markets and the pension crisis for a long time. a lot of people talk about the problems of the social security system, which i think are grossly exaggerated. but there are people who do not want to admit problems around the pension system because people associated are looking to cut back up with engines or eliminate them. it does no good to deny there is a problem. pension funds have made assumptions about returns they will get which seem unrealistically optimistic to me in an economy that has a long-term growth potential of under 3%. you think you will get 7% or 8% returns on 3% economic growth forever. i don't know how you do that unless the stock market gets more detached from reality. we have had a few dips and reality the last few weeks that reminds us that it does not always go up. host: explain exactly how the pension system works. guest: there are basically two weeks to organize the pension system. one is like social security which is the pa

remember, wall street does not equal major street. while it may be confusing to say there's good news, wages going up on friday. that's not necessarily great news for wall street. we're starting to see the federal reserve speak more freely about raising interest rates and keeping inflation in check. the federal reserve has two mandates. keeping inflation in check is that keeping the unemployment rate down. during the financial crisis ten years ago, the federal reserve lowered interest rates to where they are right now. the economy, have been, has recovered. we've seen growth throughout the world really. the federal reserve needs more tools. if we have another financial crisis, they won't have anything to combat it with. >> so the concern about inflation, is that a serious concern? >> richard was right to attribute the volatility to electronic trading which is why you see the huge drops within just a matter of minutes. but there is concern about the if he had raise go rates. you get used to a good thing, a 43 party. the federal reserve

melissa: main street versus wall street. w days for traders, but how is the average investor handling market volatility? we hit the streets to find out. ♪ a type of irregular heartbeat not caused by a heart valve problem. but whatever trail i take, i go for my best. : eliquis. eliquis reduced the risk of stroke better than warfarin, plus had less major bleeding than warfarin. eliquis had both. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking eliquis, you may bruise more easily... ...and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planned medical or dental procedures. i'm still going for my best. and for eliquis ask your doctor a

we are going to track wall street all day long as is everyone else, watching wall street to see if we get that rebound today. natasha, reggie, back to you. >>> all right. do not look at your 401(k) and do not panic yet. >> we're seeing a roller coaster on wall street. amy hollyfield live in san francisco's financial district. amy? >> reporter: reggie, just stay calm. that's what all the analysts are telling us saying we can get through this. yes, it was difficult to watch it drop yesterday. 1,175 points, but financial analysts say they do not consider this a crash. experts are saying there's no need to panic or sell. just stay focused on your long-term strategy. don't abandon that. the hot economy was possibly a little too hot and needed to cool down a bit. >> feel like it's a short-term market correction that is happening, and it's going to provide an opportunity for people that maybe didn't quite get in and missed the boat now are going to have an opportunity to invest. >> reporter: he says consider buying right now especially consumer staples. he suggests costco and procter & gambl

stocks in europe were u.s.tock lower, pointing to another down day on wall street. the w after its worst point loss in a single day ever. down more than points. inflation fears sparked the sell-off. diane king hallck excnge with m. good morning. >> rep g it's been a roller coaster ride, and today may bring even more the same. with more turbulence expected, soft futures have been all over the place this morning. [ bell ] a deeply down day on wall street led to muc o other side of the globe. downward slide this morning. australia also felt the sting of what many analysts are calling a >> the stock market has gone too far too fast.it'sust appropriate reset button. >> reporter: marf reasons. chief among them, rising interest rate fears. biggest global sell-off since 2016. thdo1,175 points by day's end. a big drop, butthing mark market-watchers saw coming. >> quiet in there, orderly. no there's much to panic about. >> reporter: that's the advice for yofr--on't panic. if you have money in the market, view it as a long-term investment that over the long run is expected to

investor concerns not quieting yet after the epic selloff on wall street. dow with the single biggest-point loss ever. the futures are wall street are rebounding after falling sharply overnight. we have christine romans fortunate with us with a look at what is behind the drop and how long it could last, my friend. >> the selloff is not over. global markets now. wall street plunge is rippling. tokyo and hong kong and shanghai are down. red arrows on the top of the screen. europe opened an hour ago. following suit with two losses. dow futures just popped higher. this is dow futures up 148 points. they were down more than 700 points overnight. it gives you a sense of how wild this market sentiment is at the moment. the dow lost more than 1,800 points in the past two days. monday was brutal. shedding a record 1,175 points. it is something i have never said before in 20 years of covering stock markets. more than 1,000 points. 4.6%. a big-point loss. we he had a big run up that percentage wise, it is shy of 5%. this is a rebound. look here. we got down to 24,000.

too much attention to those talks at this point is going to on wall street thanks very much for the analysis. and before we go it's been a swathe of trading one hundred thousand one dollar on the black market something as well as have become creative of all ways to make money out of their currency any way one trader took piles of value on the olds over the border to colombia where he crafts them into fashion accessories that's fifteen dollars at a huge markup face value of the items and there is also a graphic designer who has sold thousands of his illustrated believe honest to customers around the world. you've got to get creative if you want to make it in that country thank you very much for joining us have a day continues on. oh climate change. just a new lease on. environmental. globalization. biodiversity species conservation exploitation ecology. human rights displacement the issue of the global and local action. global three thousand. we make up oh but we quantize over half of the handout that she thinks we ought the civil service to. be one to shape the continent's future to