his work sort of, kind of, has fallen by the wayside. charlie: at that time? significantly since then. people upon him one of the three or four greatest painters of the 20th century. guest: we have + warhol -- we have picasso and we have warhol. the entire art market is made up of picasso and warhol. that is 50 percent of the market. everything else shares the rest. the picasso market is just billions of dollars a year globally, and picasso alone represents, i don't know what the number is. year dependinge on what sells, but can be 20% of the overall market. take a look at damien hirst, 2007. he went to zero. now, he is crawling back and people are talking about whether or not he's going to make a comeback or not. that is the fashion. charlie: one collective can make an artist, can they not? guest: one collector, yes. someone can come in and invest and collect and make it happen, but other people have to come to the party. charlie: you cannot just do it by yourself? inott: no, francoise p has been a huge collector, a great investor, a very smart man. he can bu

. >> some great artists fell by the wayside. look at the great painters of the 80s of.hey're not in native. >> what determines it other than supply and demand. >> i think zeitgeist. there's a zeitgeist. there's a feel. >> with who creates the zeitgeist. >> the cite gift is a combination of dealers, collectors and the real world. life. i don't think that warhol's work was as important in the 80s as it is now but the world 20 in his direction. he foretold the media. he foretold the internet in a sense, the idea that imagery can take it from one place and put it in another and celebrity and the importance of marilyn monroe anall of these that i think. >> and moo see thing and all of this. >> that's what made it important is what happened in the future. so i think in the moment we can't always know. we ke know what we know know but the future will tell. >> what kind of man was andy warhol. >> a very strange man. i'm certainly knot one of his best friends but he would -- >> you know him. >> i knew him. he would just say "great, wow, wonderful" and never let you know. he was

we had delays at sfo, they have gone by the wayside. this is the p.m. planner., evening hours, look at the 50s, 60s along the coast, 7:00, 8:00, 64 at the bay, down to 78, and 70 at 8:00. inland at noon, 93, still right at 90 at 6:00. 79, though, if you want to have dinner out on the back porch. tonight, look at theilnow, advi allow juice after six months. pediatricians say there's evidence linking to toot decay and weight gain. >>> happening today, bay area observes harvey milk day with activities. the late gay icon would have celebrated 87 today. milk was the first openly gay politician elected to officer in the state. he served on the san francisco board of supervisors in 1977 before being assassinated a year later. san francisco's history museum offers free admission today in his honor. the oscar winning documentary "the times of harvey milk" is showing at the castro theater. >>> warriors have a date with destiny tonight looking to punch the ticket to the nba finals for the third straight yearment the doves hope to sweep the spurs in san antonio coming off a

appreciation of the uniqueness and specialness that we have in our history and not let it go to the wayside, not let it become just any old country that doesn't have that kind of incredible history. steve: jean, you get the last question from texas. be brief. caller: thank you. in 2017, i was reading, i read new world speech from the 1930's. i was led there by a journalist article referred to a magazine and excerpt. can you make parallels between nationalism today in the new world order speeches of the 1930's? steve: thank you, jane. daniel krauthammer: i am not entirely sure which speeches you are referring to to be honest, but i think you are drawing a parallel perhaps between the nationalism supported by president trump and his supporters and perhaps the fascism of the 1930's. i would say i think that is definitely going much further than i am arguing. i am not worried about a fascist government in the united states, but fascism does grow on a nt culture ofvirule sorts, and focuses more so than what i am pointing out on nationalism. findss very exclusive and greatness almost in excluding

continued to stay on top of this, this would likely have been one of those other stories that fell by the waysideeve that, you know, the continued pressure from the movement, the continued pressure from the families, and the many others who have been part of the movement, has really been what has essentially triggered these negotiations and the release of the girls. let's round up some of the other main stories: the italian coastguard says about 6,000 migrants trying to reach europe have been rescued in the mediterranean over the past 48 hours. officials said they organised around 40 separate emergency missions on friday and saturday. many of the migrants were trying to make the crossing from libya in makeshift vessels. the former head of the palestinian militant group hamas in the gaza strip has been elected as overall leader. ismail haniyeh will take overfrom khaled mashal, who has led the movement from abroad for two decades. the election took place using a video link between delegates in gaza and qatar. tens of thousands of people have marched through the polish capital, warsaw, to protest ag

continued to stay on top of this, this would likely have been one of those other stories that fell by the waysidee from the movement, the continued pesce from the families, and the many others who have been part of the movement, that really has been what has essentially triggered these negotiations and the release of the girls. we are absolutely ecstatic. evonne, thank you very much. apologies for the quality of the line. that was the organiser of the bring back our girls campaign, a big campaign which campaign for the release of those girls kidnapped in chibok. the italian coastguards is around 6000 migrants trying to reach europe have in rescue dinner at srini and over the past 48 hours. officials said they co—ordinated around 50 separate emergency missions on friday and saturday. many of the migrants were trying to make the crossing from libya in makeshift vessels. strong winds and rain have swept across parts of eastern china, bringing down trees and cutting off power lines. in some areas gales have reached force 10 over the last two days. more than a0 tourists in fujian province had to be re

that is not to shun away long—time allies but to recover ties which we left on the wayside.oans from the philippines will get loans from the chinese was to mark will get additional investments from the chinese but will be on the short end of the south china sea dispute. chinese but will be on the short end of the south china sea disputelj don't think so because the idea is... think of it this way. if we we re is... think of it this way. if we were to have a conflict in the south china sea, what purpose would the loa ns china sea, what purpose would the loans atlas? it is not in the interest between america and china 01’ interest between america and china or the philippines and the southeast asian nations to enter into a wall. —— war. if the idea is to get loans, the idea is to create a zone of stability. previous to that we would have to look at zones or areas of agreement where we and china could actually agree on. we need to leave it there. thank you for your insight. hundreds of thousands of sufi followers have flocked to a shrine in southern pakistan in defiance of threa

appreciation of the uniqueness and specialness that we have in our history and not let it go to the wayside, not let it become just let us become any old normal country that doesn't have that kind of incredible history. host: jean, you get the last question from pine creek, texas. republican line. caller: thank you. in 2017, i was reading, i read new world order speeches of the 1930's. i was led there by a journalist article who referred to a magazine, an excerpt. can you make parallels between nationalism today in the new world order speeches of the 1930's? host: thank you, jane. guest: thank you. i am not entirely sure which speeches you are referring to to be honest, but i think you are -- take it from your question your drawing a parallel perhaps between the nationalism supported by president trump and his supporters and perhaps the fascism of the 1930's. i would say i think that is definitely going much further than i am arguing. i am not worried about a fascist takeover of the united states. but certainly fascism does draw on a strictly verio and that euro and ultra nationalism of sor

minefield and come out unscathed, and others become victimized by those situations and fall by the wayside the hell out of here. this isn't about you. >> reporter: would you do the same thing that you do in this game? would you, like, go to the other side of the street and all this kind of stuff? >> yeah, yeah, i have to. that's how we survive. >> reporter: sometimes they shoot you. >> reporter: and that's the point. using the game's virtual world to survive in the real one. dean reynolds, cbs news, chicago. >> ninan: and that's the cbs weekend news for this saturday. later on cbs, "48 hours." i'm reena ninan in new york. thank you for joining us. good night. >>> and now at 6, hailed as a hero. a bay area teen rescues his brother from their burning home. >>> scary moments at a water park in the east bay. a boy fell from a 3-story water slide landing on concrete next to the lied. >> i'm brian bachnej. >> and i'm juliete goodrich. >>> >>> the possibly toppled off thissed slide. we understand the 10-year-old boy is okay. he had a skinned knee and some bumps and bruises, but he is otherwise al

minefield and come out unscathed, and others become victimized by those situations and fall by the waysideget the hell out of here. this isn't about you. >> reporter: would you do the same thing that you do in this game? would you like go to the other side of the street and all this kind of stuff? >> yeah, yeah, i have to. that's how we survive. >> reporter: sometimes they shoot you. >> reporter: and that's the point. using the game's virtual world to survive in the real one. dean reynolds, cbs news, chicago. >> ninan: and that's the cbs weekend news for this saturday. later on cbs, "48 hours." i'm reena ninan in new york. thank you for joining us. good night. acronyms alolfun. laugh out loud, btw by the way, and of course, wbyceiydbo we'll buy your car even if you don't buy ours hey, what if i wanted to sell my car? wbyceiydbo! wbyceiydbo? we'll buy your car even if you don't buy ours wbyceiydbo wbyceiydbo!! wbyceiydbo wbyceiydbo!! wbyceiydbo! wbyceiydbo!!! wbyceiydbo!!! no, no, we're cool. i got you. ok. it's the right thing to do. ♪ carmax music sting >> announcer: the following program

that is not to shun away long—time allies but to recover ties which we left on the wayside.s will get loans from the chinese, will get additional investments from the chinese, but will be on the short end of the south china sea dispute. well, i don't think so, because the idea is... think of it this way. if we were to have a conflict in the south china sea, what purpose would the loans serve? it is not in the interest between america and china or the philippines and the southeast asian nations to enter into a war. if in the short term the idea is to get loans, then the idea is to create a zone of stability. and previous to that, we would have to look at zones or areas of agreement. hundreds of thousands of sufi followers have flocked to a shrine in southern pakistan, in defiance of threats of terrorism. a suicide bomber attacked the shrine in february, killing more than 70 people. bbc urdu's umer draz has been to meet the devotees whose faith is stronger than fear. they have travelled 1,000 miles for theirfaith, coping with boiling hot weather and difficult terrain. their de

minefield and come out unscathed, and others become victimized by those situations and fall by the waysidet the hell out of here. this isn't about you. >> reporter: would you do the same thing that you do in this game? would you like go to the other side of the street and all this kind of stuff? >> yeah, yeah, i have to. that's how we survive. >> reporter: sometimes they shoot you. >> reporter: and that's the point. using the game's virtual world to survive in the real one. dean reynolds, cbs news, chicago. >> ninan: and that's the cbs weekend news for this saturday. later on cbs, "48 hours." i'm reena ninan in new york. thank you for joining us. good night. >> male announcer: the following program is sponsored by mercy ships. they're desperate. children and parents line up by the thousands for a chance to get the surgery that will save them. many have suffered for most of their lives, living in the shadows. they've been outcast, shunned, treated as subhuman. children with painful burns or twisted limbs, people suffering from facial tumors that threaten lips who endure isolation and ridicu

there are fears that tax reform, health care reform, these things have to gby the wayside because therether distraction going on. what are your thoughts? >> we can't allow that to happen, it's important for republicans to stand strong on this, have a legitimate investigation, that's fine, go ahead with that. as real facts come out, we have to address them. can't be giving into the crisis of the day and yielding to this. trish: it's like crisis of the hour, right? >> exactly. of the hour. trish: thank you so much, congressman king, appreciate you joining us. >> thank you. >> the markets way off today, off 300 points, near session lows as i speak. you got financials dragging things lower. investors are looking for safety plays. going to gold right now, they moved into treasuries, bill gross, the legendary bond investor is here and he's going tell you exactly what you should be thinking about this market. stay with me. i'm back in two. [vo] when it comes to investing, looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that oft

excavations, and the dna shows that there were white men and so all of your arguments fall by the wayside as far as the indian being the first human here. where did you learn that bit of information? caller: reading, reading. i have been reading the barnes press, american free which everybody should subscribe to, and some of these points are brought out in brief articles, but nevertheless they have been re and ito the fo engineay also that the was a very vicious person, and anybody who came here, you have to think about how the jesuits were treated when they got here. they did not want to be converted. host: do you care to weigh in on any of that? guest: sure, slightly. what i would like to say is that there has always been a debate about who was your first. clearly there is overwhelming support that native americans were here and existed when the first europeans actually in later centuries discovered america, but when we look at the caveman from my own area over 10,000 years old, the dna testing connected to our tribal citizens, so there may have been others that have wondered into this

want to explore your idea of sitting by the wayside. i'm not going to say that wilson had any success in shaping the piece. you are exactly right. i don't think he believed that, though. i think he was enough of a non-world player that he thought he could go to versailles -- and i am playing right into her hands because she wants to talk about versailles -- that he could actually be at the table and get his way. of course, i will just stop there. jack: maybe i have something worthwhile to say on that in terms of -- not just his being there and whether he was a very idealistic person -- and one of the reasons that a lot of people who had been pacifists before the war supported him was because they believed in his idea of progressivism. didn't like the idea of giving up all the progressive goals they had in the u.s. is at those were more important, but this was an idea to do it on a global scale. they bought into that, and at the end of the war they were disillusioned because they did see that these things have happened. actually, many of

it is causing some of the second-tier players to fall by the wayside.nd-tier that do not have a competitive advantage eventually having to call it a day. youruld you describe position as offenses or defensive? >> offensive. >> in what way? >> looking for talented individuals. we hire them and bring them on to our team in this environment with those firms shutting down, it a lot of good people are out there that we want to bring into citadel. and there is a chance to bring good people in. shakeoutng before the in the hedge fund industry is over? how long will it take? >> it is a shakeout for asset management. we see the rise -- we see many come out of active management and go toward passive structures. as that happens, the money that is in the passive structures is not -- in the same way. it should make the markets less efficient, creating a larger profit pool for those that remain. find thatve -- will passive will be bigger, active will be smaller and of those firms that are best able to assemble, analyze and incorporate information into their investmen

it is causing the second tier players to fall by the wayside. we saw this from the dot com bust.ur position, would you describe it as offense or defense of? tim: it is offense. erik: in what way? tim: in the quest for talent. there are a number of really talented individuals we can bring onto our team in this environment. with firms shutting down, there are a lot of good people that we want to bring into the citadel. with firm struggling, there is a good chance to bring firms into the citadel. erik: how much longer do you think this shakeout in the hedge fund industry will be over? tim: it is not a shakeup for the hedge fund industry, but for active management. right? we see the rise and etf and index products. we're seeing money come out of active management heading towards passive structures. as it happens, the money that passed the structures is not -- estimate the markets less efficient grading a larger profit pool for those to remain. we will find a new nuclear realm over the years to come. the firms that are best able to assemble, analyze and corporate information into thei

and that seems to have gone by the wayside.t that translates into is some of the wild west mentality and sort of the shooting for any slight real or imagined. >> that is just how it is. bank robber robs banks. a nurse helps patients. gang members shoot each other. >> 22-year-old delshaun bloodworth has been one of boston's oldest street gangs. >> i got older, and i really liked the lifestyle. i liked the lifestyle. it is easier. it is easier than just showing up to work every day, and you know what i mean, and seeing the same people, and even though you don't like them, mad at them and you don't want to ever see them again, you have to come back to work and still handle your job and all of this other stuff. >> bloodworth is currently housed at the jail on nashua street, and one of the two jails that currently comprises the suffolk county jail system. most of the inmates have not been convicted of a crime, but waiting sentence for their crime, and if they are convict and given a sentence of two-and-a-half years or less, they cou

of the things that president trump campaigned on with regard to foreign policy have fallen by the wayside is one of them. what happened is that the white house decided to pursue this middle east peace initiative. it's not exactly clear what the strategy is but that is now the main priority when it comes to dealing with israel so everything else that can complicate that is getting pushed aside, including the drive to move the embassy from tel aviv to jerusalem. they'll say that this is under consideration, et cetera, et cetera. what's really happening is that they've sort of taken this off the agenda because it complicates their drive and because the israelis don't necessarily support it and the palestinians definitely don't support it and the arab states don't support it. this is where their sort of campaign rhetoric flies in the face of their administration goals and the administration goals are waiting it out. it also shows the coming u.s. ambassador to israel is not winning the day internally. the people who are running israel policy in this administration, son-in-law jared kushner, ja

a lot of the russia stuff will go by the wayside. should have been prevented and in the case of the other scandals investigated without resolution. not much to show for a career in counterterrorism or law enforcement are running one of the country's most prestigious agencies. mercedes schlaap and daniel horowitz thank you both for being with us. thanks for being with us. ed rollins and general jack keane news eric carter among our guests tomorrow. please be with us and thanks for joining us tonight. james comey with democrats public enemy number one to yesterday so why are they jumping to his defense and resident trump city fired tommy because he wasn't doing a good job. i will ask the judge if he was constitutional plus barack obama says steaks and burgers are to blame for climate change so will he go vegetarian to save the planet? grab a spatula. kennedy: james comey was a flawed and unpopular fbi and unpopular fbi director who would have been fired by either winning president of canada but his removal raises questions about consti

it has pushed back to the wayside with health care and tax reform taking center stage.ff. you mentioned the pmi data out of china. it was terrible, and that added to the slide, too. when you're not talking about a trillion dollar stimulus plan into this, i'm not surprised we're lower. >> scott, you're taking a look at the charts, the levels, what are the key points to watch? >> you're right with the 30% drop in april driving those imports to the lowest level in six months, that is really a queasy chart and with the pmi data out of china, they're not going it to get any relief soon. >> all right. today on "futures now" a packed show for you. we are joined by sven henrich. plussance it's yo amoroso to talk opec and all things crude oil all at the top of the hour. this is where i trade andrs. manage my portfolio. since i added futures, i have access to the oil markets and gold markets. okay. i'm plugged into equities- trade confirmed- and i have global access 24/7. meaning i can do what i need to do, then i can focus on what i want to do. visit learnfuturestoday.com to see

i think a lot of that has fallen by the wayside. >> this is something ugly that goes beyond the realm's not a good thing when people say this group of people are bad. you seem okay, but everybody else who is like you. the media is not a race, but approximate taps to something we've been through and i'm not trying to apply the media to be cinnam synonymous with. that but they saying maybe you don't deserve it because you seem nice, but everybody else, no, that is a dangerous place to go. >> and quickly and lastly about this race, a lot of democrats are upset at their own party because they haven't got a win. this is probably not a place they could win even with a last day attack on a reporter. what do the democrats do with this? >> i think they're going to point to what she was talking about, that his margin was a little closer than the standard. everything boils down to these things to local issues. this was not a great candidate for the democrats. he was not well own. also the republicans knew that gianforte was not a great candidate because he lost the governor's race last year even

a lot of the russia stuff will go by the wayside.reventable and should have been prevented and in the case of the other scandals investigated without resolution. not much to show for a career in counterterrorism or law enforcement are running one of the country's most prestigious agencies. mercedes schlaap and daniel horowitz thank you both for being with us. thanks for being with us. ed rollins and general jack keane circaaaaa drain to making news this morning. james comey response to being fired by trump. we will have all the latest out of washington. good morning. i am nicole petallides. lauren: good morning, everybody. i'm lauren simonetti. the search for a new fbi director on the trump agenda of tax cuts and health care reform. in the meantime, dow futures are down 17 points. nasdaq down by six. train to the latest sign that obama carries collapsing. at fellow poet of the losing obamacare marketplace by next year. lauren: in his first public

a lot of the russia stuff will go by the wayside.preventable and should have been prevented and in the case of the other scandals investigated without resolution. not much to show for a career in counterterrorism or law enforcement are running one of the country's most prestigious agencies. mercedes schlaap and daniel horowitz thank you both for being with us. thanks for being with us. ed rollins and general jack keane circ here's the man himself. lou dobbs. keep it right here. fox business. lou: good evening, everybody. james comey's firing from the fbi was far from a sudden decision, it turns out. white house deputy press secretary sarah huckabee sanders revealed that president trump had considered firing com since the day he was elected. the president, however, made his final decision after learning that comey had lost the confidence of the people who defend this country and enforce our laws. fox news, chief white house correspondent john roberts with our report. >> lou, in this tangled web of claims and counterclaims about the fo

what technology did, it sold off because we were worried that globalization was going to go to the wayside, protectionism was going to come in. it's negative for a technology sector. you talk about the trump policies not being enacted until 2018. goldman sachs had that note out at the inning beginning of the . the risk is that this does occur. that's the risk to the upside. >> let's talk about another technology stock. if you want to call it that, that had a great year. tesla. check this out. morgan stan dika pitchlating on the stock. downgraded it to equal weight. adam jonas is the one there, maybe the best known one that covers that company. it can become the next amazon or apple. we see such if you remember firm as competitors. it's a big deal because of the angel cyst. >> that was a story 200 points ago and 1 is 00 points ago. now, it's more realistic. this is another where it makes sense. either you're there because you're a a true believer or you're not. >> this this a wake up call to tesla owners. i talked to some tesla balls and they've been dead on the stock. i've been os rated be

the president has had confidence in people who have fallen by the wayside. this person is married to his daughter. it was very stark. even listening to the lead into the segment when people are working for the white house, like secretary kelly, and when they not working for the white house like michael hayden. a stark difference what you heard between both very accomplished national security officials. >> i would just add quickly on that point, these are the two things, pillars of trumpism. family above all. if donald trump has shown anything, he is loyal to family first. that's really the only people he listens to. at the same time, another pillar of trumpism. he hates when people who are not him give him bad press. >> that's his job. >> you have -- right. this is what you have. you have two things colliding because you have a guy who you just can't get rid of with a guy who clearly must annoy trump because of bad therepress. unique figure in the white house. >> ambassador burns, back channel to russia. good or bad? we heard both this weekend. john kelly sa

seeing other potential contenders for the republican nomination fall by the wayside. george romney, father of mitt romney, people who would've been likely candidates all of the sudden are not strong possibilities. this is an opening for richard nixon. as richard nixon makes his great comeback, he is very mindful of what his public image will be. so mindful that it is the subject of satire on the cover of esquire magazine. what does he do, he hires a madison avenue at agency to go the whole television presence around him. he hires key aides who are very satellite -- savvy to deliver a message. among them being roger goodell, a young aide who goes on to manage fox news. also among the campaign staff is a young patsy buchanan who becomes a television pendant and it presidential candidate himself. he is responsible for writing some of the more strongly conservative speeches that nixon gives during the 1968 campaign. got a really sad that -- savvy television group around him. he builds a public image that is very different from the image that he has in 1960, trying to inst

it's not something they would sort of put by the wayside.se remarks are tape verken v very seriously in that country. >> admiral, how significant are these comments? >> is the president's national security adviser before the trip said it was going to be a chance to prove that america first doesn't mean america alone. maybe in riyadh they did that. brussels he blew that whole argument out of the water and now you have angela merkel saying america first probably means europe alone. this is a big deal. you have in the course of one week, wolf, you've got our closest ally, the uk, refusing to give us intelligence in an ongoing investigation. you have our oldest ally, the president of our oldest ally, france, saying he's not going to be bullied by president trump and now you have arguably our strongest ally in the continent in germany saying the united states can't be relied on anymore. that's a shame because the united states has been underwriting stability in europe since the end of world war ii. their security is tied to ours. this is potentia

rudy giuliani no later than 90 days into his presidency, but that plan seems to have fallen by the wayside. how about video of drones dropping on your head. the government says it won't hurt. here's that video from the faa. it's the study that says you don't have to worry with drones because see there. the engineers found they bend when they whack you in the noggin so drones absorb the energy when they hit you in the head. they don't hurt as much as a block of wood which is what was happening on the right. bottom line blocks of wood falling out of the sky, that's what you should worry about, sam and kris. >> we'll keep a very close eye out for that. >> watch out. >> 11:14. deal done. the government will stay up and running through september after budget negotiators in washington struck an agreement late last night. here's the latest. president trump backing down on his long-standing position of demanding money for a border wall and any sort of budget deal. well, that didn't happen h.instead, the president asked for $3 billion in border security. lawmakers ended up doling about just about $

you've got to do right or you're going to be fall by the wayside.ost: kevin, thanks for the call from d.c. ran disout in iowa. ood morning. caller: i would like to cut you on the root of these problems. and for m the judicial profit prisons and all this other stuff is that in the beginning as a child grows up as his mother and father are invest in their communities with good jobs that that $10 an hour and $15 an hour job today is difference making $11 plus some benefits on top of that back in the early 1980's when ronald reagan came into office and a lot of these jobs, these skilled labor jobs and things like that are not being protected, are being offshored with free trade. and when you have people who ,ive with despair, in disparity -- it makes it hard to live in the community. like some of your guest this morning have brought that up -- guests this morning have brought that up. the last caller. he didn't understand. he didn't see there was another way. he embraced what he had and he got in that groove. and a lot of that, i think that it -- sense

this is kind of a strange era where private identity and private moments seem to be going by the waysidehat she operates with a kind of caution, no matter where she is. she is thinking somebody might have a listening device. it is so easy today to have a cellphone pick up things or there are little gizmos you can get from a spy store in greenwich village. so it would behoove them to assume they can be recorded. >> and don't say anything you don't want recorded. >> right. in warld war ii we brought over german pows who went out to smoke cigarettes in a grove of trees thinking they could talk and the u.s. government bugged the trees they were smoking cigarettes under. we had tapes about all of these german secrets. so bugging is a big part of government operations. >> this is also interesting to me. i want to ask you real quickly about some new information we just got in. the fired u.s. attorney in new york just wrote a newly-released op ed for "the washington post" and i want to read one line. in the tumult of this time, he writes, the question whose answer we should perhaps fear the most

this is causing the second tier players to fall by the wayside. we saw this from the dot com bust.econd-tier firms that do not have a competitive advantage and eventually have to call it a day and move on. >> your position, would you describe it as often serve -- offensive or defensive right now? tim: it is offense. erik: in what way? ken: in the quest for talent. there are a number of really talented individuals we can hire bring onto our team in this , environment. with firms shutting down, there are a lot of good people that we want to bring into citadel. with firms struggling, there is a good chance to bring firms into citadel. erik: how much longer do you think this shakeout in the hedge and industry will be over, i the time it is, what will have happened? ken: it is not a shakeup for the hedge fund industry, but for active management. right? we see the rise of passive money and etf and index products. we're seeing money come out of active management heading towards passive structures. now as that happens, the money that is in passive structure is not pursuing alpha in the sam

that plan, though, seems to have fallen by the wayside.eaking of cybersecurity, if you look, you can find the new season of "orange is the new black" available online available for download because it was stolen from netflix. netflix refused to pay a ransom to a hacker so the hacker put the latest season of the series online for anybody to download. probably little chance anybody is going to try to pirate the new movie "the circle." it bombed in the box office. second time in a row for tom hanks. the movie is about a fictional tech company, google mixed with facebook, invading people's privacy. started as a book written by a celebrated california writer. it got 17% on rotten tomatoes. chicago sun times said it's one of the most crushing letdowns of 2017. rolling stones says ripped from yesterday's headlines. what's really kind of the big story is a bollywood movie did better than "the circle." it came in third. we searched for clips of that, we can't find it, but good on them. >> does that mean you're going to dance for us? >> coming up. >

victory in 1966 and seeing other potential contenders for the republican nomination of 1968 fall by the waysidenelson rockefeller in george romney, people who have been likely candidates all of a sudden are no longer strong possibilities. this gives an opening to richard nixon. ,s he makes this great comeback he is very mindful of what his public image will be, so mindful that it is the public satire of esquire magazine. do? does he he hires a madison avenue ad agency to build a television presence around him. he hires key aids were very savvy to the power of television media to deliver a message. chief among them being roger ailes, a young aide who goes on to found fox news. also among the staff is patrick buchanan, who later becomes a presidential candidate himself. is responsible for writing some of the more strongly conservative speeches that nixon gives during the campaign. he has got a really savvy television group around him and he builds a public image that is very different from the image in .960 one key prong is advertising and using it creatively in a way that does not foreground him

there's a lot of people in the marketplace and this is causing second-tier players to fall by the waysideu can see second-tier firms that do not have a competitive advantages. you have to call it a day and move on. erik: why is it so hard to generate excess returns? ken: excess returns come from market inefficiency. use -- news, data and information means markets are mutts more efficient in the short run. is there less output to be had? ken: because the markets are efficient, there's less output to be had. today, earnings will be analyzed and companies will analyze we are going to do this. literally within seconds of the earnings announcement, you see tock prices move and just reflect all the news we have. quarter timeed when you are looking at data that comes from credit cards giving you insights. all of these dynamics are making the money move -- making the markets more efficient and more it reduces the amount of alpha available as a community. would you describe your position as offenses were defense of? ken: offenses in the quest for talent. there are a number of talented individuals.

but that plan seems to have fallen by the wayside.ch does like the president's tax proposals which would slash corporate income tax and allow a one-time repatriation of funds. companies can bring the cash in that they makeover seas back to america. tim cook has been pushing for that for years. here he is testifying before congress about overseas money and corporate tax. apple reports profits tomorrow, and some experts say they expect apple to say it has a quarter trillion dollars in cash. that would be the biggest cash horde in corporate history. now, not everything in silicon valley makes money. the movie "the circle" about the fictional company by the same name absolutely bombed at the office. second terrible movie in a row for tom hanks, by the way. the circle is about a company, think google combined with facebook. based on a book by celebrated author dave eggers from san francisco. hey, guys, how about drones dropping on your head? this is video from the government study that says, you don't really need to worry about drones fall

that they'll try to apply some of these lessons to his day-to-day life, or does this all go by the wayside're stateside? >> i think at least now they have the ability to point to a successful period when there wasn't a lot of drama -- >> and this counts of successful. there were just front page stories about him trying to -- >> well, those were out of -- >> it's all relative. >> the question about donald trump always comes down to will donald trump control himself? >> discipline. >> and he has repeatedly succeeded despite his inability to do that. >> that will have the to be the last word. thank you to my panelists. that does it for this hour. i'm nicole wallace. "mtp daily" starts right now. hi, chuck, we've missed you. >> did you miss me? i hope so. >> i missed you every day. >> that's why you take time off. that's why i tell the boss, you're not missed if you don't take time off, right? >> i hope so. >> it's good to be back. i don't know, nothing much happened in the few days i was gone, but i'll catch up. thanks, nicole. if it's tuesday, there's even more russia smoke. >>> tonight, the

looking at and seeing other potential contenders for the republican nomination of 1968 fall by the wayside, rockefeller and george romney, father of mitt romney, people who would have been likely sudden areall of a no longer strong disabilities. so this gives an opening to richard nixon. but as he makes this great combat, he is very mindful of what his public image will be, so mindful it is the public satire of esquire magazine. he hires the madison avenue ad agency to build a television presence around him. he hires key aides who are very savvy to the power of television media to deliver a message. he meets roger ailes, i don't aid -- a young gay who goes on -- aide who goes on to find fox news. withso becomes friends patrick buchanan, who becomes a presidential candidate himself. he is responsible for writing some of the more strongly conservative speeches that they gives during the 1968 campaign. so he has got a really savvy television staff around him, and he builds a public image that is very different, very different from the image that he has in 1960. he tries to distance himself fr

we cannot allow the gains we've made in afghanistan to fall by the wayside. we know all too well what can happen when radical, oppressive ideologies are allowed to fester in hostile nations. make no mistake, because freedom and fairness for afghan women is essential to the security of our nation it is also crucial to our own. that's why i'm pleased that president trump is reviewing our strategy in afghanistan, including a re-evaluation of troop levels and our rules of engagement. . if we're going to be in afghanistan we need to do what it takes to succeed. the afghan people must take the raines -- rains -- reins of their country's future. right now i fear we have tied the hand of our military through reduced force strength and limited rules of engagement. we should never send our military men and women into harm's way without the tools and resources they need to get the job done. re-evaluating our force strength and rules of engagement is the right decision and i look forward to hearing from president trump and secretary mattis as the nato summit approaches.

do seem, and again we'll hear the speech in a few minutes, but they do seem to be falling by the waysidehat's where we're all expressing different levels of concern. if you're the white house and you're thinking about where to do a speech, you could argue, you go saudi arabia because that's where there's a heart of a problem and i want to address that and go into the belly of the beast. i don't know that this speech is going to meet that bar, or not from the excerpts that we've seen at this point in time. i think this is a struggle for many presidents. this president, i think, has a different challenge than past in that he is digging out of a big hole of concern that has been in the muslim world, not just in the middle east but around the world, about comments he's made, about the travel ban that, you know, we shouldn't lose the not irony, that's a terrible way of saying it, that at home his administration is fighting to reinstate the travel ban, even while he is trying to reset his relationship with the muslim world. and so speeches, they are opportunities to reset. they don't heal all

conjunction with law enforcement inquiry, that makes it very hard for all of this to just go by the waysidelet me bring you into this because it seems like we do get wrapped up in these news of the day, the drama that they create. but i want to just get back to the under -- how we got here. is that since the early stages of the campaign, and this is something in that the republicans who ran against him in the republican primary were critical of, your old boss chris christie was critical of trump's sort of posture when it came to russia. the platform, remove the language that was supposed to sort of protect russia's neighbors from russian efforts. where do you think we are in sort of u.s./russia relations after, you know, i think obama hadn't let -- president obama hadn't let sergey lavrov into the oval office in two years, he was back last week hugging and kissing with his press corps, not ours. what does this say about u.s./russia relations? >> i'm thinking about the normalization of the strangeness of this all. again, american journalists were not allowed into that meeting -- >> right. >>

you can kind of put crude oil to the wayside.s only going to matter if it can sustain below 40 or above 53. >> very quickly, china demand, really strong. mike: strong, that overall, that is what has been happening. globally keepes having to be revised down. that is a trend that is not favorable to prices. scarlet: we keep hearing about how emerging markets are doing better. if it's not china, won't to the other emerging markets -- we could look at india and the other countries -- will we not see demand pick up enough there to keep prices buoyant? mike: yes, we are supposed to. i remember hearing that 10 years ago, peak oil. [laughter] the back and look at forest, and the forest is, yes, it is supposed to be happening, but demand is actually declining. >> bottom line here, in the range [laughter] -- in the range. [laughter] scarlet: our thanks to mike mcglone. check on the a bloomberg first word headlines with mark crumpton. nbc: in an interview with news, president trump called fired fbi director james comey a "show boat and gran

if that goes by the wayside, they're not covered. 85% of 55 to 65-year-olds have a preexisting condition. >> the original one said 24 million could lose their health insurance. obviously this bill looks slightly different than that did, but again, we don't have a cbo score so we don't have an independent watchdog looking to what these numbers mean. dick, let's talk about the surcharges for cancer. $142,000, as i said, 650. 142,650, excuse me. what does this bill do for patients who are fighting for their lives? >> we talk a lot about people with preexisting conditions, and the question is, who are they? there are 15 million cancer survivors living in the united states today, many of whom will have very difficult time accessing affordable health insurance. you know, they've set up this waiver system that will enable states if they choose to set up high risk pools, but what that will do is that will segment the sickest people, including cancer patients, into those pools, and they won't have enough money to do it. everybody says that there's not sufficient funding. if you look at the histor

there are major issues right now are completely by the wayside because all the oxygen on capitol hillhat do you think, charlie? because that same focus, when you talk to a lot of these meetings are still occurring in the background. mnuchin on capitol hill today, yesterday, with gary cohn, meeting with groups including democrats. so they seem to think full speed ahead. what do you think? >> well, they got to try to be full speed ahead because they have to try to change the narrative too. that is political necessity. maybe that is a good thing. but i will tell you this, there is desional aspect to donald trump here. here is t delusional aspect, somehow, what he is doing is good, tweeting, crazy stuff, all these big agenda items and somehow it is sean spicer's fault. i mean that is delusion. it gets back to the point that donald doesn't listen to anybody. nobody can tell donald what to do. his kids, a lot of people say ivanka can tell him what to do. that is baloney. jared kushner can't tell him what to do. you need someone to sit you down, x, y, z. most good presidents listen to others