michael: in kentucky. -- brian: where did he go to school? michael: in kentucky. brian: what is the significance of him being have japanese and we are talking about the relationship to the united states with china. michael from his point of view, : especially from growing up, his mother, he got a sense of asian philosophy, very patient. a group of people willing to a generations. comparison the chinese have a very gut level reaction to the japanese , going back centuries. especially pre-world war ii. there is a sense among the chinese people of some of the things that were done when japan invaded china at that time that had not been forgotten. there is a sense over there that although he is have japanese, he has something against china and the chinese. he is going to take action that is going to be seen as anti-chinese. that is the way they felt. brian: you have a drawing of the map of that area over there. i want to put it on the screen and have you explain as much as you can what that is all about. this is an idea of what china considers to be this its territory

michael, ellen's son from her first marriage, was 17, a high school junior. >> how was michael towards mike? >> the older he got the harsher he got. >> his body would go numb. he would pass out. he was in severe pain. >> it was the summer of 2001 when mike went to see a doctor. >> the doctor came in and ed we believe that it's an onseting case of multiple sclerosis. >> there's no from to death. and mike was pu put on medication to slow the disease and ellen gave him the shots. >> it was my place. i was his wife. i was to take cake of him. >> as time went on, mike's work colleagues like chuck noticed a physically weaker mike. >> he was struggling to make it through the day. we weren't told what actually he had or what was going on but he was not coming in to work as often or every day. >> when he couldn't work at the level he expected of himself, mike went on disability. >> he was really starting to face it and try to understand how his life was going to be with ms. >> which only added more stress to his marriage. >> i'm sure my brother was going through incredible emotional turmoil abo

michael: a guided missile destroyer. brian: when were you on it? michael: 2014. brian: narratives on the screen. you have been on a lot of american ships. what is the quality like compared to american ships. michael: a very, very capable ship. this is very capable ship. their systems, provided they work as they are supposed to work, provided that crew operates in the way they are supposed to operate them, they would be a very lethal adversary. you go back a generation, there one-child designation. little boys were brought up as little things. everything was provided for. they were told to believe that they were the best. that was their sense of the world, if you will. chineseo right now, navy, becoming of a sirs, they have a sense of entitlement. that their time is now, they have the capability, training, though resources. their time is now. writing: i kept thinking reading your book that china owns one trillion dollars of our debt. seven hundred us billion dollars ear and trade. we don't send them anything close to that. so why would they want to mess with us? m

michael's numbers were off by $700,000. michael: it was a mistake. lemonis: but it's a mistake with my money. michael: i know that. it is never gonna happen again. lemonis: it was a hard lesson for all of us. but a few weeks ago, i saw the new facility, and i was blown away. i saw mr. green tea's new facility, and i was blown away. the building was almost unrecognizable. inside, we exposed the ceiling to reference the building's history, but the floors are polished concrete, which gives it a modern and sleek look. the walls, not my first choice. but this is mr. green tea, so it all makes sense. hey! how are you? lori: oh, my god. do you believe this? -lemonis: it looks fantastic. -lori: unbelievable. and the color is not -- it's not bad. lori: yeah, i love this. you guys need your... lemonis: how are you, buddy? -michael: what's going on? -lemonis: how you doing? -richard: how you doing? -lemonis: what's happening? -you look a little too relaxed. -richard: i know! lemonis: so, this is it? richard: so, this is it. what do you think? lemonis: it's inte

michael: a guided missile destroyer. >> when were you on it? michael: 2014. been on a lot of american ships, what is the quality like compared to american ships? michael: if there was a destroyer store -- a very capable ship. this is a very capable ship. systems -- provided they work as they're supposed to work. they would be either lethal adversary. -- you go back have generation, there was the idea of this one child designation. they were brought up as little kings, little emperors, everything was provided for them. they were told to believe that -- when they best, right now, the chinese navy -- to have a sense of entitlement that their time is now, that the training, they have the resources, their time is now. that chinahinking unofficially dollars of our debt. they also send a $700 billion a year in trade. why would they want to mess with us? michael: you go back in history and who would have thought world war i would have happened, extremely tight that part is going to war. economics to prevent a global escalation of that -- there are so many different t

margaret: michael, unless you have a very different -- michael: i like that one. margaret: who else? back here. >> as a government contractor, i emy security clearance very -- i take my security clearance very seriously. i was wondering if you could speculate on what may have been a week or so from now when some of these interim clearances are and how is pulled, our government going to function in the discord between kelly and what trump wants to do? margaret: michael, do you want handle? i michael: you are worried that the white house will see dysfunction in the white house. [laughter] >> into rum clearance and -- into rum clearance -- iterim clearance and probably opposed to what should be done in policy. michael: we're watching that closely because this puts the ball in trump's court so to speak. if we are serious about enforcing this policy kelly outlined that would restrict those who only have temporary clearances from access to the most sensitive stuff, that hits a lot of people in this white house. whether --stion is are they really going to do that? in our

michael flynn was allowed to resign. the president said so himself awkwardly standing next to benjamin netanyahu as today police announced that he could be indicted on charges. the president made that clear himself and it was made clear on one excruciating white house's press briefing right after flynn's departure. >> good afternoon. >> happy valentine's day, i can sense the love in the room. when the president heard the information presented by white house's council, he thought general flynn did not do anything wrong. >> back in january, the president said that nobody in his campaign had been in touch with the russians. today, can you still say definitively that nobody on the trump campaign and not even general flynn had any contact with the russians before the election. >> my understanding is what general flynn has now expressed during the transition period, we were very clear of the transition period, he did speak with the ambassador. >> i am talking about during the campaign. >> there is nothing that would conclude o

>> that michael wasn't dead. he was following me with his eyes. >> reporter: what else did you witness that made you think he might still be alive? >> he was, trying to hug me. he was breathing. >> reporter: she claims over several hours, the family repeatedly asked medical staff to check hip. dr. perry entered the room twice. the lawsuit says on first visits he did not perform a physical exam that could confirm life or death. what was his explanation? >> he said michael is 46 years old. he said that he has got a lot of life, to expel out of his body. >> reporter: a coroner came to remove the body a cording to his pretrial testimony he was startled by what he saw. and called out for nurses to get dr. perry. dead people don't move, he said, he needs to go in there and check his pulse. two hours and 40 minutes after michael had been pronounced dead. dr. perry examined him and found a pulse. he was alive. medical tests showed michael suffered a heart attack. he was transferred. and doctors performed a procedure to o

michael: great to be here. emily: coming up, we hear from the cofounders of the nonprofit on what they think the american dream is today and how education balance ofhe in the women in technology. this is bloomberg. ♪ emily: the price of bitcoin has stabilized in the last few days, but one analyst predicts to is heading much lower if the years of the dot-com bubble are any indication. already well off a record near $20,000 in december, the cryptocurrency could plunge a further 90% according to one commodity strategist who says if you compare bitcoin to the historical movements of amazon and the nasdaq during the dot-com bubble, it could fall to $900. twin brothers are investors and entrepreneurs and served as early advisors and investors at many startups, including facebook, airbnb, and uber. they are cofounders of the nonprofit education company code.org. we caught up with the brothers and talked about stem education and the current status of the american dream. >> the entire vision around code.org has been p

- oh, okay, but michael, come on. i'm sure the russian efforts are slightly more sophisticated than memes. - i mean, not really. here's a real one that facebook turned over to congress. now if an american had written that, it would've said "the cemetery." and cemetery would've been spelled wrong. - okay, michael, look, i get it. i get it. so what are you saying? americans should just ignore the whole thing? - hell no. we're gonna hit back hard. we're going full-on meme war. let me show you these dank memes coming out of the pentagon. you like that, russia? how about this? - michael kosta, everybody. we'll be right back. [traditional russian music] ♪ everyone has a thing. that binge watch over the weekend thing. more checking-in or checking out things. that triple-double thing doing it yourself or tagging a friend thing. more revolutions in the making thing. that play like a girl thing. that four-legged friends thing. at&t gives you more for your thing. more entertainment, internet, and unlimited plans. more for your

but to michael's point, let's take a step back. michael was absolutely correct. there are so many things that have happened just in one day that it's so easy to forget. but right now, you have a sitting president who has multiple investigations looking into whether or not his presidential campaign colluded with russia and we believe they're also looking into perhaps, was there obstruction of justice. that's number one. now you have a porn star, as you noted, sounds so glamorous and it's not, who received $130,000 from the lawyer of donald trump, who just decided to do it out of the goodness of his heart. and to add to that, you have a white house right now that is embroiled in unbelievable amount of controversy around defending somebody who's been alleged of domestic abuse. any other president, don, would not be able to survive one of those attacks. and for donald trump, he seemed to just move on. >> well, michael, you talked about the stories coming left and right. here's another story that we have. it's related to what mark just said about the conversation over

michael, brother. [applause]

with that, the one and only michael v. rios, come on up. [applause] i also want to say that michael, who has been having a little bit of difficulty talking, may have a little translation services from john. but he is putting an incredible wall mural up on the building south of market in supervisor kim's district. which is going to be an incredible addition to that area. the floor is yours. >> i want to thank the board of supervisors for this prestigious invitation to be in your chamber with all you beautiful people. i know you all care about people and work hard in city government and turn the wheels to make the city a more livable and beautiful place. i've always felt the same way in the work that i do, that art has the capability of enhancing the lives of us here in the city. please stand by. by thanking aaron peskin and t

- oh, okay, but michael, come on. i'm sure the russian efforts are slightly more sophisticated than memes. - i mean, not really. here's a real one that facebook turned over to congress. now if an american had written that, it would've said "the cemetery." and cemetery would've been spelled wrong. - okay, michael, look, i get it. i get it. so what are you saying? americans should just ignore the whole thing? - hell no. we're gonna hit back hard. we're going full-on meme war. let me show you these dank memes coming out of the pentagon. you like that, russia? how about this? - michael kosta, everybody. we'll be right back. [traditional russian music] ♪ ( ♪ ) ♪ one is the only number ♪ that you'll ever need ♪ staying ahead isn't about waiting for a chance. it's about the one bold choice you make, that moves you forward. ( ♪ ) the one and only cadillac escalade. come in now for this exceptional offer on the cadillac escalade. get this low-mileage lease on this 2018 cadillac escalade from around $879 per month.

, with him. >> michael, there's multiple problems. we gotta do what we gotta do. >> unlike many of the businesses i help, mr. green tea isn't facing a crisis. they generated over $2.5 million a year in revenue, and the emanueles make a very good living, but the business is static. >> i have such a hard time making this decision. >> the emanueles can't seem to agree on a plan for their future. michael has big ideas, but richard always plays it safe, and that creates tension. >> it's not 75. just get-- >> don't mince my words. i hate that. >> i believe that mr. green tea can be a $50-million company. they need to be bold, and they need to take chances. they haven't launched new flavors in over a decade, and they're still not well-situated in the retail market. the ice cream business generates well over $10 billion a year. i want a taste of it. >> hello. >> hi. >> hi. >> i'm marcus. >> hi, marcus, nice to meet you. i'm lori. >> nice to meet you. are you lori--are you mom? >> i'm mom. >> i wore green because i wanted to-- >> you're gonna

hi, michael, thanks for the book. you achieve what all of us were thinking about, which is we were a fly on the wall in the white house. you were that fly on the wall, so thank you for sharing. my question is on the average how many days a week were you able to get into the white house and procedurally how did you get in? >> procedurally turns out to be easy. you make an appointment -- whoever you make an appointment, your first appointment with puts you into the system, and you go in, and then you're basically there for the day. so you have to start out, you have to make a finish you have to go in with an appointment. i didn't go in, you know, i didn't have run of this, free run. i mean, once you -- you did as soon as you got in, but you had to make this appointment. so i would actually spend mondays my schedule was mondays i would make my appointments for the week. and then i live in new york, so then i would come down on either monday night or very early tuesday morning. i would check in to the hay adams which is r

let me jump in here i want to be fair i want to give michael the last word here michael you know maybe maybe the silver lining in all this is that maybe russia china and the united states can actually sit down and maybe start thinking about a new architecture for the use of these weapons may be going head michael. yeah i hope so peter i'm hopeful that we're actually at the worst of it now or maybe even coming out of it and i do agree with president trump's inherent instinct that u.s. russia relations should not be so bad and that we need a new approach unfortunately as you know we're still bogged down in the twenty six thousand election debate here so it's sort of impossible the united states right now to move beyond that at the moment but i am hopeful that we're going to be able to move out of that on the tactical on the issue of the low yield. nuclear weapon i think you're exactly right peter earlier when you said there really is no meaningful distinction we shouldn't think these weapons are somehow more usable again if i want to interpret for you what i believe the pentagon views as

and michael said, what the hell are you talking about? it's your guy that said i'm black and that it was a mistake to pick me. and then also said he should show a little more grace. >> wow. >> wow. okay. so we'll just leave -- that's a tease. good job, joe. you actually were able to bring it in for a landing here. >>> we'll start this morning with new polling. >> only because i'm a red neck. >> that puts president's approval rating at its lowest point yet. according to a poll from cnn, the president's job performance rating stands at 35%. that's down five points over the last month. and matches the lowest level of his presidency. 58% disapprove. the mare ris poll has similar numbers. a full 6 and 10 disapprove of the job the president is doing according to the new usa today suffolk poll. there's a staggering gap in the intensity of feeling. >> by the way, this is as you go into an off year election and keep those numbers up if you're driving in your car, this is what drives turn out in off year elections. and it's who's highly motivated.

mckee joined by michael and oliver chen. he has an outperform rating on tjx, has an $88 price target, but cannot talk about it until he publishes his research. anything stand up to you about the economic data? mike: nothing really. this is a tweet to the earlier report. less government spending come inventories were smaller. the declineed for in gdp. no change in the price. leaders. the real story comes tomorrow. this is backward looking stuff. a lot of it before the tax bill was passed. tomorrow we get personal spending and income data for january. , thenew pc information inflation monitor that that that follows. that will be much more interesting to the markets and what we are seeing today. today it was steady as she goes in the fourth quarter. consumer spending stays the same. oliver did his job. the state of consumer spending in the middle of retail season? unemployment is low, we have the prospect of which run. the consumer environment is healthy. macy's had better-than-expected numbers. the overall consumer environment

michael: thank you. fed,to the top story, the the last policy meeting under janet yellen, they kept interest rates on hold and pave the way for a march rate hike, no surprise. the market seen a march move a near certainty with that fund futures indicating a 99% chance of a hike because they say gains in employment, household spending, races fixed investment has been solid and upgraded the outlook or inflation. following the latest decision, heavy hitters weighed in. >> we are dealing with a fiscally unstable, long-term outlook, and which inflation will take hold and the breakout will be on the inflation upside. the only question is -- when? >> the challenge going forward, the federal reserve is tightening in two ways, easing up on monetary policy, tightening in two ways, that is one, the rate hikes, normalizing the process. also shrinking their balance sheet. that will get more complicated. >> the deficit is moving up to close than $1 trillion because itselfcally that the fed is reducing its balance shee

michael: for nominal. of the reason i believe that if you have to build in productivity acceleration into the forecast to look for sustained stronger growth and much higher yields from here. we are thinking 3.5% to 4% on the 10 year yield come i can see 4% without a return to old and there conditions is really no evidence productivity is picking up at this point. we had the strongest growth last year since 2014 and productivity was lousy, essentially zilch in q4. that looks like the new normal. tom: this is incredibly port rda says here. this is the italian nominal gdp per capita and this is the failure of the italian experience going back 12 years or so. carl weinberg, that is the malaise everybody wants to avoid, including the united states. as we get a -- if we get a darda -- 5% animal growth process plus inflation, that doesn't get it done for the president or america, does it? carl: we have italy up on the screen and i think italy is an important subject, but italy is expending a lot of things we are

solid as they come ♪ me and michael it's not a question now ♪ it's me and michael solid as they come ♪ me and michael it's not a question now ♪ me and michael whoa, oh oh oh ♪ ♪ ♪ whoa, oh oh oh ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ binary star sink ♪ like the setting sun too happy with ourselves ♪ to notice when the change had come ♪ so you think the losing side ♪ would never break dividing lines ♪ when sanctity wasn't a thing of doubt ♪ me and michael solid as they come ♪ me and michael it's not a question now ♪ it's me and michael solid as they come ♪ me and michael it's not a question now ♪ me and michael ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ whoa, oh oh oh ( cheers and applause ) >> stephen: yeah! yeah! mgmt, everybody! we'll be right back! ( cheers and applause ) i am extremely proud of jackie, gaby and stephanie. we worked with pg&e to save energy because we wanted to help the school. they would put these signs on the door to let the teacher know you didn't cut off the light. the teachers, they would call us the energy patr

here i want to be fair i want to give michael the last word here michael maybe maybe the silver lining in all this is that maybe russia china and the united states can actually sit down and maybe start thinking about a new architecture for the use of these weapons may be going head michael. yeah i hope so peter i'm hopeful that we're actually at the worst of it now or maybe even coming out of it and i do agree with president trump's inherent instinct that u.s. russia relations should not be so bad and that we need a new approach unfortunately as you know we're still bogged down in the two thousand and sixteen election debate here so it's sort of impossible the united states right now to move beyond that at the moment but i am hopeful that we're going to be able to move out of that on the tactical on the issue of the low yield nuclear weapon i think you are exactly right peter earlier when you said there really is no meaningful distinction we shouldn't think these weapons are somehow more usable again if i want to interpret for you what i believe the pentagon views as the reason for doi

across talking the nuclear posture review i'm joined by my guest michael o'hanlon in washington he's a senior fellow at the brookings institution also in washington we have kevin camps he is a radioactive waste specialist at beyond nucular and in london we crossed to add real because he is a foreign affairs consultant and analyst all right gentlemen crosstalk rules in effect that means you can jump in anytime you want i always appreciate kevin let me go to you first in washington you know i read the report quite thoroughly i was quite stunned as i said in the in the introduction i'll reach of my three takeaways here the report exaggerates exaggerates perceived threats to the u.s. number two it fuses conventional and nuclear war and pushes for the development of low yield nucular weapons i mean that's quite stunning if you look at the history of arms control and by the way it's going to cost about one point three trillion dollars what were your takeaways from the report kevin in washington. well i think your title for the show is very apt i mean dan ellsberg in his new book the doomsd

hang on here michael you know it's madness is madness bluffing is just a bluff then. is this whole document a bluff to scare people it's partly it was that no but it's partly psychological it is partly to point out to russia that if they're going to be threatening with exercises with buzzing aircraft with doctrines or concepts on who to dion who has border and recently who was on the order michael america's border on that on the eastern seaboard of california is out there is not the border you're talking about you know my views on ok really i mean you know my views on nato expansion i think it's gone far enough i agree with your concern that we need a new security architecture for eastern europe i hear your point on that issue but nonetheless it's russia that's buzzing nato airplanes that's attack it whether it's nato arab league perceives it and that's what i was saying russia's borders you know if the russian planes had that on the same base as a regular basis over new york what do you think the response would be outrage ok we've already had that kevin let me go to

also with us is michael harman -- michael thumann. he says turkey is hoping for transitional deals but value stand in the way of closer relations with germany. and a warm welcome to ulrike herrmann. and she argues that president erdogan wants to make sure he is not fighting on too many friends. ts.too many fron you are a friend of deniz yucel. his person became so important to so many in germany. he was one of the most ambitious and reliable journalists in turkey as a foreign journalist. his stories always made the government so angry. created a case a to put him in prison. as a person who has two different passports he became a symbol. taken by theage turkish government against germany. lawunrest had no links with and even his release has no relation to law. it was like a negotiation between the countries. and something happened behind the curtains and he is now free. peter: let us hear what he himself had to say. : the funny thing is i still do not know why i was arrested a a year ago. why i was precise, taken hostage a year ago. i

michael, there you are. okay. stand up. michael's here. thank you for being here. he works on the manufacturing line, he services a major contract. eight years ago, i don't want to get personal here, but eight years ago he would never have expected to be in that high level advanced manufacturing position. he did not have a college degree. he was working in the plant as a janitor, right? but michael was a great employee, smart guy, who took the work he did to heart no matter what it was, and he wanted to do more than just collect a paycheck. he wanted to build a career making things right here in pennsylvania. so thanks to a work force training program through the department of community and economic development, he was able to get additional training at montgomery county community college and with his new skills, he was able to move up to the assembly floor. then he got promoted again to the machine shop. here's a guy who had no formal experience in machine shop work until he got this additional training. now he's head of the entire machine shop at lcr. he's a role

michael night action figure. yes, that michael night played by david hasselhoff in night rider. first name justin, last tim. >> reporter: for him it started in a flee market. >> i was like great, i collect action figures and toys. i grab one. there's another two on top of a pile. i walk out with eight. it kept on growing. now i have 88 michael nights. >> reporter: which he takes everywhere. at meals, inside the hockey arena. and celebrating the gold medal victory for team usa women's hockey. >> bobsledding. i got a picture in rio with al michaels. i'm pretty sure he'll remember that the rest of his life. it's interesting to take pictures of him than me when guy places. i'm not married for some reason, so i think this is a great thing to do. >> reporter: he says this isn't an infatuation with david hasselhoff. he has no actisays it's all abo rider. michael night, in particular. life at the olympics isn't complete without him. >> never enough. i will always collect michael nights until i die. >> reporter: when we say he gets around, we weren't kidding. look at the pictures. he too

i sat shoulder to shoulder with my 22-year-old neff i few michael -- nephew michael. jet black hair, large are, dark eyes and a dazzling kind of smile. michael and i listened to federal prosecutors lay out their case against his father and my brother. earlier that morning, governor mario cuomo had called me at home. after three years of working nearly round the clock with cuomo at the governor's -- at the 2 world trade center office in new york, even sleeping over during snowstorms, i was now his man at the long island power authority laboring long hours to shut down the shorm nuclear power plant for health and safety reasons. you do good work, steve, the governor said. you have great ability and a great future. it's a pleasure working with you. well, you have a pretty good future yourself, governor, i said. oh, no, i have no future, steve, cuomo joked. but you, he said in a serious almost fatherly tone, you have a wonderful future. ninety minutes later, that bright future collided with my brother's present. i was sitting in a federal courtroom hearing government pros

well, jennifer and michael's marriage started to unravel because michael had considered taking this job. and jennifer knew that this was a kill for hire. and she didn't want to have any part of it. keith morrison: and thus, didn't want to be married to a guy who was going to do such a thing. exactly, yeah. keith morrison: but remember, awful though it sounded, this was an ex-wife's story. and all due respect to jennifer, maybe she just had a vendetta against him. because after all, he was the ex. didn't she want him back desperately? he wouldn't come back. yeah, she still had feelings for him. keith morrison: so maybe she wanted to get him. no, jennifer was very, very well-spoken, very articulate, very believable. she was a type of woman that you'd want to take home to your mom and dad. she was just very sweet. keith morrison: of course, for dan luvera and his team of investigators, this was all pure gold. or so you'd assume, wouldn't you? coming up, turns out there was a very different side to this story. he wanted to provide a little twist and surprise. john henry browne: yeah. and bo

michael, brother. [applause] >> it's an honor to have you in the chamber, congratulations again and thank you for making san francisco a beautiful place for everyone to enjoy. thank you. well, colleagues, that concludes our commendations for the day. thank you to all the honorees and the people who join them in recognizing some amazing folks who not only take care of san francisco, but make san francisco a more beautiful place. looking forward to next week commendations where we will i'm sure have some more amazing people. thank you all so much for being here today. all right. with that, madam clerk, we'll go to our first 3:00 p.m. special order. please read the item. >> items 24-27, comprise the public hearing of persons interested in the determination of exemption from environmental review, under the california environmental quality act or approved on november 30th, proposed project at 1526 wallace avenue to process and sell small lifestock in a pdr-two processing distribution and zoning repair distr

michael: touche. [laughter] having said that, follow profits. whether we have another or do we aree another dip, seeing top lines and bottom lines accelerate. it is a worldwide phenomenon. many say it is late cycle. we understand there are fears. more midcycle interest rates waking up for the first time. there are several years left. follow profits. stocks almost always do. that is what we continue to be focused on. nejra: is there any risk to profits if we see borrowing costs, the 10 year yield -- let's talk about the benchmark -- moved significantly higher from here? michael: corporations use the low interest rate period to lock in their debt very long. they are as long as we have seen them in decades, in terms of locking in borrowed costs. the individual, very wisely, did the same thing. the individual's floating rate exposure i just about mortgage is at a 20 year low. yes, higher rates will slow things down at some point. we think that point is once you are beyond 3.5 on the 10 year. sort of clear sailing for now. we hope it is a slower proc

michael: liquidity is key. julie hyman was referring to structured products, and they are starting to make a mess in the market. ,hen they start acting crazy the market completely disappears. no liquidity whatsoever. you have the stock exchange trading upper rhythmic trading, machines are at work. you mentioned a scenario in your rates going down, not up. and interest rates for stronger yesterday. -- for stronger yesterday. this is machine driven. is the tech bubble done with? the short volatility notes julie hyman was just talking about was a major factor in machine machinations of yesterday. we have so much of that in the markets today. there is no liquidity, as you said before. i believe this creates opportunities. know there are smart people making money this afternoon. they identified the same things i am talking about. if the economy and inflation and all of the things continue where they are, people will be making money when these things happen. there was a sharp decline when i will over. -- whene has al

for doing the work what do you tell people that you do michael and people like michael what do you do what do you tell them. i would have you know i have a great privilege of working in a company and i'm one of the co-founders of the agency that's the creative agency doing social impact campaigns it's all workers on cooperative about giving the company away to the workers of the course of eight years and i have the great pleasure of creating campaigns and working with incredible you know people around this country around the world to try to deliver compassion and try to uplift authenticity and create. so you mentioned you tweet a lot i'm going to dip right into there and one of the things you've tweeted about not too long ago this is just embrace and this is a troubling story for many people in our community and those watching warning a graphic he tweeted this is a murder and what you're referring to is this incident this is from the new york times this headline video shows daniel shaver who was a white man pleading for his life before being shot by officer this happened in two thousa

michael: i will tell you what, the divorce has been far better. the gaps between the market and the dots is really small this year. it's going to be interesting today, you know, given in general how hawkish the fed commentary has been. the minutes have helped that along. it will be interesting to see how the dollar reacts. we have gotten used to this idea that said rate hikes would not support the dollar going forward. maybe it was the current set of dots. the market is almost there. unless they move the dots higher, you wonder whether the dollar can benefit from fed speak. manus: hold that thought. of course, it is day for bank of of the -- day four dollar advance. whether that is the beginning of something was much more structure. breaking news. this is on cbc. they are offering 19 euros a share. breaking news. foroffers 19 euros a share gas national. keep on those. you have them dropping by 24%. in terms of cbc, you are seeing four gas natural stakes. we will get more of that to you. it drops by 14%. we will bring you more on those two stories

president in september michael skolnik c.e.o. and co-founder of the says agency joins us now from new york and joining their questions about the meaning of the last us is a doctor a recipient and communications director for the end of on campus organization. and jimmy adams is a digital organizer michael for some of our international audience who might not be that familiar with if you will you know what that's a story i would love for you to tell you a youngster it involves hailing a taxi in new york pick up the story from there it kind of shows how you grew up what motivates you in this world can you tell the taxi story. yeah well i'm looking at those tweets like. the greatest hits of of. how much of her anger and frustration would not trump. thank you for the idea now that you look at seventy one of those moments when i was a teenager and living in the york growing up i had a moment of awakening if you will was with a friend of mine who was an older teen ager late one night after a party coming out of central park and this is i

michael and gordon had a problem. they couldn't attack the damaging testimony of kevin freeman, the man they believed murdered ray liuzza. >> freeman was shot dead in 1995 while committing a robbery. >> with freeman dead, his previous testimony stood as evidence that thompson had committed the liuzza murder. >> we had all this evidence that freeman had lied in his original testimony and we wouldn't be able to use that evidence effectively if we couldn't cross examine him live on the stand. >> michael and gordon proposed an unorthodox solution. after freeman's testimony was read into the record they would cross examine the empty witness chair as if freeman was on the stand. >> we took the evidence of the lies and put them in the form of questions. >> you told the jury you didn't know that john thompson was going to rob someone. isn't it true, however, that you set out to rob someone? silence hung in the air after each question was posed, giving the jury time to imagine freeman's response. you suggested in your testimon

michael, this gets confusing for some who are not read in. give me context so i understand the reference to you in that memo. >> well, i've got to say, i was as surprised as anybody that i was cited in the memo, and apparently having -- was cited before the fisa court. but the story that i wrote in september 2016 was the first story to reveal that there was u.s. intelligence investigation of somebody associated with the trump campaign. and that was carter page. christopher steele, the author of the dossier, has acknowledged in a british court filing that he came to the -- to washington in september of that year, and briefed multiple journalists, including one from yahoo! news. that's me. so i am free to talk about that, and say, yes, in fact, he did. i heard -- i met him and heard about the work he was doing, and the concerns he had that he had picked up about carter page's contacts in moscow during that trip in july. i then went about checking out christopher steele, talked to people who had worked with him, talked to others about carter pag

michael: thank you so much. some volatility products did not provide the credit with them of the selloff we saw in recent weeks -- cataclysm of the selloff we saw in recent weeks. we will discuss. this is bloomberg. ♪ julia: "what'd you miss?" volatility products are getting less risky. proshares trust announced it would reduce leverage on two of his etf's which track short-term vix volatility futures and the inverse. let's just digest that. changes became effective entities" requirement dilatory approval for permanence. wow. i am so glad to say we are joined by rachel, bloomberg's etf reporter, because somehow, you make what is desperately confusing make some kind of sense. having less leverage does make sense to me, though. is that what is ultimately going on here? >> yes. these funds are taking stock after the big blowup we saw in the beginning of february. at the time, we had the collapse of an exchange traded note that a lot of people were invested lost lots ofill -- money. they will make changes so they

>> that michael wasn't dead. he was following me with his eyes. >> reporter: what tells you witness that made you think he might still be alive? >> he was, you know, trying to hug me. i mean, he was breathing. >> reporter: she claims that raer the next several hours, the family repeatedly asked medical ckaff to check him. while dr. perry entered the room twice, the lawsuit says on those first visits, he did not perform a physical exam that could denfirm life or death. what was his explanation for why michael was still moving? >> he said that michael is only 46 years old. he said that he's got a lot of life to-- to expel out of his body. >> reporter: a coroner came to ammove the body. according to his pretrial testimony he was startled by what he saw and called out for nurses to get dr. perry. eaop don't move," he said. one needs to go in there and check his pulse." two hours after he was he was pronounced dead, dr perry found a pulse. he was alive. medical tests showed michael had suffered ray heart attack. he wa