man, look at jamie with that mask on. i was in a club, all the brothers, come on, man, you ain't going to catch it. all right, took it off. >> jimmy: really? in a club? >> man, it wasn't a club, it was a restaurant for -- um -- for covid education -- >> jimmy: you realize you're under oath. oh, it was for covid -- >> for covid education. [ laughter ] >> jimmy: i see. >> to be aware of what we should not do, showing examples of what we should not do. we should not be popping this champagne. we should not be dancing this close. one of my homies, he texted me from a gentleman's club. he facetimed me from a gentleman's club. i frowned upon that. [ laughter ] >> jimmy: i bet. >> they didn't close. the girls in there, still dancing. >> jimmy: are they really? >> yeah. >> jimmy: that's still going on? >> yeah. >> jimmy: oh, no. >> yeah. too much, right? [ laughter ] >> jimmy: what i want to ask you about -- >> who's next? no, i'm just kidding. that's too much too. too much. >> jimmy: dominique fishback was here a couple of weeks

i don't think jamie's ever been wrong, i do agree a lot with jamie, i think he's a terrific guy and dear friends i think he made a lot of strong comments in that letter, i think it was 62 pages, whatever it was. you know, it's really hard to make the prediction of what's going to happen for the next two years. it's kind of hard to predict what's going to happen next week but again, i think when there's money falling out of helicopters from the government like he pointed out with the stimulus and other things it's kind of hard to say he's going to be wrong. i think some of the other conversation where i kind of disagree with jamie and i shouldn't, it's his business, is the shadow banking and fin tech taking over traditional banking space. i think when you look at shadow banking and lending of that nature, it's really easy to get into somebody else's business when the markets are going straight up and there's calm waters but what about when it gets rocky and goes the other way, will those people still be there to replace the traditional banks they do in business today. i think fin tech hel

jamie dimon singh credit reserves its $26 billion are appropriate -- jamie dimon says credit reserves at $26 billion are appropriate. tom: a simple return on equity at 23%. the first numbers i'm looking at. we look at different ideas like the capital ratio at 13%. industry-leading numbers. you see it with a lift in futures as well. the scope and scale of selected numbers as i dive into it. how about assets under management. up 28%. i'm not even sure how to digest that number. jonathan: the stock down for tenths of 1%. jamie dimon same consumer spending returns to pre-pandemic levels. that's quite a headline from the ceo of jp morgan. consumer spending has returned to pre-pandemic levels. lisa: it talks about the v-shaped we've gotten and beyond that given how much people -- money people have in savings accounts. how much this is priced in, i think that will be the key question. indicating, smashing expectations and yet shares are lower in pre-trading. >> it's going to be about the outlook. as you indicated, the cause there will be a lot of questions. going forward from here, does grow

jamie, you are exnerienced — exciting as well. jamie, you are experienced in _ exciting as well. jamie, you are experienced in your _ exciting as well. jamie, you are experienced in your career - exciting as well. jamie, you are experienced in your career and | exciting as well. jamie, you are l experienced in your career and so much ahead of you to achieve in your career, where do you think this ranks with your vast achievements already? i ranks with your vast achievements alread ? ~ , , ., , already? i think this is for sure the highest — already? i think this is for sure the highest level. _ already? i think this is for sure the highest level. again, - already? i think this is for sure j the highest level. again, some already? i think this is for sure i the highest level. again, some of the highest level. again, some of the biggest names in the sport. yeah, i think for a trip level. —— for sure this is the highest level. this can be a great challenge for me. ., this can be a great challenge for me, ., ., this can be a great challenge for me. ., ., , ., , this can be a gr

'cause we are. >>> jamie dimon is bullish on the economy. an economic boom could last well into 2023. writing in his words, this boom could easily run into 2023 because all the spending could extend well into 2023. and while equity valuations are quite high by almost all measures except interest rates, historically a multiboom economy could fight the current price. joining us now to talk markets and dimon's comments is jim paulsen for the loop hold group. earlier in the show i gave some strong kudos to teper who a month ago said it was going to be a strong rally as interest rates would stabilize for a while. i have to go back five, six, eight months longer for you who have bounding the table. this is a call going back even a year of you've been really, really bullish and really, really right. that's last thing i'm going to say to you >> true though you even said this year it will end higher this the become obvious once we run into the reopening now you're saying that we could add maybe get to 4400 before any pullback if we get that high, the

jamie in arizona. >> caller: hey, jim, how about a big sunshine and cactus boo-yah to ya? >> boo-yah that way, what's up >> caller: my 8-year-old son cj and i love investing together and watching your show and busting balls at top golf. what do you think about callaway >> i like it you know what has lasting power? this whether the driving range or golf course, people discovered golf and never going back. i really like that stock, i mean, really let's go to doug in ohio, doug >> caller: hey, how are you doing? i appreciate your time and appreciate your show. >> my pleasure. >> caller: my question is about juniper networks. >> the products are better than they were. they are up against a lot of good companies and if you want to know which i like and not as much related as it used to be, it will be cisco wide because chuck is doing a great job let's go to piyush in washington. >> caller: thank you for everything you do for us it's sincerely appreciated. >> you're welcome. >> caller: my question is about kroger i'm up 25% in the stock over the last three months. coupled with t

let's look at jamie dimon on zoom. most professionals learn their job through an apprenticeship model, which is almost impossible to replicate in the zoom world. over time that could dramatically undermine character and culture. remote work virtually eliminates spontaneous learning and creativity because you don't run into jim at the coffee machine. there it is, old-school. do you think we return to our offices of old? jim: sort of. i will push back on that quote a little bit. yes, it is -- human interaction, human contact is important, but not i think in the form jamie dimon is suggesting. 10 hours a day in an office sitting in a little room by yourself working at a computer in a service sector job. i think we will have to rethink what the office is and why we go to the office. we have just shown as an economy we can produce the economy just fine working remotely. i agree we need more human contact. i want nothing more than to go to wrigley field game again, but i recognize maybe i don't need to go to one of those gig

former "in living color" stars jamie foxx and david alan grier jamie foxx and david alan grier tell us what it is like working mom needs help but, she doesn't want to move. we're mostly concerned about her safety. she's already had a couple of falls. we had this joke, 'oh, that's a senior moment, right? but it wasn't. i'm driving her to the doctor, physical therapy... making sure that she's eating and staying hydrated. home care with an entire support team. mom could stay in her house, as long as she wants. that would be the perfect solution. she could live independently, and do her own thing. but with support, and transportation. i can focus more on my family too and be secure in knowing that she's happily looked after. he could keep doing his vegetable garden, and get really good, specialized care. and i could just be her daughter again. today's ways of working may work differently tomorrow. but you can work out anything with comcast business. get fast internet on the network that can deliver gig speeds to the most businesses. flexible tools — like wi-fi you control. voice solution

this seems to be the tension between jamie dimon's a letter. he talks about the possibly lasting to the end of 2023. but also talking about pockets of -- pockets he did not specify. how high is the pressure to push further into risk to get returns at a time of economic dynamism. robert: not as high as you would think. they are proud of coming out of what we went through in one piece. i don't think they want to spoil that. i don't think standards will change. the key here is if we have an infrastructure package, that plus the last bill, we have enough in the economy to drive a huge capital expenditure cycle. everything so far has been on the consumer side and stimulus has been aimed at that. now we are shifting into the commercial side. that has great power. that could make 2023 a better year than 2022. most people look that far -- don't look that far and see that yet. it's right up his alley in terms of fiscal spending. it could driver economy into the 8% or 9% range. all understood and accepted. >> can you talk about where rates would have to

i said sir i am jamie harrison and i'm canvases on behalfe of the democrats. and he said okay, but what you want? i said sir this is the most consequential election he cut me off or he said son, limitation of the. he said you see that road you drove up on? i said yes, sir. he said what kindin of road is that? i said it is a dirt road sir. he said son, that was a dirt road when ronald reagan was president pregnant both bushes wereenro president. it was a dirt road and bill clinton and barack obama were president. son it is still a god damn dirt road. until either a democrat or republican paves my route i do no one have to deal to any of you. and he shut his door. as i walked away i thought to myself, the most important thing to this man was his dirt road. for someone else in town that might be internet access or someone across the country it might be better schools.y so many people face hardships and republicans talk and that's all they do is talk bright and they never deliver. from the moment president bite and i discuss the future of dnc have been a broken re

jamie, thank you very much. former speaker of the house john bainer retired from public office nearly six years ago. but in his new book, on the house, a washington memoir, bainer takes his party to task. it trace i his rise in early life to one of the powerful figures in government. he takes aim at his republican former colleagues as you can hear in the excerpts from the audio book. >> i don't think ronald reagan would recognize the republican party today. and he sure as hell couldn't get elected in it. as a matter of fact, reagan would be the most left-wing candidate in the gop these days by a mile. i was living in crazy town now. and when i took the speaker's gavel on 2011, two years into the obama presidency, i became its mayor. crazy john was populated by jack ass and media hounds and normal citizens as baffled as i was about how we got trapped inside the city walls. under the new rules of crazy town, i may have been speaker, but i didn't hold all the power. by 2013 the chaos caucus in the house had built u

jamie yuccas, thank you. outside the courthouse much of minneapolis is unrecognizable tonight with fences plywood and a strong security presence. more with cbs' jeff pegues. >> reporter: tonight, minneapolis is preparing for the worst, some 3,000 national guard are deployed across downtown and throughout the city. two guard members were slightly injured early sunday morning when somebody fired into their humvee. minnesota's governor and the minneapolis mayor called for calm and said violence will not be tolerated. >> we cannot allow civil unrest to descend into chaos, we must protect life and property. >> reporter: all these precautions are intended to head off the kind of riots that destroyed $350 million in property last summer when george floyd was killed. similar steps are underway across the country. stepped up patrols and new barriers in beverly hills. in philadelphia boards are covering windows. but minneapolis is the likely epicenter for any protest. local law enforcement says it is ready. >> the numb

>> i think jamie dimon's a savvy investor. like many of us back in 2017, we did see a blow-up there, but as john maynard keynes says, when the information changes, we change our mind, and i think jamie's evolved his thinking around that. bitcoin is here to stay. i still think it's early days, and it's wonderful that the retail investor has gotten in years before big wall street's come in saying, hey, this is real, we want a piece of it as well. charles: i've got 30 seconds. you do a lot of estate stuff. are some of the larger investors also buying it? >> they're starting to. and i think if when you finally see an etf come out, i think when you get that, it's going to reduce a lot of the friction in there. yep. charles: all right. well, you were ahead of the curve as well. thank you very much. i'm out of time. ash hi webster's in for liz liz claman so, ashley, over to you. ashley: thank you very much, charles payne. looking forward to that coinbase debut next week on the nasdaq. thank you very much, charles. breaking news for o

when did you meet jamie? how long ago, was it before "in living color"? >> it was while he was on "in living color." you know, back then we would do four rooms a night, five. it's when you go and do spots, try out your stand-up and stuff. the first time i saw jamie was at a club called the town house out near the airport, which you know that's a good comedy. it's near the airport. so he was there, and that was the first time i noticed him, as a comedian, i didn't think he would ever work with me, but, you know. that was the first time. that was the first time. and jamie told me that he heard that i was richard pryor's son, but that i had changed my name because i wanted to make it on my own. >> jimmy: really? >> yeah. >> jimmy: did you -- you never heard that story before? >> no. i only heard it from him. >> jimmy: from him? >> i was wow, no, that's not true. >> jimmy: if you were richard pryor's son, would you have kept richard's last name? >> oh, yeah, 100%. i tried to change my name to david kimmel. >> jimmy: you did? i wasn't aware of that. >> well, y

begins with former federal prosecutor jami hajj and david henderson. thanks to both of you for joining me. >> thanks for having us. >> thank you. >> i want to -- thank you. i want to begin with david. we're at this key point. the reason we have special live coverage tonight is we are on the eve of the closing arguments and then the deliberation. many different moments have occurred. we asked each of you for your key moment. and david, let's play yours about the sort of the paramedic discussing the whole situation and the chance at life. take a look. >> were you actually working on him the whole time? >> yes, he remained in his, quote/unquote dead state and we continued on cardiac arrest and i was trying to give him a second chance at life. >> second chance at life. david, why was that moment important to you? >> ari, it's important to me for two reasons. it's important in the context of the case, but it's also important for personal reasons. in the context of the case, it puts exactly what chauvin's intent was. it dovetails very nicely with the 9-year-

daddy's been shot. >> by the time jamie arrived, alyssa was being grilled by detectives. had questions, lots of them. so many things about the murder didn't make sense. >> why didn't they take you out, you were right there? >> that's what i thought. >> and another thing, you don't see anything? >> i don't know. honestly don't know. >> maybe the man ben warned her about, a rough customer, once dated dawn and threatened to kill both dawn and any man she had been with. was the story true? they went to dawn's house, and woke her up, sleepy but unharmed. man in question was hundreds of miles away when the murder happened. again the questions for for melissa. >> sometimes people know more than they want to tell or share. >> but i'm telling you, i honestly don't know. >> alyssa was 6 by this time. only person who remembered seeing anything unusual and she told the detective right away. >> i woke up, heard this creek, saw somebody walking in. and then i just went back and -- >> do you know who they were? >> i don't know who it was. >> she saw a shadow in her doorway looking at he

jamie@strangeinheritance.com. and just face it, you can't take it with you. ♪♪ >> the king of escape artists. >> houdini could get out of anything. he could go on the streets and hang upside down, escape from straitjackets. >> the last russian czar. >> houdini did perform before royalty in moscow. >> how do you know that? >> he records it. >> a private performance. an imperial gift. >> how convinced are you that this brooch originally was from nicholas ii. >> so, is this the crown jewel of magic? >> i told them that it was worth a million dollars. >> or did she inherit a myth? >> ♪ come and wander through make-believe land with me ♪ [ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] ♪♪ >> i'm jamie colby in santa barbara, california. i just had to come out when i heard the cast of characters in this story -- harry houdini, czar nicholas ii, and a family of magicians with a jewel of a strange inheritance. >> my name is arlene larsen. when my mother-in-law passed away, she left me a crown-s

all right, jamie yuccas, thank you. let's bring in cbs news legal analyst rikki klieman, whowaishh us. and, rikki, what do you make of how quickly the jury found derek chauvin guilty on all three counts? >> use-of-force cases usually involve a matter of seconds, split-second decisions and determinations. this case was different. the jury could look with their own eyes and listen when they saw that videotape. this was nine minutes and 29 seconds of excessive use of force, and over three minutes after george floyd was after george floyd was non- responsive and lost his ability to live. so i am not surprised that the verdict was thuihi in most other cases. >> o'donnell: the evidence in some ways overwhelming what can we expect from that? >> reporter: the sentencing will be in approximately eight weeks, as you've pointed out, norah, there is a maximum on the top count of 40 years. the sentences would run concurrently because they are all part of one act. what will happen here is that the judge will consider mitigating facto

it appears jamie dimon ceo jp morgan might agree with that. in this scenario, it is hard to justify the price of u.s. debt because the huge supply that needs to be absorbed in the possibility of inflation won't be temporary. but it's also possibly a goldilocks moment. interest rates rise, but not too much. joining us is subadra rajappa, head of u.s. rates strategy. on the other hand, mike no regrets is sorting it. subadra: i'm going to have to lean towards jamie dimon on this one. possibly perhaps it makes sense on the short-term, because you have seen a decent selloff. over the longer run, if you look at the data coming, it has been very strong. if you are expecting growth around 6.5% to 7%, expecting unemployment at 4.5%, the economic productions the fed has put out -- projections the fed has put out, the market is going to continue to challenge the fed validity to keep interest rates at zero. you're going to see this appear. over the near term, if we could see consolidation, the -- probably moved too soon. over the longer run, the market co

jamie foxx wouldn't tolerate it. he doesn't tolerate any nonsense at all. >> oh, i don't know about that! >> jimmy: so corin, your character is based on jamie foxx's daughter koryn who came up with the idea for the show. and you play a tv version of her. she has spoken quite well about how much jamie embarrasses her. does he embarrass you as well? or is it just a father/daughter thing? >> oh, yes, yes. >> jimmy: he does embarrass you? >> yes, he does. he thinks that he's real hip with the gen-z, the generation. >> jimmy: yes. >> and i'm trying to help him. the whip and nae nae is so five years ago. let's keep that in the past. >> jimmy: so you're saying he is not hip? because i think of him as hip. >> oh. >> jimmy: so that puts me way in the back. >> oh. i got you, i got you. i got you. >> jimmy: so you teach him about what's up and what's going on? >> oh, yeah. i introduced him to lil baby, megan thee stallion. >> jimmy: i know who those people are. >> then you got a level up on him. >> jimmy: lil baby is a baby, ri

i'm jamie colby for "strange inheritance." thanks so much watching. and remember -- you can't take it with you. ♪♪ ♪♪ >> it's the circus, downsized. [ crowd cheering ] >> he's got the big top, the sideshow, the menagerie. >> and you can almost smell the popcorn and sawdust. >> made by a master whittler. >> he never used a jigsaw. he never used a lathe. it was always a pocketknife. >> boy, this knife has some mileage on it. >> but it comes with a jumbo-sized burden. >> he would usually cry and he'd say, "barbara, i don't know what to do."i didn't know what to do either. >> and now the big reveal. >> are you ready? okay, here we go. >> wow. ♪♪ [ bird squawks ] >> i'm jamie colby, on my way to see a family who wrote in about their strange inheritance. we're meeting in baraboo, wisconsin, which, not coincidentally, was once the winter headquarters of the famed ringling bros. circus. >> my name's barbara dickey. my father-in-law loved the circus, and he left me something that's had me jumping through hoops. >> barbara. i'm jamie. >> hi. it's so

cbs jamie yuccas asked herorr: e decided any er d? >> i felt he was guilty. >> reporter: why did you think he was guilty? >> i just felt like the prosecution made a really good, strong argument. >> martin tobin. >> dr. tobin was the one that really did it for me. he explained everything, i understood it, down to the moment where he said "this is the moment he lost his life." that got to me. >> that's the moment the life goes out of his body. >> and i felt like all the doctors pr doctors pretty much supported each other. >> reporter: what about the defense's medical expert who then brought in carbon monoxide poisoning as a potential cause of death? >> i thought that was a little farfetched. at that point, i feel like they were just trying to throw everything out there and see whatever stuck to the wall. >> reporter: so it wasn't convincing to you. >> not at all. >> reporter: oh my gosh! you filled these. lisa christensen took copious notes, two notepads full. >> we were just trying to make sure that we got the facts. becauto keek .trac

>> yes, absolutely. >> o'donnell: and jamie yuccas joins us now. and so jamie, did lisa say what the jurors would talk about during court breaks? >> reporter: it's really interesting. lisa wanted us to know that even though she was not in the deliberation room, that the jury took this case very, very seriously. they never discussed the case on break-- they're not supposed to- - but only would talk about mundane things like the weather and what was coming up for lunch, norah. > o'donnell: all right, jamie yuccas, thank you. well, the twin cities have experienced a full range of emotions in a week that saw derek chauvin convicted of murdering george floyd, and today, the funeral of te ht, lled by an officer's cbs's jeff pegues reports from minneapolis. >> he was so happy and so proud, wait to make his son proud. >> reporter: daunte wright's mother called him a "ray of light." >> when he walked in the room, he lit up the room. he's going to be so missed. ♪ freedom over me ♪ >> reporter: hundreds of people packed shiloh temple international ministr

jamie yuccas, thank you. outside the courthouse. much of minneapolis is minneapolis is unrecognizable tonight with fences plywooded and a strong security presence. more with cbs' jeff pegues. >> reporter: tonight, minneapolis is preparing for the worst, some 3,000 national guard are deployed across downtown and throughout the city. two guard members were slightly injured earely sunday morning when somebody fired into their humvee. minnesota's governor and the minneapolis mayor called for calm and said violence will not be tolerated. >> we cannot allow civil unrest to descend into chaos. we must protect life and property. >> reporter: all these precautions >> reporter: all these precautions are intended to head off the kind of riots that destroyed $350 million in property last summer when george floyd was killed. similar steps are underway across the country. stepped up patrols and new barriers in beverly hills. w.philadelphia boards are but minneapolis is the likely epicenter for any protest.y pro local law enforcement says it is re

from jamie dimon, he talks about loan growth being challenged. for the year ahead, what does that mean? does banks have that in common. i imagine the whole sector. -- those banks have that uncommon. i imagine the whole sector does. we face a boom economy in america. tom: in the real yield at -0.70%. forget how odd it is to work in the millieu of a negative inflation yield. jonathan: these banks had a lovely right off the back of hide yields and steeper curves. i wonder what that means for the market. i want to touch on this. execution. but goldman sachs just did in the first quarter was just brilliant execution, far better than many people expected. let's pick up a nice example of the last couple of weeks. when we talked about archegos, who was holding the bag? not goldman. credit suisse was. that is a tremendous quarter, a tremendously executed quarter from the team at goldman. tom: in the execution of elites within the economy at goldman sachs, certainly at jp morgan as well. lisa, i love what you did i believe in the last hour on focusing on t

the ceo jamie dimon sees a multi-year growth runway before him. it is just about what they do with that. lisa: there's this idea of how much cash investors have in their same you account, in their checking's accounts. the fact that businesses perhaps aren't borrowing as much now because they already borrowed so much. small business lending declined by 50% in the first quarter versus the first quarter of 2020. are they starting up, or is it just that they have already raised so much money? jonathan: goldman sachs up at 7:30 eastern. tom: right now, i want to bring up this. i had the wrong banner. it was my fault. all the mistakes on the show are my fault. bq is a function on the bloomberg so you can do equivalent analysis, and the price-to-book of jp morgan is a lofty 1.88, and goldman sachs priced a little bit under that. i think that gives good bank to bank perspective. jonathan: do that on some of the european names, tom. [laughter] tom: i just hit deutsche bank. i can't remember. it was 0.33, but i can't remember now. it is literally a quarter

grier plplays popops, jamie's fathther. >> pops, what are you doing?g? >> w why can't t you b be like every otheher father,, j just get drunk and pasass out. >> this s is s medicinal. >> reporter: like foxx, he brings real-world experience to the role. he is a dad himself. >> my daughter is 13, and she had her little friend, this boy that grew up together, and he came to the house. whatcha all doing in there? >> daddy, he is like my brother. >> like your brother, cool then. well, leave the door open. >> reporter: as for jamie foxx, corrine and his half sister, annalise, give him high marks. how would you -- what grade would you give him as a father? >> a-plus. it is great for a girl to grow up and have such a strong father figure in her life. >> reporter: the man with a flourishing career knows how lucky he is. >> to be able to sing what you want to sing, go do your television show, go do your movies, i mean, it is a blessing. so you want to make the bestst burger evever? then makake it! that meansns cooking day anand night ununtil... [ ding ] succesess!

and jamie dimon is talking about goldilocks, but everybody forgets how that story ends. [laughter] this can't go on forever. you know, at some point we're going to have to pay the piper. yeah, let the good times roll for the next two the years, we're going to party and it'll be good, but we can't run 10-15% deficits forever. in other words, we're going to have to pay the price at some point. we have to pay for it? i mean, come on, i thought this was all free money, you know? he thinks there's going to be a price to be paid. but it will be a disappointment to the market, we'll see a break in some of the hard commodities, but other firms are going to continue to do, you know, home depot, all the nonrelated stocks will still do well. >> ashley? ashley: teddy, i have no idea how goldilocks ends, but i just pulled it up on my phone. it's a picture of the three bears. it looks a bit threatening. let me ask you this, you have the threat of inflation, but you talk to people and they talk about the increasing costs already of, you know, groceries and, certainly, gas prices have g

what jamie dimon is saying, that they are expecting very robust growth. that starts to get interesting when you think about risk assets. when you finally do get to positive real yields, what does that mean for the guild that has fueled all these different assets? we are still a long way away from that. when we look at 10-year yield rates, down about 70 basis points. of course, it is the direction of travel that matters, but we are still at deeply negative levels. romaine: coming up, a lot more to talk about. we will talk about what is going on in the cruise ship space. we will hear from ceo arnold -- from carnival cruise ceo arnold donald. coming up next. this is bloomberg. ♪ caroline: we are all desperate to get out and about, and apparently many want to go on a cruise. carnival reporting booking volumes in the first quarter 2021 90% higher than the fourth quarter of 2020 and also eclipsing 2019 at the moment. joe: this was an industry that i think some people might have thought exactly a year ago at this time it was totally dead. no one is going to wa

jamie dimon in his 30,000 word letter alluded to that, too. tom: the fact is jamie dimon was talking about the politics in america but to me, this is a president fired up and, quite frankly, sounds like a one term president. he sounds like let's go, let's go, let's go. the thing that's led through to me yesterday was a single quote from president biden in was about a fleecing of the ordinary. he goes back to his middle-class scranton roots when he gets angry, emotional. jennifer fitzpatrick with this. how load is this president when he goes -- how alone is this present when he goes for the support of the middle class? how alone is he among the elite of washington? >> i would not say he is alone. he's been pulled by the progressive lawmakers in the democratic party to do as much as possible to go big and to increase -- tom: it is not working. i get the idea the liberals want him to go big, great, and the push back the last 48 hours is remarkable. chat: he is more alone than you might think. it is true that washington is very polarized and very

tom: what is the political future of someone like jamie dimon? we all talk about it, he was vetted to be secretary treasury, laurence fink of black rock was in the same discussion at that point in time. is there any evidence america will embrace a ceo, either appointed or elected? kevin: i remember years ago, pre-trump, when i was at the pen and pad briefing with jamie dimon, and he talked about one of his first jobs working in a baseball stadium when he was a kid, and how he really worked his way to the top. i think that is a uniquely american story. i think -- if you can communicate in a way that highlights and captures the grits, hard work, and perseverance of america, i think there will always be an audience for that. tom: i look kevin at the moment today, and i guess everyone is back home, what do they listen to when they go back home and what are they hearing now? kevin: right now it is can we get the economy back open? there was a great article on the bloomberg terminal about how economists are surprisingly optimistic about the unemploymen

emily blunt and jamie dornan are star—crossed pair rosemary and anthony, who grew up on neighbouring farms. and they were clearly made for each other, despite anthony's bizarre inability to pop the question. would you marry me? enterjon hamm's american relative, adam, and quickly gets the hots for rosemary and her land after being offered the chance to buy the family farm, which anthony's father feels he is ill suited to inherit. i don't see a clear path. from where to where? from me to you. the fact that anthony's rural irish father is played by native new yorker christopher walken should set alarm bells ringing, not least because walken screen accents generally range from queens to brooklyn to manhattan's little italy, with the occasional hint of second generation sicilian gangster, perhaps, but essentially not going beyond the boundaries of the five boroughs. indeed, from the moment walker's narrator tony riley says, welcome to ireland. you know you're about to spend the next 90 minutes in the company of somebody doing the worst irish accent since a ginger haired mickey rourke utt

norah. >> o'donnell: jamie yuccas, thank you. breaking news from tennessee, a shooting at a high school in knoxville late this afternoon. police got a call about someone with a gun at austin east high school, shots were fired, one person was killed and an officer wounded. one other person has been detained. police say the officer is expected to recover. tonight in windsor, virginia, one police officer has been fired and another is under investigation for a traffic stop where an army lieutenant was pepper sprayed, handcuffed and held at gun point. cbs's jeff pegues has the disturbing body cam video the state's governor says left him angered. >> keep your hands outside the window! >> reporter: pulled over because he had no visible license plate, army lieutenant caron nazario was clearly worried about what could happen if he got out of the car. >> i'm afraid to get out. >> reporter: temporary tags were taped to the back windshield. something the windsor, virginia police officers apparently overlooked. >> get out of the car now! >> i

a jamie diamond says economic boom could last into 2023. i think that's what you've been saying, isn't it? >> yeah. i tend to believe this business psych will last a little bit longer and it is how much of a boom is it? so there's a lot of winds at our sails at the moment you know as you were discussing, previously in your monologue with martha, donald trump fundamentally change way business is done through regulatory action through a complete rewrite of the tax code. now if you're actively moving to undo these things you are working against yourself. but make no mistake snap back v shape recovery is a direct result of the bold actions taken by the former president including the vaccines that are coming out now. so as all of these things come online we've had a ton of fiscal stimulus, we've had the monetary policy taken everything down as zero and stabilize capital markets, americans are ready to get back to work. and unless something like green new deal or massive tax increase comes online, i think we can grow and we'll boom much past 2023

i'll start with you jamie. this is obviously an incredible moment for lawmakers from both sides of the aisle. there should be many sides of the aisle but there are not yet. for the aisle to come together and say how do we capitalize on this moment going forward making a better conversation in terms of criminal justice reform? how can that happen? >> there are two bills, tim scott introduced a bill in the last congress to try to deal with some type of police reform. kennedy: dick durbin called a token bill that was really classy. >> unfortunately it is a stalemate here. perhaps tim scott's bill did not have everything democrats wanted britt had a lot of good things and a lot of things they supported. they maybe did not want to support it because they do now in a republican to be the author of it. it is a shame i hope both sides can come together get some bill through prayer there's a lot of commonality i think you'll find republicans and democrats able to support that will be significant changes that would prove

and good evening, jamie. what a day it has been. >> reporter: unbelievable day, norah. no one saw this coming so fast. after nearly a year since the death of george floyd, derek chauvin will spend his first full night behind bars. the courtroom was silent today as the judge read the verdict. tonight, former officer derek chauvin learned his fate. >> we the jury as to count one unintention add second-degree murder while committing a felony, find the defendant guilty. >> reporter: guilty of second- degree murder, third-degree murder, and second-degree manslaughter. chauvin showed no reaction as the verdicts were read. he was lead out in handcuffs. outside the courtroom, a crowd erupted in cheers. ( cheering ) >>e t be able tore until you're able to breathe. today we are able to breathe again. >> reporter: the historic verdict came after nearly three weeks of testimony from 45 witnesses, several officers, including minneapolis' police chief, tearing down the "blue wall of silence," condemning chauvin's actions. >> to continue to apply that level of force to a person proned

apparently jamie dimon not in favor of it coming back. new york state raising tax you have a seminal question about whether or not property taxes are ever going to come back given what he's talking about in terms of how many people will be becack in an offe and landlords, and the unwillingness of politicians to cut budgets. i don't know if it ends up for new york, but it seems as though wealthier people will consider leaving knowing that they can now work outside the office. >> there's no question and the big paradox for new york right now is that the financial situation has vastly improved just in the last couple months you would think that would have taken the air out of calls to hike taxes on the wealthy. you have the 12 .5 billion in unrestricted funds from d.c. tax resaceipts coming in far better than anyone would have dreamed of and yet, you have a legislature, the assembly, the senate and now cuomo accepting 4.3 billion in tax increases and a $212 billion budget almost has high as california's with twice the population. this does a

good evening, jamie. >> reporter: good evening, norah. late today stunning testimony from chauvin's supervisor. he said he has own the officer since 2008 and chauvin did not initially tell him about restraining floyd with his knee nor for how long. he testified today chauvin should have stopped using force after floyd was and cuffed and on the ground. dramatic never before seen video of the ambulance team arriving to safe george floyd's life. to save george floyd's life. paramedic seth bravinder says the first thing he saw was multiple officers still on top of floyd. >> from where i was at, i didn't see any breathing or movement or anything like that. >> bravinder makes a hand gesture at officer derek chauvin telling him to move as his partner paramedic derek smith checked floyd's pulse. >> what did his condition appear to be to you overall? >> in lay terms, i thought he was dead. >> reporter: smith said he wanted to move floyd to a different location to get away from the crowd. >> there were multiple cell phones out, there were elevated

good evening, jamie. >> reporter: good evening, norah. late today stunning testimony from chauvin's supervisor. he said he has own the officer since 2008 and chauvin did not initially tell him about restraining for with his knee restraining floyd with his knee nor for how long. he testified today chauvin should have stopped using force after floyd was and cuffed and on the groun dramatic never before seen video of the ambulance team arriving to safe george floyd's life. paramedic seth bravinder says the first thing he saw was multiple officers still on top of floyd. >> from where i was at, i didn't see any breathing or movement or anything like that. >> bravinder makes a hand gesture at officer derek chauvin telling him to move as his partner paramedic derek smith checked floyd's pulse. >> what did his condition appear to be to you overall? >> in lay terms, i thought he was dead. >> reporter: smith said he wanted to move floyd to a different location to get awayte wanted to move floyd from the crowd. >> there were multiple cell away from

he died under similar circumstances. >> o'donnell: jamie yuccas joins us now. you were one of the reporters allowed inside the courtroom today. we don't get to see the jury, but you did. what did you glean from that? >> reporter: i can tell you, norah, the jury is clearly engaged and taking their roles seriously. but by the end of the session, it was obvious that the trial is really taking its toll. they really looked exhausted. >> o'donnell: all right, jamie yuccas, thank you. well, tonight, president biden is defending his decision to withdraw all remaining u.s. troops from afghanistan, saying the u.s. needs to fight the battles for the next 20 years, not last 20. his decision drew a sharp response from republicans. we get more now from cbs' weijia jiang at the white house. >> reporter: president biden announced the end to the u.s. war in afghanistan from the same spot in the white house treaty room as president george w. bush announced its beginning 20 years ago. >> it's time to end america's longest war. it's time for american troops to come home. >> report

they really looked exhausted. >> o'donnell: all right, jamie yuccas, thank you. well, tonight, president biden is defending his decision to withdraw all remaining u.s. troops from afghanistan, saying the u.s. needs to fight the battles for the next 20 years, not the last 20. his decision drew a sharp response from republicans. we get more now from cbs' weijia jiang at the white house. >> reporter: president biden announced the end to the u.s. war in afghanistan from the same spot in the white house treaty room as president george w. bush announced its beginning 20 years ago. >> it's time to end america's longest war. it's time for american troops to come home. >> reporter: the president said the u.s. would withdraw all forces by september 11th, having stopped al qaeda from using afghanistan as a base for another attack. the c.i.a. director warned, leaving comes with consequences. >> when the time comes for the u.s. military to withdraw, the u.s. government's ability to collect and act on threats will diminish. >> reporter: republican senator lindsey graham: >> th

norah. >> o'donnell: jamie yuccas, thank you. breaking news from tennessee, a shooting at a high school in knoxville late this afternoon. police got a call about someone with a gun at austin east high school, shots were fired, one person was killed and an officer wounded. one other person has been detained. police say the officer is expected to recover. tonight in windsor, virginia, one police officer has been fired and another is under investigation for a traffic stop where an army lieutenant was pepper sprayed, handcuffed and held at gun point. cbs's jeff pegues has the disturbing body cam video the state's governor says left his angered. >> keep your hands outside the window! >> reporter: pulled over because he had no visible license plate, army lieutenant caron nazario was clearly worried about what could happen if he got out of the card. >> i'm afraid to get out. >> reporter: temporary tags were taped to the back windshield. something the windsor, virginia police officers apparently overlooked. >> get out of the car now! i'm

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minutes show fed officials expect it will be some time before it starts tightening policy jp morgan's ceo jamie dimon out with his share holer letter saying he is optimistic about the u.s. economy as it begins to reopen and vaccines get distributed. moran that letter coming up. >>> and some of the reopening plays like cruises and restaurants are rallying in today's session. we have 59 minutes left of the session. sara, sort of mixed on the headline indexes as we send. >> s&p up about .1%. we have a great lineup of guests coming your way. the fed governor lael brainard will give us her outlook and how strong data could impact policy. plus the deputy treasury-second, we will break down the report on the taxes that would pay for the biden infrastructure plan. plus an interview with the carnival ceo arnold donald, a report out today saying bookings are accelerating >>> first stories we are watching one hour left of trade mike santoli is tracking market action what are you seeing in the swror afternoons >> lower volumes, lower volatility, really just hanging around here at the all-time highs. conten

norah. >> o'donnell: jamie yuccas, thank you. we're going to turn now to that breaking news tonight in the fight against covid.s tonight ie johnson & johnson is reportedly halting future shipments of its vaccine. this comes after a production mix-up ruined millions of doses. now, the setback comes as cases are spiking again across the country. for more on this all this, we go now to cbs' meg oliver. >> reporter: tonight, the nation bracing for a fourth wave, as cases continue to climb. new data from the c.d.c. showing the highest number of cases per capita concentrated in michigan and the northeast, including rhode island. >> i have never been through a year as difficult as this one. >> reporter: dr. megan ranney treats covid patients at rhode island hospital. >> i'm seeing lots of folks who are around my age coming in with covid. >> reporter: why are we seeing an increase in the younger patients? >> they have not been vaccinated yet. and the second is, they're now going out and about. >> reporter: are states opening too soon? >>

coming up, jp morgan ceo jamie dimon sees rebounds to the u.s. economy that could last until 2023. . we get more on the takeaways from his annual letter to shareholders next. this is bloomberg. ♪ shareholders next. this is bloomberg. ♪ shery: jp morgan ceo jamie dimon says he is out the mistake -- he is optimistic that the pandemic will end with a rebound that could last two years. in his letter to shareholders, he says the boom could easily run into 2023. for more on the takeaways, we have finance reporter hannah 11. this was a long letter. 60 plus pages or so. let's start with his outlook on the economy. what did he say? hannah: thank you for having me. it was 66 pages. his longest ever. which is big for the long year 2020 was. he gave a very bullish view on the recovering from the pandemic. he cited stimulus and savings that consumers have an quantitative easing and infrastructure bill. and also just vaccine euphoria around land of thought and -- the pandemic. i could lead to a boom that could run into 2023. it was a very optimistic view.

norah. >> o'donnell: jamie yuccas, thank you. we're going to turn now to that breaking news tonight in the fight against covid. johnson & johnson is reportedly halting future shipments of its vaccine. this comes after a production mix-up ruined millions of doses. now, the setback comes as cases are spiking again across the country. for more on this all this, we go now to cbs' meg oliver. >> reporter: tonight, the nation bracing for a fourth wave, as cases continue to climb. new data from the c.d.c. showing the highest number of cases per capita concentrated in michigan and the northeast, including rhode island. >> i have never been through a year as difficult as this one. >> reporter: dr. megan ranney treats covid patients at rhode island hospital. >> i'm seeing lots of folks who are around my age coming in with covid. >> reporter: why are we seeing an increase in the younger patients? >> they have not been vaccinated yet. and the second is, they're now going out and about. >> reporter: are states opening too soon? >> i wish to g

jamie, thanks so much for being here. is it really just because the w.h.o. is completely beholden, and is there any chance as an advisor to them and other scientists locking arms, you get an opportunity for a real review? >> so i've got bad news for you and good news. the bad news is that this joint study process that you've described is just fatally flawed. the good news is that it's not the w.h.o. that's doing the investigation, it's an independent advisory committee, albeit organized by the w.h.o. and their chinese government counterparts. and so that group issued their report last week that in my view was really just shocking and incomplete, but the good news is w.h.o. director dr. pedro's immediately put out a statement if eventually refuting that rept and calling for exactly the kind of all investigations that i think we all recognize is needed and so i know there's been a lot of criticism of the w.h.o. as being beholden to china. but the doctor essentially risked his career to refute this report and call for a full investigation, so i really hope that

jp morgan's jamie diamond says there are some risks out there that could derail the growth >>> plus it recoveries not just shelter in, that's where the money will flow in the tech sector according to the street's number one anilous and crypto currencies hitting an all-time high. where the money is heading and if the pace can continue but we begin today with the markets. >> the big word today is stable, melissa, because we are seeing just marginal gains and losses a seesaw if you will, but again not big moves. currently the dow just about flat on the day, s&p 500 similar move if you take a look at some of the cruise line stocks they're getting a bid right now because carnival has basically said they've seen a 90% some surge in books between last quarter and the quarter we just saw. so maybe that does mean travel is having some pent-up demand issues we will face in the coming months. off session highs, still though up about 2%. and then take a look with what's happening with tesla shares. we are seeing them slide and hover right around session lows. there's been a couple of negative head