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Dow close to segment lows. Lets get to it. We know the president will be speaking in the diplomatic room at 11 306789 we are getting new details from the White House Press pool about how the president has spent his morning. We are told that the president and vicepresident were notified of the situation in alexandria this morning the president has already spoken to the speaker of the house, the Senate Majority leader and the wife of congressman, Steve Scalise, the congressman that was apparently bad will you injured in that attack we are also told he has spoken to congressman Steve Scalise and the chief of the Capitol Police, which would norm will you not be under president ial jurisdiction but the president clearly reaching out to all of those individuals to offer his support and condolences an also to coordinate the federal government response. We will find out more from the president at 11 30 about what the government knows about this gunman, the attacker, his possible motive. You saw in the news briefing a little while ago that the fbi has taken over command on the scene. We saw the fbi said they had responded instantly with the joint Terrorism Task force there are robust task forces repositioned throughout washington, d. C. Preparing for any incident like this they would have rolled those guys into action very, very quickly. It was the Capitol Police officers that were best positioned to deal with this by all accounts, they responded with direct gunfire nearly immediately, as soon as they could locate the shooter and the direction the firing was coming at them from it appears the shooter was, himself, injured in this attack. We are waiting for more clarity on who was transported to the hospital and the nature of all of those injuries. We can expect the president might be in a position to give us an update on all of that at 11 30, carl. Thank you very much for that, aman we are getting some news that leader mccarthy says scalise is out of surgery, doing well they are continuing to check on him. The house he expects will go back into session tomorrow havent heard more details about the shooting theyre will be more information provided to house members at 11 15. Sarah eisen is also at the white house watching developments. Reporter the white house staff has had to rewrite the schedule for today initially, we came for a Workforce Development week where President Trump was supposed to speak at the Labor Department this afternoonaround 3 30 p. M. Make some announcements regarding the Apprenticeship Program after his visit at a wisconsin trade school last night. That event has been canceled as aman just reported, we are waiting to hear from him on the shootings. What is still happening behind me, there is a working session of ceos scheduled to be at the white house. They are here to have a listening session and working session with ivanka trump, who is President Trumps daughter, who has taken a lead on this Workforce Development lead and the white house economic adviser. There was supposed to be a little bit of a pool to open it up to the press in the beginning for remarks. That is no longer happening. Clearly, the optics are tricky here when it comes to having these discussions. While there is work being done not involving the president. The president s schedule has completely changed and will no longer focus on that Labor Department event the vicepresident cancelled his listening session with members of the Home Builders community clearly, things have been up in the air and they are completely pivoting to respond to these breaking events. In the meantime, Kayla Tausche is over by the baseball field where the shooting occurred reporter when we last spoke to you, we were right up on the edge of the fence looking over the outfield of the baseball field where that shooting took place earlier this Morning Police have since come by and rolled caution tape along much of this area expanding the crime scene in the air wrea of investigation about the size of a football field the police said they had every reason to believe that the incident that took place here was an isolated incident that being said, the investigation is on going. The fbi in the Washington Field office is taking a lead on that as was just reported nbc news and the Associated Press are reported the eye denette de identity of the shooter as James Hodgkinson with an illinois drivers license thats all we know about him the police, fbi and governor of the state of virginia in that press conference saying they did not have enough information to know what the motivation was of the shooter. They would not even say what condition the shooter was in and they didnt get close at that press conference on the record to confirming his identity nbc news and the Associated Press at this hour both reporting the shooters identity as James Hodgkinson with an illinois drivers license according to a Government Official guys thank you very much, kayla. In the meantime, michael, sarah mentioned this day was supposed to be about the White House Pressing on with some of its initiative from Workforce Development to various other things, meeting with Health Care Executives and Home Builders the market is responding somewhat negatively. It is responding somewhat negatively, disappointment on retail sales and they are assuming growth is going to remain sluggish and this the fed is not going to have to get a whole lot done with todays rate hike we will get two in after today for 2017 the market saying, maybe that is going to be it thats a lot to extrapolate from todays numbers. We are at alltime highs all the indexes were there general decline, very, very mixed. This market is always like that. It is six sectors down, four up. It is 65 of volume in decline, 45 up. We are there again today energy and financials in particular are very weak, a familiar pattern does a dovish tone or net dovish change this afternoon transfer into extended goldilocks do they know or suspect something that we are not suspecting yet i dont know that it is about suspecting something that we dont yet know it is definitely more about, look, where is the escape . It is that question of, do we have a catalyst thats going to change the tone . 4. 3 unemployment. Inflation nowhere to be found. Is the fed going to focus on the 4. 3 or the no inflation or the fact that markets are elevated and risktaking is relatively active the retail sales number, on the surface, it looked weak. The details were a little bit stronger and a little bit more encouraging. The acquisition is up. The stuff that feed into gdp is better it is easier to paint this with a very weak brush. It is maybe a little bit easier if you can say it is a story of low inflation. Thats been a structural story the retail sales, a Structural Technology element there. Inflation as well. I was kind of joking earlier that maybe we need kind of a users equivalent cost for free social media thats supported by ads and for unlimited data plans. All that stuff is depressing, because thats where you are spending your time and your eyeball hours. Somebody is earning off of that. Im joking but thats whats distorting the measured numbers. Bill said technology is the new macro. Technology, itself, can push up Profit Margins and increase revenues and bring down costs dramatically it can have the same kind of influence on an expansion and cycle that the traditional factors we are talking about from this mornings reports are. The market translates all that into growth stocks. They are kind of pushing the limits they are beneficiaries of all this there is at least a half percentage spread between the big cap and value. Financials and energy dragging down the value stocks. We are back in that boat. At least for the morning. Well see what we hear at 2 30 doe. Bviously, limit rang the w is down 11 well take a short break here. We are back in just a moment [woman] so beautiful. [man] beautiful just like you. [woman] oh, why thank you. [burke] and we covered it, november sixth, twothousandnine. Talk to farmers. We know a thing or two because weve seen a thing or two. We are farmers. Bumpadum, bumbumbumbum we are reporting on a shooting at a baseball practice this morning reporter at 11 15, members of congress are expected to get an allmembers briefing in an underground facility where they can bring all those members in, give them the information they have as of now about what happened this morning and also what the security procedures will be Going Forward for all of those members and staffers we are going to hear from the president here at 11 30 at the diplomatic room. At noon, we are going to hear from the speaker of the house, paul ryan, who will make some remarks on the house floor and give ushis perspective on everything that has happened paul ryan is most impacted because these were mostly house members and house staffers that were involved in this situation this morning there were a few members of the United States senate present as well were also told that the president has been making some calls today. He has spoken to a number of the people who were at the scene including a staffer for the vicepresident who was there as a coach helping out with the congressional baseball team. He has been talking to Steve Scalises wife, his chief of staff and other folks on the scene. At 11 30, we can expect the president will update us and give us what he knows about this situation. I would suspect we will get some new information at that point, kell thank you. He mentioned we are going to hear from the president in 15 minutes time and then paul ryan this morning as we try to figure out how much to read into the agenda and the rest of the schedule on washington, it is a difficult situation now. He said there were several meetings lined up today that now wont be happening i dont know what other response president and congress can have here than try to keep us abreast of whats happening and what they have learned. Of course, there is very little we know about the suspect and the motivation behind the shooting but plenty we can infer. Well, certainly, the house briefing at 11 15, which we dont expect to see cameras at might suggest changes. Will we see changes to security protocol jim cramer in the 9 00 a. M. Call said it is irresponsible to consider it a one off. There us a good chance it could change capitol Hill Security in ways that 9 11 changed flying. Well see if it is that profound i would imagine the visibility of congressional leaders is so much higher. There is so much more focus on every issue and they are on tv all day. Joining us from capitol hillah returnihill after returning from the scene florida congressman ron desantis thanks be for joining us we are beginning to get some information about the nature of the suspect. Have you had a chance to look at it does it match up with whom you might have spoken to today at the parking lot . So the individual has been identified from bellville, illinois i saw his picture on his twitter account. I spoke to my colleague, jeff duncan, in the car with me we both agreed that that individual who came up to us and asked us if they were republicans or democrats, that is the same individual police has identified that picture is the same guy we saw. Congressman, thats the thing about the internet, now, we can get on and almost find out everything there is to know about this guy at face value if you believe whats on his Facebook Page and yelp and so forg it it is very early to confirm a lot of these details it seems like he had very Strong Political feelings i dont know whether there were just expressed on the baseball field this morning the question for you guys is, how much more security you now feel is necessary as you are going about your day to day lives. Well, it is a good question here in the capitol, there is a lot of security, Capitol Police do a good job. A lot of times the secure folks a are telling us, make sure you have this security and that security we have never talked about security when we are off campus in the d. C. Area the only reason you didnt have a lot of people mowed down today is because Steve Scalise, he had a detail with him because of the leadership those guys went in the line of fire and put this guy down, which is great had steve not come to practice this morning, you would have had 15 members of congress, 10 members of the Congressional Staff and there would have been zero security at all i think you would have seen a lot more people been injured and probably people that would have ended up getting killed. It is the type of thing, this guy, was he motivated because it was members of congress and then because specifically a republican did he have an itiological thing. They are cause for concern and they are troubling we are not talking about one individual and his views and potential motives. Have you, as a member, seen any increase in threats or kind of hostile feedback from the public that you would think would make it more likely it is time to think about different security measures without question. Since the president was elected and particularly since he has taken office, we get way more invective coming into my office, people wishing me death, my wife death and even my six and a halfmonthold daughter, wishing her death. The nastiness has ramped up. Any time we do town halls, we have good security it is a lot of stress on the local Law Enforcement. They do a great job. Me, as kind of a military guy, i see some of this stuff coming down the transfer and i shrug it off. That goes with the territory you have to take some of this stuff seriously. I think im going to take it more seriously than i have, even knowing that it has ramped up over the last six months what do you think you will do different, congressman i want to ask you whether you are already thinking of changes to your own Security Package secondly, at what point does this become a real deterrent we know the campaign is a difficult crucible at what point does this become a deterrent for people thinking of running for office all i can tell you is after i talked with my wife and i told her i was fine an everything, her thought was, i dont want you involved in this we have a young daughter and everything i think that people will look at it and particularly the family members will just not want to see their loved ones in those situations my view is at the same time and what i told her is you cant let that cause you to not stand up for what you believe in at the same time. So i think what you are going to see with members of congress is obviously a shock. We are all very shaken we want steve to pull through. We want the staff to pull through, the Capitol Police to pull through good signs i think we are going to really be revolved to do our jobs and to do them as well as we can i dont think we are going to let this have us curl into a fetal position and be scared to face the public. Congressman, i keep wondering, how does a guy from illinois, posting on facebook earlier this week show up at a gop congressional baseball practice this morning . How did he even know about it . Who came up with the idea . It is so hard to believe as we start to put these together. I think thats a good question i have no clue as to how he got here or what he was doing. I dont even know. Maybe he has moved here since. I think we are going to figure that out if you live in the area, i dont think it would be a mystery that there is the Republican Team practices in alexandria. The democrats practice somewhere else in the d. C. Metro area. Thats just kind of been the facilities that have been used for years and years. If you are local, it wasnt anything that was ever a secret. You do wonder, did he come from illinois specifically just to do this or to do some other harm to other people in the political system we are scratching our head over that as we find out some information about this guy im also wondering what your personal views are about the baseball game for tomorrow evening . I imagine we will hear more from leadership on this should it go ahead should it change a little bit . Should it still be republicans versus democrats what do you think . We have raised 650,000 for charity for Underprivileged Youth here in the d. C. Area. Obviously, i want that money to go to them it is important. If we play, ill be there and ill play and everything if we dont, i understand. It is unfortunate, because steve, of anybody, scalise, he really loved this game he dressed up and he would always have a nice uniform on. He bugged me for years and years, ron, we need to get you out there. When i came out this year for my second time, every time he would see me on the house floor, he would say, ron, man, you are ripping the ball thanks so much this is awesome. I kind of feel a little sad to play without steve just because he was really an emotional spark and he really loved this game both for the charity and also being out there and kind of living his childhood dreams for a night. Congressman, ron desantis who saw the alleged shooter and managed to avoid a lot of what happened afterward, thank you for joining us no problem. Thank you. We are going to take a quick break. We are going to hear from the president expected to speak at around 11 , 30updating us on what he knows. Stay with us right here on squawk alley. And the wolf huffed and puffed. Like you do sometimes, grandpa . Well, when you have copd, it can be hard to breathe. It can be hard to get air out, which can make it hard to get air in. So i talked to my doctor. She said. Symbicort could help you breathe better, starting within 5 minutes. Symbicort doesnt replace a rescue inhaler for sudden symptoms. Symbicort helps provide significant improvement of your lung function. Symbicort is for copd, including chronic bronchitis and emphysema. It should not be taken more than twice a day. Symbicort contains formoterol. Medicines like formoterol increase the risk of death from asthma problems. Symbicort may increase your risk of lung infections, osteoporosis, and some eye problems. You should tell your doctor if you have a heart condition or high Blood Pressure before taking it. Symbicort could mean a day with better breathing. Watch out, piggies child giggles symbicort. Breathe better starting within 5 minutes. Get symbicort free for up to one year. Visit saveonsymbicort. Com today to learn more. A briefing for members of congress now underway on the hill regarding the shooting this morning in alexandria. The president speaking in a few moments. Here is representative barton speaking about the events of today. Sometimes as many as 25 people you may have been something in which somebody was able to anticipate our being there and being vulnerable our prayers are for the people that are wounded and our thanks are to the Police Officers including the Alexandria Police who arrived very quickly who i cant emphasize this enough. They attacked the shooter. That saved our lives in doing so, that injured themselves remarkable hear r remarkable heroism where were the Capitol Police behind the first base dugout. They were not on the field the shooter was not on the field and never got on the field he stayed behind the third base dugout and came around behind home plate, got behind the utility shed and then darted out in front of the utility shed and thats when he got shot. Did you see the shooter and the weapon i did not until after the fact i was getting down, protecting, making sure my son was down. I did not see him when it was an active shooting situation. We just left jeff duncan from South Carolina jeff generally played shortstop or third base, with trent kelly. Jeff was leaving with another member, ron desan tuesantis who have all been positioned in the infield. We all have responsibilities to get back to. Sometimes people will finish what they are doing and leave a little early as jeff was walking out, he actually saw the shooter who spoke to him and said, who are those guys he said thats the congressional baseball team. He said, what are they, republicans or democrats he said, they are the republicans. That was the conversation he had. It was only as they were driving back he said he acted a little weird. We need to go inside. Thank you. How long did the firing go on for . Congressman joe barton of texas describing the events of this morning obviously, hasnt even had a chance to change out of his baseball uniform, which is obvious from the impromtu press he just delivered. Our Kayla Tausche is with us in alexandria as we count down to the president s remarks, which if on time, should happen in just a couple of minutes reporter yes, carl, we await those remarks. Listening to those members of the house talking about how they should have known that they were potentially vulnerable just about two dozen of them gathered in one place. From the looks of it, a very open place before it was all rung off with caution tape i want to give you a few new details. Nbc news has confirmed the identity of the shooter as James Hodgkinson in his 60s with an illinois drivers license. Law enforcement in a press conference earlier would not say whether he was local or whether he was from somewhere else they said that was preliminary according to hodgkinsons Facebook Page, which has been verified, this is a picture of what the shooter looks like. The shooter, according to nbc news and an official who spoke to the Associated Press as well we also have some video that ran on cbs this morning. Of the majority whip, Steve Scalise, who was shot and carried out on a stretcher from this baseball field and put into an ambulance and brought to the hospital Steve Scalise was brought out by multiple members of a paramedic team, as you can see from this video, and you have now heard members of congress, teammates of his who were here describing a very harrowing scene after which he was shot. He crawled into the outfield about 15 yard away now that he is out of surgery, we certainly wish him a speedy recovery and are glad no one was hurt finally, members of the police teams, both the washington police, the Washington Field office of the fbi, the Alexandria Police and the Capitol Police, did make comments about the fact that there were members of security details for these congressional members that were here today they said that made a significant difference people may know that security presence for these members of congress was stepped up significantly after the 9 11 attacks. It has been debated whether it is necessary or not. Certainly, the agreement among police today was that it made a significant difference here in alexandria today, carl we are glad no one was killed, kayla. The last that we have heard is that scalise is in stable condition. Is that right . Reporter that is the last we have heard, kelly, now that he is out of surgery. Kayla, thank you. Kayla is on site there right at the baseball field where all of this happened. It is kind of tough to see those images he was shot in the him, representative, Steve Scalise. Since he is the majority whip for the gop, he had the security detail they were able to shoot the suspect and keep it from being what could have been a major massacre according to congressman ron desantis who spoke with us a short time ago the president is about to speak any minute now there is a live shot he will be at that podium and give us any further information than what we currently know. By the way, speaker ryan is scheduled to speak on the house floor at 12 00 they are encouraging all house members to attend for what will essentially be what sound like a prayer, a show of bipartisan unity and a pledge of allegiance that is happening at the top of the hour as we await the president in a couple minutes. What we know so far, well bring you in on this our amen javers this is how much these parties need to come together and put their feet down and make it clear to the american public, at the end of the day, this country comes first. Well see if we see some of that tone from the president in the diplomatic room and we are going to see according to paul ryan, ryans spokesperson who has been tweeting out, both paul ryan and nancy pelosi will be making remarks on the house floor once you get the information on the background of this alleged shooter, authorities are going to want to determine whether or not he was working alone or anybody else was involved in the situation. There doesnt appear to be any indication right now, particularly because police on the scene in alexandria have said that scene they consider to be safe. They consider the city of alexandria to be safe. The indication from Law Enforcement is that there is no further threat to the region they are going to want to know who else this person was speaking to and who else was involved in drawing up this plan if it was a forethought out process by this person it appears this particular event was targeted this is not a random situation like we have seen with isis attacks where you are rolling awe van into as many people as you can, kill as many as you can, harm as many as you can this was clearly focused on these members of congress themselves at this casual open event in a public place. We will wait to see what the president can tell us. Typically, he will have been very thoroughly briefed on all of this and have absolute, uptodate information we will see that moment later this morning or early afternoon with the speaker of the house and nancy pelosi, the democratic leader in the meantime, not stopping folks from combing through the suspects footprints on social media. The fbi special agent would not address that directly. Sarah eisens also at the white house as we awit tait the presi. We will be listening closely to the tone he takes. We have gotten several tweets this morning from both sides of the aisle decrying what happened today, both from republicans and chuck schumer, Claire Mccaskill and Bernie Sanders and others. We will see if this is an inflexion point in change of rhetoric the president has come out many times and called democrats obstructionists. They have kept the heat on the president for the russia investigation just after yesterdays testimony from attorney general Jeff Sessions on that topic. Will the tone change it is one of the reasons why the white house has tried to refocus the attention on Workforce Development week, which is what the day was supposed to be all about highlighted by the 3 00 p. M. Department of labor speech, which is now canceled, to bring the focus on what the white house can do without members of congress will this be a change, an inflex point where the white house will reach out to congress and get more cohesion on specific issues we are getting more guidance in terms of what to expect from the president. We are told he will be speaking for two minutes. Can you say why you believe this was the shooter, because of the description you got from police based on who i saw and the description i gave the Alexandria Police department fits the picture that is being shown on tv. Did he have a tshirt on . What i recognized was a redshirt i didnt see anything in his hand i didnt see any partisan stuff op his body and clothing i saw the individual i know what he asked me. I know how i answered and i know what happened. Im making the assumptions he was targeting the republicans based on what he did what was his demeanor this is an exercise area. There is a ymca there. We practice there for seven years. There are awe lot of citizens activities, exercising and walking their dogs it is early morning, 6 30 a. M. To 7 00 in the morning people are exercising. Thats what they do. It is not uncommon to have interactions with citizens that look in the fence and watch us practice a little. Nothing was out of the ordinary for this gentlemen coming up and asking me a question how much time elapsed that was at 7 02. The reason i know that, i got in the car and commented about what time it was knowing how long it was going to take us to get back to the capitol one minute one way or the other makes a lot of difference in traveling back to the hill i know exactly it was 7 02 how much later would the shooting have been you will have to look that up i got back to the hill it was a little while before i found out about it do you worry that this is going to become politicized . It depend on how yall report it and what he says, maybe what his facebook says, whether it is politicized or not as you all know, shortly after 7 00 a. M. This morning, a gunman opened fire on members of congress and their staffs as they were practicing for tomorrows annual Charity Baseball game. Authorities are continuing to investigate the crime. The assailant has now duied from husband injuries the fbi is leading the investigation and will continue to provide updates as new information becomes available. Congressman Steve Scalise, a member of house leadership, was shot and badly wounded and is now in stable condition at the hospital along with two very courageous Capitol Police officers at least two others were also wounded. Many lives would have been lost if not for the heroic actions of the two capital Police Officers that took down the gunman despi despite sustaining gunshot wound during a very, very brutal assault. Melania and i are grateful for the heroism and praying for the swift recovery of all victims. Congressman scalise is a friend and a very good friend he is a patriot. He is a fighter. He will recover from this assault and, steve, i want you to know that you have the prayers not only of the entire city behind you but of an entire nation and frankly the entire world. America es prayiis praying for d america is praying for all of the victims of this terrible shooting i spoke with steves wife, jennifer, and i pledged to her our full and absolute support. Anything she need, we are with her and with the entire scalise family i have also spoken with chief matthew verdorosa, doing a fantastic job, of the Capitol Police, to express our sympathies for his wounded officers and to express my admiration for their courage our brave Capitol Police perform a challenging job with incredible skill and their sacrifice makes democracy possible we also commend the brave First Responders from Alexandria Police, fire, and rescue, who rushed to the scene. Everyone on that field is a Public Servant our courageous police, our congressional aides who work so tirelessly behind the scenes with enormous devotion and our dedicated members of congress who represent our people we may have our differences but we do well in times like these to remember that everyone who serves in our nations capitol is here because, above all, they love our country we can all agree that we are blessed to be americans, that our children deserve to grow up in a nation of safety and peace, and that we are strongest when we are unified and when we Work Together for the common good please talk ake awe moment tod o cherish those you love and always remember those who serve and keep us safe god bless them all god bless you and god bless america. Thank you. That is the president breaking the news of the assailant from this morning has died from his injuries the fbi now leading the investigation calling it a very, very brutal assault, calling Steve Scalise, a good friend, a patriot and a fighter who has the backing of the nation and the world. Paying omage to the Capitol Hill Police their sacrifice in his words makes democracy possible eamon javers, watching all of that and delivered some news we did not know, that the assailant is dead. Reporter that information as part of the overall picture the president is getting of what the situation is in terms of this assault, you can imagine that the president has the very best, uptotheminute information at all times on this sort of thing. The president looking for a message of unity saying we are at our best when we are unified. Pointing out that everybody on that congressional baseball field was a Public Servant from the Fire Department and Police Officers that responded to the Capitol Police security detail to the members of congress and the staff themselves also, singling out Steve Scalise as a friend and a very good friend saying that he will recover from his injuries. So the president has clearly been briefed on the nature and extent of the wounds that congressman scalise suffered earlier today and saying he is a fighter and going to get better. Clearly, a personal, heartfelt note from the president there from mr. Scalise and a sombre tone overall from the president and a message of unity from this white house and political turmoil in this country. An incident here with potential to be politicized on all sides you can tell this white house is very sensitive to that and wanting to send that message of unity as the first message this white house puts out the headline out of reuters, trump urges unity after shooting as he said, we do well to remember that those serving in our nations capitol are here because they love our country. Lets all keep that in mind. Eamon, well watch for more developments the speaker of the house talking in just about 15 minutes well take you there back in a moment looking from a fresh perspective can make all the difference. It can provide what we call an unlock a realization that often reveals a better path forward. At wells fargo, its our expertise in finding this kind of insight that has lead us to become one of the largest investment and Wealth Management firms in the country. Discover how we can help find your unlock. Welcome back we are joined by former Fbi National Academy instructor, james west a few details emerging based on the eyewitness reports of fellow congressmen who were there they said the suspect who the president said is now dead did use a long gun and perhaps also a pistol and that there were many, many round fired in which case it seems extraordinary that there werent more injuries or deaths thats true it also puts the dignitary protection detail at an extreme disadvantage during the initial stages they are going against a long gun with handguns. I can tell you, thats not very pleasant i have had that experience they were at an extreme disadvantage the only advantage they had initially was that they were in plainclothes and were not immediately recognizable by the suspect here i would tell you that in an instance plik th instance like this for them to return fire and engage that individual was an extreme act of courage. I can tell you again from being on the other side of that issue, being somebody who has been confronted by an individual with a long gun and im armed with a pistol that that is not a pleasant experience at all mr. West, how rapidly is a long gun capable of firing and how precise is it . What kind of training would somebody need to have in order to aim atone individual as opposed to spraying over a wide field . Well, here is the thing it depend on the type of weapon. If it is a semiautomatic weapon, it means the bullet is does charged every time the trigger is pulled. Depending on the suze of tize oe magazine, somebody with a long gun can pull 30 times and fire 30 round and also at a greater does stance and hit his target than somebody with a handgun so that gives that shooter an advantage. Right off the bat, he comes into this gun fight better armed and better equipped. Now, at some point, a dignitary Protection Unit from the Capital Police may have accessed a long gun of their own i dont know that at this stage. I can tell you that the shooter, in fact, has a full automatic weapon, an entirely different type of weapon, thats a true assault weapon, and im being told the weapon he had may have resembled or may have been an ak47. If it is a full automatic weapon, meaning you depress the trigger and the whole magazine is expended until you release that trigger, that would put the shooter at an even greater advantage. Again, my tributes to these Police Officers who stood by and returned fire. Also, my understanding of this event as it played out is that this individual was not trying to hide his eidentity he was asking questions an engaging people in verbal communication. It may be that also, when you consider the age of the suspect at 66, it may also be that he had an intention to have himself shot by the police and what we refer to as suicide bycop. He didnt seem to have an end game here. It seemed that what he wanted to do was shoot as many people as possible he must have known that he wasnt going to escape from this event, that he was going to pb caught or shot at the scene. Questions well never have answered now definitively with his death. I wonder if people are bringing up past episodes of violence against elected officials, Gabby Giffords about six years ago, have security details evolved appropriately yeah i think t Protection Unit that are especially trained to protect dignitaries of many different types. Dignitaries, obviously, so that kind of training and coordination with organizations such as the fbi and National Academy has improved over the years and that this but those are for public events, rally, parades, not necessarily a leisurely baseball practice, right . Well, there was a Ranking Member of congress there, so theres always a security risk, but the reality is i would imagine if these Police Officers in that Protection Unit probably didnt anticipate that something would happen here. This is not where you would expect that, this kind of shooting to occur. I mean, the congressman were at risk, theyre exposed, but its just not a kind of event that you would expect somebody would show up with a rifle and start shooting people. You would expect that more at more organized events where theres a lot of pre publicity about whos going to be there and it may attract disparate groups that may have their own agenda i dont think they really anticipated this problem, which gep, puts them at a disadvantage all signs point to the fact that could have been even worse. Gene west, former Fbi National Academy instructor we have markets slightly weaker. Well be back right after this what are you working on . Let me show you. Okay. Our thinkorswim Trading Platform aggregates all the options data you need in one place and lets you visualize that information for any options series. Okay, cool. Hang on a second. You can even see the anticipated range of a stock expecting earnings. Impressive. Whats up, tim. See options data like never before. With thinkorswim only at td ameritrade. Sorry about the holdup, folks. We have some congestion on the runway and im being told itll be another 15, maybe 20 minutes, and we will have you on your way. Runway models on the runway . Surprising. Whats not surprising . How much money evan saved by switching to geico. I would not wear that lace. Hmm, i dont know . Fifteen minutes could save you fifteen percent or more. Welcome back watch iing the market this is morning as we await details out of alexandria, d. C. Related to the shooting, but the feds statement this afternoon, you might except some compression in volatility in the hours and minutes ahead. Just turning below the all time lows as bond yields continue to compress, this is where the fed can go in cycle. 2. 11 extraordinary. But at the same time, its been supportive of this rally the whole way along. Inflation data soft. Details a little firm there there for a read on the consumer theyre in the middle of their meeting and will give us the statement in a couple of hours apparel prices kind of tumbling, real apparel sale, not that bad doesnt seem like its about to accelerate either same thing weve seen with the overall market taken down the oil and gas sectors coming back. Weve continued to reach new highs. Take down the retail sectors and they continue to reach new highs. Meanwhile, watching crude down better than a buck and a half below 45 as we got more additional bearish Inventory Data at 11 a. M. This morning im glad you mentioned that because this is a big one. Keeps falling below these levels now this morning, michael. Yeah, were redefining what this range was this is definitely the bottom of what the range was right now also happening by the way as the dollar weakens pretty substantially as well so, you have the u. S. Dollar index, 96. 4 right now. Thats also at you know, pretty much post election lows. Back to the november 9th discussion that one day, repricing of everything and then were sort of back to that moment santelli suggested the past couple of weeks that dollar to 96 sort of harbors a potential retest of 185. Which was the level youre at on the ten year just prior to Election Results yeah, there is that kind of big bit of open air. That says there wuasnt a lot of activity between 215 the interesting thing with this happening is that the fed and others will point out, financial conditions are still so supportive, still good. Theyre loose so to speak, so, you know, you can kind of pick whether you want u to go by on the dashboard, the inflation and maybe the disappointing Growth Numbers or financial conditions which say things are almost at record highs yeah, extremely low stress levels and markets are displaying that. If you look at stock and bond volatility, its basically another one of these measures at multidecade lows, so its calm everybodys formulas are saying it seems calm. Theres no stress events we have to be looking out for now, but does it mean when you get a twing to the expectations in the expeck tase. Couple of developments out of washington, d. C. Nbc news reporting that some Court Records now show that the suspected assailant had a criminal history and was arrested in 2006 they have post ed his mug shot from that year on a brighter note, nbc news also reporting the congressal baseball game will be played tomorrow night as scheduled which is as ian said on twitter, a congressional decision we can all applaud. Absolutely. It goes back, when you saw the bombing in manchester at the concert, she brought people back the next weekend, made it bigger and better than ever which is to say were going to live our lives, support the cause were going to support, in this case, the charity and to show theres an element of bipartisan sh bipartisanship here. The interesting question now is whether they have to be more serious about security measures taken from now on. John well, i think its very difficult to secure 535 members of the house and senate. I am sure that in the immediate term, there will be some steps taken to do so, but over the long run, i doubt that is sustainab sustainable. And remember, tax attacks on mes of congress, horrific every time they occur, are still quite rare, so we had the case of Gabby Giffords in 2011 we had this horrible case this morning. But it doesnt occur frequently and i suspect that once things calm down, that well probably go back to the previous situation when members of the leadership had it and others did not. John, i also though wonder if theres going to be calls for people just tone down the rhetoric in general about the president here look at what happened with the shooting in South Carolina they took the Confederate Flag down sometimes, theres a moment where people say this is the right time to do the right thing. Not necessarily because theres a one for one. Is there going to be sense for people to stand up and say enough, enough with the environment of the last weeks and months perhaps, but for a very short time especially if we dont know for sure what motivated this gunman. John, thank you for that. John harwood, well await more developments out of washington as the house meets to hold a moment of bipartisan unit coming out of the alexander shooting. Over to the headquarters and the half thanks. We start this hour with breaking news the latest from the shooting at a congressional baseball practice in alexandria, virginia one congressman wounded, three others injured President Trump announcing minutes ago the shooting was also shot has now died youre looking at a live picture of capitol hill where speaker ryan is expected to make comments any moment now. We also expect nancy pelosi to do the same. Well go there live when those events happen. Kayla is at the scene in alexandria a j

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