good tuesday morning, i m erica hill. and i m jim sciutto. some major news just in on your money. new key inflation data finds that americans overall are paying less for items. still, however, some sticker shock out there. will the fed now pause its ongoing rate hikes? we re also closely watching bank crisis fears following the sudden collapse of two regional banks. markets open soon. we will look at where things stand today. plus, loyalty loss. former president trump taking his first stage in iowa since announcing his third bid for the white house, sharpening his 2024 attacks. why he says he regrets ever endorsing florida governor ron desantis. and state of emergency in parts of new england this morning. a dangerous nor easter slamming the region with heavy snow, coastal flooding, powerful winds possible. boy, looks dangerous. that is one big storm. we do want to begin with your money. banking concerns across the nation, we have priscilla alvarez, lauren fox and chri
digging through these records and i found that 465 million guns have been produced in the last 125 years for the american market. it s mostly the vast majority are handguns, whereas, you know, 30 years ago our gun culture was very much hunting and recreation, now it s concealable handguns for self defense. i also wanted to see, you know, we had record gun deaths in 2021, we had nearly 49,000 gun deaths just for that year, and i wanted to see what the effect was of all these guns flooding the marketplace on gun deaths. when i charted them both, the visual was just stunning. they appeared to rise and fall in tandem over the last 50 years. so it really does raise the question what are all these guns doing? are they contributing to gun violence? and it contradicts that argument that the only thing that can stop a bad guy with a gun is a good guy with a gun.