There this is the kaiser report we get into it like you probably are used to so if youre not used to it get ready stacey hey max well you know what we have a topic today that is right in your court and that is i know you used to be an options trader on wall street so we have some stories from the Options Market and the topsy turvy world where the black in shoals formula was supposed to get rid of risk it was supposed to help separate risk and reward this paper was published in 1983 the black initials options formula and negative rates are rewriting the rules of modern finance negative Interest Rates have quite literally broken one of the pillars of modern finance as a columnist and central bankers weigh the pros and cons of sub 0 rates and their impact on the world traders have been contending with a rather more mundane fundamental issue how to price risk on trillions of dollars of Financial Instruments like Interest Rate swaps when their complex mathematical models simply dont work. R
Support of the African American senator, tim scott. Help me welcome marco rubio. Reporter like a prize fighter entering a ring, marco rubio took shot at president obama. With a well worn line. Were going to undo the damage that barack obama has done to this country. [applause] now, when i say this, and i say that more than once, then the press says hes repeating himself. Trying to undue the disaster he made at the New Hampshire debate, saying a phrase four times. He seems to have roiferred and threcovered andthe endorsement. Haley healy. I hope hes going to win the state with a tail wind. Recent policies suggests bush remains near the bottom of the republican field in the sait with donald trumstatewith donal. I think hes the most mature guy, the youngest but the most mature. Hes not shouting, yelling and he knows his stuff. Bringing america back to what it was originally, fixing what is wrong. Sounds like donald trump. No, hes too hotheaded. The florida senator is hoping for second pla
This is Al Jazeera America live from new york city. Im richelle carey. New statements from the pope calling out republican candidate donald trump over a stance on immigration. Translator the person who thinks only about building walls, whatever they may be, and not building bridges not a kis christian. He made the statement after traveling back to rome. Trump has made multiple statements on the campaign trail about building a wall between the u. S. And mexico. Supporting deportation for nearly 11 million undocumented immigrants. Trump said if and when the vatican is attacked by isis, the pope will have wished i was president. The pope also spoke about the zika virus. He suggested it may not be against catholic dogma to prevent pregnancy. Brazil where most of the zika cases have been found is a predominantly catholic country. For the first time in almost 90 years the u. S. President is going to cuba. President obama tweeted that he will head to havana on march 21st. He also plans to mee
And im del walters. The road to the white house heating up. Two cases to go until the sarl your and caucuses in nevada. The battle tighter than ever. John henry smith is here with more. Bernie sanders and Hillary Clinton locked in a dead heat in the polls, and the republicans running a close race. Ted cruz inched ahead of donald trump in a National Poll, with the backing of 28 of voters. Unseeding trump who is at 26 . Thats within the margin of error. Its not clear if the survey catches movement in the race. In the latest town hall each candidate talks about why he is the most qualified to be president s. My campaign is not about the past, but the future. What we are going to you. I can say this without any hesitation. Im as conservative as Anyone Running for president. But i am a 15 year conservative, who has proven time and again the capability and willingness to take conservative ideas and turn them into solution. I can guarantee i had more 2am phone calls than the rest put together
This is Al Jazeera America live in new york city. Im del walters. For the first time in almost 90 years, a u. S. President will be going to cuba. President obama tweeting this morning that he will head to havana on march 21st. Well meet with raul castro, and plans to meet with Civil Society organizations, and cuban entrepreneurs. Mike viqueira is live with us from washington. And mike, what is the goal of this visit . Reporter well, the president says there has been progress made in 14 months, del. And he believes, and as do his aids that going to cuba will further that progress. But this is something that president obama has personally wanted to do. There you see him shaking hands with raul castro in panama. As talks had been underway for quite sometime, secret talks brokered by st. Francis in the vatican. And then over the summer in july, the cuban flag being raised in washington over what is now the cuban embassy. In that flag being raised for the first time in 54 years. The United