a potential nuclear armageddon with russia. what his staff is saying this afternoon, as we take you live to the white house and to moss couple of i m hallie jackson in washington and with me now is nbc news correspondent josh lederman traveling with the president in hagerstown, maryland. tom costello and global markets reporter with us, too. we saw the big board red, not green like we ve seen earlier this week. talk about why investors are so spooked here. hallie, a number of top advisers telling me interest rates are heading even higher and wall street wanted to seat job wanting to see the job market start to cool and average hourly earnings increasing, and the chair fed has reiterated in the past in order to get inflation down, the job market needs to cool and until it does, interest rates will head even higher a rising rate environment has been challenging for the stock market. that is why the dow is down over 600 points right now. and for companies that increase their
power, yeah. that s not a stretch at all. this will take a huge rebuilding effort. shepard: do you have plenty of help coming from other places? we ve got crews from all over. indiana, kentucky, louisiana, michigan, alabama, arkansas, mississippi, ohio, oklahoma, texas, all points in between. descending on northern florida. they re ready to roll as soon as this thing moves through. shepard: jeff rogers based in pensacola beach, glad it missed you guys. unfortunately, east of there in apalachicola those oyster bays are in peril. phil keating live in apalachicola, right in the middle of it all. how s it looking? reporter: it s still flooded. it s coming from west to east here. you can really notice that down here between the storms building. hot tin roofs, bad day for those. look at it. trashed, ripped apart, flailing.