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balcony. let s get right to cnn s richard quest, live at buckingham palace for us this morning. richard quest, good morning, how has it gone? reporter: good morning to you. it is an overcast but still dry morning. welcome. i m actually up the road from the palace in trafalgar square, where i think you might be able to see there are several hundred people watching what s happening on big screens. the reason we re in tra it ffal square, throughout the day, the queen is literally commuting through the square, backwards and forwards, palace, manchester house, down to westminster for the lunch, and then later this afternoon, soledad, up whitehall and back home to the palace for that royal wave. on the balcony, only six or seven of them. they re limiting the number of people that had be on the balcony. just the queen, the immediate line of succession, charles, camilla, william, catherine and harry. so, up next from the calendar that i ve read, the queen has left st. paul ....
new york stock exchange here. they said they ll also be listening for any possible stimulus that the fed could hint to. it s something that the market points to a lot. when you see the markets tumble as they are doing, you know, the fed has done this before where it s bought up government bonds in great numbers, basically pouring a lot of money into the market and giving that kind of shot in the arm to the market. there are definitely two sides of the fence as to whether it s really helped the economy. at least it s done so in the short term. so once again, you are seeing stock futures turn around on hopes that the fed chief will say something positive or supportive on thursday. but no doubt about it, you re still going to see the same worries hang over the market today. you re going to see these same worries hang over throughout the week, worries about spain, worries about greece, worries about china. and then our own problems here in the u.s., that so-called fiscal cl ....
do believe right now is him but they are waiting for fingerprint tests to come back and confirm it. this man himself says he is the suspect. he says he is luca magnata. he was caught in an internet cafe and there were reports that they had seen activity on his account. he still had his own personal mobile phone. they figured this gi sooner or later would give himself up in a sense. because he want doing a good job of trying to cover his tracks. let s bring viewers back it last week when you and i were talking about this case. it plays out like a slasher movie. absolutely chilling, the allegations against this man, and what he s done. and he actually put things on the internet that only helped police lead the investigation toward him and toward these gruesome acts, right? it was quite an internet trail from the beginning. so if we recap according to canadian police and this is what they have put certainly in their document and prosecution documents, that he had a per ....
these beaches had been closed for people to get into the water, and we talked to a life guard just the other day about the strong rip currents that they are concerned about. take a listen. so i see the white caps out there. is that safe for a person to get into the water? no. it is not. the thing is with closing water completely, you let somebody knee deep they want to get waist deep. you let them waist deep they want to go in. reporter: what is a rip current? it s a channel of water pulls out to sea, too much water close to the shore, rip current will pull you out to sea, it s gravity. rip current will pull you out 20 to 150 yards at eight to ten miles an hour. reporter: we saw a lot of people out on the beach yesterday, no one was allowed in the water. the life guards made sure no one got in with the concern about rip currents. george howell for us this morning, thank you. we ll continue to check in with you throughout the morning to get updates. let s go to ....
president obama, 45% support mitt romney. the tight race makes for pointed rhetoric. i know governor romney came to des moines last week, warned about a prairie fire of death. that s what he said, prairie fire. but, you know, he left out some facts. you know, his speech was more like a cow pie of distortion. [ cheers and applause ] i don t know whose record he twisted the most, mine or his. with a 24/7 focus on the economy, the soon-to-be republican nominee has begun to paint a picture of what a romney white house would look like, starting with the jobless rate. over a period of four years, by virtue of the policies that we put in place, we get the unemployment rate down to 6% or perhaps a little lower. joining me is former new york mayor and romney supporter rudy giuliani. mr. mayor, you are also a former presidential candidate and a pretty astute observer of politics. let me start out with the broad-brush question, which is give me your most honest assessment ....