good morning from cbs news headquarters here in new york. good to be with you. i m anne-marie green. this morning, millions around the world are marking the anniversary of d-day. it was exactly 75 years ago allied forces invaded the beaches of german occupied normandy, france. the bloody mission helped change the course of world war ii. this morning, there was a peaceful sunrise over omaha beach, france. that s where president trump will join other world leaders to mark d-day. ian lee spoke with some of the last veterans of that historic battle. reporter: the last time tom rice jumped out of a c-47, he was surrounded by death and darkness. 75 years ago the platoon sergeant parachuted with the 101st airborne over normandy, france to fight the nazis. this time the 97-year-old dropped into a peaceful europe. beautiful jump. beautiful flight. everything was perfect. today the world remembers rice and all the allied troops who hit the beaches of normandy scrambling every inc
just plain out mandate change. all of these things play a role including on days like today when the dow slid 10 points and the s&p climbed 1.3% and the nasdaq gained .67%. [ applause ] some change is glacial and therefore uninvestable, but other types of change are swift. and those are the ones you need to find so you can buy their stocks on. buy, buy, buy! with abandon. i love behavior change investing. it could be incredibly lucrative and when you have a behavior change theme you can use sell-offs to buy stocks at discount prices that are based on those changes as long as you don t think they re really fads. let s start with the obvious one for today, entertainment. how and what people consume and where and when they do it. today the stocks of traditional entertainment companies like disney, time warner 21st century fox, via com, cbs and discovery got annihilated. [ shots fired ] i don t have much more to say about disney later, but suffice it to say now that disney
sobering and i need you to think about that because that s what we re dealing with right now. you think that this market would have been able to go higher with china being able to mount a pretty big bountiful job gains this month. but if you thoughts that, you would be wrong. first the chinese government propped up to the market last night with all sorts of buying, terrific that it didn t go down. we all know the drill, the communist party is making it up as you go along. the massive rally in 2014, when the shanghai was at 2100. in may of last year when it climbed to 5200. made no sense whatsoever, it was just people throwing money at it, and while the chinese market has managed to come down from level. the sheer number of people who wanted out when the government instituted circuit breakers earlier this week while devaluing its currency, it got rid of the circuit breakers because it has no idea what it s doing. i think the shanghai market would is have at least started the
we re dealing with right now. you think that this market would have been able to go higher with china being able to mount a pretty big bountiful job gains this month. but if you thoughts that, you would be wrong. first the chinese government propped up to the market last nighghwith all sorts of bubung, it wasn t real people. terrific that it didn t go down. we all know the drill, the communist party is making it up as you go along. the massive rally in 2014, when the shanghai was at 2100. in may of last year when it climbed to 5200. made no sense whatsoever, it was just people throwing money at it, and while the chinese market has managegeto come down from 4300 to 3200 the currently level. the sheer number of people who instituted circuit breakers earlier this week while devaluing its currency, it got rid of the circuit breakers because it has no idea what it s doing. i think the shanghai market would is have at least started the process of roundtriping back to where the bu
it, and while the chinese market has managed to come down from 4300 to 3200 the currently level. the sheer number of people who wanted out when the government instituted circuit breakers earlier this week while devaluing its currency, it got rid of the circuit breakers because it has no idea what it s doing. i think the shanghai market would is have at least started the process of roundtriping back to where the bubble started. we should be facing another 30% drop. which is exactly what we used to do when the government encouraged opening accounts and people opened five accounts and borrowed money to put in the accounts. specifically, it s a phony we have lost all confidence in the chinese economy s ability to run either their stock exchanges or for that matter, their economy. and that loss of faith is translating into genuine fear of some sort of systemic crisis that could hurt worldwide growth. there will be fed officials galore talking up the need for rate hikes later this