Positive. It was in sane, and then by the end of the day down 588 points. The worst for stocks since 2008. Then the World Markets fell in asia. Shanghai down eight percent. Look at europe. I want to point out europe. Theyre all bouncing back. That negative feedback loop is broken. We dont have it feeding into the u. S. It looks like a bounce, and we will know for sure in a few hours. Okay. Were watching that christine. We know that its largely being fuelled by choo that and the ripple affect is showing the full affect the last few days. The question is what can china do to stop the bleeding . Were live in beijing with more for us. Will . Investors are in panic mode and pulling the money out of stocks. Since the peek here the shanghai deposit has dropped 42 percent and erasing all of the gains. They were having people in vest in the First Six Months, and a lot of people did. 70 percent of investors are individuals and many people put the savings in the market and now have watched much of that money evaporate. What will the next move be to kick start and restore the market in the market . Well, the government could in vest in the Structure Development and the high speed rail line. There could be a fiscal stimulus to consider the spending and in vestments and then fighting wasteful spending and corruption. Chris and allison as you know its having aaffect in tokyo that was down yet gain today. As you were talking i have my telling me to calm down. One and now, Time Assistant manager and allen, director of the floor trading for dmv trading. Why is my phone blowing up . I have people on the street saying that this is a buying opportunity. We know whats going on with china. They gave us an opportunity and go back and forth with it. Everything is going to be fine. Do they want me to lose my mind . No, this is something that the trading professional really love, but for the individual investor remember the u. S. Economy is growing. The job market is getting better. The Housing Market is getting better. The fed was so confident that it was ready to raise the interest rate. I saw you ringing out a towel yesterday as the market was going to the fifth day. It will affect the world, but lets get the perspective thats why youre seeing it in the morning. Youre ale local analyst. Thats why you can explain it. Why is my 401 k to teethered in china . Well, youre looking at the echos in 2008. When we stopped to buy stuff and the economy tanked, that affected china. They had to start a major program, and they went very much into debt. They have a 3,700 percent and thats over 300 times in the u. S. Thats blowing up, and its coming at a time that the governments are out of the ammuniti ammunition, and they have spent a lot on the economy. Theres a sense that theres nowhere else to look now if the Global Growth falls apart. We have what and why. Where this fits in and other corrections and the term of art. This is the s p related. So end of a six year market and thats a question that they ask everyday on the show and waiting for the bubble to go. We see where the ups and downs are. Now this correction the net to net on it was what 600 points . Yeah. Where is that . Its the biggest one day ever. This is the biggest correction in four years. We have a poll back and we we want four years without the stocks going up. The question is this for the folks. Is this something that matters to me as a regular investor and an opportunity for guys like you to play the game of wall street . Well, any time mark its 3 trillion in a couple of days. You want to take notice to that. You dont want to pannish or sell anything. I would not get back in right away. I think that we have a lot of uncertainty Going Forward and the feds coming out. Are they going to raise and see that. Its not all about china. What is about the oil slide. The Oil Contracts were used to collateralized a lot of big fancy financial in stur rstrume theres 20 million out there and the hot money. Those contracts are winding down and thats forcing it down, and it will stay low for a while. Are you buying that . Yeah, the contracts are out there and people hedge it. Its just going to stay lower and lower. I think that you can see it go down 33. So the oil use some type of a toy and other game. All of that money that the Federal Reserve and other Central Banks dump into the economy following the financial crisis, a lot of it went into trading and emerging markets. Thats why the areas are getting hit and we see that in oil and markets. So we have that for oil defining. Yeah, you had them in 12 a barrel and that crisis, and you got so much oil. I think that were pumping 2 million more barrels a day than were using. Yeah, the saudis usually stop when its pumping. Theres too much oil in the world right now. Yeah. See what happens when you push and pass the 6,000 points . All of this stuff starts to come. Everything is moving. Thats not why its just there are a lot of things concerning. Isnt that a thing for traders are very confused because theres so much uncertainty out there, and its not just china. Its all over. You pick a spot in the world, and its total confusion out there. Al, you were on the floor yesterday when all he can was breaking less. That was not pretty. Say hatis. Well, there was no panic but they were in awe. When it went down a thousand points, no one saw that before. When it broke, we thought that things were going to get bad. We knew that this was coming. Usually you get a correction 18 months. This has six years for a correction. A lot of guys for short, and they started to cover and theres a lot of technical reasons that theyre buying. Yeah, apple yesterday was crazy. It went down big and then higher and then lower again. You have a lot of people saying that i have not been able to buy apple in a long time. So what do you think happens today . Well, for all of this going on and the things that youre trying to make me sweat over, how are the changes that theyre going pop . Well, theres a chance that all of these stocks pop today. What happens the next day. I am not sure. This is not just about a slump but the volatility. The next year two of the markets are going to be up and down. They just are. So how do they compete . One thats worried accepteding the kids to college compete with the fancy guys who comes in here and can get in and out of the markets in nano seconds. Stay in u. S. Blue chips. The american story is still pretty strong. Thats why youre seeing a bounce back. This is a safe house. Yeah, you say that because theyre the solid performers. Yeah, thats a great way for the markets. Do not buy it. Theyre in china. Thats the way to get into the market. Doesnt it feel like the game has change and the ability to pump it up and we can not get in and out as fast as people like you can. Yeah, theres all of this happening and the high trading and all of this happening and dark pools. Youre buying the American Market and holding it. The most important thing is that if youre 18 months away, you should not have it in the stock market. If youre 40 years old, you should have all of your money in the stock market. You need to look how long its going to be until you retire. If you want to talk about playing around in a trade account, thats a different story. If youre a mom and pop saving for retirement or college, you should not be worried about things like this right now. Yeah, you dont have to worry. If youre in it for the childrens education, stay in the market. Things will drop 207 percent. You may take a little bit more of that stock, but daytoday trading. You dont want to do that. Okay. We will have more tips within the hour. Thank you so much for the conversation. You have any Blood Pressure down. I am a nervous investor. That conversation, thank you so much. Lets turn to politics for the 2016 race. The drama for joe biden. The president gave biden his blessing. Will he decide to challenge Hillary Clinton . Were live at the white house and want to know. Reporter yeah, it seems that way. Even though that the white house aides will tell us that he has not made the decision yet. That may be true. There are enough signals out there and sources are saying that its now more likely than not that he does make this launch for the white house in 2016. He talked to president obama yesterday and during which he gave him a blessing to ron and said that he would be there for him. He would back what he is doing and not necessarily endorse, but met with some top former officials and expanding the meetings over the next couple of weeks to include the fundraise ers and listen to this and what the press secretary said about bide yesterday. The president wanted to add joe biden to the ticket as the running mate. He also said that biden is quit possibly the one person in america that knows the most of what it takes to get a bid on if white house. They say that the president would not rule out making an endorsement for the race once everybody gets into it, and that he would not rule out the fact that the president and biden may have been having the discussions of a possible run for some time. The president will be in a strange position between former secretary clinton and vice President Biden if biden does jump in. We have to do it that way if he goes in. Theres no official decision, but we expect there to be a decision within the next couple of weeks. Back to you guys. Were watching it as you are. We have the them on it as well. Meanwhile a defiant jeb bush going head to head with donald trump over immigration. He is trying to defend the use of anchor babies during a border visit, but bungled the explanation. Cnn live in texas. What happened . Reporter allison, good morning. There seems to be a control that the border needs to be secure and its just north and thats not enough to keep drugs and people from illegally being crossed north. Jeb bush was addressing that yesterday, and then he offered some clarity regarding the use of the anchor baby. He said that he was referring to another issue, and not necessarily the people that cross the board legally. What i was talking about was the specific case of the fraud being committed. There are efforts and frankly its more related to asian and coming into the country, having children in that organized efforts and taking advantage of nobleoncepts. I support the 14th amendment. Reporter yeah, the former Florida Governor and they recognize as a serious issue, and its a relatively new one. They dont know the extent of the impact quit yet. Theres concern there that bushs comments from yesterday could be seen as offensive to the Asian Community. Meanwhile the words are on. The Bush Campaign are now releasing a brand new video or really bashing one of the main o opponents and thats donald trump. The war is far from over and only expected to intensify. Yeah, thats why the theories are digging up and its inter t interesting to see if they get caught up. Now to louisiana and the strait trooper being killed. The man may have another length of the death. Chris, good morning. Hearts are very heavy this morning. A state trooper that dead kalted 12 years of life to Law Enforcement and ten of those in lake charles the Police Department and two of those with the Louisiana State police. The plot thickens as investigators say that this man that was charge window td with killing of the trooper is also link today the possible killing of his own roommate. An emotional police kernel describes the words captured on the squad cars dash cam. You can hear him breathing in there and tell him youre lucky. Youre lucky. The authorities believe that 54yearold killed his roommate countering the Louisiana State trooper. We asked a question that he was involved in this, and yes were going presume that. According to the investigators the pick up was stuck in a ditch on sunday. Trooper realized that the vehicle matched the desipgs of a reported reckless driver, and started to ask him about it. The suspect pulled out a shotgun and hitting him in the head according to authorities. I watch that gunshot blast and i saw my trooper go backwards and go to his unit. Good samaritans beat authorities to the scene. This is a hero right there. Investigators say and subduing him with the wounded officers handcuffs. Me and sam handcuffed him, and then we tended to the officer. On age a Law Enforcement officer is killed in the line of duty every two and a half days of the country. Its there in everything that you do. You dont know what is on the other side of the door or whats going to be behind the wheel of the car as you approach. Now he is charged with the first degree murder charges in the killing of this state trooper. Now authorities tell us that they will continue to investigate the killing of the roommate. As for the troopers family, he believes behind a wife and 9yearold son. Theyre going to struggle for some time. Lets surpd them with love. Breaking over night a terror ring busted more than a dozen people detained and accused of detaining fighters from iraq. In the meantime the train terror suspect is a national that moved to spain. He might be linked to an isis cell. Officials have agreed to switch off the loud speakers on the border. The action comes after expressing regret over a land mind injuries two soldiers. An i ndy is remembered as a goodman on and off the track. He died on monday after suffering an injury on sunday. He was struck by flying debris from another car after a track wall. Now Justin Wilson was just 37 years old. He was a big safety advocate in the sport. The death renews question on the open cockpit racing not just a racer, a father, husband. We think of them as the athletes, but at home they were the guy. Theyre the last drivers when i say, theres no windshield. Its just exposed. Yeah. Thats a story part of racing and an old part of racing. Is it something that has to change . Its so krcrazy. We see other crashes that people walk away unhurt then you see this. If he decides to run, the white house could find themselves in a rock and a hard place. Our panel weighs in on the primary endorsement next. Did you know that Good Nutrition is critical for brain health . Brain food, hmmm. Ensure has b vitamins that help support brain health now thats smart nutrition. Ensures complete balanced nutrition has 26 vitamins and minerals and 9 grams of protein. Ensure. Take life in. No sixth graders ever sat with but your jansport backpack is permission to park it wherever you please. Hey. Thats that new gear feeling. This week, these folders just one cent. Office depot officemax. Gear up for school. Gear up for great. Look at us. Ert a nation of checkers. Missing this moment. To check all of the other moments. Really, mom . Just one look. Theyll never notice. Checkers, you can keep failing at trying to sneak a peek. Or, you can change the way you check your phone. Its 30 in the first. Howd you do that . Magic. Acutally, its the Samsung Galaxy s6 edge, with discreet edge notifications. A top source tells our own jeff that Vice President joe biden has the president obama blessing to jump into the 2016 race. How likely is it that he is going to throw his hat into the ring. And then the chief political corresponde correspondent. Well, i think that he has the blessing. The president could be encouraging him. I dont think thats happening based on the conversation with people. President obama was very clearly impacted by joe and really feels what he is going through. I think that he bapwants to giv him his sparks but a lot of people think that he is not going to run. I think that you should absolutely get into a race, and he is saying to follow your heart on what you want to do. Heart and politics. Yes some are a cynic. Why is this tough for the president . Why would he back clinton over biden . Well, hillary has been loyal and they forged a partnership. He did that and is support. Yeah, thats a good word. He kind of seemed to start to throw the weight behind and its a little bit awkward dance. We saw it yesterday. He is on the way out allison. He might as well go out with the conscience. Its no secretsecrete. I think that a lot of the Obama Campaign structure is not around hillary. What youre seeing is the complicatio complications. Nothing to see here. Or honk eer down. Its one thing and starting to something different. One is how she has handled it. For a lot of time a lot believed that she would be the only one in town. I am not sure thats the thing. The other thing with joe biden is that i am not sure where the path is. They you draw a lot of the same voters. What do the sources say what is going on about joe biden . What do they say . Is he going to get in . Are they planning for that . They think that he will not. They think that he is going through a terrible thing. Nobody can describe what kind of a loss this is for him. Losing his wife and daughter and now his son that he was in credibly close. He is going through something that most of us could not imagine going through and wish on anyone. I think that the people are mindful of that, but at the end of the day they still think as we were just talking about that theres not a great path for him. The one thing that we have not talked about is politics and heart, but money. I dont know where he comes up with the money with super pact fundraising or lower dollar fundraising or being competitive at this late stage, its pretty late. I wonder why were ignoring it. It putting the water on the idea of joe biden running. The reality is what is the biggest to the pathway and he is not building an organization. Once you get on the ground in a lot of the states the organization wins. Its a business. How could joe biden tap into enough talent and you have enough pockets to make himself competitive against the massive clinton machine . Well, it could be hard but theres one thing to remember. There are a lot of democrats that are not apart of the hillary organization, so if it was jeff that he was hunk erred down and its a real democratic strategy. Yeah, a huge thing in the democratic party. Now to jeb bush. Here is how he explained the term. I was talk about the specific case of fraud being committed. There are efforts and its more related to asian people coming into our country and having children and taking advantage of a noble concept with the birt