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Many across the world of course saw this as the perfect "i told you so" moment. a sadly understandable reaction. there is no minimizing 381 sexual offenses in one night. how big an affect is this going to have on the situation? >> hani: so all syrians that i knew were totally condemning what happened, and we absolutely cannot tolerate something like this because it's -- it's not a part of my culture, it's not a part of -- >> anthony: but do you think it will change the political climate is what i'm asking. before it was relatively easy for a german politician to say, "look, have a heart here. ...

The most liberal cities in germany. a city doing the right thing. and on new year's eve, the whole attitude towards refugees, not just european policy, but the whole moral question was thrown into doubt. cologne found itself to test case, both example of tolerance and hope and worst-case scenario. here's what was reported. on the night of december 31, 2015, witnesses saw crowds of up to a thousand men described as predominately arab and north african near cologne central train station. some broke off into small groups, assaulting hundreds of women as they left the train station. police were co...

>> republicans investigating. oversight committee chair trey gowdy told hud to preserve all documents about redecorating. he is trying to see if there is merit to a hud employee's claim they got demoted when they wouldn't blow the budget. >> bret: we will follow it. thank you. stocks down. dow lost 381. s&p 500 lost 30. nasdaq fell 57. wild ride on the markets this week. up next, the first day back in class for survivors of the florida school massacre. ♪

Senator lindsey graham. >> i don't mind having a parade honoring the service and sacrifice of military members. i'm not looking for a soviet style hardware display. that is cheesy. it shows weakness. >> leon panetta, defense secretary under president obama, is raising concerns over the motivation of the parade. any other president you would assume to honor men and women in uniform. with this president, it is worrisome as to what he has in mind. ten minutes past the hour. full disclosure. roller coaster to describe markets is a terrible cliche. i just said it because it fits this week. the bo...

Describe markets is overused and a cliche. it actually fits. more selling could be ahead. bond market selling won't go away. it wiped out 381 surge for the day for the dow. rising bond yields make investors nervous. they make risky stocks less attractive. rapid rise could signal inflati inflation. anxiety overseas has eased for now. global stocks are mixed. paris is lower. u.s. futures are higher. one of elon musk's companies is celebrating with the liftoff, but another is dealing with losses. tesla's biggest quarterly loss ever. blame production delays of the model 3.