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From getting in the race. let's also keep in mind that that so-called conventional wisdom has been a lot more conventional and not so wise this campaign season. enter gabe sherman of new york magazine that writes "in we alty, joe biden is choosing what kind of campaign to run, an active one in which he pgs positions himself as a clinton alternative or a passive one that presents him as an alternative to bernie sanders or any of the other candidates." let's bring in the panel. alex castellanos, are you with jeb, not with jeb? >> i'm like the hard rock cafe, love all serve all. >> my good friend...

President bush still has a lot of good cachet with rank-and-file republicans, particularly in the southern base of the party. and it says to me that jeb is looking to play in the south, that he actually wants to be competitive in a state like south carolina where, you know, conventional wisdom says skip that and go on to the next state. so i think the campaign realizes a couple of things which you pointed out. one, that their back's up against the proverbial wall in terms of where their donors' expectations are and where they are in the polls. but i also think they probably see a further pathw...

Competitive in a state like south carolina where, you know, conventional wisdom says skip that and go on to the next state. so i think the campaign realizes a couple of things which you pointed out. one, that their back's up against the proverbial wall in terms of where their donors' expectations are and where they are in the polls. but i also think they probably see a further pathway to sort of galvanize some new energy for themselves, coming out of the south. >> you know, i agree with you, actually. as a sheer question of strategy i think there's basically nothing to lose. and part of the re...

Rank-and-file republicans, particularly in the southern base of the party. and it says to me that jeb is looking to play in the south, that he actually wants to be competitive in a state like south carolina where, you know, conventional wisdom says skip that and go on to the next state. so i think the campaign realizes a couple of things which you pointed out. one, that their back's up against the proverbial wall in terms of where their donors' expectations are and where they are in the polls. but i also think they probably see a further pathway to sort of galvanize some new energy for themsel...

Happy monday. i'm christine romans. let's get an early start on your money. stocks around the world are higher. looks like a bounce in the u.s. the conventional wisdom is the weak jobs report on friday means the fed will not raise interest rates this year. >> what a tease. >> a big drop in markets on friday. they rebounded back. the idea is maybe the economy is slowing a bit or setback. that means the fed will hold off. big news in company news. american apparel company filed bankruptcy. it is plagued by debt and tumbling sales. atm fees are soaring. a survey finds that the average fee for...