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When people feel fear, they rush for safety. We had the yield on the tenyear below 2130 earlier today. Selling of stocks across the board. The dow down 117 points off just slightly yesterday. That is half of 1 . The biggest and hardest it is then not back down almost 1 this hour. In europe, losses across the board as well. Heavy selling in england, france, germany being the hardest hit, 1. 5 right now. Asia overnight, markets mostly lower. All of that and so much more coming up this morning. With me all morning long, fox news correspondent lee gabriel. Wall street economics editor Jon Hilsenra...

For a generation 25 years, you would have a 19,000 gdp per person in the United States. Its not bad. But how do you explain a tenyear that hit 2. 1 yesterday . How do i explain what hitting . The tenyear note hitting a yield of 2. 1 yesterday . Well, if i had known that was coming, i would have done a lot of things that were intelligent five years ago no, its sort of unbelievable that rates have stayed down. I mean, its not what anybody expected, at least i didnt expect that. The other people on berkshire didnt expect that and its you know, i can remember when i was a solomon in 1991 and they ...

Coming off of gdp number, the s p 500 basically flat financials sees a little bit of strength nasdaq seeing the most up 0. 6 and the dow is virtually unchanged. Pete in gerrenajarian, when thar crossed today, what was your first reaction were seeing the numbers continue to be fairly in line, fairly strong. Weve been impressed by those, impressed by the earnings season take a look at whats really reacting to the financials once again. Look at Goldman Sachs and jpmorgan they have been underperformers thats something thats a little bit concerning to me after listening to mr. Buffett talk about ba...

What do i mean by the Bigger Picture . For starters, think about this for a second the fourth largest city in the u. S. Has been taken off line but for the most part, the state and local authorities seem to have it under control. While harvey has been a real tragedy for the millions caught in its path, the Natural Disaster hasnt been accompanied by any man made catastrophes like during katrina. Trumps visit to texas wasnt a fiasco if anything, it was workmanlike the president has had a real gift for being divisive in recent weeks, but if you only focus on the negatives, you miss the good thing...

We are live in springfield, missouri, with all the details. Meanwhile Tropical Storm harvey making landfall again. This time slamming parts of louisiana. Well speak with a states lieutenant governor, Billy Nungesser about the situations there. Talking about harvey, the town of port arthur, texas, now underwater after being hit hard by heavy rains overnight. Were live on the ground there where rescue efforts are now underway. Cheryl well get back to texas of course in a moment but these markets, taking a look at the dow climbing for a second straight day, driven higher by shares of cisco. Goldm...