lauren and susan. there's a storm coming this weekend, big storm. first to you, lauren, what are you doing? holed up with six kids? three kids, i'm sorry. i'm six. lauren: i'm going shopping after work. stuart: susan, are you going skiing? supersusan ah, stocking up on the fridge just in case. stuart: very interesting. ladies, thanks a lot. jackie in for neil, it's yours. jackie: hey, stuart. happy friday, everyone. welcome to ca view cavuto yoest -- ca view toe coast to coast. a roller coaster of news has sparked wild swings for the u.s. markets but right now looking to end the week in the green. our market experts are here to take you through every twist and turn. also this hour i'm going to speak to the united air pilot who got put on unpaid leave for not getting a covid vaccine. and next hour i'll talk to the new yorker who obtained this body cam video showing migrants

being secretly flown to new york. but our top story today, it's inflation. inflation is sucking the value out of even your favorite value meal. prices continuing to surge higher, even cheap field is becoming less affordable. lydia hu is with us, and she's got more. hi, lydia. >> reporter: it's even reaching the growsly stores as kraft heinz is grappling with inflation, forcing the company to hike prices on many food items. raising prices on oscar mayer cold cuts, bacon, velveeta cheese. the hikes range from 6.6% on velveeta to 30% on oscar my car turkey bacon. they said in a statement, quote: the entire food industry is facing growing and unprecedented global supply shortages coupled with other extreme inflationary pressures on ingredients, labor

and transportation. this is in no way unique to kraft heinz. as a result, the list prices -- jackie, it's true, it is not just kraft heinz. fast food is also a getting more expensive at mcdonald's. prices are going up. prices of meat, poultry and fish are more than 12% higher than a year ago according to government data, and the chain is also contending with rising wages which increased for the business by at least 10%. and it's a similar story for lil' caesars, going from $5 to $5.55, and domino's taking a slightly different approach, it's shrinking the number of chicken wings going from 10 to 8 but keeping the price the same at $7.99. so, jackie, while it's clear that these restaurants are in a hyper-competitive zone trying to

maintain their mar margins and labor forbes these prices that we're seeing -- forces, these prices are probably just going to go higher. jackie: yeah. the prices at mcdonald's going up, you know that's impacting a lot of people across the country. >> reporter: that's right. jackie: thank you so much for that. meantime, we've got a new gallup poll, and according to it, inflation is hurting millions of americans financially. let's hear from kaltbaum capital management and fox news contributor gary kaltbaum and mark matteson. gary, i'll start with you. we've been having this conversation for quite some time. there is that tipping point where as we see prices go up, consumers are going to have to pull back. food is a necessity, right? they're going to have to cut somewhere else. >> yeah, look, it's a killer for the lower income and lower middle class income families, and it's really getting into a lot of things, now a lot of products. and when i see that gas prices

and what they've done over the last year, we're talking about 100-150 billion out of the economy, out of people's pockets with the prices going that much higher. so very tough row to hoe. the only good news, the slowdown in demand may help with the inflation going forward, but that's a double whammy. and, by the way, there's also something called shrink-flation where you're paying the same amount of money for a smaller amount of product and you have to go back and get it quicker, doubling the problem. so if this continues, nothing good answer. jackie: we are seeing it across the board, and you rightly point out gas prices are not helping either. we're also seeing prices for services go up, whatever we need around our homes, etc. and so, mark, you know, you look at the stock market, some of the volatility that we're seeing, you look at what we're hearing from the fed, we're going to have to see rate increases to

curb some of this inflation, yet still experts say it's going to be here for a while. >> well, i think i agree with that. look, you know, i was talking to dr. art laffer yesterday on our academic board, and he put it this way: this administration is running ronald reagan's policies in reverse. ronald reagan cut taxes, he cut regulations, he made it easier for this country to be independent with energy, and this administration is doing the exact opposite. loose money policies, massive spending verging on european socialism and reduction in ability to produce oil and gas and also reducing the spending on the military. so this is a potentially disastrous issue for inflation. but for investors, here's what i want them to remember: historically, inflation has clocked in at about 3.5%. large u.s. stockings have done 10% and small value at 14%. so you've got to put your

portfolio in a position not for the next 15 minutes, but for the next 15 years. and if you're concerned about inflation, long-term equities do the trick. jackie: yeah, i always ask this question, gary, just because sort of anecdotally speaking, in the past when you generally see gas prices go up, they fluctuate based on the market, fluctuate based on supply and demand. but for goods and services, for food costs, for example, once the prices go up, you don't see them come down that quickly. and so i wonder if some of these costs will fluctuate, but some of them are really baked in and here to stay for good. >> they end up what i call very sticky. they don't go away so quick, and, you know, for a very long time i did not have to watch the charts of a lot of commodities. we check 'em three times a day now. and whether it's coffee going into many-year highs or cotton -- cotton doesn't go with anything, right? -- going into

many-year highs, that is cost of everything going up throughout the whole food chain from the producers, manufacturers to the buyers. and when cost of goods go up, profits go down. when profits go down, economy goes down. when economy goes down, markets go down. you get into what is known as a vicious cycle, and all i can tell you is i keep fingers crossed that somewhere along the line the bleeding gets stand. ed. but you have -- stand. ed. but you have an administration that is determined to tax us more and have government spend a heck of a lot more, and that is not good news for an economy that just needs to be left alone for a change. but they have other things in mind. jackie: yeah. consumer prices have risen year year-over-year roughly 7%, at a 40-year high, and people do feel the pinch of that, and they do say there's less discretionary income to spend on things that we want to do within our household. this is like a tax on american families, mark. and then you see this

administration and all the spending, they came in with the american rescue plan and then they did their infrastructure plan, and now they're saying we didn't get build back better, but we're going to try to pass pieces of it in chunks. we want to spend more. >> yeah. they're dead set on spending more and really working this country towards socialism. so what's an investor to do? number one, most investors are very heavily weighted towards large u.s. stocks and tech stocks, extremely overweighted. not unlike the early 2000s when you saw a massive crash in large stocks and tech stocks. investors are not diversified, they're not owning small stocks, value stocks, and they're not globally diversified. to the extent that we do have a crash, you need high quality, short-term fixed income so you can rebalance your portfolio. when the market dropped early in 2020, we rebalanced, sold fixed income if, bought over 200 million of equities, and then when it ran way up, you rebalance the portfolio, sell off the excess equities and buy

back hard income. everyone wants to follow each other in a herding mentality and, unfortunately, that can take you off the cliff. jackie: guys, stay right there, if you will. we've got some news out of ukraine. the mayor of key kiev telling residents to prepare to head to the subways for shelter in case the city is bombed. fox news correspondent steve heir a began is live with the latest -- march began is live with the latest. hi, steve. >> reporter: that's, jackie. the number of russian force around ukraine continues to grow. they're almost surrounded now with russian forces on the border, also in belarus and even moldova. and because of that situation the mayor here in the city of kiev is saying it might be necessary if there is an attack, an invasion, a bombardment for people to actually use the underground metro, the subway system, as a giant bomb shelter. we talked to some people in and around the metro to see what they thought. it's going to take some

convincing to get some of them to go underground during a bombing. >> translator: if they bomb, there is nothing i can do. i will go to a cemetery and lie down. >> reporter: of course, keep in mind russia and ukraine have been fighting in the eastern part of the country now for more than seven years, so for some families they've already been preparing for a potentially larger war like this young man. >> translator: i think war is going to come. good thing my dad has been building a bomb shelter in our garden. >> reporter: so for officials here in ukraine, it's a real balancing act. they don't want to create economic panic, but at the same time, they want to prepare for potential war. jackie: steve, thank you so much for that. as i said, markets are volatile because of this international issue as well. gary, how do you think markets are going to react if russia does invade ukraine? we're seeing that diplomatic

efforts are not working here. >> in real bullish markets, something like this, it would react negatively. in fragile markets like we are seeing, it will react very negatively. the word of -- the worry of the unknown on a daily basis of how bad it gets, how far and wide it gets, who gets involved, that unknown will have an effect while it's going on. not necessarily longer term, but for now. and, again, it's all about what type of market you're in. and if there's anything we know about the last few weeks, from jilt is the name of the game, and my motto's don't blink, you never know what's next. it's at the forefront at all times. jackie: yeah. whenever i look at the stock market, i always say it's that uncertainty that plagues investors. they don't like it. that's when we see these wild thousand-day, intraday swings, mark. and, of course, we're watching the situation overseas very carefully. then you have some conversation that, you know, china a may use

any kind of disruption as an opportunity to carry out some of its own agenda possibly with taiwan, and you just say, wow, i mean, what could potentially happen here? >> well, it's the obvious that this administration is very soft on these december bottoms throughout the world -- despots throughout the world whether it's russia, china, afghanistan. look, it would be really easy for investors to draw a hard core correlation between war and the market dropping. that's not always the case. obviously, war's horrific and no one wants that. but the reality is from december of 1941, pearl hard bork to the end of world war ii, the most horrendous, terrible disaster this world's ever known in the aspect of war and death and destruction, the s&p actually went up 22% per year annually. so you can't draw a hard correlation. what you have to do is create your portfolio in a way that no matter what happens whether it's war, whether it's recession, whether it's inflation, you have to be able to live with that

volatility. and most investors need to do a stress test on their portfolio because they have no idea what kind of short-term volatility they might take on. you've got to stay long term and don't overreact to anything. it's never the right time to panic. jackie: it makes a lot of sense, and i think that's really important messaging, mark, for our investors out there because they look at their 401(k)s, they see their stocks moving around, and it can be very disheartening and unnerving. gary, take that a little bit further. your thoughts on how to sort of brace for this volatility as an investor. you know, how should people be thinking and repositioning? >> mark said something very important, it is long term. we have over a hundred years of history where we've had recessions, depressions, expansions, war with, you name it, we've had it. and just as a recent we were at all-time highs again. my big issue though is the type of market we're in now, we have 30 trillion of debt, 30 trillion of global -- 300 trillion of

global debt. you have an out of control central bank, and i think valuations are elevated. so i take off the long term for a second and say near term i just think it's fragile, and any negative news, i think, takes the market down right to now, and you'd have better opportunities at lower prices. is that a guarantee? no. but i'm a big believer of trying to put odds in your favor in the market. and if a war breaks out in a fragile market, i'm not so sure that's in your favor, but longer term, you bet against america, you end up losing. i'm 100% on that. jackie: mark, final thoughts to you. >> you have to do the opposite of what everybody else is doing. everybody's buying into a big boom for tech stocks and global stocks or s&p stocks. you have to reverse financially. everybody's panicking. look, the s&p's down as of yesterday 9% year to date, nasdaq is down 14% year to date, and people get panicked, and they do the exact wrong thing. they sell when prices are low.

one of the hardest things to do is have courage in your long-term investment strategy, you've got to buy what's going low. all the predictable information about the future already priced into the price today. so it's only unknowable and unpredictable information that moves prices going forward. don't overreact a, diversify prudently. this thing will resolve itself. the next 20%, we don't know which way it's going to go. the next 100% is always up. jackie: okay. sound advice from our experts. gary and mark, have a wonderful weekend. thanks for coming on today. >> pleasure. jackie: well, coming up, leaked video shows federal contractors secretly flying illegal migrants from the border to the new york suburbs. former new york official rob it's reno is speak out about this. he's here with us, so stay tuned. ♪ ♪

your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire

opportunities are all about timing. so if you're turning 65 or retiring soon, it's time to take advantage of a plan that gives you more for your medicare dollar: an aarp medicare advantage plan from unitedhealthcare. call unitedhealthcare today. for a low or $0 premium, get $0 copays on primary care doctor visits, preventive dental care, and hundreds of prescriptions. in fact, plan members saved an average of over $9,000 in 2020. you'll even get free yearly eye exams... and free designer frames. don't miss your shot. if you're turning 65 or retiring soon, learn about our wide choice of plans, including ppo options. call unitedhealthcare today. we'll walk you through your choices and find the right plan for you. catching a good opportunity... is all about timing. so, enroll today, before the moment slips away.

take advantage now. municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free, now is an excellent time to consider municipal bonds from hennion & walsh. if you have at least 10,000 dollars to invest, call and talk with one of our bond specialists at 1-800-217-3217. we'll send you our exclusive bond guide, free. with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income...are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217

jackie: welcome back. shocking new information from an i.c.e. source to fox about the release of illegal migrants into the united states is once again putting the white house on the spot for failure to secure the united states border. peter doocy has the latest. >> reporter: and, jackie, for months the president and the vice president have been telling people thinking about crossing

the border illegally? do not come. but they're still coming. >> and i think that joe biden's got a lot of explaining to do. the american people do not want these people in their neighborhoods, and this is something that joe biden has snuck around. it's illegal, and i do expect congress to hold him accountable. >> reporter: and this is really bothering border protection officers whose hands are tied. >> the border patrol agents understand that. i just came back from a five-day tour on the border speaking to the agents themselves, and they are crushed. they are demoralized, and they basically have had enough with in this administration not allowing them to do their jobs. >> reporter: white house officials have long defended border or policy by explaining the humane thing to do is keep family units together and not turn back unaccompanied children, but now in many cases they're not turning away unaccompanied adult men either. roughly half of them in a dhs study were not showing up to

their immigration hearings. why let them into the u.s. unsupervised in the first place? >> well, again, we have a stringent protocols and processes that we implement here. that includes expelling individuals who come in under title 42 given we are still in a global pandemic and includes those who do not show up will be subject to the repercussions of that. >> reporter: and as we talk about repercussions, i've been in touch with some white house officials who are telling me now that these folks, these single adult men that are being released are not unsupervised. they say that they are all monitored with an electronic ankle bracelet or similar technology, but that is just not consistent with what we are hearing from dhs. they've studied this, they've figured out how many people they arrested, how many people they released and how many people showed up for their hearings, and about half did not report. in the period that they were studied. jackie?

jackie: really troubling. peter doocy, thank you so much for bringing that to us. meanwhile, president biden's planned economic achievements hitting a road bump. two high profile democrats pulling out due to scheduling concerns, and they're not the first to leave the president hanging. reaction now from washington examiner editor-in-chief hugo gurdin. good afternoon to you and good to see you. it seems to me that the president continues on this path and has less and less support, and it's becoming quite evident here. >> yeah, you hit the nail right on the head, jackie. this is becoming an embarrassment to president biden. not so long ago as viewers will remember, stacy abram in georgia had a scheduling conflict so she couldn't join joe biden, now in pennsylvania you have a candidate for senate and a candidate for governor who were invited to join joe biden in his trip to pennsylvania today claiming that they have

scheduling conflicts. as the washington examiner's chief political correspondent byron york was explaining, biden has become poison. if you have a scheduling conflict with the president of your own party, it's the other thing that gets canceled, and you go and join the president. the thing is that he's very unpopular. he's, you know, there hasn't been recent polling in pennsylvania, but back in october there were about 25% more pennsylvanians who were saying he was doing a bad job than were saying he was doing a good job. so, you know, these members of people who want to be elected to the senate or be elected governor of pennsylvania, they don't want to be seen with joe biden. he's dragging his party down. jackie: it's so interesting to me because common sense would tell you if you start to see a trend like this, the pattern forming which we are seeing, as you indicate, that the president might want to rethink some of the things some of the policies,

the direction that he's going. it seems, oddly enough, that the administration's doubling down. they know they're in trouble ahead of the midterms, and yet they're not changing course. >> no, no, they're putting their foot on the accelerator. it's kind of amazing. i mean, the build back better bill, legislation went down in flames, and now in congress the democrats are talking about build back smaller, which is to say breaking that up and trying to pass various elements. and these elements, they don't include real infrastructure. the real infrastructure bill for roads, bridges, etc., was passed last year. what there is in the various constituent parts of build back better are hundreds of billions of dollars of the kind of recruitment for unions, a kind of favor to unions, you know, things which no one, no american, ordinary if americans think of as being infrastructure. but the administration and joe biden just determined to try and foist these things onto people,

the citizens who do not want them, spending more money which is damaging the economy, and he should be watching these numbers and saying, hang on a second, we want democrats to be elected, he wants, so he says, to be reelected in 2024, and he's going about it in the exact opposite way that he should. jackie: well, it's interesting that you say that. some are saying he's saying he wants to be reelected, but he'll be too old. you can see he's struggling as it is, so maybe internally there is a realization that he's a one-term president and maybe, you know, the strings are sort of being pulled elsewhere within the party, the more extreme parts of the party basically saying use the time that you have, try to just ram as much through as you possibly can. >> right. yeah, no, i think that's exactly right. he cannot say he's not running again because that turns him instantly into a lame duck. the trouble is that his own age and, you know, failing capacities -- and, frankly, his incompetence -- make him a lame

duck already when he's only one year into his presidency. it's perfectly clear, and i was talking with senator lindsey graham like six, nine months ago, and he was saying it's if perfectly clear that joe biden isn't really in charge. and you sometimes see him talking in front the cameras and he says, oh, i'm not supposed to take questions, oh, i'm not meant to say that. jackie: right. >> it's perfectly clear that he's being led around by the nose by other people. jackie: hugo, great to see you this afternoon. thank you so much. >> thanks, jackie. jackie: have a great weekend. coming up, with supreme court justice stephen breyer set to retire, there is a lot of discussion of who will replace the judge. we will get some reaction from a former clerk to justice clarence thomas after this. ♪ ♪ it just takes some time, little girl america -- ♪ a little help arrives, everything, everything will be fine. ♪ everything, everything will be all right ♪♪

our responsibility to always put clients first. (other money manager) so you do it because you have to? (naj) no, we do it because it's the right thing to do. we help clients enjoy a comfortable retirement. (other money manager) sounds like a big responsibility. (naj) one that we don't take lightly. it's why our fees are structured so we do better when our clients do better. fisher investments is clearly different. trelegy for copd. ♪ birds flyin' high ♪ ♪ you know how i feel ♪ (coughing) ♪ breeze driftin' on by ♪ ♪ you know how i feel ♪ copd may have gotten you here, but you decide what's next. start a new day with trelegy.

♪ ...feelin' good ♪ no once-daily copd medicine has the power to treat copd in as many ways as trelegy. with three medicines in one inhaler, trelegy helps people breathe easier and improves lung function. it also helps prevent future flare-ups. trelegy won't replace a rescue inhaler for sudden breathing problems. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. take a stand and start a new day with trelegy. ask your doctor about once-daily trelegy. and save at trelegy.com.

♪ >> this is happening in a time where we can get another liberal, of course. the representation more than anything, you pointed it out, first black woman. there's only been two black men -- those numbers are a little shocking. >> and one doesn't represent the black community. >> i always feel like that particular branch of government is so anti-democracy. somebody like amy coney barrett was put in there because she's a white woman -- >> yeah. >> -- who they say shouldn't go against abortion rights, and she's a woman. so that was deliberate, i think. jackie: "the view" hosts slamming justices clarence thomas and amy coney barrett. reaction now from former clerk for justice thomas carrie severino. carrie, good afternoon to you and good to see you. not much surprise there because it is coming from "the view" -- [laughter] your thoughts. >> you know, it's not really surprising because they like to talk about -- first of all, the politics gets a little old.

it's not even about identity, because they said clarence choms doesn't -- thomas doesn't count because he doesn't believe with their views. he's a proud black man, and there's a lot of people like that. and amy coney if barrett could be discounted as a woman simply because of her views or her presumed views, i don't think they even know for sure her views on the life issue, is absolutely insulting as a pro-life woman myself. you know, so they're not interested really even in these broader groups. they really just want people who will line up with their liberal agenda. jackie: right. and president biden is getting an opportunity to nominate someone to the supreme court. he has said, yesterday he confirmedded, it would be a nomination of a black woman. in this case it would be okay to use sex or race to choose a candidate, by the way, not any other cases per se. and, you know, that essentially was a campaign promise that he made, and this is something that he is going to see through here.

>> yeah. and yet that's the commitment he made. you know, it is disappointing to me because i think no one should be disqualified for the office simply because of their race or their sex, and i think there's lots of other candidates from even other different ethnic groups that are just being not considered because of this campaign commitment. but, you know, the thing that's most concerning at the end of the day is, you know, it doesn't matter what color they are whether it's a man or a woman, really we need judges who are faithful to the constitution and the rule of law. and what wore worries me is that his approach to this is eliminating people, again, like clarence thomas, like amy coney barrett, he's eliminating those people even more stringently from consideration. jackie: i think you're right. and yesterday as he was praising outgoing justice stephen breyer, when breyer took the microphone, he talked about the constitution. he pulled out a copy of the constitution and said this is, you know, our job, this is what we have to uphold here. and so i would say you're 100%

right. why wouldn't the president say that he is going to choose the best person to do that job? it's almost limiting to a certain extent what he is trying to do here. >> yeah. this is about a finding someone who's going to be one of nine final interpreters of our founding documents and our federal laws. that's a huge responsibility. we shouldn't be picking them based on what color or sex they are, we need to make sure it's someone who has a faithful approach to the constitution. and that's going to mean we do end up, just like donald trump did, with a diverse bench of people with all sorts of backgrounds, races, personal stories, but the thing that holds it together should be a commitment to the law. and it's disturbing that the president isn't focusing on that. even the other people on the left that we hear and, unfortunately, the loudest voices from the big, deep-pocketed dark money groups in the left who have been pushing breyer to retire in the first place, what they're talking about is give ugh -- give us agenda results, not someone who's faithful to the

law. jackie: i think you're right. carrie, thank you so much for your insights. >> thanks. jackie: coming up, apple reporting record earnings. we've got reaction from tim cook after the break. ♪ party rock is in the house tonight. ♪ everybody just have a good time. ♪ and we gonna make you lose your minds. ♪ everybody just have a good, good -- what you need, and we gotta do it fast. [limu emu squawks] woo! thirty-four miles per hour! new personal record, limu! [limu emu squawks] he'll be back. only pay for what you need. ♪ liberty, liberty, liberty, liberty. ♪ whether you've enjoyed the legendary terrain in telluride, the unparalleled landscape of park city or the famed peaks of whistler,

you face the hassle of lugging your gear through the airport. with ship skis, you're just a few clicks away from having your skis, snowboard and luggage shipped from your doorstep to your destination. with unrivaled pricing, real time tracking, ship skis delivers hassle-free. ship ahead and go catch those first tracks on fresh snow. (vo) for me, one of the best things about life is that ship ahead and go catch we keep moving forward. we discover exciting new technologies. redefine who we are and how we want to lead our lives. basically, choose what we want our future to look like. so what's yours going to be?

municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free, now is an excellent time to consider municipal bonds from hennion & walsh. if you have at least 10,000 dollars to invest, call and talk with one of our bond specialists at 1-800-763-2763. we'll send you our exclusive bond guide, free. with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years,

and offers high-quality municipal bonds from across the country. they provide the potential for regular income...are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763 ♪ jackie: welcome back. apple reporting record blowout earnings. you can see the stock is up almost 6% today. our own susan lyrics spoke to tim -- li spoke to tim cook about the results. >> inflation and the supply if chain crisis is affecting everybody, but as tim cook told me, the world's biggest company has really set a benchmark on how companies can continue to make money despite this ongoing head wuppeds. a record-breaking quarter for an aing making the most money in sales in its 45-year history.

$203 billion of cash on hand, and that's bigger than the value of most s&p 500 companies. 78ing 5 million global -- 785 million global services subscribers. and we're talking about an a all-time record sales quarter for most of their business segments including the iphone which still makes up close to 60% of their total revenue. if you were to point to a weak spot, it would be the ipad with sales lower because of the supply constraints. here's what tim cook told me about the ongoing global chip shortage given that apple was impacted by more than $6 billion over the holidays. cook says, well,you remember, we did say that the december quarter would be more than the previous quarter, which was q4 for them, in other words more than 6 billion. and, yes, the impact was more than 6, and now we're seeing that the march quarter will be less than what we experienced in december. tim telling me that we expect solid year-over-year revenue

growth for this march quarter that we're in, a march quarter revenue record, and we expect supply constraints in this march quarter, the first three months right now that we're in to start off this year, to be less than what they were in the december quarter, the holiday period that ended last year. now, wall street calling it pretty much as perfect a quarter as you can get especially under the current conditions that we're in. at least seven is analyst target price hikes this morning including the influential morgan stanley, raising to 210. and a new street sell bright on apple stock. i also asked tim about the impact from omicron. he says it's really uncertain right now. apple though does continue to make a lot of profits, 40% profit margins. isn't that incredible? so inflation really isn't hurting them and proving, again, why they are the world's first $3 trillion company. jackie: susan li, thank you so much for that.

certainly a roller coaster ride for stocks. apple, you know, that's how we see the market move. we're back with gary kaltbaum and mark matson. gary, reaction from the market has been volatile. we were negative, dow's up 92 points now, but that was a blow quarter from apple and so that's, you know, definitely you have to put some on the optimism in this market, right? >> yeah, well, look, every dollar an aing moves is 16 billion in market cap which is the size of some big, gigantic fortune 100 companies. that's how important it is to the market. and they just continue to deliver. they're a juggernaut, and other stocks go up in sympathy with it. i think you're seeing some of that now. we've been in pretty much a bear market for growth stocks, over 40% of the nasdaq is down over 50%. just an amazing story. and i'm hoping we're getting close to the end. i'm not there yet, but i've been bearish, bigtime bearish since no. maybe today -- since

november. i'm not so sure it's over. the only bull areas right now are consumer staples and oil, and i'm hoping growth comes back. but as of yet, it's not raring itself. but eventually it will because growth stocks usually always win the day when they're ready to go. jackie: yeah. mark, when you look at the price of apple right now, 168, and as susan mentioned some of the targets moving up over $200 for this stock. but you also think about tech and growth as a gary mentions as the sectors where we've seen some of the profit taking here. how should investors be looking at this? >> well, it's very she she -- seductive for investors to think they can get in and out of the market at the perfect time. the but the reality is a manager's ability to predict the right stocks in the past and their ability to continue to do that in the future is zero to no correlations whatsoever. so the trick for investors is not to get sucked into picking individual stocks, not to really

get a fantasy reality that they can beat the market consistently, but to diversify globally. look, small stocks and small value stocks have dramatically overperformed over history, large u.s. stocks. and if you look internationally are, many people don't own emerging markets, they don't own asia and europe, and i think they're making a huge mistake. don't fall in love with your stock portfolio. you want to globally diversify. modern portfolio theory, how do you combine assets in your portfolio that have dissimilar price movement so when one stock crash or one sector crashes, your portfolio isn't going to get gutted with everything in one asset category. it's critical. everyone says they want diversification, but you have to measure scientifically, and you have to be globally diversify pded. jackie: very important points, mark. gary, i want to go back to apple for just a moment because something i think is interesting, you know, to our previous conversation on inflation is that inflation,

these high prices for apple products, they haven't really dented consumption out there. and so i find that to be interesting, you know, given the backdrop that we're seeing where people feel squeezed in other areas. somehow they'll still pay up for an apple product. >> apple's an outlier. apple has created this magnificent ecosystem where i think they did almost 15 billion in wearables and accessories, 20 billion in services. so they've created this magnificent, gargantuan monolith. so that's quite different. i will promise you though in time the -- time if inflation worsen pes, it's going to affect the ability of the consumer to purchase going forward. so something we have to watch very closely, and that's just pure one plus one equals two. it's economics 101. less money in the pocket gets tougher. and with an already indebted consumer as well as government,

not a good thing to see. so, again, in hopes that the inflation does come down, but paul volcker is gone and i'm not so sure jay powell has any interest in doing what needs to get done. jackie: i hear you. seems like apple continues to be a little bit of a unicorn for now, but we will see how this plays out want to the rest of the market. gentlemen, great to see you today. thank you so much. >> thank you. >> pleasure, jackie. jackie: coming up, we're going to speak to one united airlines pilot who is the cofounder of airline employees for health freedom. she's been placed on unpaid leave for refusing to get the covid vaccine. ♪ ♪

you're a one-man stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire

wanna lose weight and be healthier? it's time for aerotrainer. matching your job description. a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design

and four patented air chambers create maximum muscle activation for better results in less time. it allows for over 20 exercises. do the aerotrainer super crunch, push ups, aero squat. it inflates in 30 seconds. aerotrainer is tested to support over 500 pounds. lose weight, look great, and be healthy. go to aerotrainer.com. that's a-e-r-o trainer.com. ♪ jackie: welcome back. officials in los angeles are looking to clear out homeless encampments near sofi stadium ahead of the super bowl. kelly o'grady is live in los angeles with the latest on this. big problem, kelly. >> reporter: it is, jackie. there's a lot of frustration on the ground here. businesses, residents, the homeless themselves are questioning the timing of this cleanup as tourism and celebrities are about to descend on los angeles for the super bowl. at the last count, 66,000 were experiencing homeless here, so this problem isn't new.

earlier this week, crews in hazmat groups cleared the encampment, a strategy that's evidence of the failure to address the housing crisis. the department of transportation cited safety as the reason. caltrans said, quote: this encampment was identified as a fire risk in november due to the presence of a fire pit and hazardous use of electrical equipment. it was cleared to protect the safety of the traveling public. november is two months ago, is so the timing of this just weeks before the super bowl has businesses frustrated about the sudden urgency to do manager about the problem. >> it can't be coincidence. it's two weeks away, like you said is. i don't think it's because of the fires, i think it's because of the super bowl. they shouldn't just do it for one day, one game, just because people are going to come in. i think they should try to find permanent solutions. >> around -- along with this weekend's nfc championship game, most government solutions for this vulnerable population have

been superficial quick fixes. businesses assert these camps have been impacting their livelihoods for years, deterring customers from visiting. and it feels like groundhog day. san francisco hosted the super bowl back in 2016, they used similar measures to hide their homeless problem, so l.a. residents are concerned about the same results after the super bowl's over, the encampments will come right back. jackie: you're absolutely right. you have to address the root causes obviously problem as wel, and that's something they are not doing. kelly o'grady, thank you so much. one united airlines pilot says she's blocked from finding a job or accessing her 401(k) for refusing to get the covid-19 vaccine. joining me now is pilot and cofounder of airline employees for health freedom, sherry walker. i'm so glad you're joining us today. let's go ahead, first, by asking you to briefly outline and

describe your experience, the pushback you received and where you are right now. >> hi, jackie, and thank you. yes. myself and two cofounders are leading 2,000 plus united employees in a lawsuit against our company for violates of title vii. we asked for reasonable accommodations in lieu of the covid vaccine, and we were summarily denied and put on indefinite unpaid leave. we filedded a lawsuit in the fifth circuit, and right now we have appealed the preliminary injunction and are waiting for a ruling in the fifth down in new orleans. jackie: talk to me about the hardships you have faced as a result of this. this is a lengthy process to figure it out, but, you know, you're a human being, and we're talking about not getting a paycheck here. we're talking about not being able to have health benefits. these are real issues. >> sure. after the temporary restraining order was lifted, approximately -- well, slightly over a thousand of our pilots

and flight attendants were put on indefinite unpaid leave. we lost all medical benefits, so so i'm paying five to six times more at cobra rates. we were told at first we couldn't get outside employment, then i was told i could go back and throw bags for $12 an hour. and those who did apply for those jobs, the computer system automatically kicked back a you're not vaccinated, you don't qualify for the job. so some folks tried to apply for outside employment. they were told that we have no-compete clauses, and now they've tried to access their savings and their 401(k), and those that are under 59 and a half like myself do not have access to that money. so it all stems from the fact that united wanted to have its cake and eat it too, it wanted to keep us as active employees which means at any time with two weeks' notice we could be called back versus inactive which then would have triggered furlough

protections, allowed us to gain employment. so it would have put the other pilots and flight attendants on restrictions so they couldn't pick up overtime. jackie: that's interesting. they've holding all the stringings. they're making it convenient so they can bring you back if they need to, but you're stuck in this difficult position. let me ask you a rather personal question. it might have been just been easier as a result of what you were facing to go get the jab, right? did you ever consider that, and how did you weigh the benefits and the risks there? >> i never considered it. my faith is such that i'm strong and will be fine, and if it means a career change, that'll be fine too. i believe the judge in his dissent pointed out the critical nature of the crisis of conscience. no person should be faced to choose between feeding their family and their faith in their god. jackie: you're right. good for you. that's incredible resolve. let me just ask you this in the final moments we have. we're also dealing with a labor

shortage around the country, so mandates have become a huge issue. we've seen so many disruptions within the airlines, and they've said, oh, no, that's not what happened here. your thought as. [laughter] >> i find that really interesting because right now we knew in advance of the christmas rush they'd already put out memos saying we'd be short. omicron has raged at the company, and we have -- one pilot even due to the overtime afforded $180,000 paycheck for the month of january. we've got people out here starving. the company's paying three to three and a half times overtime, and that can't be good for the shareholders. jackie: sherry, thanks so much for coming on today. we did reach out to united airlines for comment, and they said they have nothing to share at this time. we'll be right back. >> thank you. ♪

♪ .. .. ♪ if you used shipgo this whole thing wouldn't be a thing. yeah, dad! i don't want to deal with this. oh, you brought your luggage to the airport. that's adorable. with shipgo shipping your luggage before you fly you'll never have to wait around here again. like ever. that can't be comfortable though. shipgo.com the smart, fast, easy way to travel. when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know

that's especially true when you're looking for a medicare supplement insurance plan. that's why we're offering "seven things every medicare supplement should have". it's yours free, just for calling the number on your screen. and when you call, a knowledgeable licensed agent-producer can answer any questions you have, and help you choose the plan that's right for you. the call is free, and there's no obligation. you see, medicare covers only about 80% of your part b medical expenses. the rest is up to you! that's why so many people purchase medicare supplement insurance plans like those offered by humana. they're designed to help you save money and pay some of the costs medicare doesn't. depending on the medicare supplement plan you select, you could have no deductibles or copayments for doctor visits, hospital stays, emergency care and more! you can keep the doctors you have now, ones you know and trust, with no referrals needed. plus you can get medical care anywhere in the country, even when you're traveling. with humana, you get

a competitive monthly premium and personalized service from a healthcare partner working to make healthcare simpler and easier for you. you can choose from a wide range of standardized plans. each one is designed to work seamlessly with medicare, and help save you money. so how do you find the plan that's right for you? one that fits your needs and your budget? call humana now at the number on your screen for this free guide! it's just one of the ways that humana is making healthcare simpler. and when you call, a knowledgeable licensed agent-producer can answer any questions you have, and help you choose the plan that's right for you. the call is free and there's no obligation. you know medicare won't cover all your medical costs. so call now, and see why a medicare supplement plan from a company like humana just might be the answer.

>> the border patrol turned their back on secretary mayorkas but complaining about the way the president is not giving them the resources they need to do the job. the president has left border patrol in deplorable condition. >> texas governor greg abbott blasting the biden administrator is border

crossings show no sign of stopping as republican lawmakers are lambasting homeland security officials forgiving money and attention to a new climate change program. hillary vaughan has the latest. >> reporter: this is a new dhs program focusing on the climate crisis, not the border crisis. climate change professionals program would train the next generation of climate experts, a new 2-year program to help them adapt to climate change but some republicans say it is tone deaf and the distractions what dhs should be doing. house republicans writing this. we are concerned this initiative is a misuse of taxpayer dollars, an attempt to distract the american people from failure to secure the border and dangerous reintegration -- reorientation against protective rest of the homeland. texas governor greg abbott was

on foxbusiness this morning. he said the state of texas is taking up the tab for what the federal government should be doing, securing the border. >> deploying more resources to the border, texas taxpayers alone in the next two years spending $3 billion to secure the border, more than with the federal government is spending. >> reporter: this as the biden administration fails to keep illegal border crossers out, new fox video shows dozens of single males being released into communities across america. the white house with new reaction defending the saying they're using technology to track them. 80% of noncitizens released from dhs prosecutor -- receive

notice to appear or are within their window to report and anyone who fails to report may be prioritized. through this process these individuals are monitored by an ankle bracelet or similar technology. they may be being monitored with an ankle bracelet but that does not prevent individuals from committing crimes which is what we had given rabbit say is plaguing border town ranches and neighborhoods, being vandalized and burglarized which comes with a big price tag. >> a lot of big issues. i want to get reaction from republican congressman ted budd. president biden's administration said we are telling them not to come but migrants kept coming. we are introduced doing -- reinstituting remain in mexico

but they are not enforcing it so they keep coming and we see images like that and they are spinning it with misinformation. the bottom line is we have a huge crisis at the border being overshadowed by all the other crises the administration needs to put out. >> right before thanksgiving i was down with border patrol agents, they were off duty that day, said i'm sorry, have to go on duty, called for backup. were lucky their radios reached over the mountain range. said thing is they will be back on the street in a matter of days. what we need to finish this wall, steel and equipment sitting there had been idle since january 20th since biden was inaugurated. they said we need this wall. we need an administration that

has are back. and they do not. it is tragic what the biden that ministration is doing to border patrol agents. these are hard-working men and women, first or second generation americans themselves but we need to have immigration the right way. we let 1 million people come to this country the right way and need to keep that up but need to stop the illegal flood at the border. jackie: we saw 2 million people come into this country illegally putting so much strain on the system. one of the tenets of this country is people in a great here and that is what america is. no one is saying it shouldn't be. we are saying you've got to follow the rules. you've got to follow the procedures. so many people agree with that yet this administration is not acting on it. you mentioned border wall materials just sitting there.

never had any intention of finishing that wall. >> what's worse, i talked to sheriff's in north carolina, 3200 counties around the county but every county is now a border county because of the policies of the biden administration. donald trump have law-enforcement's back. we were working to make things better. we were building the wall but under biden it is a train wreck. it is unforced errors on his part. jackie: the report hillary laid out. you have in administrating -- administration allocating money, the we can adapt to the climate change crisis but not addressing the real crisis, it is infuriating for some people in this country. >> so much of this agenda is

about crowding out real things that need to be dealt with. folks actually need help with inflation. i'm talking to moms and parents trying to feed their families around north carolina saying it's too easy to carry $100 worth of groceries not because everyone has gone to the gym but groceries are so extensive. all of this is problems. right there in texas with governor greg abbott, oil-producing regions, they shut down pipelines while approving it to northey stream 2 which emboldens russia which is why you are seeing it on the eastern border of ukraine. jackie: i want to dig deeper into the inflation issue which is plaguing americans. 49% of americans say they are experiencing financial hardship

because of rising prices. that is half the country. this is a president who said he was going to unify, help people, they were going to have better quality of life and here we are. >> you to fix this my making it easier to go back to work. your airline pilot with united, you have to stop these mandates. what you have is the government throwing up program after program and tells people to stay at home and not work so too much money is milton friedman the economist would say chasing too few goods because the producers are intended to stay at home. he has things backwards. jackie: people want to blame the pandemic, it is not president biden's fault, he didn't do this. it started when you pay people

more to stay home than they would get to come to work and it is a catch up game we could not fix until now. great to see you this afternoon. new york gubernatorial candidate rob astorinoh obtaining a video showing illegal migrants eagerly flown to new york. tell me about the video we just saw. this administration has said absolutely not. this is not happening across the country. but we see images like this. >> totally out of control. they lied to me and the public, they deflect when you ask questions and call you racist but we kept going forward because people have a right to know. this video shows clearly not only flights coming in late at

night which we had known since april of last year. we. the lit office in august. we had video back then. it is on my website at any of our social media sites. we asked who is coming in? where are they going? have they been vaccinated? we are a restriction in new york. public safety issues and they wouldn't answer. they are saying it is just unaccompanied minor children. they were men coming off those planes and they would drive these men to a costco parking lot. out they go into waiting cars where nobody knows. those basic questions the government is not telling any truth on.

they are lying and as the video is clear in the conversations between the police officer and the government contractors. they admit they do it under cover of darkness. they don't want the media to know, they don't want the public to know. they didn't want to show their ids to the police officers. this is the most basic question like who is coming in? nobody is giving us answers. jackie: so many conversations about hardship on border states. people are coming across and being dispersed into other parts of the country. explain what the trickle effect becomes for new york state when you've got secret nightlights coming in and people disappearing in the system. they become a strain on the system even if you don't know they are there. >> that is correct. we were asking not only the

federal government but governor kathy huchul what is the deal? do you know who is coming off these planes and why they're going to places like westchester and surrounding suburbs? who are they? what are their background checks? do we know? the kids going into schools that require services, extra teachers. citizens, americans are getting services taken away. going into hospitals, getting all the services citizens are getting. these migrants are getting. the men that are getting off those planes, that is a bigger danger because we don't know where they are going to. they do a great job showing what is happening -- jackie: still has been all over that. >> they are moving into the interior of the united states. every community. we are all under a border

crisis. based on actions by the biden administrator. jackie: you are running for governor. what do you plan to do? >> if i were governor now in this is going on next year we will demand information. who is getting off those planes, where are they being resettled, who is paying for this, what services are they getting. are they vaccinated? i'm a new yorker. i have to show vaccination passports and proof of vaccination to go to a restaurant. my kids are masked in schools. those coming here illegally are being treated like everything is normal and they get what they deserve and normal citizens -- the most basic

questions. jackie: taxpayers want answers to those questions. great to get your perspective and your insight. >> thanks for covering this. of the 16 ukraine's capital bracing for a russian invasion as the kremlin send more troops to the region. live report from kyiv when we come back. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates,

whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. ♪♪ chef, can we hire another hostess? umm... psst. yeah. i was gonna add an exclamation point. thank you. clover does that. this is really good. secure payments, the tools you need, people who can help, we do that. talk to a clover business consultant today hearing is important to living life to the fullest. that's why inside every miracle-ear store, you'll find a better life. it all starts with the most innovative technology. like the new miracle-earmini, available exclusively at miracle-ear. so small that no one will see it, but you'll notice the difference. and now, miracle-ear is offering a thirty-day risk-free trial. you can experience better hearing with no obligation.

call 1-800-miracle right now and experience a better life. do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. if you have $100,000 or more of life insurance, you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit coventrydirect.com to find out if your policy qualifies. or call the number on your screen. coventry direct, redefining insurance.

as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable nationwide network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable nationwide network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers.

so boost your bottom line by switching today. comcast business. powering possibilities.™ jackie: ukraine on edges russia sends more troops to the border. the mayor of kyiv saying people should take shelter in the subway. greg palvott. is next. >> reporter: they just came back from an existing press conference with ukrainian president. the key points. the buildup of russian troops continues. russian jet fighters keep piling to belarus plus around the borders of russia saying there's a distinguished

possibility of an attack and identifying what us troops could be called up. president putin on a phone call with french president macron says they have ignored nato demands to back away from the region and the response washington delivered earlier this week. they say they won't attack, no room for compromise yet after the revealing press conference with vladimir zelinski, he spent most of the time tapping down fears of invasion saying they so no immediate indication of an incursion. those experts real concern about those russian troops. >> there are too many of them, any provocation and probable escalation may be triggered. accidental provocation or not accidental. >> reporter: he wasn't is knocking russia.

he was knocking the united states as well to start an evacuation of the us embassy. he said it was not right. these are the captains of diplomacy. they are jumping ship. we are not the titanic. jackie: he showed preparations being made in bomb shelters. now we are talking about some ways being used as bomb shelters. thank you so much. reaction from defense priority senior fellow danny davis. good to see you. we heard the president of ukraine trying to manage expectations saying the threat wasn't imminent, looking at late february or what happened with your pics. so many factors with respect to timing.

when you have ukraine saying we are preparing bomb shelters what military forces do they have on the ground to defend themselves with something like this happens? >> they are more capable than they were in 2014 when this blue up for the first time and russia sees ukraine, crimea from ukraine, but no doubt we are in the eleventh hour. even though ukrainian forces have improved their military does nowhere near enough to defend against russia. of russia decides to go especially with forces poised across the border in a number of locations they will be able to succeed. it is impossible for ukraine to defend against a concerted russian military action. we need to be ready for that eventuality. jackie: russia is increasing its presence.

that is not a positive sign that we will see a de-escalation. when you increase forces at the border you are saying we are getting ready, making preparation. >> in addition to what your correspondent mentioned, there is in the last 12 or 24 hours reports that medical units of been mobilized to the area. that's one of the last pieces that was in place. that tells you everything armed force needs to conduct an offense of operation is on the ground meaning this could come at any moment. you could wait until after the olympics but it could come tomorrow or later this afternoon. we have to be prepared for all of that and it is so important the biden administration

focused sharply on american national interests and not do anything that could get us caught up in this war through accident or miss calculation get into a conflict with russia. that would be the worst outcome. jackie: the timing is murky. it appears russia would be ready as it is possible but there's the issue with your pics with ties to china and everything across the globe. there are many thinking late february would be more likely. your thoughts on that is what the strategy would be on putin's end? >> physical preparations we are talking about, if the russian diplomats are asking for something possible for the west to give into, there's an outside chance we will put a moratorium on any nato advancement to ukraine which i

recommend because we don't -- they are nowhere near capable of being part of that but russia is asking for rollback to 1997 rolls. it implies the pretext. the pieces are in place and we have to be prepared for that. jackie: president biden made a distinction between what he called a minor incursion. i'm asking a lot of experts, he seemed to tip his hand a little bit when he was talking about that. what's the distinction between something considered minor versus major?

>> my personal opinion, don't know what the president had in mind but based on what i can analyze is he probably means russia may move to take just where the russian speakers are to carve that out. that's what they did in 2008 in georgia. there was strong russian support and russians because in that could happen again though they could go closer to halfway through the country to firm their capabilities. they have force on the ground to make good on that. jackie: thanks for your time, have a good weekend. elon musk slamming the president on twitter, we will tell you what he said after the break.

♪♪ care. it has the power to change the way we see things. ♪♪ it inspires us to go further. ♪♪ it has our back. and goes out of its way to help. ♪♪ when you start with care, you get a different kind of bank. truist. born to care. there's a different way to treat hiv. it's once-monthly injectable cabenuva.

cabenuva is the only once-a-month, complete hiv treatment for adults who are undetectable. cabenuva helps keep me undetectable. it's two injections, given by a healthcare provider once a month. hiv pills aren't on my mind. i love being able to pick up and go. don't receive cabenuva if you're allergic to its ingredients or taking certain medicines, which may interact with cabenuva. serious side effects include allergic reactions post-injection reactions, liver problems,...and depression. if you have a rash and other allergic reaction symptoms, stop cabenuva and get medical help right away. tell your doctor if you have liver problems or mental health concerns, and if you are pregnant, breastfeeding, or considering pregnancy. some of the most common side effects include injection site reactions, fever, and tiredness. if you switch to cabenuva, attend all treatment appointments. with once-a-month cabenuva, i'm good to go. ask your doctor about once-monthly cabenuva.

jackie: welcome back. president biden meeting with ceos of gm and ford. elon musk had a good response to that meeting. lauren: this was the response became in a tweet, quote, biden is a sock puppet in human form suggesting the president is weak and manipulated. the council and the white house have an interest history. the white house invited the largest employers of the united auto workers union to an event for president biden to announce his goal for half of new cars in the us to be all electric by 2030.

tesla is a nonunion shop, musk was not invited. he criticized billback better which grants tax credits and other incentives to unionize companies. musk says the industry doesn't need the government's help but should have tesla's if novel and or mention. tesla sold 551,000 evs last year, twee 7 times more than ford and general motors put together. when president biden touted gm's new plan, investing $7 billion in michigan to get to an ev future musk did take offense. mind you gm sold 26, i'm not leaving off any 0s, in the fourth quarter. that's because of the volt recall problem. jackie: have a wonderful weekend. pulling back on those earlier

gains, hovering your 37,000. this amid reports the white house may be preparing an executive order on crypto currency policy. let's bring in grant midsterlaner. bitcoin has been so volatile and the markets have been volatile too. your perspective. is this a blip or something more? >> it is a blip. bitcoin has dropped 15 times. as a crypto investor, volatile assets, you have to look at the long-term trajectory of the acid and understand these pullbacks are opportunities. anytime you know where something is going and believe in the asset or what will come

with it, when you have a 50% drawback it is a buying opportunity where you are getting a discount, too many people in crypto are trying to make quick money. you have to look at this as a 10 year investment and their these drawbacks and you know the trajectory. jackie: one of the risks is regulation. when crypto came on the scene no one took it seriously and all of a sudden it started creeping up and gaining more of a foothold and regulators started having conversations. it is not because of the pandemic but it was on the agenda. the white house potentially thinking of an executive order to address regulating bitcoin in some way. could that be why we have this pull back? >> i don't think so. it may be potential for that

increase, liquidity but it was time for a pull back but regulation is amazing for crypto. let's take a look. less than 5% is in crypto. they are investing in stocks, bonds, real estate. imagine watching an nba or nfl game and they don't have reveries. when they go into regulation, he is having departments look into it to be a referee if that makes sense but it will draw a lot more investors because it will be more legitimate and attractive different group of people that can expand and grow the industry as a whole. stuart: bitcoin is at 2.6%, 37,000 and change.

>> thanks. jackie: why rihanna and jack dorsey are raising eyebrows over their latest donations, the details when we come back. ♪♪ work work work work work ♪♪ it is in me ♪♪ ♪♪

when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know that's especially true when you're looking for a medicare supplement insurance plan. that's why we're offering "seven things every medicare supplement should have". it's yours free, just for calling the number on your screen. and when you call, a knowledgeable licensed agent-producer can answer any questions you have, and help you choose the plan that's right for you. the call is free, and there's no obligation. you see, medicare covers only about 80%

of your part b medical expenses. the rest is up to you! that's why so many people purchase medicare supplement insurance plans like those offered by humana. they're designed to help you save money and pay some of the costs medicare doesn't. depending on the medicare supplement plan you select, you could have no deductibles or copayments for doctor visits, hospital stays, emergency care and more! you can keep the doctors you have now, ones you know and trust, with no referrals needed. plus you can get medical care anywhere in the country, even when you're traveling. with humana, you get a competitive monthly premium and personalized service from a healthcare partner working to make healthcare simpler and easier for you. you can choose from a wide range of standardized plans. each one is designed to work seamlessly with medicare, and help save you money. so how do you find the plan that's right for you? one that fits your needs and your budget? call humana now at the number on your screen for this free guide! it's just one of the

ways that humana is making healthcare simpler. and when you call, a knowledgeable licensed agent-producer can answer any questions you have, and help you choose the plan that's right for you. the call is free and there's no obligation. you know medicare won't cover all your medical costs. so call now, and see why a medicare supplement plan from a company like humana just might be the answer. jackie: donating to the fund, rihanna and jack dorsey teaming up to sunday for the police. >> reporter: rihanna and jack dorsey providing millions in funding for climate justice

grants, committing $50 million to 18 organizations in collaboration with jack dorsey. some of the groups receiving those grants have controversial and radical views in quitting defunding the police and abolishing prisons was one of them is an organization called black vision was they advocate for minneapolis without policing. another is a movement for black lives. they list 7 demand pushing for things like, quote, the end to all jails, prisons, immigration, detention and civil commitment facilities. the announcement is coming at a time when crime is skyrocketing in many american cities which crime complaints are up 47%. last week compared to last year this time. many are pointing to the defendant police movement for making the problem worse. police are frustrated outside powers are interfering with local safety and undermining the push to keep people safe. >> when you make these laws

that are pro-criminal and have the revolving door of justice that put these violent crimes back on the street disproportionately it is on minority communities. >> the announcement was just made so we don't know when the fund will be distributed. jackie: easy to support the fund the police when you can hire private security. thank you for that. the widow of jason rivera speaking out about the soft on crime policies at her husband's funerals. >> we are not safe anymore. not even members of the service. i know you are tired of these laws. i hope he is watching you speak

freely right now. i am sure our blue family is tired too. but i promise, we promise that your death won't be in vain. i love you to the end of time. >> a new partnership with business leaders across the city in an effort to reduce shoplifting and other crimes. he reported in the post governor kathy huchul was silent on this issue but donors are putting pressure on her to clean up the city and something seems to be happening. >> it has been reported jussie smollett -- huchul has been pressuring bragg, prosecutors in various cities across the

country, philadelphia, chicago, la is famously bad on this stuff. san francisco. the difference between those cities in this city is we do have a business community that is vibrant, not radicalized like tech in san francisco, that will fight back. we have different voices in the media. you have the new york post, the wall street journal, fox news and foxbusiness, we will hold the progressive establishments feet to the fire that media does not do in san francisco and la. you do as many stories as you can, shine a light on the subject like we did on bragg,

alvin bragg is progressive, said what he said, but the pressure was pretty intense, his political future is at stake and there's a good shot that huchul, something i did report. we have the da, new york city partnership, lots of meetings, broke the stories and the business improvement districts, it is a more subgroup of that. i don't think out of in bragg is winning his first message that we are not going to

prosecute anybody to seek jail time for anybody let you blow someone's head off in the middle of time square. there's a lot of crimes between that and nothing. that pressure from the business community, the fact that there is a media with a different voice. we will see how far he goes. i'm talking to business leaders all the time. they told me in the meetings they had without in bragg, he has been accommodative, i'm going to fix this, maybe he is. >> his political future is at stake so it is good to see people putting pressure on him, hard to put the genie all the way back in. there will be some compromise from what we were seeing. charles: as someone who just took the subway it is not pretty. this city is a rough place.

jackie: i'm constantly terrified in broad daylight. i have other breaking news. it is your birthday. charles: oh, god. jackie: happy birthday. can i say how old you are? you did post it on instagram. for so many of us you have been such an inspiration, i am one of those people, happy birthday. charles: one of the best things about this job, and seeing their career go up the ladder. if it wasn't you, it was lydia

monahan, julie greenberg kicked in the rear end right now. that is the best part. trying to make a difference here. jackie: we are proud of you and love you. charles: you bought me dinner as opposed to be buying dinner. i usually pick up the tab. jackie: great to see you. we will be right back. for invee this landscape, leveraging gold, a strategic and sustainable asset... the path is gilded with the potential for rich returns. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire

as a business owner, your bottom line matching your job description. is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable nationwide network. with no line activation fees or term contracts...

saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™

jackie: a newly detected variant of omicron has been detected. experts say no need to panic. jerry willis joins us with the latest. when we hear the word variant, hard not to panic but i hear you. gerri: you don't want to panic about this but you need to know the details. just as the omicron surge is the into reseed a new stealth omicron is emerging in the us and abroad. it may be more contagious and tougher to detect than the original omicron. the good news is it impacts are

less likely severe than previously like delta. similar to original omicron. it has been in new york, california and texas. according to covidlineage.org, it is appeared from asia to europe. most intensely in denmark that is responsible for 45% of cases. only evidence shows no increased risk of hospitalization to those affected and vaccine boosters are pretty effective against this thing. denmark reporting a rise in infections, 40,000 today after a cold in december. it evolved as omicron circulated around the world and has 28 mutations in its like protein. several different from the original omicron strain.

world health organization is not identified this variant as a varied of concern. we reached out to the cdc for comment and yet to hear back. they are counted by the cdc. the total numbers including the variant, this is all ba strains included. it is not something to panic about. but it will lengthen the time it takes the country to get over the omicron wave. this the better. i would rather see it over in short order. jackie: thank you for that. meantime i want to look at oil prices which are heading for the sixth weekly gain amid rising geopolitical tensions amid supply-chain issues, oil trading among $87 a barrel,

reaction from king operating president and ceo jay young. oil prices on the rise the tensions with russia are not helping the situation. many americans feeling pain at the pump and analysts calling for oil to go over $100 a barrel. >> reporter: i think we will see that. the reason is we are not -- companies are not drilling. there is too much on the sidelines. we are investing in other alternative investments. they are not coming back to the only gas business and we don't have the certainty that applies to exxon. exxon makes $6 billion and send $10 billion buying back their stock. why would utilities higher oil prices? you have oil and gas prices at $85 a barrel.

they are not doing it and when you don't have supply, and demand comes up, we have a deficit. then we have oil and gas moving up. jackie: roughly 2 to 3 million barrels a day. the numbers are changing all the time. 2 to 3 million barrels a day of production that has come off-line since president biden took office. many oil companies will tell you we are not building pipelines. they don't look at the future and see investing as a wise option. that is what happened here. the administration will say these companies:routing and price gouging. that is why you are paying more at the pump. >> when you don't have the help from politicians to heavy pipelines.

when we are not drilling because of institutions, people talking -- people are going green, we are never going to go green. we have a delta, 12 million barrels a day. we are simply drill baby drill under donald trump and we were drilling so many wells and all the refineries here. we had enough oil and gas to keep prices down. we are not going to have it. jackie: we are out of time. we will have you back. thank you so much. more after this. d debt? ♪ move your high-interest debt to a sofi personal loan.

earn $10 just for viewing your rate — and get your money right. ♪ (vo) for me, one of the best things about life is that and get your money right. we keep moving forward. we discover exciting new technologies. redefine who we are and how we want to lead our lives. basically, choose what we want our future to look like. so what's yours going to be?

municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free, now is an excellent time to consider municipal bonds from hennion & walsh. if you have at least 10,000 dollars to invest, call and talk with one of our bond specialists at 1-800-763-2763. we'll send you our exclusive bond guide, free. with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income...are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763

hearing is important to living life to the fullest. that's why inside every miracle-ear store, you'll find a better life. it all starts with the most innovative technology. like the new miracle-earmini, available exclusively at miracle-ear. so small that no one will see it, but you'll notice the difference. and now, miracle-ear is offering a thirty-day risk-free trial. you can experience better hearing with no obligation. call 1-800-miracle right now and experience a better life.

jackie: my time's up, charles payne, over to you. charles: have a great weekend, jackie, and good luck shoveling out. [laughter] good afternoon, everyone, i'm charles payne, this is "making money," and right now the bears are basking in the glow of the spotlight. but has really the swing to pessimism gone too far to fast? -- too fast? retail investors are still buying, so does that make them the smart money? meanwhile, apple helps to save the day. bigtime moves this week, so we're going to look into potential winners for next week. my top market watchers or we