win. thank you. >> my thanks to guy benson and josh kraushaar. that is up for us this week will be back next week for news and commentary right here on the wall street journal at large. thank you so much for joining me. ♪ ♪ ♪♪ >> welcome to baron's roundtable. the ceo of mattel has taken the company beyond boardgames. we will tell you where the iconic toymakers headed next. just in time for the super bowl, gambling stocks you can bet on but we begin with the most important things investors ought to be thinking about.

on thursday it was rate hikes years, friday, russia. what do investors expect? we are halfway through earnings season was what we can expect from major retailers. disney shares surged after a blockbuster fourth quarter with disney plus closing the gap on netflix. ben levinson, jack howell, make :the only make sense is the russian news. this inflation number was astronomical, 7.5% year over year got a reaction on the market but friday the market was looking like it was going to finish higher which is amazing given inflation was so

hot that the market was expecting the fed to raise interest rates by half of one% and it took the news that russia looks like it could invade ukraine. jack: 50 basis points, 25 of what was priced in but powell needs to make a statement. bn: on friday we looking at 80% chance of the basis point rate hike. that came down a bit once the market saw the russian news it came down 50% but it is something out there and it could happen in a way people wouldn't have expected. the inflation number was a game

changer. jack: rates and russia don't work together, and invasion would set inflation higher. is there any good news, concerning support this market? been:companies have been punished, margins haven't held up, but for the most part earnings are holding up. looks like the estimates for the year haven't come down and that is good news. companies aren't coming in saying we will make as much money. jack: let's get a deeper dive into earnings was what are you seeing so far? carleton: it has been a choppy quarter. we had 2 thirds, the s&p 500 have reported so far. earnings are up 39% year over year but when you dig deeper a

third of that is in the energy sector, we are really under pressure to have a better 2021. we say this every earnings season. it is what they say about the outlook and the words you are hearing for management are inflation and supply chain constraints. when you look at the full year it is 8% is companies wade through inflationary concerns. they may raise prices by 10%. jack: even girl scout cookies are having supply-chain problems getting ingredients. retailers are having trouble supply-chain and inflation. carleton: the big ones, looking

at craft times and walmart. . consumers are feeling the pinch. you will see air b&b and marriott. are households willing to travel again? that's part of the recovery we were hoping for since we went into lockdown. jack: jack, one good news from earnings was disney, streaming did well during covid but now park revenues are surging. jack: streaming is the growth driver and parks are the profit center, blowout reports, it added 11. 7 million subscribers. stuck by long-term growth forecast. a different tone than from netflix.

they could provide 3 times the number of subscribers as netflix and could overtake netflix in subscribers as soon as next year. netflix has an streaming for 15 years. disney plus is two years old. netflix led studious was 27 oscar nominations, 12 alone for the dog movie the power of the dog. it is not about canine weightlifting. it is a western with no shooting. i'm picturing he ha but i could be way off. disney had the record profitability. that said to me per capita spending of 40% from pre-covid level. so that might be reasons travel but a lot of it is price

increases including hidden price increases, something that used to be free doing an up charge. you wonder if that would create demand destruction. jack: it is getting pricer and pricier. mattel just regained the license to produce princess dolls elsa and anna from frozen. frozen. why the company needed to get ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it!

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>> the revamped company is stepping in to movies, tv shows and nft. mattel's cultural icon barbie is still the revenue powerhouse

for the comedy. joining his mattel's ceo, thanks for coming on the show. appreciate it. you have had a heck of a turnaround, increasing sales, announced blowout earnings, toy sales are up and you have a rapidly growing media arm. is this mattel's way of getting onto the ipad where my children spend their time? >> we are doing well these days. this was another exceptional quarter. we are increasing share globally for the second year in a row in every measured market. we are doing well, this is very broad-based and as the owner of one of the strongest catalogs of children entertainment franchises we have exciting

opportunities to extend beyond the toy aisle into business verticals directly adjacent to the toy industry, big brands and big franchises so this is what we are doing as part of our strategy. jack: i want to look farther into the future. you've jumped into the nft thing. what are you doing with nonfungible tokens? >> the meta-verse is an exciting opportunity given the strength and appeal of our franchises. we launched an arrangement with 3 of our most iconic cars. we launched another range of selection that was sold out immediately and we launched

another collection with the french fashion house to create an experience to create physical product and the virtual world that is, we see it as another commercial opportunity for mattel. jack: i see the rings over your shoulder. all 3 kids love those. those are great. you have the rights to the princesses from frozen which hasbro had since 2014. how do you win back a princess and whatever kid wants to know, frozen 3 would be nice for the sales, when is that coming? >> this was a great win for mattel. disney princess and frozen together are one of the crown jewels with a wealth of characters and stories to build

on. we are getting the right in 2023. it important for three reasons, it is another very important growth driver, top line and profitability and strengthened our position as partner of choice so as part of being part of the transformation journey we expect to grow from the current levels given our expertise and ability to develop and grow franchises. it will be an exciting addition to our business. >> jack: you have mandalorian. is there incanto? >> this is a wealth of opportunities? we have the toy rides for the

offering of disney princess and frozen. expect a lot of innovation and and exciting product that will please a lot of people. jack: back to the older products, barbie at age 63, hot wheels, how do you keep it fresh? >> barbie is doing well, was the number one property overall globally last year for the second year in a row. it is about mattel's playbook, designing and innovation, execution of excellence, cultural relevance that make our product very timely and timeless. we are seeing that across the portfolio, product resonating with levels we've not seen in years. we are in position to grow our business in 2022, and 2023. jack: we didn't talk about the

new barbie movie. >> this is an exciting project with margo robbie as barbie, in partnership with warner bros. . it's going to be very exciting. shaping up really well. going into production in march. expect this one to be a special offering from barbie. jack: ynon kreis thank you very much. the bengals and rams will square off in the super bowl. once upon a time, at the magical everly estate, landscaper larry and his trusty crew... were delayed when the new kid totaled his truck. timber... fortunately, they were covered by progressive, so it was a happy ending...

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jack: super bowl weekend. bedding is everywhere.

massive marketing campaigns to grab customers, the best way for investors to play sports betting. andrew barry joins us. more than a third of the population can legally bed on the super bowl without leaving their armchairs and that -- it is not just whether the rams will cover the spread but you can wait on everything from the opening antem to the winning team at celebration. >> who scored the first touchdown, and how many yards rams quarterback nat staff are will throw 4. jack: i live in new york, the latest state to legalize gambling. i'm inundated with ads throwing free money on tv if i make a bet. sounds like fun. it does not sound like a solid business plan. andrew: spending a fortune in

hopes of attracting gamblers, caesar's has gone as far as matching deposits of $3,000 but it is a big question whether new york will be profitable given the competitive landscape and state lab is a 51%, more than double the national average. carleton: we were talking about the unique bets, gatorade that will help on guessing that could that lead to gambling addiction problems? do they worry about regulations on profits down the line? andrew: so far it has not been an issue but in the uk gambling is more ingrained, there could be more problems in the us, and

gamblers can place and reach more addiction problems. >> always bet on bary. why do i keep hearing about their years long path to profitability. i thought the path was gamblers lose, the house wins. what are these company spending money on? is it just marketing? do they differentiate themselves from each other? matthew: it is not easy to differentiate yourself when platforms are similar. they hope customers are profitable. it's a question mark. they hope marketing spending abatement there could be consolidation. there are major players buying for gamblers. it is an open question but they are betting there is a favorable outcome. ben: you are a friend of the

parent comedy of fan dual. what about draft kings? matthew:fan dual is better. drafting was known for a pure play for two years. a global online gambling leader owns fan dual. could be better play than drafting. it is a bigger company, more diversified, making money and one catalyst could be an ipo of fan dual. ben:isn't caesar's getting into it? matthew:yes but the good news is they have strong underlying illnesses and very little in their stocks for the online sports betting opportunity. it is a valuable stake.

caesar's is making a big play and online sports betting, willing to spend $1 billion before it turns profitable. pen gaming, there's little in that for barstools relationship right now. jack: we have 15 seconds left. let's do a lightning round. who are you betting on? matthew: i like the underdog for the first super bowl. four points on the spread. ben : i like the rams. matt staffer suffered a lot. jack: i was going to go with andrew or ben. carleton: i go with mary b j blige. jack: the beeline on the rams, i'm worried about joe burrow getting sacked. coming up, roundtable members give their investment ideas for give their investment ideas for the coming weeks.

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jack: you are normally cool as a cucumber but you are saying it is time to worry. jack: 7.5% inflation, price increases are broadening out. that the problem if you like to eat food or use electricity. credit suisse says the consists is optimistic. bond yields are telling us inflation will come down. bonds are not as smart as you think they are.

the 10 year treasury yield in inflation over the following 5 years there was no link because bonds don't know. not only that, in the past week, buying treasury to suppress yield, i'm not a central banker but it is trying to not damage, it is definitely damaging, jack: the super bowl may help us forget about it. let's get actionable ideas. yours is interesting, time to close out of position. ben: >> i recommended buying pelloton. that's a great move. there's a lot of work to be done in the company. time to take some profits. jack: what is your idea? carleton: i'm taking a look at store capital. they are giving you a 5% yield

rate which helps in his inflationary climate and expecting to grow earnings by 9%. jack: that the winning combination. three more, check out this addition of barrons.com. we ... dr. michael youssef: hello, my friends. i'm bringing you today a new series of messages that you do not want to miss one of them. they're eight in number. i had the privilege, with my wife, to go and find that prison-- supposedly prison from which paul wrote this epistle, and i want to show you some pictures because it moved me deeply, almost to tears.