is american ambassador to nato. my daughter an bell la, in the studio, interviewed mr. volcker. he recognized the last name. he said to my daughter, is that man on fox business your grandfather? oh, i thought i would end on a happy note. time's up for me. absolutely. >> i love you dad. stuart: thank you, angela, you're all right. neil, it is yours. neil: all right, well, thank you, pops. all right. let's take a get going here. the market is still rising in the face of higher interest rates. man, oh, man, these are really high interest rates. do you see what is going on in the 10-year? now at the highest level since 2019. we're not that far from 2.40%. the two-year at a multiyear high. so this is a continuing trend here in the face of what will likely be, maybe a sped up, if not increased rate of increases

from the federal reserve. but it is not dissuading stock market right now, the idea maybe the federal reserve is getting ahead of the proverbial curve on this. widely criticized jerome powell failed to recognize this inflation wasn't transitory. now he is responding. i liken it to maybe channeling the inner paul volcker, the central bank chief, who in the late '70s, early '80s, would raise interest rates a half-point, sometimes a full point at a time. i don't know if we'll get there. goldman sachs is betting that we'll see the next two fed meetings produce half-point hikes in the overnight bank lending rate known as federal funds. each meeting a half-point up each time, maybe more after that. meantime here we're following developments that are maybe providing this inflationary backdrop, what is going on in ukraine. but pardon the ukrainians if they're worried about far more pressing issues just like surviving. russian attacks continue at this

point. russia thought it would break the ukrainians, you know, fight. it is not happening. they're not surrendering in places like mariupol which of course have been hit day after day by treich after strike. mike tobin in lviv with the very latest. reporter: neil, speaking of fighting back the ukrainians after a pitch battle have taken over a small suburb. if you figure where that is on the map, talked about irpin. puts it west after the capital city of kyiv. it's a small victory. but it speaks volumes of inability of russian forces to move south, take up positions west of the capital city ultimately with the goal of encircling the city to finish it off. what the russians have been able to do destroy the city of mariupol to put a south. if you look at marry pole,

president zelenskyy said mariupol is completely destroyed. buses were shot at. they went to a town 50 miles west of mariupol. the defense minister says mariupol is a humanitarian disaster. >> russia is now committing a real act of genocide against the ukrainian city of mariupol. for three weeks 400,000 citizens have been surrounded without food, water, light, help. almost without connections. under the bombing of artillery and rocket fire. reporter: amid talk that russian forces are undersupplied and suffering from bad morale, we have video after armored personnel carrier of russians pulling up to a gas station and looting it. that supports the idea they don't have enough to eat. this is the town of kherson, one

of the first to fall under russian control. the u.s. embassy has tweeted that russia has kidnapped 2389 kids from the eastern part of the country and sent them to russia. the area we're talking about is the separatist region, very eastern part of the country. the area that was the backbone of vladmir putin's argument for why he wanted to go into ukraine in the first place. neil? neil: incredible. mike, thank you very much. mike tobin. meantime we're looking at something unique going along the polish border where close to 1000 trucks lined up. it is not by accident. there is a purpose to this. ashley webster with more from poland. what is going on, ashley? reporter: neil, how are you? as the sun goes down on the belarus-polish border that means another day stuck in line for truck drivers trying to get into belarus and russia. it all began protesters said you

can't go into those countries russia sanctioned. the money you're generating from the trade you're bringing could be put towards the russian war machine. they managed to slow the process down. it is backed up and up, more than 30 miles long now are these trucks. tempers flared this morning when those angry drivers confronted the protesters. look at some of the action. [speaking in native tongue] [shouting] [speaking in native tongue] reporter: that polish driver we were speaking with, my polish is not that good i could understand it, but our translator said he basically says we understand people protesting but don't mess with our livelihoods. you know, we're just, i spoke to a russian driver earlier who said, listen, i just have frozen

potatoes on board. i'm headed back to russia. but nevertheless the eu is being called to cut auld tried from poland into -- all trade from poland into belarus and russia. this is one way vladmir putin could circumvent the sanctions by using freight lines to bring items from out of the west. for the time the trucks can continue, but just at a very, very slow rate indeed. neil. neil: looks extremely slow, thank you very much. ashley webster following the developments in poland. and that line has gotten longer, a lot longer. remember this was couple days ago, was couple hundred trucks, now close to a thousand. we'll keep an eye on it. keeping an eye on a growing threat in this country of a cyberattack. something must be up that the white house keeps referring to some data points that something is being planned to target financial institutions or both. we just don't know.

but they keep putting these warnings out. gillian turner with more on what they might be seeing and what we might soon be seeing as well. what's going on? reporter: neil, the white house is saying that they have seen these new intelligence reports that show russia is planning more cyberattacks against american companies. they have put out a warning and even briefed some of those companies in anticipation of this and warning them, they need to prepare as if an attack could happen pretty much at any moment from now going forward. yesterday president biden said that cyber warfare is a capability vladmir putin has but so far in this war chosen not to use it. take a listen. president biden: my administration issuing knew warnings that based on evolving intelligence russia may be planning a cyberattack against us. as i said the magnitude of russia's cyber capacity is fairly consequential and it's coming. the federal government is doing its part to get ready. reporter: this claim from the president though directly

contradicts what we know has already transpired. so far 21 american companies that are involved with lng production including chevron and cheniere were attacked by cyber hackers two weeks prior to the start of russian invasion. the u.s. government internally attributed those attacks to the russians and shortly after the war began, the fbi began working with unnamed pharmaceutical company whose top execs were targeted by russian intelligence operatives, attributed by u.s. government internally not saying it public by russian operatives. the biden team says they have u.s. government systems on lockdown. they're doing everything they can to prevent such an attack. they do say the private sector remains vulnerable. listen. >> we urge companies take steps within your control to act immediately to protect the services millions of americans rely on and to use the resources

that the federal government makes available. reporter: the companies, neil, that are especially vulnerable here who the white house wants to take extra precautions are those involved ion tangentially with u.s. critical infrastructure, things like water, power, energy. those are the critical sectors here that could be working hand-in-glove with the government whose systems are, providing in turn vulnerabilities directly on to the u.s. government. neil? neil: gillian turner at the white house, thank you. wonder what christian whiton thinks about all of this, a former state department official? christian, the administration is all but guarantying something is going to happen, some cyberattack will be unleashed. its intelligence seems fairly direct. what do you make of it? >> they say the intelligence is evolving which sort of implies it is not actual intelligence at all probably a good guess. russia as president biden says

russia has considerable cyberattack capabilities and government, privateers, private citizens who engage in cyberattacks who have been co-opted by the government to put at its disposal. another factor, either the president or ann neuberger said, russia did not go to war with the west tanks at first, certainly not the best troops or best missiles and it held back. we have seen distributed denial of service, nuisance attacks on websites. viasat was targeted with serious attack. the ceo declined to say whether or not that was russia but we have not seen zero day exploits of infrastructure that really matter, stuff that could really disrupt the u.s. way of life, at least not so far. neil: we've had obviously cyberattacks in this country on virtually every major fortune 1000 company, school systems, eastern defense systems, government systems. so there is precedent for this but then it comes back to how

russia even through intermediaries would pull it off or coordinate it. some would argue some of its options are limited now but what do you think? >> no. i think the possibility is much greater. you're right so far what we've seen is mostly ransomware. that turned into a big business a big growth business. that is where i break into your system, i encrypt the files, say you need to put a million bucks in a cryptocurrency in my account. then i will send you the key to unlock your own files. that's mainly a financial crime even though it has been done with nation-state actors in the past but something more significant, again, a zero day exploit, something we don't know about, so vulnerability, that russia, another adversary discovered and waiting to use. that is a possibility, on the flip side the binden administration pointing a finger at the private sector. we at the government have our act together, you don't.

that not entirely true. government is behind, perhaps not the cia, perhaps not highest level of intelligence and communications related to military activities but most financial organizations, especially being private sector companies have elaborate cyberdefenses. sometimes that exceed businesses. so it's a little bit of a mixed picture here. we should be concerned but not panicked. neil: i'm just curious, we have pretty good cyber credentials ourselves. we've always been reluctant to do what the russians or iranians or their operatives do. maybe the thing that it doesn't look good good for us to sort of cyberattack back but that is an option, isn't it? >> it is but you make a good point because when the russians do ransomware or the chinese or north koreans or private group on a hospital, we can't turn around to do that to a hospital in russia. that is actually a war crime. there is this question whether deterrents really works in cyber

war or whether you have to focus more on defense. i think in reality deterrents does work. going on of offensive does work. when donald trump ordered a very limited response to iran attacking a u.s. navy drone, that was widely rumored to be preceded with a cyberattack that disabled iran's air defense, radar, information, its command-and-control. so we can hit back but sometimes it will be asymmetric. sometimes it looks different, can't be one-to-one, because that doesn't match our character and law sometimes. neil: you have to give up sometimes being the nice guy, right? we'll watch it closely. christian whiton, thanks for catching up. appreciate it. >> thank you. neil: we're following ongoing confirmation hearings for ketanji brown jackson, the president's joyce to be the next justice of the united states of supreme court. associate justice i should say. she is getting a grilling from republicans. here is the way it goes though. each senator can speak for 30

minutes, 30 minute rounds of grilling. you have at least 22 senators asking the questions. i've done the math. this session will not end until sometime in year 2024. not really but actually not that far off. after this. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪

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serious allergic reactions may occur. watch me. neil: all right. it's worth it if you make it to the supreme court but man, is it a grilling confirmation process in the interim and today obviously we're getting a sense that ketanji brown jackson is experiencing that up close and personal as will be the case all this week. she's grilled on both sides of the aisle right now. so far no big surprises, no big takedowns, all being watched very closely by our own shannon bream, "fox news at night" host, mothers and daughters of the bible, so many other best-sellers. shannon, you've been watching this very, very closely but so far she seems to be comporting herself well. i'm just wondering where you see this going because it could go quite late tonight, right? reporter: yeah, it could definitely go late. this first round of questioning

every single senator on the committee gets 30 minutes. you noted earlier this could take us to 2024. it often seems like that, probably not more so for anybody than judge jackson who is now sitting in that seat and most of these conversations have been very collegial. she is clearly very intelligent, very well-prepped for this process. she has been through the process, had senate confirmations before. her last confirmation was less than a year ago. this is -- there is nothing else sort of like this confirmation process. so the things she knew she would be asked about she was ready for, guns, abortion, the first amendment, a lot of minutia us legal nerds love to get into ancient cases doctrines, latin words. she is prepped for all that, handling it very well. it is clear the senators, many republican senators, senator graham was very heated about this, very passionate about this at one point, they are not yet over the situation what happened with just sis kavanaugh and justice barrett in their confirmation hearses.

we're not going to do that to you, dig into your personal life, your high school year back, your faith, how that impacts your life. senator graham be there is double standard how conservative woman when they have a chance at these positions versus the way that those considered left-of-center or more progressive the way they're treated and listen, the number one thing everyone here wants to hear from her, what her judicial philosophy, what herr position on the role of the a judge. we have a little about how she sees that role from her. >> i'm acutely aware as a judge in our system i have limited power and i am trying in every case to stay in my line. reporter: she talked a lot, neil, about the fact there are different branches, different, you know responsibilities and judges are not to be litigating from the bench. that is something that conservatives will be very happy to hear. i don't know about progressives

and those further left if they're thrilled with everything she had to say today, but it will be more about digging into her record. those accusations she was too soft into sentencing child porn predators and convicts. that is something they addressed. she defended herself. she will get another chance with senator josh hawley who i'm sure will focus on that issue, neil. neil: i know it is early in the process but could she pick up republican votes? reporter: i think that is possible a lot what restraint a judge had. you go back to the original text. you try to interpret it from the people who wrote that text meant. that is a very conservative viewpoint for a lot of folks out there. probably surprising for some people to hear from this nominee but the president has picked, feels confident that she will represent where he is on the law. so i think that she definitely is probably and with her demeanor, charm, intelligence,

winning over, she had three republican senators vote for her less than a year ago. i think it is quite possible you would see them vote for her again. neil: shannon, america really wants to know right now how you are juggling this with your, great news show late at night, and all the best-sellers you churn out. i told them you just don't sleep, is that about right? reporter: that's probably accurate. and i love what i do, just like you. you're the hardest working man, every time i look up you're doing a show or something else. you know what it is like to love what you do, feel privileged to do it. neil: hardly. you have a great attitude. that is one thing i do not have. thank you, shannon, very much. >> thanks, neil. neil: mothers and daughters of the bible, much more, she is just amazing. another guy that does it all, juggles a lot of committees, oklahoma senator james lankford, homeland security and finance.

senator, on capitol hill the late hours the next few nights, not on the judiciary committee, it does look, still early sir, unless something stunning comes up judge jackson will make it to the supreme court. do you feel that will be the case? >> always been likely from the very beginning. clearly they have the votes to be able to do it if all democrats hold together to confirm her. i'm still withholding judgment. i voted for opposition to her with the circuit court. i couldn't get the most basic shannon talked about, that is judicial philosophy. she is starting to get a little more at this point. that is helpful. i will sit down with judge jackson next week in my office. have time to talk through my questions that i have for her in that setting there is a ways to go and a lot of information be able to come out. neil: you're quite right, senator, you were among the ones that federal appeals court she was up at the time you didn't

think she should be there. is it given unless she explains decisions in more detail, explain some of the decisions in that court, less than a year actually, you could change your mind? >> it is doubtful i will change my mind on this but always, always open to people coming in and giving all the facts. the challenge is what is judicial philosophy. where does the foundation of law come from. the president biden talk about unenumerated rights, anyone that he nominates unenumerated rights. that is nonsensical, the under the constitution things not in the constitution itself. we have a clot the love clarification here. president biden is putting someone forward, he is looking for a concept of a living constitution unenumerated rights. i have to make the assumption he actually put forward now. would be difficult for me to believe some statement what i know in private that is what president biden was really

looking for. neil: senator, if i could switch gears on ukraine, your colleague lindsey graham had said if the russians as he fears use chemical weapons all bets are off, this war is wider. we would have to take to the air and, then all bets are off as i said. do you agree with that, that the use of chemical weapons is a game-changer for potential nato involvement directly in ukraine, ourselves included? >> i don't know what that would be. obviously there is a lot of questions on that. not every chemical weapon is the same as was used before in syria. that was the trigger for us to get involved in syria in a very different way. once bashar assad is laying chemical weapons on his own people, we got in a very different way at that point than we have in the past. that is major issue for weapons of mass destruction and their open use. obviously president putin continues to say ukrainians will do this, ukrainians will do

this. he is laying the predicate for him so use it that is very clear. we should lay down the marker all bets are off. we should make it clear there will be an additional level of american engagement. what the level of engagement is we shouldn't talk about publicly. we should say we have engaged at that point in the past and we need to be able to protect the world and the ukrainian people. neil: all right, senator, thank you very, very much. meantime james lankford of oklahoma following these developments very closely. again there is nothing to hint that the russians would use chemical weapons but of course they have been open to using the supersonic missiles. some would say that is more bravado than fact but the fact russia continues to target civilians at shopping malls and theaters, apartment buildings, maternity hospitals, schools, other hospitals leads many to believe if you can do that you can do anything. stay with us. we'll have more after this.

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neil: all right. you know, pinch me if you haven't heard this before, ford is the latest to say it might have to trim european production particularly in germany because after semiconductor chip shortage indirectly citing a lot of issues going on in ukraine as well. volkswagen has said issues like that are popping up. so far it's not directly cutting back on production but saying some of the parts do come from within ukraine and as a result, it too could be buffetted by this. so you're getting more automakers saying this chip shortage is real. the extension of getting supplies let alone chips is difficult and getting even more so. so we're not over that particular problem. meantime as you probably know we're seeing gas prices, energy prices rocketing up. the iea, international energy agency, has come out with a whole bunch of ideas how you can save on your gasoline.

some are a little self-evident, some are a little patronizing. not driving on sunday thing, seems a little over over the toe that as it may. they're all well-intended. madison alworth following all of that and has the latest. madison. reporter: hi, neil, well-intended but it is getting a lot of pushback because right now americans are so frustrated with those high prices at the pump. in fact republicans are trying to capitalize this by creating voter registration drives at gas stations like the one behind me, right? so after gas prices really shot up we started to see them come back down. but they're still currently at heavily inflated prices. so in order to combat the energy crisis as you mentioned the international energy agency published its 10-point plan to cut oil demand and to help americans and people's wallets. but it is being touted as something that might be a little bit off base and kind of

insensitive t includes points like reducing the speed limit on the highway. promoting no car sunday, pushing for the sale of electric vehicles and eliminating work travel but critics are saying these solutions they're out of touch and they're pointing out they don't help many of the low to mid income workers who have to work in person at service jobs. that's why republicans are channeling that frustration into votes. here in long island they set up a voter registration drive to recruit new republican voters. this is happening not just here but across the country. there are events in arizona, north carolina and plans to expand it further. we spoke to voters here today who registered this morning at this event and other drivers who say gas prices will be driving their decision in the voting booth. >> wasn't registered before to vote. i want to make a change. i registered today. gas prices is a big factor to me. it sucks seeing it the way it is. trying to see a difference. >> democrats are in charge.

4.27. what you see. next term definitely republican. >> when i work they don't give me a raise, gas go up. don't make a cent. it is really hard. reporter: so this group has been out here this weekend. they have been able to register over 30 voters. they plan to continue events like this through long island. when they don't get people registering as voters they get lots of honks you heard that through my report. people showing up registering for the first time like that young man. neil? neil: doesn't take much. thank you very matched son -- madison alworth. patrick dehaan, gasbuddy.com, head of petroleum analysis, very presciently said when we see the first runup in gas prices, neil, i don't think this is a temporary thing. he has been proven right. the big question, patrick, where

do we go from here? >> well, neil, it will be a bumpy ride. motorists feeling reverberation up down, up down, we're in the midst of this. we'll not get clarity for a long time. as long as russia remains in ukraine this will be a bumpy ride, a very painful one. in fact l.a. hitting 6-dollar a gallon average. talking about what is going on the west coast, and there is not a whole lot of relief in sight. neil: there are a lot of ideas people have to pivot, get around some higher prices, obviously don't go too fast, watch how you stop and go all of that. some are saying even though they might be in cars that require a higher level ever gasoline that they will go for the regular unleaded. what is the danger in that if any, pat? >> well you know, neil a lot of people are looking to save those few cents. there is a lot of inherent danger if the manufacturer says premium filling up with regular

especially on force induction vehicles that run high compression. there is a lot of downside risks to putting in too little octane needed. there is a lot to be said. obviously americans don't like slowing down. they don't like curbing their consumption. neil, i tried it myself, driving out to drop my dog off for vacation i boosted my fuel efficiency by 25%, just by going 60 miles an hour. is that idea? no, absolutely not. for americans, there could be a sizable savings if we all just did that, we could drop the price of fuel but it is really not an american thing to do to conserve, right? we're out there driving around. neil: yeah, you know a lot of people have no memory of what last energy crisis was like in the '70s. you had two of them in the early '70s and late 70's. there were gas lines and there were odd even days to fill up your tank, all of that. do you think we could see that? >> you know, i really don't. i think as an analyst some of

those options floated in my head, will they work, will they not? is that going to induce fear. i think there will be a lot of pushback on that. i think there is something that could be said, but again it is not american to do that and i don't think the situation rises to that level. i think you know, people that can conserve and slow down are doing so but there is also people that will complain about 5-dollar a gallon gas and rip down the highway at 80, 85 miles an hour. there are a tale of two different people, those that are conserving, those that hate high prices but don't want to do anything about it. neil: but the no drive sunday thing, you don't think people will do that, do you? >> you know, sundays, part of the weekend, the few days a week that americans get off is during the weekend. so you know, especially neil as the weather gets warmer, we return to baseball i think that is just unrealistic thing for, to ask americans to slow down on one day of the week, the one-time during the week that

they maybe get some off time. neil: all right. pat, i will be the guy honking behind you if you're still driving 60 miles an hour, speed it up and don't do it in the left lane. patrick dehaan, gadd buddy.com, head of analysis. early on, people were saying there is a short uptick in prices he refused to go along with that. he has proven right. we got a lot going on here, the market running up even in the face of these inflationary pressures. we have other pressures too, halfway across the world in china, they have got a real serious spike in covid cases. we've seen a number of covid cases for example, in the new york metropolitan area but across the world as here, not returning to the same restrictions let's say we had at the height of covid, even though in china, they are shutting down shanghai disney until things calm down a bit. stay with us.

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♪. neil: all right. china's airlines now grounded all 737-800s. that was the model jet that crashed in southern china yesterday, all 132 aboard presumed dead right now. now we're hearing india's aviation regulator put the country's fleet of boeing 737 planes, all 737s, not just the 800, what it calls enhanced surveillance after that jet crash. meantime boeing's stock which had tumbled 6 1/2% yesterday, rebounding a little bit today to make up for that but the fact of the matter there are still a lot of unanswered questions. they're still trying to get to the bottom of that. also trying to get to the bottom of a market comeback right now that seems to have the market comfortable with a far more aggressive federal reserve. so interest rates backing up and stocks looking up. we'll have more after this.

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neil: might be the happiest place on earth but in shanghai disney, it is closed. you can't go to visit happy or otherwise. they have had a spike in covid cases there, closed until further notice. jonathan serrie on the spike that has well, a worldwide development going on here. what is happening with this stuff? reporter: hi, there, neil. disney says it is monitoring covid activity in china and consulting with local officials but for now they have no firm date as to when they will reopen the shanghai disney resorts which includes all the theme parks that are so popular there. the company is offering impacted customers refunds or exchanges. the highly infectious omicron

subvariant ba.2 is driving up cases in china and western europe. a surge in cases in the united kingdom is especially what is concerning u.s. health officials because what happens in the uk often happens here several weeks later when it comes to covid activity. for now new cases in the u.s. are at an eight-month low. today new york city announced it plans to ease mask mandates for its youngest citizens starting april 4. >> the numbers continue to show a low level of risk, let me say that again. the numbers continue to show a low level of risk masks will be optional for 2 to 4-year-old students in schools and in day care. reporter: now nationwide federal health officials anticipate that there could be an uptick in cases because of ba.2 but they say they have more tools than ever to deal with it and they

are not anticipating any of the major significant lockdowns that we saw early on in the pandemic. they say though that americans can reduce the impact by making sure they are up to date on their vaccines. neil? neil: all right, jonathan serrie, thank you for that update. the world health organization has been critical of some governments across the world right now that are opening things up, what it says a little too soon. just be careful. that is again from the world health organization. in washington though if things really do get out of hand the money to provide either more remedies for this latest variant, well the well has run dry apparently. chad pergram has more from capitol hill. chad, what is going on here? reporter: we heard what jonathan said, coronavirus cases are climbing in china and the united kingdom but congress stripped billions in covid aid at the last minute from the big omnibus spending bill approved two weeks ago. federal officials say they don't

have enough money to cover the fourth dose of the vaccine if needed. that means the u.s. may not be ready for the next wave. >> you need to deal with covid and the unique part is, there is plenty of money already out there, already been appropriated. more than $300 billion. you don't need $300 billion worth of new covid items. they even admit that. the money is already appropriated and hasn't been spent. reporter: covid testing will not be available for free. that is because the money ran out. people must now pay for their own test to attend weddings. parents must pay for kids to attend summer camp. in private house speaker nancy pelosi upgraded fellow democrats who forced congress to drop the money. >> what do you say the colleagues who nitpick over that? >> i've communicated my message to them half laugh. reporter: the new money could go for tests, therapeutics and vaccines.

but it is unclear if congress can approve a brand new bill. >> i would hope the sensitivities of those to any offset would be equity would be weighed as what we need to do so save lives and livelihood and prevent the creation of new variant. that would be offset. reporter: the u.s. lacked proper tests when omicron spiked. if covid cases rise again, aid to come back to the floor. neil. neil: thank you for that. chad pergram on capitol hill. so do we have something to worry about here? let's ask a doctor internist at northwell health. great to see you again. should we worry? >> we'll get to that in a second. i wanted to welcome you back, neil. i know this is a topic near and dear to your heart. i'm happy to see you back looking well and healthy. we were all worried about you. glad to see you that. neil: appreciate that. >> talk about the ba.2 for a

second. ba.2 is subvariant for the omicron we've been dealing with for the last few months. it swept the country, ba.1 swept through the country quickly. a lot of people got it. a lot of people got gnarl immunity from it which is a good thing. now we're seeing ba.2, they're seeing it in china and europe. as of last week 23% of the omicron positivity cases were ba.2. should we be concerned? not terribly concerned, neil. the good thing is it does not seem to cause disease that is anymore severe or serious than the original omicron did and that was much less severe than delta and the earlier strains. the interesting thing about ba.2 is that it does seem to be even more transmissible than the very highly transmissible ba.1. that sounds a little scary when you think about it, because initially, because if it is more transmissible, isn't that scarier? not necessarily because it does not seem to cause worse disease.

neil: doctor, cutting to the chase with the world health organization latest missive to the world i guess we're letting our guard down too soon. a lot of people going back to complete business as usual. they worry that we're taking this lightly. are we? >> i don't really see it that way, neil. if you look the way china is handling this right now and parts of europe, china shutting down theme parks and shutting down whole cities. a city or two of couple hundred thousand people they're just shutting down, that didn't really work the first time around. if you're trying to accomplish a zero covid outcome it doesn't really work very well. we've been trying that for the last two years. we tried it here. we tried it across the globe and it hasn't really worked. we really will have to learn to live with it and thankfully these new strains are mild, exempt for people who are immunocompromised and the really high-risk populations, it does not seem to be a huge threat. the deaths are down. the hospitalizations are down.

even if cases went up with omicron in january and february the deaths and the hospitalizations didn't tremendously. so, you know, i don't think that the world health organization is correct in saying that we need, that we're letting our guard down too soon. it is time to start getting back to normal a little bit. the enormous economic, social implications that the mandates and the shutdowns have caused to our children and across our society, i think that the remedy ended up being worse than the disease in a lot of cases. neil: i just wondered, what do you tell your patients, doctor? we get mixed messages from some of the big drug companies, moderna and pfizer, you need two shots and booster, maybe four shots, and on and on it goes. is there a rule of thumb, immunocomprised part, what do you tell people? >> the rule of thumb that every patient that walks in the door

has a different story and is a different case and you have to take this on a case-by-case basis. if you were sitting in my office in front of me right now i would say, neil, it is important that you stay current and that you get all necessary protections because of your well-known immunocompromised status. if a 20-year-old college kid walked in here, do i really need the booster, i say you don't. because you're healthy. your overall risk of dying to covid is close to zero. so they probably don't need it. so each case comes in is different. tough look at the risk factors, the overall health and really assess the individual case. this is why the relationship between a doctor and a patient is so important. going through the past two years i think the whole process has gotten a bit dehumanized and blanket recommendations across the populations really kind of removed importance of the doctor/patient relationship where doctor can sit down with a patient, go over everything, say this is right for you or maybe

it's not. neil: all right. we just have to stay calm to your point. doctor, great seeing you again. thank you very, very much. we'll have more after this. >> thank you, neil. have a great day.

>> ridiculous as $3 or $4 or $5 a gallon that's pretty steep. >> they are too high. >> everything is what up.

my guess about 5 miles a gallon. so i might not be going anywhere. >> you cannot go electric overnight. you can afford to buy a car every year even the price of the cars. gotta have what you have and take care of your business now. neil: people are upset and angry and exasperated right now. a lot of them are feeling with anytime soon the right about that the white house as been taking a lot of heat for this, the oil industry not appreciating pointing the finger at them really hundred. hillary vaughn with more of that side of the story. >> oil and gas committees have everything that they need to ramp up production but just aren't they are pointing the blame to oil and gas companies to not doing enough to but what the white house is branding

prudence price hike at the pump. the president facetime with oil and gas ceos but white house press secretary jen psaki said biden did not get gas ceos to guarantee they would increase production but biden did not ask them about it. >> the range of engagements with them as you noted they stated publicly that they should do greater production. >> some ceos left the meeting feeling like it is congress and the white house that could be doing more. >> the budget administration is doing enough to keep the cost low for americans. >> are trying their hardest but not enough is happening. >> in the meantime oil and gas is busy debunking the white house claims that they are to blame, ten oil and gas trade organization representing small mid side producers wrote a letter to the president friday telling him bluntly this. perhaps the worst mischaracterization by you and your administration is when you have said that you are doing nothing to hold back energy production. that is not true.

from the first day of the 70 straight in the very tone and tenor of your administration's attitude towards oil and gas of the u.s. and the people who make it happen has been consistently openly hostile. the letter continued to make the point based on the policy posture of the president and the white house. they say when you look at millions of dollars of infrastructure they will not move forward of the investment if they ultimately think it is going to be a dead end. they also said the administration is sitting on 4000 permits that they have not approved and are asking the president to pick up the phone and call the department of interior the bureau of land management to greenlight those permits. neil: hillary vaughn at the white house. let's get the reed on the whole inflationary pressure. not only on the energy front we

are seeing on the agricultural goods front and a host of other commodities with their prices rocketing. the key advisor group co-owner, we've also got the former ted cruz national finance chair capital founder and ceo. let me begin with you on how far this goes. inflationary pressure is real it seems were gaining traction. unlike prior we are seeing the market how to use the previous most stumbling, bumbling fed leadership in my 25 years of investing assets. this fed so you don't think i beat a little too harsh. let's take a 22nd look back. chairman powell started raising rates in trump's second year on the expectation of inflation the

economy was growing at he was raising rates and how to reverse himself because he was going to throw center recession and massive inflation last year. he sits on his hands and says it's transitory. just as you reported oil and gas prices are being higher as a policy decision but this a administration. is not transitory, would you cut funding and infrastructure and drilling, you could have higher permanent prices and energy which drives inflation across the economy. when you have chip manufacturers in taiwan that reach will and no longer make it the low end shifts which would make for refrigerators and migraines and automobiles, that's not transitory, that is a permanent change for either not to retool to low-end ships to make high-end ship the high-capacity. we have a massive problem, they did not cut the tapering quick enough. they were still buying mortgages

when we had the housing prices skyrocketing. a shortage of houses, to be people buying and not enough builders of houses. lumber prices skyrocketing to the buying mortgage-backed securities until this month. it is a big problem. never tried to play catch-up although they lower gdp expectations to 2.8% this year. by the time they kick it takes six months for fed prices to kick in. were looking at towards the end of this year when a growth is already going to be slowing because of inflation. i think we are in a real problem. >> i'll put you down as a maybe with that being the case, i think is right and that bakes into the cake when the cake is getting pricier and everything about is getting pricier. the market might be pouncing on the notion that in more aggressive and frequent rate

hikes. what is going on with stocks? >> our opinion this is nothing more than a bear market bounce. bear markets you get these rallies that are very violent that's exactly what we seen but i think these investors that are starting to get complacent in our opinion they need to be cautious. the fundamentals networking is the happening in the next quarter with the fed that is tightening and has to be more aggressive in their tightening. anyhow gdp decelerating in earnings growth going down. it is not a pretty picture. i'm pretty bullish but at the end of the day you have to call it for what it is the fed made one of the worst policy mistakes in history by not recognizing inflation was an issue last year. now they're in a lose lose situation because a worse position for them to be in his aggressively tightening while the economy is slowing down and i think it slowing down faster than they have priced in.

i look at this rally from our clients as a way to reduce risk even further because we haven't seen the bottom of this market yet in my opinion my biggest fear right now is people think this is the start of a new bull market. i think they will be sadly mistaken. >> what are you buying in this environment and what defensive position are you taking. >> were being as boring as we could be right now i've been doing this for 24 years and i've never been this parish going into a year. we added the treasury today because of the ten year yield spiking our faults are not consensus, we think the academy is going to slow down that the ten year bond is going to go down. we've also been buying precious metals we added some utilities. those are the areas that we've been putting money to work is on bond proxy type of investments. >> how are you handling this?

>> i don't agree with anything he just said, the economy is slowing and the fed is raising rates of the worst possible outcome. we can go into recession over this. what gas prices every dollar and gas prices is $125 billion at a consumer's pockets. we are over $2 higher than election day, that is 250 - $300 billion out of consumer pocket. that is just at the pump that does not factor in all the cost and the economy around utilities and everything else involved with energy. that will slow our economy dramatically. consumer spending is going to have to drop. we had savings down from 15% of consumers to less than 7% now i think we will drop down to the mid to low single-digit rate is going to be tough to keep us going. >> a lot of people commented on that in the balance sheet hit the fan so to speak. we will watch that. i want to thank you both.

let's go to lydia hu while in another inflationary development. this really concerns what's been going on the fertilizer prices. they have been soaring and you could just imagine what you use fertilizer four. everything that fertilizer goes on will likely go up as well read what is the latest. >> fertilizer prices are absolutely popping and were getting insight from the farmers at the country farm market. here's a bag of the dry fertilizer every year and it used to cost them $12. now it is $23 per bag, that is going to take the total cost to fertilize 300 acres from roughly $54000 in a year to roughly it's happening not just here but around the world since the start of the year fertilizer prices are up more than 30%.

the surge caused by unrest. russia is the largest producer of fertilizer in moscow is no longer willing to sell to the west. this is causing prices to explode. >> we have a lot of concerns unfortunately we might see a lot of farmers barely speaking by if they're able to because of all the increased input cost now were approaching this spring planting season treat some farmers may produce less because they can afford the higher fertilizer prices. economists are morning this can be a global food crisis. here the united states we know grocery store prices for food and the farm expects they will have to hike the prices on the produce by 20 to 30% later this year. neil: thank you for that. i don't mean thank you but a

very good report i don't know if the news is welcome to a lot of people but thank you for letting us know. in the meantime letting you know we have a lot of buying benefiting financial issues particularly technology stocks on this rising rate environment. also benefiting here. we are well-off the blows the nasdaq up more than 12% from lows, the dow has been piling on, the s&p lot. they see the realities and the prices that you pay but they made the prices of what they charged on the street and the stocks pay a little more handsomely as well. stay with us thinkorswim® by td ameritrade is more than a trading platform. it's an entire trading experience. with innovation that lets you customize interfaces, charts

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>> the judge jackson's will continue with the second day. each senator gets 30 minutes to get his or her questions after, 22 on the committee, this is going to go very, very late to put it mildly. but it is still early in the practice, anything can happen. she is holding herself fairly well. republicans questioning her commitment on crime and the

loose rules she has had on the present senate for criminals. besides that it does not seem to be jarring too much from the consensus that she's dealing with this okay. it is still early but so far so good for her. david spunt following it all. where are we on this. >> it's bingo we gone for four hours. it is still early in the process if that gives you an idea of how long of a day this'll be for judge ketanji brown jackson. same situation for tomorrow. chill here first editors for 20 minutes. i want to play a clip shortly after she took the chair to talk a little bit about how she handles cases. listen. >> the first step is when i get a case. i am sure i am proceeding from a position of neutrality. this means you get a case and it is about something and submitted

by a certain party. i am clearing my mind of any preconceived notions of how the case might come out. setting aside any personal views. it's very important judges rule without fear or favor. >> minutes after the hearing began senate judiciary chairman addressed the criticism from josh hawley it who accuse jackson letting offenders off the hook easily when she served on the united states sentencing commission. >> the statute says calculate the guidelines but also look at various aspects and impose a sentence that is sufficient but not greater than necessary. to promote the purposes of punishment. >> the white house is divided the nominee arguing that the misleading the public by

blatantly taking a quote out of context. that was not really hers. she is repeating testimony from someone else when she got onto the circuit court of appeals where she is now three republican susan collins, lisa murkowski and lindsey graham voted in favor but a little bit of a spicy back-and-forth between judge jackson more on senator graham, specifically asking about representing guantánamo detainees. judge jackson said as a public defender you did not get to choose your clients. we will follow this until 7:00 o'clock tonight and most of the day tomorrow. >> thank you, david spunt at the justice department. katie joined the snout to get a read on things. former federal prosecutor. it is still early.

nothing earth shadowing the different and terms of how she is responding to the republican inquiries. do you think should pick up any republican votes? >> it's interesting i think she's pretty much playing it safe from what i can tell. a big question is still out there what is your philosophy she's given very big answers, i'm a bit surprised by how much she's backed off been more specific i think she's committed to originalist interpretation based on her answers which may be surprising and invigorating for some republicans. perhaps that is possible. i think her record says a lot more. i believe over the next few hours and days we will get into more specific cases which is a lot more than what she might believe. how has she reviewed these cases the past, i think that will be more telling. >> you can see the backdrop of an election year in which republicans how tough she is on crime and very loose sentencing guidelines in the past this seems to indicate to republicans

that she would not be vigilant in that regard. a lot of this is based on cases prior to her joining the federal appeals court because she's been there so briefly. what are we looking at. >> as i met attorney myself, i think it's not a fair tack to suggest working a defense of the criminal justice world would indicate that you are anti-constitutionalist, it could mean the opposite of that than b at the defense attorney i don't think that is a fair attack. i think there's other attacks that are more viable in terms of whether she is appropriate to sit here including the fact that we don't understand her philosophy judicially and is

vague responses we have not had her nail down from what i've heard so far. >> it is interesting you know this practice better than i ever will. the one thing that i've seen with the exception of some cases, kavanaugh comes to mind from decades ago and it doesn't appear to be the case here, the nominees tend to avoid specific answers to telegraph how they will react to specific that come before the court. i'm wondering if we made the process so vanilla that that is a risk. >> i agree with i think you said it correctly this is such a stark contrast we cannot ignore what happened with justice kavanaugh and justice cody barrett we could never had it go to that point. there is a big difference in the big area with petty personal attacks and patronizing approach that the democratic senators

have taken with judge jackson. i think we can have a collegial conversation about issues that matter and get specific answers instead of playing it safe response that we've seen this far. a lot of her record will be examined and i think should get more specific but i'm surprised giving her impressive background and how little leadership from these answers and dodging those and not committing or answering and just getting some response if you will. absolutely i think there is a big mistake being made in terms of getting substantive answers from her while we have this chance. >> well put, great catching up to you i look forward to more chats to help me make sense of what's going on. following these developments. we are still following involvement in ukraine to pass along the sanctions. the friendly trade status that they enjoyed with the united

states. hasn't changed vladimir putin right now. anti-media law has been put in place in russia and just today the jailed opposition leader sentenced to nine years in jail. that is led by vladimir putin. he was violating parole issues in defaming the state. another decade behind bars. after this. i promise our relationship will be one of trust and transparency. as a fiduciary, i promise to put your interests first, always. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com

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neil: they thought that fast-food would suffer after people coming out of the pandemic. that is not the case giving the ongoing success it's no wonder that established restaurants are looking at be like the fast food industry. jackie deangelis followed with this is about were happening. >> even with some of the

pandemic worries subsiding a bit, some of the pandemic trends have stopped. for example all the take-out and drive-through that we ate, people are still doing especially with the new variants that continue to pop up, applebee's is trying to capitalize on that. it sees demand for the trend. open to drive-through/tear. it opened 13 more this year for a total of 15 that is according to report. applebee's is 1600 location, 15 drive-through's is a small number on a relative basis. this is the chain that nobody looks at as a to go meal place, it's a quick casual dining experience. interesting to see this happen. i want to stick with food for a moment. as people return to the office they are noticing how expensive their lunches have become even when they're getting something quick compared to working from home and making their lunch there. as of march 1 wraps cost 18%

more, sandwiches cost 14% more, salads are up 11%, burgers cost 8% more as well. the data comes from the wall street journal which is the payment company. we do know that it is not just carry out lunches underlying food cost also up at the grocery store. no matter how you slice it. consumers are paying more. finally i would've closed with this elon musk attended a ribbon-cutting protest was factory today. aloft scholz also there, dozens of customers presented with their new model why vehicles, there is some videos of elon handing over the first one. this is announced in 2019 but kobe created a lot of setbacks for it earlier this month the factory received approval to produce up to 500,000 vehicles per year. >> he can still afford to dance. >> you sure can.

neil: jackie deangelis following that. it's very expensive for restaurants and bakeries and the rising cost are making stuff very tough. in connecticut. ten. all of your prices for all of the ingredients and your staff has been rocketing. how do you handle that? >> for the customers that is the solution that we have in the inflation. we have seven bakery from two in the morning to six in the morning from 50 miles from the deli it's not stopping.

neil: how do your customers handle it? >> we haven't got any inquiries at the moment because they are hoping there will be two options. that way we have to raise the prices. neil: it's delicious, some people might be happy to pay a premium for that some pivot or change their buying patterns, there still binder does not buy the more expensive stuff, what are they doing? >> somebody people are buying.

people are creating in choosing the better quality that i know we are giving instructions. in the storage to eliminate the waste and get the deals. neil: i know your reputation for the trip in the price. we wish you well, hang in there. the way to help brad's owner. we see this play to get it again and one small story after another from bakeries to restaurants to diners. they have to adjust and i hope that you adjust. sometimes it happens, sometimes it doesn't. keeping track of whether it is a big issue down south,

particularly nasty. the latest after this.

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neil: really nasty weather in texas. let's get the latest from adam klotz. following it all on the "fox weather". this is pretty serious. this is a big multi-day event in texas. these are reports over the last 24 hours and you see a whole lot of spots the nws is going to check and see if these were tornadoes and damage across the state as part of a larger system that is on the move beginning to shift further up to the east. heavy rain from the ohio weather firing off across portions of the gulf state. back in louisiana stretching to the mississippi. the red polygons are tornado storms on the ground and we think it's going to continue to

fire up in the afternoon. no surprise tornado watches across southern louisiana and the mississippi as it makes its march across the state . the timestamp of the quarter, he runs into early tomorrow morning, it takes heating to see the real severe weather in the best chance of that to portions of mississippi and louisiana. overnight weakening a little bit but it's going to be something to pay attention to. even if you're not one of the areas where you see a tornado it will be widespread wind damage, think of down trees, downed power lines and a lot of people without folks underpowered and a large area from alabama across the mississippi into louisiana. this is the system we will be continuing to watch as it makes the move. i'll leave you with a tornado threat today but most of mississippi, the louisiana and the extreme western portions of alabama, this is going to be

another busy weather day across the gulf state and we will be watching it. neil: thank you for that, adam klotz with the "fox weather" center. we will take you to ukraine after this. the russians have pounded the hell out of mariupol and demanded that you'd enter the ukrainian surrender. they are not. not even close. after this. 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

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>> this war is unwinnable. sooner or later you have to move to the peace table. and that is inevitable. stopping the fighting now and give this a chance is time to end the absurd work. >> the united nations is saying about this war is getting more vicious by the day. we've been keeping track for the numbers of civilian targets in the shopping mall in the theater where there is hundreds missing. apartment buildings and maternity hospitals, whole bunch of other hospitals, schools, colleges, individual stores, on

and on it goes. all of this was supposed to break the will of the ukrainian people, it has not. connell mcshane is keeping close track of the ne joins us with a good visualization. >> the resistance has been so remarkable in recent days that even as we, the air in civilian areas and infrastructure. their advance continues to stall the russians are struggling to advance. if you look at the big picture of ukraine right now pre-different line in this war stretches over 1000 miles. around the rent zones. the red areas are the areas that are secured by russian forces means the russians have taken control of the areas. have you been watching the coverage for the better part of the last month they have it move

that much. were starting to zoning and we have been for some time on the southern part of the country if you come off crimea peninsula into southern ukraine. this is an area where we have seen the most intense fighting in and around mariupol which you've heard so much about and also here's hidden ukraine. there is also not been that much movement on the front lines towards odessa which is a key area. we'll take a closer look on the southern part of the country that was a worry. the fighting mariupol is intense. there are tens of thousands, maybe even 100,000 people who are trapped in the city. but the ukrainians continue to

put up a resistance the blue that we have is ukrainian defense. we have that around mariupol. there is a defense and we have that in the city to the west. a defense area here in here so the russian army could not continue the advance. what they would like to do is advance into the area of odessa which we showed you a short time ago. the other part of the country is around kyiv the capital city. we've heard weeks essentially all these areas are suburbs of kyiv. the one area to highlight. about 40 miles or so it does not look like it because russo zoomed in. 40 miles west the ukrainians have taken that town back. it's not a huge area and you say the huge military victory. but at the same time an important development because again the russians are surrounded the capital city and went to surrounded they can move in on kyiv you can't do that if you have an area like my career.

at the same time great news for the ukrainians taken an area back but what are you taking back. this was taken some time ago. this is the area they're taking back that's how much damage to civilian info structure and heavy fighting new cannot emphasize that enough with humanitarian disasters. to the point we always tried and on the refugee prices were well over. half million people have fled the country, poland is at a high number 2 million plus emitting other countries are ticketed a lot of people. the other thing that stood out with you and making comments is 12 million the un says 12 million people stuck in the affected areas in ukraine. there's a lot of people that would like to get out and we

were reporting on the refugee crisis that can't or don't feel comfortable getting out. that gives you an idea of where we could go in terms of the total number of people leaving this country we talked about 10 million people being displaced within the country. the un adding 12 million use the word stock in an affected area. neil: one out of four ukrainians. the countries that were taken in these refugees. there is a limit to this. i know the president when he goes to brussels and poland he can talk about financial help where you would almost think like pulling is getting to the point of saying we can't take it anymore. they haven't done that but you have to wonder how much longer i taken. >> poland gets the most attention with the highest numbers but yesterday padova on

a per capita because it's a much smaller population only 2.6 million. for 2.6 million taken on 367,000 accounting redoubling 100,000 of those refugees in moldova with health officials and their health system is already reaching a point where it's getting difficult people might need treatment for one thing or another and they don't have the facilities to do it and we see that in other countries once you move out of the other european countries the number is 300,000 ui taxing countries like the czech republic. they said they were at a point to 200,000 people coming into the country but they would not say no we would not take anymore but it's not going to be easy to your point our services are getting stretched. this is mariupol situation for poland nobody is saying is not

but is not just poland other countries are being stretched to their limits by all of us. >> the numbers get bigger and bigger. thank you for the interesting comment. danny davis military expert. great to see you again. when the president goes to europe and certainly poland he will offer financial help to deal with the refugee crisis but there is a limit on how many ukrainians these countries can lead in. they're not holding anyone back as far as i know but we could come to the point. >> how can we not if indeed the number of 12 million is displaced person with only three to half million have made it out that means they are potentially 10 million were waiting to go out. just imagine the logistic issue of feeding and housing going to

the bathroom. the city of 2 million added onto something with her is no infrastructure. it has to be extraordinarily taxing and something has to be done with that soon or it's going to overwhelm anyone poland or moldova or slovakia. neil: there's a big back-and-forth and it was given more currency last night when he had said it is like lindsey graham saying that the russians were to use chemical weapons. that's good to get nato involved. it's automatically expanded with the use of chemical weapons. you are leery of that right? >> i'm far more than leery of it. that would be the biggest catastrophe that we could get into. just imagine all of the horrible things going on in the millions of people moving out if the devastation and mariupol, now

adding that into poland in moldova slovakia, some of the other countries or god forbid escalation into a technical nuclear exchange. that is not a hypothetical unlikely thing. if you start fighting with russia those things become probable not possible. we owe it to the entire 30 members of nato in our country not to allow that to happen. we have to contain this however, bad it is inside of ukraine and press for diplomatic solutions as fast as possible. neil: doesn't vladimir putin know that we want to avoid at all cost expanding this. he feels he has her number. >> that does not mean it's going to make him a desire to use chemical weapons. there is other non- things that we could do to make it more pain coming on to the russian. it's backward to help them militarily. not in the long-term.

let me point out here i think there is a dramatic misinterpretation among the west of what the tactics and objectives are because somebody people are talking how they're feeling and reached a stalemate i do not see that. what i see is the big fighting going on to marry opal. it's very close to a turning point. if russia could close off the cauldron around 50 - 70000 ukraine soldiers the whole defense could crumble and that's where i see russia putting the effort in these things in kyiv in kharkiv and waiting for this one and they could converge at kyiv at the same time. that's where the real danger lies. >> as you said were only a month into this thing. it took that long for civilians to take poland. we forget that but we might have a delicate view of this that is

inaccurate. >> everybody wants russia to lose and to protect ukraine. it's a right thing to do and certainly my heart is 100% with them but we have to look at this in a cold military calculation and right now the evidence appears russia has a good plan and with enough time it will succeed. i don't see how ukraine can hold out over another month or two months because the onslaught is great and russia still has too many forces they could bring to bear. so far they have not. neil: very good catching up with you. danny davis on all these developments that they still have all the advantages it might not be going as quickly as they hoped but it is certainly going their way. we are following that and getting confirmation out of china where the plane crashed yesterday. apparently they are saying there are no survivors.

none that they can tell. very little evidence the scraps of metal and what was a 737 boeing plane. not a max but right now in china they have continued to look for any signs of life and not found it. 132 souls perished. we will have more after this. h. like the time she spotted the neighbor kid, an approaching car, a puddle, and knew there was going to be a situation. ♪ ♪ . . n atlantis. really? today she's a teammate at truist, the bank that starts with care when you start with care, you get a different kind of bank.

♪. neil: all right. we have just learned that

white house press secretary jen psaki now tested positive for covid-19. she said she had two socially distant meetings with the president on monday, not considered within dangerous close contact. she is not joining the president on his trip to brussels or to poland. we don't have any word that any other white house officials have contracted covid as well you about it is a contagious thing, isn't it. now to charles payne. charles: neil, we wish her a swift recovery. thanks a lot, my friend. good afternoon, everyone, i'm charles payne. this is "making money." breaking right now the script has been flipped a curious reaction to a hawkish fed, right? but investors ignoring spiking yields a whole lot of other things. so has the case been made the bottom has been put in, or if not, well we've got some folks who disagree but if it has been should you be buying this dip? we'll talk about the longer view, how you avoid investing heart ache. i will tell you how to filter out the noi