four hours. dave: ashley? ashley: as i look at an apps on my phone, 3. 4 hours. dave: and the answer is, susan, you got that. we know where you spend your spare time, thank you, appreciate it. wish i could send my buddy neil cavuto a better market but the dow is down 600 points and nasdaq going down too. you've got to turn this thing around. neil: i was just on this apps here. great show. let's look at what is going on, we are session lows, all 30 dow stocks in the red. the feeling seems to be that interest rates are going to go higher. i did notice if you look at the futures contract 94% are seeing in june we are going to get a

rate hike, that's not a surprise but they are expecting 3 quarters of one% and if you add that to the half point hike that is being telegraphed to the markets in a span of little more than six weeks you would see interest rates move up one and one quarter of one%. we've not seen such movement since the days of paul volcker so it is weighing on the markets, how far or how high do we go? 10. 9%, had been a lot higher but the fact is the reality is there. what you look for in a day like this is things ease up with the concern all the rise of rates and what is going on in china and fallout from the pandemic and cases being reported that will way on this and put a on how high oil prices go and how high rates go. they are all over the map but the general theme is down

across the board for equities, looking at 1/3 losing week. we are looking a lot of confusion on what happens with interest rates and the mask drama. you know the justice department started weighing in on this issue trying to appeal to the florida judge's decision on letting the masks go. whatever happens at the federal level you have different signals at the local level even when you get off the plane wear masks are not required depending on the airport, you might not want to throw away the mask you are clutching to. lydia has a lot more on that confusion. >> reporter: a lot of evolving rules and changes. philadelphia is reversing course on its mask mandate less than a week after it set masks must be worn inside public places. they are rescinding the mask

mandate which means masks are now optional in most indoor settings in the city of brotherly love. they say hospitalizations are decreasing, case counts leveling off. we saw philadelphia airport, one of a handful that enforces mask wearing after the federal court judge reversed the travel mask mandate because they had the local mask order in place. the question is whether philadelphia airport requires masks. more information is forthcoming. at this moment is unclear how they are going to proceed. meanwhile the city of los angeles is reversing course on masks but in the other direction. it is bringing back mask mandate for all public transit after it made masking optional earlier this week meaning masks must be worn on buses, trains, task ease and right hailing services like uber and lift and mandating masks at all transportation hubs like airports and bus terminals.

this means for travelers passing through lax you must once again mask up even though earlier this week you didn't have to. finally the boston public health commission is renewing its recommendation that masks be worn indoors. it's not a change in policy but this recommendation is underscored with new data that says covid cases are on the rise in the boston area. health officials say covid cases of climbed 55% in the last two weeks. the community positivity rate nearly 7%. it was as low as 2.2% in early march. neil: hard to keep track of all this. >> that's why i am here. neil: you survived the pot store yesterday, good to see. >> i learned a lot. it was a good story. neil: you did a great job covering fat. in the meantime you want to look at how the mask thing is going down but it comes with the title 42 thing, getting

mixed signals, concerns that the white house could be sending mixed signals all the way to the commander-in-chief, the distinctions being drawn right now and confused right now, lucas tomlinson has more from the white house. >> reporter: not just republicans sounding the alarm over the repeal of title 42 but reportedly president biden's dhs chief as well. some democrats are also very concerned. >> once title 42 is taken away it provides an incentive to criminal organizations to say now we can promote this, market this saying the border is open and they make their own money. >> reporter: jackie heinrich broke the news at the house problems are caucus endorsed the bipartisan bill that would be delay the repeal of title 42, the trump era public health measure that has barred migrants from entering the united states over the past two years which president biden is planning to repeal next month on may 23rd.

the solution is to prohibit president biden from lifting title 42 until the covid pandemic is over and the cdc's legals its public health emergency declaration. president biden was asked about it yesterday and his answer raised some eyebrows. >> are you delaying lifting title 42? >> president biden: we are not considering it. it is contingent on what i hear from -- there's going to be an appeal by the justice department because there is a matter of principle, we want to be in a position where if in fact it is strongly concluded by the scientists that we need title 42 the we be able to do that but there has been no decision on extending title 42. >> reporter: he clarified his are marked saying he was referring to the cdc's mask mandate, lydia app store, not our story.

neil: they have a plan but haven't shared the we know of. anything on that? >> reporter: the dhs secretary saying there's a plan in place, the administration saying title 42 is not an immigration plan. it is a plan from the cdc. it is a law that goes back to world war ii. the administration says they have a plan to enforce, to make sure a flood of migrants doesn't come into the country but the part of homeland security is estimating 18,000 migrants a day could be coming through, much higher almost double what it is today. neil: at the white house, you are wondering about mixed signals on the mask mandate themselves, don't have to wear them on a plane, different cities, different ideas, rules and regulations, what is a good health policy going forward?

the north health internet -- if you can help me with recommending masks or no, how do you feel about that? >> sure, and thanks for having me back. there's a lot of confusion regarding this and it has become a political topic but what i generally tell people, this goes for whether you should get a booster, keep up with the vaccines, it has to do with your individual health status. for younger healthier person who is comfortable going out in public without a mask it is totally fine, it is just like during the usual flu season and we don't all wear masks during flu season. for somebody who has a lot of health problems and is in a higher risk group it makes sense for you to put a mask on if you are in a crowded situation like mass transit or

an airplane and if you are going to do that, i would rather see somebody upgrade to a k and 95 mask or and 95 mask because studies have shown routine surgical masks or cloth masks or put their shirt over their nose is not terribly effective at stopping covid 19. almost becomes a theatrical event so my advice is if you are high risk it is smart to wear a mask and if you are lower risk let's get back to normal. neil: let's say you choose to wear the mask, but you are vulnerable a but everyone around you is not. is the purpose of the mask to protect you, or those around you? the thinking was in the beginning with masks so that you don't risk contamination to others and now it seems to be, i will defer to you always, others don't necessarily pose a risk to you. what is it?

>> for the vulnerable, the higher grade masks are to protect your self, they have a higher grade filtration than the cheaper flimsy or masks. it is to protect you. will those types of masks if that person happens to be sick from transmitter virus, yes but the problem is the lower grade masks don't do a terrific job of stopping the spread of the virus for somebody who's asymptomatic or is symptom addict but out in public, they don't block very much, the filtration on a routine surgical mask or cloth mass, most things pass right through. if you smoke through one of those masks you see the smoke comes through, the virus particles are smaller than the smoke particles. everything is going through those, you don't do that much. neil: this back-and-forth on a

third or fourth shot or second or third booster, where are we going with this and what are you recommending to your patients, would depend on their vulnerability to your earlier point but what are you telling them? >> it does depend on their vulnerability status. for most younger healthier people i'm telling them to hold off on third and fourth shots. there really is not a ton of data showing the efficacy and benefit of additional doses because it really doesn't stop the spreading of covid. what it does, possibly is protect the at risk populations from serious illness and death. for the fourth shot, there is some back and forth from the cdc on this. there are members of the cdc panel just this morning who are not quite sure, the cdc's advisory council for immunization practices and members of that committee who vote on this and are not convinced on the fourth dose just yet for the general population.

i think we would all agree the high-risk populations we should do everything possible to protect them but for the general population there isn't enough data to show the vaccine is effective and the virus we are dealing with is so far mutated from the original strain the to continue giving the same formulation, that doesn't necessarily prevent the spread, doesn't seem to be a lot of benefit to that right now. neil: i like to keep a 500 mile radius between me and the nearest person, doesn't help doing the show because no one is in here but me, but what do you recommend on that? there was the washington gridiron dinner a couple weeks ago, quite a few dozen came out of that testing positive for the virus. i'm just wondering, what do you

recommend, crowds and crowd gatherings and all that? >> it depends on the level of personal risk you are willing to take. we take a risk every day walking out of our house, there's a risk driving to work on a risk driving on the highway. for younger healthier person who wants to go to a concert and we assume the risk is i could get sick from this but i will be sick for a few days and get better at it won't be an issue and for younger healthier person, even a middle-aged person who is willing to assume that risk and realize i'm going to travel, go on a cruise, go to a concert i might get second if i do i will get better than i think that is a reasonable risk to take. if you are at high risk i would tell the same thing to an elderly, ill person during a routine flu season that if you are at risk for serious illness may be think twice about going on a cruise during flu season or going to a concert and the

level of risk assumed has to be adjusted for their comfort level and to say if i get the flu i am more risk than a 50 or 40 or 30-year-old. neil: if you are having a gathering with in-laws that's not to go. is that about right? >> depend to your in-laws are. i don't know your in-laws. neil: doctor frank, very good, we need that. people are getting crazy with this on all sides. the dow is down 609 points. a lot of this is fear higher interest rates but may be a new concern, fed fund futures contracts for the month of june has 9 of 10 of these guys putting money down, factoring in the 3-quarter point hike in interest rates which if you add

that to the half point hike we expect next month would be a one and a quarter point interest rate in a 6-week period. we 've not seen type of activity, that type of advance in rates that the fed controls since the days of paul volcker. you would have to go far far back. we have a lot coming up including what is happening in the battle for twitter, some stunning developments there and this guy with some stunning news, rich as he is he has other deep pocketed folks to help him out. ♪♪

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neil: taking a look at twitter inching ahead 2% as you probably heard, elon musk said he has lined up financing to pay upwards of $46 million to acquire, he won't need that much given his 9% stake in the company already but republicans are demanding twitter's board preserve all records having anything to do with elon musk's

bid for the company so there's a lot going on with all of this. kelly o'grady has been following it resolutely in los angeles and tears more. >> never a dull moment in this saga, the battle for twitter is gaining the attention of lawmakers on capitol hill, 18 numbers of the house judiciary sending a letter to the twitter chairman demanding they preserve all records of the proposal to buy the company, they are arguing free-speech is under attack by big tech, the letter warned, quote, decisions regarding twitter's future governance will be consequential, the public and the united states and could give rise to renotice efforts to legislate, the board's reactions are concerning, the quest signals should republicans take back the majority of the house and the midterms they may launch an investigation into twitter especially if the company declines must her and musk is unveiling he secured the capital to finance the twitter buyout, putting up $21 billion

himself, the remaining 25. 5 will be loaned by morgan stanley including the 12 billion loan value of tesla shares and while musk is prepared to spend billions to protect online free speech am a former president obama doesn't think the social media world is going far enough to police their platforms. in a keynote address to stanford that is getting a lot of attention obama implored big tech to ramp up their content moderation. >> the first amendment is a check on the power of the state. it doesn't apply to private companies like facebook or twitter. with that power comes accountability. in democracies like ours, the need for some democratic oversight. >> this tug-of-war over control of twitter is shaping up with the next essential battle for a free-speech with all sides of the political spectrum getting involved but i can't wait for elon's reaction to the gop letter or what former president obama said.

>> the idea of fairness is in the eyes of the beholder, those on the left think there point of view should be fairly guarded, not the other side and conservatives their side, not so much the liberal side and back and forth we go. let's go to janet caldwell on all of this, who has a podcast, he's on fire here and is all fired up about everything going on in florida, the back-and-forth over fairness at twitter. it is good to book geon oh when he is angry. good to see you. on what president obama had to say about policing these companies more over their content and fairness and all of that, he might have a different view than ron desantis. what are your thoughts? >> that's really interesting. i am a shareholder of twitter and i accept elon musk's deal

so we can move on. it is interesting, to hear president obama's thoughts, he spoke to a group of students and said we need more speech, not less, shouldn't be trying to cancel people, we should hear other points of view, now he's talking censorship at twitter and that is a reversal on his opinion previously. speaking of elon musk i wonder how long has he been thinking about taking over twitter, purchasing it. i'm reminded of when he said i'm not going to block russia from being able to use the technology or have some exposure to what they had going on because he was a free-speech absolution us and that is what he was about and then want to purchase twitter which if that's the position with ukraine then you let donald

trump back on twitter and other folks who have been kicked off, that changes the game and as a business person i can see an explosion in this company. neil: you are looking at it, your investment decision and his bid because it is an attractive financial offer and it is weighing over its $32 and 50 week low, it is below the 72 something, it's 52 week high. does that bother you that it is that volatile? >> it doesn't bother me it is that volatile. if you look at the numbers the value of the company, trying to think what those numbers were but lower than what the bid is now but last year the value of the company. it doesn't bother me, twitter is getting old, it has become for a lot of people on coaching them are. it used to be you follow different points of you and now

just listening to each other. there are changes that should be made when it comes to twitter and i think he's the guy to make it more interesting because at this point you see corporations like twitter taking political positions if you will, the hunter biden situation with the laptop back in the election, that shouldn't be the case, twitter should be an open forum to give your opinion or share whatever you like and shouldn't be censoring things especially from real journalists and news organizations so i appreciate what elon is doing. neil: you are a florida resident, you heard the dustup the governor has right now with disney. what do you think of it? >> i'm here to announce that ron desantis is running for president. have i spoken with sources who told me this? no but actions speak louder than words and his actions

since covid have been very loud and vocal that he has been governing the state of florida like the white house, governing from a national angle jumping in on the culture wars, every time he gets a chance and conservatives know he is fully with them. this man if he does decide to run for president there's a good chance that he may, i will be very supportive of his candidacy because this is a guy who has done a number of things the right way. dave: with or without donald trump running? >> doesn't matter. only one candidate i went to support in 2024 and that is ron desantis, only one person i want to vote for period. neil: his move against whatever your views on this, some have feared what it leads to. a democratic governor can come in and and force policies or positions that some corporations might like and he

or she could go after them in the same manner and the issue of what this could bring. in a year if they haven't settled this and all the special separate allowances carved out for disney for the better part of half a century go away, that means surrounding counties will pick up the tab, their taxes are going to go up. that is something conservatives don't like, right? >> of course not. we are talking $1 billion debt. dave: you on neil: whatever your viewpoints on the merits of this, this is sort of bludgeoning a company for not agreeing with you. >> here's the distinction, this particular bill that will likely be signed by governor ron desantis, this particular bill doesn't an act until june 2023. neil: but if we don't, i

understand that but you are also pretty good with money, you know that it will be it could directly affect you where you are. i'm just wondering if the hope is cooler heads prevail, statement made by the governor but this could be a slippery slope and an expensive one. >> it could be a slippery slope. i will give you that. i'm imagining ron desantis who i know is very smart and intellectualist thought about these things prior to even proposing it. i'm sure that he knows if by next year when we are in the heart of folks campaigning for the 2,024 election then if there is $1 billion coming due the taxpayers are going to get over the coals with that it will be a problem for his candidacy. that is why when it comes to the bill in and of itself it was one page long, they couldn't tell you many details how it is going to work which

tells me of the dozen or so lobbies walt disney has there may be some room to change things around for these guys but i think corporations overall need to stay out of politics, stay out otherwise you will get these actions against you. democrats have done this as well. we need to leave the politics out of it and let people have a happy day. neil: we've inserted politics into it by taking this, not saying for or against what governor desantis is doing but a democratic governor if he or she were to do what governor desantis is doing for something you might not agree with, that is what his been set in here. that is something no matter what has happened in the 50 plus years disney has had this sort of carved out freedom, republican and democratic governors have not gotten in the way of that. accompany the just spoke out against a measure that the

governor came up with and got republican support for and signing into law that is another matter, isn't it? >> it is another matter to a degree. let's keep in mind as we talk about the taxpayers who may be impacted by this, disney still has to pay more taxes if this happens. i believe it was $700 million, $400 million or whatever it was. neil: sorry about that. we did not cut that, i promise, a big back-and-forth about your political views, what is leading here and what is next, we are on top of it and on top of the selloff, more after this. i'm so glad we did this. i'm so glad we did this.

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neil: as bad as the inflationary picture seems to look and that oil prices will skyrocket, the calling factor might be china. not that this is their intention but the slow down there and big collapse in demand given the covid related shutdowns. it is around manufacturing activity not necessarily to a halt but down from what it was, might put a lid on oil prices with interest rates down the road. easy inflation fears. reaction from dan joseph, best-selling author, first off on china and the role it is playing on possibly mitigating some of these affects.

if they were firing on all cylinders things could be a lot worse on the inflationary front, the oil front, that does not appear to be much the case. >> the drop which is precipitous the next few months in china for petroleum, taking hold of the economy, that's the effect, lockdown manufacturing slows down and oil prices, where china seems to be policywise, they continue to emphasize controlling covid of for everything else. of the economy suffers a little bit so be it. that the attitude they have taken. we are asking them to increase production and having gotten the right feedback this helps on the demand side. be 20 you are the expert and i

will defer to you on china helping russia more not only militarily but financially, their hands might be tied. >> china right now continues to walk a tight rope. they've taken a stance where they are opposed on so many issues, butting heads and confrontational positions they can't afford to turn away from, that is on their side. there is not much to be gained, trying to embrace russia further on this, walking a tight rope in the middle, not overly supportive, not condemning russia the way the united states would like or backing resolutions that do that and continuing to do business with china, with sanctions that might be in place. neil: i assume china buys a lot

of that oil even at a cheaper price, no one else will get it from russia at a minimum. >> you are right and that is the floor of support. if we stop buying all oil from russia china will pick up the slack meaning we will buy more from other sources. china will not cut the energy relationship off from russia. they share border. there's a lot of energy trade. they opened the floodgates to support russia even more. they probably would if russia's energy exports elsewhere were to precipitously dropped. neil: dan joseph on all that. we were mentioning russia and seeing a dramatic ratcheting up of attacks, they are sensing or saying the tide is turning. is it? after this.

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neil: russia increased its attacks, double what we saw last week at this time and concentrating not just on the east but considerable time on the south, griff jenkins in kyiv with more. >> the defenders of mariupol may be in their last stand, communicating with the ukrainian marine commander, we've not been able to reach him all day long. look at these new satellite images, it shows a mass grave 20 km west of mariupol that russians have been dumping thousands of bodies into.

each of those sections measure approximately 85 m, the equivalent of four football fields and it is much larger than the mass grave we visited in bucha. 20,000 civilians have been killed there. it comes as russia claims in addition to these, part of their phase 2 goals and that has the mayor of nicolai of wondering if they are next. here's what he had to say. >> >> they use cluster bombs, people who still live in the city to leave the city. >> reporter: the pentagon sending $800 million package of weapons that include 72 howitzers, 134,000 artillery,

72 tactical vehicles, one hundred 20 one ghost drones but will it be enough to stop the war? we spoke with the chief of staff of president zelenskyy and he says in addition to the weapons he is grateful for we need more shanks than -- sanctions, cut off all russian energy to europe and elsewhere. neil: thank you to the former infrastructure minister, good to see you. you probably heard about this but boris johnson who visited your country a couple weeks ago was musing about the nature of the war and said there's a possibility of russia winning this. he went on to say this could potentially last to the end of next year. what do you think of that? to the end of next year?

>> i hope that it will end much sooner. with our western allies and ukraine. it would be more difficult for us to survive to the end of next year. he takes life, he takes ruins, russia is bombing every day a lot of cities in ukraine in a barbaric way. ikolaev is under attack. they don't care about any military types, they simply shoot and they do the same in eastern ukraine, they do the same with mariupol which is totally destroyed and we believe tens of thousands of ukrainians died there because of russian attacks. we discovered a lot of graves

in the kyiv region, thousands were tortured and then killed with weapons, hand weapons by russia so it is very i would say barbaric, came from the east and that would be only one, us or russia. neil: vladimir putin has said of those hold up in metal facilities and mariupol, 2000 soldiers, told it could be hundreds if not thousands more civilians that he won't attack or try to penetrate the structure but it is very dangerous, not providing humanitarian pass for those who want to leave. it sounds like he wants them dead. >> absolutely, he wants to kill every ukrainian, it is genocide. from russia against ukraine. it is very strange because

yesterday they took from nowhere defense of -- the minister of defense of russia, sitting opposite mr. putin who doesn't need anyone and tried to play games but putin is very kind and asked not to bond mariupol or ukrainian forces in the factory. but right after the conversation mariupol and the steel factory was heavily bombed once again so they simply say one thing and do totally opposite thing. russia is always lying, we shouldn't listen to their words, we should only follow their actions. their actions are very open. they would like to kill ukraine and they would like to kill the united states. on russian tv, number one general and russia openly said,

we prepared nuclear missiles constructed but are still active, would like to hit the united states and destroy new york. i don't think it is normal policy but this is the policy of the kremlin. neil: minister, kind of losing the sound with you. the minister, there was a discussion on russian channel tv one called where they look at all the options russia has down the road and how conceivable it is to use nuclear weapons and target the united states, i don't believe they were high-ranking officials but a debate going back and forth on this. be that as it may, that is pretty scary ruminating going on. we understand binary putin plans to meet with the un secretary-general in moscow.

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neil: the dow jones industrials looking at his third weekly decline despite looking at oil facing its third weekly decline. what doesn't belong and why. larry, what is driving this? >> we saw grocery stores and gas stations, hitting barbershops and dinner tables and at the end of the day, the markets are worried the fed has lost control. you hear people whisper about the recession that is around the corner and that is making people nervous. consumers are already nervous, investors are nervous and small business sentiment is very nervous so that is bleeding into the market and what the fed has to do to restore credibility, the fed speaks about higher interest rates, jay powell, saying we are going to raise rates, giveback

control, my paul volcker moment, i will bring order and that is scaring the market. neil: when you say paul volcker moment it is one thing to anticipate but when people trade with their own money these fund hardens futures contracts they are looking increasingly at a 3 quarters of 1% hike in june. that's pretty big. how would you think the markets digest that? >> that is the smart money neil and they are starting to sniff that out and say may, june, it will continue, no certainty, no visibility, markets dislike and certainty, what people didn't realize was the volatility of the stock market and how fast mortgage rates would go up, fastest mortgage rates we've seen and now the concern is safe haven stocks the way love, to a lot of business overseas like apple and microsoft earnings get affected maybe not

this quarter but next corded, they can't sell overseas of the dollar is too strong and that is how they catch inflation. neil: thank you very much. to illustrate that, a stronger dollar against other currencies means fewer dollars back for the stuff you are selling abroad, that lee's multinationals bottom line combined with the back of interest rates and the fear they are moving higher and faster than originally thought and with the ukrainian war dragging on, if boris johnson is right well into next year and beyond, not helping at all. a little more. ♪♪ ♪♪ welcome to new york ♪♪ welcome to new york ♪♪ welcome to new york

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♪ neil: all right, welcome back, everyone, we're getting really hip here, but this is a great thing that happened, a young staff, and they refer to me as hey pops we're going to have a great song going into our streaming segment talking about hurting streaming companies, and whether they're on the edge here , and i said well, share that song with me, and that was

the song. >> justin timberlake. neil: i was looking more in the chant family. >> that's what i requested as well. neil: they don't listen to me, so sometimes they will throw a bone to me and play the music of the waltons. you don't even remember them. >> no. neil: of course not. first of all -- >> the beatles. neil: here we go. what is going on with this now because this is the week that i think all of the streaming companies, odd confluence of events right? >> yeah, well netflix i think sent a shock wave across the entire market with the worst day for the stock since 2004 and they lost users for the first time since 2011 and you saw some -- neil: that's important to distinguish here, not only fewer added subscribers but lost. >> lost subscribers, they were supposed to add 2.5 million instead they lost 200,000 and they blame ukraine and russia and they said if it wasn't for that maybe would have added

500,000 but that's still far short of what wall street expected and i think the calling is that the largest, when it comes to streamer spending, is done, because if you look at the arms race and we've called it an arms race with a lot of these streamers spending a ton of money, i mean, netflix has been spending $17 billion a year, hbo and hbo max and warner brothers not that far behind $18 billion, disney committed roughly the same amount $15 billion as well, and the fact that they've had these huge budgets, willing to spend in order to get eyeballs not caring really about quality and that's something by the way, a model that netflix pioneered remember in 2013 when they were trying to outbid everybody for "house of cards" so that's something they pioneered but its hit a point in 2022 where no, you can't spend $30 million in episode on" stranger things" that's how much it's reportedly worth and costing for each episode in season four. now that means also the young

stars get $300,000 each and every episode isn't that great? not exactly friends money but still pretty high and also other netflix shows like bridgerton. neil: so they have to reign in the cost and netflix is going with maybe a different pricing model, they are going to try to clamp down on people who are oversharing their passwords, but that's all looking like a change under couch cushions for these isn't it? >> yeah, well so for a long time you heard reed hastings saying i'm not going to do a lower cost add tier but now he has to because i think he's feeling the pressure from wall street, disney plus did the same thing as well and in terms of users we bring this up again, very informative i think is the fact that netflix is still the largest streamer on the planet 220 million subscribers, disney plus we're expecting some sort of update when disney reports at 130 million, et cetera, but also what do you think about the model that netflix pioneered the binge model of dropping all their episodes of a series,

disney plus has done the reverse going to the traditional bob iger model of one episode per week. neil: have you seen this "first lady" specialist actually very good showtime is doing it but a week at a time and i'm sure when they are all out and done, then you can stream it all but they aren't doing that. it it must be a strategy there but then i was thinking too, zaz lov of course with discovery and warner and now cnn under its umbrella, cnn plus is gone but he had said something interesting the prior week that maybe we should have caught on to, that aggregating all of these under one umbrella, in other words, i'm not saying he's saying it's easier or more efficient but it's certainly easier and more efficient. >> that's what i'm saying because in his experience at discovery when you have standalone streaming channels whether it's on golf or home improvement, that doesn't work. neil: but they are all there for you to pick and choose >> right. aggregate on one specific platform, less friction, so you don't sign in and out of every

app in order to get your home improvement ideas and get your golf news, right? so i understand that. neil: and you have a better odds of gaining customers if you got a lot under that, but it does then change the dynamics where you don't want to waste a lot of money either. >> right, exactly right. so that's exactly what netflix is doing now is they are going after quality. they want stickiness. they want to actually see the budget in return of viewers because for a long time, we're talking about 17 billion spent here on netflix each year. neil: is that right? incredible. >> i wouldn't say the 30 million is that much for "stranger things" because it's one of the premier series i watch it. it's one of my favorite ones, did you watch game of thrones? that cost $15 million an episode , and that was in 2019 neil: the name is justified. >> hbo max has been criticized for spending too much but that's still the mantra you have to spend quality to get the

subscribers but not on everything, you don't spend on everything. neil: yeah, did you see hbo max now you can get batman, the batman. >> i watched it on wednesday you have to watch it fantastic. neil: terrific i hated it. >> oh, okay. neil: but at least, you know, when you're watching it at home it's three hours, at least you have the freedom to go to the bathroom and it's tougher at a theatre but come on. i mean could we lighten it up a little bit? must everything be so dark? you're a super hero, be grateful >> it's a drag to be a super hero. neil: it is. well you and i know, it's a weight we bear. susan thank you very much, and she is our business super hero, and we hear it from ban batman. anyway, i digress, i'm over it. want to go to gary kaltbaum where we call in "the gary kaltbaum" we're having fun at batman's expense by the way but i did want to hinge on what she's talking about with stream ing and the confluence of

these events all this week and i might add the spotify thing that was lost in the sauce where they didn't renew their podcast contract with the obamas, so it wasn't the obamas dropping spotify, it was spotify essentially dropping them. yet maybe another reminder of cost pressures, what do you think? >> first let me state for the record, susan li is a business encyclopedia. neil: she is indeed. her own super hero. >> look, costs are meeting eyes the cost to these companies, the cost that consumers are willing to pay, and how many eyes are out there and i think we finally hit the wall. you know, several years ago when i saw they were paying like 50 or 60 million dollars for a couple of comedy shows i'm thinking i'm quitting the business, going to the comedy store and trying to get into the business and i'm just thinking how much are they willing to pay and at what point in time is it going to hit the wall and i think we're there at this point in time. the money they have put out for

so many things they are going to have to start getting good accountants accounting for every penny, or else, and you're just seeing what's happened to netflix. that stock is just unmitigated disaster. it's affecting others, and again , i think the biggest problem is theres so much of this out there, nobody knows whether you have 300 channels on directv or you have dish or the cable companies, and now all these streaming services, again, the wall has been hit and the stock prices are reflecting it. neil: yeah, and i know there's been a separate argument, oh, it's elon musk says the woke programming on netflix. i don't think it has much to do with going woke as a lot of consumers just going broke on all these services and the fact that, you know, they have to start widdling them down and these have gotten pricey too. three, four of these, five is i think the average american has five, the cord cutting savings are gone now and i'm just wondering that reality is sink

ing in. >> somehow, my american express bill has all these streaming services on it. somehow my sons end up putting it on there and i got to tell you, it definitely does add up and for the average family, i think they are starting to count the numbers, do i need seven of these things? there is some overlap, and a lot of times people are just getting some of these streaming services for one or two programs and if they go by the wayside, that's that, so again, this cutting the cord and there's cutting the streaming services that are going on right now. you're seeing it in netflix and it probably gets worse before it gets better and i'm 100% sure they are going to have to change strategies going forward. advertising, they are going to have to fix up this password thing where everybody and their grandmother can take it, levels of subscriptions and i think others are going to be following suit also. neil: yeah, i think you're right by the way your son did pass

along your password so thanks for that. >> [laughter] neil: i'm using it. thank you. you're in florida. you know the dust-up over governor desantis and certainly with disney. they have got a year to settle this because that's when it would take effect. where do you think this is going >> i'm in the camp it never happens. notice it's posted after the mid-term election. the one thing i do know probably the governor runs through the president and one thing they don't want to happen is have any taxpayers along the i-4 corridor arguably one of the most important places in florida which is arguably the most important state for a national election to start paying higher taxes and i've taken a deep dive into this. there's a pretty darn good chance citizens of orange county will pay a bunch more in real estate taxes if this gets enacted, so i suspect something

will get worked out when all is said and done because i've got news for you, politics is about money and voters and that will come to the forefront before you say boo, and also, i don't want to see disney stop selling those turkey legs, because man, are they so darn good. neil: gary thank you very very much, gary kaltbaum following all these fast-moving developments certainly when it comes to streaming services and now disney in this battle back and fourth with the governor and keep in mind once the governor signs this he's expected to, could be today, could be tomorrow, they have a year to come up with a solution to this , so we'll see what happens if they do. they probably will. all right, in the meantime here following developments right now with the president of the united states, recognizing earth day, and promising more spending to help out our climate and probably over-simplifying it, edward is much better at the details and he has them from the white house. edward? reporter: neil, earth day, you

now have permission to go out and hug a tree after work so in about 30 minutes president joe biden will speak in seattle, washington. he's going to talk about a bold agenda as the white house describes over climate change as well as the president talking about a climate crisis. you throw that on top of the crisis at the border, the crisis in ukraine, the inflation economy crisis but the environment getting all of the attention today. now in seattle, washington the president will sign an executive order that directs agencies to spend more than $2.4 billion from the bipartisan infrastructure bill as well as the omnibus spending bill on reforestation, conservation and other forest programs and the president will call on congress to pass his additional spending plans to lower energy and healthcare costs. republicans think it's a dangerous agenda. >> i agree woke investments that's really hurting the american people and look what it's doing to europe, but it's also creating the situation where we're funding through our not america but to the world's

imports of russian oil, what's happening the disasters in ukraine. reporter: so a new report by the sec shows that it will cost companies $10.2 billion to comply with the new climate risk and emissions requirement that could be passed on as we see inflation is going up. now the president also taking no accountability for inflation. now back to saying covid is to blame. listen from last night. >> because of the pandemic, we've had disruptions in our supply of important material, so prices went up. just look at automobiles. last year, they accounted for one-third of all the inflation in america. one-third was because of automobile companies couldn't get computer chips and the price of automobiles skyrocketed because there was fewer significant demand. reporter: with this being earth day, i feel like i should disclose, neil, my socks are made from 100% recycled material back to you. neil: well, that settles that. count me in. all right, thank you very much, edward lawrence. want to go to nancy mace right

now, the south carolina republican congresswoman, sits on the house veteran affairs committee, many many others. congresswoman very good to see you again. this inflation issue, earth day notwithstanding one of the solutions for it, we're told , is the president to channel more spending to make sure that we have not dropped the ball on this , but of course that spending has in large part contributed to a good deal of the inflation we're seeing. where are you on this? >> i was just going to agree with you there. we know that the massive spending that we've had over the last two years, two -plus years has added to our inflation woes, and higher taxes will also contribute to that and also the money the federal reserve is printing but i've got to tell you, neil, i pick-up my kids from school yesterday afternoon and we stop by the grocery store on the way home in between my meetings and events yesterday, i spent $157 on groceries just to get us through the weekend and i'm not sure that it was enough and i'm not really sure what we got for that. we're seeing prices of everything from the grocery

store to gas going up significantly and as you just heard, president biden talking about the price of cars, i'm still driving a 2011 chevrolet. i would love to replace it with a slightly-newer model, but not going to do that quite yet because of the cost of cars and vehicles especially used in this country today. every working family is feeling the pain that we're seeing every day that i just spoke about neil: all right now so when it comes to spending initiatives you might contemplate they don't seem to be going anywhere with republicans, in fact not all democrats for that matter. let's say republicans take control of the house, possibly the senate. it would seem like there will be a whole different type of activity going on in washington, if not spending, what will republicans do? >> well i hope that and pray that it is, in fact i just filed the penny plan in the house just a few weeks ago for every future dollar the federal government spends you cut a penny and the federal government make no

mistake even in the middle of covid-19 was receiving record tax revenues and when they shut businesses down they kept their doors open and didn't have to cut anything through covid and i would like to see the federal government be treated the same way they had to treat businesses in this country and make some cuts and balance their budget and look at tax cuts. that should be one of the things we're looking at when we do get the majority and i think there's going to be a red wave in november in the house. i think it's up for grabs in the senate but if we have the majority in both chambers i want to hear from our leadership that we're going to tackle all these things and we're in meetings and discussions on how we do that, how we tackle jobs, the economy, inflation and i have to tell you the supply chain must be addressed. we didn't have a single hearing in any committee last year i'm a part of addressing supply chain issues, and these are massive issues that also contribute to the supply chain, the invasion of russia is only invasion by russia of ukraine is only exacerbated that situation and i look forward to working with republican leadership in providing solutions to all the challenges that have happened and transpired under

the biden administration. neil: congresswoman you did mention leadership and i'm wondering what you make of these revelations that kevin mccarthy, what he said at the time, and that audio tape is leaked out now that at the time of the attacks, he was even calling for president trump to resign, said later on talking to house members, "he bears responsibilities for his words and actions, no ifs, ands, or but let me be very clear to you as i've been very clear to the president." if this builds to something, do you think he should be your leader in the house? >> i support kevin mccarthy 100 %. he supports my campaign and supported me in office and one of the reasons i'm on the committees that i have today that i've asked for and earned. neil: i know that, but he said he had never said these things, and now comes this tape that

says he did say these things, so i'm just wondering if his credibility could be in question here, that far from supporting president trump at the time, he was actually quite concerned about his rationale on january 6 and whether he was imperiling the country down to even suggesting he resign. >> right. i read some of the headlines. i have not listened to the tape personally and i'm working about 19 hours a day in the low country in the district that i represent. neil: no, i understand but if at all were true. >> i support him and i have confidence. neil: you'd still support him no matter what? >> i'd still support kevin, yes , sir. water under the bridge, i don't think it's a story going anywhere but i support him wholeheartedly. neil: congresswoman very good seeing you nancy mace, south carolina republican we have a lot more, after this.

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neil: all right we are learning right now that a texas national guard soldier drowned trying to save migrants crossing or trying to cross through the border. bill melugin has more on that, and the back and forth over a surge that well keeps surging. bill is in eagle pass, texas. bill? reporter: yeah, neil, good

afternoon to you. incredibly tragic news we just found this out about an hour ago , what sources are telling us is a texas national guard soldier jumped into the water to try to save migrants who were struggling in the rio grande. we don't know if it was family's kids or single adults but we're told that soldier never came backup to the surface and short time ago we confirmed texas dps that the soldier drowned and we're told that a body has been recovered. now, it's unclear right now if it was the soldier's body or a migrant's body. we're told that a body has been recovered though, and this soldier's death be the first time since operation lone star was launched last march by texas governor greg abbott that a soldier has died on duty as part of this operation. keep in mind texas governor greg abbott sent 10,000 national guardsmen as well as thousands of texas troopers down to the border to supplement border patrol. you can see over my shoulder there are national guardsmen here right now working really hard. they help with the apprehension

of migrants and yes they will jump in the water if people are struggling, and we've seen three bodies this week of migrants. these currents can get very strong so it can be very dangerous so what we're being told is one of the soldiers three miles away from us jumped into the water a little bit ago to save the migrants and tragic ally, he or she never came backup to the surface. just awful news, and this be the second line of duty death associated with operation lone star as a texas dps trooper died in the winter when involved in a car accident while responding to migrants, so neil, we're expecting a statement to come out from the texas military department pretty much any minute now, details are pretty limited at the moment but as soon as we get that statement and more concrete details we'll of course pass that along. we'll send it back to you. neil: all right, bill thank you very much for that bill melugin at the border on those latest developments. stocks, meanwhile, continuing to swoon the dow at 644 points where is the money going? i'll tell you it's not into bitcoin or cryptocurrencies.

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neil: on paper it sounds good. forgive the student loan debt, and just add it to the debt. so no one really pays for that but wait a minute you think about you're adding it to the debt wouldn't everyone pay for that lydia hu back with us and the cost you're not hearing about that you should be because actually you'll bear a lot of them right? reporter: the problem is we don't know how much these changes announced this week are going to cost all of us. as you know the biden administration wiped away debt from 40,000 student loan borrowers and it has further plans to adjust the balances for possibly millions more, but the non-partisan group committee for responsible federal budget, it raises concerns that this could be a costly give-away to high earning individuals. part of the plan entails canceling debt for borrowers who

have been making payments for 20 or 25 years, regardless of their level of income, but that comes as data shows that 60% of the total public student loan debt is held by americans earning more than $74,000 a year , so the committee warns canceling debt without examining income could benefit high income earning people with advanced degrees like doctors and lawyers >> very high earnings, they have very high debt and they have accepted that straight off the idea that we would then forgive that debt doesn't make a lot of sense. reporter: the committee, neil, is also raising alarm bells because they say this plan shields exactly how much debt in total is going to be wiped out. in fact when i contacted the department of education, they confirmed to me there's no estimate for how much debt this plan is going to wipe out, or who exactly it's going to benefit whether these are people with loans from undergraduate studies or graduate studies. that makes it very difficult for experts with outside groups

like the committee for responsible federal budget to come up with an analysis of what is this going to cost all of us. neil: yeah, and they can just say there's $30 trillion in debt and maybe 31 trillion, don't worry about it but i think we should, thank you very very much lydia hu. we got adam dell with us right now. you certainly know his brother michael dell, but adam has been a financial rock star in his own right for a very successful company of course what he's doing, domain money, sort of a market, if you will, for anything bitcoin, crypto- related kind enough to join us right now. adam good to see you. >> thanks for having me. neil: let's talk a little bit about the back drop for what you're seeing with bitcoin. i notice we're back under $40,000 a coin right now. cryptocurrencys have been all over the map but they have not benefited as it used to be and its been a while from the craziness in stocks. i don't know what asset class has, i mean, gold was for a little while, since giving up,

what is going on there, does it worry you? >> well, i think the price of bitcoin on any given day is a proxy for the crypt in blockchain echosystem broadly, and you know, there's enormous volatility in that market just given how nice entertainment we are in the development of these underlying technologies. neil: so how do you help the process along? explain how you play in this segment. >> yeah, investors recognize that they should make crypto a more meaningful part of their investment portfolio but are quite disconnected from the underlying technologies. the average investor can touch amazon, touch tesla, experience disney products, but it's hard for the average investor to really get their arms around sol ara, ethererum are so we've put together portfolios that are managed by our investment team to give investors access to this asset class without the requirement of

of following market everyday. neil: so how would that differ, let's say you're a coinbase investor and you have ethererum and all these other alternative crypto plays under one umbrella, let's say, how is it different than that? >> yeah, well if you go on to coinbase and you buy an individual asset you're really choosing your own adventure. what we offer at domain is managed portfolios, selected and curated by our investment team. we spend everyday focused on deciding which assets to be in our portfolios, stay very close to the underlying developer communities that makeup the crypto echosystem and feel like for the average investor, it's a great option to diversify into this asset class without the requirement of studying each of these assets everyday. neil: are new investors coming in, adam? i'm always curious about that, because the real money was made

early on by guys like you who saw its potential and its been tougher of late to repeat that, and there is a sense of frustration among newer investors that just not worth it what do you tell them? >> yeah, well that's a great point you make. the early wave of investors in blockchain technologies were early adopters, people very close to the technology world. the next wave of investors in crypto are gen z, gen x, people who are older, who might not be as familiar with the underlying technologies and that frustration that you talk about is really what we're trying to solve for at domain money. you know you should have a crypto allocation, you don't know what to buy, we offer portfolios that we manage for you that give you access to the asset class. neil: let me step back if you don't mind. i'd like to get your read of the markets right now and the

concern that they're in for a beating here, that with interest rates backing up, it's just not a good environment, and maybe they will backup a lot more than we thought, people who trade fed funds futures for example, seem to be betting nine out of 10 of them that we'll see interest rates go up three- quarters of a percentage point, already pricing in a half point cut or rise next month. that be 1.25 points in a span of six weeks what do you think? >> well, i mean, we've been in a low interest rate environment for so long, investors have become accustomed to that dynamic. neil: true. >> that's not sustainable long term. i think rising interest rates are inevitable, whether that causes a larger pullback in equities markets is really a function of psychology. at domain money, we're much more focused on the long term trends of blockchain technologies and what they can provide in terms of introducing new financial systems to the market, expanding

financial access to a larger segment of the population, and bringing a more fair deal to the banking industry which is really what blockchain technologies in our view is all about. neil: you know elon musk is a big believer in this technology. what do you think of his bid, not being paid for at this point with cryptocurrency for twitter? >> well, i think elon has a very reasonable approach to the importance of the twitter platform. there's no question that these social media platforms have a real role and a level of responsibility in our society that needs to be handled at a very delicate way. hate and negative sentiment rise s to the top more profoundly than positive sentiment. true information, true facts

rather than things that are misleading, are not well- identified on these social media platforms, and that needs to change, and so i think elon's heart and mind is in the right place in trying to bring more transparencies to these platform s and that's a good thing for our society. neil: you know, they call the whole bitcoin thing, even elon musk a disruptor , and i was thinking of even your brother in this sense, that elon musk wants to take over twitter and eventually, we're told, take it private. of course your brother, michael dell did that with dell, it went private and tried new things. my point is, do you see this as a trend? >> well there's certainly a level of flexibility and agility that being a private company affords. being a public company requires

a level of transparency and quick results that wall street analysts expect. longer term planning can be done more effectively at times inside a private company rather than a public one. neil: is everyone in your family good with money? it just seems like it's in your dna. >> yeah, i would say yes. neil: [laughter] you didn't want to say anything bad about relatives. i understand that. adam, very good having you on. fascinating taking a look at this hemostasis environment, adam dell, domain money ceo. quite a successful track record in and of himself. following what's going on, see track, nascar, it's big, on, again this weekend and would the you know madison alworth is there in lincoln, alabama with what we're likely to see. madison? reporter: hey, neil, yeah we'll see lots of fast racing, lots of

fast cars, hopefully avoiding the crashes but that is something that this racetrack is known for , coming up i'll tell you all about the fans that are expected to be here, the economic impact, and why everyone is so excited for this race weekend.

for investors who can navigate this landscape, leveraging gold, a strategic and sustainable asset... the path is gilded with the potential for rich returns. neil: all right, we are at session lows right now the dow jones industrial down about 668 points and backup in interest rates and fear of more to come rattled investors. the fear is that the federal reserve is going to be a bit more actually maybe a lot more aggressive than earlier thought. not only is the consensus around a half point hike in interest rates next month, but a month after that or so, six weeks after that or so, may a three- quarters of a percent hike after that, and charlie brady was reminding me during the

break you'd have to go back to 1994 to see a three-quarter point hike in rates, orchestrat ed by the federal reserve and of course back to back kind of rate hikes like this , harken back to the paul volcker era, when he was stomping out inflation with what full percentage point hikes at a time. that was then, a lot of people fear it's happening now. we'll keep an eye on it for you, but if you want to get your mind off of that and because it has your mind spinning and you just prefer to watch cars spinning around and round and around see what i did to unite these stories let's go to madison alworth in alabama where the nascar cup series will be heading this sunday. madison? reporter: hey, neil. perfect transition, thank you for that. yes, we are here at talladega super speedway race weekend is upon us, fans are so excited crews have been getting ready, people have been here since monday getting excited for this race. very soon, those stands are going to be filled with 70,000 fans, but neil, i've got a sneak

peak of this super fast-track ahead of the two big races. i've got to take a spin in the pace car yesterday, it was equally exciting and terrifying. we hit 140 miles per hour and were inches from the wall. the cars here, the pros, they hit 200 miles per hour. they actually have to put a mechanism on the car to slow them down because otherwise these cars could hit the mid-2 hundreds that's when you run into issues of getting lift of the car essentially flying so with speeds like this , and the potential big one, which is the talladega car pileup, a crash, fans are almost always guaranteed an action-packed race >> one of our sayings is we'll sell you the seat but you won't use it because you'll be standing the whole time because the racing on track is so exciting. reporter: and these fans they come from all over. you have all 50 states represented, and fans from over 20 countries as well. it's only the second race at this track since the onset of

covid where capacity is going to be at 100% so many of these fans are coming back for the first time in two years, and that's part of the reason why they are so excited to be there, but of course, if you can't be here for the weekend you can catch all the action on fox this weekend, it's shaping up to be some really great races, neil neil: sounds like fun, madison thank you very very much. meanwhile we told you at the beginning of the show about the mass confusion and all that for a while philadelphia was the only prominent city to demand masks back indoors, they reimposed it. now they've deimposed it. well anyway they don't have the requirement, after this. ♪ high high hopes for the limits ♪

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neil: all right, the city of brotherly love no longer loves the concept of masks taking away the indoor mask requirement that they had reimposed when they were a spike in cases in the philadelphia area. david lee miller is following all that and keeping up with the mask confusion david lee? reporter: neil, the city of brotherly love can be the mandate on again off again, the latest now, four days after it was put in place philadelphia

is ending its latest mask mandate. the sudden reversal has left many residents feeling both confused and angry. back on march 2, the city said it would no longer require masks to be worn indoors. on monday the city changed its policy citing an increase in new cases and hospitalizations. the backlash was swift and a number of people and businesses challenged the renewed mandate in court. last night following a closed door meeting of the cities board of health to discuss the lawsuits, they publicly vowed to do away with the mandate. the cities health commissioner at a news conference today said a dramatic drop in hospitalizations led to the change in policy. >> hospitalizations peaked at 82 on sunday. on monday down to 77, on tuesday down to p 74 and yesterday down to 65 it's clearly not a rise in hospitalizations and it just doesn't justify keeping a mandate in place when we don't need one. reporter: meanwhile a number of mask mandates remain in place at various locations across the country. in los angeles county,

passengers must mask up on all public transportation, in milwaukee students and staff we're told monday masks are no longer required, two days later a mandate was reimposed, and in new york, fliers at laguardia and jfk have to mask up but in nearby newark, new jersey they are optional. travel restrictions remain for non-u.s. citizens entering the country at the canadian- mexican borders, the department of homeland security is extending a vaccine mandate, covid testing, however, is not a requirement, and if you're flying into the u.s. , well the rules are different. all passengers, including u.s. citizens, must show proof of a negative covid test or documentation of recovery from the virus. neil? neil: david lee, thank you my friend very much have a great weekend to brian claypool, civil rights attorney and i thought it was great to get him on to talk about how far government or local authorities or national authorities can go pushing a mask requirement so brian, thank you for joining us.

how far do you go? let's say this is successfully appealed that this florida judge 's decision to takeaway the mask mandate on planes, like right now, let's say it's overruled and it's successful. then do we have to all put masks back on, what's the deal? >> yeah, hey, neil, great to be back with you. can you spell chaos when it comes to these mask mandates and these vaccine mandates? the starting point for all of this , neil, we talked a lot during the pandemic about these mandates but the starting point is there are no state and federal laws on the books that deal with mask mandates or vaccine mandates. that's creating this confusion across the country. that said though, you ask a million dollar question about a year ago when i was on your show during the pandemic. you said to me, hey, brian, what happens to these mandates

whenever covid dissipates? that was a fantastic question, because that's what i would argue takes place now. in other words, you need the medical data. there's been a lot of federal cases you and i have talked about and even red states, even in blue states, that say you have to have the covid cases to support the mandates and neil, we're not just talking general covid cases. for example, in la county, now we have this transportation mandate, if you're in a public place for transportation, but, neil, it's not just the number of covid cases. it's 2% in la county but that's not 2% in a public place where there's transportation. do we have any medical data whatsoever in an airport, for example, that shows who contract ed covid in an airport? i would argue there is no medical data to support that, and as such, these mask mandates

are going to, they are going to get flat out battered when they hit the appellate courts. neil: when you talk about percentages to your point, are much lower than they were at the height of this but in the case of philadelphia they impose or reimpose the mask thing indoor s because they were speaking again. again, they readily admit not to the levels they were but a lot higher from the mere non- existent number of cases prior, but that got me thinking, it's dangerous because you're the lawyer here. how far do you go with that, because you could always argue from a point of very low cases, you have a spike, do you just re impose everything all over again? if that's the catalyst this will go on forever. >> yes that's a great point and i think we're going to need a federal court decision, neil, to come out with a formula. in other words, here is what the percentage has to be of covid cases. for example, 20% of the population has to have contracted covid to allow the

mask mandate to be invoked because you can't keep using this as "a preventive measure" or proactive measure. the data has to support the mandate. neil: got it. all right, thank you my friend very very much, brian claypool, civil rights attorney, expert, all things masks and what's constitutional and what's not. it's a mess as is the dow down 700. we hit the bike trails every weekend shinges doesn't care. i grow all my own vegetables

shingles doesn't care. we've still got the best moves you've ever seen good for you, but shingles doesn't care. because 1 in 3 people will get shingles, you need protection. but, no matter how healthy you feel, your immune system declines as you age increasing your risk for getting shingles. so, what can protect you? shingrix protects. you can protect yourself from shingles with a vaccine proven to be over 90% effective. shingrix is a vaccine used to prevent shingles in adults 50 years and older. shingrix does not protect everyone and is not for those with severe allergic reactions to its ingredients or to a previous dose. an increased risk of guillain-barré syndrome was observed after getting shingrix. fainting can also happen. the most common side effects are pain, redness, and swelling at the injection site, muscle pain, tiredness, headache, shivering, fever, and upset stomach. ask your pharmacist or doctor about shingrix. shingles doesn't care. but you should.

neil: all right, i leave you

with the dow down about 701 points at session lows and the fear backing up interest rates, because they backed up a little but not nearly as much as they fear they could be. we told you about factoring in a three-quarter point cut or rate hike i should say in june on top of the half point one they are already telegraphing in may, so it's the size of these and the frequency of these that's rattling stock investors let's see if charles payne can change all this around. charles: neil, i don't know, we might need the closing bell to come to the rescue but i'll try my best over the next hour. neil: thanks. charles: good afternoon, everyone i'm charles payne this is "making money" and breaking right now the market continues to go from the one-two punch remember jay powell and james bullard both spoke in their tough talk has investors scrambling to reimagine fed policy and of course, its execution in the impact on these markets. we're going to dive into all that over the next hour and share adjustments you may want to make in this period of uncertainty. plus, a big time money manager