the idea after boardwalk to keep sand out of railroad cars and out hotels. i like that. the boardwalk was originally a 8-foot wooden walkway that could be dismantled in the winter. it spans four miles. interesting information, constantly on this program. >> i've been on the boardwalk many times. stuart: let's see if neil cavuto can keep the pace of information flow going. neil: i was surprised you forgotten that, remember we were at different news organizations, we covered the opening of the boardwalk. you had the facts, i had stuff on people getting splinters and all. you don't remember any of that? stuart: i remember 100 years ago very well but yesterday is a total blur, neil. you will find that out. neil: are you kidding? i'm there now. thank you, my friend. we'll keep up the pace. you said it. dow jones industrials, cycle lows, certainly today lows, down 582 points.

i'm not giving you sort of a fox alert here. this has not been a friendly month so far, that is the month of april for stocks with the dow down excess of 3% going into the day. s&p better than 6%. nasdaq down 11%. nasdaq is taking it on the chin, even though interest rates are actually coming down a little bit here. the bigger story is just the vulnerability of technology stocks. that average is down more than 22% from its highs, which is more than the definition after bear market, when you're about 20% at a minimum from those highs. let's get the read on what is going on here because this isn't true to form. in other words responding to higher interest rates and selling off on that, particularly when it comes to nasdaq and technology names. jared levy here. delancey strategies president. dave maney. dave, begin with you, end with you. we'll get two biggies after the bell. microsoft, alphabet google.

doesn't seem no matter how well they do, many have done quite well, thank you, but not enough to save the day for them. what is going on? >> a large injection of uncertainty which markets hate. we have gone from a world economic basis, relatively stable political order to one which it is very hard to understand what's coming next. when you look back as i was this morning, looking back at what conditions we faced 40 years ago, we all keep saying the highest inflation rate in 40 years, we sort of israeli go back to dig into what the overall conditions look like under, when ronald reagan became president. they were awful. the prime rates were pushing 21% and the inflation rates were pushing 14% and so in effect i think markets are looking right now and saying, we're not exactly sure where this ends and

we're not exactly sure how these wild cards will play out against each other. as a result, discount rates get higher, stocks prices drop. neil: if there is something more to it than just a connection with higher rates, jared, that is one thing. that is not playing out today. it was not playing out as of late. so this is more than a rate story, isn't it? what do you make of it, for technology stocks? >> i definitely think it is more after rate story, good to see you, neil. i think the key here first of all, what's the consumer story? you have got a lot of conflicting -- there is that we don't know what is going on. you have conflicting information pro a wage standpoint, right? data i've been noticing, consumers their average time at the job has shrunk to two years from four years not too long ago. actually they're getting paid more. the trajectory from we're trying to figure out now, the reason why we're struggling to go into the growth names, right, they're getting pummeled here, okay, consumer is doing good right now

but how quickly do rates rise? will the consumer be able to spend? will they reemerge, reemerge, continue to emerge and continue to hold up profits? a lot of murky out looks from a lot of companies. several reports today where they beat. ups being a great example beat. guidance was good. stock got hammered. it wasn't as good. there was a little if there, that little if was enough to spook investors. the risk-off mentality i think is undue fear, neil. that is going to again just take a reset in the way that we think. neil: i'm wondering too, taking a look at tesla stock, gentlemen, i will explore this a little bit in more detail with kelly o'grady in los angeles. the stock is down close to 10%. that is post the twitter deal that elon musk announced. i wonder if that because 20 plus billion of that is coming out of

his tesla hide here? what do you think? >> i don't know that is it per se, neil. as with so many things in the market, tesla's stock was kind of priced for perfection for many years going forward and i think that while there may be fears of distraction or the public elon overwhelms the private managerial one i think the fact is that, there is this climate now that sort of says, just exactly jared just said, kind of says, wait a second, numerous factors are suddenly murky and unclear. if i can't, if i can't imagine that scenario of executional perfection at my, at my corporation, then, suddenly those, that pricing that i assigned to the stock is not right. neil: guys, hang on to that thought. i do want to bring kelly o'grady on the latest. kelly, the fact of the matter

is, you've been reporting on it way ahead everybody else, when all said and done elon musk is pledging a third of his tesla shares through a margin loan to make that happen. that doesn't affect those shares even as collateral, but it could give, you know, tesla shareholders, potential shareholders, paws, right? >> absolutely. you don't really know what is going on with the stock, how that is going to affect it and it also makes us concerned, shareholders concerned, we could have him split his focus. this fight is just beginning, neil and he's going to have to deal with a lot of pushback with everything going on with twitter. that could shift his focus from tesla. neil: get a sense, what if anything we know he plans to do. his technical control of the company is some months away. do we know what he will be doing in the interim? reporter: yes, so, he faces a war looming inside and outside

of the company. the platform, as you said, has about six months until he takes over. the company held and all hands meeting for panicked employees. twitter was so worried about rogue employees making changes to the platform, that they locked down that product. what he is going to want to do, look at the algorithm. he is going to want to make that open source. will want to bring in the edit button. i think we'll see much more of a town square versus just that black box that i think everyone has been so frustrated with. neil: do you get any sense when you talk to workers there, kelly, not enthusiastic, for the most part about musk coming in, that every, you know, everyone of them, presumably if they had shares in the company are going to get something out of this? that a good many of them will take the money and run, leave the company? and then the question becomes is that such a bad thing if they do? if new talent comes in to sort

of rejigger a sort of a new twitter what are you hearing? reporter: yes, absolutely. i do think you will see a lot of folks take the money and run. you have so many employees posting on twitter that they feel like this is going to be an unsafe work environment for them. certainly elon faced criticism at tesla for having issues within that work environment but really it makes me question, okay, so you have all of these employees with the experience of the product. if they were to leave, how is elon going to now come in? this becomes about execution. neil, so many takeovers fail, right? most m&a transactions fail because you have to actually create that vision but as you said, i'm sure he is going to have no dearth of people wanting to come in to be part of this new order he is creating. so this could actually be good for those twitter employees that don't want to be there and then elon will be able to bring folks that could help him crate this new town square.

neil: yeah. this new sort of dna of the company. thank you for that. jared levy, dave maney. jared, what do you make of that, normally an acquirer of a company wants to keep the people there because you want to maintain their important role in the company. but if you criticize what they created, hopelessly bias, or that they're hopelessly caught in the past, that it might be deemed a welcoming development. what if the folks up and leave, take the money and run. would twitter be a draw? was it a draw to begin with for you? more of a draw with elon musk? what do you do? >> this is really so, by the way, twitter, not about first amendment for elon. you don't spend 45, $44 billion on first amendment. that is part of it. this is big data for him. this is a massive marketing distribution platform that gives him information which again should feedback into tesla. at the end of the day that is

what this is about. obviously which want to make twitter a more open place. i think he can do that. to your point in the short term, if there is a mass exodus, yeah, as much as it is a technical company, a lot of it, algorithm runs on its own. there are people monitoring, get their hands in there, obviously take care of certain service items that could be a hiccup and a diversion for him. i think long-term it's the right play. long term i think you pay a couple bucks for twitter and then again you sort of change around the, you know the income streams. but i like it long term. i think in the short-term it will pose an issue. back to tesla real quick, ford, gm, all struggling. mercedes, bmw, volkswagen, all of these other companies, shouldn't say struggling, they're bringing other competition into the foray. they have rising competition. can tesla execute with elon now devoting his time to twitter?

that will be the tough one. i like twitter long term. i think it is right move. i'm not worried about a exodus. neil: i gotcha. dave, streaming stocks, buying for folks, could go well past the proverbial sky well into space. they realize there is a limit to growth potential here, parceling out, looking for more advertising, layered tier format for customers to keep coming might be a sign, you know, tech technology investors themselves are seeing, running away from now. is there something here about technology in general that goes beyond the streaming, guys, to maybe what we're seeing in general for the group that was priced for perfection and priced for the idea of being these were solid companies, most, large cap players are. what do you think? >> i think there are a lot of layers to that question, neil. neil: yeah. >> i know we're short on time, get into the short ones. i don't think that is universal.

i think the streaming thing, i'm an old, i started my career in the cable television business and the idea of bundling where you could kind of hide costs for program something what built the world we have and the assumptions that the cnn guys that you could pull it apart and still get fully paid and full value for each part of it by consumers is, was where they got tripped up. i think that, marc andreessen software eats the world continues unabated. i think jared is exactly right about the big data value of twitter. i think that technology and software will continue to drive our economy and drive the world but not every, but just because the industry is driving the world does not mean that every company in the industry is driving the world and every phenomenon in the industry is driving the world. and investors need to discern between the two or get burned. neil: well-said, well-said. guys, thank you both very, very

much. marc andreessen the co-founder of netscape was a high-flyer in its day. it is not even around today. the reminder too, sometimes indisputable leaders can be goners before you know it. we'll keep an eye on technology, see what's happening there. also keeping an eye on some very, very quick developments regarding these china lockdowns and how that is potentially affecting oil and the world recovery. we'll have more 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 matching your job description. visit indeed.com/hire ♪ ♪ we believe there's an innovator in all of us. ♪ that's why we build technology that makes it possible for every business... and every person... to come to the table and do more incredible things.

municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free, now is an excellent time to consider municipal bonds from hennion & walsh. if you have at least 10,000 dollars to invest, call and talk with one of our bond specialists at 1-800-217-3217. we'll send you our exclusive bond guide, free. with details about how bonds can be an important part of your portfolio.

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income...are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217 neil: what is kind of remarkable here, the dow swoon better than 500 points. interest rates are getting lower. flight to quality of treasurys. the dollar in and out of two year highs, here. don't blame a backup in interest rates for problems, stocks, particularly technology stocks. oil up a little bit today. not all that much. a little bit north of $101 a barrel.

and that's coming on news of the despite the china production sort of breakdown that is going on because of the shanghai lockdowns and everything else that is spread to other cities and regions in china, which would normally diesel rant on demand. edward lawrence particularly following the oil side of the equation at the white house. hey, head ward. reporter: neil, chinese lockdowns could have repercussions, cases come on in china. could have repercussions when you talk about goods on the store shelves in the united states. john drake, vice president of trans for pages infrastructure and supply chains for the lockdowns will keep oil prices down in general for now. but when china opens up that will change. he adds we will know in the next three weeks on products exactly how the lockdowns affect supply chains and prices here.

>> prepared, what they're seeing right now, outside of china is going to have an impact on the availability of goods, on how quickly things are delivered to their doorsteps. and you know, americans need to be ready for that. reporter: within china even the vice premier publicly he said there must be emphasis stablizing the supply chains. this graphic shows number of cargo ships sitting off the china's port this hour. number of ships doubled since mid-march, a crazy, crazy graphic. this is shows like a slow moving train coming in this direction. white house monitoring, not taking any pretestimony i have yet. >> is there anything the administration is doing to help the supply chain if it clogs up again? >> we haven't seen at this point a decrease of ships coming to our ports in california coming from asia. we're obviously continuing to monitor that. beijing increased their testing which could be a precurse sorry

to a lockdown but we don't know at this point. reporter: however recent data globally one in five container ships are stuck at a point. 30% of that backlog is at chinese ports in particular. this is all a signal that more supply chain ripples could eventually affect the u.s. in three or four weeks. back to you. neil: thank you very much, edward lawrence at the white house. want to go to alaska governor mike dunleavy. always great to see you, sir. i was thinking of you and your state a couple weeks back when the administration announced plans it was open to a tad more energy production on federal lands. i discover it would have very little impact, virtually none for your state. very little interest on the part of energy giants far more concerned about closing off 80% of possible lands they were looking at. doesn't sound like a victory for either them or consumers or your state. >> no. neil, it just, it just keeps

getting worse when it comes to producing energy in this country. again, as you know, we're sending oil over to europe out of the sbr. here in alaska we have millions of anchors of land. we have billions of barrels of oil. we have a pipeline that is a quarter full. we have the ability to transport oil down to the west coast, to our allies. and the biden administration here yesterday just announced, npr, national petroleum reserve of alaska, 8 million of that is taken off the table for exploration and potential development. doesn't get any better. keeps getting worse. we're still scratching our head where these ideas, and where this policy is coming from. neil: do you think, governor, that could explain the run-up in oil prices, albeit muted today, that people are beginning to scratch their heads, wondering, production is dramatically slowing in china. what is accounting for this slight backup and maybe it is this very issue?

>> i think it is. i think it is the chaos and uncertainty in the world with the war in europe. with potential covid lockdowns in china but also what started this the biden administration war on fossil fuels and their desire to go renewable, which again we've said that we agree with and all-in energy approach including renewables, but not shutting down oil and gas. as we demonstrated in europe, especially germany, you have to have a bridge, a coherent policy from here to there. what we're seeing is a lot of chaos, uncertainty. i think you will see prices all over the map. right now, for example, alaska's oil is selling $3 premium over brent on the west coast because there is not a lot of oil getting to the west coast. neil: governor, as a prominent republican i want to pick your brain on what you think of the kevin mccarthy dust-up, republican leader in the house, he had never urged donald trump at time of january 6th

attack on capitol hill, days afterwards to resign when in fact he was caught on audiotape saying just that? is that a big deal? should that preclude him from being republican leader in the house should they control the house and become the next speaker? >> i think that is going to be a decision with membership of the house. i think you know, as more information comes out we'll see exactly what was said or what happened but, again i think this is going to be something that the house has to have a discussion about. we'll see where it goes. neil: governor, it is way too early to start talking about beyond the midterms but there is every indication president trump will run again for that office. do you think if he gets the nomination, no matter who gets the nomination that would you support that nominee? >> i would support the, i would support the republican nominee for president, of course, absolutely. i would say this, neil, with regard to president trump and alaska, he was probably the best

president in alaska's history, the reason i say that every opportunity could be afforded to alaska he was interested in providing. whether an war, npa, or the national forest. from a resource development perspective opportunities for alaska president trump was actually very good for this state. neil: so all the controversies, personal, out there, regarding the former president, you are going back to the economic issues that he led, the benefits to your state he led, that is what makes and made a difference for you, correct? >> it is very important for alaska. we are a resource state and to be able to have an administration in washington that wants to work with alaska, that wants to provide opportunity, jobs, revenue, quite frankly a future for the state, i think it makes sense to want to work with an administration such as that. again, you know, we're a young state, 1959 but we had tremendous opportunities under the last administration. those opportunities have been

taken right off the table by this administration with really nothing to replace it. neil: fair enough. governor, very good for catching up with you. mike dunleavy, beautiful state of alaska. a massive state, just beautiful all the way across the board. also beautiful right now is the push for electric vehicles, but you never thought you could put that term together with ford f-150. that is until now. reporter: here it is, neil, the f-150 lightning. at least part of it. the first trucks rolling off the assembly line today and we are here for it live. that's next. ♪. wealth is breaking ground on your biggest project yet. worth is giving the people who build it a solid foundation.

wealth is shutting down the office for mike's retirement party. worth is giving the employee who spent half his life with you, the party of a lifetime. ♪ ♪ wealth is watching your business grow. worth is watching your employees grow with it. ♪ ♪

♪. neil: we're just learning right now that vice president kamala harris has tested positive for covid. she is not exhibiting any of the symptoms but this is the highest level white house official virtually i think four cabinet members, jen psaki, the press spokesman, have all tested positive for the virus over the last few weeks and months this is the highest it goes to proximity of the president of the united states. of course she meets with him very often. i believe every day they have at least a luncheon meeting. again no indications from the white house it goes beyond kamala harris. she is expected to have a recovery. some of the symptoms she is experiencing which are none tend to be in some of these cases more mild than anything else. again the highest ranking federal government official to contracted virus as least tested positive for it. keep you posted on that. keeping you posted meanwhile on other developments right now, particularly on the electric vehicle front. i'm not talking about tesla and whether it is goes exposed to

elon musk, and leveraging shares against them for twitter. talking about appeal of evs in general. spread far and wide way beyond tesla to ford. even the ford 150. the latest how that is going, grady trimble with the launch. grady? reporter: evs are mainstream when the detroit three automakers are making them. ford is first to the punch at least as far as electric trucks go. ford is dubbing the 21st century model t moment with the launch of the f-150 lightning. here is part of it. we're on the as assembly line where they are being made. you won't see a combustion engine, whether what they call a frunk. the front truck of the vehicle. there is plenty of space to store whatever you want to. if you want a f-150 lightning i would say get in line but you can't even do that. reservations far exceeded ford's

expectations. they capped it at 200,000 of them. then they put them on pause. so as they try to meet in surging demand for not just the f-150 lightning, but e-investments in general, they plan to scale production in a big way. they say they can make 150,000 f-150 lightnings every year by 2023. just next year. they plan to make two million evs per year by 2026 that is a third of all vehicles from ford electric. they hope to have half of all their vehicles electric by the year 2030. so this is a huge start to the electric vehicle push. this is one of the first electric trucks on the market and there is huge demand for it, neil. here at the ruge lech vehicle center we'll talk to ceo jim farley in just about an hour from now. we'll have more on from the interview on "your world." the assembly line is paused for

now. the workers get to participate in the big ceremony this morning as the first trucks roll off the line. they're right back to it. assembly line starts cranking this afternoon because there is huge demand for this truck. neil: this thing doesn't come cheap, right, grady? reporter: starting price is actually fairly reasonable, compared to other evs. around $40,000. but then if you go into the higher models, that is around 60, even up to $80,000. still a lot more affordable than many evs which are in the luxury range of 60, 70, $80,000. neil: in my day, young man, $40,000 was a lot for a vehicle. i don't know, that is the best i can do. reporter: times have changed. neil: look forward to the interview, my friend, grady trimble. grady, gets to do all these reports, as look' doesn't do a stupid impression i'm fine. it doesn't work out. so much going on in the housing front i don't know where to

begin. not surprisingly home sales because prices are soaring, well they're not. gerri willis joins us now with more on that. gerri. reporter: it's a complicated picture, that's for sure, neil. s&p case-shiller corelogic, say home prices in the 20 city index were up 22% year-over-year. that is the biggest gain on record from up from 18.9% in january and look well above expectations. cities like phoenix, tampa, and miami, reporting the highest year-over-year gains in february. phoenix led the way, with get this a 32.9% year-over-year price increase followed by tampa with 32.6 and miami with a 25.7% increase. but wait for it, in a press release the company is saying enjoy it now, because those extraordinary price increases are not likely to continue for much longer as mortgage rates rise, and inflation takes a bigger bite of consumer wages. meanwhile new home sales declined in march to a

four-month low. adjusted annual rate was 763,000. that is slightly below expectations. that is 8.6% below february's rate and 12.6% below the same month last year this is according of course to the census department which says the median price of a new home was $436,700 in march, if you can get your hands on it. now this is consumer sentiment ticked down slightly in april, coming in at 107.3. it is an index a little lower than analyst expectations and slightly lower than march. consumers assessment of current labor and bismarckket conditions fell while their assessment of short-term outlook of business income conditions rose. the conference board saying the numbers suggest the economy, quote, continued to expand in early q2, adding vacation intentions cooled while intentions to buy big-ticket items like cars and appliances rose. neil: interesting. so people would sooner buy an

appliance than take a trip? reporter: right now. or when the survey is conducted. that is interesting because we're expecting a huge bump in travel, right? neil: they got to stop working so hard, don't they? reporter: got to go. [laughter]. neil: thank you very, very much. gerri making final appearance on the show. kidding, kidding, kidding. let's go to lydia hu right now. they're trying to find ways around inflationary pressure getting americans to change their plans, gerri said, more inclined to buy an appliance, hop on a plane. it is what it is. in washington they're coming up with all sorts of ways to address it, fix it, deal with it. invariably i guess involve spending, right? reporter: exactly right, neil. lawmakers are coming back from the easter holiday of d.c. with midterms months away, democrats are focused on reviving biden's fiscal agenda with a eye toward inflation.

revamping parts of administration failed "build back better" act. after senator joe manchin killed the bill in september, demand ad price tag lower than 1.75 trillion. package addresses tax reform, prescription drug costs, energy. a group of bipartisan lawmakers including manchin are considering $550 billion in spending on climate initiatives. that is a deal that could net more natural gas drilling on federal lands. >> responsibility and we do, produce energy cleaner than most any place in the world. we can do better. there will be a time when all this new technology through innovation will overtake any fossil fuels. but at that time is not here yet. reporter: another democratic priority is finalizing approximately $10 billion in additional covid relief that the white house says is needed for booster shots and treatments and testing. debates around this issues are sure to highlight economic concerns like inflation that is running at a 40-year high but

just as with the first round of "build back better" talks democrats insist that this additional spending is fully paid for. >> there is a lot of interest, continues to be in congress to take steps to lower cost on prescription drugs, health care, elder care, child care. those are all steps based on the president's proposal. they're not fully paid for. they're not spending proposals. proposals to lower costs fully paid for. reporter: researchers at the federal reserve bank of san francisco say it is the massive government spending during the pandemic that has caused u.s. inflation to surge. meanwhile republicans are squaring up for the debate. senator tim scott tweeting yesterday, since 2020 democrats have pumped trillions of dollars into our economy resulting in inflation. this is an invisible tax pitting our most vulnerable communities, single moms, seniors on fixed incomes, and people living paycheck to paycheck. neil with, primaries for midterms starting as soon as

next week in some states, democrats have their work cut out for them. they say, they say that the pressure is really on to get a deal done by memorial day which is when the current congressional work session ends. neil: lydia hu, thank you very, very much. when we come back, we've been telling you a little bit about the dust-up of twitter and now elon musk coming in, i want you to hear from a conservative writer and thinker says conservatives should take cues from elon musk and quit the victim-hood on the right. while conservatives have historically called for individuals to take care of themselves, not place blame for their fight on others it keeps doing it, again and again and again. john tamny is here to say, enough already. he's next. ♪.

neil: think quick, what is the difference between elon musk and some conservatives? the difference to them he is not whining going to washington for help. he is fixing it himself. he can afford to. he is the world's richest man. my next guest penned a piece a few weeks back that laid it out brilliantly. john tamny, real clear markets editor. this piece appeared in "forbes." he outlined the conservatives past of whining, twitter canceled me, facebook banned me for my political views, how can we compete with cnn reporting in such a biased fashion, on and on. your argument, john, quit bellyaching about it, do something about it. it was brilliant. the victim-hood thing hit a chord. you still feel that way obviously. >> i still feel that way deeply. i believe in limited government but i also believe in private property more than limited government.

if twitter wants to cancel me, mute my voice, that is its right to do it. rather than complain, maybe i should buy shares in twitter. get a group together to try to buy it. at elon musk has done, rather than being a victim and complaining about what a certain business is doing, a business worth tens of billions of dollars must be doing something right, rather than by changing don't sit on the sidelines and whine, claim you're a victim. neil: besides you're a great writer, reminded the reader, myself included, ronald reagan dealt with the same negative press. you cite it was 90% negative. back in 84, he used that to champion by going over the media, going over the power figures, winning 49 states which i think they call a landslide. >> yeah. it always fascinates me when conservatives say well the media aren't on our side, that is just not fair. well ronald reagan didn't have the internet. didn't have rush limbaugh.

didn't have fox news. "usa today" did a study of his re-election campaign. 93% of the coverage was negative. most of it about the economy. as you allude he talked over them. he won 49 states to one. rather than be a victim he did something about it and i think it is something to remind people now. we keep saying that we're not able to -- democrats offer this, or democrats have facebook on their side. stop complaining, just do something about it. if you have the right ideas you will win. neil: but isn't musk a little different to that point, john? he does have the right idea, let's say, but he has the right amount of money to enforce them, right? not everyone has that? >> i think you're absolutely right, but at least he is doing something about it. i think another example would be rupert murdoch. we're obviously on a fox network. rather than complain, he had a lot of money and started fox. and he did so against all odds. and so i think it's useful to think about in terms of musk. he doesn't have hundreds of billions of dollars because he

does what people think he is going to do. he has hundreds of billions precisely because he takes us in all new direction. i think people worried about, people who think that conservatives get too much free speech on the new twitter or not enough, i don't think they understand musk at all. he will take us in a direction we never imagined with his purchase. neil: i wonder real quickly with your thoughts he is truly conservative. he strikes me more libertarian, unpredictable to the point of that, so what can we expect of him? >> i think you're absolutely right. i don't think he is conservative. i think he he is con gently libertarian. everything he has done from paypal, tesla, solarcity, they always said there is no way this will work. my guess is he will take the company private take us in a direction none of his critics or supporters would have imagined anyone would take it. it will surprise us for his grandness.

neil: i always knew you were a great thinker, john. man, you are a good writer. i want to leave your folks at home with ending line in the paragraph of the story. the whining and victim-hood very much beneath the right and its history. i think john just said it all. we'll have more after this. you're a one-man stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description.

visit indeed.com/hire (vo) your home internet is going ultra! introducing verizon 5g home. see ya cable! matching your job description. with 5g home you get blazing fast 5g ultra wideband internet to power your entire home. (mom) i'm ordering pizza! (vo) yeah, i could eat. (mom) what's our new address? (vo) i dunno. set it up yourself in just minutes, no drama. and look here, 5g home is 50% off with your unlimited plan, just 25 bucks a month, no contracts, no hidden fees... what do you say to that?! (mom) shhh... (vo) right, you enjoy that internet. verizon is going ultra, with home internet at our best price. ♪♪ i got into debt in college and, no matter how much i paid, it followed me everywhere. so i consolidated it into a low-rate personal loan from sofi. get a personal loan with no fees, low fixed rates, and borrow up to $100k. sofi. get your money right.

this is xfinity rewards. and borrow up to $100k. our way of saying thanks, with rewards for the whole family! from epic trips... to the original jurassic park... on us. join over 3 million members and start enjoying rewards like these, and so much more in the xfinity app! and check out jurassic world: dominion, in theaters june 10th.

♪. neil: all right. as one of our top generals, in fact, general mark milley the chairman of the joint chiefs of staff had said, time is not on ukraine's side right now. that is why we have been beefing up arms to the ukrainians, certainly heavy-duty variety. the united states has led the way. other western powers are providing those armaments. it comes at a time right now, where the russians are charging us with escalating the conflict by doing all of that. general jerry boykin back with us. former deputy undersecretary of defense. general, you have heard what the russians think of this, that we're being provocative, that we're pushing it, this is going way beyond ukraine if we keep doing it, but they routinely threaten and use threatening language, not to act on it. can't dismiss that sort of stuff but what do you make of that?

>> yeah, almost to the point, it is losing its effectiveness because they have threatened us multiple times with a nuclear strike or a chemical strike and, and, they talk about escalation and all and to the extent that our administration has been paralyzed by a fear of escalation, i think that they have been effective but i think now it is reaching a point where we just expect them to come back out with another nuclear threat or something similar. i don't think it is, i don't think it is a real threat to be very honest with you. neil: so, general, when we hear, sir, lavrov, the russian foreign minister keep talking about this nuclear reality, chemical reality, you think it is all bluff? >> no. well, listen, let me say this way, the only effectiveness in a nuclear arsenal is the threat

that it presents. they keep shoving this at us. they shoved this at the ukrainians as well as all of europe and really the whole world when they talk about as lavrov did, world war iii. first of all, what is world war iii? if we're not in world war iii right now, what would constitute world war iii? you've got belarus, you have got russia, you probably have mole diva, you have the chinese involved in it. what is this if it is not a form after world war? i think that, once again, i don't think it is just a necessarily a hollow threat but i think that it is one that they, they would have to be pushed awfully close to the brink before they would be willing to release that genie out of the bottle and that would be a nuclear or even a chemical strike. neil: we do know, general, in fact you predicted this a couple weeks ago, that russians would

be stepping up their assaults and not, paraphrasing here i think you said at the time, not where we necessarily think they would be. now they're striking interior of the country. the best we could make of that strategy if there is one, to close off shipments and passageways for aid to get through. so, if it does make it more difficult for aid to get through, then it will put ukraine behind the eight ball, right? >> yeah. that is correct but again these ukrainians are innovative. they have shown the innovation since the beginning of the incursion into ukraine. so i think it would be a problem but i think they woo would ultimately work their way through it and overcome it because they have shown just incredible adaptiveness. neil: thank you very much. general jerry boykin, former undersecretary of defense, multiselling best-selling

author. despite the fact interest rates have come down, oil prices usually are up a little bit. but they're barely budging. there is another catalyst here that goes to worries about whether the good times keep rolling period. this is something bigger than just these numbers. or is it? ♪ i may be close to retirement, but i'm as busy as ever. careful now. - thanks. -you got it. and thanks to voya, i'm confident about my future. -oh dad, the twins are now... -vegan. i know. i got 'em some of those plant burgers. -nice. -yeah. voya provides guidance for the right investments, and helps me be prepared for unexpected events. they make me feel like i've got it all under control. [crowd cheers] because i do. okay, that was awesome. voya. be confident to and through retirement.

>> and take a look at the start, it is not going in the direction it that they have been clear and approved by the company to a the company come the 20 more to come up and there's 4991, but take a look at what is going on with tesla stock now come the currency for the deal, essentially would you have elons pledging one third of his tesla stock is really collateral honesty of this dark is close 210 percent, but inclusively on this news, but that a good complicated things were tesla shareholders are shareholders of the believe that he is his eye off the ball anyway la o'grady is following all of this with the latest from los angeles. guest: hate neil, this is just getting started anyone mask when the battle but now he's gearing up from an all-out war and the time the last hour we discussed the challenges that are inside of the company that external

forces good to be even tougher in the biggest critic inside of media government mobilized on the announcement, and running is ownership dangerous and threatening legal action well past this even past regulation and were hinting at future action. >> when the billionaire announces this, what difference. [inaudible]. i think the question is what's available and right now tech is virtually unregulated field. guest: and failure and infallibility not questioning whether elon gives china beijing leverage your twitter and markey back later after backlash when he out amazon's own operations largely benefited from chinese vendors but many outspoken supporters are celebrating today cheering on musk vision to overall in the platform and restore power to the users. >> this is a step in to what itd

to be which was the public square today twitter is running amok and scissor people in those are making it so that you have the people that use this were going to be in charge. >> one notable surprising support to jack dorsey and he tweeted the musk company is the right one want elon owns twitter, he's going to deliver on his vision now and we are still learning is many other businesses do, get matters amazed when face challenges if his vision is going up with what the supporters hope it will be, you know social media supporters can turn on a dime so you'll come this right will be without some. neil: dorsey will be well if he were to cash in august, the company, that is another close to what billion bucks for him. guest: yes and the new title block, i mean jack dorsey is just kind of crushing right now. [laughter] neil: that's clever and thank you very much kelly o'grady, and what we will say is having

children above the competition here and he was on the story when no one was on charlie, and the hard part now is in plummeting a lot of this right. charles: right and listen, don't ask me why i read the wall street journal major turn of events and they're going to accept his offer like it was a surprise, we been saying it from day one on your show that they have to take it if j.p. morgan and goldman sachs said no, 253 billion-dollar offer, 38 percent premium over where the stock was running before elon made it bed, j.p. morgan and goldman sachs, and the two advisors to twitter, we never be able to self thing ever again and you cannot even believe is like . charles: say no and see what you can cook up on a higher bid or whatever which never happened you know, they were saying well a 70 plus year high, that was -

>> there's seven year plus hi and they had to take this, like the godfather, make an offer that they could not refuse it i thank you so funny management this long and is much you know, surprise from everybody. and again, you make a good point, the real hard part is now in plummeting it and remember some of the things that he said about twitter's business model, he begins patrolling the bots and he wants to verify everybody. neil: easier said than done. charles: how do you balance that whole notion of cleaning up twitter, with his mandate which these professed as well, for free speech is others when he an interesting dichotomy i'm personally, i don't think that it is too big of a lift you know, i was at a meeting with jack dorsey, he was a meeting about eight people at a restaurant and this was back like in 2015 and he just wanted to get our opinion is libertarian conservative columnist about twitter why

being perceived negatively by conservatives and you can get into everything because it essentially off the record it but i did tell him, that player to make sure everybody puts in a record number when they join up, just because most people that are bots, they do not have credit cards most trolls there hiding behind these fake names do want to do that. neil: and a couple reasons predict. charles: i think elon is going the direction i think one of the good things i think one of the reasons that he said no to that, is the republican but he never under quarterly pressure and showing growth in advertising all of this other seven now it's a private company anyone can do some of the stuff. neil: do you think the moscow changes mind. charles: no, i don't think this works is a public company will the reason why they had to take a bit bid by jp a goldman to put

it that stupid poison pill because of that is just so long since the reason they hadn't taken is because it does not make any money and it has not like this weird earnings and where user growth and started so as to the ayatollahs hard to make money when you throw out all of the trump supporters because they have money as well. neil: and what if this goes to a brain drain and he doesn't care and they convert them to make money the run and they leave and that of a seems to be saying. charles: i don't think he cares to three and he probably would welcome it see what i don't think it if i should care, if you think about it this way, twitter is not a viable business model as it is, jack dorsey all but said it and everything they are trying, really walking that book line, if it isn't sold, biden's approval would be through the roof and people come out of the second coming and that is not and aoc would be present and that is all happening and people hated and twitter try to infuse that into

their business model and it is not working and all the other stuff and so what you need to do. neil: that's just a goofy meeting you know what, i mean, and think of it this way. charles: how could you not make something work that you have this much influence people forget that right now, twitter you know a friend of mine hedge fund said that this is an observed betty blocks away and is a white panties a prominent data can't say his name because is off of the record but he said that jeff bezos paid 50 million for the washington post is much better platform the twitter spring 50 billion for twitter and i sent there's no comparison and twitter is much more expensive and much more far-reaching. neil: and has greater potential to hunt greater potential. neil: what about the conservative disappointed that they don't toot their horn here like he said more the libertarian but just his comments on marijuana should give the conservatives a reminder that is going to be conventional conservative.

charles: and so is a pothead these days just so you know. neil: buddies unpredictable. charles: i think conservatives will take the libertarian as opposed to the woke approach of the silicon valley left the twitter did for a long time is 20 that they you do that because jack dorsey has not that if you ever met jack dorsey come he's a really nice guy, is pretty like levelheaded think he wants to do the right thing. neil: but he left the company because he was handling two companies and he ran several company's will he be too distracted and like space x. charles: walter isaacson come i have a little bit of a relationship and in writing elon musk, biography has a week message each other but someone showed me history today and walter isaacson said last night that elon was involved in some very nitty-gritty granular

things in the electric cart vehicle battery and mikey smith all night on any want to talk about twitter and so that was a tesla issue obviously so this is like this guy can multitask and listen, is sleeping on the factory floor when they had all that - they could not get the cars out enough, maybe he soup your superhuman. neil: his attention to detail some a lot more notable than . charles: and he is a visionary let me be clear, tesla dock will go down in price, you know that the market is going to correctly in the market is correcting underway by the property and be the most important publisher the world then when your stock is at an all-time high he knocked the earnings of the stocks went up and is probably got from here and i think that this was the wanted toy, and you have two and

50 billion in paper, any of the 250 might be 200 and tourbillion a couple of months and maybe knows the right time to catch up on out by toy by a volkswagen device like the world. neil: thank you charlie, we had a group on this joins us rhino you know him right, the founder and that was sort of like an eternity of to facebook and was considered pretty much sort of like an - media landscape, not true anymore, and market, he watches and you've seen a from a part of this was all coming together and a lot of people charlie's point, seem to think that in part it is the push for fairness social media, there might be something bigger aptly here what you think, what you think he knows elon musk is right now. mark: you know neil, thank you man and when you look at the play, it could be bigger than

most folks about democracy and how important conservative end of the same time, i guess yes elon is talking about free speech, but is espousing clear principles like real identities are not going to be able to just gross twitter and propagate your opinion to unsuspecting people and then depending on who you are and they know you are not going to be helpful to target marketers even manipulate your opinions in your purchase decisions emotions on your votes, so when you look at that poor what musk is proposing, and actually completely aligns with my philosophy which is conservative or liberal, it's american about preserving the republican and democracy.

neil: i guess you don't use a lot of these fancy-schmancy algorithms that will be on my vote had comprehension but you don't do any of that now what you see back in the party of the users. mark: neil, first of all visibly nonpolitical this is a misunderstanding of twitter, twitter is not a political platform, his lifestyle platform and you are following the stars new sportspeople, and you are following up chefs, not just on instagram, it also shorthanded is actually more intelligent and more intellectual and people love that they get loved to get into this twitter feed is not tiktok or instagram and twitter feed is a very unique and it also very complementary to me because it competes directly with facebook and they agree just offensive privacy and

manipulative violations read so i see this is an interesting moment and by musk, is when were similar first-class team that that knows how to do this and remember now i think you for pointing this out, there absolutely the company meeting with the mainstream guys doing the right thing we have this established a significant foothold there and competing directly with facebook when nobody under nobody also been able to do it so we comment twitter think that musk got a big challenge ahead think he's got two companies with which he said, interesting and i think his instincts are in the right place and that key the subscriber supported at a revenue model really important, we have a premium never show better members are really they are happy to put their 499 a month down to support the mission so that they're not targeted manipulated an

incredible - far more vast than twitter which is why were not as would a competitor and elon it will be interesting if he goes to prescription and twitter is there but they can monetize this prescription because there is an inspiration to being a subscriber coming out there to support mission, there is no mission for twitter and now there is with musk and i think that the progressives are starting to abandon the platform and i think that's a mistake it i thank you so american and supporting the principles of democracy. neil: no points of view on that and a l of people, and he said that all points of you are welcome, all are free here to stick a point of view maybe it is a simple as that nobody everyone and if you say, if there is a balance, pruitt in the meantime, we interrupt this great airline industry story, for the likes of delta and united ellen front bookings,

jetblue shares are falling right now, the her life drastically cut is 2022 growth plan and saying that it's going to avoid a repeat of headaches for travelers and crews who are stuck in airports with lights were suddenly canceled but is not give you an offset to do that sing even allowing for the businesses are booming jeff right now, next.

at adp, we use data-driven insights to design hr solutions to help you engage and retain top performers today, so you can have more success tomorrow. ♪ one thing leads to another, yeah, yeah ♪ ♪ ♪ we believe there's an innovator in all of us. ♪ that's why we build technology that makes it possible for every business... and every person... to come to the table and do more incredible things.

this is xfinity rewards. our way of saying thanks, with rewards for the whole family! from epic trips...

to the original jurassic park... on us. join over 3 million members and start enjoying rewards like these, and so much more in the xfinity app! and check out jurassic world: dominion, in theaters june 10th. i know there's conflicting information about dupuytren's contracture. i thought i couldn't get treatment yet? well, people may think that their contracture has to be severe to be treated, but it doesn't. if you can't lay your hand flat on the table,

talk to a hand specialist. but what if i don't want surgery? well, then you should find a hand specialist certified to offer nonsurgical treatments. what's the next step? visit findahandspecialist.com today to get started. neil: have heard a lot about the title 42, that goes away next month, the judges temporarily block the biden administration from formally ending this policy, where we turned back those of the border and send them south of the border and that could be lifted soon and so supreme court is taking up this issue and jacky at the white house with more. guest: entrance before the court order for the judges is just that a temporary restraining order the temporarily exiting action and title 42 it's only 13, scheduled during that hearing could have some impact on the biden administration's plan to the title 42 and 23rd of may but of course that is yet

to be seen is over willingness the white house rather as shown no willingness to change course on this despite all the pushback is been getting even from members of their own party and there's a is a cdc decision i come up with congress wants they change it or extended to have to take away the cdc's authority to determine when they come conditions are met to live title 42 republicans are for ready for the stabenow want to see the title 42 date and place listen. >> it the ripoffs, one remaining mandated, preserved at least some shred of law and order, the biden administration is trying the pandemic it is over, and finished on our southern border and now they do believe pandemic is over however for the american citizens oh no before no democrats have stepped up to two try to remove the authority on

the issue and many including the congressional hispanic a carcass as they were actually bridging for the cdc to extend the public health emergency, because a statement families are benefiting from the medicaid enrollment expansion and they've also need to protect and resources from long-haul covid-19 and simultaneously argue the title 42 should end because they say was instituted under the trump administration and hate and fear and anti- immigrant agenda now at the same time, they acknowledge there is a coming surge, the department of homeland security because it is made as many as 18000 migrants across the border day up from the average right now 7000 and this is already putting a strain on local communities national guard specialist lost his life a couple of days ago, trying to rescue two migrants who were smuggling drugs in the white house responded to that yesterday take a listen. >> we are morning the loss of his life we are grateful for the work of every national guardsmen i would note that the national

guards the state and so he's an employee of the texas national guard in his efforts in operation was arrested by they're not by the federal government and in the severed in the apparatus. reporter: the comment has caught some criticism and having blame for the specialist death the state of texas and it national guard, is trying to basically take hold and tick control the border because they say the federal government has not done enough and so the critics of the white house were latching onto the comment yesterday saying that men would not of been the water if that situation had not been there neil. neil: that's a good point and jacky hunter get the white house without congress and michael - republican state of mississippi mississippi 20 is now just got back on the border along with mccarthy and congressman, he had a chance to see what is going on there and now you know what you

been saying how title 42 if it does go away next month, the numbers will surgeon, hugely and do you agree with that. guest: i do and i do want to make sure that everyone knows that our prayers and thoughts go out of the family specialist at him dying over the weekend and he died doing what he loved projecting his country to guide trying to help others and he died trying to secure our borders and i will tell you that when we were on the border, every individual that we talk with without exception told us that the border was the worst that they have seen it in our lifetime in the last month, november 221 immigrants were apprehended across our southern border and that numbers expected to grow an increase dramatically once, goes away. neil: and obviously a judge has told us with the time being but this very well could go to the supreme court, do you thank you so likely. guest: i do and i think that

regardless whatever the rules and i believe that it will be challenging i think ultimately the decision will be made in the united states supreme court and i hope they continue to keep title 42 intact and keep it in place until the supreme court is able to make a ruling and we talk about where we are now, roughly 7000 today then the department homeland security has predicted up to 18000 and today was 42 goes away and you play that over 30 day period of time, that is over half a million immigrants flooding into the united states each and every month and we do not have the capacity to deal with a number of immigrants i do believe that certain parts of the border where we will lose operation of we do not have something in place to alleviate this during that will because once title 42 is removed. neil: kevin mccarthy, a lot of controversy about maybe not being part of it entirely truthful said that he would

never suggest during the height of the gender six attack, the capitol the donald trump reside and that he was going to bring up the issue with him and turns out on audio he had recommended or talked is just that way and did he talk about this with you and is he worried whether the republicans will reject him as their leader assuming they take control the house. guest: kevin was question about the fact, during our press conference but i will tell you that i have no concerns about the ability that kevin mccarthy, he's done an incredible job as a minority leader and think that he has the support of the large majority of the conference i think that once we do take a majority in november, i do think on january 3rd, you will see kevin a probably speaker of the united states house of representatives. neil: you don't think this morning, and say look, i am assuming you why that's huge it anything about. >> and again, if you would ask

me what conversation did you have a year and a half ago and can you remember everything that you said and everyone that she spoke so i think many of us would have difficulties answering that question. neil: but you remember this day in the disaster, i mean, . guest: you would remember the events but if you were to ask me better conversation i had the days after an things i may have set i will say that i would have difficulty remembering exactly who i talked to what i said when i think when you see the claims mccarthy was lying, i believe that he was doing his very best to answer the questions that he was asked and again i think that he is done a phenomenal job leading this party and i thank him for going to the border to call attention to the crisis that were seeing on the border i would encourage the democrats to follow his lead and mccarthy is been to the border on numerous occasions and the president has been there zero times the vice president has only been once and this is an issue we need to lead on the border we we need to

remain focused on over your saying that is happening on this i border and impacting every community in america. neil: so many guys do take a majority now she would support kevin mccarthy to be next week or. guest: definitely would. neil: thank you congressman michael, mississippi iraqi ranking member of homeland security committee and so much more will have a lot more of this including the dow down about six and 40 points and nasdaq, bear market going into the day and suffice to say that were deeper and bear market territory after this.

neil: here's how bad this whole

big coin thing is going, even good noise is not generating much interest and it was supposedly be benefiting from the association with you on nothing big fan of the going and then news that the - is going to allow retirement savers, two plus coin and 401k accounts so what is going on here and what is make of that when you ignore as we good news like that, joining us now, the group block chain ceo everyone in all things crypto and you think those two developments alone would be a good backstop for the selling that's occurring the stocks in bringing some of that money into crypto assets is not happening and why not. grant: absolutely yes, it is confusing and i think what is going on now is with the fans, raising interest rates and all of the uncertainty about what they will do next month and there's dark their way to do - with big coin maybe even a 75

and investors are just a little wary about this way to go and when we talked about recently where the big coin and there crypto markets typically do differently from the stock markets but right now the basically money think it's just means uncertainty with the economy and the foreign stuff going overseas find out with russia all these different developments of regattas come i think about when you focus on long-term investments when it comes to crypto think investors need to stop looking for crypto, quick money and start thinking of long-term investments is a big coin and if there him and something that you are looking at the long-term trajectory this when you take advantage of days like today that you can buy that at a discounted rate. neil: i think will go kobe might be wrong but, the money is already been made and crypto currency and do you buy that. grant: absolutely and i think that 2020 in 2021, there was

most money ever made in the economy ever they increase the money supply by 40 percent everybody had all of this extra capitol then the craziest thing i made a big went on going better not betting my retirement on this are my life savings on it, i think what that is, is a confuses the investors think it's quick money when it comes to crypto and it is not. neil: but you can enjoy those quadrupling things that you enjoy, heather the investors come back out of this was my homerun plan and i seem to be running my get a double or triple out of it but what are you saying. grant: will even say over three or four years coming get 100 percent return, that is a heck of a lot more than zero or something like that of this not something the majority of your portfolio, this is something that you're just 10 percent left and you're making that that but look, i could have some crazy return next ten years into my

retirement, absolutely but if this does not pan out a workout and i don't get that huge homerun cut like you are saying, so buying it in them so retiring money still protected so i think that we have to look at it like this but over the next couple about's, to be a lot of uncertainty the race increasing but this market will say bitcoin will go to levels that people are talking about some point happen overnight just like with the, over $2 trillion in assets and out all of these different investors who probably willing to put a portion into the crypto space, they could now the going to be able to so as we start to see this major money in these big financial institutions are to improve and incorporate crypto limit coin into the investors and for the customer's a lot is going to pile into this and next five years and we've ever seen in any single industry. neil: will have to watch closely and thank you breast good catching up with you on this bitcoin the currency to west point their selling up-to-date

so the stock market is down, hellos down about 631 points and nasdaq a, is going to watch and were already down 11 percent on the month of april right now which is double what you are seeing the s&p 500 lose but from our highs and nasdaq is down more than 22 percent, not only and correction, bear market toes after territory more after this. a dedicated fidelity advisor looking at your full financial picture. ♪ ♪ with tax-smart investing strategies designed to help you keep more of what you earn. and set aside more for things like healthcare, or whatever comes down the road. this is "the planning effect" from fidelity. ( ♪♪ )

( ♪♪ ) ( ♪♪ ) ( ♪♪ ) ♪ wait, oh, yes ♪ wait a minute, mr. postman

♪ yeah, yeah, mr. postman - "dear michael, i appreciate your help, patience, and support through the reverse mortgage loan process. you are an asset to aag." this is from helen, a happy customer, who got a reverse mortgage loan from aag. you see, a lot of people aren't sure if a reverse mortgage is really right for them. so michael and all the experts at aag work hard to make sure you understand exactly what you're getting. they want to make sure you're happy. - [announcer] call aag today and find out how a reverse mortgage can help you eliminate monthly mortgage payments, pay for living expenses, and even high interest credit card bills. call now at the number shown on your screen. - a reverse mortgage with aag can be easier than you might think. or as ann says, "working with folks at aag

was like dealing with a friend who had our interests at heart". whether that's for paying off medical costs, or as dennis says, "finally getting that new truck i needed". reverse mortgage loans have helped over a million families get tax-free cash for a better retirement. - [announcer] if you're 62 and own your home, aag could help you get the right loan for extra retirement money. call today for your free no hassle reverse mortgage guide. call the number on your screen. - these letters show why aag has such a high customer satisfaction rating. "i feel so much better." "it's like a savior to me." so you wrote this. - yes. - thank you, edna. - [announcer] don't wait. see if a reverse mortgage is right for you. call now, the number is on your screen.

neil: having any right now in ukraine, talking country and cutting off passageways and military could make its way through, and also vital infrastructure centers around the country, pulling all that, joining us out of kyiv. guest: good afternoon russian forces continue to target areas along frontlines and showing the

northern city and all the way to the eastern region, and this is officials around the capitol i'm kyiv more evidence of russian atrocities here. >> they walk through her backyard, opening the door to a small shed and on top of the concrete vegetable seller. >> they didn't find is a verse, we were sitting in the shelters coming in. she said, and outside of their home any's of the ukrainian capitol and she and her husband, - russian troops also than she describes the moment they were found by young russian soldiers. >> he comes in he opens the top and like this and i saw his barrel aimed at us and 46 -year-old recalls that the couple stayed here for two weeks before evacuating in their home was damaged amid the occupation and the destruction in this part of ukraine, stretches for miles residential blocks planted by showings and fire in the residents in neighboring areas destroyed and in the region, the

villages turned about a fields is russian troops and is on the capitol of kyiv, ukrainian forces artillery and antitank missiles of the russians pretty stop there events pretty and nearby ukrainian police documented russian gear left behind in the remnants of the school are taking photos and swabbing for dna anything they can do to preserve evidence russian atrocities in their town. and they were living here and they sold alcohol from the local shops when investigator said that russian boxes clothing litter the long dark heloise of this building and the troops and improve for the russians used civilian structures for military purposes. >> when they were in this village, they took over the school to use as a base and the play say before that i think mind the whole area and blow up the school. >> there's a real understanding

by the leadership that what they found outside of the capitol kyiv is just affectionate of the destruction across his country. neil: that's incredible and thank you very much, and on all of that and meanwhile the sages continue right now targeting vladimir putin it if you think about it going after oligarchs but didn't know less, the daughters and now apparently, his girlfriend and this year the latest from alex hogan the, he london. reporter: hi neil, new possible sanctions target, helena, believed to be russian president vladimir putin girlfriend and according to u.s. intelligence he had comments from officials is a 39 -year-old former the big athletes it pretty she was international remake gymnast who won two gold medals and she would be enter a career 1996 and retired from the sport in 2007. she's also been a cover model for russian vogue believed to be a mother of at least three russian president vladimir putin

children and she is now under the microscope of 200 accused of helping hide putin's wealth such as in switzerland in the two are photographed together multiple locations and sanction could happen again service of our they are on hold u.s. officials are telling wall street journal that it would be seen as to personal of a target and only escalate tensions even further in world leaders have/russia with heavy sanctions since the invasion began back in february and freezing assets and seizing assets of the oligarchs in the u.s. already impose sanctions on vladimir putin adult daughters and i was far as the kremlin said that there is no relationship between russian president vladimir putin and in this athlete, she herself also denies a relationship. neil: thank you alex, reporting from london on that and we told you many times that we look at inflation that historically when

people stop paying the higher prices and we are already sing that we told you the beginning of the last hour, that we are already sing when it comes to the homes were he example come home prices search 20 percent of this time in homebuying slowed dramatically and now it's extending other consumer spending will spelling out because you might be contributing to this.

new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. every year we try to exercise more, to be more social, to just relax. and eating healthy every single meal? if only it was this easy for us. fpx nickel's discovery of clean, green nickel at its flagship property in central british columbia is paving the way for low-cost, low-carbon nickel production for the booming

electric vehicle market. fpx nickel. >> the day you get your clearchoice dental implants makes every day... a "let's dig in" day... >> mm. >> ...a "chow down" day... a "take a big bite" day... a "perfectly delicious" day... >> mm. [ chuckles ] >> ...a "love my new teeth" day. because your clearchoice day is the day everything is back on the menu. a clearchoice day changes every day. schedule a free consultation.

neil: palm was been having on the inflation front but it's interesting that we have this way too young to be remembering inflation in any way shape or form in the past but now she has seen it president center, and she's been scarred for life as a result because it's keeps surging this many, just keeps dropping la as it is really really coming together now is that medicine. guest: it really is neil and i've been dealing with this for quite some time and affiliate everywhere researchers like a grocery store do the gas pump, what this all means is that because inflation is surging people have less discretionary try to get that means they don't have the dollars to pay for

other things maybe luxury items are things you don't necessarily need weather still essential for everyday life and taking a look at where this spending yes, compared to our world market, so surprise that it is traveling the world market by quite a bit there because we been dealing with these high prices and for some time and so what is the main when we have to less discretionary dollars to spend and for some people, having thought going to the restaurants at all and others and means that when you do go out, spitting us are budgeting once you are there. here's the family on imprisonment had an they tell me that even though people coming back to the offices that surround his restaurants, the revenue is saying the same effect might even be going down because the customers that are coming in, are spitting less each time. neil: but that's typical with a hamburger in a cheeseburger, this pretty common order we are sing generally people foregoing that before can you imagine

getting up broker, people receiving out of these discretionary items, maybe that you don't need although i would beg to differ and part of the problem neil is that is causing more for the restaurants as well with inflation not just consumers with the restaurants say for example milkshakes in the ice cream they go into the milkshake is just increasing cost for the restaurants by 30 percent on friday and the owner and are telling me that if you want to keep up with alchemy would have to charge $10 for this milkshake and they haven't made a decision as to what they want to do it he said that we he would feel like he would be a fitting the customer's feet charged with that much for this shake if you know the reality is something's gotta give an overall cost have gone way up and restaurants are paying their workers much more because is like such a tight labor market to stay competitive you got to offer more on average were looking at an increase of 12.4 percent pay year-over-year only comes to shivers before the pandemic, they had five

restaurants and right now they only have two and so the reality of the inflation neil, were affiliate especially for consumers and the businesses that rely on the consumers to come out and spend discretionary dollars and we are seeing that dollar go down and down is anything else goes up in price. neil: and they have great food, great comfort food and if you getting hit there obviously people really are crunching in madison thank you of us go to morecambe expert on inflation, and good read of what is going on and you know that restaurant is sort of like this go to place for good comfort food and if people holding back on bass, maybe the next stage in this inflation story. guest: will that was certainly a small milkshake that she was holding onto. neil: i noticed that you are right steve. guest: look, part of the ways

that restaurants and stores are doing of the inflation is giving you a smaller serving and so, incentives 12 ounces, hit is 10 ounces and so on and that is a real trend right now to deal with the inflation prices with respect to the stock market i want to make it a court-appointed that i think people are not paying attention to and we got some pretty good corporate earnings reports today in the consumer spending numbers were pretty good except a lot of the statistics, that you report on other networks do as well, are normal terms no real terms, so we have to remember that when you see something is up 6 percent over the last year, and actually adjusting for inflation the numbers are down. neil: that is a very good point steve, but if people are sort of retrenching a little bit are accepting smaller sizes, it was argued inflation stops we stop paying those high prices and

then comes stagflation the slowdown and then you've got a one-two on and what you see happening now. steve: i think an incredibly precarious spot right now i think were going to get on thursday, the gdp report for the next quarter underestimating 1.y lousy given that were supposedly in kind of a post pandemic it. prosperity and so, that look, i lived through 81 and 82 when the inflation gets really bad and is persistent, have to drain it out of system and it can cause real pain-and-suffering the longer that we wait, i think that that were taken via terms of adjusting to a normal situation to get the inflation rate down to below 4 percent more quickly that it does happen the better and want to make one of the quickly come up there is supply side of the economy, not just about pulling money out of the economy, the businesses to

produce more and gas production if we is more the united states the price of things will come down. neil: and you mentioned at the cdp report and some of these whispered that i could be negative number which means the second quarter gdp, that's a negative number, you got to recess and help likely is that a recession taking hold this year that would be a lot earlier than many people thought and that is far from this but part of the whisper kind of fear that is out there. steve: i want to go with the consensus that will be between one and one half percent but this allows a number and we should be growing at four and 5 percent right now easily coming into the businesses are reopening and people are staying home because of covid-19 and movie theaters are back open restaurants are doing well and so i just really fear this inflation contagion is not under control is causing incredible hardship for the businesses and

you were just pointing out these wage numbers for the restaurant workers, those are good numbers 12 and half percent or something like that what i fear little bit is this wage push inflation as wages go up in the businesses have to raise her prices and they have to pay higher wages when you the cycle. neil: you're good at explaining things as you were with the former president trump and take a look at this, steve moore and i are noticing the size of milkshake and size of an order of fries and the size of the burger, all you need to know is telling you right there, food for thought. re meet jessica moore. jessica was born to care. she always had your back... like the time she spotted the neighbor kid, an approaching car, a puddle, and knew there was going to be a situation. ♪ ♪

ms. hogan's class? yeah, it's atlantis. nice. i don't think they had camels in atlantis. really? today she's a teammate at truist, the bank that starts with care .. if you used shipgo this whole thing wouldn't be a thing. yeah, dad! i don't want to deal with this. oh, you brought your luggage to the airport. that's adorable. with shipgo shipping your luggage before you fly you'll never have to wait around here again. like ever. that can't be comfortable though. shipgo.com the smart, fast, easy way to travel. at vanguard, you're more than just an investor, you're an owner with access to financial advice, tools and a personalized plan that helps you build a future for those you love. vanguard. become an owner.

neil: session lows. a nation turns it lonely eyes, to my buddy, charles payne. charles, get us out of this mess. charles: my nickname is atlas, i will try my best. good afternoon, everyone, i'm charles payne. this is "making money." breaking right now, the market is slammed by a ball of confusion. inflation, supply chain issues, fed, earnings and war on ukraine that is slowly drawing the west in closer and closer. meanwhile it is war in the united states. it's a new civil war. how elon musk takeover of twitter exposing cracks in our society but what if he does for the platform what he did for the