on the week, but may gains to close things out. speaking of the chinese property, whoa, he will remember monday shares in evergreen group were halted as news broke about the embattled company to be ordered in mileage 39 building. but on thursday developer saw some gains that the index is a whole gain nearly 2 percent in japan. we have a red arrow for the ne k down by one percent. and the case saw losses of 3 percent on thursday react to the dow in the united states thing it 1st loss of the new year . now of course, keeping the future of the fed tightening monetary policy in mind. in india, we have our 1st green arrow for the week, for the centex, getting nearly 2 percent on the week. this was the biggest weekly game for the index thing, september energy and it related stacks pushed things up to close out the week. indian national statistics offices predicted the country's economy will grow by 9.2 percent and the current fiscal year. this would be the largest growth since the eighty's propped up by farming mining and manufacturing output in australia. the

assets 200 down for the week by just under one percent earlier in the week. shares hit their highest level in 5 months, but fell off as tech stocks dipped on wednesday. following the trends of the nasdaq, as a watch for the federal reserves outlook on rate hikes, in response to the ama cranberry household spending in sydney and melbourne, it low levels not seen since widespread lockdown that made the height of the pandemic. and moving to south africa, we have a green arrow, but market did trend down to close out the week. the ran strengthen against the dollar to close things out as analysts are looking at a central bank interest rate hike early in the year. now let's go over to rachel with more from europe in the americans. thanks. here we start in the u. k, where the foot the has a rare green arrow to end the week. this come, despite the nation reporting around $200000.00 new covey cases per day, which is resulted in a sharp reduction of staff for hospitals, transportation retailers and restaurant. now, recent survey from the british chamber of commerce found that

a record number of businesses are concerned about inflation and more than half planned to increase their prices in the coming months to keep up. inflation is also a major concern nearby in the year where the french cack is down while the german dax is flat for the week. as we have reported, inflation in germany is now at nearly 30 year high. however, inflation in france stabilized as a slight decrease in energy prices was able to offset the increase in the price of goods. those figures are bringing about hope. the skyrocketing prices may have finally hit their peak across the atlantic now to brazil, where the evo vasa, is also in the red falling more than 3 percent this week, the nation continues to struggle to overcome and ongoing recession as industrial production fell again in november, marking a 4.4 percent decline, year over year as it falls to the 6 month in a row, despite multiple interest rate hikes. inflation has remained in the double digit, and it's another red arrow over in mexico for the b n v. while inflation grew less

than expected in december, it is still more than double the central banks target, leading to predictions that there will be another interest rate hike for the 6 month in a row. the auto sector that the nation relies heavily on also saw production fall to its lowest level in nearly 8 years. as the global chip shortage continues to take a toll on the industry. and here in the united states, the tao, the nasdaq and the s n p are all down for the week, while inflation remains near 40 year highs. the federal reserve gave new insight into his plans to begin increasing interest rates as early as this march with plans to begin reducing its balance sheet in the months to come. as for the question of when those prices will come down, while the, by an administration claims that has a plan to tackle inflation industry by industry. and finally, over to canada, where we have one more read era with the t s x. not only are the majority of can

concerned about inflation, which is at a 19 year high. but a recent bloomberg survey found that 90 percent believe it's time to start raising interest rates, hoping it stops those prices from increasing even further. now moving into next week, we will continue to keep an eye on the safe inflation and the ongoing impact of supply chain shortages around the world. and the latest jobs numbers here in the united states are in and the labor department is reporting that $199000.00 jobs were added in december. that's significantly less than the $450000.00 that were expected. but it does mark the 12 consecutive months of job growth here in the u. s . at the same time, unemployment also hit a new pen. derek pandemic era low with president joe biden, referring to it as a historic moment for the country. but with so many of those jobs being added back following the year of historic lockdown that we saw in 2020 and with job growth falling well below expectation for another month. questions remain as to how it

will affect the federal reserve and its definition of maximum employment. so joining us on discuss, or boom, lucko, hosting i and tokens most ceo of transform or any research. great, have you both on the show today, christy. let's start with you. now we know that the federal reserve has been using this term of maximum employment as a target for months now. so are we finally approaching that target and do we know what it could mean for the timeline? yeah, so despite the poor job creation, last month, wages rose and the unemployment rate fell below the 4 percent level that the fed official feels is sustainable. so what that means is that there's really nothing to dissuade the fed from raising interest rates in march and shrinking its balance sheet soon after that. and that's the benchmark that they set. so they're going to try really hard to try to stick to it, even though it doesn't tell the full story. because as of mid december, the economy was miss thing about 3600000 jobs relative to the employment levels

from just before the pandemic began. so there are basically 2 story lines here, unemployment rate improves, but the labor force participation rate didn't budge at all. and now this measure includes people who don't have jobs but are actively looking. so the lack of improvement in the labor force participation may eventually force the fed to rethink its views on how far away they are from maxim blame. and so the latest number suggests that there is still demand for labor, but the various factors kept the lid on hiring throughout the fall, such as a lack of child care virus. fear is large savings cushion from last year. and so the rise and also the rise of on the crime, prompting more restaurants to shut down or basically just dissuade indoor dining in general. so looking at this point 9 percent, it only tells half the story. absolutely. now what do you make of this whole situation? because when it comes to the jobs report, we keep seeing results that are far below the reported target. and meanwhile,

of course, we have those record number of job opening. so why does estimates been so far off in the last few months? and is this something that we should be concerned about at all? well, there's a couple of reasons, but let's start with chris. the i disagree here. we are at full employment. and the reason is we don't have the metrics. remember all the ways that we measured employment, we're all pre pandemic, and you can actually get ahold of people, you could actually get to the 80 p report versus other reports, and then you had seasonal smoothing. well, none of that applies any more. frank marriage, for instance, we have probably 10000000 people that we blocked out of the out of the workforce. they're gone. it's the great, you know, goodbye. well how, how do you model that? you don't, we don't still understand how many people have have retired that way we talked about yet. so, you know, in economics, we call this really dirty numbers. but if you just do the really simple math, we are at maximum employment in less 5 or 8000000 people decide next. but to come

back to work and any going to happen. what does that mean for tobin in your opinion, for the federal reserve at this point? well, the reserve is going to start in march. remember, here's the big headlight. we have had quantitative easing. the other words buying, putting money into the economy for $6.00 trillion dollars since 2010, 2011. we are now going to be in quantitative tightening. we haven't had that in can 11 years. what that means is they're pulling reserve cash money out of the system, and when that happens, interest rates go up. that means that the tech market has done what it's supposed to do, which is crash, was living on fumes for, you know, i'd say 3 years. and what's gonna happen is, is energy prices are going to go up that good for energy stocks, financial stock to do better because they can make much more of a spread on what their cost funds are. and commodities are going to go up. so

there's a lot of ways to make money here, but if you grew up only buying tech stocks, you're going to be her cowboy or cow girl, the next year. curse the where does that put the investors in all of the themes like there's still concerned that the policy could be too aggressive in their eyes . but then how does that latest job that actually play into this based on what you and what are basically saying here? i mean, it is aggressive and there's this concern that the fed is not looking at the full picture. i mean, i think the latest job number is it was a mixed bag. obviously a mist expectations by quite a lot. but the underlying story, i think with the lack of availability of labor, which is manifesting itself right now in faster wage growth, which is why we saw wage going higher. because right now the fed officials admit that their difficulties actually still remain in the labor market. but they have less to do with monetary policy, and they have more to do with the ongoing disruption from coven 19. so things like the reopening of schools, or child care or health conditions, etc. yes, you also have

a lot of retirement and baby boomers also go into those numbers. so there are still a lot of factors in play here, and it's not a clean number. as tobin said, but right now the column still is raised rise faster than the market is prepared for. it will hurt a lot of the high growth industries, especially the title sector. and this will also put a lot of pressure on the economic recovery as well. right, and i know we've seen certainly a lot of changes over the last 2 years, sort of had a massive impact on our economy. now tobin when it comes to the end of this latest sort of free money era, driven by the are you seeing a difference in the way that the public views it specifically when it comes to different generations of americans and the ways that they're investing? well, look, we have what to 31000000 new brokerage accounts that stock brokerage accounts, people who never had a brokerage account in the last 2 years. what did they seem for the last 2 years? you buy tech, you buy tech, you buy tech, to think of them buying an energy stock, particularly if they're a zoom or, or millennial, who think that, you know, energy stocks are, are killing them climate. it, they've got to be in,

in like twilight zone right now. it's funny that in 2000, when i was a hedge fund manager and we had got out of tech and we got into energy and financial cell and so forth. people thought we were crazy because they just started investing in 1998 and all they bought was pet star. so this is a massive transformation when, when you go from quantitative easing, the quantitative tightening of a monetary system. it's a whole new playbook, and i'm afraid unless these people are smart enough to watch the show that they're playing, they're going to be investing with the old playbook. and we've got a new playbook to make money problem. or as i'll certainly be interesting to see where it goes and we will be here to cover it along the way. tobin smith and transform new research and boom bus, christie. i think you both for your time and insight going to be a new 2022, it kicking off with a new round of media consolidation among the move that appear to be on the horizon . warner, media and cbs. looking to sell majority ownership of the c,

w network boom bus co host, an investigative journalist, ben swan is looking into the story for us. guys, among the media moves that are being made are a new round of acquisitions aimed at making media companies not only bigger, but much more valuable. so let's take a look at those. the new york times is buying sports new site. the athletic for $550000000.00. the latest move and strategy to expand its audience of pain subscribers as the newspaper print, as business continues to fade. as of the most recent quarter, the times had around 8400000 subscribers. it has been diversifying, has coverage with lifestyle advice, games and recipes, how we need to counter a pullback from the politics driven news traffic boom of 2020. or meanwhile, vox news is planning its own expansion with plans to acquire group 9 media. the publisher of sites such as phyllis, now this and the dodo a move that would combine the brands into one of the biggest online publishers in the digital space. the combined company would bring in more than $700000000.00 of

revenue. and more than $100000000.00 in profit. and then their shock of selling off the seat of u as warner media and viacom cbs are exploring a possible sale of a significant steak or all of the c w network, which they jointly own. among the suitors in line is next star media group, the nation's biggest broadcaster, and a large owner of affiliates of that network. i keep in mind these moves come as every major television network has made the move to streaming apps, including peacock, paramount, plus h, b, o. max, disney plus only to be joined on the new side by see and, and plus, fox nation and portable tv. so what is the point of all this consolidation? well, the truth is, the answer is pretty simple. it really comes down to one of 2 things. either a subscription base model in the future in order to derive revenue from users or the old advertising based model in order to better compete with google, who completely dominates the online digital ad space reported for boom bus, i'm been swan and time now for a quick rank only come back,

energy prices are on the rise, yet again in europe. as the debate of an annoyance here, pipeline continues to rage, will bring you all the details on the other side. and as we go to break, here's the numbers at the cloud. ah max and stacy are in mexico anyway, heading south and we're getting closer and closer to the epicenter, the global sensor point now of the big coin for revolution. ah, it states it has to be rash,

to be able to afford enzyme, and find the luxury that for sure. despite having the most expensive health care system in the world, we have poor life expectancy. we have higher infant mortality. we have more deaths from treatable causes, so americans are suffering every day from it. it's as if these people don't count. i saw how they can choose your customers and dump a sick tone also right and satisfy their wall street investors. no parents should have to see what i saw. if you're denying payment for someone's care, your make life and death decisions and determine to get to live and who dies to me . that's best getting away with murder.

ah, is your media a reflection of reality? in the world transformed what will make you feel safe? isolation will community are you going the right way or are you being led somewhere? direct. what is true? what is great? in the world corrupted, you need to descend. ah. so join us in the devil's will remain in the shallows. while our officers and increasingly dangerous environments, we are seeing a growing debate about so called warrior cops,

a term that i've heard in the militarization of police. this is an am wrap vehicle we acquired through the 1033 program and very free program with the government program that funnels military property that is no longer use to local law enforcement with building an army over here. and i can't believe the people i see the thing an agency on a tammy for me because it began a feeling that hey, you have to deal with your higher practice. who you putting in a uniform. a powerful thing is sometimes is like moon. it played trick people mind, they think they got the bad news. the wolf is out the door very bad. john's work on the good news that you have job security because the world desperately needs what you advocate with. welcome back. as we have

talked about in the last several months, europe continues to face rising natural gas prices, prompting worries that the energy crunch could get even worse. european gas prices rose by more than 30 percent on tuesday and jumped another 5 percent on wednesday. now the price at the dutch t t f hub, the european benchmark for natural gas trading leveled off a bit into friday, dipping nearly 10 percent. the prices are still sitting well below december highs, but as temperatures continue to drop in the region, concerns remain. so we thought we would take the opportunity here and it would be good to take a look at what some of the reasons behind the natural gas shortage shooting up pricing. join us now to discuss is tyson slocum. he's a director of public citizens energy program. tyson, always a pleasure to have you on and always need an expert opinion on these things that we've covered, the unrest in causing style, which has been attributed to rise and gas prices while there are tensions between the western russia oversupply. but broadly, why are we still seeing these supply issues that are causing it be energy crisis,

which is pushing price up, because if you think about it, we understand the oil situation, travel, air, travel, trucking, everything was affected when it comes to oil, but gas, the bit of a different story. yeah there's, there's really 2 issues here. one is the e. u is in competition with for gas supplies, from larger markets like asia. and so if you are a supplier, you are going to send your gas where you can fetch the highest price and so prices in the u, they're trying to our bid of asia and china for those gas supplies. the 2nd issue here started really a decade or so ago when for a variety of political reasons, the, you wanted to get away from a long term, natural gas contracts that were linked to the price of oil. and this was mainly for

gas supplies from russia. and the you wanted to move towards a spot market for natural gas. and while that made sense several years ago, right now, e u is probably regretting that decision, because by moving those contracts away from long term fix contracts are they're now moving into short term or spot contracts where the prices are significantly higher. and so as long as the e u is going to be competing with other larger geographic regions like asia, and as long as the you has a heavy reliance on spot, rather than long term contracts, there are going to be no susceptible to the kind of price spikes that you continues to see, and it has been notable to see how that demand has shot up, especially across asia over the last year. now a lot of this week, spike in europe was attributed to a pipeline which delivers gas from siberia to europe,

sending flows eastward from germany to poland. now why is that happening as europe is having these price issues? and i know you mentioned as long term contracts, do you see them possibly going back more talk as contracts as they kind of learn not less. and from what they're saying this year, the, i think the you has to reconsider it's, it's over reliance on the spot market. because just as we saw in the united states, a reliance on the spot market can be very hazardous. if those prices become volatile and increase, obviously having more stable pipelines supply into the e. u would be a big help. and i think there's been a lot of political delays to the north stream too. but if the north string to is allowed to provide a russian gas supply to you, that's absolutely going to alleviate a many of the problems here and,

and definitely have a significant downward effect on prices. and now i know you guys and follow a lot of these, these types of issues and, and even the politics behind it. i mean, you know, we talked about it earlier in the week that the secretary of fake anthony blinking actually made the point that he said, you know, actually, germany can use nordstrom to as leverage against russia after it seems like there had been a lot of talk from the west that, oh, russia was going to use this to leverage against europe and germany. i mean, do you see it really as a political issue, or is this about a name? oh, this is absolutely political. ah, you know, germany is the most important and biggest economy in the u, and they want the north string to pipeline. and democrats originally were lining up against it and of in support of issuing sanctions. and the byte administration to their credit is listening to their important ally, germany,

and saying listen, it is important for stability, for an economy and energy stability reasons are for us to listen to germany and support of the nord stream to and so you know, senator ted cruz are from the state of texas. ah, of is going to have a vote on, on sanctions against of nordstrom too. and so far the bind administration and most democrats are lining up against, ah, that ted cruz sanction bill. and so i see the democrats is seeking to support germany in the e. u to get more stable energy supplies in europe. the also, the recognized ted cruz is really responding to certain natural gas producers in his home state of texas that think that well, instead of russia supplying inexpensive gas through a pipeline, we can move liquefied natural gas exports to europe. but that's really

a fantasy. only about 25 percent of us. ellen g exports are going to europe. most of our exports are going to china. it's a bigger market. the prices are going to be higher there. and so really, this is about politics, but it looks like the biden administration is convincing a key democrats that we, that we need to support germany in their calls to get more secure pipeline access for natural gas. absolutely, i would say that i really appreciate your insight on this because has been such a political issue and i think you really nailed it down there. tightened slocum, of public citizen energy program. thank you so much for that. we'll have it back to you got it. and finally, some struggling basis is we'll try to buck their customer base to diversify, while others lean into those that support that the latter is the case for game stop the video game retailer that grabbed headline last year when it's doc became one of

the 1st means stacks which saw share prices jump nearly 2000 percent at the start of last year. now sources are telling the wall street journal that game stop is working on creating a partnership with 2 crypto companies to share technology and co invest in the development of games that use block chain and f t technology as well as other and up to related projects while little information is known about its plans at the moment, the retailer has a website set up looking for creators to join. it's and that team marketplace, as the news broke, the company's stock surge, 20 percent of open, but houses come down to meagre gains on friday and interesting to see how that turns. absolutely. right, so i think this year is going to be the year of an f t market places we heard so much about open fee last year, but now we've seen a lot come on the market for it. that's it for the time you get to buy that demand on the portable tv app available at portable. that tv will see you next time. me

the oh, this isn't an orphanage. oh, even see children have been queued for the fun in the house of papa. oh mama mama said, well that's nice, good family. oh, nice many goals only we don't a his violin. my mom is violet that dana mom of a

2. 04 were just talking to you on that technology should work for people. a robot must obey the orders given by human beings, except where such order is a conflict with the 1st law show your identification. we should be very careful about artificial intelligence. the point obviously is to trace truck rather than fear we'd like to take on various job with artificial intelligence wheel summoning with

a robot must protect its own existence with with a child beginning with just my william. he's a genius. a man with water with junior was, wasn't it that the appointment was for that if you can squeeze you machine that i did with no, i mean,

unless you put that amount with me is power storage with financial survival. john, today with all the money laundering 1st moved to this is, can i see the 3 different? oh good. this is a good start. well, we have our 3 bags all set up here. maybe something in europe, something in america, something overseas, in the cayman islands, you never know all these banks are complicit in their club. barbara, we just have to give him a call, but hey, i'm ready to do some serious money laundry. ok, let's see how we did. well, we've got a nice luxury watch for max and for stacy. oh, beautiful jewelry. and how about ha ha. luxury automobile again for mag, you know, it, money laundering is highly legal. don't be a cook. watch. has a record ah

ah, we're driving into the city of alma, perhaps the most dangerous area in cats thought tonight is violence rated across a report from the country's largest city for authority. say they've arrested $4000.00 people on farrah charges, including foreign nationals for peace keepers. arriving from russia to help restore all that. meantime, moscow pushes back against washington remarks that russia peacekeepers won't ever lead because it's done with the foreign ministry pointing out that the neighboring countries, strong military alliance and traditional ties that exist with anger. rub, sit new co restrictions in europe. tear gas and battens have been deployed in paris

a little rest to germany and austria to tell you about this evening.