charles. charles: [laughter], thanks a lot, neil. good afternoon, everyone. i'm charles payne. this is "making money." breaking right now, as you can see stocks are in rally mode. they are being red by most beaten up names and sectors. wall street says don't be a chump and buy this. i tell you what? it is looking more enticing that wall street doesn't like it. cbo said the economy is in glide path to a soft landing. i will talk to joe lavorgna. not only bitcoin going to 8,000 now if you believe it, you are a bunch of yahoos. milton is on. what she thinks. i love to hear what you thinks. tweet me @cvpayne. are you chump for buying bitcoin. the school of stock is in session. there is no such thing asset it and forget when it comes to investing. all that and so much more on "making money". ♪. charles: another strong session for the market which has been essentially counted out by 99% of wall street. which is ironic they're waiting for retail investors to bow out before they come in. there is irony what is leading the rally today. think about it, dollar stores, dollar general, most

charles: mark?> i agree with that. i'm pro-first amendment obviously. i think it's freight for us as a society. as for how, your question how would it affect the stock market i'm really not sure, i haven't connected those dots yet but look, i think what elon musk is doing with twitter is fantastic. with tesla's stock being down a little bit i am hoping and praying that he doesn't have any financing issues going from 1,000. i don't know where it is at right now, maybe 800 or so but look i'm pro-elon musk and pro-first amendment. charles: the reason i brought that up, there is a certain element to the market that is tangible, a malaise, dark cloud over the nation. we see it a lot when any presidential polls get under 35%, the market falls apart. i feel like moving that malaise away, includes getting rid of the shackles of anxiety and animosity that we have towards each other as americans but i will get off that platform, give you guys real quick, i want to go around the horn. tomorrow's cpi what are y

charles? >> charles: thanks, jeff. i want to get right to former deputy assistant attorney general john yu. what will be the doj be looking for in this investigation? >> charles, it's interesting what they're doing here. they're not conducting a criminal investigation. they're not looking into as we see in other kinds of situations whether police used force illegally. instead, they're operating through a relatively obscure office of the justice department that is involved with grants making to local police departments. what they're going to do is try to do what we call after action report. they're going to look at what happened, what mistakes were made, try to get the facts on the ground straight because we're still seeing conflicting stories when police were on the scene, why did they way so long to get a border patrol unit there. maybe we can learn some lessons. hopefully recommendations about what can be done to stop these terrible school shootings. >> charles: what makes it tougher, john. the police chief on decemb

time for charles. hey, charles. charles: neil, thanks so much for that introduction. good afternoon, everyone, i'm charles payne. breaking right now, you know, listen has been a topsy-turvy day with this market. of course we plunged at the open. buyers did sniff around a couple times. listen, many times have been grinded into the dust. i can see why you're interested. if the companies don't go out of business they must be buys, right? that is the mentality. of course for those folks peeking at 401(k)s the only thing they are screaming at top of their lungs. you need help from the best. we have one of them. bond king, jeff gunned lap. he is here and called what is happening months ago. we will try to find a way to benefit from this. the world's largest money managers bending to the winds of the ese movement? what is needed for investors do we want it or need it? emotions of investors get better of anyone. kenny polcari and i look at chasing the dream at any cost. all that and so much more on "making money". ♪. charles: it has been a remarkable 26 months for the financi

charles payne to help you out. hey, charles. charles: neil, we have a great lynnup, hopefully we can help people through it. neil: thank you, bud. charles: this is "making money." what a blow. the cpi number was supposed to give wall street and main street a sigh of relief. instead it brought more pain and reminder this problem will simply not bo away easy. pendulum of emotions always swings too far in either direction including investor pessimism. is there blood in the street? remember what warren buffett said. it is the ultimate buy signal. price of food saw fastest one year jump since 1980. will the midterm elections give us more than lip service and fingerpointing? folks out there sure hope so. what happens when stablecoin implodes? what is the behind the run on-line that. what does it mean for all the crypto trade? i have a monster lineup, big boy armstrong, brian belski and brian health done and of course our usual all-star line up. you have questions. we've got answers. it's a big day. all that and so much more on "making

charles: ground zero kind of thing? >> you got it. in men -- charles: how contagious is it?gious but it can spread. we're seeing between the ages of 20 and 50 of younger men anyone can catch it. you can catch it from respiratory track, large respiratory droplets. if someone snieses has to enter eyes and bought. open wounds on skin. skin contact, bodily fluids, is a live have, could spread that way. not easily spread. i don't think it's a huge risk to the public right now. charles: on friday morning, i saw world health organization emergency, and monkeypox, all in the same sentence i got nervous because the world health organization part of it scared me more than anything else. i don't want them anymore involved in our lives than they have in the past. let me ask you about the baby formula crisis. the white house posted a tweet, showing pallets, 70,000 baby formula, i think they came from germany, 70,000-pounds, initially said tons but it was pounds. they took a victory lap. how long is this going to last. >> that was premature celebration. this is national crisis. the shelve

he's right now, hey, charles. charles: we have back to back treacherous friday so we'll do serious heavy lifting, neil. good afternoon, everyone i'm charles payne this is "making money" and the market is trying to fight back after yesterday's very ugly session which only added to really what is one of the most maybe the most difficult year you've ever had in the market, so by now, everyone's having to go back to the drawing board and many have actually skipped out on this market. i get it, pressure bust but also pressure makes diamonds i've got some of the very best on the show to help you stay the course. and ed yardeni is one of them, he became more circumstance um secretary, yet a long term outlook, rather, i think will have your approval, meanwhile americans drifting from capital ism has heaven hassett raising the alarm and the two most power powerful men in america, their messages keep backfiring, what biden and powell must do to help ease this and i'll sit down with larry kudlow to discuss how we should view

charles: all right.14-bedroom home. that is next. ♪♪ ♪ ♪ this is awesome for any type of plant, especially for a beginning gardener. [ barks ] - yeah? i think he likes them. create a season full of celebration. your happiest spring starts at lowe's. ♪ ♪ ♪i'm so defensive,♪ ♪i got bongos thumping in my chest♪ ♪and something tells me they don't beat me♪ ♪ ♪ ♪he'd better not take the ring from me.♪ (burke) a new car loses about ten percent of its value the minute you drive off the lot. or more. that's why farmers new car replacement pays to replace it with a new one of the same make and model. get a whole lot of something with farmers policy perks. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ ♪ ♪ >> charles: mortgage rates increase in. and americans are true sent -- turn it not to trade of housing solutions. sleeping pods that can make a single-family home fit. jim stallworth joe me now. new innovation. you got -- how does it work? tell me how it works. >> we have these sleeping pods we created that they

up charles at the bar.nvestigators knew david stone and his wife melissa. she worked in moscow city hall as a grants writer. >> how is david? personality? >> someone that was very caring, a really good step that. was on the volunteer fire department. >> charles capone, where they friends? >> yes. >> did you know rachel. ? >> i knew her only from church. >> alyssa knew her husband was at the garage that friday night and said nothing seemed amiss. >> what did he say was going on? >> he said he drop charles off at mingles and that there had been some interaction with rachael. he was a happy and charles said he wanted to have a drink. so, he dropped him off and he was gonna go back and pick himself and take him home. >> intriguing, perhaps. but the two friends mismatch stories did nothing to advance the cops case. with rachel still missing, there was no evidence in actual crime had even occurred. all they had with their suspicions about david stone and charles capone. >> now you've got two different versions. >

here's charles. charles: neil, perfect guest for this time, absolutely. thank you so much, my friend. neil: thank you. charles: good afternoon, everyone, i'm charles payne. this is "making money." breaking right now the market showing more signs of life. it is still vulnerable. while pessimism runs wild there is says something about resolve. how you can be positioned when the smoke eventually clears. we're hearing from the fed in just a few moments a string of dismal economic data points has the street second-guessing jay powell maybe the piv vote pivot happened sooner than later. we'll glean from the minutes. sign of life in this economy. it is the rich, folks. they're spending money. i will discuss in "my take" how you can join them and take advantage of our triple up economy. all that and so much more on "making money." ♪. charles: let's head out first to the federal reserve where edward lawrence has breaking minutes from that last meeting. edward, give us some insight, my man. reporter: we'll try. we'll see what happens. participants here saw that gdp

charles: okay. >> but in the long term, charles.ive me one second here, in long term it never pays to bet against the u.s. economy. in the long term always fortune favors the brave. so whatever we've got to get through in the next six to 12 months, in 24 months it will behind us. we'll be growing again, inflation will be lower and stocks will be higher in 24 months. but i don't expect them to do anything between now and labor day. charles: from your lips to the audience's ears i agree 100%. we have to worry about the next 24 hours than the next 24 months. markets are getting cheaper. there are certain niches in this market coming into today historically below p-e ratios mid and small caps. victoria, you're great at sniffing out these opportunities. when you see a day like today are you looking for ways to benefit? >> you know, charles, we think there will be a lot of volatility in the market. we've spoken about that before, especially now that i think the market is concerned maybe we don't get the soft landing that the fed has laid

charles? charles: wow, hillary, thank you so much. kaltbaum, we'll talk about this madness, markets and how much risk is there. i know you want to talk about the markets because you scared the hell out of me. >> what market? charles: this plays a big role, mall lace, overall malaise, the market part of it, when you hear them they drop the buzzword, profits, buybacks, all the things they hate about capitalism, the success of companies, they want to buy back their own stock, that is their prerogative, at least it should be. they hate it, hate it so much, they found a plant, issue at a plant, took fda four months to look into it, another month to shut it down. somehow the baby formula company should go after them criminally, stop them from buying back the stock. >> harry truman they're not, buck stops over here for them. the buck stops everywhere but here. it is unfortunate. in last few months they blamed gas station owners that make a couple of pennies on gas. make all their money on bottled water. blamed supermarkets, supermarkets have

charles: good afternoon, i'm charles payne. this is "making money." breaking now, markets start the day under pressure ones again. buyers are kicking the tires so when does the carnage stop? i have market pros that guided you the right way talking for weeks and weeks. they're all back. they will share with you what they think, i will share with you how to make a potential buy list. i will take you to stock school. elon musk the latest target shedding light on the farce that is esg. i'm more fired up than elon musk is. i will share a warning that we need to be fighting back more than ever. "wall street journal" slamming crypto, especially crip crypto and bitcoin but is it too early to dance on the grave of bitcoin and defy revolution? all that and more own "making money." charles: it began as a random walk down wall streets. all of sudden experts were hit by a bus. you know what it was, folks? it was the real world. inflation bites. and so many people watching the show. not every consumer has a piece of that fabled $2.5 trillion honpy pot of savings wa

charles? charles: just a little bit.hite house takes on billionaires over inflation, democrat lawmakers, members of media added a new word to the lexicon, called greed-flatihon brian wesbury is here. brian, they want to go after excessive profits, profiteers are making, capitalism has gone too far, it is greed-flation. how would they determine the line on excessive profits? >> charles this is all, it is all politics. we've talked about it before. inflation is political kryptonite so i think, what their goal is to do, somehow, somehow make everybody think inflation isn't kryptonite to their party and that's really hard when you have printed 43% new dollars. the m2 measure of money has gone up 43%. this isn't all just about government spending. it's about the fed monetizing that spending. so when the fed creates that money, that is where this inflation comes from. then just one thing on this greedflation thing, if corporations can lift prices at will anytime, why did they wait until this past year? charles: yeah. >> why di

to my buddy charles payne. charles: thank you, neil. neil: hey charles. charles: too bad the market greeted you this way. neil: i know. i know. don't blame me. good afternoon, bud. charles: i'm charles payne this is "making money." market in freefall after new home sales collapsed and companies offering lower guidance. it is getting hard to argue against recession. don't tell that to the folks in davos. they say everything is a-okay. then there is snapchat. this company is a bellwether or investors are looking for reason to sell. they are looking for capitulation. is today finally it? i have amazing all-stars chiming in. president biden praising high gas prices. this is so-called transition away from fossil fuels. how long, how painful will the transmission be? peter morici has the answers. why bitcoin bulls are going back to the panic of 17 to make their point. ouch. all that and so much on "making money. ♪. charles: oh, snap, looks like market, from bonds to stocks, to commodities have same epiphany. we have a little economic trouble or may be in recess

charles: go ahead, gary. >> charles, you have influence.an you try to get every central banker to shut up? charles: [laughter] >> just so you know, market has, market has ears and they keep coming out and saying we're not behind the curve. i'm thinking to myself every big portfolio manager listening to that, okay, i'm selling more because that is just not a true statement. so i'm just hoping take a vacation. go to italy for a couple months. i would be so happy to see that. charles: i'm with you. maybe at least pay for their fares. i don't know that would cover the speaking fees. >> i would. charles: gary, shah. on cash thing, shah, real quick i have my subscribers 50% cash two weeks ago. we're 25, 30%. i got too cute. we should have stayed at 50%. guys, thank you both very much. we needed this to start off a brutal week. coming up numbers you must know as selling is now turning into a rout. these are charts to understand. grab a pen. we'll take to you chart school. also why the fed will never take back the amount of accommodation currently

charles: i will choose the latter for right now, neil. neil: good move. charles: thank you. good afternoon, everyone, i'm charles payne this is "making money." breaking right now after the worst start to a year ever for the nasdaq, second worst session to end a week ever, section work h worse ever for the s&p as kneel pointed out everyone is flying to the exits. professional investors are bearish because they want more individual investors take more pain. guess what? that is exactly what the fed wants to do. the investing g.o.a.t. isn't off when it comes to age but he sounded like a man yelling at the clouds with bitcoin. danielle shay is here with earnings as we head to the close. all that and so much more on "making money". ♪. charles: market conditions and circumstances like everything else in history they tend to repeat although not always exactly. some say they rhyme. that is what makes the current backdrop so problematic. the market dealt with wars, inflation, the threat of recession, but quantitative tightening, a brand new idea. it was tried once before for a short p

charles: i think i had to leave. thanks a lot, have a great weekend. i am charles payne. you heard it. here's the question. is it still up bear market? after 7 weeks of losses the s&p making a statement. of history as a guide this could be the beginning. we are navigating the twists and turns. memorial day weekend is here and we are spending money like it is going out of style. what it means for the fed and your portfolio. reports say president biden is gearing up to forgive 10 grand in student loan debt. we are ready to sound off on that. what do you need for financial happiness? a surprising number. i would love to hear your take. "my take," all that and more on making money. ♪♪ i can see clearly now ♪♪ the rain is gone ♪♪ i can see all obstacles in my way ♪♪ charles: the great johnny nash sinking i can see clearly now, the rain is gone, i can see all obstacles in my way, gun under dark clouds, it is going to be a bright sunshiney day. that is what investors are feeling today but the question is what about the weather, the pain, hasn't gone away? this bright sunny day,

>> well, you set it up right, charles.time when every single one of the mega cap tech names, facebook, amazon, microsoft, google, apple all underperformed the s&p 500 year to date. what it tells you how much of a buyer strike there's been against growth equities, against tech. there's been in place in tech to hide. they had two outstanding years. the last two years they were considered mostly to be substantial beneficiaries of covid if you can use that expression, beneficiary, but, you know, the business models did benefit. and so then there's belief that there may be a covid boost became kind of a covid hangover in a way. you have a situation where aggressively rising interest rates are always negative for kind of long duration assets that's really not the case with these five, those five tech titans we talked about but it is the case with the rest of the tech sector. microsoft, apple, google, amazon, they aren't completely divorced or disassociated from the rest of the tech sector. if you are going to take the tech secto

charles: gary?> there i think is a little too much about somebody or something or some people do this something else happens. look, i think all you really need to know in the market is what the market's doing, where the major uptrends, where the major downtrends are. stay the heck out of the way. try to enhance the good. the retail investor is here to stay but keep in mind it is the big institutional funds, hedge funds, mutual funds and the like that drive the bus and we measure that on a daily basis with their volume moves into whatever they decide to do and we follow the bouncing ball. i would just be careful about all that other talk. charles: gary, while i got you, i will get to everyone else, you talk about this a lot. the role of the federal reserve and the money printing. u.s. stock market was worth $7.8 trillion when the fed really started pumping in. that was the wilshire 5000. that was first qe. we had another qe 2008. another qe another year later, then another qe. we got up to about $50

charles: oh. >> yeah.on't want to scare people but you know, next support level is isn't necessarily a target. charles: sure. >> it gives a sense there is downside risk if indeed the level in mind does not hold. that is what we use support levels for. we also use momentum gauges. as you can most of those momentum gauges are currently pointing to the downside. we would welcome that oversold bounce. charles: i want to ask you about chips, ipg at one point was the number one percentage gainer in the market. we have other semis reporting as well. if we get through 240 could that spark buyers? we're looking like almost in a perfect down channel right now. >> you know, igp getting above its 50-day moving average. that is a positive for that name. that is a countertrend move, however. it has been trending lower for some time, impact on smh for the semiconductor sector as a whole is somewhat minimal. the smh in particular has taken out a couple of tiers on its support on its chart and it does have downside momentu

charles? >> charles: all right, chad, thank you very much. numbers, right, we're hearing that there's going to be -- there would have been, rather, an influx of 18,000 migrants a day. far more than any that could be controlled and apparently, the administration said -- told the judge that they were able to test maybe a third of that. i mean, just that premise alone, it seems nuts they would even attempt to say under no circumstances we should allow anyone inside the country if we can't test them. >> yeah, thank you, charles. it's amazing how bad they are at this. how they fouled up the border so terribly since the beginning of this administration. you know, when they took over, they had the most secure border in about the last 40 years. now, it wasn't perfect. there were some flaws in that. but the border was secure. you didn't see what we're seeing now, 8,000 to 10,000 people and every 24 hours, the border patrol and facilities at ice and d.h.s. completely overwhelmed. i'm thankful for the states like missouri, louisiana, texas, florida and

charles? >> charles: thanks, edward. so is bezos right? we have our panel here., your thoughts. >> well, i think this is more politics than real. if this was really an anti inflation policy, they would recognize over the long-term that it's counter productive. they have said repeatedly to grow the economy side. so it's not a real anti-inflation policy. the litmus test is if you believe this was the best way to control demand, when you needed stimulus, you'd cut corporate rates. they didn't do it. they spend $1.9 trillion and we got the inflation. this is not about inflation, this is throwing out policy again. >> charles: for the most part, jeff bezos is friendly to the administration. but they're not alone. others have been critical that you worked with under the obama administration. really critical of these policies. >> you know, charles, i was so thrilled to join you on this topic because jeff bezos accusing someone of misdirection is rich. this is a guy who is a tech guy, who took a picture of his own genitalia that got out and he blamed it on the saudis. thi

charles watts is in florence, alabama with the very latest. charles? >> good afternoon, charles.le casey white siding in evansville, indiana. take a look at this photo provided to us by a law enforcement source. you can see here a large man whose face is partially obscured by a hat. if you take a look at the tattoo on his right forearm, it's a tattoo similar to seen on casey white. it's an dark blue f-150 at a car wash. at this point, they have not found anything inside of the vehicle and they don't have casey or vicky white in custody. however, local news outlets are reporting the pickup truck does match a description of a vehicle that was stolen in tennessee where vicky and casey abandoned their regional get-away vehicle. the 2007 copper ford edge is in the possession of law enforcements. you can see police officer taking photos. the s.u.v. is now at a warehouse where investigators are coming through it in homes of finding clues that could lead them to the fugatives. we're lenning this hours, charles, that vicky white is facing new charges in alabama. second degree forgery and

charles? >> charles: thanks, peter. china holding military drills in the south china sea.ng in dan hoffman. china has been provocative from the very beginning of this biden administration, haven't they? they. >> they have. this is a not so subtle message from china that is trying to assert their position in the south china sea. what china seas right now is the west having been awakened from their most cold war slumber thanks to president zelensky and he's comrades fighting russia. president xi doesn't think that they should turn their attention to taiwan to dependence. he made it very clear that the united states needs to stick with this one china policy. >> charles: what is interesting and i think to your point, xi watching what has happened in russia very closely. so they've got these exercises today. i saw some photographs where they were practicing attacking japanese planes. they told officials there, don't buy assets in america because they might be taken in the event we invade taiwan. it looks like they're looking at everything that happened over there. a lot of thin

charles: taking it to 15,000. charles: out of it for two months. >> baby steps. charles: thank you so much, this is fantastic. the fed has picked a new favorite add. wall street won't be happy. jim will walk us through, they want to be vocal after all and we just had record government surplus, a record for one month. maybe why we should change the tax system. ♪♪ highway to hell ♪♪ highway to hell ♪♪ highway to hell ♪♪ highway to hell ♪♪ 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. ♪ ♪ my name is douglas. i'm a writer/director worth is watching your employees grow with it. and i'm still working. in the kind of work that i do, you are surrounded by people who are all younger than you. i had to get help somewhere along the line to stay competitive. i discovered prevagen. i started taking it and after a period of time, my memory improved. it was a game-changer for me. preva

charles: i wish i could buy $100,000 worth of them. >> no kidding. charles: thanks a lot, guys. talk to you real soon. there is a slew of economic data out this morning. april adp job report. the headline came in lower than consensus. it was the decline in small business jobs. that was the biggest red flag. i want to bring in chief economist, chief economist from adp nela richardson. a few months ago we were talking, i was worried about the direction of small businesses using your data. now it is pretty clear. they cannot compete with the large businesses in this environment. high raw material costs. they can't afford workers. how can you be losing workers in this environment? i am worried about where small businesses are heading. >> hi, charles. it is good to be with you, and i remember that conversation about four months ago because that is about when we were seeing large firms outpace small firms in terms of job gains and we continue to see that to this day. as you point out in april small firms saw a decline in jobs. not because they don't want to hire. i think that is an im

charles? >> charles: thanks, alexis.sed the rifle. so why wasn't he flagged? lieutenant joe cardenelli joins us. so many questions when these things happen, particularly in this particular case. there's the manifesto, the memes posted online, the 673-page diary. even online saying he visited saying that he visited tops several times to scope it out and still no red flags. >> it boggles the mind how this individual fell through the cracks when he was on the radar. i don't know if his age made a difference and they had to seal the records. his name should have went in a database that his name was not eligible to purchase any firearm. the fact that it wasn't a handgun makes a difference. but the fact that it was a rifle a shotgun. he was eligible to purchase that. that is the scary part. he should have been put on some kind of flagging list and this dealer would have seen his name come up and denied him the application. it doesn't mean that this person like others in the past wouldn't seek other means. it would have delayed

charles: you got it. yeah, absolutely.ontinuing this friday as investors see early gains of that as the session drags on. the dow, the s&p 500 and the nasdaq on pace for a third straight day of losses as the dow's weekly losing streak stretches back to numbers not seen since the great depression.

thanks, bill. >> thanks, charles. >> charles: drivers keep paying big bucks to fill up.they want the president to do about in is coming up. >> the president's energy policy is wind, solar and wishful thinking. it's 5:00 a.m., and i feel like i can do anything. we've been coming here, since 1868. there's a lot of cushy desk jobs out there, but this is my happy place. there are millions of ways to make the most of your land. learn more at deere.com ♪ sweet ♪ ♪ emotion ♪ ♪ sweet emotion ♪ ♪♪ ♪ i pulled into town in a police car ♪ ♪♪ ♪your daddy said i took it just a little too far♪ now that's eatin' good in the neighborhood. [ sleep app ] and the end. you have now reached the end of the sleep app. you're the first person to actually do that. now i want to say congratulations, but it's also disappointing. what do you mean? that's it? i've got nothing left. hey if i were you, i'd try warm milk. enough out of you! hi! oh go.. is this really helping? good days start with good nights, so you may want to talk to your doctor about both. [ sleep app ] i'm still here. oh boy. ♪ ♪ ♪

charles? >> charles: thanks, phil. no green on the screen. but one legendary investor telling neil cavuto that things are not as bad as they seem. call it a working vacation. the summer travel trend that bosses might like. your significant other, not so much. allergies don't have to be scary. spraying flonase daily stops your body from overreacting to allergens all season long. psst! psst! flonase all good. ♪ (queen - we will rock you) ♪ ♪ ♪ ♪ ♪ ♪ ♪ the new gmc sierra. premium and capable. that's professional grade. only two things are forever: love and liberty mutual customizing your car insurance, so you only pay for what you need. if anyone objects to this marriage... (emu squawks) kevin, no! not today. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ right now, we're all feelin' the squeeze. we're having to get creative. find a new way. but birthdays still happen. fridays still call for s'mores. you have to make magic, and you're figuring out how to do that. what you don't have to figure out is where to shop. because wh

— her advancing age, but seeing prince charles and — her advancing age, but seeing prince charles andt. some will wonder if the queen has mobility _ advancement. some will wonder if the queen has mobility issues, _ advancement. some will wonder if the queen has mobility issues, we - advancement. some will wonder if the queen has mobility issues, we live - queen has mobility issues, we live in a technological age, why not have her sitting in windsor in comfort reading the queen's speech from there. would we lose anything? it is art of the there. would we lose anything? it is part of the mystique of the monarchy, the crowds draw to come and see _ monarchy, the crowds draw to come and see the — monarchy, the crowds draw to come and see the state coaches and the military. _ and see the state coaches and the military, not having that would be a distraction — military, not having that would be a distraction from the ceremony, we are very— distraction from the ceremony, we are very big — distraction from the ceremony, we are very big on the pomp and circumstance in the uk. what will ou be ci

used to seeing prince charles represent the queen when she can't make an event.ament, monarch has to be there. couldn't make it because of recurring mobility issue, so issued legal orders to allow prince charles and prince william to represent her instead. first time, prince charles read the queen's speech setting out legislative agenda for the coming term. >> her majesty's ministers will work closely with national partners to maintain a united nato and deal with security challenges. >> given less than 24 hours of notice that queen can't attend. that's the form now. whenever she's slated to appear at event, we'll we probably told the day or night before whether or not she'll be there. max foster, cnn, london. >>> a cnn contributor and author of "prince charles: passions and paradoxes of an improbable life," up late at great risk to her synaptic senses. appreciate it. >> thank you. >> both times before she missed it, she was pregnant or speech was delivered by presiding member. seems to be a message having charles do it. >> totally in control of how this unfolded.

prince charles will now read _ turn out. prince charles will now read the — turn out.ead the queen speech and prince william _ read the queen speech and prince william will be there, as well, apparently they have a constitutional right to do so. not a surprise, _ constitutional right to do so. not a surprise, she's mobility issues for some _ surprise, she's mobility issues for some months now, she's indicated a few days _ some months now, she's indicated a few days ago that she would not be hosting _ few days ago that she would not be hosting the garden parties this summer. — hosting the garden parties this summer, she didn't turn up at the monday— summer, she didn't turn up at the monday event. that said, she's apparently continuing virtual meetings with people where ever she might— meetings with people where ever she might be _ meetings with people where ever she might be residing. i have to say, although— might be residing. i have to say, although i— might be residing. i have to say, although i don't have any strong feelings— although i don't have any strong feeling

instead prince charles will read the speech in front of where the queen usually sits. the throne with his son, the duke of cambridge, on the other side. that's the ceremonial. what's the politics? the red meat, and sebastian payne was calling it on bbc news in the last hour. —— as sebastian payne. it's through the queen's speech that the government announces its priorities for the parliamentarty year ahead. so what can we expect? our political correspondent nick eardley has this report. fanfare this is what the queen's speech normally looks like. today, with prince charles delivering the government's programme, it will look different, but the political themes will sound familiar. the opening of the speech is expected to focus on growing the economy, easing the burden on households and levelling up the country. after a bruising result in last week's elections, borisjohnson wants to get his political programme back on track. he's pledging the government will get on with the job and there will be 38 bills in total in today's speech. but the prime minister will also warn t

he had become friends with charles sumner. he got the job of being in charge of the congressional dining room. he was the nominal leader of the group lewis henry douglas. who is the first son of frederick and anna had worked with his father as a journalist. he was the corresponding secretary and was involved in writing responses about the meeting and one thing i want to emphasize here and i emphasized this throughout the book douglas is not acting alone. he is often working with other black activists and that's part of what? i really explore in the book. johnson agreed to the meeting with this black delegation because he thought it would go well and serve as good publicity. he had a stenographer named named james clefane c l e p h a n e who is well known as a pioneer in shorthand. he could take wonderful notes johnson wanted him there because he thought the meeting would go really well and would show once again that he is the moses for black people a transcript of the meeting appeared in a dc newspaper that night which is an i

instead she handed over the duty to prince charles air. he delivered her traditional speech laying out the government policies moving forward. the formal opening of parliament is the most high profile and you see that the 96 year old queen has missed in recent months. d. w correspondence charlotte chill, some pill is based in london. we asked her how prince charles did filling in for his mother. this absolutely was a marker in history the 1st time that he has done this. and apparently we one of the ones tuning and kathleen to see how a, when to pay the queen herself, was shooting in to take a look at how has on was doing this really key constitutional role. now, in some sense, prince charles has been preparing for a moment just like this, his entire life. he has been in waiting for this roll. it will. so it has to be pointed out that much of this event is home, pageantry and, and tradition. so many time, all nodes, things that many outside of the u. k. u, indeed many within the u. k. think is often quite bizarre, but there is a lot of stru

it charles delivering the speech? glimpse of the future, didn't it? — felt like a glimpse of the future, didn't it? this was a significant and tangible sign of what is happening discreetly behind—the—scenes, preparation for the transition from one range of anoihen — the transition from one range of another. nobody is suggesting for a another. nobody is suggesting fora moment— another. nobody is suggesting for a moment that is imminent but it is coming _ moment that is imminent but it is coming closer —— from one reign to anoihen _ coming closer —— from one reign to anoihen the — coming closer —— from one reign to another. the regency act of 1937 was invoked _ another. the regency act of 1937 was invoked to— another. the regency act of 1937 was invoked to delegate the power of carrying — invoked to delegate the power of carrying out the state opening to two councillors of state, prince charles — two councillors of state, prince charles and prince william. at that was nothing to suggest this is the start of— was nothing

we asked her how prince charles deed filling in for his mother. this absolutely was a marker in history the 1st time that he has done this. and apparently we want the ones tuning and carefully to see how or when the queen herself, was shooting in to take a look at how has on with doing this really key constitutional role. now in something prince charles has been preparing for a moment just like this, his entire life. he has been in waiting for this role that will have to be pointed out that much this event is home from pageantry and, and tradition. so many time on it. things that many outside of the u. k. and indeed many within the u. k. think is often quite bizarre, but there is a lot of structure to this is prepared, the speech is rather to be sure and it's written by the government. and so this is waldron something the prince charles prepared, who felt that we weren't expecting any real fireworks, nevertheless, and support huge amounts of attention here looking at how he was doing because essentially this is a glimpse into the future for the br

now, in some sense, prince charles has been preparing for a moment just like this, his entire life. he has been in waiting for this roll. it will. so it has to be pointed out that much of this event is pumpkin patch and tree and, and tradition. so many time, all nodes, things that many outside of the u. k. u, indeed many within the u. k. think is often quite bizarre, but there is a lot of structure to this is prepared, the speech is relatively short and it's written by the government. and so this wasn't something the prince charles prepared himself, so we weren't expecting any real fireworks, nevertheless, and support huge amounts of attention here looking at how he was doing because essentially this is a glimpse into the future for the british public. really for the 1st time seeing him perform this constitutional role, you really do get the sense now that there is this, this slow, this gradual transition into prince charles taking on a much, much more prominent role. you take your own a more prominent role because his mother's health is not the best. we know that her platinum do be

charles is very much present but would not deliver the speech.s may be the first step in a long tradition may be towards her regency when he takes up more of a role, but we do not expect her to advocate. -- advocate. anchor: she said she will stay in the position as long as the god grants her estate on earth. there is surely a sense she is not capable of fulfilling all of those appointments and duties that will be expected. reporter: absolutely. at the age of 96, it's normal she transfers more and more day-to-day duties to prince charles and william. she will make sure whenever possible to fulfill important duties, opening parliament is one of those, but clearly those issues does cause some problems. i am sure she is thinking ahead to the celebrations of the jubilee, the 70th anniversary of her ascension to the throne which will take place in june. she is trying to look after herself and fulfilling duties when possible. anchor: the first weekend in june is when the celebrations are happening. prince charles and his delivery of the speech -- did y

charles krauthammer. joining me now daniel krauthammer. charles' son himself a writer.d to see you too, bret. >> bret: such a great time when we do this every year now and to see emmet choose history, at least so far and grace choose psychiatry, both things that your dad just loved. >> yeah. no, it's incredibly appropriate, i think, in so many ways. you know, that my father was so passionate about learning. not only that but saw it as a duty that's what everyone should do is take it to the fullest. and the fact that emmet is history and grace psychiatry i couldn't think of two subjects closer to my father's heart. he would joke sometimes when young students ask woo ask him how do you get to this point of being a renowned journalist first you go to medical school. in all seriousness he thought that education really taught him something about what happened. makes life worth living. and then it was he saw what could put all those things that mattered at risk, which is politics gone wrong. and i think he would be very proud for these two rising students to be following thos

charles: we shall. liz: i know we haven't done this before, but could i ask you to say in the chair and join the traders and investors just for a couple of minutes? we're amazing a couple of names -- charles: i was going to go sit on the ledge, but you know -- [laughter] liz: no, stay here. i'm pulling you back. okay. charles is kind enough to hang out with us for a second because a lot is going on. most importantly, the powell pop has vanished. 24 hours after the federal reserve raised interest rates by 50 basis points and nixed bigger moves, market sentiment completely reversing wednesday's big gains. could the fear gripping the street subside in this final hour or worsen? the roll tilt index -- volatility index, fear gauge, up 24%. investors swallow, try to come to grips, whatever you want to call it, with powell's proclamation that a 75 basis point increase in interest rates is not something the fed is considering even as inflation still soaring to 40-year highs. so if we look at the selloff here, i

investments thanks so much as a great fan of charles elliott. i'm glad to see him brought in there to remind people that they're members of the olmsted firm whose last name don't begin with. oh you can we come back to you in your new book. you note that richardson. wanted to break away from european influence and create an american architectural idiom. is there something distinctly american about the way that these individuals imagine public space all three of them potentially. of the public library is something that comes to mind first in this context. keep that is you know, we take them for for granted today public libraries, but in 1850 the was no place that a member of the hawaii polloi could just go take a book out could go and borrow a book. they just didn't exist. they began to appear thereafter, although for the most part in the early years. they tended to be a room in an apothecary upstairs downtown or maybe in city hall or town hall or something like that. but by the time richardson came along they were beginning to think seriously abo