>> for the past two years uninvestable had become a buzzword when talking about china.correction in the equity market. interest rate differentials started to turn in the u.s. favor. really the rewards weren't worth the risk of thinking about a china strategy there was a liability of having a china line item in a statement. i think this year, with the 60% rally we've seen off the october lows, and with this massive growth upswing that we're expecting in china's economy and earnings, it's unavoidable to at least have a strategy about china. whether ultimately that is investing directly in china as we would argue we would be overweight chinese equities or whether it's playing that story indirectly through southeast asia or certain european companies, you have to have a strategy >> a better market performance, a, you know, reopening, doesn't change the lack of trust issue which some investors still have no matter what happens how do you deal with that? >> yeah. we recently released our guide to china and there we make the argument there is a very powerful story to invest in

uninvestable. sorry, don't shoot the messenger. it is. >> we hear push back from elected officials in new york on thashlgts kathy hochul. >> i will debate them any time of the day you want, particularly aoc. she is great at killing jobs. she kills jobs by the thousands. another problem, where did amazon take their jobs? away from her. she threatened to sue them if they created jobs. this is a reality that -- >> there is a little more to it, but -- >> sorry just telling you the truth. >> especially with amazon in new york. quickly, what was elizabeth warren's response when you said that to her? >> i have a lot of respect for her because it's okay to have a debate about politics, but not policy. when you have punitive policy, you are making a mistake. i want to put up my hand and say i don't agree, senator, with your policy. i respect you as a politician. a very successful one. she is very successful. and that's the state where i grew my kids. our family grew up in boston, massachusetts. we left there to move to florida like everybod

. >> i don't put companies in new york, new jersey or california, those states are uninvestable.them any time you want. aoc is great at killing jobs. >> the head of job creator network is hwith a message for socialist democrats. in order for small businesses to thrive, they need to be smart... efficient... agile... and that's never been more important than it is right now. so for a limited time, comcast business is introducing small business savings. call now to get powerful internet for just $39 a month, with no contract, and a money back guarantee. all on the largest, fastest, reliable network. from the company that powers more businesses than anyone else. call and start saving today. comcast business. powering possibilities. >> ashley: a family is suing airbnb after finding their 19-month-old daughter dead from fentanyl poisoning. they rented the home and found their daughter dead two hours later. >> todd: the previous own renters admitted to throwing a drug party just before. >> cheryl: the family suing air bnb and the owners after their daughter was found unresponsive in her

sell rating, we have said sadly 3m is uninvestable at this point. we think the market is not fully calibrated, and sadly that's where they are. >> dean, great to get your picks. that's going to do it for us this friday afternoon with all the major averages finishing the day higher next time i sigh it will be april. historically, seasonally, a strong month for stocks. that's going to do it for jt overtime." "fast money" beginning now. >>> morgan, thank you very much. indeed, "fast money" does begin right now. welcome, everybody a blockbuster first quarter in the books for technology, so will april shower investors with more gains, or is this trade about the a come back to earth plus, a flawless start to the year for the beauty stocks how long can these record breaking performances last we'll debate that one, and later, one of our traders is riding his fame to stock market fortune. we'll break down the "fast money" acronyms three months into the new year. in for melissa lee, i'm tyler matheson welcome, everybody this is "fast money. on the desk tonigh

resources give us the proceeds from the sale of oil and gas because of his debt and he said that in the uninvested and gas fields, especially the common fields , provide the fund with the funds, let the fund invest , extract, sell, and when we divide , four and a half the percentage of the national oil company is the percentage of the government fund take a part of the government's share as a demand, we definitely raised the issue of serving the presidential office, this way, i can get the supreme leader's notary from them, and they did not object to this happening . it would be good if it was approved through the parliament that the mission should be put on the shoulders of the representatives again. if this happens, kerman will invest in upstream oil, other than that we will have more foreign exchange for the country and that we will actually meet the demands from the government in a different way and directly. not from the government we will make the fund bigger in addition to this, and we can invest more private sector support in bigger projects, attract foreign investment and see that the fun

we go from asking the question, is china uninvestable to is china the only thing to nest in -- investn? mads: no, we don't. we'd like global equities, we buy u.s. equities, some european equities, they are all benefiting china having a positive development this year. we don't have to invest in china to be invested in china's recovery, so that's not necessary. also very important is that in terms of growth coming back and recession in europe, europe doesn't need to get much weaker. if the market looks six months forward, germany is not going to be in a stronger position than it is right now. if we move six months forward, we will be through the bottom in the earnings recession. in six months, we will be past that. so this is also helping calm the situation. and you don't need to buy china to benefit from chinese growth. you can, but you can also buy global equities. dani: buy a little louis vuitton and luxury goods, that certainly will get you there. i'm afraid that's all we have time for. enjoy the rest of your weekend. mads pedersen, human edge investment technology cio and founder.

the money is uninvested cash from brokerage accounts, not their main source of savings.'s ridiculous to worry about a run on schwab. giving "the wall street journal" a very interesting look under the hood and sources of liquidity. i don't want to get into the weeds, but schwab should have about $100 billion of cash flow in th year and they can easily raise an $8 billion per month. i wish i owned this bank. this brokerage house. schwab can also tap more than 300 billion in liquidities. meanwhile, these guys had roughly 366 billion deposits at the end of last year. warn bettenger said there would be a sufficient amount of liquidity if 100% of our bank deposits ran out. 100. i think it's incredible. remember, ever since svb went under, they held chunks of the bond holdings. it's not like there's much reason for deposits to leave schwab in the first place. so with the worst case scenario of valuation now the stock is obliterated. in less than three months, the consensus for schwab have been slashed. that does matter. 488 goes down to 407. so there's some earnings risk, but s

it made the whole capital structure uninvestable."'y banks are likeo get a bailout. they covered the non-insured deposit, but what about a crypto firm? we already found out whx happened there. what ifi] a bigxd texas bank go down? what would the politicali] pressure be there? more. >> they can't spell itÑiko■ out. it needs to be a blanket guarantee which would require an act of congress. you can't have policymaázuje1 decide who lives or dies. that's how weÑi wentjf down.:p)á ultimately, it was a political decision. >> gillian, ie1 wanted to start with barry so people don't get too obsessed with deutsche bank. we all know thise1 isn't rehsv about deutsche bank. it's sort of about credit suisse, and it will be about others.# but it's about the contagion risk, at least5a■ that's how i ■ it. maybe you see it differently. >> ó3l,i] actually, i happen to be in london right now. ormally based ina5■ new york. the moodñr inc london is pretty nervousxd right now, givenxd th swing for the pricing of deutsche bank. and when you get the premierxd

. >> you were talking about places that are uninvestable right now and not -- >> we are sitting in one right here. sorry. >> that's a bigger conversation. >> we will ask governor hochul for her response to that. >> yes. see it here on "cnn this morning." >> no money for this place. sorry. that's it. >> good to see you, kevin. have a good weekend. >>> "cnn this morning" continues right now. >>> guilty verdict. signed by the forelady, 3/2/23. >> we had no doubt that we had a chance to present our case in a court of law they would see through the one last con that alex murdaugh was trying to pull and they did and we are so grateful for that. >> prosecution team in south carolina feeling good this morning. they got that verdict in just about three hours. now we are waiting for them to be back in the courtroom this morning because the sentencing hearing will be underway. good morning. alex murdaugh has been found guilty on all counts in the double monitored of his own wife and son. we will find out if he is going to get life in prison. the attorney general is going to join us lufb as the ju

wise, they are still on the edge of the sword, right, so it's -- it's -- i don't want to say it's uninvestable, but when you look at the resource trade, they had great januarys and horrific februarys, so we're coming off of a low, a synthetic low. whether or not you could say they shouldn't have been that low coming out of january for the robust january and shouldn't have been that low in february, but they are still based on whatever the last headline is regarding china, so it's not -- just be prepared for volatility if you're going to be investing. >> when i looked at the market i saw the resource names, energy acting well and some of the industrials here relative to the data in china, but then on the flip side of that, i saw the stuff that last year in 2022 that got killed when rates went up did you see amazon, did you see apple and microsoft all down more than a percent and a quarter? i also saw the banks got actually hit kind of hard here, too, so that ten-year approaching 4%, i think it closed at 3.99, it's going to be above 4% pretty soon might we see, you know, a bifurcated market in a

now with the uncertainty given what will happen on a regulation front that financials are are uninvestableht now >> i would say no, we were looking as a team at every single bank. i would say given the change in the regulations, the best you can say is you don't know. and if you don't know, you shouldn't play >> wow so then what do you do let's say you don't know, we don't want to play in this pool, what pool do you go to >> that's not an easy question >> but, i mean -- >> i think what's happening is we're moving from one paradigm to another paradigm. so the paradigm of the last several years has been rates are very low, you're paid to take risks, and you're actually paying to take a lot of risk so, you know, what did the best of the last ten years, high growth tech stocks and what did the best within the high growth tech stocks? super high growth revenue stocks with negative earnings okay so what did the worse last year? super high growth stocks with negative earnings. are people going to go back to that i don't this i so, nk so if rat up what is coming is tina is dead number one, i think

disclosed he bought $2 million of shares he now holds nearly 230,000 shares, though much of that is uninvested restricted stock. karen, you follow him in >> no, i haven't i find the name a little bit toxic. it's not crazy expensive here. so, i can see why someone would want to buy it good for him i like to see ceos really put their money where their mouth is i >> by the way, the schwab ceo is buying stock >> he said he bought 50,000 shares yeah, that was really good so, i -- i don't love the name, i'd rather be in tim's macy's, probably, than kohl's. disaster last year >> did you ever own it through any of this, when it was going to get bought? >> i did, yes, i did and i was furious with the board, i thought they did a horrific job very misleading when they lost their chief operating officer. never told anyone until after the vote yeah >> yeah. that was a whole long saga >> yes, it was. >>> when we come back, could insurance stocks be the next victim of the banking crisis how the financial fallout is impacting that group in particular, straight ahead. ldor ad options traders eyeing go f move.

is that something that looks like it has potential as other investors see this as uninvestable?, i will say that the bad president to be set -- precedent to be sent is set in every crisis. never put it past lawmakers to set bad precedent. the at1 market is clearly unfolding. you can see in the performance of various bank activities who has better language in the documents than others. we are not traditionally a financial fund. we not have any particular expertise in this, but clearly that market will be right or exploitation going forward. at the outset, it looks like it will be difficult for investors to not think that there is a downside to those investments and that is not the small-market. it is $270 million depending on how you enter it. considering that $16 to $17 million was just wiped out, people will be taking a closer look. lisa a.: does it all in change the investing landscape in switzerland? dan: to get back to my other point, i would not comment about switzerland specifically, but for governments as a whole, there is a famous saying that if you do not like the law,