. >> -- larry fink. >> held tell them what they don't want to the hear.-- liz: what? >> she's been very, very ineffective because she's a bure california i just feel bad criticizing it. liz: she's a lady? >> i do have feeling. liz: just criticize away no matter what the gender. we're all treated equally. >> i know, but it's just the way i was brought up. liz: okay. >> but i feel badly saying this about her, but she is ineffective and inept and not good at her job, okay? and she's a yes person to the biden and his spending mans. jamie dimon and larry fink will say, no, you know? you can't spend that. they would say the student loan thing is a blowout that you don't need right now. they would probably say the inflation reduction act, you know, prime minister, it's not reducing -- mr. president, it's not recushion anything. i know that's what larry would do, so they ain't getting this job. you usually get in this job bureaucrats. gina raimondo is considered a very formidable person, she may be much more of a mold of the jamie dimons and larry finks. not tota

on wall street, larry fink who has been a proponent and advocate, hushed up a little bit but not everybodying quiet. disney is in a big fight with ron desantis and his counter punching. desantis claimed political retribution on the company. jack: is this the end of esg investing? >> we have to be careful there. what happens with esg, it is a risk communication tool that companies develop in response and demand for shareholders to quantify and disclose their risk, things like climate change, lack of diversity in the workforce or government practices, woke capitalism is a turn that is being deployed pejoratively to refer to policies that some politicians on the right disagree with. they are not the same thing. it's important to separate the politics from the economics of this. ben: what more can we learn about the economic issue? >> they stay the course in esg, trillions of dollars in global assets are pegged to esg, addressing climate change alone will cost 30 trillion over the next decade. a lot of asset managers, notably black rock can make money off of esg. black rock, for example had 1/

. >> larry fink says a recession is likely to be modest if we even have one. if he's proven to be right, do you end up getting a rotation from these mega cap names or do you get money going into cyclical areas if you believe a softer no landing is possible from the cash pile that is still on the sideline? >> it's a great point. we were talking to a client that has missed the entire move that is sitting on a lot of cash and this is a traditional long only account. there will be broader diversification but more with the growth at a reasonable price. with respect to small and mid in the industrial space on an equity space it is very positive now we need to see the stock returns come back in i'm more sticky on energy. i think the metals could be iffy and part of where we'll see the rotation but small cap >> the market has all but priced out rate cuts. have you priced them out as well >> we have we've never been calling for a rate cut and if we're going to push it out even further and given where the economy has solidified the fed probably is not going to be cuttin

where is it coming from we went back and time and time again it leads back through to figures like larry fink clearly defines what he wants to happen on an annual basis. >> jesse: do you think some of these investment funds are telling these brands to go crazy with this woke stuff and then when they start losing money they short the stock? >> that could be it. that is a distinct possibility. we are seeing all kinds of financial shenanigans these days. >> jesse: basic market manipulation you send these company stock prices all over the place with these ridiculous ad campaigns and make a fortune on the upside or downside. >> exactly. >> jesse: what is with the apology factor? i feel like you saw it in the bud light situation saw it on other advertising. they don't want anything to do with the what they did in the 80's, 90's and 2,000s, is there a shame factor involved in how they used to sell product? >> no. they have got this ideology. i will give you an example. three years ago i did a video on social media that went viral over a billion views. what i explained was when they started taking th

stuart: did this all start with blackrock, larry fink? stuart: thank you, sir. thank you.r bill cassidy republican of louisiana, he thinks donald trump doesn't have a chance in 2024. roll that tape. >> that means president trump is going to have a hard time in those swing states, which means he cannot win a general election. stuart: well, we're going to get reaction from a former trump campaign director. more workers testing positive for marijuana. all that drug use leading to more accidents in warehouses and transportation jobs. madison alworth has the full story after this. ♪ i can't, you know, thank my parents enough for making sure that this connection is here. one of the things that my mother told me when she was in the hospital, she didn't tell me, actually, she couldn't speak at the time, but she wrote it down... "go see alicia." oh, my goodness. you know, and there was never a time that you were too busy. there was never a time you said i'll call you back, you know. i needed to be there to carry you through, just like, you know, some of my friends carried me throug

maria: i don't think ray dalio larry fink see it that way they've been doubling down investing in chinais the problem. is that if we do not provide the rules of the road, this -- this will continue to happen. and the very the very ceos who are on esg pushing discriminating against american energy companies saying triple down in china where is patriotism give the clarity we need for national security. >> that is rich when you consider esg moves thanks very much for being here we will keep a spotlight on it andy barr in d.c. and we'll be right back.. . ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ bath fitter is a better way to remodel your tub. a custom-made watertight fit and high-quality materials mean a beautiful tub, and a great value. bath fitter. it just fits. visit bathfitter.com to book your free consultation. as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast

debt ceiling disagreement here is what made me think about it i was shocked to see the stock of larry fink, a man i admire tremendously has a 3% yield already. you buy some here and buy some 4% yield that's how i like to buy stocks like that, in those increments good work. kevin in texas, kevin? >>. >> caller: boo-yah, jim. how's it going >> i'm doing quite well. how about you. >> caller: shout out to my niece olivia marco. >> of course i'm glad you brought 80 out. >> caller: i got a question about nvidia and amd they've seen a bull market run on these two stocks recently i'm wondering, should i keep holding on or should i take some off the table or add >> oh, don't you take them off the table. our status on nvidia is clear. own it, don't trade it amd, a lot of people blew out of it in '82. you know what they're thinking turn the channel i can't take it that cramer made us so much money if we had stuck with it. that's what i say. jeff in new york, jeff jeffrey? >> caller: hey, boo-yah. >> it's jimmy chill, speak to me. >> caller: how you doing >> good. how with you. >> caller: good. hey, i

black, the head of the corporation apollo global management, which owns the blackwater akerimi pmc, larry fink of the corporation was krok; everyone in the name of the company has a black color belonging to one secret order of many influential people. america proves the existence of puppeteers who decide the fate of the world, researchers of the skull and bones argue that the 16 main surnames of the patriarchs of the order, with the highest degree of influence, constitute it and the ideological and financial basis are the masonic lodge. andrey please tell me what kind of club this skull and bones is, who is taught there and who is in it, in fact, in the universities of the united states - this is absolutely not an ordinary phenomenon. there are a large number of such clubs, especially the old ones, which are over 100 years old. e exist and the older they are, the more sinister there traditions. uh, imagine that really, those who enter there are first mocked, then they get, let's say , mutual responsibility. and this is a form of control over the elites. we understand that the highest minds cou

larry fink saying we could see up to four more fed hikes from here.le bit lower. that is the state of play. in terms of what else we are watching on the session, we see the nikkei coming online fairly flat this morning. bank of america saying that japan stocks could reach a record high as early as -- you can couple that with the reforms we are seeing spearheaded by the tokyo exchange. trade figures are coming in for the month of may. we are watching those exports down 15.2% year-over-year. we are watching the sector breakdowns in particular, in chips, big focus given we are seeing stockpiles swelling by moses 2016. the trade deficit narrowing to $2.1 billion for the month of may. korea is on the verge of a bull market. we saw nvidia slumping around 6% overnight on wall street. we are watching the korean one there adjusting a little higher against the greenback. let's take a look at the session. we have expectations that the rba could be forced to hike in the coming months. property prices rising nationwide. they came in how to expected. the trade is f

explicitly of explicitly is, in the words of larry fink, ceo of larry fink, the ceo of blackrock. ank accounts in my lifetime, closed twice this once by very conservative. by the very conservative. i won't say right wing establishment, lloyds bank, no excuse, no reason given. and then by the co—operative bank, which i think would fall into your definition of a woke bank. again, no reason given. as far as i can see. jk rowling bank accounts haven't been closed , accounts haven't been closed, even though she is number one. number one enemy of many, many people. and i don't think that the majority of right wing party's right wing papers right wing journalists, right wing editorialists who form the vast majority, what i call the right, woke the rightist vote wokes are facing any of these difficulties. i'm glad that social media use is too. i've never heard of tide and i hate to admit i never heard of trigonometric trigonometry is fine. oh well, i'll take your word . they're not right or left. word. they're not right or left. they interview everyone. i know. i they interview everyone. i k

explicitly of explicitly is, in the words of larry fink, ceo of larry fink, the ceo of blackrock. ank accounts in my lifetime, closed twice this once by very conservative. by the very conservative. i won't say right wing establishment, lloyds bank, no excuse, no reason given. and then by the co—operative bank, which i think would fall into your definition of a woke bank. again, no reason given. as far as i can see. jk rowling bank accounts haven't been closed , accounts haven't been closed, even though she is number one. number one enemy of many, many people. and i don't think that the majority of right wing party's right wing papers right wing journalists, right wing editorialists who form the vast majority, what i call the right, woke the rightist vote wokes are facing any of these difficulties. i'm glad that social media use is too. i've never heard of tide and i hate to admit i never heard of trigonometric trigonometry is fine. oh well, i'll take your word . they're not right or left. word. they're not right or left. they interview everyone. i know. i they interview everyone. i k

i saw a trager and saw a blackstone, i'd rather give my money to larry fink than give money to blackstone. i will say this, i want a new pc, a pc i can talk to and say, listen, i had a great time last night at gramercy, could you book me there again? that's what's going to happen. >> a lot of fed speak and now more data with ip. let's get to rick santelli >> expecting our read out of april for industrial production. hitting the buyers for industrial production, ex-peration are for unchanged, up half of 1%. that's the nicest since january when it was up nearly 1% if you look at utilization, 79.7 exactly as expected. light with respect to the veer view mirror which stands at 79.8 in the veer view mirror. 79.7 is the lightest level since february we see that utilization rates remain a bit sluggish, under 80. industrial production definitely ramped up a bit. late revisions coming in, 79.8 for utilization last month, drops down to 79.4 we see interest rates are up across the yield curve much of that was better-than-expected retail sales at 8:30 eastern. "squawk on the street" will return after