etoro investment analyst callie cox breaking down the markets.ack, a bloomberg investigation into how well the oil sanctions have worked against russia. you might be surprised about what we found. this is bloomberg. ♪ when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh a few years ago, i came to saona, they told me there's no electricity on the island. we always thought that whatever we did here would be an emblem of what small communities can achieve. trying to give a better life to people that don't have the means to do it. si mi papá estuviera vivo, sé que él tuviera orgulloso también de vivir de esta viviendo una vida como la que estamos viviendo ahora. es electricidad aquí es salud. jon: this is "bloomberg markets" . i am jon erlichman with vonnie quinn. let's dive into bloomberg's big take, an investigation into russian sanctions on its economy. moscow's monthly income from oil exports is greater now than before the invasion of ukraine. take a look. ♪ >> t

we are at callie express, which is a restaurant in the callie express lane to the future, relying heavily on artificial intelligence. and these guys robots. >> it's not a terminator or it's not a transformers. it's a very friendly, helpful robot. >> there's quite a few of them here, a big one that makes the hamburgers. another one made the fries. a couple of other robots. they set the holiday mood, keeping them chugging along. is i even letting you pay with your face so it scans your face? >> yes. you're going to tip the robots, huh? >> i don't know if i'm going to tip this now. >> sounds pretty cool, right? but keep in mind hollywood doesn't see a very bright future for i. >> shall we play a game? >> the answer to that question should have been no, but the folks here at callie express see the ai not only as a tasteful dining option, but an economical one as well. >> they don't call in sick. they don't get drunk the night before work and come in with a hangover. they're a little bit more reliable and a affordable. >> they wouldn't say how much the hamburger robot costs, but flippy, the fr

we have callie cox.one with idea who likes charts and things, i can see a double top here, i can see a support line. maybe this thing goes down but i mean that is interesting. why do you say this though? >> okay. so i'm saying this first of all i love the technical patterns on the ink blot but we're seeing this, because a lot of people are looking at markets and the economy and they see drastically different things. some see a bush, some see a bear. some see the end of inflation. some just see high prices. coming into 2024 we see a market that -- charles: let me back to what you were saying to your point i think more now than i have ever seen it, right? >> right. charles: we always had a herd mentality on wall street but now there are different herds. i'm talking about the experts. they're passionate about being bearish, being long, being bullish. how does someone watching this show, this network all day almost every day, getting ideas. it is getgood to be edge formed, how do you get to the answer? >> th

but i don't know about -- it's a little cally it's a little -- >> seth: he does lean into the cally. these notes. you were recently -- you received a lot of attention. you went on fox news and you had a debate with ron desantis now, you had gone and done an interview on fox news with sean hannity, who was the moderator of this debate that seemed to have gone well. i feel as though maybe you and sean hit it off as much as you could expect >> strangely, we get along go figure. >> seth: so your expectation going into this debate was - >> fair and balanced >> seth: yeah. that's what it says. >> yeah, fair and balanced but yeah, i did have some expectations but honestly, what were we doing there? i'm not running for president of the united states, ron desantis apparently still is. and at least the next few weeks. and it was -- honestly, it begged the question, what was that all about >> seth: well you had the line of the night which is one thing that i know for certain is neither of us are going to be president. [ light laughter ] >> that was my opening statement. >> seth: did you -- but

when lieutenant william cally, again, he wasn't the only one that ordered the murder of these civilians. so what we're seeing israel engage in is a systematic extermination of the palestinians from gaza, that's why they're targeting hospitals, that's why they're targeting schools, that's why they're targeting relief organizations, that's why they're targeting the the infrastructure for sewage uh treatment for example, it's a delivered policy and then they're going to continue it until the world forces them to stop and... fortunately, nobody in the world seems willing to do that. mr. johnson, i also wanted your thoughts on the regime stated goals, have israel or has israel achieved any of their goals which was initially eliminating hamas and releasing the captives by military means and also you could say displacing garzans to egypt or the sinai desert. now that look, that's stuff's all fluff, that's all distraction. that's not their goal, their goal is to dep. exterminating palestinians from gaza, whether they're muslim or christian or whatever, get them out, because it for themselves an

. >> for the 3rd year in a row, brian callie says he has not raised the price of a real tree at his lot in the sunvalley mall parking lot in concord called center surplus trees. same as everybody else's experience with the inflation. we are. i do have significantly increased operating costs. coley says the biggest hit to his bottom line is his decision to raise his entire staff's wages. that combined with higher prices. wholesalers are charging to make up for increased costs for fertilizer, fuel and labor means he may take home less money but expects to still turn a profit. honestly, i think the most important things customers leaving happy. we want to be in business for a long time and >> that's the most part of our customers. leave happy will will be around. i don't think it will be sticker shock at all. tim o'connor is the executive director of the national christmas tree a% association. >> a nonprofit organization that represents tree growers. he says from 2021 to 2022. the median price of a christmas tree for consumers increased from 70 to $80. o'connor says sellers may be raising

the bottom, i beat the republican candidate who had widespread support in washington, steve since calliss of congress have raised money for him, supported him, and then i beat him in the primaries, oh, i didn't know that. so here's your real sin, it was pre-history with jewish space lasers, oh yeah exactly, i wasn't one of them. so, looking back , and i'm sure you still feel furious on some level, it infuriates me just to think about it, but looking at it coolly, how do you think you were different from the republican leadership and establishment, what didn't they like about your views? well, i came with strong views, partly because i grew up in poor family. who ran a small business, my father literally lived the real american dream, my mother, who is your father? my father, robert taylor, owned a construction company that i bought after college , they started from scratch when i was born, they had $500 to their name, they just worked hard, and i learned all their lessons growing up, i joined to college, after college i... bought my parents' company, i had to buy it, i was not the child

the sky previously shot down 14 of the 19 launched missiles, kh-101 and kh-555, which the occupiers. calli with area of ​​the engels airfield, air force spokesman yuriy ignat said. air defense forces worked in kyiv region and dnipropetrovsk region. due to falling debris, several residential buildings were damaged in the kyiv region, where three rockets were shot down. there are no victims. let me remind you that this is the first massive russian missile attack in almost 3 months. part of the rocket hit infrastructure in the dnipropetrovsk region. unfortunately, there is a victim, one person died... and four were injured in the pavlograd district, - said the head of the region, serhii lysak. two the wounded are in serious condition and are being operated on. there is destruction in pavlograd, ternivka and yurivska hromada. damaged industrial enterprise. on the other side, more than two dozen private and country houses affected the church. and at least two wounded as a result of the russians' night shelling of kharkiv. the 36-year-old woman was treated on the spot, but the 20-year-old man ha

calli he said nothing, calling him marching. i'm sayingngti-semitic what? he countenanced anti-semitism and now he's finally talking a big game ever since october, because the sake of the masses and for the sakeoctober of fairness, despite the gentleman, he said nothing. >> governor, nothing on these issues. look at the record, nothing at this point than a second holocaust. they want to destroy israel and wipe everythinovernor t tod wig old off the map. israel has every right to defend itself to the hilt. biden should not be kneecapping them in any washouldy, shape ord and by the way, biden stranded a lot of american citizens ove . there, were trying to get home. so i did an executive order in florida and we sent planes over to israel right in the aftermath of october 7th. and we afterma over 700 america, mostly floridians, but not700 all because biden wouldn't do it. finally, biden started dumping people in greece it., and then b they were sending a bill to the americans just to get to greece. iler you come to this country illegally, they will pay to fly y

here's producer callie keys with her family followed by allie and her family.as, happy holidays, everybody. ♪ only the sleep number smart bed lets you each choose your individual firmness and comfort. your sleep number setting. and actively cools or warms up to 13 degrees on either side. and now, save 40% on the sleep number special edition smart bed, ends sunday shop for a limited time. only at sleep number maria: welcome back. good monday morning, everybody. thanks very much for joining us this morning. it is monday, december 18. it is just before 7:00 a.m. on the east coast. time for the hot topic of the hour. new fox news polls finds voters are split on the biden impeachment. 49% say they believe the republicans' investigation is legitimate, that number is up 2 points since september. house ways and means committee chairman jason smith told me about the evidence they have against this president yesterday on sunday morning futures. watch. >> just two weeks ago the irs whistleblowers gave us the documents of 327 different e-mails that came from joe biden's fa

term, staff members w saw their job as sometimes restraining him, a few congressional republicans ep cally to criticize or oppose him, judges in federal courts, including the supreme court, who sometim ruled against him would all be weaker. as a result, trump and his advisers, more extreme policy plans and ideas for a second term would have a greater prospect of becoming reality. and further blaring the siren about what could lie ahead in just over a year, "the atlantic" just launched a special issue devoted entirely to the threat that a second trump presidency pose american democracy and its lasting effects. the atlantic's david frum writes, a second trump ency, however, is the kind of shock that would overwhelm all other issues. it would mark the turn onto a dark path, one of these rips betwee before and after that a society can never reverse. even if the harm is contained, it can never be fully undone. ashe harm of january 6, 2021, can never be undone. the schemesnd plots of i second trump term would be defeated to, but a president can attempt a coup and if stopped, return to office aga

. >> for the 3rd year in a row, brian callie says he has not raised the price of a real tree at his lot in the sunvalley mall parking lot in concord called center surplus trees. same as everybody else's experience with the inflation. we are. do have significantly increased operating costs. coley says the biggest hit to his bottom line is his decision to raise his entire staff's wages. that combined with higher prices. wholesalers are charging to make up for increased costs for fertilizer, fuel and labor means he may take home less money but expects to still turn a profit. honestly, i think the most important thing is customers leaving happy. we want to be in business for a long time and >> that's the most part of our customers. leave happy will will be around. i don't think it will be sticker shock at all. tim o'connor is the executive director of the national christmas tree association. >> a nonprofit organization that represents tree growers. he says from 2021 to 2022. the median price of a christmas tree for consumers increased from 70 to $80. o'connor says sellers may be raising pri

listenhing, unwill president was moutspoken publ >> certainly i thinthere are a loof kn need everybodwho, cally onield we need ody explng and i think, you know, thaesid includes the former vice president. >> liz cheney, i have so muc more to ask you, including those enablers and some of you former colleagues in congress. you have a lot to say about in this book. we'll be right back with liz cheney are rechargeable, and have easy to use volume controls, built right in. and unlike so many others, with a push of a button, these hearing aids give you pre-sets for better hearing. in a quiet setting, loud restaurants, or listening to music, you can adjust them to help you hear the best... wherever you are” there's no tools required and no batteries to fumble with! when i first popped them in, i went, wow! i hear everything. simply slip in your rca hearing aids, and instantly hear your world again. grampa, i love you. never miss a moment again. you know rca... the quality is there. you cleared up decades of frustration in a second. order now and we'll ship your pair of fda registered hearing aids in y

justifies cally, we cannot afford to be spending $2 million with every missile we shoot to take downt does not make sense. and while a lot of people would say, well, that's the military industrial complex at work, that's not a reality. that's a biden administration decision that is costing the american people precious tax dollars that could be better used by striking the places that are actually shooting at us. ashley: if we do not take the steps that you just outlined, what are the chances, do you think, of this conflict escalating? >> i think the conflict is going to escalate. the united states maw be doing everything in our -- may be doing everything in our power not to escalate9 it at this point, i think that's do give israel the time and space as i mentioned before that they need to utterly destroy hamas which i think is a legitimate and achievable goal. but at the end of the day, we are going to have to hold iran and their approximate if city groups accountable for what they're doing to destabilize throughout the region. that is a going to take time, it is going to an internati

our valuation model is going to probably end up being right on the year, it's bun calli ingbee for 4700. but we did manage our target properly. we were looking at things that were more bearish. so, clearly, not bullish enough. but i think we're still going to have debates over the fed. i think we're still going to have debates about consumer. so, those could be triggers and take the market down, you know, for maybe reasons that don't quite pan out later on, but i tell everybody, calls today have 60% conviction level. if you have 90 or 100, you're lying. so, we're just going to have to be sort of indivigilant as the goes on. >> how do you feel about the broadening out of the market? even if the broad market doesn't do well, that there can be sectors that really can do well. >> i'm an old small cap strategist. we pay a lot of attention to that. that is sort of the destination, a lot of money comes out of this mag seven trade, the big cap growth trade. i think the big cap growth trade got crowded and valued and overvalued for good reasons, but there are tactical problems there, and we do n

callie express expects to open very soon.does look good. >> it does. >> our camera man brian has a big issue with the tip ask at the end. who are we tipping? tipping the robot? >> right. does the robot like pinch your burger if you don't get a good enough tip. >> it's the maintenance of the robot i'm sure but you brought up a really good point. what happens to jobs now because we have one person controlling -- we see it here. at our station. all of our you know, robotic cameras, and you are walking and they're coming after you. and there's someone you know, if you are on the bad side of your director, that camera is coming after you. >> limbo sometimes just moving around. how good is that burger though? i think that would be -- the just -- you know, the moment you decide whether this is good or bad. really delicious? or -- >> lab grown burgers. >> it's not lab grown though right? >> you are going to get the same product every time. because the setting -- >> consistency. that's true. thinking. thinking. >> n and out. a live lo

people event cally have to give themselves a little more cushion.there's any weakness in employment data, again, people don't have that cushion and it is going to impact discretionary spend the most that's a place i'm really concerned. i don't think it really even matters by cohort or income level, right you look at retailers and you saw retailers at the same level, high end, low end, whatever, some did well, some didn't you are to provide value now you really have to execute >> all right steve. >> yeah. >> speaking of cushion, gasoline prices have been a bit of a tailwind they've been coming down incrementally. that should be helpful for that discretionary spending that julie just spoke about >> the u.s. is at record production right now, and the saudis tried to support that price. opec tried to have cuts that were supportive of energy prices it didn't work whenever -- whenever the saudis or whenever opec cuts, you should be selling oil, not buying it. i think it is always counterintuitive i think the big piece that we're missing is where i started

and it wasay not my day on calli just had not signed by pager at an obviously a f question i need to be answered, i felt that it was a really good thing that it did. i provided care. care that i provided by relieving her anxiety. she felt she got value-based care. but the insurance systems, the hospital, seeing that kind of transaction is fluff and is really meaningless in the books of medicine. >> because you can't charge for? >> no, it's not appreciator or charge or incentivize or recognized. now, you should say medicine is alter mystics or you should just be happy that the patient recognize you for your time you spent, and that's fine that truly is what inspires us. that i think that doesn't inspire every clinician. and i think it's important to recognize that that question could have been answered by a simple chat bot or ai-based strategy at night immediately within 15ro minutes of her havig the problem, as she would not have to suffer through the eight hours of anxiety and then paid me on a saturday morning at 60 to 90. when you get a page at 6:05:09 a.m. you know someone is wai

of course, kind of callie. yeah. what came together? yeah. yeah, i definitely get. and i think that that fits with what everyone also said as well. i think that distinction of lincoln's personal views versus his idea about what can do as president is crucial as a big gap that in his mind and so he seems to pretty consist to have been against slavery and personal terms. but from the beginning of the war and we talked about his first inaugural address a few weeks ago from the beginning of the war. he's got this idea which most people share with him. he's got no constitutional authority to end slavery. any complete sense as president of the united states? and i think the story which goes back to your point, is the story is kind of nice coincidence, really, where his personal aspiration and beliefs neatly kind of come into alignment with the realities on the ground, the change in circumstance says of the war point him toward emancipation policy and this is great for lincoln he he doesn't have to think twice about that because this what he's wanted all along he's just be

callie: it is a matter of pays.otate into cyclical slowly, really thinking about where we are in the economic narrative, solid jobs numbers, good-looking economic data, the economy looks fine, but there is still pressure on the economy and could be pressure even if the fed does cut once or twice in the first half of the year so we think it is smart to step into cyclical's especially because they have been beaten down so much, especially rate sensitive cyclicals like banks, but you have to hold onto the half quality risk cannot dive too far to the other side. paul: an evaluation concerns after this big year end run? callie: you know i think back to bull market's humble market started and you tend to see valuations increase at the beginning of bull market's and i would argue we are at the beginning of a bull market now so i am not as concerned by valuations especially because there is the expectation that earnings could catch up next year. we are looking at a different market than we saw in the 2010's and 1990's, a lo

it much, which are often offsets it psychologically. of, much, which are often offsets it psy(know, callyoften offsets it psy(know, grind of, much, which are often offsets it psy(know, grind your of, much, which are often offsets it psy(know, grind your teeth f, much, which are often offsets it psy(know, grind your teeth what you know, grind your teeth what we're doing. actually we're doing. okay. but actually it's been that to be it's not been that great to be a homeowner. the sun now leo, homeowner. now the sun now leo, it sounds like finally we're going get the most going to get to see the most notorious list of notorious christmas card list of recent years. >> yes, jeff epstein's 177 high profile pals are to be named in prince andrew accuser lawsuit, as papers are unsealed in 2024. apparently it's going to happen in january the second next year. so this american judge, loretta preska , has, uh, has asked for preska, has, uh, has asked for these names to be unsealed, ordered the unsealing of hundreds of files. so she's obviously going to hang herself over christmas that i've seen these

because when we think of radiceof the far typically >> because when we think of radiceof the far right, callyf the far right, don't think of the far right, don't we? islamism we? or extreme islamism or something and we something of that kind. and we don't. if we were being don't. i mean, if we were being honest, think honest, we don't normally think of feminists want their of just feminists who want their own owi'i spaces. >> own spaces. >> yeah, it's a it's >> no. and yeah, it's a it's actually really good actually a really good technique, it technique, isn't it, because it works words works if you have words that carry some negative weight with them associate them with the them and associate them with the people you're disagreeing with, you argue the you don't have to argue the point. the person and point. you argue the person and from of view, come from your point of view, come across winning. across as winning. >> mean, from across as winning. >> you're mean, from across as winning. >> you're describing,in, from across as winning. >> you're describing, it from what you're describing, it s