anneka treon, thanks very much have a great day >> whales seem nice.nneka, thank you. >>> when we come back, more on this morning's big money movers including shares of paypal taking a whale-like diving today. >>> plus, as the fed tries to get ahold of inflation and costs hitting your wallet, we take a look at the factors that simply may be out of jay powell's or anybody's control. >>> and did saudi arabia own an interest in like owning all of tesla? the new claims by elon musk over his infamous tweets about taking the company private. 'slot more to do it a big day grab a coffee. we're back right after this. ♪ red roses too ♪ ♪ i see them bloom ♪ ♪ for me and you ♪ ♪ and i think to myself ♪ ♪ what a wonderful world ♪ a rich life is about more than just money. that's why at vanguard, you're more than just an investor, you're an owner so you can build a future for those you love. vanguard. become an owner. as a business owner, your bottom line vanguard. is always top of mind. so start saving by switching to the mobile service designed for small business:

we prepare to kick off a trading week here let's bring in the managing dist director of equities anneka treon, i mentioned with the general, it appears as though the sanctions are having more of an effect on putin's support base in russia than some of the military actions are. how exactly are markets handicapping all of this in real time >> it is indeed very challenging and confusing to rip apart what is happening from the human perspective and how one should consider that from the financial markets need to do two things we need to zoom out and what was the state of the macroeconomics prior to that. we need to zoom out to previous geopolitical tension events going back to world war ii and how markets behaved. going to the latter, markets have gone accustomed to dealing with the tensions. you see it tends to be a knee-jerk effect it dwindles down three-to-six weeks after the initial hit. markets tend to go back to the macroeconomics environment to deal with the first point i mentioned, let's zoom out. where were we? we had the shortest, steepest recession in history triggered by covid th