we have to swap out asml and put in proctor & gamble.this portfolio needs a lot of help. i got to do it so we're going to do proctor there. we keep nvidia because it is a terrific company we go with google here we will keep amazon, because even though -- i'm doing the 24 to one split then disney for entertainment. i know it is major surgery but sometimes you have to get into a little anesthesia, 12-hour operation, finished in three minutes. that's how i work. let's go to rolled in georgia, please rod. >> hey, jim. this is rod from georgia >> okay. >> i hope you are doing well today has been a wonderful day it has been sunny. i have been playing with my tomato plants and putting out new ones and planting some more. i have a few stocks i need to ask you about. one of them is sigma lithium, sgml it is -- i had it for a little while. i have sold half when it doubled. i sold half again when it doubled again. then i sold 20% when it went up 30 more percent. now i still have a 90% profit on the shares that i still hold my other stocks are ms, k

and we have a 4% loss for the asmi and asml. stmicro down 4% and heavy selling in china of course, this will likely be a combination of investors pricing in the impact of the lockdowns in china and the covid story there. also the risk of recession as investors price in a more aggressive interest rate hikes from central banks around the w world. >>> as for oil markets, we are looking like this. wti down 2%. $118 brent down to $119 >>> coming up, we will talk politicians. emmanuel macron faces a tough battle for the parliamentary majority after the strong showing for the leftist alliance we will have the latest after this break we've been streaming all day from every room. the power and speed of this super-sonic wifi from xfinity is incredible. mom! mass speeds was my idea, remember? get minion net, with speeds of up to one minion bite per hour. [ low screaming ] but that was an epic fail. with xfi we can stream, share, swipe, like... impress your mom with super-sonic wifi. it's unbeatable internet for a more unbeatable gru. i mea

asml, we are pulling that out to see how it is being reflected in the european chipmaking space, currently down 2.02%. expect a big move for uniper, the german energy company on the news it is in discussions with the german government for a potential bailout. the politics of russian gas and ukraine central to this company. in terms of aston martin, news they are looking for additional funding, a be a significant new investor, currently down 1.8% for the likes or carmaker. let's get over to bloomberg's mliv editor mark cudmore, you are looking at analyst forecasts , they remain very bullish. mark: very much so. this is about earnings forecasts. i-8 would like to drop you are attention to something that might be a little under the radar. analysts are behind the curve. they tend to chase the macro narrative a little bit. we know that equity forecasts are bullish despite the declines we have seen this year. the reason i want to show it is because it is so dramatic. this is a chart of the 12 month blended forward earnings for the all world countries index, it is just off of a record high, about

i do own multinational equities, companies like asml. i own shell. you can invest in europe but you want to think global context. i think europe is falling into recession, it has a tightening central bank for the first time in a long time, but i don't think the u.s. falls into recession. i think china will be in the mislead stimulus to be the second half of the year. if you invest in europe, i want to have growth in other areas. jonathan: i want to talk about the market before go to equities. do you think this is achievable, with reinvestments of pep, at the same time raising interest rates in the way that they are guiding us in the statement? patrick: i don't think so. it matters at the margin. it is designed to give the market some confidence in the periphery bonds, but i didn't realize i was betting on fragmentation when i shorted italy this morning. that is something that i'm deliberately pointing out, there is going to be consequences to the periphery as they end their qe program on july 1. reinvestment is very small compared to the bond buying