be spreading from newton to paris to plano texas that is we'll look into it coming right up then axel merckx is live on the show today and i are talking about the u.s. economy and what the remainder of twenty four team looks like and in today's big deal edward harris and i are discussing the latest g.d.p. numbers you won't want to miss a moment so let's get to it. our lead story today the global economic fallout from the latest sanctions against russia now tuesday if the u.s. and e.u. expanded sanctions against russia to punish moscow's adamant stance on ukraine for the west the big question now is whether these latest sanctions will make president putin more cooperative or just prompt him to dig his heels in even harder so what do these latest sanctions include and who suffers the most well that year's new measures target russia's banks oil industry and military and they're designed to slowly suffocate the russian economy however the measures could increase financial pressure on europe's already sluggish economy and deny certain technology that much of the continent just relies on now briti

economy now for the remainder of the year and i'm joined by axel merckx president and chief of merck investments chief investment officer of merck investments welcome back to the show it's a pleasure to have you here as always to be with now what's your takeaway from those numbers that i just read regarding the u.s. economy and the overall investment climate right now. model doesn't everything look great i mean you just mentioned everything looks horrible in europe and everything must be so fabulous in the u.s. it's just nobody feels that how fabulous it is maybe part of it is because a lot of that was inventory build up but clearly some indicators are looking better the other number that came out by the way today was inflation core p.c. inflation was up and if you put that into context inflation is moving up the fed today holding rates steady doesn't that mean that real interest rates interest rates often flake dropping so we have this hawkish federal reserve because everything is looking so great yet interest rates actually formally and so to me that suggest maybe not everything is