baird says the water isn't just coming in from the ocean, rivers, and creeks.nd, mixing with groundwater and making the soil wetter and saltier. an invisible killer. it's a threat all the way down the atlantic coast to florida. cora: if you feel like it's important to continue farming, and it's important to keep agriculture a part of our, our sort of landscape and identity where we're in such a confined geographical area, if it keeps pushing in from the edges, there's only so many places we can shift to. sam: now, there are ways that farmers could hold on for some time. salt can dehydrate plants to death or even poison them. so researchers are testing salt-tolerant crops like barley and quinoa. farmers also can dig ditches and build berms to keep water away or accepthe inevitable. thelonius: they love wet soils. and they can actually help to soak up some of that water. sa thelonius cook runs a sustainable produce farm. no fertilizer or pesticides. problem is, the farmland is increasingly soggy as groundwater seeps up from below. so when it rains, water flows of

pushing hard against detective baird who handled the case. was then an assistant state's attorney preferential treatment. >> he was a prosecutor. they were the police. he gave 'em a story that he -- how it happened. they bought into it. after all, he's one of us. >> reporter: so maybe tougher questions didn't get asked. >> i think so. >> reporter: neighbors testified the lovelace household was sometimes a stormy one. and that, parkinson suggested to jurors, is the backdrop of cory's death. >> they fought all the time. it was a rocky marriage with lots of arguments going both ways. and it got out of control. and maybe the evidence indicates that placing a pillow over one's face to make them stop yelling at me. maybe in her weakened state, if she was -- had flu-like symptoms, maybe it went too far. >> reporter: the state's theory, remember, is the force of the pillow caused that cut and abrasion on the outside and inside of cory's lip. the prosecutor then implied the pillow was placed under her arms after she died and later removed. >> if you l

baird of indiana, i inform the house that mr. baird will vote no on amendment number 1. the speaker pro tempore: for what purpose does the gentleman from tennessee rise? mr. fleischmann: madam speaker, as the member designated by mr. bilirakis of florida, i inform the house that m mr. bilirakis will vote nay on amendment number 1. madam speaker, as the member designated by mr. comer of kentucky, i inform the house that mr. comer will vote nay on amendment number 1. madam speaker, as the member designated by mr. brooks of alabama, i inform the house that mr. brooks will vote nay on amendment number 1. madam speaker, as the member designated by mr. green of tennessee, i inform the house that mr. green will vote nay on amendment number 1. and, madam speaker, as the member designated by mr. long of missouri, i inform the house that mr. long will vote nay on amendment number 1. thank you. the speaker pro tempore: for what purpose does the gentleman from north carolina rise? >> madam speaker, as the member designated by mr. mchenry of north carolina, i inform the house that mr

baird of indiana, i inform the house that mr. baird will vote no on h.r. 3807. the speaker pro tempore: for what purpose does the gentleman from illinois seek recognition? >> mr. speaker, as the member designated by ms. newman of illinois and mr. levin of michigan, i inform the house that these members will vote yes on h.r. 3807. the speaker pro tempore: for what purpose does the gentlewoman from new york seek recognition? ms. tenney: mr. speaker, as the member designated by mr. owens of utah, i inform the house that mr. owens will vote nay on h.r. 3807. the speaker pro tempore: for what purpose does the gentlewoman from delaware seek recognition? ms. blunt rochester: mr. speaker, as the member designated by ms. clark of massachusetts and mr. cleaver of missouri, i inform the house that these members will vote aye on h.r. 3807. the speaker pro tempore: for what purpose does the gentleman from north dakota seek recognition? mr. armstrong: as the member designated by mr. gonzalez from ohio, i inform the house that mr. gonzalez will vote no on h.r. 3807. the speake

baird warning of more pain ahead, saying weakening demand isn't priced in yet.sales off 5% in the first quarter. pandemic boost subsiding there this was a hero stock, quint, for a couple years i mean, as good as it gets >> yeah. you better believe it. and you know, in the cycle that we're in, when really growth starts to get smashed, these are the dangerous plays. so we have looked at two extremes we looked at bed, bath, & beyond that is trading not far off all-time lows. we're looking at nvidia trading, i mean yes, it's come down, but if you look at the longer term chart, this has been an absolute monster. it would be very easy to get sucked in and go, oh, it's significantly off highs. let's try to pick up this name here and i think, again, you have to be very, very careful. what the analyst from baird is talking about which makes a ton of sense is the gpu sales should come in softer than expected why? because a lot of these companies have been ramping up their orders on computers and inventories have been soaring. so we're going to start to see, i think, the c

baird & co. inc. (“baird advisors”) core plus strategy. >> i think we have craig here today. >> i'm presuming you can hear me. staff is recommending, my comments pertain to items 11 and 12. we're recommending the termination of two liquid credit strategies, item 11 to interpreternate sfers and item no. 12, representation to terminate our investment in irnm government strategy. we have written brief memories which describe our rationale. the balance that are held in both accounts will be used to fund the strategies. the guidelines for which you just approved. but before i turn it back to the board for questions, i would like to take a moment and thank baird and irnr, these are great firms and the terminations are a result of decisions we have made with respect to the liquid credit markets and terminating is not the recommendations or -- unless any pc to like to make comments, i'll turn it to the board for questions. >> >> thank you, kurt. madam secretary, can we call item no. 12 so we can take action a

. >> announcer: this cnbc program is sponsored by baird. visit bairddifference.com. ok, let's talk about those changes to your financial plan. bill, mary? hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ i didn't know my genetic report could tell me i was prone to harmful blood clots. i travel a ton, so this info was kind of life changing. maybe even lifesaving. ♪do you know what the future holds?♪ welcome to your world. your why. what drives you? what do you want to leave behind? what do you want to give back? what do you want to be remembered for? that's your why. it's your purpose, and we will work with you every step of the way to achieve it. at pnc private bank, we'll help you take care of the how. so tell us - what's your why? ♪♪ this is xfi

baird. mr. baird: thank you, mr. speaker. thank you to my colleague from louisiana for this opportunity. to speak about title 42. you know in the last 14 months, this administration and its open door policies have created the worst border crisis we have seen in decades. leaving our southern border very vulnerable to the dangerous cartels. and our communities vulnerable to the lethal drugs that they bring in. every day, 2000 migrants evade capture and illegal enter our country. that's over 300,000 illegal immigrants evading capture in the last six months alone. unfortunately, our border patrol warns us that this is the only -- not only the known got-aways and the real number is likely so much higher. the president's rolling back title 42 would cause a mass migration event and certainly overwhelm our already overworked and undersupported border patrol. not only are americans still held to a higher covid protocol standard than the migrants at our southern border, but title 42 remains one of the only tools our overrun agents can

. >> announcer: this cnbc program is sponsored by baird.'t need a posh virtual receptionist, because he cloned himself. while his clone watches the phones, dave can work on his code. and lead his team. dave trusts his clone like he trusts himself. so, in summary, we're going to sell the company. who's in favor?... perfect. but if cloning isn't an option for you, just get posh. virtual receptionists who can answer and transfer your calls, because you can't be in two places at once. >>> we are seeing significant weakness out of china to start the week eunice yoon joins us with more the lockdown, what are you hearing? >> a lot of traders are worried about the covid lockdowns, the inflation numbers, as well as an increase in regulations. so in terms of the inflation figures, the prices for march rose faster than expected. the ppi was up due to high oil costs as you'd expect. the cpi was pushed higher by disrupted food supplies because of the lockdown. in addition to shanghai, other cities are imposing more covid restrictions a manufacturing hub

it was also cut to neutral over at baird. it is trading at $224 this morning. it is not just u.s.ower. chinese stocks were under a lot of pressure in the asian session. some of those players are lower in early hours. then more news on share splits. shopify now doing a tender one stock split. that is not really change the fundamentals of the company, and yet it seems to give a lift to the shares. final note on wells fargo, which will be reporting on thursday, was upgraded to a buy at citi. the drumbeat to wall street results goes on. tom: our interview of the day on yield, and it is yield up and decidedly price down. marilyn watson is head of global fundamental fixed income strategy at blackrock, and has a wonderful view of this strange idea is not just about yield. it is about price as well. i just took the 10 year series back to the time of volker, and we have lower yields and higher prices of five standard deviations in the pandemic scare to low yields. we are up only one standard deviation off that long-term moderation. can you and blackrock say that the great moderation is ove

senior research analyst at baird.end, richard bernstein, would probably disagree with you. he was just on a few minutes ago saying avoid what he said were broadly consumer discretionary stocks and go to late stage cyclicals like consumer staples, like utilities, like energy. you take a different tack though maybe it's only in style and not so much substance or in -- not in a definitive way. explain. >> thanks for having me. i did hear that segment and admire his work. we have a very constructive view based on valuation, but it's not always a very good trading signal and when we looked at trading patterns around past yield curve inversions, the pattern is pretty clear. you want to avoid these stocks likely for the next six to eight months as investors digest essentially bad news, but then we tend to rip and fairly early. i would consider this more of an early cycle play you want to be invested at that moment fundamentally, we feel good about evaluation, but it's not the best time to get involved in these stocks we want

baird's will power will be joining us.s is bloomberg. ♪ ♪ 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 business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ kailey: we are in our into the u.s. trading session, stocks are higher but they are up 3.1%. the nasdaq 100 performing .6 percent after results from tech companies. the interesting thing today is that it is not a story so much about the equity market in light of the earnings we are getting. it is not even the bond market, it is really about foreign exchange with the dollar at its strongest going back to 2002, 103.70 it is also the dollar strength and also weakness. you

we've got will power senior research analyst from baird and cnbc's economics reporter mike liesman and, of course, mike santoli. steve, makes you wonder whether there's going to be a problem with consumer discretionary spend. netflix is not like buying p&g soap and shampoos. is that an issue you've seen pop up >> just starting to see the first signs of it, sara. actually, in the beige book and of course some anecdotal reports you're talking about there first of all, our cnbc all-america survey from last week showed 84% of respondents doing something in response to higher prices. some of them are cutting back on entertainment. about 62%. some driving less. a whole panoply of things people are doing to make ends meet. just can't have higher prices. people have reaction entertainment has take an bite out of that. the beige book shows overall companies are passing along what were called swiftly rising costs. at the same time we're finally getting to see pushback. i thought i'd share, sara, this quote from the beige book from the cleveland fed. some consumer-facing contacts reporting spendi

nvidia down 5% after a downgrade over at baird. amd down by about 3% it's off the lows right now. nvidia down 20% over the past week it also comes as the ten-year treasury yield has spiked to 2.78 % earlier today that's the highest level since 2019 we're just below the benchmark right now. everybody is talking about this move new highs and bond yields and other parts of the globe everyone is watching amazon as a bellwether as well tomorrow morning the march cpi report we have nervousness ahead of that let's get to steve liesman with the closer look at the fed's tough job ahead. >> kelly, an in depth look at the previous efforts to fight inflation shows the central bank has won four out of four of the past fights since 1977 it could take a long time, and sometimes the fed wins ugly. it took 37 months from that first rate hike in 1977. it took sharp rate increases for the fed and recession to get inflation under control until it peaked in 1980 it took nine months in 1999. and a bit over a year in two other episodes why does it take so long here's what we found for one, the unemploym

. >> that's right baird we are saying a whole new level of bloodthirsty violence that, up until now, -- that was beheaded. all of the anecdotes he provided, that was pro-ukrainian lawmaker by the way. this is apparently a message from the russian professional forces for this ukrainian lawmaker. it is coming from putin. it's coming from the top. this is a whole new chapter of absolute rage incarnate. we are watching it unfold here. i think it bakes really important questions. as we watch this unfold that we watch this extermination unfold we are not helpless. it raises important questions about what this administration will do with the kremlin as "the wall street journal" wrote this morning as the u.s. really going to work with the kremlin to implement another nuclear deal with iran? how is russia still a member of the human rights council? this is exposed united nation is worse than useless. we've brought up ongoing conversation with the icc and icj. we talked about the lack of enforcement there. we are not a member of the icc. >> it raises that point which is talk is cheap. as a who

that certainly baird's point today.wn in consumer demand reflected by on going reduction in graphic cards pricing do you see anything wrong with that picture of demand environment right now? >> the really difficult thing to understand is crypto has been a significant opponent, i believe, both in the demand for client gpus over the last couple years, similar to what we saw in 2018 and it's really difficult to understand once nvidia makes a chip and ships it out to the car vendors where exactly that product ends up. so i've looked at a world where four weeks ago if i was trying to buy a part at best buy, it didn't exist now you go on best buy's website and you can get any type of gpu you want so i certainly think there has been some shift over the last month versus the last two years where ugs couldn't buy a client's graphic card. >> now semiconductor equipment makers are warning supplies are still tight. who among the semiconductor players is best positioned to weather that sort of environment through their demonstrated

. >>> take a look at nvidia, prunjing today after getting a d downgrade from baird to neutral.dia's graphic processing units are beginning to pick up, driven by a slowdown in consumer demand. mike santoli with a closer look at nvidia for his dashboard today, which has been hit hard lately >> it has. in fact, the downgrade is riding along on this pullback, down by more than a third, but this chart shows over the last five years just how important nvidia has been as a contributor to the semi-conductors performance. it's still above half a trillion in market cap, even down 40% from its peak. amd, that stock looks almost exactly like nvidia here those two stocks really spaunl for almost all of the upside in the group, and they're both together about 15% of the sector, or at least of this etf. take a look at how the street is set up, even after the downgrade today. more than 80% of analysts still recommending the stock what i would also point out is the target price well above $300, around $320, shows about 50% upside to the current price. that's usually kind of a vulnerable to down

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the funding you are watching "squawk box" on cnbc >> announcer: this cnbc program is sponsored by baird. visit bairddifference.com. 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 business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ >>> tech stocks surging lately recovering losses from last month. joining us to talk about what is working is gene munster. founding and managing partner of loup meta and amazon up 25% most up 15%. all rebounded. is it too late >> i think in the case, the simple answer is no. look at the rebound in meta. 25% as you said and still trades at 19 times of 2022 and expected to grow 15%. 18% for google when you put this together, joe, there is room for upside you ne

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also republican congressman jim baird, at a glance, the march jobs report may seem promising but a closerook reveals concerning truths. there is very little relief for workers as inflation continues to outpace wage rates and until dems adopt fiscally responsible policies the american people will continue to suffer. back to the phones now. rich in greensburg, pennsylvania. good morning. caller: good morning to you. i live in west moreland -- westmoreland county and we have not even begun spending the covid funds. i think there was about $109 million sent to our county and my concern is when you start spending that on projects, i mean, it will create new jobs that are not there an macroeconomics tells us as the employment rate continues to go down you are going to get to that point where for new employers to attract employees they will have to pay higher wages which will in turn send up the inflation even higher. i am thinking this could go to 11%, 12%. the lady that was on from "the washington post" said the employment rate for women was improved significantly. there should be no need then

also republican congressman jim baird, at a glance, the march jobs report may seem promising but a closer look reveals concerning truths. there is very little relief for workers as inflation continues to outpace wage rates and until dems adopt fiscally responsible policies the american people will continue to suffer. back to the phones now. rich in greensburg, pennsylvania. good morning. caller: good morning to you. i live in west moreland -- westmoreland county and we have not even begun spending the covid funds. i think there was about $109 million sent to our county and my concern is when you start spending that on projects, i mean, it will create new jobs that are not there an macroeconomics tells us as the employment rate continues to go down you are going to get to that point where for new employers to attract employees they will have to pay higher wages which will in turn send up the inflation even higher. i am thinking this could go to 11%, 12%. the lady that was on from "the washington post" said the employment rate for women was improved significantly. there should be no need th