yuri belsky. i tried to explain to the person that such a base does not exist there.l, they didn’t get there experts. they say that scammers took advantage of a new trend according to the federal tourism agency. this year, domestic routes such as altai, kaliningrad, st. petersburg, are popular.

we have brian belski. brian, you are still fundamental, right?l, bullish, your secular bull call is still in place? >> very much so. we came out with a call that u.s. stocks were entering a brule market in november of 2008 kind of the depths of credit crisis unwinding. we segued the call in 2010 to 20, 25 year bull market. people thought we were nuts. march of 2020 was the control, alt delete reset of the bull ushering last ten years. we think the makeup of the bull will be very different. going forward the next year or two it will be much more fundamental, much more earnings driven and the data is showing it very well. meaning if you look at valuations and earnings growth it is all over the place, dispersion is all over the place but price performance is still very highly correlated. that tells me that people are being very binary. buy, sell, covid, no covid, work at home, work in the office, we're just either one or the other. i think that is really focused that is really forcing a lot of this volatility and momentum within the market. charles:

correspondence and offered to call the hotel administrator, naming the random number of a local resident yuri belsky tried to explain to the person that such a base does not exist there. well, they didn’t get there experts. they say that scammers took advantage of a new trend according to rostourism. this year, domestic routes are popular, the same altai, kaliningrad , st. petersburg, the far east, the caucasus , car travel, active outdoor recreation, have become more in demand. increased demand for new experiences with a focus on local flavor and ethnicity today, many tourists prefer to combine, not giving preference to any one format , the departments assure fraud from fake sites of a mass nature and tourists have the opportunity to double-check the data about the company and tour operators, for example, on the website of the tax or the same rostourism. well, reviews are read, because reviews, in principle, are the whole truth, the whole life about this object. see how the owner responds adequately to the reviews of tourists, that is, you will already see to whom we are going, what kind of owner i

but she and her family, a barely making ends meet ali late 20 paul belsky. dillard cannot really play the case. is somebody deliberately lana lang? my name is pamela delilah. did madeline and i do a medical campbell kayla vodo level to get an approval from you. with that that alone had. then i'm going to kill ah, a no deductible which when you buy a one with a with ah, ah ah, protests of rage for several weeks and they getting stronger every day. the entrance to the president's secretariat is blocked. police are holding the line, and serious clenches may begin any moment. a. we can see it as a person who is obama, and he came from a district. google advanced. does not need a need to wander next is to get on with the economy. i will get a receipt. no food. i see a rick, it's a b but because of the export team up i'm, i'll export the mugs, the main mice, russia, daniel craig, and they're boarding other boarding products from the tree lanka. so that's, that's another piece be with losing from us. so, so it's, it's mean effective what we think for the other, for, for an extend foreign cur

was brought by the activists of the all-russian popular front to the village lower, pokrovka became belskyistrict 350 humanitarian sets. they contain groceries, detergents and essentials. well , the russian military is taking the residents of the people's republics. truck convoys move medical equipment or medicines from the supply centers of the ministry of defense, forcing drugs for various purposes, painkillers , antibiotics, antivirals, and children's medicines. the execution of the russian budget last year turned out to be the best in the last 5 years, but there is a violation about this reported today, the head accounts chamber alexei kudrin at a meeting with vladimir putin, they received support. of course we celebrate. e, the veracity and reliability of the government report, however, also found e, a violation of 676 billion rubles. too. basically. this is accounting. most were corrected during the audit itself, because it is very important that each expense is accounted for by the item that it was spent frequently. this is very registration. eh, the property of the constructed buil

unwashed double earth or a boat that blood was morally way leave brought your so yes, go say you owe belsky why, you little bit of a spoke or what a shot. actually it will cause i name is tanya. that's why this why you have to rush, you least shanisha. they're upset with them. bizarre mom knew was more of them. b sir jimmy meaningful bonnet. having received the information standin ordered marshal shook off to turn the army westwards. the allies understood a surprise attack wouldn't work out, then. charger beckon, griffin, dodging, creek scuff, hammond and thought to the automobile easier. tut. the hu. deutschland and annoyed the buffing touches on it. she has a chava, toyota, missouri in north iceland. wanted to put some of provisions, conte starting in frosty overs east and darcy, east. our strand buzz matee adopt on chargers are yadda. be nifty for me at damaging the inform him these as dupage. b. like and dish diverse mr. blue. the double play continued. germany signed the surrender on may the 7th at the american command headquarters in the french city of rims star and was furious. the s

most premium and expensive tea grows, but she and her family a barely making ends meet ali 920 paul belsky. dillard cannot really credit card is somewhat limited on a monday until i did had an uncle to on this. i wanna make that. i think i found a book. are you larry to vodo level to get that approval of putting you back? like hello, i've been going to kill ah, the 2nd world war affected millions of people. during the conflict, the balance of power was held by the leaders of 3 nations. the united kingdom, the united states, and the ussr that die in one day. the dead man tried christa creek up as not because hitler was weak and knew he would wait and he was bluffing . he was the major political figure. certainly one of the most prominent political leaders of the 20th century where they wish to report the germans of the germans, or when we support the russians. and that way, let them destroy each other. there was that kind of sentiment in the west at this time. the redrawing of european borders had begun. britain and the united states, and then just really planned to attack the ussr overton

star bush rather a boat, that blood was more of leeway leave brought your so yes, go say you owe belsky. are you little bit of a spoke or what a chart? ashley, a democracy. my name's tanya. that's why this. why you have to rush you, mr. shanisha. very that up. so you with them busy, ma'am? new was more of them be sir jimmy? manuel barnett. having received the information, stanalin ordered marshal shook off to turn the army westwards. the allies understood a surprise attack. wouldn't work out then, charger beckon, clickin, dodging creek, scuff, hamlin and sorted out more vizier tut. v. deutschland, and annoyed the buffington to them even as java. de leon da, my story in northland. want it to but some of our veterans conte starting in for are the hours eastern. does she east austin bus matee adopt on charges are yeah. that be neat nifty. for me, it damaging the inform you these as dupage b like and dish. diverse mr. blue. the double play continued. germany signed the surrender on may the 7th at the american command headquarters in the french city, a reins, stone and was furious. the sovie

oh belsky volume little bit of a spoke or what a shot. rationally it will cause i name is tanya. that's why this why you have good us, you least shanisha, very upsetting them. busy menu was more of them be sir jimmy, meaning bonnet having received the information standin ordered marshal shook off to turn the army westwards. the allies understood a surprise attack wouldn't work out then. charger beckon clicking d dodging creek scuff. hammond and foot to the automobile, easier. tight v. deutschland and annoyed the buffalo chatham. jean chavez, toyota, missouri in northland. wanted to put some of our finance conte starting in for october east and us e, so astound bus mafia dot on georgia jada beneath to inform you that tom was in the inform him these as dupage b like and dish. divest mr. blue. the double play continued. germany signed the surrender on may the 7th at the american command headquarters in the french city, arrange. starlen was furious. the soviet people had borne. the main brunt of the war with the surrender had been signed on french territory with the anglo americans p

unwashed double earth or a boat, that blood was morally way the brought your so yes, go say you owe belsky why, you little bit of a spoke or what a shot. rationally, it will cause i the storage unit where this, where you have to rush, you least shanisha there, that up. so you with them before mom knew was more of them be sir jimmy manual on it. having received the information standin ordered, marshall shook off to turn the army westwards. the allies understood a surprise attack, wouldn't work out then. charger beckon clicking deduction creek scuff hammond and so to them or been easier thought. dean, deutschland and annoyed the buffalo chatham even as java de leon da, missouri in northland want it to but some of providence conte, starting in for ok the of us eastern. does she east austin bus mafia dar on charges are yeah, that be neat nifty for me. it damaging the inform him. he's as dupage be like and dish. diverse mr. blue, the double play continued. germany signed the surrender on may the 7th at the american command headquarters in the french city, arrange stone and was furious. the sovi

our north double earth or a boat that blood was morally way the brought your so yes, go say you owe belsky. are you little bit enough? spoke or what a shot or actually it wilkerson my name's tanya. that's why this why you have to rush, you least shanisha there that up. so you with them busy, ma'am. new was more of them be sir jimmy meaning bonnet. having received the information, standin ordered marshal shook off to turn the army westwards. the allies understood a surprise attack wouldn't work out. then. charger beckon clicking d dodging creek scuff hammond and sorted out more been easier. tut v. deutschland and annoyed the buffalo chatham even as java de leon da my story in northland want it to. but some of providence conte starting in for are the hours east and i see so astound buzz mafia dar on chargers are yada beneath the form yet damaging the inform him these as dupage b like a dish. divest mr. blue. the double play continued. germany signed the surrender on may the 7th at the american command headquarters in the french city, arrange starlen was furious. the soviet people had gone. t

north star board, rather i bought that blood was morally way the brought your so yes, go say you owe belsky why you little bit of a spoke or what a shot actually it walkers. i name is tanya. that's why this why you have to rush. you least those. jenny started up so you've been busy. many was more of them. b sir jimmy meaningful bonnet. having received the information, standin ordered marshal shook off to turn the army westwards. the allies understood a surprise attack wouldn't work out. then. charger beckon, clickin, dodging creek scuff, hammond and sorted al more been easier, tight v. deutschland and annoyed the buffing touches on it. even her chava, toyota, missouri in north iceland wanted to put some of provisions calmed starting in frosty overs east and i see so astound buzz mafia dar on chargers are. yeah, that be neat nifty for me. it damaging the him from him. he says, dupage b like and dish diverse mr. blue, the double play continued. germany signed the surrender on may the 7th at the american command headquarters in the french city, a reins, stone and was furious. the soviet people

our north double earth or a boat that blood was morally way the brought your so yes, go say you owe belsky why, you little bit of a spoke or what a shot russian it wilkerson my name's tanya. that's why this why you have to rush, you least shanisha there that up so you with them busy, ma'am. new was more of them. b sir. jimmy mina were bonnet. having received the information, standin ordered marshal shook off to turn the army westwards. the allies understood a surprise attack wouldn't work out, then charger beckon, clicking, dodging thanks government and so does our mobility zia tight v. deutschland and annoyed the buffalo chatham. if he has a stronger de leon down my story in northland on it too. but some of our veterans conte, starting in rocky. i was eastern darcy east. i was found buzz mafia dar on charges . are you had that be neat, nifty, for me? it damaging the inform him. he's as dupage b like and dish diverse mr. blue. the double play continued. germany signed the surrender on may the 7th at the american command headquarters in the french city, a rims stone and was furious. the sov

oh belsky why you little bit of a spoke or what a chart. ashley, a democracy named tanya, that's why this why you have to rush, you least those shanisha very took up so you with them before mom knew was more of them be sir jimmy mina were bonnet having received the information standin ordered marshal shook off to turn the army westwards. the allies understood a surprise attack wouldn't work out. then. charger beckoned clickin dodging thanks government and sorted, our more been easier thought. dean, deutschland, and annoyed the buffalo chatham even as java de leon da, missouri in northland on it too. but some of our veterans conte starting in frosty hours eastern. does she east austin bus mafia dar on charges. are you had that be neat, nifty for me at damaging the info on your knees as dupage be like a dish. diverse mr. blue. the double play continued. germany signed the surrender on may the 7th at the american command headquarters in the french city, a reins, stone and was furious. the soviet people had borne the main brunt of the war, but

yuri belsky. i tried to explain to the person that such a base does not exist there.l, they didn’t get there experts. they say that scammers took advantage of a new trend according to rostourism. this year, domestic routes are popular, the same altai, kaliningrad, st. petersburg, the far east, the caucasus , car travel, active outdoor recreation, have become more in demand. increased demand for new experiences with a focus on local flavor and ethnicity today, many tourists prefer to combine, without giving preference to any one format , the departments assure fraud from fake sites of a mass nature and tourists have the opportunity to double-check data about companies and tour operators, for example, on the website of the tax or the same rostourism. well, read the reviews, because the reviews, in principle, are the whole truth about this object. and look how the owner responds adequately to the reviews of tourists, that is, you will already see who we are going to, what kind of owner is this it is better to book hotels through online services. first, they are loyal cus

bye ivan grew up boyar clans, belsky shuisky and glinsky steal the treasury, rape each other, it’s going life january 16 , 1547 metropolitan. macarius, putting the cap of monomakh on the head of a teenager, crowned ivan iv to the kingdom with the title of tsar and grand duke of all russia, the last prince from the rurik family became the moscow tsar in the country, ivan the terrible had to uproot the results of the reign of the boyar freemen and feeding bribes extortions lawlessness nothing. well, even for us under ivan the terrible, it was created in russia's regular army, the foundations of which were the streltsy pushkari and the cossacks on the southern borders, ivan again had to deal with security issues. three campaigns on the male trade route took place on kazan in 1.547, the forty- eighth year was unsuccessful and bad weather prepared the army, and in 1549-50, a fortress was built on the border with kazan, sviyazhsk was a springboard for future success in 1552, kazan fell from the fifty-fourth to the fifty- sixth ivan will conquer. astrakhan so the volga will become an inland rus

thank you very much brian belski all right, amazon adding a second prime event.to know when it's going to be, and why they are doing a second event. >> and will you buy i think that's my question to you, stuary varney. so first one is next month, jul. always in the summer as you know , but now you're going to get a second one which i find interesting in the fourth quarter, unusual because that's during the christmastime and we have black friday, boxing day around the rest of the world. reports are that amazon has already asked sellers to submit their lightning deals for this prime fall event as they call it for q 4. no word yet, no confirmation from amazon but look they are trying to find ways to grow sales and revenue. they are coming off the slowest quarterly sales growth to start off this year so the dot com bubble back in the 2000 first profit drop i would say in almost what, five, six, seven years? stuart: i think it was seven years. >> for amazon. stuart: i want to get to this microsoft story. you're the one to explain it. it changes in the facial recogniti

belsky at imo, 4800. i wonder, as an analyst and strategist, you look at this market, what do you have to do? what should you do? jonathan: we lowered our numbers. eight weeks ago, we went back to the pieces. the right thing to do is not forecast the market. it is, start with earnings. our my earnings too high or low? we went and tested them, the earnings looks incredibly solid. if we were to make a change, maybe we should move higher. some of that is coming from energy, but nonetheless. we look at the multiple, this is why we lowered our estimates. no, you have to lower your expectations for stock multiples for pes when the cost of capital goes up. if we were to downgrade our number, it wouldn't be because we think earnings are off. it would be because we say, those credit spreads that damien was talking about before, if they stay wide then stocks cannot rebound. they have to come in. jonathan: it is good to get your perspective. equity set by 1%. next, we hear from the white house. this is bloomberg. ♪

let's ask brian belski, chief investment strategist.

. >>> despite the s&p 500 pacing for the worst week since march of 2020, our next guest is brian belski welcome back nice to see you. >> thank you so much for having us appreciate it. >> thinking about my first question to you in the prior commercial break the best i could come up with is nothing about the market justifies your s&p 500 target of 4800 nothing justifies the earning projections. nothing justifies the multiple near 20 times at 19.6. how do you justify it. >> great question. thanks for teeing it up. we've been wrong we lost our clients money this year, it is very difficult to have these conversations i will tell you this, scott, and answer the question. you take a look at the nine portfolios that we have the good sfor fortune of running we have trust of clients through long term process and discipline and we've been doing this for years. ten years at bmo and 33 years on wall street, you must persevere. how do you persevere through a process of discipline. now, that's your opinion of those three matters. we would say this on all of them you are basing your 4800 target on bein

yuri belsky. i tried to explain to the person that such a base does not exist there. well, they didn’t get there experts. they say that scammers took advantage of a new trend according to rostourism. this year, domestic routes are popular. the same altai kaliningrad st. petersburg far east caucasus boules are in demand for car travel active outdoor recreation has increased the demand for new experiences with an emphasis on local flavor and ethnicity. today, many tourists prefer to combine, without giving preference to any one format . tour operators, for example, on the website of the tax or the same rostourism. well, reviews are read, because reviews, in principle, are the whole truth, the whole life about this object. see how he responds adequately to the reviews of tourists the owner, that is, you will already see who you are going to, what kind of owner it is, it is even better to book hotels through online services. first, they are loyal to customers on the issue of refunds. secondly, they themselves check the ateliers after the site leaves russia. booking niche

citizen belsky betrayed his homeland, his family from the closest people, dads, we love each other.e your son near my daughter, you will not only have to look for another job, another city, damn it. of course not, tonight my father plots home for 2 days the anatomy of the heart of pregnancy. remember, there can't be a roller coaster for the premiere of a serial film. and what do you say, if i marry you a man first become so that you have something to respect. forest fires occur through the fault of a person to stop and defeat the fire calling of strong forest firefighters of the air force of the protection of rosleskhoz, 90 years old guarding the forests of russia, the coronazis , in these frames you see a cruise missile hitting a ukrainian military facility, but we are destroying only military infrastructure. they continue to destroy civilians and civilians, donetsk again today , about 42 shells were fired under attack, according to preliminary information, de-energized, 22 transformer substations are on fire fire station. we regularly get in touch with war correspondents who are n

sovcombank plans people are more important. movie one tv presents work at the end of time citizen belskyetrayed his homeland his family from the closest people, dads, we love each other. we want to get married and you have to accept it. do you want it or not? if once again i see your son near my daughter, you will not only have to look for another job in another city to live. no, of course, then you will come to my house tonight, my father is leaving on a business trip for 2 days, the anatomy of the heart. are you such a fool or is it all you pretend signs of pregnancy? there are ordinary people, and they have the right to a fair trial. i will take the case of zhuravlev and win it. damn you what are you doing? if you think so, then you have no place in the profession. there is an easier way to look like the stars of the ether are not just looking for, but looking for where to buy. lamp channel one world wide web do you know? who are the defenders of nature, they know for sure. how to feed the colum, you need a lot of ewka leaves to get enough, where to find a house. for the cockatoo, we

stuart: brian belsky is with us, he says brace yourself for an economic hurricane, you are a stock guy your stock market calculations? >> great to see you, thank you, yes and no, we respect and listen to mr. diamond, a wonderful ceo through several cycles with respect to his leadership first at bank one and jpmorgan but at the end of the day we are investors, look forward, a lot of economic data looking backward. a lot of the storm he's talking about is present right now. it is our view the storm with respect to inflation could fall off faster than everybody thinks. again we are talking companies in the united states that the last ten years have done a really great job under promising and over delivering and he has a much different tone than other ceos that that is okay, that is why you have to be a stock picker, i don't think it applies to all banks oral companies but clearly there are issues that will be lingering in the markets for a while, so market will look past some of this and the weakness and volatility that we see so far in 2,022 speaks to what mister diamond on what he said.

here he is on your screens in 52-year-old steven for belsky is florida died on may 15, having blown himselfat less near severodonetsk, while the american society has not yet had time to digest reports of the surrender of two other americans to russian captivity at the weekend young tricks they shine the highest measure. yes , this situation is already very threatened by execution. will hit the reputation and rating of the bikes in the kremlin , they said that the americans detained in ukraine mercenaries are not subject to the geneva convention in view of the fact that they are not members of the regular forces and, as a result, are not combatants. according to the press secretary, putin peskov, the americans were involved in illegal activities, and for this reason they must and will be punished for their crimes. moreover, peskov said, we are naturally humanists, but we do not give any guarantees that these people will not be shot. there is no death penalty for two captured fucking americans who fought for ukraine in an exclusive interview with nbc. news kremlin spokesman dmitry peskov says