the bombs goes right through a center and nobody thought these drugs yeah now bob let's call all these joint. need is the odd merely turn away. primary i don't know no i don't. know. i don't know. so what males have tended to do and still do is is we tend to we certainly have empathy and all of that but we also tend to nurture through aggression so we create things like like soccer and football and you know all of the various hundreds of games that involve aggression you know women are aggressive and can play those games no doubt very well but when you go back to why they were created those games were created for males to nurture other males to aggression to teach them how to pm capek's to aggression. americans love. this was a fundamental part of how our political leadership and our country at large understood the bargain you get a hope and then you know rebel right as the things you don't revolt if you have a stake in the system. to be really interesting to dial it back and think about the longer deeper history housings men in the united states not just that question of the american

bob. and let me know how much gonna go when i'm on the ship to show him wanting me to have him share with towards the end of the day. okay, sure. okay. let me see if i will allow was good. i list off the jury duty. it was i think the 60 and most of the night i'm looted to teach him the police gave it to a tragedy. give him some shipping and handling a low pack up a lot on your old micra has me do. one other thing with had this is what was this? it was and i wanted to ship with you on the whole over. do you see another car was another deal buddy the literacy plan. c okay, i have one way to she saw them to don't usually under 200 who had me on my lap. let me place these one of millions of theory and kids affected by the decade long war according to different estimates. it has taken the lives of about 55000 children of those who survived nearly 90 percent. they will need humanitarian assistance and too many to count have lost one of those parents. the youngest sir, in case i don't even remember allies before the crisis. almost 5000000 children have been born during the conflict and the war a

administration on small businesses and these companies could be well positioned >>> that makes sense bob, let's put a point on it what is your advice to investors here what should people do if they believe what you're saying that janet yellen is just saying the obvious? >> well, i think you're supposed to hide in the front end of the yield curve. so shortened duration. you're supposed to credit because credit spreads can still come in, particularly in the high yield space yeah, we'd like to all buy at a higher yield, but we can't there's a recovery that's accelerating and that's good for credit spreads and the emerging markets should eventually draft off of the recovery in the developed markets. so there's good value there in emerging market with currencies. >> even with all the rates going up, still some ways to invest around it. we'll leave it there bob michele, kerry, we appreciate it. shares of upwork are down today after stronger earnings. they connect to companies with job openings and thanks to the pandemic, freelance work has expanded dramatically with more than 50 million people freela

here to discuss how inflation is impacting the market and short-sellers, s3 partners founder bob sloan. lett your take on the print. twice as much as the highest forecast, the market seems to have been preparing for inflation for days if not months. every time we see a selloff, we see people saying tech is down on inflation concerns. yet today seemed to be a surprise. why? bob: what we have seen is something interesting, people are starting to edge out of their business models. we have seen a big pickup in shortselling in the nano micro small cap area. we have seen 68% of all the shorted names out there are in that area. whereas 93% of the total amount shorted is still in large cap names. you're seeing a lot of hedging going on in large cap space and you are seeing people change their business models as market conditions change to try to find alpha in places they have not finished before. -- fished before. amanda: interesting trend, what about the performance? the relative performance? in small cap you're talking less liquidity, less risk. bob: what we have found is that small cap short bet

. >> bob, thanks bob pisani let's get to rick. >> you know carl, it is so interesting to really dig downe get this straight two weeks ago we settled 10 year note yield at 162. today, we're dribbling down, as you see on the two week chart. we're down at 158. so we're down two basis points we've had just weeks and weeks of closing in the 6160s. and we're not going rate raise rate or taper without months of guidance all of that is creating this rally. i don't buy it i think the reopening trade has a little vinegar left in it. and i think that central banks aren't necessarily the friend of any market these days. but the fact that they are in the driveway warming up the car for us, even though they have no idea when they are gonna have to put it in drive and floor to it get out of easy money policy i know that we're talking about various bank -- goreman, for example, potentially seeing a taper at the end of this year. i'm with him let's look at a month to date of tens and bunds bunds have gotten more aggressive, you can see they are turning. as a matter of fact all sovereigns are turning and

bob costas let's continue the conversation as we get closer thank you for being with us. >> sure thanksed you to show me hour making your comeback from the pandemic. here is some of what you share. i loved the pictures and videos. rachel says i got to finally hug my 77-year-old critical care pulmonologist dad, my own personal hero. gem writes, arjun teen dance socials are back at the milford arts council. tango friends hug and dance for the first time after more than a year. alex says seeing friends seeing with margarita's era again. one of a viewer sharing hanging out in mexico. and clearly he is not alone. keep sending pictures or your videos. you can say something in the videos too. tell us what you are doing in the videos tp tag me@ana cabrera. use the hashtag which is important when we come back and round them up, the hashtag, the comeback and we'll feature you on this show next week. thank you for being with me today. i hope you smiled watching the ceremony like i did. the news continues next with alisyn and victor. >>> hello, everyone. welcome to newsroom i'm alisyn camerota. >>

. >> bob, thank you. >>> let's get to the massive story here colonial saying it hopes to be running by the end of the week it was dark side and said it's a ransom as a service business eamon eamon javers tracking this for us who is or aredark side >> reporter: we don't know they like to avoid targeting anybody speaking russian and might give you a sensz we don't know for sure we do know that we had a strange dade today where the group actually posted something on the dark web expressing some remorse for this attack and the amount of attention around the world. signifying that they have caused problems in society now. they say they're sorry for that and i talked to the cyber security ceo, he is in israel today and he gave me a sense that he thinks what's going on is there's a dispute inside this cyber attack group about what the right course of action was and what they should do now. >> we do not believe that their motivation is other than money we believe they they hack -- they were not aware of what they were hacking exactly and happened to be in the spotlight and everybody is involve

johnson and johnson back see more to come and you can jump the shark on me a little bit here dr bob but since you let into it private industry is already jumping on in the mass mandates we have some of the biggest places starbucks target trader joe's and wal-mart they're all basing their is on some type of honor system they had do you have a vaccine do you not have maxine i'll take your word for it how can that possibly work and do you think this new c.c. mandate causes more problems specifically for state and local governments. because it's huge for state governments especially in red states where there's no reason at all where a mask you know it's so interesting is you know a year ago february. they figured out how to basically cover the content case try see if you can contact to somebody with code if you were one of these mobile cabins and i slipped they went down that you know 0 number case the other the chinese have done over the last year is that they have had actually passports and their passports as your vaccination status is the number animal as you have it has test results if you want room

let's get to bob pisani with a special guest this morning hey, bob. >> the nyse has been open since may even more today, let's talk to stacey cunningham, the president of the new york stock exchange, she joins me here, it's been a long time. >> it has been, bob. great to see you welcome back we couldn't be more excited to have you back in the building. >> i am too. >> and why now what is changing today what made you say may 10th, we're starting to call people back more. >> we've been doing the same thing that we've been doing the last year, monitoring what is happening locally and putting protections in place based on the local conditions, so we have back, since last may, when we reopened, we reopened with a various number of layers of protection and now that the local conditions are what they are, and they're much, much better and the prevalence rate locally is much lower, we can remove some of those layers alongside the fact that so many people are getting vaccinated, so the vaccinates are leading us to where we are today and keep monitoring conditions as we go forward. that is not go

meteorologist kari hall has more and let's go to bob redell live in freement. >> what do investigators now about how this all started? what is it intensional? well they do believe. that's something they are still investigating. there's the fire that burned in the mission peak preserve and there's a few reasons why they say it was suspicious. it was off the regular trail and way up there. it wasn't near any power lines when there was no weather, no lightning. a hiker called it in around 4:30 this, mo. firefi to keep it to just two acres and part of their aggressive response. their aggressive response due to the drought and what we've seen over the past few fire seasons, 11 years from cal fire and regional parks on this fire. on a red flag day the chief says they would have double that had response. this morning's weather was in their favor. had it been hotter or windier this fire could have gone to ten acres or more and threatened homes about a mile half down the hill. >> we're fortunate it was a foege morning, a moist, mo. the fuels weren't receptive to burning at this point but later

bob pisani thanks. >>> let's get to rick santelli >> good morning, carl. 's interesting, listening to bob, because fed speak is, fed speak giving us any new information the last 24 hours? 36 hours the last week? in the minutes i personally don't think so. lower for longer, we're not going to taper, we promise, unless we give you advanced warning, maybe an individual telegram to every trader's house. nothing has changed. but rates are going down it doesn't mean it's connected to fed speak no policy changes have occurred. in my opinion. you need to know the reasons why markets move you really want to prosper from the move look at what's going on. look at new homes sales. they weren't very good why? because there isn't a good housing market no because the price of inputs like lumber is too high construction workers are an issue. and the fact is, there is no inventory. car, boy, you go by parking lots of any of the cottage industries, the ought autos, the parking lots are empty my friends show pictures of the parking lots we have a chip problem nothing is negat

and johnson back see more to come and you can jump the shark on me a little bit here dr bob but so since you let into it private industry is already jumping on in the mass mandates we have some of the biggest places starbucks target trader joe's and wal-mart they're all basing their is on some type of honor system they had do you have a vaccine do you not have a vaccine now take your word for it how can that possibly work and do you think this new c c mandate causes more problems specifically for state and local governments. i view because it's huge ground so especially in red states where there's you know reason or were masked you know it's so interesting is you know a year ago february you know they figured out how to cover the contact case tracy if you can contact to somebody with co if you were one of these mobile cabins and i slipped they went down that you know 0 number of cases the other than the chinese have done over the last year is that they have had actually passports and their passports as you vaccination status as the number animal as you have those test results if you want to part

morning star's majority -- >> bob, i think we're going to get your mic on. guys, let'sontinue this theme while bob gets ready this is prime for the arc investment thesis. high growth, high returns in the longer run, and we've certainly seen an easing of that trade, at least this year, even though it was so hot last year and it's so interesting to note, though, over the last few weeks or so, cathie wood and arc have been doubling down on some of their trades and introducing new ones that fit into the thematic tech. bob is going to tell us if you look at history and we'll come back to you, bob, if you look at history, this may not necessarily pay off, right we'll let you continue here. >> yeah. the important thing, everybody loves thematic investing thematic tech investing did very, very well. remember, e-sports, robotics, cloud computing, all exploding in popularity. morning star is warning the majority of these funds do not outperform the markets, have high fees, high failure rates and run the risk of too much concentration. thematic tech investing did well during 2020.

and johnson back see more to come and you can jump the shark on me a little bit here dr bob but so since you let into it private industry is already jumping on the mass mandates we have some of the biggest places starbucks target trader joe's and wal-mart they're all basing their is on some type of honor system they had do you have a vaccine do you not have a vaccine i'll take your word for it how can that possibly work and do you think this new c c mandate causes more problems specifically for state and local governments. i mean because it's huge for state governments especially in red states where you know reason or wear a mask you know what's so interesting is you know a year ago february you know they figured out how to cover the content case tracy if you can contact to somebody with cohen you would have one of these mobile cabins and i slipped they went down that you know 0 number case the other the chinese have done over the last year is that they have had vaccine passports and their passports as you vaccination status as the number animal as you have it has test results if you want to par

bob to do. it the top 10 let loose. ends it was the other. let me tell you. why i called it why do. you think this was actually. the only thing this. club that i must say you. must. believe this is post all the shit out of your little political views i suppose sabio this you put somebody can idea you have given you i guess a new york. ability that the committee jane did. someone to mock to get a job which requires low. moral young kid a father or not but in mine yeah it could. go well so you guys don't need to be imo or not assume it's the dispose them in deep. walk at night. so our. side. of the heart i think. that's sad. ok. well. what did. that. route. was. after almost 4 years of prison and torture without trial. was freed but he cannot leave egypt and has been placed under close surveillance. photos inquiry led to the trial of the cia agents who abducted him and a number of italian secret service agents who assisted them. pulsar gave evidence at the trial the american agents were convicted in absentia for the abduction of. the italian agents were not convicted in fact the const

host: let's hear from bob in michigan, independent line. caller: yes. we have a lot of conversations about fairness. let's take a look at some of the fairness. pull up the u.s. debt,, let's look at the facts. 330 million people, 125 million pay federal income tax. that is 60% that pay nothing or actually receive stipends through child tax credits and whatnot. then, if you look at the remaining 40%, go to the irs website, and you will see that the top 50% of those who actually do pay the income tax pay 97 point 5% of all federal income tax collected. so the person who says it is not fair, i'm sitting on the right side of my screen here, i just proved to you 80% of the people in this country pay zero federal income tax or actually receive great stipends. now, if you want to talk about fairness, everybody should pay the same amount. not a flat tax like 10% or 15. it should never be a percentage of income. it should be a flat fee, like 2000 per person. we are paying for government services. if i pay more for government services, that is inequality. that is n

let me bring bob nardelli in.ans they were trying to call everything infrastructure including care for the elderly, the gop senators are trying to come up with plans that look at infrastructure only and they started with $568 billion plan, now joe manchin and mitt romney are working together to come up with something around a trillion dollars. but again, focused just on hard infrastructure. bob: yeah, you know, maria, call me old fashioned but when we talk about an infrastructure plan, it certainly in my mind is a lot of the topics you said. what i would propose as a big part of this infrastructure plan, as you know i've been a big advocate for energy independence. so why don't we spend a lot of money to take the gas that's being extracted from fracking, be able to capture that gas and then provide that gas to germany. wouldn't you rather have germany dependent upon us than russia for gas? there is technology available today, i know it, i've invested in it, that allows you to take an lng tanker, take it to the ger

read like say she made sure and luxury never seem to age but let's see what else the area has to offer one of the top addresses and bottom bob in the casino if you want to get in you're going to dress up and that's exactly what i'm about to do right now in the meantime you can take a look at our weekly the euro video see it as has been to the beach and watch hockey in mexico well enjoy the clip i got to dress up. i'm all decked out for the casino to view it in the morning you don't have to observe the dress code but to gamble you have to be at least 21 years old sure i did and wear a dress shirt and sport jacket. the casino is housed in the classical style spa palace it's really posh it's almost 200 years old numbers among europe's best known casinos and that's one of the richest traditions. inside as well the casino is a feast for the ice fabulous architecture. the splendid halls modeled on ancient roman buildings. but enough sightseeing i want to gamble serious poker and blackjack slot machines and will let the games begin at 2 pm no cameras allowed so high for rage to private chat with croupy a. since i never gambled in a

mars wait that mars and i we had it with with mine and we had a leader right there is bob benson one thank you so let. thank you. and do it for us right now make sure you keep up with everything in question at all times by downloading the portable t.v. abseil watches whatever you want to rahm emanuel a chance thank you for watching russell sent. everyone i'm joined by my old friend mr ellis williams and can a mist of beings you call me and you tell me you said man i've got car shield and it worked what made you get it out of this whole issue and i know the men especially want to use both right now i don't want to do stuff with expensive car right so i gave cause to local cover of a very affordable and there was no long term contract who was up to that transmission with all month call to through my mechanic they call causal and say my from the 21 to the car shield is america's number one auto protection company their administrators have paid out over a $1000000000.00 in claims to cover most vehicles from 500-215-0000 miles you'll receive 247 roadside assistance courtesy towing rental reimbursement had

let's bring in michael huntstead with northern trust asset management bob kind of laid out for us thematically let's go through the themes. it is growth versus value. cyclical versus defensive. what stands out? is the value trade going to have legs going forward >> yeah. absolutely we expect value will continue to out perform really for several reasons. one we are squarely in the expansion phase of the business cycle. this is prime time for the value factors so now is not different from history from an interest rate perspective, 2021 the long rates rising faster than the short rate this bull steepener is good for the value factor and inflation should that come about could accelerate this and last but not least from a valuation multiple perspective value stocks still very, very cheap relative to their own history so all looks good for value in general but you have to be careful about those lower quality value traps. you want to focus on stocks good financials, paid for the risk you take. >> can you give us an idea contextually what you mean when you say low quality versus high quality? the type

that baffert's legal team says they are going to race to a judge to get the judge to say let the hurst run. bob baffert is not coming to the preakness this weekend because he thinks he might end up being too much of a distraction. >> o'donnell: david begnaud, thank you. and we want to go overseas now because tensions between palestinians and israeli forces are suddenly boiling over. a battle outside one of islam's holiest sites in jerusalem has now escalated with rocket attacks. we have more now from cbs' elizabeth palmer. >> reporter: in the late afternoon a barrage of hamas rockets streaked out of gaza toward jerusalem. they appeared to do minimal damage. but israel responded immediately with air strikes which the palestinians say injured and killed civilians including nine children. serious violence broke out on friday around jerusalem's al aqsa mosque. palestinians furious with israeli curbs on gathering during ramadan hurled rocks at police who fired stun grenades. some landing inside the mosque itself. by this morning the protestors had barricaded themselves inside al aqsa while running s

now, let's kick things off with bob pisani for more of the names movie today. it interest rates will have to rise

let's go to bob pisani for more. hi. >> hello we are up but off the highs. buying yields moved down and bank stocks as well. but we are still doing really well and the reopening stocks matter so seeing steel stocks like nucor at new highs. restaurant companies and food delivery like domino's pizza, the companies package delivery companies like u.p.s. doing well and carmax new highs one group that's not reported yet, 60% earnings season, are retailers on an additional month and are to get the april ending quarters and many are hitting new highs and also really been moving up on the reopening story so new highs in gap, ross stores, ralph lauren, ptapestry however everyone is still buying stuff for their homes and not right to the stay-at-home trade suspect work as much anymore big companies across the stay-at-home trade do well the paint companies, sherwin williams new high every single day. mohawk in the carpet business and the broader retailers for the home, the target and home depots and lowe's regularly hitting 52-week highs. anything to complain about apr

the nasdaq down 2% today and in danger of turning negative for the year let's go to bob pisani at the new york stock exchange for more on today's selloff bob? >> we are seeing stocks react negatively to mozestly higher inflation figures. not clear it's bad for stocks at this level in the long run but nobody's asking any questions today. the average stock down 1.5% today. volume is heavier. sectors with run-ups are lower retail with a great reopen this year tech stocks also notably weaker. they tend to get hurt when rates go up. growth stocks. bank stocks doing better you see energy, oil sitting near a new high a few beneficiaries today. look at the big mega cap tech name just the general theory is growth stocks tend to get hurt more than value stocks that's the sort of knee jerk reaction and how the market is reacting again not clear this is a long term situation if you look at some of the big reopening sectors and interest rate sensitive growns, for example, higher rates potentially affecting the home builders these stocks had tremendous moves this year and partly on the reopening st

reporting live here in pleasanton, bob redell, bay area news. >> thanks for that. let's talk about what's going on on the national landscape. scott mcgrew will continue our coverage. some have shed the masks and others are still wearing them. >> reporter: different places o. in the white house the masks have come off and in the house, speaker nancy pelosi requiring them. the first lady does not have a mask, others do and that's because the secret service, for instance, still requires its agents to wear masks so you'll see a lot of this. it will take some different localities, different organizations, different amounts of time to change their rules, and the president reminds us some people are going to choose to wear masks for a long time. >> you know, some may say just feel more comfortable and will continue to wear a mask. they may feel that way so if you're someone with a mask, you see them, please treat them with kindness and respect. we've had too much conflict, too much bitterness, too much anger, too much politicization of this issue of wearing masks. let's put it

all sec tors green except for energy let's get to bob pisani. hey, bob. >> good morning, carl. was hot but not much of a reaction it's growth that is leading. and most of the concern obviously was yesterday, and a lot of that move up today a little hotter and obviously im bedded in stock prices take a look at the sectors the tech is leading. and tech and consumer discretionary up, and you can see, banks doing okay, too, industrials not far behind and energy a good day yesterday, with oil right near a new high, lagging a little bit today so that's not a big surprise and mega cap tech doing well, but remember, mega cap tech was never really the big problem most of it down around 10 purse from the 52-week highs the fundamental guys really stuck with mega cap tech because the valuations were quite reasonable it was schematic tech, speculative tech that had a hard time that's bouncing back as well today. we like to look at ark innovation, up 1%. clean energy, 3d printing, cloud computing. this is schematic technology, that had such a tremendous run, last year, that's run into tremen

let's be honest about it. bob willis became a gloriously waspish pundit.he perfected that persona. he came across very grumpy and opinionated. this series has been disgraceful. but in real life, he just wasn't like that. he was a very loving, gentle, listened to people, didn't talk about himself or show off about his cricket exploits or anything like that. he was a really special person and lots of people loved him. 0n the honours board at lord's, bob willis sits proudly alongside the great names of cricket. it is a source of pride for lauren — but not comfort. i am completely on my own. i have lots of lovely friends. it isn't the same. i have no—one to do nothing with. that is a famous phrase that really resonates with me. we don'tjust hang around, lying on the sofa together, watching netflix in silence. i come home to an empty flat. i don't really know how, i have no idea what my life is going to be in the future. it's really, really difficult. lauren has decided to honour bob's name by setting up the bob willis fund. it launches today. it will raise mon

let's bring in bob pisani now. >> we are up as you mentioned but well off the highs the problem is there's selling pressure against in the thematic tech space that we love to cover. look at the sectors. we started off with technology well in the lead tech still up but off the highs. energy is lagging today but a good day yesterday oil near a new high. mega cap tech up but off the new high semis were high right at the open and have essentially been sliding throughout most of the day. want to keep an eye on the thematic tech. cathie wood's ark funds. that's the thematic technology a darling last year. a tough time this year and you see these up today after a big down move yesterday and now turned negative. watch particularly cloud computing stocks and talking about them for last two weeks and most 50% off the 52-week highs they hit back in february as interest rates started to move up. started up about 1.5%, 2%. they have by the middle of the day moved to the downside. still not a clear bottom we have been debating when there will be. these tech stocks down 15% to 25%. we have fundamental pe

sometimes i forget they spun it off let go to bob in indiana, bob? hi, bob. >> caller: hey, i got a question for you, okay? >> sure man, what's up >> caller: zinga, my wife is always on the bphone. i don't know much about technology i owned a butcher shop and got a little money to try to figure out what to do she said buy zi inga. >> it's the right time time to pick it up, it's absolutely true. i think that that is a descent situation. and it's been a long time. david favor jokes with me, what time is it time to buy zinga yet? let's go to nick in pennsylvania, nick >> caller: jimmy chill. >> the chill man is in the house, what's up. >> caller: this is nick from p.a. you're a legend in the game, man. my question is about a company using psychodelics for mental health treatment i've been reading fascinating research and kevin o'leary is a supporter, mmnd. what are your thoughts as a long term investment. >> i know this and i'm not sure about it maybe because i'm the chief spokes person for the american migraine foundation but i'm a little more -- i don

bob. stuart: let me bring in ashley and susan on this because my head is exploding, all, down, ashley youwo he lost the plot, he's hitting the self-destruct button, a privilege entitled young man that suddenly takes on the first amendment freedom of speech, george the third tried that way back when and i think it worked out for him, he can't tell people what are the key elements of the constitution, how dare he, he leaves the uk because he wants to safeguard his privacy and his only son has come to america and run down his family and now he's publicly on oprah and podcast and he wants to run down the constitution as nigel said over the weekend pretty soon he's not going to want you out of the atlantic. stuart: well said, what do you think susan. >> pretty soon i think it's 30 here it's like being invited to a dinner party and then complaining about the food the first amendment is one of the best thing about america and if there wasn't a first amendment if there was a first amendment in the uk you would have meghan markle being able to complain but piers morgan getting on fire to apologize

just recorded another 400000 infections experts say the actual numbers are much higher let's get more on this from bob in new delhi our correspondent and despite the vaccine rollout the numbers are not looking good are they not at all if you see the 400000 mark in fresh cases was braced for the 3rd straight day in a row and friday was also the deadliest day of during the pandemic for india and nearly 4200 people succumbed to the virus on friday alone and as we've been reporting the numbers are considered to be highly. conservative and under reported as the call for a national lockdown frost's states are imposing their own lockdowns individually and we've seen a number of them do it this week this morning we saw some a lot of this in the southern state which is one of the hard hardest hit states in the country impose a 2 week lockdown starting may 10th when only essential activities are going to be allowed over the last 24 hours we saw similar strict lock downs in karnataka and go on being announced and of course seems to be much anxiety about the figures whether they are recorded in the urban areas or

let's go to bob in new jersey, bob?er: boo-yah, cramer. >> boo-yah. >> caller: you're the best i just want you to know you're a great teacher and i learned so much from you. >> thank you thank you very much. chill says thank you what's up? >> caller: i want your opinion on luminar. >> autonomous vehicles, i've had it up to here with autonomous vehicles they're all very fun to look at and fun to taste but if you break them or whatever, what is that thing when you go to a store, that's how i feel about them they're broken i don't recommend. that, ladies and gentlemen is the conclusion of the lightening round. >> announcer: the lightening round is sponsored by t.d. amer ameritrade coming up, do you have what it takes to trust your instincts? it's a friday gut check with cramer, next it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my

let's check in with bob pisani at the new york stock exchange for what's moving today. >> hello, tyler. it's a mixed market. health care, some other things like consumer staples doing well but the selling pressure in technology is an issue take a look at the mega-cap tech names here everything down 1% to 2% as a group this is 10%, 13 % frm the 52-week highs but held up better this is the clean energy funds cathie woods' ark funds. remember as a group here we are talking about down 30%, 35%, even 45% from the 52-week highs most hit in february show you the speculative tech names. cathie wood holds in the ark fund here. you can see down more than the rest of the market today tesla. we are talking off 40%, 45% off the 52-week highs and when does the momentum traders have abandoned this come back in to play this again? it's not there right now fundamental guys were not interested in this stock another thing to keep an eye on is reopening trade in general. remember february and march? the airlines up 30% in about a month. it is not works very well today. united is up boosting capacity in ju

glad you could join us on this lovely monday in may let's check in with bob pisani at the new york stock exchange >> hello at the highs of the day. throw in technology and reopening you have a good day overall. take a look at the semiconductor stocks they had huge moves up last year sideways in the year but nice moves up today 5% is a lot for these big cap technology names same with mega cap tech. they have been under performing in may as the reopening trade still has been predominant good day today from facebook, microsoft, apple when you get these names up 2%, almost 20% of the s&p the s&p will be up almost regardless for the most popular tech etfs, just brutal februaries and marches as interest rates moved up and stable recently there's the big names why this is a broad advance in the general technology space reopening also doing well today and why the consumer discretionary group is up so much the travel stocks, the royal caribbeans, marriott international, hilton all doing better they had the big moves back in february and also been more stable recently. what does it all mean? 2% fr

now, let's kick things off with bob pisani for more of the names movie today. secretary yellen thinks it interest rates will have to rise >> jon mentioned some subsector of the technology. the semiconductors have really had a tough time of it but in particular, since we had earnings season, so most of these are down now, you see these drops today, another group more off of their highs, the darling of last year, one of the big winners last year, so cloud computing stocks here, i would say they're 20%, 25% off their highs generally. again, they also hit their highs in mid january, but they too have been weaker in the last couple weeks now to clean energy, this group is even more off the highs a big, big darling last year, any kind of clean energy, any solar, anything in that particular space, wind, anything like that. sunrun, fuel spell these stocks are down even more. many of thom in this group are down 40, 50, even 60%. mid ebruary, that's when a lot of the shall we call them speculative names stopped going up let mess just show you tech, there's a short term p

bob pisani. we'll see you later. let's get to rick santelli as well who brought the cpi number at 8:30, hey, rick >> it's been a while i'm jealous bob is on the floor. i'll be back on my trading floor soon, god willing and if you look at some of the data this morning, we have to go over again, it was so hot, as you look at the headline number, up 0.8. it goes back to june of 2008 since we had a higher month over month headline cpi this is the all-important food and energy this series goes back to 1957. up 0.9 we haven't seen a number like that, well, going back to 1981 yes, 1981. and finally, the year over year headline that really captured my imagination, up 4.2%, rebusted right through the floor handle, haven't seen a number that big on a year over year headline since september of 2008. so these really are big numbers. >> in terms of whether they're transient or not, nobody can answer that question but it seems a bit counter-intuitive that the period of transience is going to be very short, doubtful it will be a month or

let's go to dr. bob lahida. and clinical professor. the guy -- he's the guy i cheated on.of him. whatever he wrote, i wrote down. doctor, good to see you again. what do you make of this debate over how this all started, doctor? how important is it to you to get to the bottom of that? >> i'm thinking the virology institute was the source of this infection. because of the intelligence that we received and the fact that there are wet markets all over southern china and various cities. you don't see this virus coming from any of those wet markets. they're just like the one that is in wuhan. so i believe with what we now know that a couple of technicians seem to have gotten sick very early on a in january or even before in december of 2019, that the wuhan institute of virology is likely the source. because this gain of function research, which you just -- which one of your correspondents just discussed is serious stuff. if they have in fact been divvying up this virus to make it more infective and deadly, that is of concern to everybody in the scientific community. >> neil: do

encouragement guys, back to you. >> all right bob, thanks for that, bob pisani. >> a fairly light week for data this week but a lot of fed speak. let'sak is going to be important. you heard bob. many believe that the notion of a taper is just going to be announced and the market will say we're cool with that i personally don't think that is the way it's going to happen and i think that we're always going to have some form of a taper tantrum. once the word is out of when, the actual when the taper begins, there's going to be a move and i think that no amount of preparation or guidance is going to alter that fact how do the treasuries look today? look at an intra-day we were testing at 1.60 level. getting close. it moved away from it just a bit. and if you open the chart up, basically the 1.60 level is below last monday and it continues to be what many traders and technicians would call the pivot if we keep suddenly doing most of the work on the north side of 1.60, rates will be a bit firmer, and they may slip a bit if we start to close under that level. you know, but the best hedge is for a stock market that gets a little dicey to the

bob redell is live at the home of the shooter, first let's go to kris sanchez. were present for that news conference. what did you learn there? >> you know, the speakers here at vta headquarters said today is really about honoring the victims, their families and the vta family as they try to figure out what is happening and why it happened and how to move forward. we saw a lot of employees arriving together, trying to offer each other a bit of comfort. all the while the smiling faces of their colleagues were hanging next to that podium. vta workers described each of them, how they're struggling, also to find the best way to support their families. >> i saw the immense pain in the faces of the families. i heard their cries when they got the news. it was utterly heart wrenching. i felt immensely helpless. >> so, yes, we do become a family. when you work in a small group and our staff responds to emergencies, you know, on the rail, what have you. there is a bond that occurs. you really do become a family. >> i saw my family, when they hugged me, they were happy i w

bob doubtfully that we. want you to. tell him that i let you go just that you got rid of the wife of such a 1000000 a lot of us are pressure cookers the system of. the video confirms the employee's testimony. is for the man is released. it's for a bus ticket to syria. there's no apology or compensation. drops with your promoter there for. just a bottle of water to rinse out he's bloody mouth. us with a robe is this still it launch. in this neighborhood on the sea we're given the rare opportunity to meet some other new unarmed drug is. hunted will balto was once a small fishing village but with more people migrating from the countryside to the city in recent years it's grown to around $15000.00 inhabitants crime and violence and soon just it's a lawless zone the police haven't been able to patrol since 2015. this is jack spice he's won a popular guinea's most important crime boss it was after several weeks of repeated contact he's finally agreed to meet his. is just a job lunesta sighing colon vehicle to execute. ok he will tell it a while.

bob pisani. >> during the heyday - >> i was not a lender. >> let's get to bob pisani, we have an appear that is bob. interesting week >> yes, in fact, it has been a very important week, volatile but important. so we got a nice start to the day, three to one, advancing to declining stocks, and the story for the week, on the macro front, on the investing front, grows back, boy, semis have had a great week, with good news from applied materials, semiconductor business up, ficely this week -- nicely this week, tech is up nicely and cyclicals/value, it is down to the energy, banks, down for the week and you see up a little bit here this is an important week. why is that? because the fed indicated this he had people out who want to start talking about the tapering at least talking and that's good enough for the market just that they're having the discussion, and some people are talking about it, talking about talking about, that's good enough and look what happened to the stock bharkt this week we're flat on the s&p. the 10-year yield is flat, 1.61, and the vix has gone from 19 to 20, 5%, not statist

another 4000 sorry 400000 infections experts say the true numbers are much higher let's get more on this from our correspondent bob in new delhi above me of course despite the vaccine rollout the numbers really aren't looking very good. no not at all it was a record setting day for india once again crossed the 400000 lost in fresh cases for the straight day friday was also the deadliest day in the pandemic for india nearly 4200 people lost their lives to the virus so with this as you said and as a such country to cross the 4000 death toll in one single day also the u.s. and brazil is amid calls for a national loss downstairs have been imposing their own season lockdowns to arrest the spread the latest being the southern states also some a lot of this morning the chief minister announced a 2 week lockdown saucing may 10th when only essential services when be allowed time allowed to is one of the hardest hit states and over the last 24 hours we have seen 2 other states that iscar not announce a similar strict lockdown starting weekend says much about whether rural think it is all being reported in the same way as th

the company's conference call just ended let's get a first on cnbc, interview with disney ceo bob chapekelissa, thanks so much and bob chapek thanks so much for joining us today i'm gonna jump right in because i know we're tight on time on the heels of your earnings the stock is dropping about concerns about disney plus, subscribers not growing as fast as anticipated what are the trends at the end of the quarter and current quarter and how's it impact your outlook for disney plus? >> well our outlook continues to be 230 to 260 million households by the end of '24. consistent with the guidance we gave last december we added 30 million new households to disney plus just in the first six months of the year so we're extremely bullish, in fact, this quarter's numbers were exactly as we projected internally so no disappointment here. if you want to look at the actual rate of net adds, we've added more in the last month than in the prior two months, in terms of households. so we see our net increases increasing we hit the number we project and we're looking towards a nice, long run here all the

let's go first to bob hathaway. who the former director of the asia program at the wilson center? and also we'll call them dr. robert hathway because he's got his phd with samuel wells as a supervisor so over to you bob. thanks, rob, and you can turn the tables you had it you had a dissertation defense now, you can ask sam a question. okay, i think his questions were harder than mine, but sam congratulations those of us who have been fortunate enough to know you for a while or immensely pleased to see the publication of this book because we know new and no just how terribly important it's going to be for our understanding of this period of history. i want to ask you another question about title fearing the worst. you have suggested that. a lot of serious people knowledgeable people really did think that world war iii was imminent. fortunately, they were wrong. why were they wrong? was it because they had erroneous assumptions about the other side or was it because key decisions in a variety of capitals? not simply just in one capital a key decisions were made so that world war iii

let me bring in bob doll, former chief equity strategist at new bean. bob, he's out there alone.e from now patrick harker really saying anything, but what is your best guest about when we start to see taper talk? >> i think the markets will force them to have that talk if they don't voluntarily go there, liz. as you know, the fed for months now has been sort of banking for some inflation, and i think we're going to wake up and realize the era of 0-2% inflation is in the rearview mirror. so they have to start talking about it otherwise the markets won't like it. thankfully, they did earlier this week, as you pointed out. liz: yeah. >> sorry. liz: and you anticipate if they do, the minute they say that or try and hint about it, the market will spasm and freak out and have the tantrum that we saw the last time this happened? >> i think they're going to have to thread the needle to not have some of that happen along the way. look, they leaked -- not leaked, they talked about it in their commentary this week, and markets really didn't sell off. now, having said that, i would just look

let's begin by talking about the harvest ins and bob, when it's looking very impressive, but is it sustainable? no, thanks a lot. i think that's a very good question. it is, and it isn't. it's sustainable in the sense that if you look at how we got this, how's this year? it was really as a result of a combination of things coming together to, to create the conditions possible for, for such as this. i think 1st of all the climate conditions where near perfect if you look at the rain for map across and they realize that a big chunk of because actually got above average rain for this year. and the rain was nicely spread across the growing season for the crops. secondly, i think government actually did a good job in ensuring that farmers got most of the inputs on time such as the seed and fertilize. and as a result, if you combine, you know, proper axis 3 inputs, good agricultural, gra, climatic conditions. i think you can always have a descent, harvest even in difficult years. but why i'm saying that it might not be sustainable is there is no guarantee that this coming rainy season is going to be

that's why i raise the issues dano's not going to let the actions of a lawless criminal bob who came to the capitol and tried to stop the certification process tried to stop the debates that we were in the middle of i certainly wasou not going to loud their actions to interfere with my obligation of my constituents enjoying what i said i was going to do. thoseho who committed acts of violence, those who commit acts of crime on that day january 6 they deserve to go to prison. i don't care at their justification is. it was wrong, it was a violent it was lawless as criminal don't care for doing it because you're on the right or you're on the left, and i condemn those folks who came to the capitol and committed criminal violence there just like i have the rioters across different cities in the country all the past year. just like i did the deranged individual who killed ahe police officer just a few weeks ago at the capitol and service to his violence ideology in that case nation it is. so regardless of what your ideology is, if you commit acts of violence if you break the law you've got

. >> let's bring in "today in the bay's" bob redell live there at the scene with the latest. bob?ng to you. the church is standing but buildings attached to it that burned. the two-story structure burned thursday morning and to the right the single story structure burned this morning, just after midnight. this is video shortly after that fire was going, you could see a firefighter bringing a cross out, it's not clear if anybody was inside the church at the time when this fire started. we have no indication, but a question was anybody inside the time the contra costa county fire department is still trying to determine the cause. this is video from thursday morning, a much larger, more involved fire that destroyed that two-story building. the fire department did determine that a person had crawled underneath the building into the crawl space to sleep, perhaps a homeless person, they blame them for causing the fire. not clear whether or not it was intentional or accidental. the pastor of christ community church in concord told us homeless people tried to break into the two-story buil