worst month for stocks this year helping the bulls, new comments from atlanta fed president, raphael bostic we'll tell you why he says inflation may already be very close. >>> and speaking of the fed, investors are bracing for another key piece of economic data what is known as the central bank's preferred gauge of inflation. we have the milken chief economist, bill lee here with a preview. >>> plus, a record-breaking quarter from european banking giant ubs and exclusive comments from its ceo and later in the show, approving doubters wrong as salesforce blows past estimates it's thursday, august the 31st, 2023 you're watching worldwide exchange right here on cnbc. >>> good morning welcome to worldwide exchange. i'm frank collins. let's get you ready to start this day as always, we kick off the hour to check on u.s. futures on this final day of august trading with sessions riding a four-day winning streak look at the dow futures looking like they'll open up about 130 points higher futures are fighting for gains we clearly were not talking about the dow. the s&p and nasdaq fractionally higher

raphael bostic of the atlanta fed and michelle bowman speaking. rafael bostic has been more dovish, michelle bowman has been more hawkish. i would love to have them out. today, a quite earnings week. only 33 companies reporting of the s&p. today's reports include tyson around 7:00 a.m.. you have pliant tier technologies, paramount and beyond meat. up 180 3% year today. tyson foods down 9.3%. beyond meat up 28%. this is a market of stocks. you try to come up with headline ideas, but this is a market of divergent stories that have different fates. tom: beyond meat, is it the old ai? remember when beyond meat was everything? we have gone from 2.20 to 1.15 on beyond meat. jonathan: beyond vegans, is there a chance of that? lisa: [laughter] tom: when beyond meat was the rage, i was like, are you kidding me? have you eaten it? lisa: i have not. tom: gross. jonathan: very salty. there is a lot of sodium and that stuff. i have had some. lisa: we can move on to talk about that later. i want to mention, 3:00 p.m., consumer credit for june. we have seen this

bostic said today, appropriately restrictive. so, the question is whether appropriate is the same as restrictive. it doesn't sound like bostic wants to go. i don't think goolsbee wants to go. there is a doedovish contingent wing that wants to go. there is more data on the way. this sets us up in a big way for the jobs report tomorrow where we want to see the unemployment rate be steady or maybe go up a little bit. with this big test being, if this powell idea, as far as i know he's one of the first people to mention it, that you can bring down these job openings and not increase the unemployment rate or maybe it goes up a couple ticks from here. does it hit below 200,000, which is a more much more sustainable rate and our wages are well behaved? that's the expectation. if that keeps going, the fed has no reason to panic and hike again, in my opinion. >> you have on the other side waller and bowman who gets votes, lori logan gets votes. they see the work as being unfinished and don't seem worried about lags as long as the inflatio

one is young about 55th, hard fight with not stopped a lot is bostic 20 predicts domestic workers. she wants to be the last one who suffered and john read off a more from jakarta, is deputy director of i miss the international indonesia video debina. mr. debina, we've just seen the case of c d quoting mine, the daughter she's suffered at the hands of her employer. um, can you give us a sense of how big this problem is in the country? yes, of course. the case that you reference the case of city policy might use of major tragedy. um she was for should uh she was abused um to was very poorly treated by the employer. and the worst thing about it is actually, this is not the 1st case that had happened against the domestic workers in indonesia. and it is very saddening to see that even off the previous case is the similar treatment heather could against domestic workers in the country . um, no mistake comprehensive protections or domestic workers have been that's the place . it has been years and years and years of fighting off of bulk c. but as people so sorry for the notions, but unfor

it is an open question but the answer seems to be probably and you have rafael pop -- raphael bosticaying let's wait and see what the lack of effect of the previous increases will be but we are seeing inflation will in the right direction even without that. even someone who told us last week that she thought he probably would need another rate hike said if we see progress, we probably don't and that is they will skip september and wait until november and by that time, we will have more inflation reports and they may have a better idea whether they have done enough but we are also talking about if they go another funny five basis points, not a big deal. >> how much will you really feel about 25 basis points. in the name of that game and getting data, looking at the stuff we had last week, jobs cuts report, that one spiked and jobless claims falling to him one -- a one-month low. what do you think we have gotten so far this has about tomorrow's data. michael: it is hard to say other than slowing in the pace of job creation was the that is what the fed raised interest rates to cool off

raphael bostic is a non-voter and urged more caution but said there has been significant progress onnflation. he wants the fed to be cautious, patient and resolute. he is not a voter but said he would grudgingly have supported the last rate hike. perhaps that gives you a glimpse into how he is inking when september rolls around. lizzy: donald trump was indicted in washington on federal charges over his efforts to overturn the 2020 presidential election. this is the third medically explosive criminal prosecution of the former president. if trump stands accused of conspiracy today for the u.s., to obstruct an official proceeding, and against the right to vote and have that vote counted. each of those charges can carry penalties of as many as 20 years in prison. the former president has repeatedly denied wrongdoing. that is the politics. i want to look ahead to what else is coming up today. at 12:00 p.m. london time we get for our earnings. there will be a test of the credibility of a ferrari solidification strategy. at 1:30 p.m. it is the quarterly refunding announcement. dealers expec

bostic seems to be more leaning towards the sign of this. not going to make up his mind until september. basically. >> thank you, kathleen. let's bring in our guest for more perspective, the market strategist at golden sex singapore. we know that markets don't like uncertainty or fear and we are getting just that. all asset classes are getting sold off. how much fear is there and how should we be concerned about what is transpiring? >> given there was so much lack of fear over the last couple months, this is just a trickle that we are feeling right now. given that the timing of this move is unclear, it is not given enough backing, i think that this knee-jerk reaction could probably have difficulty carrying on into the rest of the session if the momentum on inflation and the economy continues as we have seen. if the earnings season does not throw us any negative surprises in a big way. >> what classes are most at risk, high yield? >> from the fitch move, yes. and looking at the sluice, we had senior officers coming out from the fed, there are

now you got bostic sort of echoing that >> i feel policy is appropriately restrictive. i think we should be cautious and patient and let the restrictive policy continue to influence the economy lest we risk tightening too much and inflicting unnecessary pain. that does not mean that i am for easing policy any time soon. >> he goes on to say, underlying inflation may well be close to our target already >> that's about as dovish as it gets, though, and he's a nonvoter, so take it with a grain of salt, but yes, he has been known to be out front and sway some of the opinions on the federal reserve. i think the close call is now going to be on november. do they feel they need to hike again in november, or are they feeling like bostic is feeling let's see what the lags look like we're starting to really see some economic weakness, nothing pronounced in terms of recession or anything, but we know the lags can be long and variable, and that's what the federal reserve has been banking on. that's what history shows us about more than 500 basis points of tightening. the bigger que

and to us companies, astra bostic, as well as another company, known as intuitive machines, also are scheduled to attempt to move landings later this year. well, we are going to go to daniel hawkins, who joins us live for more on this. and daniel wanted to talk to you a little bit about this. what does this mean for russia in terms of a prestige? and i mean, is this as significant in terms of uh, prestige project? i think it's safe to say prestige has always been very close to links to the topic called space research space exploration has always been the luxury of the most developed, wealthy states global superpowers. and ever since the 1st 30 days of that space race between the us, the soviet union, 2 competing on the use of communism capitalism. it has been very much and so all the national prestige. who can prove that technology? the science, the brain power is best and it's cheap, low scientific for us. and the space rent quotes, i think for most scope this mission is particularly important because it shows firstly, but more than the rush it can be worthy successor to the great.

we do for the learning grad from stacy's, and the red banner bostic fleet. it was part of a knowledge of both a strategic offensive operation. took place from september the 27th until november, the 24th. a vision is that going show us also budgeted and then by the by see me just give me a me ask if i should just give me that quote. you gave me so it's 3 of them got the fuck to just get lots to be on the nail, but yeah. sort of screw up the blog about getting a full list. you the story you if i to just you fullest. you also budgeted enough the semester zooming. yeah. many estonians wholeheartedly accepted. soviet rule and fold alongside it against the brown plague piece. easily evidenced. 13 this tony until a lot of the title funeral. if the soviet union, 20000, small, received other soviet declarations about 40000 custodian people fault in the ranks episode, you tell me. but the current government prefers to forget these facts. today they all know those who surrender the homeland to the defendants of crusaders under presses and try to support their masters i

we do for the learning grad from single 6 and the red banner bostic fleet. it was bought of a knowledge of both a strategic offensive operation. took place from september the 27th until november, the 24th. the vision is that going show us also budgeted the by the by see me just give me a me ask if i should just give me is that correct? you can search 3 of them go fuck to just get lots throughout the year. but yeah, the source throughout the will also the full list. you this don't you if i to just you full as you also, but as you know, i'm not sure 0. yeah. that many estonians wholeheartedly accepted soviet rule and folder alongside it against the brown plague piece. easily evidenced 13 this tony ends were awarded the title funeral. if the soviet union, 20000 small, received other soviet declarations about 40000. just don't even people fault in the ranks of the so if you tell me, but the current government prefers to forget these facts. today they all know those who surrender the homeland to the defendants of crusaders under presses and try to support their m

pretty much the just now monday night that it was you mean yet these may not or some bostic is this the middle somebody in need of assistance? i was on no one monday, across the street. if you mind me doing, must've been up emotions. so literally it's super, super, super, super. so at any stage because you don't really need to some i'm printed up. do nothing with cost issue the whitcomb custody. so lucky sony lunk support. suppose that eric a t t look up the same thing yet for also stick f as in no voters, him live with him. but and yet i didn't isn't i see nothing on the zip codes. obviously, i'm them. but i wish the news now i'm just the news, not pain yet for the, for the low cost on really so much take. just leave me the above you a to kind of nice him a civilization him for a family of them. so it's a with the sure, but should run us countries for us and i'll let you know, slide the swipe. i see it. so when you cross that, you'll see just snipping, which set the portals in their car. and you're supposed to say that the professors can provide it, which i'm going to do what you just

it's nothing new that politicians get a little bit from bostic weeks from a general election. but the, the tone of this, you know, the, the warning to the german party not to interfere in our nations a, for, it's quite an accusation of what it is. and of course they have been interfering. i mean, they leave us both as government a try to adopt this, a strange legislation web by anyone at all who had been negotiating, any kind of contracts with russia over the past 2 decades would have a, a, he don't read the is batch attached to them because they've done some committed, some great crime, the u. k. and the united states came in heavily against them to say no, no, you can't do that because it was, it was a way for more of yet skate to talk. the opposition that to us in the civil coalition, but the legislation has to be an adult that is not quite as extreme as it was. but nonetheless, there is going to be this commission and he's going to talk.

always good to see you. bostic krishi, secretary general of the european muslim initiative for social cohesion. thanks a lot. thank you. of these really military conducted attacks on damascus overnights, according to a serene use agency which stated that 4 soldiers were killed and 4 more wounded in the capital. as a result of the operation, the son of these agency report is down to her defense systems were able to repel the bulk of incoming missiles and up the strikes originated from the golan heights region. no comments. so as of yet from is realize usual on last night's attack, but it has previously stated, since some use introduce it only targets iranian linked sites. earlier we spoke with a former syrian boss, search of tracking to tell a couple of he said israel is trying to cover up its aggression by talking about a reunion targets of what this really is i was doing. does it up because what the americans have done in iraq and everywhere enough, going to stand in ukraine everywhere they demonize a country audit, a team or the president, and then this doctor's in display, thanks t

stable than us selling it because it's controlled by the central bank of china and that has some bostic different fiscal policy in the us. and you know, with alton tina, with the currency as it always has reading right now is even worse inflation. is it hundreds of a sudden it makes sense then? so adults, something that's a little more stable now in terms of the global financial system to expect any reaction from the west. and you've already touched on this before, but is this part of the general supp device ation trends that we're seeing? you know, i think the, the west in many respects the kind of shocking that showed his head and already show up to date. i mean, the, the alternative come and see for the west force the hero. have them worked out very well because the hero is not ready for anything like that. the. all that. and we've had some older breaks nations this week saying that when they do build the bricks development garden, i've been working on a new car and see they're working on it. and they said that going to box that's on some kind of solid asset. and so i think the west

more stable than us spelled out because it's controlled by the central bank of china and that hasn't bostic different physical policies in the us. for example, doing type of 19 the chinese government didn't go out and print voss amounts a few on. they, they really held back and they run that they run their physical policy in a very different way. and, you know, with often seen it with the currency as it always has reading right now is even less inflation. is that hundreds of a sense? it makes sense? been so adults something that's a little more stable visits now in terms of the global financial system to expect any reaction from the west. and you've already touched on this before, but is this part of the general sump divide station trend that we're seeing? you know, i think the, the west in many respects, the kind of shocking that showed his head and already show up to date. i mean, the, the alternative come and see for the west was the euro. that hasn't worked out very well because the euro is not ready bucks on anything like that. they'll allow and we've had some of the bricks nations thi

a typical bostic few it is brewing in the european union often and john politician suggested that whole of the ruling part they should be eradicated. the publish a prime minister, choose a leader of the in peoples policy of trying to slay the upcoming general election. if germans choose to openly admit their intention to directly into fee and polish elections, then this matter should we discussed in an open forum as prime minister of the polish government for presenting the portal of mentoring majority chosen and free and for election. i cannot allow for such the summation of the choices made by bullish citizens. let's recall more of the escape uh, went to washington a month or so ago and told the americans that forget about problems. forget about jeremy, that's all your you, europe is represented by us. we are your best i live in your, you know, if you want to continue nato and maintaining your policy in ukraine against russia, you have to rely on us not on those weak feet, french and germans who basically been selling out the russia. so you know that he pretty much said that the phone

pretty much the just now monday night that it was, you mean yet is mean that course bostic is this the middle, somebody in need of a this is as i know one monday across the mind. you guys can do this. how do you mind me doing? must've been on condition so that it clears super, super, super, super. so anyways, because you're really into some i'm from the p looking because you show the gnostic whitcomb custody. so lucky sony lunk support. suppose the epic, a tree to look up the same thing yet for us to stick f as in nor would assume live with him. but in yet i didn't is nicely nothing. i'm easy, of course cook obviously, and then if i watch the news and i am just the noise, not pain yet for the for the i'm going to call. so i'm giving it to my sick. just leave me the above you a to kind of nice him see what i should input from them. so it's a with the sure what should run us a country this process i watching us led to us. right? but i see it. so when you cross that, you'll see just snipping, we're set the course tools in their car, and you're supposed to say that the professors can provi

is a topic we will be covering with siemens energy later on. 1:30 p.m., we will hear from raphael bostic and michelle bowman. finally, at 5:00 p.m., we will hear from the bank of england chief economist again. on friday he said after the thursday rate decision, if there is another surge in natural gas prices, the bank would be forced to react. not saying the bank is on any sort of preset path. there is also a story about hsbc executive slamming the u.s. for strong-arming the u.k. into cutting back business with china. and accusing the u.k. of being weak for going along with it. talk me through how these new numbers will play into the ecb thinking. >> we had a lot of upsetting data surprises out of europe recently but maybe this hits the right spot. we had factory orders for germany coming better than expected. if this industrial production also comes in better than expected, maybe people will start rethinking the trajectory of europe's economy. we had a soft spot already and are looking for more positivity going forward. >> thank you for joining me for our morning roundtable. you can get

and i think the majority of the how many people, they, they believe that the, you know, the us bostic and shoulder, etc. so they can continue to do their harassment. and they continue, continue their acts of terrorism by envisioning and occupying you, how many plans you have any islands, and by controlling a territorial waters that belong to the many governments. that's the biggest type of terrorism that the images people are contending and our appointment. the filters at the us administration, you know, the british, the french and german government, even though this needle like horses that have been established to, uh, you know, spread their, uh, head you many across the world by occupying lands. and by controlling the uh, you know, global economy and controlling the shipping lanes as the only people see that you was transferred to once again. and there's a very significant statement that was made last week by a government official here. and that is, you know, he believes that the us and western powers, they're planning the pre emptive strikes on on the government in order for them t

raphael bostic has been a centrist, one of the first talk about doing a skip which they paused in june. they say eggs are evolving in a way that is consistent -- he says things are evolving in a way that is consistent. he does not say that he will vote for the hike but he is a voice saying we have done enough and this is all we need to do for now. haidi: kathleen hays there. donald trump has been indicted on federal charges accused of conspiring to overturn the 2020 presidential election results. jack smith spoke shortly after the indictment was unsealed. >> my office will speak a speedy trial -- see a speedy trial. in the meantime i must emphasize that the indictment is only an allegation and that the defendant must be presumed innocent until proven guilty beyond a reasonable doubt in a court of law. haidi: let us bring in jodi schneider. take us through the key points to you through this indictment? >> one of the key point is that it is the third indictment of the former president who is now the front runner for the republican nomination for 2024. that is the backdrop here. he had be

a pair of fed speeches this afternoon from atlanta fed president bostic and philadelphia fed president harker let's get you ready for the trading day ahead. futures are big. dow jones industrial average implied higher 181 points and nasdaq higher 108. if you look at the trade so far this year, growth versus val, no doubt, growth is winning out etf up 28% value up 6%. that gap is slightly narrowing a bit. it is pretty wide for the year are things changing? value sector like energy over tech over the last month here we have seen energy start to out perform technology on the near-to-medium term basis. could a reversal be happening? if you want another sign that momentum trade is slowing down for technology check out the semiconductor etf. it is up 1% in the pre-market trade. over the last year, 27%. you can see here where it closed below the 50-day moving average for the first time going all the way back to mid-may. could there be a reversal in the making right now we don't know. let's bring in greg serian founder of 213 strategic partners greg, i noted the mostmentum indicators right now

worst month for stocks this year helping the bulls, new comments from atlanta fed president, raphael bostic we'll tell you why he says inflation may already be very close. >>> and speaking of the fed, investors are bracing for another key piece of economic data what is known as the central bank's preferred gauge of inflation. we have the milken chief economist, bill lee here wit

let's start with raphael bostic. he was one of the first fed officials last few months to start talking about maybe we should pause. maybe skip rate hike. now they have hiked rates again. jay powell is saying it is all about four numbers. raphael bostic says he thinks it is clear the labor market is slowing and he does not think they will need rate hikes more. he also sees the fed keeping policy restrictive. not cutting rates until well into 2024. president of the chicago fed, known as a dove, he says the job market is cooling a bit but it is still extremely strong. extremely is his adjective. they are not a leading indicator of inflation. and michelle bowman, he said more rate hikes are probably going to be needed. what she is waiting to see to prove or disprove that is inflation, whether or not it gets down towards 2%. does consumer spending slow and does she see the job market loosening? she has been one of the hawks, so it's not surprising she is looking at that report and seeing strength rather than saying it is

atlanta fed president rafael bostic saying overnight from south africa he thinks the fed funds rate isay sufficiently. appropriate. maybe that's enough. unclear if powell and the rest of the fed have the same idea. but the data the next several days tomorrow, today, could help hone those views becky? >> i'm still trying to think of what those four have in common outside of that. the only thing i can think of is all four of them made a whole lot of money was jeff bezos in new jersey this summer? all three of the other three, oppenheimer, barbie and taylor swift came to new jersey the movie made a lot >> the individual -- >> becky, you're thinking too hard it is very simple. you got it barbenheimer and then you have this prime day in there. look, people were induced to spend because they had a product out there that people wanted to go for and they went for it. and that's, you know, the kind of thing the other thing that is kind of interesting i'm puzzling over is yesterday the report we had for the second quarter of the revision showed a massive upward revision in real as an inflation a

. >> rafael bostic said -- is not up right now. what will the fed be hoping tomorrow brings in order for them to feel comfortable about holding steady in september? reade: jay powell has made it clear they want to continue to see this bouncing in the market. the way you do that is slow moderation in demand for workers. continued increase in the number of people in the workforce. continuing to see improvement on the workforce participation side. at least economists think they know tomorrow you will continue to see this moderation in job growth. still a very solid number, around 170,000 jobs. an unemployment rate still near historic lows. if you continue to see this trend of moderation without an increase in unemployment, that is something the fed is hoping to see and is the kind of thing strength hopes that the u.s. white river a recession after all. >> thank you so much. we will be watching that data tomorrow morning. . crypto has grabbed headlines, overturning the sec decision to block grayscale's position to convert -- potential

when you look at raphael bostic from the atlanta fed, he was one of the first people to talk about the fed doing a skip at the june meeting which it did before going onto the hikes again. he is saying that thanks to -- things to date seem to be evolving in the way of an orderly slowdown. in terms of policy he thinks this argues for the event being cautious, patient, and resolute, he is more worried about the over tightening side. perhaps much more ready or more ready to be convinced that it is time for the fed to pause again. shery: that is kathleen hays, let us dive into the market move with is the belly, we are talking about yield surging across the board. was that one factor were we saw u.s. equities being challenged today? >> u.s. equities ended the day kind of flat and that comes after the s&p 500 was at the highest level in 16 months and i think investors are digesting economic data and corporate earnings, if you break down corporate earnings, earnings have been mixed. they are not awful but they are not great either and of course all eyes were on amazon and apple on thursday in

. >> the west wasn't one by people who stated bostic about those people stayed in boston the west was all sat around. i'm sorry, i'll only work three hours this week. where's my latte. >> it's one by patriots and pioneers and we are locking in both of those dates. cheryl: coming up, we are now counting down to tonight first gop debate fox business grady trimble live in milwaukee with a look at what voters are going to be watching for. >> good morning cheryl, tonight is the night we are live with the preview of what this stage is going to look like and what issues will top the list. at the debate, that is next. ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ >> woman: why did we choose safelite? >> vo: for us, driving around is the only way we can get our baby to sleep, so when our windshield cracked, we needed it fixed right. we went to safelite.com. there's no one else we'd trust. their experts replaced our windshield, and recalibrated our car's advanced saf

that is what rafael bostic the atlanta fed president is arguing. we're already restrictive.r longer. you don't have to go higher still. charles: having said all those things, what do you want not hear necessarily but what do you expect to hear from jay powell on friday? another pain-like speech? >> i think we're going to hear we're almost done, we're not quite done. charles: really? >> i think he will talk about at least one more hike and then keeping rates high for a very long time. maybe into 2025. charles: so that is not necessarily a victory lap? >> no, it's not quite a victory lap but he definitely, it is what madison talked about the at beginning which is, they're so afraid if they let inflation resurge it requires even greater pain to tame it. charles: do you think though that the street is underestimating everything right now? is the market, particularly the equity market a little bit too sanguine? >> i would say that 40% odds after rate hike, that is a little too low. i think it is more than 50 but the thing i'm really concerned about is four to five rate cuts next

. >> hey, mike atlanta fed president bostic meeting and talking with reporters over zoom saying the datan so far is consistent with an orderly slowdown he calls that quite promising. recent economic reports, he says, argue for the fed being cautious, cautious in not raising too much, but resolute in bringing down inflation to the 2% target. he adds there's some risk, he says, of the fed overtightening, though he does say inflation is still too high and must be brought down so his baseline right now is no hike in september, though he could support a hike if data goes the other way that is not, however, his baseline he does not see cuts until the second half of the year. i'll add that's similar to the austin president who talked earlier today and he said any cuts would be far off in the future he called himself a closet inflation optimist >> well, i guess he just came out of the closet in calling himself that that's good to hear, september 19th, 20th, is the next meeting. thank you very much. >>> let's get back to a look at the key stocks to watch. >> let's start with manchester united bec

but while number fullest of little sits the past is out stunned by an at cr bostic performance from frenchman, gamble face is secure to 6463 victory will faces playing in just his level. much of the, of the struggling with injuries of the women's tournament in montreal, wimbledon champion markets up under sofa ended caroline bush, nat case trauma, triumphant return to tennis. wonder. so it would be the day and 6275, set a meeting with cocoa golf flushing. actually, we don't need just come back from a 3 year break. just on to family will return to the quoting since 19 next week. this is she begins have grand slam wrong. at the us open. former heavyweight champion, anthony joshua, says boxing has a dumping problem. the british going to is getting ready to face the stand, an opponent on site today of the day in white pulled out for filing a drug test. instead, he'll face robot. let me use from finland except to the cool, even though he only for last saturday, a late replacement is on ideal. but i'd say this is the time this happened. i had it, we had it, we've come up who live here and tech come

space agency 8 years ago, plans to send the probes as early as november at us to us companies, astro bostic, uninsured. the machines that also scheduled to attempt moon landings later this year to, well for more than this, we're going to go to daniel hawkins is joining us live from moscow. what does this mean for us? have done the filter rush, so this is without down to return to the center stage. all the space, exploration disagree even had a tremendous legacy of pools in space. moments has the names of the gardens, and it's called a homeowner of the owns here, movies of everything was household lanes and russia and beyond russia. inside the legacy, of course, in mood, exploration, because the us put the 1st model on the moon, the russians have the 1st probes, photos fly by. and so something wants to come back from the mood off to the last pro russian sense. up and lucky and 76, the, the russian space program went to the decline, especially in a tom, all of the 19 they had to set up an entirely new space agency that was played by insults of difficulties and funding and internal politics as

bostic told us that mixed jobs report helped confirm that view. >> they came in pretty much as i expectedlow down in a fairly orderly way, and this number comes in continuing that pace. some folks would have liked it to be faster, a larger gap, but i am comfortable. i am not expecting this to be over in a short period of time. it does not surprise me wages are so strong. worker wages have trailed inflation for quite some time, so we are still in the catch-up period, and i expect we will see strong wages. when i talk to employers, the one thing they tell me is whatever they are starting their wages growth at this year, they are expecting it to be lower next year and lower again to get back to where we were pre-pandemic, so we have to keep an eye on it, but i was not concerned too much about them at this point. >> you would be the first to tell me one data point is not enough to make a decision, but do you feel the fed is on the trajectory it needs to be on to get to 2% at some point? >> we are today in a restrictive stance, and as inflation continues to fall, the degree to which it is rest

carl bostic, former us reporter at nbc news.n. >> yes. in fact today. what's happening is a hearing before district judge in georgia to by one of the co—defendants, mark meadows. he was donald trump's chief of staff . that's what he chief of staff. that's what he wants to do is change the venue from a state court to a federal court that would not necessarily, you know, be a real setback for lonnie willis . what setback for lonnie willis. what what changes things like the size of the jury pool if it's a state court, it's the atlanta county community, which is very familiar with the court. the jurors , all of those procedural jurors, all of those procedural things . but jurors, all of those procedural things. but if it was a federal court, it would be ten counties. >> they might be more they might be counties that are more sort of warm towards trump, rather than the inner cities that are more democrat. yes and no. >> yes and no, because while atlanta, biden won like 75% to 2 to 25% for trump in those ten counties. yes you did see

raphael bostic and patrick harker.ake jokes about this but they have a mandate and this is the time of year where they have to go out and talk to people as part of the act. they don't have a speaking agency saying can you do des moines thursday? they have a formal mandate to speak to the business community. rotary. it's taken seriously. jonathan: we take it seriously too. we talk about these speeches. tom: i think they are over communicating but at the same time they have this mandate to communicate. jonathan: a multi-asset strategist joins us. do you have any reason to believe the data between now and the next fed meeting will challenge the soft landing native this market has embraced over the last couple months? >> i don't think so. we are not only staying resilient in the u.s. data about seeing a broadening out of the surprises across the board. the labor market still resilient, consumer confidence picking up. we know housing is in good shape, manufacturing hanging and -- in, and inflation is coming down and inflati

a few minutes later captain tommy boston, no major tom bostic, was leaving this company and his command post came under overwhelming attack. he directed members of his command post to a different position and can continue taking the fight to the enemy. counterattack by fire, this large enemy force. killed by a rocket propelled by -- and he was awarded a distinguished service cross for his actions that day. we have lost four soldiers, that is arlington, 87 65 is originally from texas. we lost four other soldiers in a deployment. last chris faye for, solving nebraska, sergeant adrian hike. in iowa. the abraham lincoln national cemetery out side of chicago, illinois, and captain davis morris who is buried in minersville, pennsylvania. watching the collapse of afghanistan in august of 2021 is number motions just like everybody else here. i watch with sadness with the attack on abbey gate and 13 of our service members lives. i was angry. we have been at this for 20 years. spent over two trillion dollars, more than 2300 service members killed and tens of thousands seen and unseen. and it all