let's talk now that chris hedges those of r.t. america's on contact good to see across you know donald mcneil jr personally do you think you are just caught out in a robust discussion with the student soft should somebody of his experience and lineage in this business should have known better. i wasn't there i only know the reporting about the discussion i think we should remember that the executive editor of the new york times is. african-american dean baquet very fine reporter in iraq hired together and dean initially judged that it was a court judgment call but it wasn't racist it wasn't he wasn't using a derogatory slur either directed at a person or a group of people it was the n. word which perhaps as a way person he should not have uttered but that was dean's initial judgment and then there was blowback there's very powerful kind of cancel culture especially among the liberal elites there was blowback within the institution and dawn was removed but if the reporting of how that word was used. is accurate then i think this wa

host chris hedges who used to work at the paper. i think we should remember that the executive editor of the new york times is. african-american dean the kay very fine reporter in iraq she hired together and dean initially judged that that was a poor judgment call but it wasn't race that wasn't he wasn't using derogatory slur you know either directed at a person or a group of people it was the n. word which perhaps as a way personally should not have altered but that was dean's initial judgment and then there was blowback there her power full kind of cancel culture especially among the liberal elites there was blowback within the institution and don was removed but you know the reporting of how that word was used. is accurate then i think this was probably overly judgmental and too severe. chris hedges was when things look at this from a kevin 0 in the tame flags of watching out to international don't forget a home run of a social media to keep you posted to have a great day. our smart individuals are doing and smart corporations ar

host chris hedges who previously worked at the new york times. i think we should remember that the executive editor of the new york times is. african-american dean baquet very fine reporter in iraq she hired together and dean initially judged that it was a poor judgment call but it wasn't racist it wasn't he wasn't using a derogatory slur either directed at a person or a group of people it was the n. word which perhaps is a way of course and he should not have uttered but that was dean's initial judgment and then there was one back to her power full kind of cancel culture especially among the liberal elites that was blowback within the institution and don was removed but you know the reporting of how that word was used. is accurate and i think this was probably overly judgmental and too severe. coming up relatives of a young black man in the u.k. who died just hours after leaving police custody are calling for justice that story much more when we come back this is our t. international. joining me everything on the alec simon show and i'll be spea

the perpetrators life and not those who were harmed by his actions we talked about it then we chris hedges out the host and he used to work at the paper. i think we should remember that the executive editor of the new york times is. african-american dean baquet very fine reporter in iraq are together and being unusually judged that it was a poor judgment call but it wasn't racist it wasn't he wasn't using a derogatory slur either directed at a person or a group of people it was the n. word which perhaps as a white person a should not have altered but that was dean's initial judgment and then there was well back to hurt our whole kind of cancel culture especially among the liberally it was blowback within the institution and don was removed but you know the reporting of how that word was used. as accurate and i think this was probably overly judgmental and to say we're. pulling up next in the story or yesterday the french government's planning to introduce a minimum age of sexual consent cohorts heard how rowing final arguments in the case of a french minor allegedly raped by $25.00 is the

our show but you get my book bullet points and punch lines at least camp book dot com intro by chris hedges forward by jimmy door and check out the podcast version of this show called moment of clarity until next time goodnight you keep finding. is your media a reflection of reality. in a world transformed. what will make you feel safe. isolation community. are you going the right way or are you being led. what is true what's his fate. in the world corrupted you need to descend. to join us in the death. or a mate in the shallowness. or headline stories this hour russia becomes the 1st country to approve 3 homegrown parola virus vaccine after kovi gets the green light. also a trade unions raise the alarm. we think. people should be. president joe biden declares a major disaster in.

host chris hedges who used to work at the paper. well i think we should remember that the executive editor of the new york times is. african-american dean baquet very fine reporter in iraq who are together and being unusually judged that it was a poor judgment call but it wasn't racist it wasn't he wasn't using a derogatory slur either directed at a person or a group of people it was the n. word which perhaps as a white person a should not have altered but that was dean's initial judgment and then there was one back there heard powerful kind of cancel culture especially among the liberal elites there was blowback within the institution and dawn was removed but you know the reporting of how that word was used. is accurate and i think this was probably overly judgmental and too severe. that's a wrap up of the day's top news for now but don't forget you can always find us on many of our favorite social media platforms like twitter and facebook apps and reports. the reason for doing this study in the breeze and it's. those controversial

host chris hedges who previously worked at the new york times. i think we should remember that the executive editor of the new york times is. african-american dean baquet very fine reporter in iraq are together and being initially judged it was a poor judgment call but it wasn't racist it wasn't he wasn't using a derogatory slur either directed at a person or a group of people it was the n. word which perhaps is a way a person a should not have uttered but that was dean's initial judgment and then there was blowback there heard powerful kind of cancel culture especially among the liberal elites there was blowback within the institution and don was removed but you know the reporting of how that word was used. is accurate and i think this was probably overly judgmental and too severe. russia has hit back at e.u. lawmakers after claims that the european foreign policy chief was too soft on moscow during his recent trip foreign ministry spokeswoman marie of the heart of accused of those politicians of throwing a tantrum and reveal a secret about how

america's chris hedges who's also previously worked at the new york times. i think we should remember that the executive editor of the new york times is. african-american dean baquet very fine reporter in iraq she hired together and dean initially judged that it was a court judgment call but it wasn't racist and wasn't he wasn't using a derogatory slur you know either directed at a person or a group of people it was the n. word which perhaps is a way person he should not have uttered. but that was dean's initial judgment and then there was blowback or her power felt kind of cancel culture especially among the liberal elites there was blowback within the institution and dawn was removed but you know the reporting of how that word was used. is accurate and i think this was probably overly judgmental and too severe it without say for most of the way a red line for coded rule breakers the british government is threatening to put people in jail for up to a decade if they cover up that travel history will debate that after the break. internet censorship is happeni

show but you can get my book bullet points and punch lines at least can't book dot com intro by chris hedges forward by jimmy door and check out the podcast version of this show called moment of clarity until next time goodnight and keep finding. there's any deficiency in the last 4 years it was the fact that we had this transformational president with really grand aspirations that were broadly supported by the american people in the most populous present in this country's recent history were matched by the appointments that were made in the administration i think maybe with his background in business he might have underestimated the importance of personnel but having worked in the white house in the executive branch of government so much rests on personnel . joining me every day on the aisle excitement and i'll be speaking of the world of politics. i'm sure i'll see of that. in the 1920 s. and thirty's several 100 african-americans moved to the soviet union and many of their descendants still live in russia. looking at the risk because you know no rush but i thought of stuff just to be trut

hedging. and that is bringing some of that selling pressure to the four. let's bring in chrisho focuses on the mortgage market which is very much part of the story. maybe you can flesh out this concept of how convexity hedging is forcing the selling pressure here today? chris: it is one of the reasons the market is watching the reaction of mortgage bonds investors of great selloff because a primary characteristic of mortgage bonds is that they are always -- homeowners can refinance it at any time into a lower mortgage rate at part. what is happening with the rising interest rates, a lot of american homeowners who previously had incentive to refinance their loan, no longer do. with prepayments speeds running their fastest since 2003, suddenly, from the end of the year, where 80% of the universe had nuts -- had an incentive, now they onlyof t universe to have incentive. either the mortgage bond portfolio manager, you see the future cash flows are pushed out. your duration is pushed out. which means you need to sell treasuries, which is one way to bring your duration back in line

if you're starting to feel worried at the top, our next guest says he has the hedge for your money chrisou looking at >> i think it's important we're 70% off the low over 10 months the russell two, i just want to be respectful of tape and get an understanding of what some of the market's more defensive corner are trying to tell us when we think about defensive groups in this mark, really have four or five options staples, youths, gold or bonds i thought i'd take them one by one. we'll start with the staples, the first chart we brought the trend has been up but they haven't been a leader. if you look at staples making multi-year relative lows right here, i think we can cross them off the list they aren't providing any type of protection in this market, discretionary is still better. let's say it's not staples here. let's move on from that one. what about utilities utilities have been weaker in the absolute sense, has not met a new high it is also making multi-year lows the fact that bond yields have gone up, utilities have softened staples and them making multi-year lows. that's not how w

chris: i'm really asking you -- you talk a lot about the economy. is the president concerned about market manipulation, whether it's from hedge funds, whether it's fromail investors, and exactly what elizabeth warren was talking about, that it hurts the economy because it reduces public confidence in the markets. >> first of all, the president recognized that the stock market is not the real economy faced by so many people on the bottom leg of this k-shaped recovery. they depend on the american rescue plan to deliver both virus control, vaccine distribution, and economic relief. as far as game stop, i think the president's main concern there is that the regulator in charge, the s.e.c., securities and exchange commission, has to make sure not that there's no volatility and speculation in the market, that's a constant. but that the underlying plumbing of the financial markets remains sound. that's the job of the s.e.c. and if you read their statements, you'll find that they're very much on that case. i think that from the perspective of senator warren who i always listen very carefully when she's talking about that, really her thematic there is that we

chris: sure. obviously, disorderly has a new definition in the dictionary under gamestop, and it was the short squeeze really of my 35 year career. but again, the system works. investors plug the hole of the hedge funds and robinhood so that we could continue through it. i don't think this is a terrible story of a broken system. i think it is a system that is stressed, and then work. jonathan: any situation -- and then worked. jonathan: any situation you take advantage of? chris: when prices move without fundamental reason for them moving, there's always opportunity. while the focus was on the small short squeezes, the rest of the market, as you guys covered, really dropped the worst since october. stocks like facebook came in with quite strong earnings last week. it's down 10% or 15% from highs of a couple of months ago so we moved in there. we would move into lockheed martin. we bought a new position in texas instruments. we call semiconductors the oil of the digital economy. i love that stuff was left by the wayside. tom: chris grisanti, and gamestop is breaking down to new lows now, in terms of measured investment, it does come back to earnings and revenue. i guess we are seeing earnings re