plus federal reserve governor christopher waller will talk inflation pressure and the economy.e system than we do. i feel like they might have a better finance system than we do. workday. how do they make better decisions faster? workday. it's got to be something workday. i think i got something. work... hey, rob, you're on mute. hello! hey, rob, there he is. workday. the finance, hr and planning system for a changing world. i didn't know my genetic report could tell me i was prone to harmful blood clots. i travel a ton, so this info was kind of life changing. maybe even lifesaving. ♪do you know what the future holds?♪ >>> major averages on pace for their best week in more than a year, but our next guest doesn't think the market has yet bottomed, says there's a good chance the s&p eventually approaches the 3,800 level joining us now is sam stoval sam, does this in any way -- are your targets affected by what's happening in russia and ukraine, or is it a general market call based on fed or the inflation, the outlook for inflation or just technicals? >> actually it's a combinatio

obviously christopher waller is raising questions.t i find interesting is the move in equities. i take a look at the risk aversion. how come equities are not responding as much as bonds? we had this move in the nasdaq. supposedly rate sensitive. not seeing the same knee-jerk response at a point people do not understand the trajectory of the economy. kailey: there is an argument to be made that if the yield curve is indicating the fed will not be able to pull this off, will not be able to move as aggressively as it says, does that turn into a positive scenario for risk assets? either way, it is hard to make sense of s&p 500 with its best three days since november 2020 in the face of this and more in eastern europe. jonathan: futures down -- lisa: futures down .7%. coming up on "balance of power," former u.s. ambassador to china about the talks about to begin in five minutes. this is bloomberg. ♪ >> this is your bnc para pop open update -- bnc paribas open update. rafael the doll continues his perfect start to the season. his 19th victo

a key governor with hawkish comments christopher waller says inflation is raging. and now the markets are preparing for a half-point hike in may what does it mean for stocks we'll hear from an investor who says

fed governor christopher waller saying i really favor front-loading or rate hikes that we need to do more now if we want to have an impact on inflation later. and st. louis fed president, james bullard, the lone proponent of the 50 basis point point hike this week, writing, raising the target range to half a percent to three quarters of a percent and implementing a plan to reduce the size of the fed's balance sheet would have been more appropriate actions so if the market needs to brace for more aggressive and faster-moving fed, where should you put your money right now do you think that's what the market is telling us, being up, the ten-year yield being pretty tame, guy? >> not quite sure what the market is telling us this week we talked about it earlier this week, about, you know, as confused as she's been in a while. i agree with that. one thing sticks in my head. i have those little post-it notes that i use, because that's what people my age do. pete said something on monday where, you know, he was seeing people buying 70-strike vix calls in june, and i haven't heard him say some

a key governor with hawkish comments christopher waller says inflation is raging.he fed is going to have to get more aggressive to fight it and now the markets are preparing for a half-point hike in may what does it mean for stocks we'll hear from an investor who says to expect another leg lower. plus a big reason prices rise so much, continued supply chain pain, folks. china's covid shutdown, soaring shipping costs is costing you more which retainers are best positioned to handle it? we'll explain. kelly? >> trying to close a big week with 5 pat% gains. the dow up 87. nasdaq near session highs up 1.4% and a string of 1% gains this week. paul hickey saying last hour it is a positive sign crude with a volatile session after the more than 8% jump yesterday. seeing it consolidate it here. wti up around $104 a barrel. first weekly loss since 2021 snap and pinterest and meta and twitter up more than 15% this week and chinese internet names continuing the climb they're all up more than 30% this week including the moves midweek. and the online retailer etf up 12% this wee

. >> we heard the likes of christopher waller to sing maybe a 50% rate hike could be on the table in the next meeting. they are calling for 50 basis points on fed fund rates. kailey: it will be interesting to see how the fed earned president response. jonathan: german howell last week, maybe you walked away thinking that was a hawkish conference. what would you conclude? lisa: that he was basically dovish and moved away from certain kinds of tightening and restrictions. i heard the federal reserve that was willing to risk the soft landing and he's coming up in this hour. how much is that a relief to markets? i don't understand it all stop jonathan: we just had the guest week of gains so far on the s&p. the nasdaq is down around 1/3 of 1% stop crude is heading north as well. the move in yields is just a little bit of inversion coming through. lisa: this goes to the brian weinstein point of how much we are seeing the fed willing to risk a soft landing at a time when you see inflation getting around the precipice and this is the fear and what we expect to hear from a number of fed speak

they are all i different times. 8:30 eastern time, the fed president will be speaking. 9:10, christopher waller and 11:00 a.m. eastern time, atlanta fed president, and while there may be interesting given some of his hawkish commentary at the end of the week last weekend rafael bostick, when he spoke earlier this week, seeing the most -- seemed the most dovish of them all. we already kind of know 50 basis point is firmly in the conversation. will we get more details on the balance sheet today? jonathan: have we heard enough from these guys yet? in a few short days. kailey: it has been a lot of speak. but it all seems like they are saying putting much the same thing. the question is what can they say today that will be different? jonathan: even president daily, if we need to do 50, that is what we will do. president messer, 50 basis points moves. looks like they will. tom: citigroup doing a reframe on the banks today. he is modeling in 10 rate hikes, eight this year and to next year. i am sort of with steve major, we have to wait for the data. i think we are way off. jonathan: they have waited f

welcome to "the exchange" headlines from the fed and stocks keep rallying and governor christopher wallerve and now markets are pricing a higher chance of a half point rate hike next meeting. >> the dow and s&p having the best week since november 20th. the nasdaq up 9% from monday's close. we'll hear from someone who says

had christopher waller on the board say that he did not vote for 50 basis points last time because he jim bullard told me yesterday, we can't wait to find out. we have to act now. what do you think? mary: i have put a couple of risks in front of people. the invasion of ukraine and the ensuing difficulties -- first, my heart goes out to the ukrainian people -- but we should think about the effects on the economy. it is definitely a global headwind. in the u.s. to mess economy i see it as mostly a risk to inflation, further upward pressure on prices. you have already seen it at the gas pumps, but also other commodity prices, which ultimately are inputs to goods we are already finding high prices for. i certainly think it is an upside risk to inflation. and i think it is a modest risk to growth, but not the kind that would produce anything like stagflation, because we are a net oil exporter right now and so when prices rise production in the u.s. also increases and we get that offset on growth. but, you know, this is a big uncertainty shot then you also have this happening when it is cle