colgate, kind of struggle l today, after earnings weren't great., you own that one, ascolgt different story. the guide was around 5, a little over 5%. so that was strong and latin american growth was really nice, a little over 12.5% growth there but a lot of these staple companies that are multi-nationals who have a lot of exposure overseas, will struggle through this environment. let's see what happens with the dollar as we figure out what the fed continues to move and how they move forward. that's really the play here in some of these staples. outperform year-to-date, but struggling with this growth bid. >> i misspoke on those colgate earnings, but are you really concerned about inflation? you're talking about growth in latin america, and other parts of the world, but the dollar doesn't seem to be slowing down anytime soon >> it doesn't. that's a concern for a lot of these names. let's see how that progresses as the fed decides to what their move will be through the rest of the year and going into next year and that will be a good read into how t

colgate down more than 3%. now here is the chart in the break, crocs shares are climbing again.e stock to buy earlier this week, could surge 50% to $75 a share we're currently at 57 up 10% the meme stocks generally are hot today. look at bed bath and beyond shares up 25% to just over $5 after filing showed 50,000 shares by the new interim ceo who replaced mark triton gamestop up after a four for one stock split. and amc is getting in as well, reiterating its sell rating and cutting its price target from $6 to $5 a share. don't look now but beyond meat is quietly on pace for its forth straight week of gains as the shareholders know it is down 80% and is still trading $81 a share even with the 7% gain let's get to bertha coombs now for a cnbc news update >> your cnbc news update this hour the creator of the yu-gi-oh was found dead he was just 60 years old >>> a detroit police officer was killed after confronting a man with an assault-style weapon last night the officer and his partner responded to a call of a man firing a waem and upon their arrival the suspect fired in their dire

mm q gordion, colgate, katana, e, just core pro us love them ideally sham sir or girls. cooper was formerly took notes. cousin cock who cut moves. he would usually respond with circus grey's. neat, that's a convenient needle in a new g need circus finished. i took grades by at the more did you as a and i chill. so she, you need 008 to be sure. each name, what's about the tale, but still you lou, some precipio greens concerning smith's question. if you get getaway, lucian was sure to would you said chris, just what is why says manual g e federal should instantly when we were such as used for capital grants, concern is to put in it. whereas each us but the most to christine what a 20 posterior one more thing really he wasn't choice but the mean yes. you will need this made some mistake, mother, you know, done switching some of the steps to play rushes, your fund ticker category of not sure he could show it clearly. usually on youtube with cookies, the sunset name, which you are the most corrales' with . oh no. mm. mm ukrainian nationalists, tortured and slaughtered about 6

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right, madison colgate right now is the 2nd house you substance on earth, other than water. currently, the rate of growth emitted the built environment is about equivalent to building one new york city every month. wow. building houses and infrastructure. the great thing with a little problem. this is the bad guy. the production of cement, emits enormous amount of c, o. 28 percent of all greenhouse gases are caused by the construction industry. that's huge. madison said her company has a solution. a substitute made out of surprising ingredients. industrial waste like ashes and c o 2. when you have time to process technology and that kind of comes in the form of a very large reactor, especially how it works is we put our solid heat into the vessel. and then we pressurized that with c o 2. and we rotate the vessel for a number of hours. okay, let's go industrial risk like ayesha and c o 2 ah, what's happening in the chemical process, the c o 2 molecule minute alive with the industrial ashes. it is as if the greenhouse gas fossilize is a completely different material comes out

colgate, katana, e just ramos? love them. a delicious year. old girls. cooper was lovely. took notice cousin kirk, who got mobile, if she would usually respond with circus grey's need, that's a convenient needle in a new g need circus finished. i took grades by at the more did you as a and i chill. so she needs g r a z, or will it be shooting ish name? what's about the tale? but still you lou. some precipio grins, consumers question. have you gotten a promotion? was sure to what you said, chris, just what is, why says manual g e federal should instantly, when we were such as used for capital grants consistently, it would se chest, but almost a christian. what a 20 posterior. one more thing, really. he wasn't choice, but the mean yes. you will need this need some, mr. mother, you know, done which in some of the steps people in russia, she will formica photograph of not sure he could show a clearly, usually on the thread with cookies to sunk abuse name with you. what's the most corrales with oh no. mm mm. ukrainian nationalists, tortured and slaughtered ab

right, madison colgate right now is the 2nd house you substance on earth, other than water. currently, the rate of growth emitted the built environment is about equivalent to building one new york city every month while building houses and infrastructure is a great thing with a little problem. this is the bad guy. the production of cement, emits enormous amount of t, o 28 percent of all greenhouse gases are caused by the construction industry. that's huge madison save her company has a solution. a substitute made out of surprising ingredients. industrial waste like ashes and c o 2. when you have time to process technology and that kind of comes in the form of a very large reactor, especially how it works is we put our solid heat into the vessel. and then we pressurized that with c o 2. and you rotate the vessel for a number of hours. okay, let's go industrial wrist like ashes. and you are to ah, what's happening in the chemical process? the c o 2, mon, cool minute, alive with the industrial ashes. it is as if the greenhouse gas facilities in a completely different material c

colgate, katana, e, just go from us. love them. delicia or girls. cooper was formerly took notes. cousin kirk will kuchma booth she would use or lower school with circle for grades need. that's a convenient neil and then you g needs. okay, krista, i took grades by at the more did he do was a and i chill. so he'll need 0 zavalla a to be sure ish name. what about the tale, but still you really ah, some precipio grants concerning misqueso v category of motion was sure to which he said it's just what is my son lanyard g e. federal should it isn't that we were such as yours for capitol hill grants consensus to plainly it what as it yes but almost christine you are to 20 to post to learn more about the really you as much of it, but the media you need this need some other you know, them switching some of the steps to publish as your former ticker category of not sure he could show a clearly usually when you 3 with got kicked the sunset listening with you. what's the most corrales with oh no. mm mm. ukrainian nationalists, tortured and slaughtered about 600

is that they, the overall system, this, this bubble that is blowing up in, happen into because of colgate or something like that. it happened because of the time that i think of it that happened in the late sixty's with the murders of j. k . bobby kennedy, martin luther king and the transformation of a wants buyable industrial economic system into a post industrial speculative basket case driven by myopia. and my money was in the early seventies when the dollar was, was dissociated with the fixed exchange rate of gold system. and since then, it's been 50 years of atrophy of our infrastructure outsourcing, of our, our heavy industry and inability to sustain the lives of people. and a giant bubble upon bubble on people desk that is waiting to default and pick the whole thing down. so i think there's a time bomb, not a banking system which is collapsing, and that time bomb was set to create the effects of chaos like in $923.00 by mar. and i think if you recognize that you can act and, and mitigate that in a way that allows the to be to fail base to take to know either the welfare recipients

is that they, the overall system, this, this bubble that is blowing up in, happen into because of colgate or something like that. it happened because of the time that i think of it that happened in the late sixty's with the murders of j. k . bobby kennedy, martin luther king and the transformation of a was viable industrial economic system into a post industrial speculative basket case driven by myopia. and my money worked in the early seventy's when the dollar was, was dissociated with the fixed exchange rate of gold system. and since then, it's been 50 years of atrophy of our infrastructure outsourcing, of our, our heavy industry and inability to sustain the lives of people. and a giant bubble upon bubble on people desk that is waiting to default and pick the whole thing down. so i think there's a time bomb, not a banking system which is collapsing, and that time bomb was set to create the effects of chaos like in $923.00 by mar. and i think if you recognize that you can act and, and mitigate that in a way that allows the to be to fail base to take to know either the welfare recipients

they have not paid out a single sent and colgate side. the bulk of the shares went to the 6th leaders in the 19 ninety's confidence of the cult leader within appointed directors. just a few years ago, did chilling investor out of hela bought into the company since the share hold up. he was hoping for a profitable investment. i'm only asked to was, did he realize that it was a closed corporation? there's no transparency. and he has no say in any decisions, even though he holds 17 percent of old shares. yes. will make any more to outwardly up, but in this web of corporations would want you to believe that they honor inclusive participation. you get ownership, rice and democratic decision making boy gordon. but in truth there, in very serious violation of any co determination regulation is in those who run the companies. we are also there round supervisors. financial problem ignored it. he says, the set, set up 3 bogus firms said that the head of the board never lost control life. so no, the, i'm a look, a cassette northbound facility is sim

kellogg, colgate and the favorite name is smucker with the high-beta consumer staple name all movingthe down side a lot of hope about growth later on in the year >> that's a very interesting tilt, bob, thank you let's look at the bond market and rick santelli tracking the action in the nyse people are raving about the 20-year auction, rick. >> they are and they should, but do remember the reason it's the highest yield on the curve is it's not the most popular, most highly traded maturity on the curve and the bigger the auctions, the deeper the amount of supply and the more it's traded and liquidity is pushing yields down in the other maturities, but it is definitely in many ways some of the best action that we have seen my mike did fall, i a polpologi everybody. you can see it was off the charts and the auction was great. month to date of two year and it keeps steadily climbing and all yields now are very close to higher on the day. and they've come a long way like stocks and now look at a month to date, and it's turning higher why? because next week we have a fed meeting and it's st

i'm curious about colgate and procter & gamble, the consumer staples. how much are people going into those and moving away from discretionary items? it has been a motley picture so far. the take away from me as we get the best monthly gain in the s&p going back to november 2020, his people have priced in so much worse than we are getting, but people are cheering a bar that has been lowered and a company stepping across it. i think about apple. this is not an incredibly strong earnings trip. traders have priced in so much worse and that is what we are seeing. that is going to be the theme of this earnings season. jonathan: amazon is a piece of that for sure. your day ahead, looking ahead at that data 8:30 eastern time. let's get to the conversation with tony crescenzi, a member of the investment committee at pimco. how rare is it to have consecutive quarters of really strong gdp growth and contractionary real gdp, and how is the fed meant to respond to that? emily: the federal reserve should recognize there has been a lot of ups and downs in the economy

>> no, it should have been colgate. i think there was a typo in there. >> that would never happen around here. thanks for watching "power lunch. dom, thanks for being here. >> "closing bell" starts right now. >>> stocks making a big comeback what's leading the way here's something we haven't said too often, it's the nasdaq and beaten-down tech stocks. the most important hour of trading starts now welcome to "closing bell." i'm sara eisen here's where we stand in the market right now the nasdaq composite has turned green, up 1.2% or so the s&p 500 only down a third of 1% at the lows it was down 83 points so you can see it's been a strong recovery. the dow is still down about a percent. the cyclical groups getting hurt the hardest into today's session, energy, utilities, materials and industrials. financials aren't having a great day. it's communication services, consumer discretionary and technology that is all green in the s&p the low of the day for the dow is down 742. we're down just about 200, a little more than 200

proctor, colgate, kimberly, coke to your point are all seeing pricing going higher and so far they're telling us elasticity is below historical levels. something has to give and i think what has to give is general merchandise and apparel. people are spending less on that and spending more on staples. >> i think you both would agree with that but it is a confusing picture. thank you both for joining me today. walmart shares sharply lower. >>> dow down 270 new home sales just came in at their lowest level since the start of the pandemic, sharply missing estimates for june how much cooler could the housing market get we'll ask the ceo of redfin next you are watching "closing bell" on cnbc. ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq ♪ ♪ how's he still playin'? aspercreme arthritis. full prescription-strength. reduces inflammation. don't touch my

colgate pall mall live but disney and nike. you say those are your long-term picks. that surprised me a little bit. >> that's outside of my recession, non-recession/pro-recession play because those stocks got so cheap and beaten down that i now see them as valuable. disney is trading at 17 times earnings, it was 30 times earnings not too long ago. these are long-term positions i'm building slowly, over time. so that's a separate book, a separate portfolio. those are names i believe in over the next month -- year, year to two to three years. cheryl: scott, i think most investors know because of the first half of the year and how negative it was, in particular i was look at q with 2 stock funds were down more than 16% just in the second quarter. so we've already seen our statements, we know what's going on. now the question mark, scott, is when do we kind of start to see a recovery? is q4 too bullish? >> no, i actually don't think it is. but, obviously, things are going to change once we see earnings which start to come out next week, as sarge was saying. i don't think

>> no, it should have been colgate. there. >> that would never happen around here. thanks for watching "power lunch. dom, thanks for being here. >> "closing bell" starts right now. >>> stocks making a big comeback what's leading the way here's something we haven't said too often, it's the nasdaq and beaten-down tech stocks. the most important hour of trading starts now welcome to "closing bell." i'm sara eisen here's where we stand in the market right now the nasdaq composite has turned green, up 1.2% or so the s&p 500 only down a third of 1% at the lows it was down 83 points so you can see it's been a strong recovery. the dow is still down about a percent. the cyclical groups getting hurt the hardest into