shares of cosco falling reporting its lowest monthly sales gain since april 2020. of the worst performance on the s&p 500. cfo saying there is weakness in big-ticket discretionary items. i think it is a combination of the economy and concerns out there. let's bring in bloomberg's john edwards. you have been with us all week. you have heard a lot of different realtors -- from different retailers. analysts said, i wish we would see a membership price hike because that is how good the earnings out -- earnings were. is that enough to take the stock? >> i guess there is disappointment that a hike hasn't come around yet. the company is saying it is a matter of when and not if. we will see that membership fee go up sometime later in this year. overall, cosco is seeing what i think a lot of retailers have reported this season, which is basically results are good right now. they are concerned that the consumer might he weakening as we go deeper into the year, especially when it comes to as the cfo was saying, as higher priced this questionnaire he items that people are shyi

i'm joined now by either bay cosco. she's one of the authors of the study. so always city urging central banks to keep raising interest rates despite financial turmoil. why does it seem to be convinced by the stability of the banking system friendly? we think that high interest rate such as necessary, noted your bill of fund inflation and bring corn flakes down to the target. and we think that interest rates need to stay at a higher level. and in some countries, even rice, though they're one of course high interest rates, passing questions on financial markets, as we've just recently witnessed in the us when since then to make those other 2 men to deal with financial aid, instability concerns. and we think that they should use these tools, but use high interest rates to fight inflation. one of the countries that stands out in the outlook is india. your report predicts that it will grow the most out of any country in 2024, 7.7 percent overtaking china is in yes, a turn to be the center of growth for asia coming. i mean, in general, asian economies are, they s

all swollen chavaris shipper is to his ground for a place, wound up a fuss headphone news, mitchell cosco that she had in the month annuity, but since you got into should have done a gonna qualify because noise levels are maniachi the not fatal by natasha. you might think of using a show she was a bug with jeff or your judgment about brittany more managers that your group at the studio because we're gonna push get the $30000000.00 mit away from where you come when you mean you could was to do is to plenty or to play with it down the road just ready to filter. so to get the bill to where much though juice loosely, williams, could you give the deceptive? be sure to do what has been done with ox. it was media given this issue with o u. n. documents left behind by insurgents contain compelling evidence that the was a strategic rationale behind the eventual decision to fudge of anemia and late again, the seo of outlanders, the hardway by killing tens of thousands of coal wiscoe a custodian use with him with for new freedom, with a series of german defeats such as the battle of stalingrad and t

mitchell cosco such a noise or when you're shoot on that? painful by natasha. yes. if you buy a show, she was a bug she played with her, you had been about grief, you more of manage it, that you're at the studio because we're going to push get with the middle. we're way down. we're come when you mean you could was to get christabel in your to play with another just and ready to filter says get the builder will much though juice loosely. williams, could you give the deceptive issue to deal with? it was ms. dia, given this issue with the un documents left behind by insurgents contain compelling evidence that the was a strategic rationale behind the eventual decision to fudge of anemia and late to get lisa or of outlanders. the hard way, my killing tens of thousands of coal was a good story and you sent them with the church for nearly freeman. so i could throw in there to push me with a series of german defeats, such as the battle of stalingrad and the retreat from the vulgar made the o u. n. b lead as less certain about germany's chances of winning the war. it also ma

on the downside, cosco is down by 3%. it is a big bold retailer, you go there and you buy this much water, food and alcohol. sales have been weaker since the pandemic. but that's ok because were spending on other things like restaurants. the 10 year is down .04 so this feels like a little bit of buying on though higher ideals. guy: the eurozone services, look at these lines. it's hard to digest all of them. what you are getting here is a pickup. the reading showing us a little tech higher. france, the u.k., the aggregate numbers are worth paying attention to. the service side of the economy here in europe is showing no signs of slowing down. this is a problem for the ecb. this is an economy that doesn't want to take the medicine from central banks right now. alix: this pairs nicely with lufthansa and the great numbers they had in the potential capacity over pre-pandemic levels. we are getting there. anecdotally i heard that all shopkeepers are looking for a blowout summer. the last big european airline to deliver results.

china, state owned shipping company, cosco shipping is going to be one of the top containers in the world. no american in the top 25 and china has glad the mobile -- global order book for shippi instructions compared to less than 1% first -- u.s. shipyards. around 80% of shipping cranes, are made in china and the pentagon's -- has learned that these cranes can spy on the supply chain. all of this data is being combined with other shipping data and giving the chinese the ability to track about any container cargo shipments anywhere, including u.s. military cargo. you mention beijing having a foothold in 100 port in many countries and a growing share of marine finance and insurance business is just one of the hooks we relied on to enforce sanctions on russian oil. how should we react to all of this? fmr. rep. peter: i suggested that we may want to -- and there is legislation pending in congress iroduced by republicans and democrats to reconsider permanent nmal trade relations with chi. the qution is what dyou move to? do you move back to an condition and time limed approval subject to them

china, state owned shipping company, cosco shipping is going to be one of the top containers in the world. no american in the top 25 and china has glad the mobile -- global order book for shipping instructions compared to less than 1% first -- u.s. shipyards. around 80% of shipping cranes, are made in china and the pentagon's -- has learned that these cranes can spy on the supply chain. all of this data is being combined with other shipping data and giving the chinese the ability to track about any container cargo shipments anywhere, including u.s. military cargo. you mention beijing having a foothold in 100 ports in many countries and a growing share of marine finance and insurance business is just one of the hooks we relied on to enforce sanctions on russian oil. how should we react to all of this? fmr. rep. peter: i suggested that we may want to -- and there is legislation pending in congress introduced by republicans and democrats to reconsider permanent normal trade relations with china. the question is what do you move to? do you move back to an condition and time limited approval s

didi collin, published moments ago that he observes cosco seeing finally food disinflation .n the to mind -- demand-side were saying and and balance on that will not be solved behind inflation. that becomes the wage price spiral that the fed greatly fears were high inflation leads to higher inflation so i don't think simply standing by the wayside and allowing natural markets to clear itself will be a long-term solution. lisa: do you think it's realistic that the fed can get to 6%? >> absolutely. lisa: at one point do they say, to market because that is above for the market has retraced to and we have seen the pricing this week. >> i think they're slowly making the play but they don't want to overpromise in terms of the terminal rate if in fact inflation does so -- doesn't show market improvement. they consistently underestimate the sticky nature of inflation. 230 basis points higher than the initial forecast in march of lester. tom: help me here. we are so honored to have christian horner with those from red bull with us on monday after the race. did i miss the memo that we