of the day and the nasdaq saw a midday recovery finished down just 10 basis points let's bring in dan nilesning us. >> my pleasure, wilfred. >> so what do you think the reason was for today's selling is it because you were on the eve of the inflation data and is inflation a cause for concern? >> yeah, i mean i think that's really what's going on with the markets right now is people are waking up to the fact, whether they want to or not, that inflation is going to be a really large problem we actually put a tweet out on it this morning un under @danieltniles and people can see the chart on danniles.com but it shows what break evens are and that's what people think inflation will be over the next ten years. it's a much better metric than looking at the 10-year treasury the. the fed is in there buying 80 billion in bonds a month, 120 billion net a month so that's artificially low you look at break evens and you're at levels last seen in 2013 all the metrics coming in are running pretty hot and you've got multiple prices at multi-year highs, whether it's lumber, corn, wheat, oil, you pick it. t

up next, dan niles, on whether he thinks the turnaround is a head fake. index is a red flag oh, i am glad he did this. i was going to mention it. we are back in just 90 seconds with one companion that hedges the risks you choose and those that choose you. the physical seam of a digital world, traded with a touch. my strongest and closest asset. the gold standard, so to speak ;) people call my future uncertain. but there's one thing i am sure of... the pursuit is on. the pursuit of outperformance at pgim. with deep expertise to outthink across multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. >>> welcome back stocks staging a comeback late in the trading session today, closing at near session highs. the nasdaq 100 managed to eke out some gains in the close. let's bring in da

dan niles is joining us, founder and portfolio manager at the story fund what's happening with interestt decade which is the middle of a global pandemic the s&p was up 15% last year obviously nobody would have thought that with foresight. the reason is you had a lot of stimulus multiples just expanded. at the highest levels in history. coming into this year we've really focused in on what are the value centric ways to play in the market and what are the reopening themes that really got beat up last year. so that's really what we're sticking with. we're off to the best start in 17 years for the fund by sticking with sort of those themes and then avoiding high valuation or shorting high valuation technology stocks where earnings are way out into the future, which get hurt by rising rates we think rates are going to go a lot higher from here and tapering will start for the ends of this year that's kind of the plan we're sticking with this year. >> let's talk about some of your picks. these were some of the picks that you talked to us about before oracle is on your list jpmorgan is on your

niles el número de deportaciones ha disminuido a cifras récord pábulo alvarado habló con activistas y expertos a qué atribuye la baja >>> como esperanzadores así como los activistas describen las cifras que danistórico >>> una de esas promesas fue regresar a la póliza de antesen lo que era cambiar las prioridades de deportación >>> según datos obtenidos por el washington post abril fue el mes en el que se registraron menos deportaciones del país llegando a solo 2962 cifra que en comparación a marzo cayó un 20% >>> creo que el cambio de administración que tenemos en la presidencia ha hecho gran diferencia >>> de su llegada a la casa blanca biden dejó en claro cuáles eran las nuevas prioridades de deportación algo que continúa siendo eco en nuestra comunidad >>> nuestra gente necesita más ayuda en esta perspectiva >>> es bueno porque de alguna manera nosotros venimos aquí a trabajary venimos a ayudar y no somos personas que vienen a hacer mal las cosas >>> bajo las nuevas directrices las prioridades están enfocadas en quienes se han considerado riesgo para la seguridad nacional los que han cometido delitos graves y quienes cruzaron la frontera irregularmente en los últimos cuatro meses >>> cua