sonali: thank you so much for your time, david rosenberg of oaktree.new intraday record high. it is extending those gains in the session despite all of that change around rate expectations. we will be covering it all for you this afternoon into the close. first, the week ahead. the fed's preferred gauge of inflation in the pipeline next week. that is coming up on "bloomberg real yield." ♪ you got this. let's go. gobble gobble. i've seen bigger legs on a turkey! rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror. i'm also mr. leg day...1989! anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. i go through a lot of pants. before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. you can't buy great conversations or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you ima

what do you make of wall street pro david rosenberg saying fed data shows a majority of federal reservetricts, 7 out of 12, are either in recession or stagnation? >> well, that gets to the fact that the economy is facing a serious problem. no matter how the administration if tries to spin it. so it's not all even in america. a lot of it is still suffering, and people, again, even if they're moving ahead, have very real concerns about the future with this president. and the fact of the matter is in terms of government spending, only in washington would they think that taking money from people and then spending it instead of the people spending it somehow helps the economy. s it doesn't. if let people -- let people keep the resources they made, created. let ourselves -- others invest in those resources. this administration, i think, will be seen as one that really went against the grain of america. even franklin roosevelt in the late 1930s recognized the new deal wasn't delivering. elizabeth: yeah. jpmorgan ceo jamie dimon if says former president trump, that trump was right about the eco

if you dig even further, david rosenberg pointed this out, 5.6%, infinitesimal number, 5% of the purchasingers are experiencing any growth at all. this is the kind of news the fed should embrace, okay the economy is coming down, we're cracking breaking things but only thing that went down yesterday was the market. we're higher today on initial jobless claims. this is still a lot of confusion. we want to bring in wisdom tree head of equity research, equity strategy, jeff weniger. jeff, all the moving parts we have to look at but are the market and investors supposed to be rooting for bad news to be good news? >> they have done that my entire career, root for bad news not good news, so reliant on the fed. interesting with the manufacturing, 16 consecutive months, i've been posting on social media, one of the charts, looks just like it, conference board of leading economic indicators, 20 straight months, that is third place between the '73 and '75 cycle and 2007 and 2009 cycle, 20 straight months t reaches a crescendo at the end of a recession so go figure on these things but i would point out

today, economist david rosenberg on why he says the u.s.might be time to have a stash of cash on hand. >> and u.s. transportation secretary pete buttigieg on expiring ev incentives and the latest in the red sea and what it means for the supply chain. >> inside the drama surrounding disney's board as activist value act and blackwell's back the company in its battle. >>> right now, though, currently, the equity markets are firmly in the red. the dow down about 0.6%, s&p down a

week, there was another chart that i pulled out just because i thought it was interesting from david rosenbergsn't always look on the bright side of these economic reports. had some good data on how many people have multiple jobs. so multiple job holders in the u.s. and what you can see at the end of the chart is that it's climbed. and there are things like that happening. he said that level where we are right now, which is, what, 1 in 20 workers hold multiple jobs. 5% of employed workers are holding multiple jobs. that's a sign of stress in the system. again, headline numbers are okay in the labor market. we're looking for those little signs of stress. you put that with yesterday i was talking about more than $20 billion in debt that consumers took on that was three times the estimate. there are clearly signs that things are cooling down. i'm moderating this panel later, guys, on brookings. the it's virtual. feel free to tune in. the topic is, david, one that's hot. why all of this economic dissatisfaction? why do we feel gloomy when jobs have been strong, the economy is strong and the white

david rosenberg up in toronto, we will see what he says as well. right now, dana pearson joins us.hat will affect corporations in this report or what your gastim -- guesstimate is for tomorrow's ppi? >> ceos are already complaining about nation from wage increases the higher interest rates. all of it is really weighing on ceos right now. some of this probably will feed through to cpi over time. tom: publicly defend policy? it is an unfair question, but dana peterson, do you see enough of a movement here to adjust to the parlor game of march and beyond june? >> well, we think that the fed probably won't start cutting rates until around june, and the key thing will be the course of inflation. the good news is that core inflation is still slowing the that also cares about the headline, and it is only when we look in the core of home prices are still rising month on month, that doesn't bode well for year on year. the good news is that we are seeing some cooling and wage inflation overall, and when you look at home prices or the existing home prices during the year, there slowing, and t

state attorney for palm beach county florida, david aaronburg and former u.s. attorney, chuck rosenbergll for coming on this morning. >>> coming up, a live report from the west bank. what we are learning this morning about the assassination of a senior hamas leader in neighboring beirut. that's next on "morning joe." ♪ ♪ shopify's point of sale system helps you sell at every stage of your business. need a fast and secure way to take payments? we've got you covered. how about card readers that you can rely on? yep, that too. want one place to manage every sale from every channel? that's kind of our thing. whatever you sell, businesses that grow grow with shopify. >>> hamas is now blaming israel for the death of one of its leaders who was killed in an explosion in lebanon yesterday. the drone strike happened in a densely populated stronghold of hezbollah. the man who was killed was the second in command of hamas's political office. hamas claims six other leaders were killed in the strike. israel has not claimed responsibility for the attack but says it's in a state of, quote, high readine

rosenberg, members of the board, mr. longway. thank you for the opportunity to present my appeal . my name is tom metz, and i own 51 prosper street with my husband, david brightman. we live in apartment five. we bought this property in this location specifically because of my disability. and specifically so we could age in place. i have a progressive motor neuron disease, and i have been been getting weaker for 43 years. it is reaching an urgent stage. i'm trying to merge our apartment number five with the one directly above us, apartment two. apartment two is not being demolished. we are not removing any living space. we are not changing the footprint of the building or either apartment. apartment two is not being taken off the market. the renter and apartment two moved out voluntarily with no prompting from me. if you approve my appeal, i will replace the kitchen in apartment two with a bedroom. please note for a year now, the planning department has been referring to the kitchen in apartment five. nothing is happening to the kitchen in number five. that's incorrect. if you approve my appeal, it will permit me to have live in assistance when it becom