the counteroffensive is doomed to fail, david sachs, an american businessman and investor, wrote abouthis on social networks in detail what he thinks about kiev’s plans , stressed to seize the crimea and donbass , the attacks of the ukrainian army are unrealistic, the russian military successfully repels, and moscow’s military tactics will most likely lead to russia’s victory he recalled that ordinary americans do not want to pay for help to zelensky at all and predicted the failure of biden in the upcoming elections. and then they will simply forget ukraine, as it was with afghanistan, the sachs said, elon musk has already commented on his articles, he wrote well said. now the news of alexander's economy on the market is a large deal potentially for more than 40 billion rubles. tell us what you bought for that amount. tatyana, one developer buys the business of another while they start with a different topic. the revenue of russian companies for the first time in history exceeded a quadrillion rubles, according to the federal tax service, in just last year, organizations received almo

the counteroffensive is doomed to fail, david sachs wrote on social networks, an american businessmanold in detail what he thinks about ukraine, kiev’s goal will regain crimea and donbass , it’s unrealistic to arrange routes in russia, he said moscow successfully repels attacks, russia’s military tactics will lead it to victory, stressed financial expert aid to ukraine from washington will stop first elections in the united states and then ukraine will simply be forgotten, as it was with afghanistan, the article has already been commented on by hundreds of people on the internet elon musk wrote well said. the united states is trying to use for military propaganda and the terrorist attack on the kakhovka hydroelectric power station in the white house on the yura obvious facts claim responsibility for the disaster should take on russet, as the country of the west is once again trying to scale the conflict in ukraine, alika komarov will tell german chancellor assures part of the german army will soon be ready to defend allies in central and eastern europe however, the germans the activit

so david sachs is sure that the publicized offensive will not reach its goal anymore moreover, the quotey a stalemate or even that russia will capture more territory and win the battle. as biden notes, he is investing billions of dollars in a war that will have the same outcome as the army of this country, which the united states allegedly has in afghanistan. collapsed within a few weeks, the same awaits ukraine and the position of the saxon was fully supported by elon musk ; the revenue of russian companies over the past year for the first time in history exceeded a quadrillion rubles. this is almost twice as much as in 2021, such data follows from statistics. published by the federal tax service experts attribute the increase in revenues to the recovery of consumer demand the federal tax service notes that since 2015, the tax profit of russian companies has been constantly growing in 2020 due to the pandemic , it sank sharply federal customs service. china india turkey and azerbaijan have already replaced the european union in our country's foreign trade forecast this year. it will exc

i would also like to recognize david sachs who held -- draft of the report finding recommendations. i am grateful to all of task force members who convened several times and provided important feedback during our process. some have joined us here in person and some are virtual with us today. i would like to thank admiral -- admiral harry harris and who is joining our cochairs and director. i would like to acknowledge my test force colleagues. and i would like to thank richard haas for his leadership. i hope you enjoyed today's discussion. i now turn it over to our moderator. close hello. >> i am on the editorial board of the new york times and thank you all for being here today for the release of this consequential report on a consequence or subject. i remember sitting in this war -- sitting in this room during the iraq war. today, every decision that is made about taiwan feels like it is monumental for the world. if the united states and china were to get into a conflict over taiwan, there is no country in the world that would be unaffected. it is a big deal. this is big stuff. bef

planes and just swim counter our ukraine demonstrates a similar level of training fighters investor david sachsre and more obvious that the ukrainian counteroffensive will not achieve any of the goals. he also stressed that washington's support for kiev could threaten to repeat the afghan scenario , the situation that is now developing and most likely will continue to develop in the same spirit, but for ukraine this is a situation that generalizes the experience of not only afghanistan but also syria libya iraq that is, in fact all those states that fell out of favor with the united states of america whose territories were deployed, uh, hmm, such global serious conflicts that plunged these states. well, almost in the stone age for many decades, it’s worth recalling here that the withdrawal of american troops from afghanistan was accompanied by biden’s pathetic statement about achieving the goals of combating terrorism , the only problem is that when the goals are achieved in ukraine, there will not be enough seats on the planes for everyone either, and the templates schemes to export democracy.

i'm seeing the gm ceo david, goldman sachs and blackstone, orval bloom and volkswagen and others, ceotarbucks all going over to say what have you been doing? don't forget about me. where are they doing this? >> back to the cold war the soviet union, that was all hands on deck attempt to win against a formidable opponent in that we have we are in something of a cold war with china is taking a while for politicians to realize it and business leaders are not involved at all that's a big problem, hard to withstand negative things happening by china or out of china when his leaders are kowtowing to whatever they want. >> we weren't doing much trade with soviet union, filling out and giving grain. >> a little bit but not a ton. >> coexist with that, i want to make it clear, nobody has to necessarily win or lose, someone should tell china that. >> china is huge, they control -- critical minerals go into batteries and why are these business leaders going to china? forty years ago business leaders are patriots, they believe in america, if they saw an enemy that wouldn't invest in the country o

thanks for having me good to see you. >> you too david solomon the ceo of goldman sachs. , david, at the studio. >> sara, you have a few more interviews as well today to come what do you got? >> yes we're going to talk to ray dal leo in the next hour, founder of bridge water who has strong views and made headlines about being in the beginning affiliate stage debt crisis and thinks about the world in years and in cycles and in history and he's really focused on three key issues -- debt, and he's not feeling better about the fact that we got a debt ceiling deal. worried about the long-term trajectory he's worried about the politics and thinks ability things like civil war. we're going to talk to him about that of course the changing of the world order, u.s. and china as someone who has been in china for decades and has good relationships over there also toto wolfe, the ceo, team principal, and part owner of the mercedes team of f1 and you know how obsessed i am, david, with f1 toto is a billionaire investor and he's got lots of thoughts on the explosion of f1 in this country

liz: is goldman sachs pondering the judgment of david solomon, the ceo.impacting the bank's culture. charlie gasparino is work on this story. charlie: in any event, let's just unpack this story. david solomon clearly embattled inside goldman. i don't think he's going anywhere anytime soon. liz: why? charlie: in december on the "claman countdown" in december we were the first to reports that the partnership class, the people under him, think the guy is not doing a great job. they don't like the fact that bonuses got distributed to traders who made a lot of money. they don't like the fact that he's a dj. liz: do they mind that the stock is up 20% year over year? charlie: he had a freight 2021, not a great 2022. fox business network has learned that solomon actually took our advice when i said on your show that he should start hugging it out with the executives. we have learned that he has taken our advice and he is now hugging it out with executives. that's one of the things that has come up that he's actually doing a charm offensive with people. he's holdi

very well written by david sachs.r i mean to the registry office or she goes to the prosecutor, but in english it sounded like this or are we, uh, going to the next escalation or are we capitulating? this is literally a quote and well ride, therefore, the choice is very primitive - escalation and transfer of all this to a new floor, which can become completely uncontrollable. i am absolutely uncontrollable and the regional military conflict will develop into a global conflict, there is also a military global conflict, but not a military one, as long as it can become a military one if the americans make a decision and make such an inna or they will have to look for a way to run away. well, it's a death number. therefore, in my feelings, for now, i will leave it to the fact that the americans will escalate, because i do not i imagine how they will start to get out of ukraine and this means we have to get out of europe this means that we have to get out of eurasia in principle, the whole sequence of steps further is clea

him joining the board of goldman sachs really is another vote of confidence in david solomon at a timef questions, a lot of press around how fact -- fractured is goldman sachs really with all of these press leaks and grumbling from certain members of the staff. alix: this you bring expertise that is very different from solomon? >> the expertise is investment trading. the cart that goldman did an excellent job as was trading and investment banking. the markets part is going away essentially. there are still markets but the whole consumer operation is not the future of goldman sachs anymore in the form they had tried to make it. if you think about the way goldman sachs has to diversify, it is really asset and wealth. but yes, what does tom montag bring to the board of goldman sachs, he brings another friend for david solomon. guy: always a good thing. you have a big week coming up. how stressed should be all be about the stress test? >> threes in a distressful is because it is kind of messy. on one hand you have a wide range of banks and the largest are going to be facing this kind of ex

. ♪ ♪ ♪ cheryl: a rift between the current ceo of goldman sachs, david solomon, and his predecessor, tense relationships between bob iger and bob chapek, that's according to some goldman insiders. charlie, what's going on with these two? if. >> why to do we care about this? cheryl: it's goldman sachs. >> it's goldman sachs, one of the most prestigious investment banks, every major company, its clients are really rich people and big corporations. so kind of the sort of palace intrigue of what goes on in there is very interesting. i will say this, there are former and current ceos of goldman sachs that hate each other because there's always coups there like hank paulson dislodged jon corzine. of course, corzine wasn't a fan of hank. corzine went on to be senator and governor of new jersey, hank went on to be the treasury is secretary during the financial crisis. so there's always -- clear little, solomon took the job of blank fine, so you can see where there might be tension. it's not behind the scenes. it's boiling over in public. cheryl chester who's got -- what's the beef here? >> i

goldman sachs ceo david solomon will join sarah eiser this morning.interview from the world medical innovation forum in boston that's at 1:00 p.m. eastern. >>> another news alert wall street journal says the white house plans to let chipmakers from south korea a and taiwan keep operations in china. some are concerned it could weaken u.s. controls and designed to slow down the technical advancements. >>> and the s&p posting a fourth straight weekly gain and brushing off the highest point since last august ahead of the key cpi report tomorrow and fed decision on wednesday. let's bring in sarat sethi sarat, great to see you. >> good morning. >> sarat, a lot of people are worried about the market oracle ahead of the report and expected to make a.i. announcements and pushing the nasdaq higher. are you concerned about the rally and are you concerned over what we will see from oracle to keep the rally going longer? >> yes, i am having seven or eight stocks be the market is not good for the overall market we need broad based participation. if you see the valu

they need the data >> goldman sachs ceo david solomon is not ruling out a rate hike >> we have slow growth and inflation which is sticky. you have to be cautious. it may not be recession, but it feels like recession with 0 to 1% growth. >> i'm not referring to this week, but i think inflation is stickier i think in the distribution of outcomes, there is a chance rates go higher. i'm not saying they will go there, but you have to be prepared for that. >> with the fed in focus tomorrow and u.s. cpi print in focus today, equities are off to a good start it is risk-on when you look at the surface. strong demand for cyclical sectors and less demand for defensive. the stoxx 600 is up 0.3% this follows the strong session in asia overnight and strong close on wall street the nasdaq reached the highest left since april yesterday s&p 500 closed at a new one-year high look at the boards the ftse 100 up just seven points points we got hot labor market from the uk piling pressure on the bank of england to raise rates further and sending sterling higher of the cac 40 in france is trading higher by 0.5%

well, as krautny increases over the leadership of goldman sachs' ceo david solomon, a former bank ofould be9 set to join the board of directors in the next few weeks. theyly break it -- charlie breaks it next. we'll be right back. ♪ ♪ u'll love how easy dexcom g7 is. it's on. and, he's off. you can see his glucose numbers right on your phone, so you can always be there for him with dexcom g7. ♪ ♪ this is your summer to smile. to raise your glass and reconnect. to reel in the fun and serve up great times. to help you get ready your aspen dental team is celebrating 25 years of affordable care with an epic summer of smiles event. right now, new patients without insurance get a free full exam and x-rays. plus, everyone can get 20% off their treatment plan. but hurry, because while these summer savings won't last, the memories you make together will. aspen dental. book today. hi, i'm todd. i'm a veteran of 23 years. i served three overseas tours. i love to give back to the community. i offer what i can when i can. i started noticing my memory was slipping. i saw a prevagen commercial and

. >> that was goldman sachs ceo david solomon yesterday at this hour we sat down in new york and coveredss that struggled. that was the sound bite there. "the wall street journal" out with a piece this morning on the turmoil within goldman partners there running goldman's consumer business telling solomon they weren't sure it was a good idea to fire greensky among the gripes i would say that are documented, david, in this piece, which, you know, in a way it's nothing new because we've heard this before, but i think reflects partner grumbling, right, about what's happening and the unique partner structure of goldman makes it somewhat news worthy i'm told there hasn't been any more partner churn than normal at goldman it's a difficult time for the investment bank and he's making changes people aren't happy with. >> he does attract a good amount of criticism, perhaps -- i can't say whether it's more than is warranted but it comes up a lot. and then questions about whether he will remain in the job. you know, then when i check on it, the board. i mean the board is not -- >> the stock has out

this comes a couple days after there was an article about goldman sachs, partners being unhappy with david solomon, because the money losing consumer business venture that has to be closed down. dj not spending enough time on the job, lloyd holding sway at a bar at a company retreat with people saying, you know what, he said that he's not -- that dj is not spending enough time in the office guy's laughing >> i'm not laughing. >> this is serious >> this is serious >> all of this snowballs, it becomes a problem in the board room >> well, it may. the regulatory dynamics of actually being a buyer of securities portfolio and advising on a cap raise are things i'll let all those people sort through, i mean, i think goldman has sat in many complex positions many times throughout the years, by the way, they're the first call for every company, let's be clear, i mean, who was seen asthe one who could do the best job here i'll say something else, i mean, if i look at a year -- we talked about the market, if i look at the last 12 months, goldman versus the s&p, it's flat. for all the bad news and all

another note grabbing our attention morgan stanley lowering ge estimates on goldman sachs based on an interview with davidomon on this show solomon saying they added $400 million consolidated real estate impairment and will see more this quarter warned of similar numbers when it comes to exwit -- equity exposure did take down the estimates significantly by 10% for the year on new guidance from the interview. something to note ahead of bank earnings. >> and the board meeting in india as people watch solomon as well the data center company outlining numerous ai initiatives at investor day. stock rallying 50% from the lows >>> plus watching intel. investors not feeling bullish after intel gave plans to compete with taiwan semi you can read more about that at cnbc.com the stock is down 3%1. dow's down 28 points we're back in a moment ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ >>> just want to take a look at shares of tesla going back into positive territory moments ago actually, the

that d dovetails incredibly well with a lot of our viewers, and the fact that goldman-sachs may have been hired, davidnews if you have that. can you break that story >> i also have a statement from the pif that i just got, saying they are committed to working closely with the pga leadership and board to advance their previously announced transaction to invest significantly in the growth of golf for the benefit of players, fans, and the expansion of the game around the world. again, that is just sent to me from the pif, the saudi pif. so, there you go that's what we got we'll keep an eye on it, as it is, as jim just said, it's not a public deal, but it is certainly one that has a great deal of interest >> yeah. definitely got the public's attention, no question and attention in congress as well >> yeah. >> looking at the impact of the saudi involvement in american sports and jyesterday, we talked about man u-qatar. that's happening at multiple levels >> i remember when the ceo of united arab emirates came here a decade ago and said, look, there's going to be a wave of commerce between our area of the w

david: there we go. jeff curry on oil and stocks out of goldman sachs of course. ey recently in some ways they have been ratcheting down. yvonne: hundred dollar oil call. david: 806i think is what they think is the average for the year. yvonne: the end of the year. it goes to show these oil bulls are in some ways having to surrender a little bit given what we have been seeing. jeff was talking about the supply increases we are seeing from countries that are actually sanctioned. russia, venezuela, iran where you are seeing resilient output especially when it comes to russia. rishaad: look into the second half. we get the latest one million barrels a day cut by the saudi's. how to than usual weather in many parts including el niÑo and then we got the need to refill the strategic petroleum reserve in the u.s. all these things can append the market -- can upend the market. does this also incentivize these countries to start treating? their monitors in place. yvonne: the market is not listening to the saudi's about these -- the output cuts and all that. when it comes to

liz: angst over leadership at goldman sachs has some people looking who could take over should davidhe's not. charlie, right? >> well you just heard it, i just heard it from source very close to the matter what they're telling the fox business network. this is a headline, should put it out there, there is no movement to take him out. the board is not weighing it. liz: they have not posted the job. >> they have not posted a job listing in "the new york times." can you imagine what, listing in "the new york times," rement for d.j. sol. we have him to kick around a little longer. but that doesn't mean there is not a lot of consternation surrounding the fraught tenure, four year tenure of david solomon as ceo. there is clearly, the board's clearly looking at that. i'm not saying they're looking to get rid of him. they're clearly looking, clearly worried about the continued angst over senior people in there over his leadership style. also on top of that incoming from the outside. clearly lloyd blankfein is like at odds with him. there is no doubt about that. he doesn't like, he -- liz: ll

is, now or later because i compare that to what david kostin has been happening at goldman sachs butd help margins and preserve margin growth in this environment because it will make companies more efficient. the big question mark on a.i. is when for valuations and companies. >> that is interesting isn't kostin's time period more ex extended >> yeah. over the next year or so i haven't seen a pushback to a.i. in terms of margin compression because of the cost factor that was new from wilson. >> you have to spend money to make money. >> i guess so. fed chair powell heading to capitol hill for a semiannual monetary report, as many wonder is a soft landing still in the cards. let's goat steve liesman who has the latest cnbc rapid update on the economy. steve? >> yeah. powell thinks it can be a soft landing and tentatively a consensus developing among forecasters for a soft landing in the forecast, that is one where growth flatlines but doesn't go negative. the quarterly forecasts in the rapid update coming after last week's retail. first quarter coming in a bit weaker than expected in ma

the board is tapping a prominent goldman sachs veteran who was also a close ally and supporter of ceo davidomon. according to people close to the matter. while it is routine for boards to make changes and the board is meeting in india, the appointment of someone who once worked closely with solomon likely signals the ceo who also serves as goldman-s chairman is shoring up support. perhaps squelching any questions about what solomon's future might be as he approaches the five-year mark. montag stepped down in 2021. he left goldman to go to bank of america. any say he is responsible for turning them into a powerhouse. this is being viewed as his grand return to wall street. the board at goldman, a close knit group and clearly high status. frustrations inside goldman have become increasingly public. a lot of focus on the bank and the timing of its move and an outline of the ceo at this point. haidi: what are some of the challenges ongoing for goldman? >> the question is, solomon being able to right the ship. goldman has a long history as a billionaire maker. it is a highly successful firm in t

to rationalize changing their way incrementally or almost a jump, as we saw from david coston this morning at goldman sachsnote that strategists not in the pain trade got it right. i would go back to investment 101. getting it right means you have to be in the game before you get it right. this idea of winning with cash and then going long is complete fiction. jonathon: getting it right for two consecutive years is really, really tough. think about the people who got last year right in this year right, or the reverse. that has been the story the last 18 months. tom: this is what we do with the bloomberg terminal. good morning and we hope you need the terminal. it is a sales pitch. mike called and said to say something positive about the terminal. how about 421% in the last decade? jonathon: have you gotten the be unit -- the b uni t? tom: not yet. jonathon: equities positive, up 0.2 percent. from new york, good morning. lisa m: keeping you up-to-date with the news from around the world. with the first word, i am lisa mateo. in italy, the former prime minister died. he made billions as a media mogul before

elsewhere, bloomberg has learned that goldman sachs plans to add a company veteran to its board. he is very close with davidomon, so maybe a signal that the ceo is shoring up support to quash speculation on his immediate future after five years at the top of the bank. for all of these banks, it's always the succession question we are talking about. a little more of an indicator as to what solomon is planning going forward, and that is more support. coming up, russian president vladimir putin blasts the wagner group as traitors. still don't have full details on the mystery over the weekend but we will discuss the state of play in moscow next. don't miss out on our conversation with the central bank governors of several countries from the annual forum, a chance for the ecb to iron out differences. christine lagarde will give a welcoming speech at 9:00 a.m. u.k. time. this is bloomberg. ♪ when people come, they say they've tried lots of diets, nothing's worked or they've lost the same 10, 20, 50 pounds over and over again. they need a real solution. i've always fought with 5-10 pounds all the time. eating all

i don't even know what to do with that and we heard that from david costner where he is repossessed -- reassessing with goldman sachs. a lot of people don't believe in 4500 spx and he is doing at -- that at multiple expansion. jon: let's squeeze in the single name, we will talk about tesla, the third time in two months, prices up. to $50 on the model why --$250 dollars on the model y. the s&p is positive at 0.1%. ♪ this is ge aerospace, advancing flight for future generations. ♪ welcome to a new era of flight. >> this is called alexion interference and yet another attempt to rake and steal a presidential election. i will appoint a real special prosecutor to go after the most corrupt president in the history of the united states of america, joe biden. they are not coming after me, they're coming after you and i happen to be standing in their way. jon: former president donald trump fighting back after the plead not guilty to the charges of legend mishandling of classified documents after appearing in court in miami. from new york city, this morning. a federal deserve decision later this afternoon and going into the fo

sachs, shares are down about 1.5% since january. second to bank of america, which is down 11%. and headlines about the ceo davidhing a piece, titled, goldman execs hate their ceo but my next guest says not so fast there's no indication that solomon is at risk of an ouster any time soon. hugh, i don't know sometime where there's smoke there's fire >> we've been on top of a lot of these stories, so you can understand why we're interested in this one. so there is reporting that the board is re-evaluating its opinion of mr. solomon you know, there is a lot to unpack first of all, it is not clear to me that there is any kind of imminent risk of ouster for mr. solomon. what i will say, though, is goldman a happy place to be right now? you put up the chart earlier, they're not doing that well. it's because they're the most tethered to wall street businesses, investment banking, which have been slow, and there is a slow bleed from a lot of these wall street firms where they have to lay off people. that's not happening goldman has a $1 billion push to cut experiences, so you have bankers that are flying around the world

what the fed does morgan stanley thinks they're done goldman sachs thinks there's one more hike left in july and part of the confusion, davidd they wanted to send a signal there's more work to be done on inflation. maybe there was some sort of compromise inside the fed. powell was more dovish than the dots and he said july is a live meeting, but we haven't made any decision on july just want to contrast that from what we got in the last hour or so from christine lagarde at the ecb who is raising rates and is very clear that she's on a mission to fight inflation listen. >> are we done have we finished the journey no we're not a destination. do we still have ground to cover? yes. we have ground to cover. and i can go further than that and tell you that bearing a material change to our baseline, it is very likely the case that we will continue to increase rates in july. >> i mean, that's pretty clear. >> i understand everything she said. >> correct she was tougher in terms of the message on the market. by the way, the euro is up, rallying because there's an expectation they will do more. there's now an 80% chance they go 50 ba

sachs. we are only a couple of weeks away from a story that was in the journal that it was at war with itself. tom montag whose work with davida closer ally to him and he started to bring the bank back together and secure the idea here that david solomon could not do it alone. tom: the upset of goldman over the last three or four days, solomon was at bear stearns and then he and montag know each other. so solomon brought him back. in that process, he says i want the guy from bank of america to come back to goldman sachs. sonali: it's not should solomon who is chairman of the four but there is still an entire board. you think about the key players in one of those very key players is the secretary to the board john rogers whose work at goldman sachs and the senses that you really can't lose his confidence. goldman sachs is not going to make big decisions here. there were huge pivots in strategy and there has been a lot of griping but this is year five for david solomon. tom: the article in 2021 was a huge article and tom montag as adina sarah -- is a dinosaur like me. montag talked about working for goldman. he was dead set aga