erlichman he says to john erlichman, you're you're a greenie and you're in with these guys. i will sign with you guys produce with democrats if it's got scoop jackson's office does it i will not muskie muskie ed muskie. maine has anything to do with it. i'm i'm off. so erlichman, this is the triumph of the seattle people erlichman and scoop jackson's teams get together and they they cobble nepa, national, environmental policy act. if you don't about nepa, you're living it. this lie wouldn't have been built without nepa. nepa signed by nixon first 1970, and sam clemente, california, at the western house before the football games. come on. shocking press gaggle following him. he nepa which makes environmental statements for construction mandatory real estate commercial development blah blah blah blah blah blah. what does that do, guys? when sign nepa it guarantees law to be a boom industry. i asked my students at rice university if they're not majoring in environment to go work for the sierra club or audubon. so a lot of times they're getting hired by exxonmobil to be an envir

jon erlichman with stock of the hour.een dialing in shares on the world's biggest truck maker. increasing service costs. admission free trucking which is what the entire industry is saying. matt: the truck company is saying and 21 they're going to buyback euros and the exchange rate. they're going to continue a focus on margins. they want to hit margins in the range of 8.5 to 10%. that is a boost of previous estimates, 7.5 to 9%. there tried to catch up to smaller rivals with bigger margins. joining us as the ceo of daimler truck, martin daum. tell me about the move to a higher forecast. what has made you more confident? martin: 2023 is going awesome. we were concerned about the supply situation. it is still tense in the marketplace. demand is extremely strong. especially for our great products all around the globe. we will as much as raise our forecast for 2023 and announce the massive share buybacks because we are doing nice on that cash flow side as well. jon: what is the balancing act on how much you invest in new tec

jon erlichman: welcome to bloomberg markets. matt: it was an incredible rally last pushed us up to s&p 4450. we are off a little bit but not by much, looking at 4447 on the benchmark index. yields are coming up seven basis points. the debate ranges between will dudley and morgan stanley. or .5, two or three? bloomberg dollar index gaining, this is one of the calls from the beginning of the year where everybody thought the dollar would decline against major trading orders but that has not and out. nymex coming out two dollars a barrel. we were close for trading yesterday so nymex will be up. i think the global benchmark is down for the close on tuesday. what are you looking at? jon: lots of different stock movers. meta-in focus, we are waiting on the launch of a twitter clone this weekend we will see how that plays out. let's try to crunch the numbers on house that's what they can. i should note that here in canada you have continued tensions between the government and meta-, the government saying they won't advertise on meta-pla

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>> this is bloomberg markets, i'm jon erlichman. sonali: matt miller's on assignment today. john and i are looking at the s&p 500 up. .4%. markets are calm. the four year yield is down on the day, 389. looking at the dollar also, cooling. the three year yield is down on the day. no crazy moves. there is a 1% jump on new york crude as well but again it's all pretty stable over here. jon: yeah energy stocks are on the move and everyone is curious about earnings. general electric shares are on the rise by more than 6% today. the renewables and aerospace outlooks are satisfying investors. 3m, doing the same thing. shares are up 5% there. cost-cutting initiatives seem to be taking hold. general motors put together a solid quarter and had encouraging things to say about their outlook but the warnings seemed to be tied to the electric vehicle transition. how long it will take. we have seen gm under some pressure in trading today. strike uncertainty also in the air. alaska airlines is one of the names we have been tracking to the downside. down by 9%. even though there has been plen