damn is fink really behind everything yes , not fink eldar of the ship, if they made a mistake in thewill now contact him ahead. grab the coordinates. finn i'm sorry to be with you at all. contacted. there are coordinates for father eldar korablev blue. the bay looks like it's landed. prepared, if possible, to take alive the helicopter landed. m just landed on ping beach i thought you were locked up well, start a trough let's go to the sea? on hand, it seems, managed. well, murashova, congratulations, we were right. what does a woman's hand mean? bagheera contact operation completed eldar confirmed pink's involvement in the smuggling of explosives, and he was right. great job, looking forward to your return home. therefore, friendship is always a service. and vigilance in this case, is sometimes much more important than even here. so stepan news about the main thing for this minute in the studio hello

dani: larry fink says hold onto your hats. we had miserable edp data out yesterday, and we are back in the environment where bad news is good news yet again. strong jobs data head us pricing in fed hikes. let me take you into today's equity market when it comes to futures, it seems that anything that keeps the fed from being less aggressive is greeted with even arms by equities. we saw a rally in u.s. equities, a little follow-through in europe .7%. we are reminding everybody a lot of equity markets are closed, china, hong kong as well as the u.k. with another day of the queen's jubilee. closed under 25% yesterday, the first time in six weeks. typically, we get some systematic buying coming into the picture. so we could see some buyers coming with volatility dropping yesterday. manus: i'm so glad that you show the volatility. the correct way rather than my folly. if anybody thinks we are in for a bumpy ride at negative selling volatility into this. an american and an irishman talking about the jubilee, there you go. let's talk

these contain heavy metals and to nitrogen mathias fink by nurse discovered that urine and feces are a significant cause of the over fertilization of water bodies. excrement also plays a role in water pollution because it's the song, the food. you can't blame the dog alone for damaging a lake or a body of water or the soil. kashodi is the total impact of all kinds of other products and emissions. look good m a c o n. a pet dog does add to all of these categories, and he was anti the 2 by the average person doesn't generally notice if the condition of soils in plants is deteriorated. pito, who to man wants to change that. she's out taking a stroll in munich with her dog. anton, ma'am happens over that. now sometimes i worry it am i wonder about the full impact of what anton leaves behind and what other docs do? take you all because i have no idea how it all affects plants or nature in general . what else are not why? naked biologist, ta cielo franklin and wanted to show her the impact canine hearing of fluid with highly concentrated nitrogen has on plants who are talking about. if you

it's food much he has fink by now took measurements across 15 categories, including climate change, soil, acidic vacation and water pollution dog food production, braided poorly in almost all categories. but one area was especially alarming. the amount of climate damaging gases, the average german pet dog generates 630 kilograms of c o. 2 emissions per year. quite a lot. then the, the force turned us, the intergovernmental panel on climate change recommends that we own the emit 2 tons per person per year in the future. so it's 630 kilograms. you've already used up about a 3rd of your personal c o 2 budget for the dog. and if you've got a big dog, it's more than half as far as you have to. the main culprit for this high c o 2 footprint or pop rent the meat in dog food, especially beef that vice hated us. we all know the house as ruminants image me, thing up, which causes climate change by and then the cow is also fed partly with concentrated feed, which contains side for example, which is also partly grown outside germany in brazil. well, and has been cleared. what is an interesting defla

but pet dogs can cause environmental problems which ones geo ecologist mathias fink bye know from berlin's technical university. wanted to find out. first he calculated the impact of the average german dog. 15 kilograms in weight, 13 years, life expectancy. he then examined the key aspect of a pet dog's environmental impact. it's food. but he is faint by now took measurements across 15 categories, including climate change, soil, a certification, and water pollution. dog food production rated poorly in almost all categories, but one area was especially alarming. the amount of climate damaging gases, the average german pet dog, generates 630 kilograms of c o. 2 emissions per year quite a lot. then as he forced and us, the intergovernmental panel on climate change recommends that we only him, it 2 tons per person per year in the future. so it's 630 kilograms. you've already used up about a 3rd of your personal c o 2 budget for the dog. and if you've got a big dog, it's more than half done. it's from malice. you have the main culprit for this high c o, 2 footprint or pop rent the meat in dog f

appreciate your perspective, lauer a rah fink -- the laura fink. >>> still to come, how how did "ther heed to to a reporter's -- lead to a reporter's firing in stay with us. it followed me everywhere. between the high interest, the fees... i felt trapped. debt, debt, debt. so i broke up with my credit card debt and consolidated it into a low-rate personal loan from sofi. i finally feel like a grown-up. break up with bad credit card debt. get a personal loan with no fees, low fixed rates, and borrow up to $100k. go to sofi.com to view your rate. sofi. get your money right. ♪♪ here we go... remember, mom's a kayak denier, so please don't bring it up. bring what up, kayak? excuse me? do the research, todd. listen to me, kayak searches hundreds of travel sites to find you great deals on flights, cars and hotels. they're lying to you! who's they? kayak? arr! open your eyes! compare hundreds of travel sites at once. kayak. search one and done. (music) who said you have to starve yourself to lose weight? who said you can't do dinner? who said only this is good? and this is bad? i'm doing it

inflation is not going to go away, that's the big warning from another big wall street name larry finktelling bloomberg he thinks inflation already the hottest in 40 years isn't coming down soon. the supply chain is just too messed up. >> now there's greater recognition that inflation is -- is not transitory, it is probably with us for a number of years and it's the type of inflation that i don't believe the federal reserve as the policy or tools to do much with it right now and i'm personally not blaming the federal reserve for where we are right now, but i believe most of the problems we're living with today are more policy-generated and supply generated. >> again, shock waves. fink said demand has surged back to where it was before the pandemic that has created shocks to the supply chain, supply of goods can't meet demand from consumers. millions of consumers who are hungry to get back to normal it's e con 101, prices rise. you heard him say that the fed the inflation fighter doesn't have the tools on its own to fix supply problems that will mean volatility and uncertainty as we wor

the way we're hearing through the grapevine none other than larry fink thinks the sec and he is the ceohe show to talk about esg, he thinks they are going too far. blackrock has always been a proponent of some esg but what larry fink has said which i think is reasonable is that we need a transition to all this zero carbon footprint stuff because if you don't have a transition well guess what? you'll have oil companies, not drilling for oil, and you're going to have massive inflation as we have now. so this is interesting. again, there's not much that can be done in the interim, because the republicans don't control congress, but once they do, it's going to be game on between gensler, the republicans and you know, these rules can't happen overnight. there's going to be -- liz: their comments and all that by the way bitcoin is moving higher on this news, probably because they have always wanted some certainty, they say just give us the roadmap. charles: you think bitcoin is rising? liz: i don't know there's a bad headline that doesn't work well especially on a day gary gensler is worried

i need fink urgently. you get well please you too it is time. the car corresponds to the number will not work. well, where did this schwaheev go, is the delivery address known? pick up after 3 hours earlier in any way before in any way, vaughn at me urgently costs. i really need to work, i can’t bring downed cars to appear. yes of course. you are a person with a reputation. how could i forget something? good. okay, try something faster. by the way, you heard what's going on in our city, and what is it like at the shipyard that a military boat was lowered into the water with a fireworks salute, and with fireworks , they say that the salute exploded. teams in klochcha and the ship in the trash. thanks, darling. the brothers go without a clue. here mines, the fish factory is excellent. eldar lenya i heard you have problems problems with my product. they say you pushed him to someone else, lenya if you deceive me, i'll cut off your voice and feed it to the dogs. i do not feel sorry for the goods, but i do not say goodbye to those who are trying to f

but larry fink and the globalists out are there want to be able to invest in these companies despite out -- i'll just point out this: these companies should be excluded by law are, but we don't have legislation that's going to do that. so we have this letter to these senators. do you think this is going to result in any change in the federal thrift fund and what it can invest in? if. >> there will be some change but, certainly, not enough change. china has this doctrine of civil-military fusion which means that the chinese military has access to whatever any civilian company has. so if a tech company, clearly the chinese military are going to use that tech. which means americans can invest in those chinese tech the companies and the military or in china can take advantage of it. so there needs to be a further prohibition of investment into any chinese company, not companies -- not just companies that are on the commerce department's entity the list. maria: yeah. one source tells me they only want to expel the opec-sanctioned countries, what about the 4903 companies and other sanction

treasury secretary janet yellen and blackrock's larry fink are on the list.nt erodgan says his government will continue to cut interest rates despite one of the worst inflation problems. turkey's central bank has cap its benchmark rate at 14% since december. the annual inflation rate accelerated about 73%. india is eager to take on discounted oil from russia's rosneft. state-owned refineries are in talks for new six-month contracts on top of existing shipments from russia. indian refineries are increasingly looking to deal directly with russian companies as international traders cut ties with moscow. south africa says two members of the group to family have been arrested in the uad, it is the biggest step yet in the judicial inquiry into statecraft. -- state graft. the gupta brothers have always denied the allegations. global news, 24 hours a day, on air, and on bloomberg quicktake. powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg, tom, francine? tom: ok, let's take a look at some events throughout the week. we

warming but proven to be better corporate citizens and investing in the decarbonized future even larry finkbe the outspoken critical has come around wants a net carbon world more than anyone i know but as he said in the recent letter the transition is uneven it will not happen overnight we need to pass through shades of brown to shades of green. and then talked about a renewable era and even hydrogen general rated future see his support because he is a visionary went a long way to convince me that rapid decarbonization is not viable as much as i favored. joe biden seems to have it in for the oil companies in a way that's unprecedented even as the companies themselves gotten going on environment they're going to spend $10 billion by 2028 to hurt the earnings they don't care. the whole industry made changes that are much better for the environment. what do they get from the white house? whiplash biden was telling them to cut back the drill jg now that the price is through the roof he needs them to ramp up production but this time his administration wants to putt the industry out of business f

. ♪ >> coming, larry fink, lack rock chairman and ceo, joins us. bloomberg. >> keeping you up with news around the world, the u.s. supreme court is facing a historic case backlog. the court is set to issue 33 opinions, 53% of its current total, the most in percentage terms in 17 years. amongst those are rulings that could outlaw abortions in two dozen states. opec-plus has bowed to pressure from consumers to ease the pain over high energy prices. the coalition has agreed to increase its oil supply hike by 50% in july and august. the supply boost could be smaller than the official figure because some are unable to raise production. global news 24 hours a day, on air and bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am ritika gupta. this is bloomberg. alix: let's get more on oil with jeff currie, goldman sachs. it is always a pleasure to talk to you. you get increased outputs. market was not expecting it. the oil price goes up. i don't get it. jeff: it does not really change anything. when we th

officials and executives including secretary yellen and blackrock's larry fink to retaliate for whatt called expanding sanctions against its citizens? lisa: i'm not that surprise because he is a huge investor and he does wield some control over who gets assets and who doesn't and russia is preparing to contest the default they are about to be declared and saying we can pay and we want to pay but we are being prohibited to pay and the editors in the united states will be pushing them on the default so it's not that surprising but it's inconsequential to me and shows how little power vladimir putin has. jonathan: we will hear from secretary yellen a little bit later today. tom: she's got to readjust to the upper last week but what she needs to do is get out front and support her president. she can do that stuff i think you will see a lot of different administration people try to hone in and managed the president's message forward because he has struggled to do that himself. jonathan: the treasury secretary will be on capitol hill for a few days. [no audio] futures are down 6/10 of 1%,

inflation is coming from supply chain disruptions and if that lasts longer like we heard from larry fink of blackrock yesterday? alan: they will need a lot of help on the supply side. what is interesting, if you look at the latest pmi data, supply deliveries data on a delivery basis, not just in the u.s.. if you look at some of the commodity prices and some of the most esoteric stuff that people don't focus on as much like fertilizers, lithium, a host of different commodity prices are seeing somewhat softer prices over the last month or two. there is a little bit of promise and help, i just don't think it's going to be enough. jon: any dollar weakness? if it emerges do you want to fade it? alan: no. at least versus the euro we have made a return. insomuch that there is a lot of focus on the ecb. there is more talk the ecb does 50 basis points in september and the possibility the fed does 25. that is a natural handing over the baton away from the focus on the federal reserve. i think it will provide some serious support from the euro. versus the yen it is a different story. if the yen str

for 50 basis point hikes this month and next are reasonable, the blackrock seasonabl -- ceo larry fink says the fed does not have the tools to fix the problems we are facing. >> now there is greater recognition that inflation is not transitory. it is probably with us for a number of years. and it is the type of inflation i don't believe that federal reserve has the policy or the tools to do much with it right now, and i am not blaming the federal reserve for where we are right now. but i believe most of the problems we are living with today are more policy generated and supply generated. yousef: let's get off with janet mui, head of market analysis at brewin dolphin, are we overestimating the ability of the fed to get a soft landing right? janet: good morning, thanks for having me. a lot of the inflation problems we have is driven by energy, especially in europe. more than half of the inflation driver is energy. on that front, the central banks probably have little tools to deal with that. but i think they have the ability to control inflation by lowering demand, and that is part of th

this week's hero, lucy fink, a breast-feeding mom who is donating her excess milk after sharing her journeyth an online audience. >> my son is 12 weeks old and he eats 4 times a way. it was my tiktok and instagram followers that alerted me that i had an oversupply of breast milk. pumping from the start was a mystery box for me. i know it is that way for a lot of other moms, as well. ever since having my content, about my nursing journey, i was express one or two more times in a day. i googled how to donate breast milk in new york city. it was easy and fast and the process was rewarding and now with the formula shortage, it's needed manier than ever. >> and a cute baby there. to learn more about her efforts, go to cnnheroes.com. and you can nominate someone you think should be a cnn hero. thanks for watching, everyone. our coverage continues. >>> good evening, as you look at the white house president just addressed the nation, there have g the wrong detergent. and you're wasting up to 20 gallons of water every time. let's end this habit. skip the rinse... with finish quantum. its activelift

tom: not that larry fink is watching, what are you predicting $150 a barrel oil? >> certainly not predicting any levels on the oil price but just saying the equities of some of these oil prices are at a better state than they have been. tom: in fixed income, not in commodities. i should point out. i look at the screen and i'm sorry, i'm looking at a vic's -- vix of 29. kailey: remember when bill dudley said a recession is inevitable? lisa: honestly let's just put this in the record. i hope i'm wrong. i hope people think i'm chicken little and we get a soft landing. tom: jeff you in the 8:00 hour. stay with us. this is bloomberg. >> keeping up-to-date with news from around the world. it was jerome powell's most explicit acknowledgment yet that raising interest rates could lead to a recession. he told lawmakers that a recession as possible and a soft landing is very challenging. powell is back on capitol hill today. president xi jinping reaffirmed the growth target analysts say is out of reach. it was the first reference to a target since the meeting in april. china

like larry fink of blackrock. >> tucker: marlowe oakes, hard to believe he's the treasurer of the statew at 7:00 a.m. on fox nation. democrats are head of the upcoming midterms. they are blaming the inflation they created on insurrectionist. larry summers said that. unbelievable quote. we've got it. ♪ ♪ >> tucker: for most of last year and one of the most brazen deception campaigns ever attempted in washington, no less than the chairman of the federal reserve and secretary of the treasury assured the country the inflation was not a big deal because he would be "transitory." calm down, america. then larry summers, former treasury secretary under bill clinton, former head of harvard. some predicted inflation would stay. now because partisan politics is the most important thing the democratic party and washington, summers is blaming inflation on america's suffering working-class, people who are at the capitol january 6th and anyone who doesn't think it was an insurrection, it's their fault. watch this. >> i think the banana republicans who are saying that what happened on january 6th was n

if you are going to compare the rate hiking cycle in europe to the united states, fink of the labor market, too. unemployment in europe, the forecast for the ecb, 7.3% this year, 7.3% for next year, 7% in 24. a three handle in america. tom: even with structural differences, that is a large number. we are underplaying the distinction of the bundesbank with the proxy for the central bank, another guy. we have depersonalized these political decisions that matter lagarde has to confront, their tangible. jonathan:, that is a good thing. tom: i think it is europe, the tension of core europe with prosperous europe and are struggling europe is tangible. jonathan: and there has been a groupthink, the diverse views on the european economy often criticized. i think i agree. futures up half -- .5%, ramone, julian emanuel in the next hour of evercore, base case for 400, a bear case of 2900. this is bloomberg.. ritika: keeping you up-to-date with news around the world, the european central bank expected to from of its plans to exit negative interest rates, likely to end asset purchases in the coming wee

among them janet yellen and larry fink.t is retaliating for what he calls constantly-expanding sanctions. hong kong will not tighten coronavirus restrictions before the cities handover anniversary. that is according to carrie lam. there has been speculation that xi jinping might attend the celebration. hong kong's covid cases have been rising since the city began rolling back social distancing rules. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i'm ritika gupta. this is bloomberg. guy: guy? guy:thank you very much. alaska airlines is on a new journey. i-5-part path to net zero emissions by 2040. joining us now from the upside is ed ludlow. who was there today with the ceo of alaska air. ed come over to you. ed: we are in crystal bridges museum, downtown bentonville, arkansas. we are surrounded by flying things. these are battery electric future flying autonomous ride-hailing technology. you are laughing at me, but your goals are n

democrats already worried about the odds are facing going into the midterm elections let's bring in lauren finksed munication direction, wait to see you both tonight. >> good to be here. >> so this is how the ap puts it , more than 1 million voters switched to the gop, nowhere is this shift more pronounced and dangerous for democrats than in the suburbs were well educated swing voters who turned against the trump republican party and the last few years appeared to be swinging back. aaron, what you think of the ne specs. >> it's great news for republicans freight you continu to see in impressive ground gam from the republican national committee. they are meeting voters where they are in a targeted smart approach to registering voters, they are meeting them at gas stations, voters are reminded every day, gas prices were lowe when republicans were in charge they are meeting voters at grocery stores were there thinking it was a lot easier to get every grocery i needed when republicans were in charge. it's a smart targeted approach. still a large hill to climb where republicans are still underwater

laura fink and a democrat campaign consultant. mark, i will come to you first to get your reaction to what i just read. >> in one case i think the "washington post" is correct. they admit democrats will be defeated soundly in november but i think they are misreading how that plays out into 2024 and thinking that a republican victory will lead to joe biden's reelection. it worked for bill clinton and barack obama. joe biden is neither of them. he is more like jimmy carter and will suffer the same fate. you look at the similarities between the two times. >> harris: laura, why do you think certain members of your party and use the patrick maloney example, where one can really help you, the progressive can't really help you in terms of keeping and picking up seats. why would you choose somebody farther to the left who can't help you? >> this seat isn't a pickup. we had redistricting in new york. maloney, it's a sign on the democratic side we aren't afraid of a healthy primary and true for sometime. that's how aoc got her seat and chal

this week's cnn heroes salutes lucy fink, a breast-feeding mom donating her excess milk for babies inine audience. >> my son is now 12 weeks old, and he eats four times a day. it was actually my tiktok and instagram followers that alerted me that i had such a drastic oversupply of breast milk. pumping from the start was a big mystery box for me, and i know that it is that way for a lot of other moms as well. ever since having milo, i would share a lot of content about my nursing journey. i would always express milk one or two more times in a day than he was actually feeding. i googled how to donate my breast milk in new york city. it was easy. it was fast, the whole process was so incredibly rewarding and especially now with the formula shortage, it's needed more than ever. >> to learn more about her efforts, go to cnnheroes.com. >> announcer: cnn heheroes is brought you by subaru.u. love, it's what makes subaru subaru. when it cos to longevity, who has the highest percentage of its vehicles still on the road afr ten years? subaru. and when it comes to brand yalty, who does jd power r

time, chuck, the gloom is palpable you're on the board of blackrock which is a great company, larry finkest -- one of the greatest in the world when you talk, is anybody saying, you know what, this is a sgraut opportunity and russia will solve ukraine china is going to join the council of nations and this is the moment for the u.s.? does anybody say stuff like that or too polyannaish >> you know, the reality is there are a lot of complications in the world i had my board meeting and we talked about a lot i think those are things that are going to stay with us. but, you know, i believe that the world has been so complicated for the last decade and we've had geopolitical tensions on a constant basis, trade wars, pandemics, social justice reckonings and inflation and i think that customers in the enterprise space, the consumer is a different issue. enterprise space, this is just kind of normal for them and they -- i don't think they overreact like they might have 15 years ago where you cut off spending because they realize that six months or 12 months from now the need for the infrastructur

black rock's larry fink telling bloomberg news he expects price toss stay high for years. >> now there'sth us for a number of years and it's the type of inflation that i don't believe the federal reserve as the policy or the tools to do much with it right now and i'm personally not blaming the federal reserve for where we are right now, but i believe most of the problems we're living with today are more policy generated and supply generated. >> add to that a democratic member of congress is speaking up about the damage inflation is causing to many american families arguing in a "new york times" op-ed there is way more that biden can do to lower prices. joining me right now is the author of that op-ed democratic congressman ro khanna. thank you for coming in. you say that you support the ideas that president biden is putting out there and pushing to try to help lower costs in people's lives, but you also think there's way more he can do. like what? >> kate, we need an all out mobilization to lower price. every day should be that we're running through a brick wall. here is what he could do

. >> you know, your customers, i know 'em all, larry fink from blackrock, he's been on liz's show, jamiem or maybe they're noting asking or maybe they don't care, the biden administration doesn't care what -- >> no, they don't ask because they are in power, and they think that they know it all. i think they should be more humble, admit when they make a mistake. look, this policy does not work, let's try something else. i think it happens to george bush sr. the first time that he changed the policy, he changed people not in time. when something is not working, change it. go back and try something else. but they just continue with the same ideas, same thing. but we, as small business, they should be sending people and saying, hey, what do you think? a little bit of this, a little bit of that. but they don't because they think they the know it all. >> you operate in new york city. mayor adams said he wants people to come back to the city to go back to work. we obviously have a crime probable. -- problem. what do you think about him telling people to come back? >> i think when i heard that h

and laura ipg fink, democratic strategist and commentators.hearings are partisan, absolutely. but the media say the testimony was powerful because with it comes from republican state lawmakers like rusty bowers who campaigned with trump, wanted trump to win. your thoughts. >> well, i go back to what jonathan turley said. everybody, all those republicans were telling you the inside story we kind of knew about. we knew who the lawyers were that were telling us and telling trump that the election was thrown, that it was not authentic, that he did not -- that he actually won, that they'd been cheated in georgia. we heard about arizona, we heard about problems in wisconsin, but we saw no proof of it. so this is almost a dramatic recount of it edited together because you only have one side of the story. that's what this is. i'm not saying it's not factual, but i think, clearly, kevin mccarthy made a bad tactical error by not putting -- if they didn't want jim jordan involved and congressman banks, i get it. but there are plenty other talented congre

. >> this week, cnn heroes slights lifestyle content creator lucy fink, a mother donating her expressd he eats four times a day. it was actually my tiktok and instagram followers that alerted me that i had such a drastic oversupply of breast milk. pumping from the start was a big mystery box for me. and i know that it is that way for a lot of other moms as well. ever since having milo, i would share a lot of content about my nursing journey. i would always express milk one or two times a day more than he was feeding. i googled how to donate my breast milk in new york city. it was easy, fast, the whole process was so incredibly rewarding and especially now with the formula shortage it's needed more than ever. >> to learn more about her efforts and see more adorable pictures of her baby, go to cnnheroes.com. >> this just in to cnn, pennsylvania democratic senate nominee john fetterman is speaking out about the stroke that he suffered last month. he says it did not come out of nowhere and that there were big warning signs about his health that he left unchecked. >> he writes in a new sta

he speaks his mind, you know, most of these guys i would say with the exception of like a larry fink dimon, are highly, highly managed by their pr team so he's not. i don't even think they have a p r team i wonder if they have an investor relations department or a corporate communications department so he puts out these edicts and they could be taken 15 different ways i'll say this about what's going on just a general statement. companies throughout america right now, throughout the world, are grappling with this issue of coming back to work. i mean, and whether employees should work-from-home or not. it's maybe the biggest employment issue that when i talk to employment experts and i'm talking to head hunters that's all they're talking about people say can i work-from-home? liz: well you can't if you work at an auto company on an assembly line. charlie: well that's different, what he's talking about here is the staff. the engineers and people like that. liz: okay. charlie: can they work-from-home and this is one of the biggest issues facing every company. now how do you remedy this

. >> rahel, one of wall street's top ceos, larry fink of blackrock, says he expects prices to stay high for years. take a listen. >> now, the greater recognition that inflation is not transitory, it is probably with us for a number of years. and i'm personally not blaming the federal reserve for where we are right now. but i believe most of the problems we're living with today are more policy generated and supply generated. >> is that the consensus view? >> i think in terms of how long inflation will stay, it's even the fed's view. even the fed's own projections is that inflation will remain elevated above its target until 2024. so it is likely that inflation will remain with us for some years, perhaps not as high, hopefully not as high. in terms of supply and demand, it was a perfect storm. you had on the one hand supply chain issues because of the pandemic. on the other hand, demand that came in stronger than many people expected. some would even say perhaps because of stimulus measures out of washington. i think in terms of what happens now, even federal reserve chairman jay powell h

it's like larry fink ofeoeo blackrock who decides i don't want to do lar this right. bl >> marlo oaks hard to believe that man is the treasurer off the state of utah. they are fortunate to have him . that conversations and tucker carlson take tomorrow, 7:00 a.m. on fox station. absolutely worth it. soon democrats are desperate ahead of the upcoming midtermste . we're going to get a and they know it's another blaming the inflation they created i insurrectionist on january six , not make it up, larry.tiey summers said that he reportedly is smart, unbelievable quote. we got it long before bass pro shops was a household before we sold boats and gear for hunting camping before the two shelves of tackle in the back of the family store before the early mornings, the short nights before the first road trip, even the first tournament before all of that there was fishing. there was only about this father's day. here's to your dad. selling your home is expensive and stressful. so we created our smart solar system to sell your home for top dollar and save thousands in commissions

so with us now for more inside his lieutenant dan fink with the san rafael police department.ood morning to you appreciate you joining us today . thank you. alright, so let's start with with the program that you all just had in san rafael. how did you have to think of july 4th? how did that program work out for you guys? it was really effective on june 4th. we had a gun buyback for about four hours. we had 552 guns turned in. also of those 5 52 14 were illegal guns and four of them were ghost guns. so we are very happy to get those off the street. illegal guns, huh? and are they used in investigations when you when you find them? do you kind of trace them back to see if they were committed in any other crimes? if we can, we will run the serial numbers and see what's going on. i think two of the guns that were turning actually had the serial numbers filed off a little bit about what that might have been used for. exactly exactly. all right. so one main issue for gun buybacks, reducing criminality and suicides. is there a marked impact on these two issues in marin county? based

how does your act affect blackrock which is the largest etf provider and obviously larry fink has hisright. and what hypocrisy that larry fink and blackrock is urging investors to double, triple down into china which is committing genocide, talk about social issues, versus american energy companies. the patriotic position would be to support investing in american companies, not chinese companies. but in any case, there should be freedom in allocation of capital and a no asset manager, blackrock or anyone else should be putting their political agenda ahead of the retail investors, the assets of whom they manage. so that's what our bill does. this is a multifaceted problem, though. we need proxy advisory reform, we need to look at the stakeholder capitalism and holding directors and officers accountable to prioritize shareholders over these non-investor stakeholders. so there's a lot to this issue. but at the end of the day i think this esg movement and the regulations from the biden administration that come with this is one of the greatest assaults on the free enterprise system and cap

the great larry fink, i really love, has outlined a path. and you know what, you haven't done it.n't just said, okay, listen, guys in the permian, oil is at 120, we know you're returning money to your shareholders, we need you to do what's right in return, you need pipe, natural gas would come down if you had pipe your number is about the amount of pipe. if we can keep the price of oil down by exporting it and get oil down into the future, you know, it's a win for you, but what are you afraid of? are you afraid of being seen with guys who are involved with fossil fuel? are you afraid of the president going to permian rather than saudi arabia come on, man, come on, you know the real you know the real. you know what has to be done you're a realist. >> let me tell you what the president has done the president traveled to europe, and he said, i am going to increase natural gas exports to europe over the course of a couple of months what has happened, natural gas imports out of the united states are up 20%. the share of u.s. natural gas going to europe has doubled. that's happened over

not even larry fink at blackrock, the aforementioned blackrock believes that.his. >> great to have you both. we'll have to do this again soon. nice to see you, happy charlie. >> so happy. >> sandra: you never know what you are going to get. >> you notice i did not say yes, i want to come back. >> sandra: we know you meant it. thanks to both of you. john. >> john: standing by for the white house briefing. actor and uvalde, texas native matthew mcconaughey is expected to talk about guns. we'll take you there when the briefing begins. >> sandra: and progressive d.a. chesa boudin's job is on the chopping block. manhattan institute senior fellow rafael mangual will join us on this. >> john: president biden slammed for waiting until almost 9:00 last night to mention the anniversary of d-day, and by the time he said something it was already over in normandy. last year there was no message. what's behind the apparent d-day snub. >> he would not even recognize the 13 fallen who died in afghanistan and perished during his state of the union address. what a gaffe to not r

wall street, academia, sports industries, investment firms like blackrock and larry fink and down theterally sending our tax dollars to their military build-up so that they can take over the world in line with their vision for the china dream. maria: well, look, you have to talk about policy in that regard because right now there's this wide-open window for mutual funds for the thrift fund, the 401k for government employees to acquire chinese stocks. and, you know, the policies are this administration's policies, allowing individuals to buy chinese stocks even our military men and women. those companies are very well the companies that are going to turn around and be part of the chinese communist party overtaking the united states and then you've got the china initiative going away. you've got this administration wanting to alleviate china of the tariffs that trump put in place so no matter how much we talk about the behavior of the ccp, you've got to look at the white house to see how they react to the ccp and it's just a constant doing what china wants, why? >> well, that's great, i

because it doesn't seem like it's a tough concept in fact, at time when is we've sp spoken to larry fink ways for people to have a vote >> so far in our conversation i've gotten the sense that they accept that we have a strong point here i think larry has said publicly that this makes sense. operationally there's some challenges, we don't expect the average retail haveinvestor is n to be making a decision about every conceivable proxy vote that he could cast but there are mechanisms by which a person could inveselecta default. i think the leadership of these firms are going to work constructively they'll certainly work constructively >> esg, do you think that, okay, it a it's going up. do you think it's a tree that grows all the way to the heavens? or people feel good, i guess but are there, do they outperform other indeces and are there negative unintended consequences, like what we've seen with defunding fossil fuel production >> take your pick, there are huge unintended consequences but sure, i think there will be a correction at some point, joe. most investors don't want to use their

is a really important idea that you are talking about, because right now, you have folks like larry finklars of exchange trade funds, and he is voting like tip environmental police said what recently in interview i don't want to be environmental police but that is what he is doing, shifting, his votes to where his policy favorites are. >> yeah, there is -- three big asset administration blackrock is one of them, three of them combined tremendously dominate there is largest shareholder in 90% s&p 500 companies, enormous influence because of the votes they cast. and the tlaetsdz they could replace a board of directors if they wanted, three individuals should not have that kind of power that should be in hands of american people whose money actually has gone to apply those stocks that is all we're trying to do. maria: that speaks exactly to your legislation. so thank you for that your take on gun legislation mitch mcconnell increasing gun control framework agreed on bip you a group of you bipartisan senators where are we on that. >> working on details, there has been an agreement on the bro