horton or dr. horton >> yes, dr.this is a related trade on the 30-year treasury what do i mean by that there's a lot of traders out there trying to go long treasury or home builders with the expectation that the fed is going to cut sometime early next year i know it's crazy, we're talking about the fed cutting rates that they haven't even hiked yet but that's the mentality of this market home builders will be a big recipient of it. so i think i'm all for home builders it's not really my clients' tcu of tea but if you want to do this trade, buy a quarter of what you think you want to buy and start waiting for it to make money i'm concerned we might be a little early to home builder and early to things like the nasdaq, but it's time to dip your toe in come on. you've seen the nasdaq this week we're down 20% in the s&p, 30% on the nasdaq. i think you can just buy anything but just be cautious with d.r. horton. >> so you're going on a dollar cost averaging basis, buy a little now and see what happens, a little more in a

we're really excited to be doing a lot with james horton story. not just right now when you can visit this cool painting daily here more about later, but also in the future we've got exciting programming and exhibitions about the fort and family coming up, but i don't want to steal any of that thunder. i'm gonna let you ask questions of kalala and and nathan later, so feel free to drop your questions into the chat either during the performance or afterwards when khalila will be moderating a conversation and selecting some of those questions for these guys to answer. so without further ado take your seats and meet james fortin. william my dear brother-in-law so this is the commerce ready to take us to england. it's almost time to set sail. a new voyage a new opportunity i know this kind of journey is familiar to you, but this is a new adventure for me. this this is my home. dark lord the noise of the wharfs the mingling of different accents and languages irish german west indian west african british i've spent years watching the arrival and departu

horton, bruce robinson. and we're all right when i run a range of $54.00, all america is unique among the nations of the world because we were not built around any particular tribe, religion, or ethnicity. instead, we were built around an idea that all people are created equally and deserve to be treated equally throughout their lives. for as long as the u. s, has been making these claims rush has been wincing at them with skepticism. by then, america's ego had t to jazz were expected at the least the, you and chief speaking in moscow during a meeting with none other than vladimir putin. it's very important, even in these moments of difficulty hip allies, the values of multilateralism. we neither, whoa, that's who's multi paula with multi level institutions. and thus multilateral institutions must devise by the un chartered and by international law. sure. the head of the un may have been repeating something he'd 1st postulated at least 3 years ago. but this latest statement came as a sucker punch to washingt

gold star parents, joseph, david horton and amanda jacobs ballard joined me to honor their fallen sonu, thank you for joining us this morning but most importantly, thank you for your sacrifice as well so that we can live free and safe today. chris, i want to start with you, there is a scholarship that you have been putting together an memory of your son, charlie. tell us about that. >> well, i just wanted to say i am a mom of two u.s. navy seals. i'm a proud mom one from iraq, and i'm just very thankful for your show. and to people in this country so that they understand the veterans day and this memorial day for the one who got home and the one who didn't. it warms our heart to do this for the family. a 7-year-old boy who put a navy poster on the wall and said that's what i want to be and he did it. >> ashley: what do you want america to know about your son? >> he was a strong boy and became a man and the most patriotic son could ever have. he gave his life for our country. he believed in so many wonderful things and save so many people on that day may 3rd. it is a tough day because

scott horton, i will start with you.echnology and we've been head of this election for a long time. why are people freaking out? we are all going to have sex robots in a couple of months. >> i'm sure that will appease giant portion of the population. but i don't think we need to fear robots could ever be as smart as humans. i think you have to redefine human intelligence, dumb down in a way, your understanding of humanity to compare silicone wafer to it, not everything is measured quantity or not. we can have sophisticated software and algorithms and hopefully droids to help us a reasonable prices without being enslaved by them but our pentagon just like in terminator, terminator three i guess, not the worst one, for was the worst one. terminator three where they show how they turn over nuclear weapons and the rest of the pentagon turnover more and more of their systems not just to automation, ai to make final decisions on pulling triggers and they are doing that now in africa and other places. our humans dumb enough to

care for more color is for use lawson wrong or she coach of sir newport coverage in so he flores horton, u. v. g called girls brochures coming to us. walters. lydia? yes, you did this notice, but oh yeah. of what we just normally or yeah. that was is good. yeah. yeah, that was what i had joe v installed. they did you change your stuff? who says he's moved to peters revise the unable to lunch. so my night at the other school near to chim. my brain strides and niche lavish, just focused part machine. you know, the shame, like i need to go out here with michelle in. you said he was gone. yes, but i'll leave it was try. i would see what, what i need but i will just not able to watch. you're going to probably to talk with them when you that so that a good article or no doesn't put on style and go to one. you pick lynaya dorm is still in graz, showing a shilling reveal about almost ottoman the sheila rush has gotten great graham with you about the loan dealers for weiss capital provides a 1000000 millennium zacotta criteria tax. when you can watch, annabella, pro, fire many quoted for chaff m

so you florida horton. you he too called girls chris john cornel from alderson. yeah. yes you did this not yet. but oh yeah, of what we just normally or yeah, that was is, could you if there's one word i had you go via install that you do to show stuff who says reason moodle to the device be unable to lunch. so my night at the other school meal shem, my break strides and niche lavish is just focused on my saying, you know, this is a shame. like, i need to go out here with michelle in. you said he was gone. yeah, it's part of oliver, knew it was try, i would see what, what i need but i would never go to west. you're going to probably get back with them or no. doesn't put on style and go to one you perfectly know, dorm is still in guy was showing the ceiling wheel up. i don't was an ottoman the sheila rush has gotten credit problem. a problem when you deal with why scott provides in the selenium quote required to talk to connie, because my china barbara tire, i need the zip code of the chest, the sector. uh no. do you have any weight torch cab? creepy. to cut off the man

you put coverage in so you flores, the horton, u. v. you called girls christian criminals. walters william. yes. said the floaters. but oh ye of what was just none. yeah. or yeah, that was his good. yeah. it says he did. well, i do. i had you go via install that you do to show stuff and he says he's moodle to the device. be unable sledge, so i still would mute shem my break strides. and niche lavish, just focused on machine. you know the shame like any degree of michelin you? sunny was gone. yes. oliver knew it was time we'd see what, what i need. but i would never go to watch again, but i wouldn't talk with them or no, doesn't put it on style and go to one, you perfectly know, dorm is still in gravel show machine. you're real up. i don't was an ottoman the sheila rush has gotten great brian a short while. don't you deal with why scott provides for me in the selenium hoyt required to talk to connie, because my china barbara tire. i need the zip code for the chest, the sector. uh no. do you have any weight torch cab? crepey doors got all

so he flores to horton. he he called girls brochures criminals. walters media usually did the floaters. but oh yeah, of what was just none. yeah. or yeah, that was his good. yeah. yeah, that was i do you go didn't store they? did you say your stuff who says reason, moodle for peters or vice? unable to lunch. so my night at the other school near to chim. my brakes. 20 a guy. it's a niche lavish, just focused part machine. you know, the shame, like i need to go out here with michelle in you. those 20 was gone year. if possible. i'll leave it was try. i would see what, what i need probably just not able to let you know grain that but i want to talk with them when you that so that with him, with no doesn't put on style and go to the one you put lynaya. dawn is still in, grabs, show machine. you're real about almost ottoman, the sheila rush has gotten great graham with her usual. don't you deal with weis copy to provide some in the selenium quote required to a tax pony because watchable a pro fire many does accor

how can we stay focused on what is horton shaking tomorrow now exploring opportunities for media professionals in times of crisis. the global media for june 2020 to your ticket now with ah, ah ah, there's a deed of the news live from berlin, ukrainian soldiers, levy as off star steel works in mario poll busses carrying wanted service. men have been leaving the plants where they've held out for weeks against the russian onslaught. does this mean the siege is ova, also on the program? turkish president, wretched type err. one says he will not support them lunch on sweeter than joining nato. accusing both countries of harboring terrorists plus a major set.

but mr horton doesn't allow me to be this the subject you want to take. you want to get all those hadn't got us on the hook and what p q q b, and you still have these hoops on all those welted people? how vulnerable is poosey now to the people who he works with inside his in a circle? who's waiting in the wings in politics i expected was the same and your government, someone is always waiting in the wings. and if not, someone has been picked by putin, they're likely to be just as ruthless as he is. is that the case? there is no one who is, who is strong enough, who supported by others who is capable to round the country. mister william, just deliberately just create such a situation that they will not be any of these about a plasma for him. and the propaganda explained to rational people as the case only fortune. and that's why just half a population asking the question just who is if not point to, that's why whether they liked him or not. but they, they forced to support him. how much credence do you give to the reports of putins, ill health? in the last

they were detained by the guards of the natural park horton plains in their pockets they found severalsects one of the russians, scientist alexander ignatenko claims zhukov collected for scientific purposes that their export was prohibited, he did not know accusing that we are poachers, that we kill animals, although in fact, we didn’t do anything like that , the rostovites returned to russia. they could only after paying a huge fine for another anti-heroine skaz. balli became the daughter of a famous russian tennis player oles kafelnikov, she arranged a naked photo session on an elephant of a rare breed. what caused the condemnation of the islanders, but in her case, the case did not go beyond negative comments ; luck can also be called a punishment for the family of faslev yoga lovers, but initially they wanted to initiate a criminal case against them under the article of distributing pornography, and this is up to 6 years imprisonment of the sea temnikova dmitry kamsky victor nosov irina kurkova all duty part of our program is always available on the media platform. we look at the s

the champions league trophy broke the leap season, scoring rec horton was twice crowned best mans, este men's player. now on the international duty with poland, lemond dorski has spoken publicly for the 1st time about his desire to move. a disciplinary in law has a mind he thought else, one thing is certain to day. my story with bye and munich is over you, but was also putting chickens over the after everything that has happened in recent months, i cannot imagine having a good working relationship any longer to reach his license. to go brothers am, i realize a transfer will be the best solution for both sides and that is wrong. i believe that by and will not stop me just because they cancer dozer as a by of knew that saw me look a lot that goes amazon. and remember you cranes, you revision song, contest winner scholarship orchestra. they have just auctioned off their witness trophy, the glass microphone fetched more than 800000 to your rats. the money will go to buy equipment for the ukranian army. kalish orchestra won the contest last month with their song, stephane ja, mixing, hip hop

lot of john rudely revise. such limitations goes on businesses and consumers and lead to lawless horton. ross much thank you so much for your insight. richard richard siegel is a reach research analyst with the london based financial institution, ambrosia capital. thank you for joining us on counting the cost now as temperature, sword to an old time high in india. so did the demand for electricity. but due to the countries worse power crisis in 6 years, air conditioners machines and lights have been switched off for long hours during the day. the main reason for the shortage, not enough coal. the fossil fuel accounts for more than 70 percent of the countries electricity generation. and india is the world's 2nd largest producer and consumer of coal. but socks are said to be critically low in $108.00 of it's $173.00 power plants. imports are becoming more and affordable as the war in ukraine drives the prices of coal and natural gas. up joining us now to talk more about the power crisis in india is the booty gog? who's in you delhi, she's in the lead energy economies at the institute for

the forwarding and the way that she had of bringing to light reality of israel. brutal occupation horton is that your man accountability from israel? i must be said over and over again. should he and would not have been in jenny and had the israeli army not been in june and they are 100 percent responsible for her murder. they know when we know it, and these attempts to try to hi to obvious day to pretend that if somebody else is baked, pause for an investigation. we've seen this time. and again, what now must happen is that israel must be held accountable. we've been saying that the time and time again should be in is not good for us to be killed by israel and i, i fear that she's not going to be the last either. it's no time for accountability and we must demand that israel to tell the count because it is who is responsible for this is what it means to live under a military occupation, is that they try to control your happiness. i need to try to control your morning the fact that they were fighting with more nervous that they were shooting sunburned, a job and that they were beating th

okay. gosti does not discriminate whether you like mr. horton or mr. bite. he doesn't care. this is about music. this about us. the managing director of one of the world's biggest opera houses has boasted up to 2 russian prank colors of being one of the 1st to band. russian artists from performing sergey dorney has discussed the bavarian state operas suspension of this quote. and very good friend of the larry give in his call with renowned russian pranksters, lavonne and alexis those players deal. last i did see i was the 1st to suspend russian artist 2, a closely associated with russian propaganda use of. and despite the fact that he is a very good friend of mine, he's my suspended, the orchestra director, valerie gurdjieff. and this was despite the fact that we have known each other for 35 years, i also suspended our pricing and a trend co and some ballet dances who are very close to the regime. this is outrageous. i think this has no place in culture whatsoever. exactly, because we can only look to classical music. i don't talk about wedding marrow. it's the most non viol

you can see, all of them parked as all business ers have lent their support to the strike or the horton. now it's millions of rupees worth of business that these people are foregoing. but they say that they have to take a stand to lend support to the campaign to send the raja boxers and their government home. movement has been restricted in china's capital for 3rd day. as it tries to contain the spread of coven 19th subway stations and bus routes of shot down across parts of aging. huge numbers of people accusing for tests every day. the city of $22000000.00 is trying to avoid a shanghai style for lockdown, which has lasted more than a month. and the outbreaks have forced the postponement of this year's asian games, which would be held there. shanghai organized, his felt, could still go ahead. but the olympic council of asia decided it was best to delay chetry. you tells us more from beijing. the asian games were scheduled to be held in the southern city of hong jo in september. now this is a major international sporting events. second only in size to be somewhere olympics organizes her

all united allens on the cards, new database leg, optum horton, me. what do you think that achievement think will teeth of a vice versa get equal rates will get better and better hospitals just to wishing open game she'd frame was once the political face of the irish republican army that waged a decades long conflict with the british army and pro british loyalist paramilitaries. its electoral success will have struck fear into the hearts of many unionists who already feel marginalized by westminster handling of breakfast negotiations with the e. u. and a new trade border in the i received that they say undermines northern islands place within the united kingdom that need to get a we call my. nobody wants to shouldn't be a minister in the union. the people don't want to be a minister coach for 1st, 1st and foremost, if we have a day and you're going to call for a border poll, i don't know if there's even a question mark over whether the democratic unionist party leader will take up his position as deputy 1st minister behind, she feigns michel o niel. j

but yes, you know what i find absolutely. horton's is the fact, but there are now some mainstream major outlets quickly in front. that is, and i think the new york times is address the war crimes committed against russian prisoners of war by the ukrainian forces, particularly the as of an either battalion, for example, some of her reading to torture of the pale job usual suddenly the videos that have been circulating here instead of course we see a very civilized operation, despite the fact that these are the same nazi brigades that have carried out if not the same soldiers, but the same brigades that have carried out the trustees against russian soldiers against civilians. of course, let's not forget that ukrainian civilian. but here we see russian soldiers a tearing to international law to geneva convention treating these as of brigade soldiers and ukrainian forces with medical treatment, taking them to hospital, treating them with their respect and dignity that was not given to russian, peo, w's and the fact that was the major is ignoring the difference in the behavior of both sides

and this is just following the signing of a controversial security packed with horton honey ira. in april, now, speaking from their firmness to juanita, he said that the solomon islands had gained a sincere and reliable panels. since switching diplomatic ties from taiwan to beijing in 2019. and that he hopes that china's burdening relationship with the solomon islands may or may be a model for other pacific island nations. now as he leaves, he will go into as i said, 7 other countries including vent iwatsu, some mala tona, and according to elite document, you will essentially try to extend that security pack that he made with the solomon islands earlier this year to 9 other countries in the region and this would be very wide reaching according to that league, essentially in exchange for millions of dollars of a that will go towards infrastructure development, climate change projects. it would also give china access to natural resources, access to deals on cooperation when it comes to dasa and information sharing and password is more content concerning to the other countries in th

we saw strong support with tom horton's in canada bk international was up, bk u.s.lat, but we continue to gain traction versus or competition 1/2 u.s all in all, a positive performance for the quarter, and confirmation we're on the right path the other people that i think is important is weren't able to contribute because to shareholders with significant capital through the first quarter, both in terms of dividend and well as share repurchases. so all in all, a positive quarter, and momentum on our side >> talk to me about, we mentioned the inflation train we're all trying to ride characterize for the time being your prizing power relative to where you think your costs are, not just today, but where they're going later this year. >> yeah, this is a very delicate balances act that we take. we look at it from a guest perspective and we look at the competition as well. all in all, we see consumer behavior consistent with what we saw throughout the pandemic. there's a lot of concern around inflation, but we also understand that food away from home inflation is a bit low

music to the ears of robert horton who oversees the airport's environmental affairs. >> this is one link us to get there in of itself is not going to accomplish everything we need but it is a starting point to help transition us >> reporter: the challenge now convincing other paairports to take part. a tall order but one they say technology is in order for for the news, i am morgan chesky >>> 200 million years old fossils stolen, and now the park rangers are on the hunt to get it back. here is a look at the prehistoric rock, they're dating back to the period somebody swipes the fossil from a national park in utah, sometimes between august 27, 2018 nobody knew who took them. officials offered a thousand dollars for leading to the thieve who word on why it took ranger sos so many years to discover the fossils were missing >>> a bill to protect abortion right failed this afternoon in the u.s. senate. all 50 republicans and joe manchin voted to tank it democrats needed 60 votes just to advance the bill. >>> a new report found at least 500 indigenous children died in native american boarding

tim horton's! >> stephen: when we come back, i give the "colbert questionert" to josh brolin. ( cheers and applause ) to josh brolin. ( cheers and applause ) ( band playing ) what's with the double mcnuggets? oh, this one's my backup in case something happens to the first one. mmm. see. buy one favorite like 10 piece chicken mcnuggets and get another for just a buck right now at mcdonald's. every once in a while my heart can feel, a little off. and even when it doesn't, i like to feel good about my heart health. that's why i have kardiamobile. kardiamobile is the only smart device in the world that is fda cleared to detect the three most common heart conditions in just 30 seconds. and having one in your pocket not only gives you peace of mind, the doctor will thank you now. kardiamobile is proven to detect atrial fibrillation, one of the leading causes of stroke. it also detects bradycardia, tachycardia and tells you when your heart rhythm is normal and it's available now for only $79. you can use

horton and k.b.lus shipping and railroad companies are down again today and having a terrible week. what do these freight fears teul about the economy that's still ahead on "power lunch. >>> welcome back to "power lunch," existing home sales fell for the lowest month in april while prices don't show any signs of coming down diana olick has the details. diana? >> both higher mortgage and sales are taking their toll on existing home sales which were down 2%, down 6% from a year ago and the slowest pace since june of 2020 and that month was artificially low because it was at the start of the pandemic before sales suddenly took off the supply of listings continues to weigh on the market down 10% from a year ago, but rising interest rates also now factors in these sales numbers represent closings so signed contracts in february and march when rates were rising, the average rate on the 30-year fixed mortgage started at 3.66% ended in march to 4.78 and it is hovering around 5.45 which is why the chief econo

anne-marie horton is at the courthouse. what is the latest from the supreme court?et a response from the supreme court and justice roberts about what this means. we should note this was a massive, dramatic turning point last night and this morning. you saw

the ecosystem services markets in by diversity. horton, calvin green tourism genetic missile says the ecosystem market place invented this matrix to show the potential for growth in these new el dorado. for instance, 10 percent each year for biodiversity markets, 55 percent for carbon data le let to release a cold capital. no. is another the kid it is it kick sylvester, incorporate elena trellis as he comes in, could put all at the can a little here while mackie nadia butter i swiss with dilly silas. but i am. but did you have the name martinez? him s is lucas on this young, estelle lucas? ah, with a not that crazy. they just have a business oriented my. i'm the belief that markets can solve the environmental crisis. the idea is gaining ground slowly but surely convincing a growing number of people. but this idea didn't just come out of the blue. it's been what tom and shaped for over 50 years. law decisions were some thanks us on cas itching this little devil say they like restaurant young auto. yet touching still, he did rewards on the, on of all, for like anything like any delay or

horton down 7%.rs have fallen in 16 of the last 18 tightening cycles who can weather the storm? ken has been warning us about the effect of tightening cycles. are you feeling like you're anywhere closer to the sector being a buy here >> no. in short, our wall of worry thesis, as you noted, 16 of the last 18 cycles back to 1969, the stocks did fall 30%. that did not include a recession. as niall highlighted, we are ask youing towards trends that we saw in the first half of the '70s, not the second half of the '70s and it's not priced into the stocks yet because they don't bottom until the end of the credit tightening cycle. >> we are, wouldn't you say, about 30 manual count off the highs? how much further is there to drop for the builders? >> well, more is obviously our baseline assumption, because i think the recession and really stagflation is really starting to come in we did downgrade some product names last week. we're seeing low to no volume, rising prices, which is really a function of price de

the top of the list is a couple of home builders, pulte and dr horton when it comes to the s&p 500, it's not just tech but tech is big part of the discounted stocks >> really dramatic thanks for that. >>> our next guest has been miing meta making it his portfolio's largest tech holding saying he is looking to pick up apple if the stock falls further. jing us, wedgewood partner's cio, david rolfe what's the motivation behind the meta buy >> we think it is durable. it has been through tough times. the stock has been slaughtered i think at the valuation down here, if you are a bear on the stock i think you have to really make a case that the business model has been disrupted, it can't grow, that the share buybacks, large share buybacks down at these valuations which are at free cash flow yields that are very acreative, you have to take apart all of those elements of the story, at least in our minds, not to own meta. and again, as you mentioned, we recently bought it we suffered through it it is now our largest holding. >> are you interested in the long-term play of metaverse and reality lab

and they've been pretty beaten up already etf itb way down, and big names like lennar, pulte and dr horton down well over 30% year-to-date, and toll brothers, the luxury builder, they're set to report after the bell today, also way down we'll be watching toll for any comment on rising cancellation rates, which we're starting to hear more about now on both new and existing home sales contracts. back to you. >> all right, diana, thank you where does all of this leave the economy overall? steve liesman is here with new economic data out today and what it's telling us. steve. >> yeah, kelly, we had some notable misses in the economic data to go along with the big housing miss, suggesting definitely some loss of economic momentum it's just also the high prices and rate hikes are catching up with companies and the economy and potentially the consumer here flash u.s. services businesses activity index at 53.5 thunderstorm a four-month low. the manufacturing output index at 55.2. that's a three-month low now, note both still signal expansion of the economy, just at a slower pace richmond fed, thou

costs are up 19% they're concerned about delivering those homes on time dr horton was raising the revenue forecast, very bullish on the coming year now when you have 5.5% on the 30-year fixed and you are at around 3% at the beginning of the year, that is going to change the picture big time for housing. it's just affordability, plain and simple >> and don't fight the fed diana, thank you mike, how much bad news is already in the housing stocks? >> well, plenty of them if you look at valuations, but that's the whole problem because you don't buy deeply cyclical stocks when they look cheap on a p/e basis. housing is peaking that's going to mitigate some of the supply issues. i don't know that it's the epicenter from whatever the wave we get down here in the market, i doubt the down side leader it does show you there is more of a macro element to other parts of the market as opposed to just what yields are doing or people pay too much for some nasdaq stocks. >> we're down more than 4% we have about seven minutes left of trading no relief here into the close, down 1,200 on the dow jones indus

the matrix is the bible of the markets for ecosystem services. markets in by diversity horton, carbon green tourism genetic missile says the ecosystem market place invented this matrix to show the potential for growth in these new el dorado. for instance, 10 percent each year for biodiversity markets, 55 percent for carbon data. electron alyssa, gold capital no. is a number of other the kid this he'd get. so but that in got what eleanor to dallas as he comes in could put all at the can a little here while mackie nadia butter i swiss with the lisa left. but i am, but did you of then it madigan as it is, is look on this young if the locus ah, with a, not that crazy. they just have a business oriented monica. and the belief that markets consult the environmental crisis. the idea is gaining ground slowly but surely convincing a growing number of people. but this idea didn't just come out of the blue. it's been worked on and shaped for over 50 years. lad denise was on thanks us on cas itching this little devil. see, the, i guess you're not out yet, which and still he did was on the, on of

big names down 20% year to date and lennar, pulte and dr horton down 5% to 6% on the day and the retailersave taken a beating way off today and interesting that the home depot and lows not as bad as the decorator names and they get more commercial business from the builders consumers are likely pulling back more due to inflation and i want to throw that in there and mortgage lenders and loan depot which have been getting crushed on mortgage rates are also down big time, kelly. >> didn't we all know that higher rates were coming and we all also expected to be a 50 basis point move powell just potentially took 75 basis points off the table at least as for as the fed is immediately thinking, why such an extreme move in the homebuilders today that are so closely tied to the mortgage market >> that's because we expected rates to move higher, but not as fast and we started at a record low rate and we didn't expect it to move this high. they follow the ten-year yield and i don't think anyone expected it to be this high at this point and also there's the pullout from the mortgage-backed bonds whic