joining us is jason brady, president and ceo of thornburg investment.eshing as it might be to talk about something other than the fed and distressed rates driving sentiment, it is pretty much the only thing in town, what else might be driving markets? jason: in 20 hours or so, we are going to get the fed announcements. investors need to focus on the fed not so much as a primary actor here, but as a group that is reacting. what are they reacting to? the economic conditions that we see. for investors, partly the fed reaction function is earnings. we saw good earnings out of microsoft, a company that has an excellent future. is the valuation good or not is a good question for investors. but we thought we would see 2021 volatility. we did not because earnings rule into some of the valuations in the market. the fed in 2022 is reacting, not acting. paul: markets are reacting to the fed though. we have seen some wild gyrations. how accurately do you feel the market is pricing in likely fed moves? jason: the market is pricing in a wide variety of potential fed

focusing on companies that were punished for balance sheets in 2021 and should be rewarded this yearn jason bradypresident and ceo of thornburg management. did i get it right, jason, in terms of hough you are looking at the balance sheets? >> yes, look, you are looking at a market which in 2021 was much more concerned or interested in multiple expansion, and in 2022 it is returning to the idea that earnings have to support that multiple expansion frankly, in 2021 earnings did support a lot of multiple expansion. it was a great year for earnings but what we're seeing today is companies across a number of different sectors. obviously we can talk about netflix but, frankly, some of the banks are disappointing on earnings, and that's creating a weight and a move from kind of a hopes-an-dreams market to more of a where-is-my-cash market >> let's talk about some of the names you like not that earnings is not a big driver but it has been incredible you go back to jpmorgan or jefferies before that where we are seeing very large, 8%, 10%, obviously netflix even more of an outlier >> right jpmorgan is an i

. >> jace jason brady, thanks so much for joining us.get your zone-in stock pick what are you going for >> this is very consensus. it's another financial i started buying shares of the carlisle group recently. i have a small position but i'm trying to add to it. cg is the ticker i think that there is a possibility that this becomes an s&p 500 component this year. it's about a $20 billion market cap. it's smaller than blackstone and it's smaller than kkr, both of which are huge winners also over the last year. but it doesn't have that dual share class. and we know the s&p index committee doesn't like the dual share class. so i think carlyle might be the name they want to add. there's not one private equity firm in the s&p 500. that's a huge oversight considering how large this industry hasgotten i don't think they want to repeat what they did with tesla and let something become a trillion-dollar company before they add it. so, carlyle is as good as it gets in terms of quality the founders only own 30%. there's a lot of ownership, institut

producer kevin cider called brady senior who says this is all an unsubstantiated rumor that was circulated by an online publication. several to reporters have tweeted that bucs gm jason light says that brady called him today and said he hasn't made up his mind yet. it's also being reported that head coach first aerion said brady told him the same thing. meanwhile, a number of players across the league have been tweeting their congratulations to brady fans have been a frenzy and the brady camp has been silent. we will keep you updated on any new developments. all right, kyle and thank you. meanwhile, the forty-niners resting up in la tonight. >> to get ready for tomorrow's big nfc championship game against the rams. it's real simple win. >> go to the super bowl. lose. come on back home. we're live in la tonight. that's where we find kron four's kate rooney with a look at how things are going in. getting us ready for the team and what the vibe is like for everyone for the niners fans who have invaded l a >> hey, jonathan, will the forty-niners themselves are off today? no practice for them. so they're just getting locked and loaded for tomorrow's game. but for the fans

producer kevin cider called brady senior who says this is all an unsubstantiated rumor that was circulated by an online publication. several team reporters have tweeted the bucs gm jason light says that brady called him today and said he hasn't made up his mind. it's also being reported that head coach first aerion said brady told him the same thing. meanwhile, a number of players across the league have been tweeting their congratulations to brady fans have been in a frenzy and the brady camp has been silent. we'll keep you updated on any new developments on that major story back here at home. the forty-niners are resting up in la tonight ahead of tomorrow's nfc championship game against the rams. >> fans so not exactly taking it easy. >> kron 4 sports reporter kate rooney joins us live now from sofi stadium with the latest on the festivities today. hopefully some fun was had kate. >> hey kyla. yeah, it was a lot of fun. as you said, the forty-niners themselves are off today. but the fans not taken any time off today was almost as fun for them as the actual big game tomorrow the team hosted an la invasion in downtown la at la live. and for the fans who were here, it w

several tea reporters have tweeted that brady called bucs gm jason light today and said he hasn't made up his mind. it's also being reported that head coach bruce arians said brady told him the same thing. meanwhile, a number of players across the league have been tweeting their congratulations to brady fans have been going nuts and the brady been silent. we'll keep you updated on any new developments on this big story. the forty-niners hopefully getting plenty of rest a night out of the big nfc championship game. the faithful not taking it so easy. kron. 4 sports reporter kate rooney joins us live at so fi stadium. kate, what were the fans up to today? >> kyla no days off for the forty-niners faithful when he traveled all the way here to see the nfc championship. right. so even though the actual players were taking a little rest day to get ready for tomorrow's game today, most of the 40 niner fans went to an event at la live. tom's watch bar. they got to mingle with a bunch of other forty-niners fans. an iphone like chatting with them about what they expected for tomorrow's game. hund

when tom brady makes his retirement official, he walks away from the game not just as a legendary n.f.l. quarterback, but also one of the greatest athletes of all time. cbs n.f.l. insider jasononfora reports brady's decision has been brewing for a while. >> he was at a place in his life where he was leaning further and more deeply and more robustly into a future outside of football than he had ever considered before in his life. >> reporter: at 44, brady's records and accomplishments are almost too many to list. he leads the n.f.l. in all-time touchdown passes and passing yards. he won seven super bowls and earned five super bowl m.v.p. awards. is there any question that he'll go down as the greatest quarterback of all time? >> i don't know how there could be. i don't know what metric you're looking at, that doesn't lead you to tom brady. >> reporter: in 2017, norah o'donnell asked brady about his legacy. >> o'donnell: how do you rank yourself? >> i'm not good with, you know, things like that. so i-- i-- i mean, i feel like i've done a great job to maximize what my potential was. >> reporter: brady played his first 20 seasons with the new england patriots, forming an all-but

where other athletes are going to say, hey, maybe i can go alone and do this on my own like tom brady did >> jason harris with mechanism, thanks a lot >> thanks for having me. >> sure. >>> retail sales slid sharply in december the congress department reporting sales dropped 1.9% from november. far worse than the forecast for a 0.1% drop. booming prices a part of it. they took a bite out of the consumer retail spending this marks the first monthly setback since the summer and comes after a strong holiday shopping season that started early for many people. weakened online spending driving this decline, down nearly 9% last month >>> microsoft's board announcing it's hired a law firm to investigate how that company handles sexual harassment and gender discrimination complaints that includes allegations against the co-founder, bill gates. the move comes after nearly 80 of microsoft shareholders voted for more accountability. addressing reports of harassment last year "the wall street journal" reported microsoft board hired a law firm in 2019 to look into microsoft engineer's claims that she had a sexua

producer kevin cider called brady senior who says this is all an unsubstantiated rumor that was circulated by an online publication. several to reporters have tweeted that fox gm jason light says that brady called him today and said he hasn't made up his mind yet. it's also being reported that head coach bruce aerion said brady told him the same thing. meanwhile, a number of players across the league been tweeting their congratulations to brady fans have been in a frenzy and the brady camp has been silent. we'll keep you updated on any new developments, jonathan, but they may not come for a little bit. brady is said to be overseas right now. i'll send it back to you. all right. tom taking his time. kylen, thank you. meanwhile, this time tomorrow. >> we will know if the san francisco forty-niners will indeed play for the super bowl. >> or if they'll be making some vacation plans of their own. that's because they are set to take on the la rams in the afc championship game in los angeles. kron four's. kate rooney live for us tonight at so fi stadium in southern california with a preview and a look at the 9 or invasion in southern california today, kate. >> hey, jonatha

son hasn't made up his mind and a source familiar with the situation said on saturday, brady contacted buccaneers jasonision about his future. brady said last week after the loss of the rams on the podcast, him retiring would be a family call. quite the showman over the past few years. he has his own show, big time produced videos before big games. it could be a situation where brady, you know, he want to make this announcement himself and he has a special way that he want to do it, but we'll have to wait and see. he hasn't said anything yet. >> listen, andy, anyone who's accomplished what he has at the age of 44 and still considering that he might play, giving all of us 40 somethings some hope. >> if you were born in the late 70s or early '80s, brady is all you got in terms of older super stars to root for. >> fair whether he stays or retires. he's the g.o.a.t. andy shoels, thank you. >>> sad news to report. former miss usa cheslie kryst after she died yesterday morning. >> looking into the circumstances yesterday and cnn's jean casarez has been following the story. what do we know about the investiga

my husband, who you know well, jason and my husband grew up together, is like, you're just watching this football game because you want to see brady, and i'm like, i think that's true. >> i think a lot of wives were busted. they became football fans when the buccaneers were playing or the patriots. it's nice that you can admit that, though. it's all good. >> yeah. of course. because it's, you know, not feasible. it's not happening, so i can admit it wholeheartedly. jason kennedy, thank you. great to see you, my friend. thanks for jumping on. we appreciate it as always. >>> much more coming up, by the way, everybody, on this, including reaction from tampa and a conversation with former brady teammate daunt stall worth. >>> we want to go to massachusetts now where they are falling the brunt of this powerful nor'easter. more than two feet of snow could fall in the state before the storm wraps up there and it's already knocked out power for more than 100,000 residents. chris pollone is in boston with more on this, chris, they're dealing with this two feet of snow, no power, and on top of that, brady retiring, that's just another whopp

brady this morning for a. >> thank you benjamin appreciate it. rachel: always great having you. >> thank you. >> for sure. >> are at the sea of blue mourning the loss of nypd detective jasonlso deplete your coq10 levels. i recommend considering qunol coq10 along with your statin medication. the brand i trust is qunol. i'm ben affleck and i want to thank you for joining me and supporting paralyzed veterans of america. i joined the navy to serve my country as a navy seal. i wanted to protect the people i love and the country i love. being a seal gave me so many things, but i gave something too. while parachuting with my platoon, my parachute didn't open. i broke my neck. it left me paralyzed. i realized that everything i had planned for was now gone. paralyzed veterans of america was by my side from that moment on. since 1946, paralyzed veterans of america has kept a promise to our wounded veterans. we will never leave a fallen comrade behind. our vets need you. join me with your support. please call or go online now to pva hero.org. your gift of only $19 a month - just 63 cents a day, will provide the life-saving help our paralyzed heroes need now. with your monthly suppor