. >>> also coming up, fed watcher jim grant reacts to chair powell's comments that he cannot guarantee a soft landing as the federal reserve tries to bring down raging inflation. first up, stocks bouncing back for the day, still down for the week one notable change this week, bonds. take a look at the bond etfs the ishares aggregate bond etf and vanguard bond etf both on pace for their best week since 2020 joining us jeff sherman and bob dahl jeff, why the change in the bond sentiment this week, and does it continue >> yeah, this is not just directed only at the u.s. market but this is more of a global phenomenon we've seen this week. we've seen more ugly pressures mount within the eurozone. you're getting more reports of high inflation there we know producer price indices are going off the charts, screaming just elevated levels and the amount of gas that's been allocated from russia into the eurozone is causing a lot of problems so what that means is it's more stagflation fears that are driving that area. so when you look at the bond rally you've seen this week, it was really ncited b

i don't think we in any way give in to political pressure >> richard, we had jim grant on, talking about and where it would, if you used it, where it would predict a terminal, and we love the term "terminal rate", because it's just so final and perfect. but he said it's ten and change. so what, that, obviously, that's a pie in the sky type idea it could never get to ten. is there a fisher rule where would the fisher rule put the terminal rate right now, and how would you calculate it >> i think john taylor would say, at least the last time i heard him say it, was 5%, and maybe it's been up since then. but i think that's a decent level. we'll see. there is now, as we've recognized once begin, there is a tradeoff between unemployment or employment and inflation. we're seeing it right now. and i think they may have to go much higher. the question is, what is the speed and over what time frame there are two variables. to get to a real rate above zero, maybe that's what that number was, but i don't think it's that high >> did you take a ride on the marrakech express? >> i did >> honestly? >>

the age of grant was the age of a multiracial american republic tragically a generation after his presidency a new era of jim crow's disfranchisement undid much of his work. but enough of the legal architecture grant helped to build for the protection of equal rights survived to enable the achievements of the civil rights movement of the 20th century. it is past time that we remember him with a recognition long overdue as a founding father of our multiracial republic. grants presidency had plenty of other achievements in our brief time here. i will mention just one. president grant's successful settlement of a highly contentious dispute known as the alabama claims with great britain established the principle of international arbitration for the resolution of disputes between nations involving questions of paramount importance leading to several organized efforts that promoted alternatives to war. the general who had mastered the art of war became the president who worked to advance his dream of someday rendering war itself. obsolete. to commemorate the memory of general and president grant please join the gr

even better, if it gets to recommending grant money for those who don't have anything we said. >> jim kavanaugh, what are the questions you would hope get answered by the federal review and the other investigations? >> well, the main question i would have is when they reach the breach point, is the information consistent we have that the on-scene commander believed it was quiet inside. there was no shooting inside except for at the police through the door. that's the information we got. that's the critical point. if true, he would have had a few minutes to set up an emergency assault, maybe with an sniper initiating with the window. and the keys in the doors right away to beat the killer's trigger finger. if that's not true, if the killer was inside shooting where children were, then you don't have time for an emergency assault. so what you have to do then, you have to use the tools you have, like frank said, they don't have reaching tools. this is indemmic in american law enforcement. they should have taken shotguns there. they tried to half-moon the lock, hit those hinges. do anythi

for grants and change, and that's where you think the war will be decided on the battlefield. not in negotiations exactly, but carefully. jim is not prepared for any negotiations. the ukrainians are not prepared to surrender at all. i believe it and they are not ready to use any tobacco, no concessions mister potent doesn't, doesn't accept you. that's why that's why he will continue, continue fighting and that's what she will be better. just get out from that position rather than just to be seen as a big leader. that's for him. that's the most sensitive the most crucial point. and you could watch the entire interview right here after this news bulletin, or you can watch it on our youtube channel. here is a quick round up now of some more of the stories that are related to the war in ukraine. vladimir putin has visited wounded soldiers at a military hospital in moscow equipment released this footage today, which is the 1st of the russian president meeting with wounded troops since the invasion began. western military officials estimate of 215000 russian soldiers have been killed in the war. representatives from sweden and fi

jim crow laws. reform and my colleagues on the subcommittee have an interesting and dangerous ideas out the pretrial reform and one of them introduced this bill would eliminate the federal system and withhold federal grant money from states that don't eliminate the veil. we've seen time and time again all over the country the disastrous and deadly consequences of eliminating. at the hearing we heard from a mother that lost her son because it implemented the bail reform that allowed t we have another hearing on doing the damage on the war of sentencing reform. encing reform as was another hearing the witnesses were decriminalizing for all drugs and no matter how much drugs they had in their position. that brings us to clemency. my reading of article two, section two is the president has broad authority to grant pardons for offenses. the president ultimately makes the decision on how to provide clemency and thus the president has the opportunity and obligation to prevent the rubric and the standards the president is going to look at for clemency. the fbi data eliminator early from soda 5% of the murders appear this will be the largest single year increase since the publishing in 1960's appeared at last ye

grant abortion rights nationwide. this is about killing babies. republicans say they don't support it hoped the draft opinion is the final opinion. ohio republican jimying to meddle with the court's decision. you know why they're trying to bully and intimidate the court. you know why? because the evidence for overturning roe is overwhelming in washington. i'm anna wiernicki. >> netflix's subscription issues are now affecting employees and their jobs. we've confirmed the company has laid off 150 employees. the job cuts are mostly affecting creative positions, recruiting communications and executives. netflix says the layoffs are due to slow growth. the number of subscribers dropped by 200,000 in the 1st quarter of this year. shares of netflix are down 72% in the last 6 months. they're down 40% in the last month alone. the company based to see more of it back on the shelves and a shocking new report on the chinese plane crash that killed more than 100 people in march. why investigators say >> was not an accident. plus, kron four's rob nesbitt sits down with santa clara county health officer sara cody. as the u.s. reaches 1 million covid deaths this we

and even jim crow's tragic dismantling of equality did not last. enough of the legal architecture grant helps to build for the protection of equal rights survived to enable the achievements of the civil rights movement of the 20th century. there is no story quite like it. president grant emerges as a founding father of our multiracial republic and grant birthday dinners like this one provide an occasion when americans who may starkly differ with each other in our own polarized society can come together and put their differences aside in an act of shared patriotism. ulysses s. grant's service imparts to us the need for unity to overcome division. the grant monument association the successor to the group of the same name that built grants tomb and administered it until the national park service took over in 1959 was formed primarily to advance the preservation of that site. but commemoration is also part of our mission. and there's a history behind these grant birthday dinners. during the late 19th century there were at times more than one banquet held to mark grant's birthday in new york

. >> reporter: professor jim armstead said harmon probably should have gotten the medal of honor for his actions but the navy instead grantedhonor, they named a ship for him. was that unheard of at the time? >> yes, absolutely. first of all, an enlisted man, not many ships named after enlisted men and no ships ever named after a black sailor. >> a fighting ship named for a fighting man. >> reporter: the navy used harmon's heroic story in promotional films as a way to placate african americans who may have been feeling angry about the limited role they were given in the war. >> don't ever forget this about mates, they poured soup in between battles but in battle he poured with the best of them. >> making sure african americans will be loyal to the country when you have the japanese on one side and hitler on the other, it's important to hold the country together. >> reporter: harmon's was just one of 77 lives lost in the battle but his valor was remale considering his war was on two fronts. >> the double "v" for victory, if you were black you turned your fingers the other way. it's one the victory is over segregation, the oth

jim, sam to thank you so much for joining us thank you for joining us this one storage could also lead to a child care link grantstory of preschool joneses is. ♪ ♪ when it comes to tech, everyone wants the next best thing. now with xfi complete from xfinity, you can get updated wifi technology with the new tech upgrade program. plus, protection from cyber threats at home and now on the go. so staying up to date is easier than ever. you look great by the way. right? unbeatable internet. made to do anything so you can do anything. only xfinity will upgrade your tech after 3 years for a more reliable connection. get that and more with xfi complete. upgrade today. fairfax county public schools closing the idea of a part of an update of the student handbook. a spokesperson for the school district would fox news this is about the purposeful and deliberate causing harm. do not come over to you. >> parents demonic known baby formula will be back on store shelves. for the white house is not giving any specifics. >> senator kiersten generator to the branch should be invoking the defense production act to increase the suppl

grant some an extension, others may want it as well. from bulgaria at this stage. lots to work on, but a very strong proposal. jim? >> meanwhile, russia still raking in billions, really, from gas and oil exports. anna stewart, thank you. >>> primaries in ohio were a boost to former president trump's known to be a king maker in the republican party. the race garnering the most attention, replacing cnn rob portman. suggesting jd vance won the gop nomination after a late boost from an endorsement from trump. kristen holmes live in cleveland this morning. do we know from the numbers how much that endorsement moved this race? >> reporter: well, jim, if you look at vance's trajectory, it indicates that the endorsement really played an enormous role here in this race. remember, vance was trailing in the polls until donald trump endorsed him which not only gave him a boost, as you mentioned, but propelled him to the top of the pack where he clearly remained until victory last night. this is something vance himself seemed to acknowledge in his victory speech. take a listen. >> i have absolutely got to thank the 45th, the p

jim? >> well, first off yasmin, thanks for having me on. but clearly in that draft decision alito setting the stage for many rights we have enjoyed and honestly taken for grantedned in my tweet, the first time it was mentioned as a fundamental right was in loving's versus virginia, that was only 1967, six years before roe v. wade. so, if this car can overturn an almost 50-year-old president, what is to prevent them from turning over a president that's six years older? not to mention marriage equality which is not even seven years old. those risks are at risk with this broad language saying that tradition in history are important. that's a terrifying thought for me. >> i want to read for folks to disconnect were getting from alito. and i want you to react to. it i'm gonna read for you the dissenting opinion of illegal back in 2015, and it said, this and this was during your case, it is beyond dispute that the right to same sex marriage is not among those rights that are sufficiently rooted in american history and tradition, so you juxtapose that back in 2016 during your case to this draft opinion leaked that he wrote in which he refers to quote unquote other ca

granted, ask the development be limited to one single-family home per lot. thank you so much. >> president walton: thank you. >> and let me continue if i may. >> president walton: yes, jimood afternoon, supervisors. i hope my speech is clear, i had a dental procedure two hours ago and i'm still numb. jim skyler, lived on palo alto, 25 feet from the project. the it's between two residential neighborhoods. the area is also the only green belt link between the ucsf trails area and the twin peaks open spaces. as a small business owner in san francisco beginning in 1978, i've been deeply conscious housing is a priority for all of us and i'm in favor of housing. as an urban hiker, i value beautiful spots. the lots as katherine has said has seemed to foreshadow construction of multiple units on a parcel that's dense forest land, and question how the parcel was acquired and why neighbors were not aware anything was happening until 2020 when the trees were cleared. no transparency or public notice, would have been a great idea. no opportunities for community purchase, comment or other local action. i urge the supervisors to carefully consider how or housing of any density should

granted, ask the development be limited to one single-family home per lot. thank you so much. >> president walton: thank you. >> and let me continue if i may. >> president walton: yes, jim. >> good afternoon, supervisors. i hope my speech is clear, i had a dental procedure two hours ago and i'm still numb. jim skyler, lived on palo alto, 25 feet from the project. the it's between two residential neighborhoods. the area is also the only green belt link between the ucsf trails area and the twin peaks open spaces. as a small business owner in san francisco beginning in 1978, i've been deeply conscious housing is a priority for all of us and i'm in favor of housing. as an urban hiker, i value beautiful spots. the lots as katherine has said has seemed to foreshadow construction of multiple units on a parcel that's dense forest land, and question how the parcel was acquired and why neighbors were not aware anything was happening until 2020 when the trees were cleared. no transparency or public notice, would have been a great idea. no opportunities for community purchase, comment or other local action. i urge the supervisors to carefully consider how or housing of any density