gas prices soared even higher flex say that because jonas max ferris is here to help that's next. ♪♪ussia are starting to fall into place but what cost to all of us ask president biden today warning americans may face steeper price increases as russian ukraine conflict intensifies. >> defending freedom will have costs for us as well and here at home. we need to be honest but as we do this, i'm going to take robust action to make sure the pain of our sanctions is targeted in a russian economy and not ours we want inflation could go up to 10% if the fighting in ukraine gets backed up from an already wobbly 7.5%. everything is expensive from groceries to gas, what can we do to protect our money here? with us in studio max found.com cofounder and fox news printer, jonas max ferris, hello, great to see you again. so we got sanctions starting to go into place and there could be a writer who were in eastern europe as we heard from the president, that could have ramifications and follow-up economically here at home, what that look like potentially? >> it's not going to have a direct impact i

fox news particular and cofounder of max funds.com, jonas max ferris, welcome back. >> good to be backnt to talk about first, the threat of rising interest rates sending stocks south or main stops picking up again? look who is late to the party. >> joe, by marking stop. that's not what i'm recommending. the market until a few days ago was down 10% this year from basically a correction which means 10%, it brought back in the last three days and you've only looked at the last three days, best market ever, up by 5% but still thought about half that for me your edits because it's the most is ending, rates are going up as the fed starts right inflation and the plaintiff because another recession in market crash or it's not and no one knows and that is the great debate, during these dips, nine times out of ten you make money sometimes it doesn't work out and you go down 20, 30 or 40% right now, we are in a buying mode it could teeter up quickly over to all new highs if the fed decides not to raise about high or the market doesn't care. kennedy: what should people do if they totally missed th