i am praying to the church of keith fitzgerald on that.ave cash flow, they have to figure this out. folks, we are 7 points away from the dow losing about 1,000 points right now, actually -- well, let's call it -- well, we're about to go there, down 999 points -- >> there we go. liz: there we go. the dow losing 1,009 points. i want to thank greg and keith, we appreciate it very much. i do want to say i'm looking at stocks here, big financials, all of them down. we have red on the screen for a lot of the retailers. insurance companies all in the red, refiners, all down. amazon, apple, all the big names losing at the moment as the bell rings. the dow closes, well, too close to call here but could close down about 1,000 points. we haven't seen that in a a while. "kudlow" is next. ♪ larry: hello, welcome to "kudlow." i'm larry kudlow. today is earth day. the reason you probably don't know about it is because you have to look long and hard to find any reference to earth day. non-coverage of this non-event we'll call it earth shattering. cnn is c

joining me, leo kelly, brig mcadam limited founder, greg swinson and keith fitzgerald.han 40% of its value just year-to-date. your reaction to netflix's report after the bell yesterday? >> well, i tell you what, the only thing, dagen, that is surprising, that it took this long for the rubber to meet the road. i've been screaming about this stock until i'm blue in the face. they've got a sharing problem, they've got a competition problem and they've got a ceo who isn't acknowledging either, hasn't until yesterday when the numbers were unavoidable. so there's a decision investors have to make today. they got caught with a wall street darling. wall street will put up a defense. there will be a lot of bottom fishing but i'm not buying. dagen: i was going to point out. netflix sees a loss of 2 million paid subscribers in the current quarter. the expectation was for a gain of almost 2.7 million subscribers. if you look at the first half of the year, just the first half, netflix will have lost -- have 7.8 million fewer subscribers than wall street was expecting, so almost 8 mi

joining me slate stone chief market strategist, kenny polka polkari, keith fitzgerald and scott ladnert to see you. >> and you as well. how great is it to be back in new york city. maria: the last time i saw you in person was the floor of the new york stock exchange. come on, could that be? >> could be. maria: what do you make of the selloff we're seeing and the worry. >> i'm not surprised. i've been talking about it for a while. it's nothing new, the slowing economy, the rising interest rates, the aggressive nature that the fed is going to have is something that they've been talking about, we've been talking about. what we're seeing now is starting to be a little bit of unraveling and it's a flush that needs to happen. i'm not nervous about it at all but you have to be careful on where you put your money. maria: a minute ago we were talking to mark mahaney of. he said the correction is happening, it's time to start looking at big tech. are you ready to buy here. >> i am. the names he chose, microsoft, apple, the tech side, absolutely. maria: it's a big week for earnings. we're watchin

investments chief market strategist, troy gieski, paul shatz and the fitz-gerald group principal, keith fitzgeraldok at interest rates ahead of the fed minutes coming out later today, the 10 year treasury yield up this morning as investors are digesting what federal governor brainerd said yesterday. she said inflation is much too high and is subject to upside risks. the committee is prepared to a take stronger action if indicators of inflation and inflation expectations indicate that such action is warranted. troy, we're at waiting the march minutes. what are you expecting to hear as the yield this morning is up 8 basis points? >> yeah, well you know when the hoover doves become hawks, 60/40 allocation models are in real trouble, right? when you think about this year, right, the bottom line is yields were definitely going to go higher, just a question of how fast and now you're seeing a much more rapid pace than even we expected six weeks ago and that in turn will continue to cause multiple compression and broader equity markets so it's a really challenging environment for 60/40 allocation after a