and we'll talk to kyle bass.sible as we head to break, morgan stanley upgrading lululemon saying it's better positioned than some of its peers to weather a murky-hlooking environment. you're watching "squawk box" on cnbc what's it like having xfinity internet? it's beyond gig-speed fast. so gaming with your niece, has never felt more intense. hey what does this button do? no, don't! we're talking supersonic wi-fi. three times the bandwidth and the power to connect hundreds of devices at once. that's powerful. couldn't said it better myself. you just did. unbeatable internet from xfinity. made to do anything so you can do anything. whoa. when it comes to cybersecurity, the biggest threats don't always strike the biggest targets. so help safeguard your small business with comcast business securityedge™ it's advanced security that continuously scans for threats and helps protect every connected device. the choice is clear. get unbeatable business solutions from the most innovative company. so you can be ready for wh

kyle bass this morning told us, he thought it would raise prices and harming consumers in the long runur take >> hey, kelly. i can't disagree with that certainly, when you tax excess profits that companies are making at times like this, you're going tos for a reduction in investment which is the only thing that will get us out of this hole and get us into a better position in the long term remember he has a huge supply shortfall going up and into very, very low levels and if you adjust for consumption we had in decades meaning that we didn't have a buffer to accommodate the next energy supply shock, so i don't know the uk government is using that to appease consumers which are obviously getting hit very hard and i not the policy move, that we focus maying the reit investments so we can prevent further price spike spikes >> it's supposed to, on the one hand, tax profits while on the other hand making sure it doesn't discourage investment. do you think they can put the needle through that thread you know what i'm trying to say? they are potentially allowing for fast depreciation of the i

around the global is the skyrocket price of gas which makes fertilizer a deal more expensive and kyle bassalled on all of those pushing including john kerry climate change agenda that will lead to famine and so a great deal of unrest can then hovers from, you know, food shortages and famine. maria: that's a great point. >> arab spring as well. a lot was led by food shortage. russia is the top producer of fertilizers. when people are putting sanctions it's going to raise the cost more and contribute to the problem as well. >> i find it weird that there's no snow. i'm so used to see the snow in the background but they had to postpone. maria: we will get back to davos. markets on a wild ride this week. we will talk with the chairman and ceo of ey global. live in davos. imf biggest to the global economy plus supply issues weighing heavily on business. we are talking with american leaders and how they are reacting, live report, stay with us. ♪ ♪ ♪ big game today! everybody ready? alexa, ask buick to start my enclave. starting your buick enclave. i just love our new alexa. dad, it's a buick. i l

as we watch retail take hit inflation 40-year highs joining me hayman capital management founder kyle basschina so many things to talk about first let me get your thoughts on what we're seeing in this market, we have a market reacting to this worry, the federal reserve is not going feedback able to pull this off easily raise interest rates 50 basis points, hikes next several months not take this economy into recession, how do you see things? >> yeah, i think that, they printed too much money during the covid response, and printed about 40% more m2, 2-year period so we're seeing 40% move in the price just about everything in our lives, and the hard thing for fed they don't control supply-side problems, with monetary policy, they can't, they can't control the availability of hydrocarbons with rates price of food with rates some decisions made you think about this maria, 18 members of federal reserve board 12 voting members set monetary policy for the rest of the world, and they printed entirely too much money inflationary impulse north of 80% of the world has economy set by 12 people in the

inside story on al jazeera ah ukrainians basses by 10 weeks of war eyeing moscow as it prepares for its world war to victory day parades. ah, hello them, nora kyle, this is al jazeera, alive from doha. also coming up the final day of campaigning in the philippines. 67000000 voters get ready to choose the new president, undefined caroline, because president imposes another state of emergency to crack down on anti government protests. and people in heavener, a cleaning up after a powerful explosion as a hotel killed nearly 2 dozen people. ah . but 1st we've got some news from north korea, which is believed to us as far as fight was believe to a b, a ballistic missile for the 2nd time this week, japanese and south korean army does say, atlanta just outside the sea of japan's exclusive economic zone. it's the 15th test this year off to pyongyang, resumed missile launches for the 1st time in 5 years. you s as it believes north korea is also preparing for a nuclear missile test, possibly with in weeks. that's bringing robert kelly. he's a professor of political science and diplomacy at pusan national university joins us from lusan. thanks very much fo

inside story on al jazeera ah ukrainians basses by 10 weeks of war eyeing moscow as it prepares for its world war to victory day parades. ah, hello them, nora kyle, this is al jazeera, alive from doha. also coming up the final day of campaigning in the philippines. 67000000 voters get ready to choose. their new president under fire shall anchors.