liz ann: it depends on what type of investor you are.u are an active investor, doing it on your own or you employ active managers, there's been a more level playing field this year. there's more dispersion, ostensibly more ability for active to outperform passive. so i think it depends on where your money is. in the passive vehicles, if you were in passive vehicles more on the high risk end of the spectrum, tied to areas like not just nasdaq 100, but some of the dramatic segments of the market, you are probably in more pain than if your index is in some of the safer areas, particularly if you have a diversified portfolio and you have buffers in other areas. lisa: but it goes exactly where you say, the buffers. the buffers are not working. that 60/40 portfolio is seeing a lot of pain. is there a new hedge, or are you saying to clients actually now bonds are a better hedge because they are yielding more, and it is a time to rely on them in a traditional way? liz ann: i know you guys have on my colleague kathy jones quite a lot, my counterp

joining us for our top panel, paul mccally and liz ann sonders. chief investment strategist at charles schwab do you think chair powell is prepping the market for a 50-basis point hike, a double, which might come as a surprise >> yes, i think he is. essentially, the day he sang the same hymn he did last week, but he said it with more feeling he really was saying today that the fed's mission is to deal with inflation, and he's going to do whatever it takes, and he's not worried about really buckling the economy short term, so he sent a message, get ready. >> so liz ann, is the market going to be okay with it or not? last week it seemed okay with that message today, not so much >> also last week, the market had already heard and i think had digested the notion that every meeting was likely to be live, and that didn't have a huge negative impact on the market now that we have a sense that not only every meeting is live but the possibility of 50, maybe you could point to that and powell's more hawkish comments as a reason for weakness today we're in a

jon najarian, thank you the aggregate bond index is down over two years bonds gotten obliterated liz ann sonders tweet right there. thank you, jon that does it for us. stock futures are up oil is flat. still near $115. the nato meeting going in brussels right now there is a lot to do all day long we will see you tomorrow with the insider buying segment that is it for us. "squawk box" is next have a great day this is elodia. she's a recording artist. 1 of 10 million people that comcast has connected to affordable internet in the last 10 years. and this is emmanuel, a future recording artist, and one of the millions of students we're connecting throughout the next 10. through projectup, comcast is committing $1 billion so millions more students, past... and present, can continue to get the tools they need to build a future of unlimited possibilities. >>> good morning president biden is in brussels for an emergency summit. nato secretary-general telling cnbc that vladimir putin has made a big mistake we'll take you there live. >>> meanwhile, russian stocks reopened for trading overnight we'

. >> that's liz ann sonders. i want to bring you a headline as we look at the markets here dow's good for 200 otherwise, we are in the red across the board and we have taken a bit of a turn worse for the nasdaq but there's a headline moving now as it relates to the president's nomination of sarah raskin to the federal reserve board. joe manchin coming out and giving that a gut punch saying quote, i'm unable to support the nomination to the federal reserve board so we'll keep our eye on that on what is a very big week, as you know, for the fed, as we also think about the current and future make up of the federal reserve. we'll take a quick break up next, mr. wonderful that's kevin o'leary you heard him talk about china stocks being attractive. we'll find out the exact names he bought and we'll do that next [sfx: street ambience] ♪ ["fly me to the moon"] ♪ ♪ ♪ imagine a community where millions share ideas and trade stocks, crypto and beyond. to the moon? in other words... etoro.the power of social investing. in ot

ann >> announcer: monday morning. >> are w announcer: building a better bay area, moving forward, finding solutions. this is abc 7 news. liz town. the easter bunny will be at sanford shopping center in palo alto. the bunny is also visiting the stoneridge shopping center in pleasanton. you can stop by both locations for pictures until april 16. the oakland marathon is back to an in-person race for the first time in two years. it kicked off yesterday with the annual running festival in oakland. participants were able to pick up packets and enjoy food trucks. the marathon starts at 7:00 tomorrow morning. the half marathon starts two hours later. each runner will get a medal, snacks, and tickets for an alcoholic drink after the race. the weather should be nice for it. lisa: rain is moving into parts of t b taking you o to highway ateaofight rain. aivofoast it continues to swing in throughout the day. we have a level one on the storm impact scale. clouds with mild temperatures in the 50's. 53 in san jose. you can see how cloudy it is. 46 in santa rosa. today is about the cool weather, the clouds, the wind, and scattered light r