plus lucid motors rolling out the lucid air to an arizona facility. the ceo peter rawlinson is here to tell us what he plans to do to bump elon musk, tesla out of the electric vehicle winners circle. the housing market finding a new spark after a summer siesta, the ceo with the outlook of where home sells are headed to the fall. breaking news right now, is it on or is it off the senate was expected to hold a vote today on a clean continuing resolution to fund the government through september 3, that would avoid a government shutdown that could go into effect at midnight tomorrow, now we're hearing the vote may not go up, this latest emergency overspending the debt ceiling a bipartisan infrastructure bill trillions of dollars in social spending it is turning and changing every hour, edward lawrence on the hill at the white house this afternoon. >> clearly the market really likes the fact that chuck schumer has announced a gonna separate the two bills, as you said it looks more likely that the continuing resolution of fun funding the government to decem

exactly. >>> lucid motors, phil with the details.l >> lucid which has been planning on this has had an important milestone achieved at the plant in arizona the company has begun production of the lucid air shares under pressure with a lot of automakers and the market today. the important news here is that it has begun production in arizona. deliveries start late next month. lucid air recognize vagszs are now topping 13,000 and they have more than 13,000 reservations for this luxury electric vehicle and calling production of the gravity a suv. that will begin in 2023 as they continue to expand their plant out in arizona speaking of the plant let's bring in peter rolanson from the lucid facility thank you for joining us today as you hit this milestone and map out what's next for lucid how confident are you to continue to grow the reservations on the air and then start to get that order book going on the gravity extremely confident. we have accrued over 13,000 reservations to date and it is only today that key kurs hers and reservation

lucid also declining since its spac debut in july the stock heading lower since then the big spike was when the spac acquisition was announced. called it the tesla/ferrari of ev auto maker. and john murphy from bank of america is with us now john, welcome. >> thanks, kelly thanks for having me >> lucid hasn't delivered any cars they had about 10,000 pre-orders from what i read the most expensive version they make has a range of like 500 miles on one charge is that right? >> that's right. that's one of the key metrics is the miles per kilowatt hour. it's one of the things it brings to the table it's sort of a new view of how you measure efficiency and productivity of the battery but also the power train so, that 500-mile range serve a testament to them being able to put up 4 1/2 to 5 miles per kilowatt hour. everybody else is about 3 miles per kilowatt hour or less. not only is it a high-priced vehicle but it is a technologically advanced vehicle. >> we've seen a lot of hype in the ev space obviously but the reason why people, yourself included, like this name is because the deceo did t

lucid is anticipating -- just so we remember -- let's call it 1.149 billion in profit by 2023.n 2.1 billion by 2024 ebitda seen as 592 million in 2024 o want to get to the rails, of course, which has been something we've been following -- >> and now here is the host of the faber report, david faber. >> thank you, johnny gilbert, always appreciate that it is, well, a lot more going on there. yesterday we heard from the surface transportation board, of course, ruling on this very potential component of canadian national's ability to acquire kansas city southern, which it is in a deal to acquire as of still this moment. but the ruling was -- it was a no doubter unanimous and they were basically like, no way no way, we don't see this as something that is in the public interest at this point, and they ruled against it we got a little language from them that we can share at this point with you they simply say the proposed use of a voting trust would not be consistent with the public interest, applicants have failed to establish that their utility of a voting trust would have public b

he highlighted the lucid air sedan, unveiled earlier this year. 517 miles on a single charge. yeah. the model starts at 160 $9,000 and the preorders have already sold out. you will have to wait, mike. let's take a live look at the new york stock exchange as trading gets underway this morning. we are down right now by 60 points. reggie: new at 6:00, do you have any problems squeezing the last bit of catch-up out of the tiny condiment packets? there is a new product for you. heinz is unveiling the biggest innovation since the packet itself. it's a packet roller, and it does exactly what it sounds like it is going to do. it squeezes out every little drop of the catch-up. heinz says it created the roller to give fans a new way to savor their favorite condiment. it looks like it would fit on your keychain. is that what that is at the bottom? kumasi: maybe. something. reggie: i don't know. but no one asked for this. what i do ask for, there needs to be more catch up in each of the packets. kumasi: or use the dip ones. the one that you peel open instead

lucid was important in the tesla model as well.is saying it is an open question, who will become the leader in the ev space listen >> the core platform of the vehicle itself is where lucid is really going to succeed and really outstrip a lot of the competition and where they will be really successful on the ev side, but it is an open ended question who the winners will be and what it means over time. >> matt, your thoughts on this one? >> well, i got to tell you, the number one thing is there's several of these companies out there, but nobody has been able to come out with a product now lucid has, so that obviously gives them a big step up on everybody else i mean obviously not with tesla, but i mean the other companies that we've been talking about. the thing i really like about the stock is that, you know, it had a big run, you know, back in the beginning of the year because it was -- had a big short interest and the meme stocks all ran up like that. but after it came back down it got stuck in a sideways range, had been trading t

let's get to bob >> i have a friend who just ordered a lucid.s car i'm excited to see it in general. yesterday, we have 10 to 1 decline to advancing throughout most of the day. today we have the opposite 10 to 1 advancing to declining at the hope. inverse of yesterday the bigger decliner yesterday was china. there's the msci china etf, this is a big gainer today. energy big decliner yesterday. banks, retail, tech, lagging a little bit but improving in the last few minutes. what's lagging is consumer staples, you see names like general mills, kellogg, lagging a bit. that's not at all surprising why did we rally today a little bit of less concerns about the evergrande contagion, a little bit hopes for a dovish fed. those are plausible explanations don't kid yourself, it's not entirely clear nobody knows exactly i think the big note overnight was s&p's comment on evergrande. i think this did help calm things down a little bit we believe the chinese banking sector can digest an evergrande default with no significant disruption we think the hit can b

talking to lucid in the last hour. . this hour, rolls-royce.pany announcing today it is going to stop selling gas cars. it is going ev. the new car is going to be called the spectra. the ceo is going to join us next. ♪ it's moving day. and while her friends are doing the heavy lifting, jess is busy moving her xfinity internet and tv services. it only takes about a minute. wait, a minute? but what have you been doing for the last two hours? ...delegating? oh, good one. move your xfinity services without breaking a sweat. xfinity makes moving easy. go online to transfer your services in about a minute. get started today. guy: after being battered yesterday, european stocks bouncing back. some people talking about a dead counts -- a dead count about -- the debt cat bounce, i.e. not convincing -- a dead count bounce, i.e. not convincing. was it a deficits care, was it driven out of the u.k., or was it fears about what is going to happen with the united states and what is going on with d.c. in terms of the funding story? today we bounce back. the ft

i think they're really poised to grow and i think lucid is close behind.re gaining credibility in the marketplace. they're starting to see some promise of revenue in the future ev percentage of auto sales numbers with 174 million going into evs and government pushing people to buy evs, the a lucid cars are exceptional cars. something people will look at if we start to go in that direction. charles: sylvia, your take on the overall market. we're under some pretty good pressure here. are you looking to buy the dip or is there a point you start to salivate and start to make a move? >> it is time to make a move. you're not earning with anything with cash sitting on the sideline, fixed income products with rates where they are. we have accommodative fed. liquidity in the market. we have recovering economy. we're in the september doldrums. i think two to five% moves in the major indices, three to 5% on the big names like microsoft which is announcing big buybacks, increases, google, amazon all investing in the cloud, future of technology, these are amazing oppor

. >> and watching the evs once again today, shares of lucid are up again ford ramps up lightning production, and tesla's ealon musk praising automakers >> people are buzzing here about it they're saying that it seems to focus more on it and so then i try to pin people down and have a lot of friends here, and they said just focus on we actually don't know, now today is supposed to be -- today is the beginning of a period during the last 20 years that we've been down i don't know whether that means this week. becky and i were talking about, a lot of people were trying to anticipate it was down people think there will be fire works here it's the first time i've been stopped, people saying if you don't focus on this reebalancin, you're missing the big story. >> monster reallocation from cash to stocks largest inflow into u.s. large cap ever, 12 weeks of tech inflow jim, they're citing receding threat of tax redistribution >> well, when i listen to squawk, i mean, there are certain areas that they're talking about fast movers, starting with salt relief. now get this, the association -- american

shares of ev-maker lucid are down sharply with the lock-up period expiring today.cks, this is a lucid issue. we're also going to talk about workforce. with lucid, the lock-up ended yesterday and today was the first day people could sell. some people decided they wanted to sell. the stock has been down between 9% and 11% today i haven't been able to check the total numbers in terms of, if this is the biggest sell-off in terms of shares of lucid, in terms of the stock moving lower that we've seen since it went public but clearly you're seeing pressure on lucid that we have not seen in some time. then workhorse late today "the wall street journal report"ing that the s.e.c. is reportedly investigating work horse we've reached out to the ev automaker to see if they have any comment on this. nothing back from them at this point and take a look at charge point. we're just a few minutes from the quarterly results from that company. we'll have them for you and bring them to you as soon as we get them should be shrtly after the close. >> down almost 20% thank you, phil. robi

lucid says a version of its debut sedan has been confirmed as the longest range electric vehicle every the epa. the company says the agency awarded it an official rating of 520 miles of range. still lucid plans to build fewer than 500 cars with those specifications and they will cost $159,000. the world economic forum will return to davos, switzerland next january. organizers say they're working with swiss authorities and health experts to make it safe. the meeting will focus on accelerating stakeholders are capitalism, including inclusivity at work. guy: i wonder whether this will work. everybody i talk to about davos, they are coming from all over the world and i can talk to them all the same time or one by one depending on how you want to do business. is that going to work this time around? alix: it is cold and indoors. the two things you should not be doing in covid. all of the cocktail parties and dinners come you cannot go around masked. even if you have a vaccination passport. i do not buy it. guy: we will see how big it is. these days the fact you do not have to travel and you

we will hear from the ceo of lucid next.berg. ♪ ♪ emily: electric carmaker lucid motors is set to deliver its 160 $9,000 sedan next month. shares jumping on the news. my colleague alix steel and guy johnson spoke with the ceo earlier today. >> what really matters right now is getting the quality right, not getting rushed into driving numbers down the line, aching sure that each customer receives a great quality product. then we are on track to ramp up the 20,000 units next year, a target of 50,000 in 2023. guy: i think in your spac filing, i want to push you a little bit on this. you said 577. is it plus or -577? peter: we are pushing like crazy to achieve the 577. we are giving it all we have to get there. and we will be able to give you a clearer indication of how achievable that is when we do our first earnings call, which will be mid-november. alix: the risk the supply chain problems impact you on that? peter: what has impacted this, and i have said this many times, as we have been hit with the impact of covid in our sup

alix: ev maker lucid motors is going to be delivering its sedan next month.linson is here with us now. the big news is you are producing the car. you are already there. you are leapfrogging a lot of these guys. talk to me about the demand you are expecting and what you are noticing. peter: the cars are coming off the line right behind me, and we have just had 13,000 reorders. -- 13,000 preorders. he opens the factory doors for the world to see, for valued first customers, influencers, journalists, analysts, and a whole bunch of people, including our investors, and everyone is blown away with the progress we are making. cars are coming off the line, and we are scheduling customer deliveries in october. guy: october, november, december, how many customers are going to be in their cars driving around by the end of the year? what is that number going to be? peter: we are pushing as hard as we can to satisfy as many as we possibly can. we are going to ramp production up significantly. but what really matters right now is getting the quality right , not getting res

. >> you do layer your conversation regarding lucid at least with a question of whether or not rangeakes you sacrifice other things like safety, for example. i wonder, are you a little suspicious of the market's apparent thirst for extreme range? >> range is important but it's not the only thing it's cycle, repsychscycrecyclaby how redundant the supply is, the speed of charging. so range is very important, don't get me wrong, but we wish there was more transparency how big the battery is i'm sure that will come out. lucid has cool technology where the battery is not just in the bottom but other parts of the architecture of the car and that's great maybe we look back, carl, five or ten years and say, wow, why did we even have these giant batteries, these giant, massive batteries when you could fast charge in a minute or two and have a smaller, more sustainable charging network that obviated the need to carry all that energy with you. does that make sense >> yeah. >> yes, adam, i want your take on that sound we played from elon musk and why he might have said it. chinese automakers are

>> well, i, i would put my money, clients money on lucid.. they're one of the only competitors being able to tackle tesla in a way that will work longer term. market share growing the way it will be over the next five plus years, you have ability to take market share what is going to be your largest competitor or pretty much owns it at this point i think they're very well-positioned. they have a great management team. that doesn't hurt on execution. liz: i'm with you on all of that, except the part where these cars are extraordinarily expensive. how do you get real scale when it comes to people who are going to spend that much, i believe around 69,000 for their lowest end? >> yeah, i think when you see with tesla. as the higher end of the market tends to be a little more early adopters, especially the stock market keeps going way it has, with a lot of money in their bank accounts. get scale with the manufacturing, how you move down markets. this will be a process. i think this is a longer term hold. this is not something that is going to hap

lucid group caught in the middle of a bull/bear tug of war the bears clearly winning at this hour, stock is down 5.5% after morgan slapped an under weight rating on shares just a week after the air maker received two bold calls remember lucid makes a high end electric vehicle. no, another call was from city, and it was flagging at the moment but one ev stock morgan woke up and said we love it, live cycle. the big bank has initiated an overweight on the stock at a $15 price target, it's at 862 right now up 6.5%, at that level it's an 85% upside from yesterday's close and what does this company do? it's a lithium ion battery recycler, so morgan, believing in the ev world and the need for the future of the recycling of those batteries but going green, not paying off for chevron at this hour the big oil announcing it's tripling its investment in low carbon production to $10 billion through 2028. the energy not with shares at this hour down about 1.7%. close to the lows of the session right now. hurricane nicholas reeking havoc in texas but first we have breaking news at the moment with the d

lucid motor and tesla, lucid is on track to hit those 2022-23 output targets and tesla with elon muskle listen. stuart: that is going a little far. >> i don't think so. stuart: let's not say messiah in the same sentences elon musk but don't worry about it. i will move on. speaker pelosi slamming members of congress who won't vote on the debt ceiling. watch this. >> why get added members, the arms of moderates? >> what are you talking about? we have a responsibility to uphold full faith and credit of the united states of america. that is what we have to do. these members that all voted for this last week, i have no patience for people. stuart: very interesting come no patience, the gentleman on the right-hand side of the screen, ladies and gentlemen, the honorable senator from the great state of indiana mike braun, a republican. i am sure you heard that, that sounds to me like desperation. >> talking about the nat stadium and the ballgame, a lot of balls being up in the air this evening. she has done that here. the spending spree bill for reconciliation and this is the first time i wit

buy the lucid air dream edition for $170,000 maybe buy the calls and print some profit.next, the committee ready to answer your questions. emaiusl at emailo askhalftime@cnbc.com and we're back right after this. to keep me moving the way i was made to, it nourishes and strengthens my joints for the long term. osteo bi-flex, plus vitamin d for immune support. you have the best pizza in town and the worst wait times. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire the world's first fully autonomous vehicle is almost at the finish line what a ride! i invested in invesco qqq a fund that invests in the innovators of the nasdaq-100 like you become an agent of innovation with invesco qqq time for the investment committee to answer some of your questions. everybody ready? let's go first up bill in georgia asks, what are your feelings about nxpi jim, is it a buy, sell or hold >> yeah, this is definitely a buy here i would have said that even before this week's decline, w

lucid can occupy a sustainable niche place in a difficult markets and at this stage see many obstaclest to hang a more establisheded etf and growth into its -- >> one of the most successful spacs out there. >> adam's done the best work, i think, on the need to have batteries that are effective, and also just, frankly, possibility of a battery shortage this is something ford's focused on remember ford wants to go all-electric. either plug in your f-150 and it can power a tremendous number of things but you've got to have enough batteries to meet the demand i don't think ford does right now. >> it's not just -- >> not just semiconductors. >> hires from lowe's on the forefront and apple trying to bolster ev development program. >> apple reacting somewhat to doug field -- >> leaving -- apple. >> apple to go to ford a lot of this -- a lot of excitement at ford right now about the new lineup, and -- look, we all watch the commercials, those who watch football you figure out not just the super bowl who's got things going, and i found that the sport sporting narrative is exciting. mustang, f-1

and in a lucid moments when she wasn't in crisis a couple times, she told us that she didn't want to be here. she didn't want to live anymore was too hard. as a hell of a thing. has this, we did everything wrong. so we would say, well that's just selfish, you can't do that because what about us? what about me? what about and what about your brother? what about the cat? what are we going to do? so it made me feel like an absolute failure. and that my love wasn't enough to to keep her here. o jones is going to become aware of the room and everybody and everyone in the room it was it's ah, she takes me like the room and she stands up. she had gone in the place where, where the path realty is, is we don't know where you know where she is. she's ok, and then she went, she did, she did take her back herself, back to her mental and she was with him. but she, she knew she had to go there and that was fine. that i think for us, it's really hard for us to know if we don't know where she is really hard for us to judge if she's okay. if jane is going to, to put herself in any kind of danger, we

everything was lucid, military victories like this one in your county. i boosting the morale of soldiers as well as the confidence of those they're here to protect, but some here say the successes are too few and quite far apart. catherine sawyer all 0. it tory province. latasha magazine is deputy country director for the u. s. world food program in democratic republic of congo. she's joining us from skype from kinshasa. thank you very much indeed for being with us. how hard is it for 8 organizations like yours to get help to people, given that there is still fighting going on in parts of the country? there are many challenging, ne, or which already in itself is the biggest turn them in terms of number one out to probably not enough food every day. and in ne, occasionally we can, why obviously because of the continuum displacement as he was saying, it struck him in time and asked her to reach the speculations, but we are going to provide the emergency history to build the need, especially he'll be simply just letting who's auction both at the local popul

everything was lucid, military victories like this one in cooney. i boosting the morale of soldiers as well as the confidence of those they're here to protect, but some here say the success is a to few and quite far apart. cathy sawyer, all 0. it tory province on natasha and does been is deputy country director for the u. s. world food program in democratic republic of congo. she says the displacement of people has worse than the crisis in the area. many times do not need to talk or which already in itself is the biggest crisis in the world in terms of number. why to conquer late? not enough food every day, and not be this occasion. why? obviously because of the continuum displacement challenges any time after to reach this buck, elation, but we are doing our best to provide the emergency systems to build the need, especially recently just left, but also to provide some livelihood options both at the local population experiencing a lot of stress to be able to display populations so we never know how long they are going to stay in the new location. w

finally, lucid motors will start deliveries of the luxury sedan starting in the factory in arizona yesterday. it has 13,000 reservations so far. >>> to the ongoing drama in washington, d.c. with senate democrats reportedly voting as soon as today to try and avoid a government shutdown. friday's deadline to prevent a shut down is fast approaching. president biden is canceling his trip today trillions in new government spending back on track for more on this let's bring in ed mills. thanks for being here. let's talk first off the impact of the debt ceiling not being raised would it really have an impact on our markets >> the most likely scenario is that it gets raised. how and when it gets raised is the real debate. i suggest an area that democrats would want to bring it close to the x date i do think there is a backup strategy available to them this reconciliation. they don't want to do that they don't necessarily need republican votes republicans are just not filibustering that vote. adding to the authorization. the process is there it is just really messi right now. messy to say the least h

everything was lucid, military victories like this one in cooney. i boosting the morale of soldiers as well as the confidence of those they're here to protect, but some here say the successes are too few and quite far apart. catherine saw all jazeera, it tore province, a human rights activists say, indonesia, criminal justice system needs urge and reform that's after a fire swept through an overcrowded jail need indonesia, capital killing. at least 41 inmates and injuring at least 70 others. investigate is trying to find the cause of the blaze of broke out while inmates were sleeping. jessica washington reports from tangling on the outskirts of the indonesian capital fire fighters. that'll ablaze at least prison in the early hours of the morning. it started here in block. see where inmates was sleeping in their cell authority say there wasn't enough time for gods to open all the cells in the overcrowded facility . at least 40 inmates were killed, trapped behind bars. as the flames moved in desperate relatives rushed to the prison. when they heard of

everything was lucid, military victories like this one in cooney, are boosting the morale of soldiers, as well as the confidence of those they're here to protect. but some here say the success is a to few and quite far apart. catherine sawyer, all the 0. it, tory province, britain, him, secretary has met with her french counterpart as high numbers of migrants tried to cross the english channel in small rubber boats. more than $12000.00 have made the crossing this year. in 2020, about 8 and a half 1000 people made the journey and several died in the attempt. the british and french governments have worked for years to stop the crossings without much success. already this year, burton agreed to give france $74000000.00 to double the number of police patrolling french beaches. but he will few anytime on our website. the address of that is andrew 0, dot com ah top stories and 0. the make up of the taliban. the afghan government has been met with criticism. the taliban is drawn from its old, gone to fill the top post with some senior figures. feature on global watch lists afghans of notice

everything was lucid, military victories like this one in cooney. i boosting the morale of soldiers as well as the confidence of those they're here to protect, but some here say the success is a to few and quite far apart. catherine sawyer, all the 0. it tory province. what your news are from london still ahead. thousands of indonesian inmates killed in a devastating fire human rights groups cool for urgent prison reforms. you case biggest worship had for the south china sea, watchful eye of beige ing, which claims most of the diffusion waters. and in sports, some english premier clubs set for major blow head of this we can match up ah how we've got clouds gathering across western parts. if you're from that high will something of a chaise from the love, the dry, bright, warm weather that we have seen recently. little area of light pressure just burring up across sea by bisco, introducing some cloudy skies, the average that western side of france pushing across western parts of england, 3 wells and come thursday. there we go. that's that was the weat

everything was lucid, military victories like this one in your county. i boosting the morale of soldiers as well as the confidence of those they're here to protect, but some here say the success is a to few and quite far apart. catherine sawyer, all 0 italy profit. canadian prime minister justin trio has denounced anti vaccine protesters. it's very gravel at him during an election campaign rally. he says the incident shows how the doctors, nurses, and other health care work is being targeted. harassed, encouraging coven 19 vaccinations, and the wearing mouth cameras kept 2 pieces of rock and every hissing to jo. ann, one of his body guards, french doctors and scientists, the calling on authorities to protect them against intimidation, including death threats. during the pandemic, some doctors have even hard body guard. ever see threats in the mail through phone calls out on line post weekly process. again, it's kind of in 1900 restrictions and vaccinations in france. circle caution to do a feeling we are rebuked for respecting science, talking about scie

we are starting our lives over everything with lucid, military victories like this one in cooney. i boosting the morale of soldiers as well as the confidence of those they're here to protect. but some here say the successes are too few and quite far apart. catherine saw all jazeera, it tore a province. mexico supreme court has decriminalized abortion that ruled unanimously penalizing terminations is unconstitutional. means courts in mexico can no longer prosecute abortion cases. as a major victory for pro abortion right, advocates just as parts of the neighboring united states and like tougher laws against the procedure. and he said brazil have fod tear gas and supporters of president j both scenarios. they attempted to storm the supreme court. they are unhappy, the judges have facts investigation into both and are as handling of the pandemic. the president lashed out of the course while attending a military rally to mark independence day, and just one reports. the. there were warnings before the stay of rallies. the prison, enjoyable scenario, was undermining brazilian democracy.

everything was lucid, military victories like this one in your county. i boosting the morale of soldiers as well as the confidence of those they're here to protect, but some here say the successes are too few and quite far apart. catherine sawyer all 0. it tory province. that will help owners ation is again urging wealthy countries not to offer a career of ours. booster shots, illinois ation is chief, said he is a poles that many poor nations can't get jobs. while rich nations are considering 3rd doses. many poor nations are struggling to access enough vaccines to administer even the 1st round of shots. several rich nations with already high vaccination rates, a stockpiling doses. high income countries have promised to donate more than a $1000000000.00. but less than 15 percent of those, those have been materialized. manufacturers have promised to prioritize callbacks and low income countries. we don't want any more promises. we just want. the vaccines authorities in the mexican state of kentucky arose, say popular holiday destinations, welcoming higher

. >> lucid will have a good -- starting protection. >> there it is. >> has anyone talked micron, because it wasn't the report, it was the guidance >> wedbush have this >> accounting a more modest demand get >> i'm in the latter camp. he didn't guide. >> it means there's no glut. it's glut or famine. >> we don't have that. keeping d-rams, and think allos. >> we did spend a little bit of time on it, but i agree. >> twice the number of batteries of mr. tesla, and cathie woods sold a huge amount of tesla. i don't think this is easy sledding i would rather back farley over musket. >> really? >> yes. >> we'll go to carl, and get back to some of the mortgage specific stuff on the markets, but musk had a lot of things to say. i want to send it over to you with that. >> yeah, david, really expanse tariff discussion yesterday between elon musk and cara swisher. they talked a bit about crypto-regulation, where that's headed, very long talk about the economics of space and rocketry, but neffably, it comes back to the topics of his wealth, talked about the onning that are vesting. more jokes about th

now from the left for present had lucid prompts awaiting influence. shown in a very small crowd size adjusted for j. 6 rally. and from the right, who seemed to have a field day with the fact that there was more press and feds came up with means like this one showing boy undercover officers dressed up to be what they thought protesters would look like. but even before the low energy protest on saturday, president biden has not had actually the smoothest run both internationally and domestically since being sworn into office in january. so let's take this temperature check and i know the guys who would've earned talked or it's in political planetary, if there was actually such a thing i would award to them. democrat commentator jonathan harris and a former colorado state law maker. ted harvey, who's been the poetry business for a long time over several administrations now, so i i would award you doctorates, appointed jury if that was possible. thanks for joining me gentlemen. good afternoon. thanks for amazon. okay, i want to start with you jonathan. this is kind of, this is your, this

shares of lucid motors soaring. the debut of its electric sedan nears.elivery expected to begin at the end of next month. where watching warby parker. we are looking around 54.25 -- $52.75. it was bad yesterday, today i am going to save head cap balance and people say, you can't have a debt cap balance unless you had a drawdown. one could argue a 2% drawdown for the yes and he -- s&p is a big deal. the s&p managing to eat out again, up by three tents of -- .3%. flipped into negative tory and now sitting right at flat. getting relief or the nasdaq is going to be yields. they are flat but at the higher end of the range. we punched higher through main technical levels. the story for me is keen dollars. bloomberg dollar index up again today. it was up yesterday. maybe this is an inflation bid. i do not know. stronger dollar continues as sterling gets hammered. speaking of global currencies, central bankers are speaking at a virtual event about various topics. inflation is front and center. >> this inflationary spike will not lead to a new regime of ongoing h

lucid motors up for the second straight day on the back of that news last week of certification of the range tv vehicle to come to market. tom: valuable. i missed the conocophillips story. at the greenwich economic forum, they are in recovery after a difficult pandemic year. over 200 true industry leaders will be here today. the basic theme is what do we do with the zero bound, and how does it rebound back to central banks worldwide, and particularly to jerome powell tomorrow in washington. we start now with mickey levy of berenberg, someone who has always watched inflation dynamics. we are thrilled that dr. levy could start us off strong. i want to talk about the transmission where we have no inflation or less inflation, or sort of inflation, over to one big asset bubble. do you by the idea -- do you buy the idea that all of the minute the elation of the last 12 or 13 years has done nothing move inflation over to the true proxy, which is an asset bubble? dr. levy: not really. let's think this through. financial crisis, post financial crisis qe, they did not generate stronger economic

and lucid, which i mentioned earlier, doubled the valuation in terms of dollars.ut beyond that, just the idea that this index peaked back in february and is now down 40% since then and was down more not long ago. you have to wonder what happens now as the deal proceeds. guy: dave, thanks a lot -- alix: dave, thanks a lot, good set up for us. don't mix -- miss our upcoming interview. house democrats on track for an intense fight over the upcoming big project. we are going to talk to the vice president for policy. he used to work for chuck schumer. this is bloomberg. ♪ >> let me just say we are going to pass the bill this week. i promised we would bring the bill to the floor, that was according to the language of those who -- that those who wanted to bring the bill to the far road into the rules. but i am never bringing a bill to the floor that does not have the votes. alix: that is nancy pelosi talking about prospects of passing the infrastructure bill this week. i want to bring in jim kessler, third wave executive and former policy director for chuck schumer. you

lucid says its production of its electric car is on.f the first cars roll off its production line. shares grew more than 7%. taking a live look at the new york stock exchange as trading gets underway, we are up about 41 points. >> it is national coffee day so maybe have an extra cup this morning. in any case, even if you are not a coffee drinker, you are going to have to check out this woman and her work of latte art. she is in san francisco. check this out. >> forget -- forget a plain old cup of joe. her latte art is out of this world. >> the drink isn't going to be hot. i can assure you that the drink is hot when they serve it to people. >> that's because most of her creations only take about 30 seconds to make, but she's had a years of practice. >> you use a spoon to manipulate the foam and you get the silhouettes and use the chocolate for the details. >> her mediums of choice made her a star in her own right. brewing up art with aladdin himself and brian reynolds. she teaches lattetetetetetetetee we can suck less. >> i couldn't c c

lucid plans to build less than 500 cars with those specifications.ush for a $15 minimum wage may have stalled in congress but the type labor market is making $15 that the factor minimum these days. many service sector industries crossed above the $15 starting wage threshold. employers such as target and walmart have increased their starting pay to $15 or more. guy: thank you. let's talk about what ea is up to, electronic arts delaying its next big game until november. it could have been worse. it is called battlefield 2042. at least we don't have to wait until then. dave wilson has the details. >> november 19, a four-week delay. there was speculation that there would be this delay. you saw electronic arts shares fall 5.7% in response. then the company came out and confirmed the speculation. there have been some talk about a postponement until next year, so november 19, you are set for the holiday shopping season with that timing. this battlefield game series, 90 million copies, so one of the franchises for electronic arts. when you take a step back a

. >> she was lucid, she was furious, she was acknowledging that she might have some mental health issuesront but also, laying ocho ut a detailede for how she was exploited. she used the word enslaved? that audio testimony has been sealed by the judge but the impact has opinion profound. >> she spoke so quickly. it was almost like she had to get everything out as quickly as she could because she was afraid they were going to take the microphone away. >> it broke my heart. it made me cry when i heard it. >> rosie o'donnell says she became close to britney after interviewing spears on her tv show and even going on tour with each other. >> we've known about it for so long. she's been afraid to speak out about it. i have a belief in her ability to get herself out of this horrible enslavement that she has found herself trapped in. >> you've tried to reach her over the years. >> yeah, i've reached out to her. we haven't connected. i always send, you know, notes sometimes when she would go to the four seasons, i'd go down to the spa to bump into her to say hey, kid, how are you doing? i just lov

$160,000 this is expected to roll off the assembly line next year but it's rolling along at 5.9%, lucid not the only one making electrifying move at this hour, the man behind the company looking to put the smack down on the electric vehicle market by a lightning speed acquisition including an all easy i italian publicly traded motorcycle company. shane mcmahon, that mcmahon is here, the closing bell ringing in 48 minutes the dow up 236 points. we're coming right back. ♪ i wonder how the firm's doing without its fearless leader. you sure you want to leave that all behind? yeah. stay restless with the rx. crafted by lexus. experience amazing at your lexus dealer. that building you're trying to sell, crafted by lexus. - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you can close with more certainty. and twice as fast. if i could, i'd ten-x everything. like a coffee run... or fedora shopping. talk to your broker. ten-x does the same thing, - but with buildings. - so no more waiting. sfx: ding! see how easy...? don't just sell it. ten-x

. >>> next up, lucid motor soaring, beginning production of their air sedan.the tesla, slash, ferrari of new ev makers for more g to cnbc.com also is pro. >>> ahead of "power lunch," when do rising prices reek havoc on the energy market. >>> plus, we will speak with the illinois state board of investment head about supporting business owners in this community. >>> and a crypto conundrum an s.e.c. decision around the corner could spell either doom or gloom or bitcoin or possibly create a massive buying opportunity. we will check into all of those stories coming up after this [ sigh ] not gonna happen. that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. ♪ ♪ the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. kohler

he was lucid and went back upstairs and retired for the night as far as i know.e and awaited doctor rice. she came over a little after midnight and i showed her to her room on the third floor which i had prepared back down to the ashes office not knowing what would occur and i was there for another hour. about 1:30 a.m. we have a small room in the basement —- in the basement we call the ushers lounges somebody needs to stay overnight they can use a very small room. i went down there and fell asleep at 2:00 a.m. and woke up at 5:00 a.m. and proceeded to plan for the next day. host: as you lay on your hello did you reflector were you exhausted. >> at that point i was exhausted. i had spent my time doing the notes and i thought about everything that went on during the course of the day that i had written down as vivid as it wasn't my memory in that time. i wanted to keep it as vivid on paper as i could. is not the same as when we write stuff down as her memory that i had spent considerable hours listening and watching television in the ushers office and writing down