lucid, still the worst performer. down 10% fin tech is falling. struggling in the past week affirm down 40% in june alone. semiconductors struggling. every constituent down 3% or more universal display on semi. advanced micro, amd, down about 8% on month to date basis, these names are 20% or lower then kathy woods arkk. zoom down 7%, tesla 7. roku, almost 4%. speaking of chinese technology, roku, we did see a turnaround on better than expected retail sales, stronger bond sales and bet that maybe chinese policy will be more accommodating that isn't helping today baidu, pin duo duo down 3 or 4%. if you want to talk about a crash. look at docusign they help you e-sign documents down 62% this year traders settling on the notion that the fed may not come to the rescue, even at the risk of recession. jon? >> thank you >>> let's check in on adobe, stock down 3% ahead of earnings, means it is doing better than the s&p and nasdaq these numbers will be another test of software resilience. shares took a tumble after the last earnings report impact on halt of

as well, lucid is up 9%, tesla up 11% but stelantis, general motors, ford, all getting nice pops today but check this. the two sectors that really swooned last week, energy and consumer discretionary, they are having a bull party session right now. we've got xle, the spider, the eft, up 5.7% for energy, and want. this is the eft that has the double increase when it comes to the fancy companies that you kind of spend a lot of money on we do have that up nearly 10%. here's the weird thing. nothings really changed since last week, when stocks got clobbered or has it? to our floor show joining me now chairman of sander morris harris and price futures group senior market analyst and all around energy genius phil flynn. i've got to start with you, phil energy is an absolute standout at this hour. president biden says he's going to make a decision by the end of the week on whether to pause the federal gas tax to bring down prices, but what else has changed here? >> you know, i think it's just stability in the stock market. listen, last week, we're pricing in the greatest recession of all-time

ah, 2 weeks lucid chance has been without water today, a truck is expected to bring drinking water and others have been standing here for hours. actors, no one knows when they're going to bring it more than 20000 people to remain in the city. fighting along the main road has made access difficult and the city itself is by no means said, what do you think of these normal living conditions? it's very difficult always this roaring funder above your head. a few kilometers from here, things are even more. dia, sister, city of c, over the net, because under constant fire, a bridge that leads there has been bombed, effectively trapping those who remain there. that is a fade that could also wait listed chance. if fighting along the road continues, the city has already taken quite a few hits. the government is trying to arrange evacuations while it's still possible. a few dozen people have been told that the bus would pick them up today and they were hoping that things might be okay. but when shell sly of your head and houses are burning, you just feel that you can't go on really our nerves dir

high school grades give is where we left sharon, your seabreeze divides, divide central data volume, lucid them a minute. so miser, she's actually a queue operator. dryden, this is you got to deal with even before the active combat phase of nationalist regimens, militants were ready to sacrifice murray. you both civilians to keep control of the city. ah, ah, yeah, from an independent country. but it's a, you know, get by with and then you can get a strategic odyssey, the political people call me with that. we are depending on the, you know, in the middle of human. yeah. how many times, but i want to go with this with you. i'm with you, i'm with boy hope don't go long a wage and still a would you cause to play full of full credit? caveats of wood from beach going to go to still easy for this patient about in the board with yes, a new local bonsa isn't as a security schemata medical special shipment out to no more didn't hear more. can you because the different from bonham with it are you still preachers, so he's not on the policy with an organ nissan, which is a senior call usually come dow

nasdaq 100 companies, there's only two names that are not profitable and have fallen hath would be lucidconstilation energy. there's 455 names on the nasdaq exchange >> we'll leave it there for now. coming up today marks one of the biggest options explorations in years. which could mean volatile adg t csetrininhelo we'll read the tea leaves to gauge the market's next move after this quick break >>> a big day for the options market with the highest level of quarterly contacts expiring since 2020 and put volumes in the high yield index have, quote exploded and let's bring in chris murphy. co head of derivative strategy does that mean today's market move should be taken with an asterisk >> no, no. there's been talk about how is expiration going to impact the market today one thing to keep in mind is we've sold off a lot recently. so, a lot of the open option positions are higher than where we are right now the argument would be that if we to continue to trade higher throughout the afternoon, and some of those -- for example, in the money puts end up out of the money by the afternoon, then y

school grades gave me is where we left sharon, your seabreeze divides, divide central data volume, lucid, the more menu. so miser, she's actually a queue operator. dryden, this issued with ah ah, the 1st time in history, an entire country's culture has been cancelled. the very modern weapon cancelled culture nearly desert wonderful lagracia miler school thought in when william rog yet just me sitting there. i know it with the phrase now, particularly for us to counseling russian culture. your, there is a chill, i, there was a load that go eat them, we would rushes created over the past 1500 years. there's no question, partially condemned, reviled and rejected it in line, and you said it was funny at the will of bramble. there's a lot closer on a whole bunch. thank you said a little short list. joining total condemnation, gross daily, and now includes dostoevsky to cascade and shostakovich that i need to you all left, but yes, you lost your signal. what the time will you do? obama lee, you're not going to do that a lot. a yes he says was security scan estimated cost. i saw several notes i

competently lucid. everything explains the provision of the cake. everything is top notch and the best. all united different nationalities of religion. there is absolutely no contradiction between each other. we are going to do one thing to do to protect our homeland. deployed in chechnya a real training center for volunteers about four thousand people from all over the country have already been trained, received new equipment and went on a special operation in chechen. from all over russia yes, he is russian tatars, there are ingush dagestanis before well, a lot of times all different nationalities come, we teach and they say, when i ask them a question, ask why? well, you need to. they say we need to protect our state. here is the chaos that has been created, we have been there for eight years so far. here we bring this one out weapons on target it is clear to all the ranks of volunteers are selected according to a number of criteria for infinity of diseases, ages from 23 to 49 years. even without being overweight. the rest is the work of the inst

i want to read from lucid, your newsletter on january 25th. it is from 2022 of this year. you say, the radicalization of the republican party has only accelerated post-january six, fueled by and all consuming quest to gain enough power to shut down any inconvenient inquiries into its criminal activities. for a century, getting away with it, has been the essence of authoritarianism. a political system and culture in which government becomes fused with self preservation for the leader and his enablers. silencing those who might expose wrongdoing, and put opposition politicians dissenters within the party, prosecutors, judges, researchers, and the press is essential. you wrote about this as a warning for how this is going to go down. we will have a midterm election in november. there are plenty of election deniers running for office in places that are of influence, including governor and secretary of state across this country. the big contest is in 2024. your warning is, once this starts, and the momentum begins, it starts to wrap a all into it. >> it does. and, the logic of

azerbaijan's position on this issue is very, very simple, lucid and consistent. we proceed from the fact that for the first time since gaining, or rather , putting up independence, both in azerbaijan and, e., in armenia, a truly unique opportunity has appeared. uh, to achieve normalization and the establishment of normal good-neighbourly relations between our countries at the interstate level, because the fundamental problem, which existed during the occupation. it is eliminated and comes out. it is because of this, and not only in words, but actually in the actions taken, that i will not go into details now. let me give you three concrete examples. within a short period of time after the end of the war and the signing of the tripartite statement, we are literally talking about the very beginning of 2021. it was azerbaijan in the face of its leader, who for the first time said and said that azerbaijan is ready to turn the page of hostility, azerbaijan is ready work on a peace treaty between the two countries. returning to the theme of vision and political will. i

but ev maker lucid, the worst nasdaq performer, down over 12% now. then you've got a mix of cloud, enterprise and cybersecurity names. those are some key laggards in the etf which is down over 4% right now. and then its constituents like cloudflare, zscaler, okta, all of those almost down 8% or more and cyberark as well we also have fast-growing financial technology stocks that have been among the biggest losers in the market downturn. take, for example, affirm. now it's down 10% but on a year-to-date basis, 83% lower. much of that drop coming from this month alone every constituent, though, talking semi conductors, in the smh atf, down at least 8%. qualcomm, marvell, advanced micro, down 8% and for a random group of stocks to move on to the next section, this is a basket of high growth names that we saw move yesterday. peloton, uber, lyft, down more than 10% this week alone traders are quick to fade yesterday's post-fed meeting rally especially as other major central banks are turning very hawkish with their own inflation battles. so a little revers

that film in terms of storytelling and even in rms of visual storytelling, it's the most tight and lucid piece of storytelling any reader really has. and then the visual, the art, if you watched that scene when they're building the circus tents, it's straight out of wpa murals. it really is absolutel breathtaking. those backgrounds are incredible. so i love that and then my second favorite is pinocchio. al an old one that didn't really do that well at the box office at the beginning, but i love jiny cricket. i really love him. and part of the reason i love him is because he speaks in these funny midwestern expressions that were exactly how my grandfather spoke. he would says, "golly, gee, willikers and things." it's so cute. but he'shere specifically to say the pesky ethical thing. he's glass his whole role in the film. and wiout him, there's no achievement of the satisfaction of the ending and the al boy and everything. and, we could all use, a jimmy cricket in our lives. - what was hisessage? - his message is very simple. always let your conscience be your guide. and what would happen

the deadliest incidents since the outbreak of the conflict. molly, local authorities say fights as lucid villages unborn dumb buildings. 3 days of national morning begun on tuesday with the government pledging to find the best wishes and bring them to justice. now it comes against the backdrop of frances 9 years of attempts to secure the region against terrorist groups. the malia prime minister, the earliest said it's paris, fueling to them all in the region. comp up is hill mormon wounds. anger and john did is the french authorities are carrying out genuine political media and diplomatic terrorism against our government, with the aim of overthrowing it. don't, did you create chaos? you armed people, you tell them to go into vide molly? the separate as clearly said that it was france that was behind the some of his movements of 2011. from libya, the leaders of the movement said france had instigated them to invade northern molly and divided and create an independent state to the book. ali tantara from the sense of full security and strategic studies in the style, says, friendships have p

in molly local authority, se fights as lucid villages unborn dom buildings 3 days of national morning begun on tuesday with the government pledging to find the perpetrators and bring them to justice. that are y'all gonna, now i comes against the backdrop of france as 9 years of attempts to secure the region against terrorist groups. the malia prime minister, however, earlier said that his power is fueling to him all in the region. comp. ok, is it one moment, one is an grantham, did the french authorities are carrying out genuine, political media and diplomatic terrorism against our government? with the aim of overthrowing it? don't you create chaos? you arm people, you tell them to go into vide molly? the separate as clearly said that it was france that was behind the separatist movements of 2011. from libya, the leaders of the movement said france, it instigated them to invade north and molly and divided and create an independent state. we're not the one saying that it is the leaders of this movement who say so and are supported by french politicians seems the un reports the security

see the stock plunge from $370 to $26 today don't forget the electric vehicle cohort lucid gone from 55 to 19 fister from 23 to 10 by comparison test is true but that's sunk from 1200 to 700 and then the quantum scape ev go 19 to 9. charge point 35 to 12. the revolutionary stocks roblox. 134 to 29. automating office jobs it's jumping after hours timely there's fashion stitch fix from 66 to 8. distinguishes the companies aside from the performance and the fact that almost all of them lose money simple the stocks are where the pain is really concentrated in this market because in many cases they have almost nothing to fall back on instead they are serial issuers of their own stock they look down on because they're for old people old people stocks. no sponsorship nobody to pound the table. we see endless price target cuts one after another after another. the beaten down names represent a fundamental misunderstanding of how you should spend your money. i analyze the situations going over the holdings in the charitable trust we hold otherses responsible as you will see if you join in tomo

lucid group and advanced micro some of the losers early on in the pre-market trade with the bond yieldsit is part of the narrative especially with technology trades as interest rates go higher, the shine comes off the growth stocks in tech and communications the 10-year treasury is higher above 2.92%. the 2-year note is 2.64% the 30-year long bond is 3.08% >>> oil prices is a key focus for investors and consumers. anybody who drives and uses fuel wti crude is $115.86 that is down .9% ice brent crude is sitting at $116.69. off .75% and then let's check on the shares of tesla. as we mentioned, lower in the pre-market trade to the tune of 3.5% ceo elon musk reportedly telling executives via email that the electric carmaker needs to reduce staff by roughly 10%. in the email titled pause all hiring worldwide, which has been seen by reuters, musk says, i have a super bad feeling about the economy. tesla itself was not immediately available for comment. >>> let's get to the other top business stories silvana henao is back with those. >> good morning, dom mcdonald's says it is tapping a third p

. >> i saw him in a video today talking to graduates from the academy, he was lucid and shaking handsanything like that. now he would just make the rest of the world starve to death. kennedy: awful, horrible. famine is a hideous weapon is using, it is horrific, barbaric. thank you very much, will talk to you soon, you know that, right? >> yes. kennedy: thank you, topical storm is next. ♪♪ millions have made the switch from the big three to xfinity mobile. that means millions are saving hundreds a year on their wireless bill. and all of those millions are on the nation's most reliable 5g network, with the carrier rated #1 in customer satisfaction. that's a whole lot of happy campers out there. and it's never too late to join them. get $250 off an eligible 5g phone with xfinity mobile. take the savings challenge at xfinitymobile.com/mysavings or visit your xfinity store and talk to our switch squad today. ♪ ♪ how's he still playin'? aspercreme arthritis. full prescription-strength. reduces inflammation. don't touch my piano. kick pain in the aspercreme. as a business owner, d your botto

in the case of lucid and rivian, ramping up production but still very low relative to the demand outwill we see somebody other than tesla take advantage of the fact that the market is prime for people to say, i want an ev especially a low are-priced ev. >> that's, phil, my question rivian and certainly lucid, high price points aren't they? >> absolutely. yep. a limited market up there, david. look, selling what they're making, but, a., volume is low and, b., that market is, it's a limited market it's a nice market nothing wrong with it. lucrative, but it's a small market what will really take off when it comes to electric vehicles, david. you get people into a vehicle that can be sold for $40,000, $45,000,s $35,000 in mass numbers, then you're going to have people really do the conversion going from internal combustion to evs. >> yeah. >> phil lebeau thank you. >>> by the way, don't miss a big hour later today on "closing bell" watching the sell-off heading into the close kicks off at 3:00 p.m. eastern time see you there. interesting levels bear market for s&p 20 percent often highs.

what it means to keep fighting a battle who's outcome is uncertain life on the rocks is an inspiring lucid meditative ode to the reefs and the beauty of small victories. i couldn't agree with that more and julie received her phd in ocean science from the university of southern, california. she is the author of spineless and a science textbook and is a science textbook writer and editor and she has written for a number of publications including the new york times nature national geographic and slate. so welcome, julie. thank you. so julie, i think. first would be good to start with something. that sounds really basic, but i actually think that it's also something a lot. most people don't know. so, can you tell us what is coral and how do you describe it biologically and scientifically? yeah, so thank you for that. thanks guys for being here. it's such a pleasure to be at the san antonio book festival. coral are animals just like we are which is when you look at them. it's a little surprising because they have this incredible like they look floral. you know, this looks like a bouquet but the

the grants of clemency, that he was aware of what was going on with the burglars clear as a bell, lucidf mind when i'm testifying in front of the senate. the white house is attacking me. they are trying to discredit me. i'm at war with the white house, so i'm using the tactics of politics myself with my senate testimony with something like dropping the enemies list knowing the press is going to overplay it. >> there was also maintained what was called an enemies list which was rather extensive and continually being updated. >> the enemies list had endless names of people who publicly opposed nixon and his policies. >> it was explosive. it was dramatic. you couldn't breathe if you were in the root you couldn't believe what you were hearing. >> i'm quite aware of the fact that in some circumstances it's going to be my word against one man's word, my word against two men, my word against three men and probably in some cases my word against four men, but i'm prepared to stand on my word and the truth and the knowledge at the facts i have, and i know the truth is my ally in this, and i think

clear as a bell, lucid testimony that put the finger right on the president.y are trying to discredit me. i am at war with the white house, so, i amusing the tactics of politics myself with my senate testimony with something like dropping the enemies list, knowing the press is going to overplay it. >> it was also maintained what was called and enemies list which is rather extensive and continually being updated. >> the enemies list had endless names of people who publicly opposed nixon and his policy. >> it was explosive. it was dramatic. you couldn't breathe if you were in the room. couldn't believe what you were hearing. >> i'm quite aware of the fact that in some circumstances it will be my word against munn man's word. it will be my word against two men, it will be my word against three men and probably in some cases going to be my word against four men. but i and prepared to stand on my word in the truth, the knowledge and the fact that i have and i know the truth is my ally in this and i think ultimately the truth will come out. >> i was relieved was pro

his ev competition this week saying, quote, unless something changes significantly with rivian and lucid, they will both go bang result, adding if they don't automatically cut costs, they're in deep trouble they did take a hit alongside lordstown motors off 70% from the highs it leaves them with more than $5 billion of cash on hand at the end of q1 which they say will fund operations well into next year >> i hear you. the path is not unsimilar to what we've seen from tesla, jon. it's that they're doing it in a very different market environment. they'll have to continue to raise money. that's going to be a difficult thing to do in the current equity markets these numbers are pretty astounding some is their timing. rivian raised a lot of money at just the right time, $15 billion. >> maybe this is a compliment saying you guys are just like tesla in 2018. remember production hell they had to -- they're saying good look guys. coming up, are hybrid work meetings broken with lay-offs and more across the industry, we're talking the future of work with the "wall street journal's" dot jonate n'go

rage of innocence how america criminalizes black youth was described by georgetown's paul butler as a lucid analysis from a brilliant scholar at the top of her game and by the washington post as comprehensive meticulously researched written in a language accessible to lawyers and lay people and most importantly articulating realistic reforms that are within reach right now. kristen's advice and how to honor the black children who are so often armed harmed by our justice system is pretty simple. tell their stories in the wake of recent worldwide outrage at high profile examples of racial injustice and inequality the rage of innocence. sheds light on many lesser known but equally troubling examples of how discriminatory and aggressive policing has criminalized the most ordinary adolescent activities contributing to the socialization of a generation of black teenagers to fear resent and resist the police christian's book. not only brings timely and much needed attention to the issue of policing and criminalization of black youth but it also provides a persuasive and powerful call for change. s

i worry that lucidity is a luxury that is fleeting. i believe the future will be more ambiguous as we head into a timer economic growth seems to be approximately zero, and labor market -- market weakness. economic growth in q1 was negative, albeit for reasons i think you call technical. still negative, nonetheless. q2 economic growth is currently projected to be approximately zero, according to the gdp now tracker and committee economists. weakness in the labor market, inflation has a lagging indicator. it remains very high. i praise the feds total focus on price stability, which will come at the cost of aggregate demand reduction. technical reasons or not, america will feel aggregate demand reduction where gdp growth is zero, as a recession. i am curious to hear your thought process on an environment where inflation is steadying or coming down, but at multiples of your target and unemployment is escalating quickly and economic growth is negative. tell me how you will think about that environment, and approach that from a policy and ra

the nasdaq is the relative outperformer and data dogs, zscaler and lucid.next guest says some of the most well known, beaten down tech names could be the best risk-adjusted returns. so let's bring in allen boomer, he's momentum adviser's chief investment officer okay, allen. i need to understand some some of your thesis here and first we have to lay the sland scape from where we are with the macro picture. if we are, indeed, headed into a recession and you think we are, how does tech make sense here? isn't that an area that we want to avoid if we look at bear market territory for some time >> absolutely thanks for having me when it comes to a bear market, we are absolutely in a bear market, but what type of bear market are we in because there's a cyclical, there's a structural and an event-driven bear market like what we experienced in 2020, thanks event driven and that was pretty rough, but it was over pretty quickly and the cyclical bear market and it's a medium-sized bear and the structural bear and i don't think a bubble is bursting i think what we are

no convictions were pronounced with lucid yelman's system to nozzler a course on the more stubborn e. a sentiment that draws sun. oh, able to none but been that easy for them are for demure levels. come so if it's mom, rochelle male put his, you don't. so what was all i've been 400 to continue here. just a future saw has to hold them. he says, so were there year when you were the con long to jo on the salvage school dos, you keep all of his young to lot, pres, doesn't in any charlotte it there. yeah. non, i bare speak to you not for sale on that. if i really, if he sell p r i left order, or would it on him on the have you were lucas? possibly the more care in 2015 and chapel was caught when he contacted an actress, he grown infatuated with ah one of the world's greatest drug king pens was brought down by an amateur mistake. extradited to the united states and sentenced to life in prison and chapel left in his wake and nebular drug trafficking. and the myth of a hierarchical cartel held by a single man to day. and mexico violence has crept in everywhere all the time. yesterday's big. c

tesla, lucid, and fisker are all lower 1-5% with fisker as the laggard there.alls for all new cars and vans to have zero carbon emission by 2035. the measure is intended to help achieve europe's climate objectives particularly carbon neutrality by 2050 and after giving a sneak peak of its latest electric vehicle this morning, hyundai is joining the ev makers in the red but shares jumped about 4% in south korea's market on the ionic 6 unveil. the ev sedan will be available next year. now while hyundai didn't release details on price or battery range, it did show off all kinds of interior design components like you can pick lights for the interior cabin of your car, 64 different color options, and if you have long legs and you're sort of jeremy lynn, you want to stretch out your legs, you've got extra leg room. nice. hyundai though in u.s. trade down about 6%. as hyundai rolls out its newest ev sales of the all electric ford f-150 lightning continue to go through the roof. yeah, and how about the solar roof? it can even power your house for three days if that roo

is robust unemployment bouncing along lows, economic growth has been very high but i worry that lucidity is a luxury that is fleeting. i believe the future will be more ambiguous as we head into a time where economic growth seems to be approximately zero and labor market weakness is beginning to emerge. i think the policy signals will be less clear going forward. q1 was negative albeit for reasons you called technical in nature but still negative, nonetheless. q2 economic growth is currently projected to be approximately zero according to the tracker and many economists. still yet inflation as a lagging indicator remains, as you put earlier this week very, very high i've praised the fed's tardy yet sudden total focus on price stability. the cost of aggregate reduction, technical reasons americans will feel reduction where gdp growth is already zero as a recession i am curious to hear your thought process in an environment where inflation is steadying or coming down at multiples of your target and unemployment is escalating quickly and economic growth is negative tell me how you'll think

lastly, lucid motors the biggest drag but only down 1% followed by moderna, biogen and gilead, about a half percent lower >>> for more let's bring in our market panel joaning us, joanne feeney and brian jacobson good afternoon to both of you. joanne, do you trust it? would you be buying? >> well, yeah, sara. clearly it's looking like a market that investors are seeing how many interest rate hikes are going to have in the future. long-term inflation expectations are down so it could be we're seeing the 10-year at a reasonable level a lot of the valuation pull-back we've seen since november might be in the rear-view mirror also i think investors are recognizing as we've been advising for a while, you want to make sure to have some protection in your portfolios but stay exposed to some of those companies that are resilient to recession, that have really strong secular drivers like in data centers and 5g that can power your portfolio higher in the longer term. there's some attractive opportunities out there right now. >> brian, do you agree with that premise that maybe the worst of the t

him with an explanation for why the plan is illegal or unconstitutional and jacob writes this very lucid three-page memo where he talks about how the 12th amendment and the electoral college act work and why they prohibit this sort of scheme that eastman has come up with for numerous reasons, and eastman always seems to pop back up again. it is like playing whack-a-mole. he says, if you wrote invalidate the election, then at least declare a recess in the certification process, send everything back to the states and maybe that will give us time to play. it's a craven exercise in stealing an election. >> he says that that would be politically more palatable. he said, put me on the pardons list to rudy giuliani. >> you only need a pardon if you believe that you have committed a crime. to ask to receive a pardon seems to be tantamount to an admission of guilty. eastman took the fifth amendment over 100 times. >> joy and ali and jackie, thank you so much. >>> debbie dingell joins me now. thanks for being with us. i want to drill down on barry loudermilk, the republican congressman who tried t

the banks all has hain, the legal settlement, no convictions were pronounced with little lucid yelman's system finance sheila a course on the more stubborn it was sent him on that jaws. son able to non bank been that is if or the number for damien levels come. so if it's long fell, man put his, you don't. so what was all i've been 400 to continue here. fasick a future sir. has to hold them. he says, so were there. yeah. when you were the con bond to jo on the salvage school dos. you he pulled his young to lot. pres. dunden n is shorted there. yeah. non, i bare speak to you, not for sale on that. if i real nephew sell p r i left order or did on him on the high you were lucas. possibly the more care in 2015 and chapel was caught when he contacted an actress, he groan, infatuated with ah, one of the world's greatest drug king pens was brought down by an amateur mistake. extradited to the united states and sentenced to life in prison and chapel left in his wake and nebular drug trafficking. and the myth of a hierarchical cartel held by a single man to day in mexico, violence has crept in ev

the banks all has hain, the legal settlement, no convictions were pronounced with little lucid, yeoman's system narceena is often the more stubborn e a sentiment that laws son equal to you and bond been that easy for the omega for de mule levels come. so if it's long what our mal put is, you don't. so what was all i've been 400 to continue here. fasick of heater saw has to haunt them. is i said, were there? yeah. when you would the convent keowee on the cell. his school dos you. he pulled his young to lot, pres, dunden and his shots in there. yeah. non i bare speak to you, not for sale on that. if a real nephew sell p r i left order or debt on him on the have you were lucas possibly the more care in 2015 and chapel was caught when he contacted an actress, he'd grown infatuated with ah, one of the world's greatest drug king pens was brought down by an amateur mistake extradited to the united states and sentenced to life in prison and chapel left in his wake and nebular drug trafficking. and the myth of a hierarchical cartel held by a single man to day in mexico, violence has crept in ever

one start-up, ev vv company fig for bankruptcy makes you wonder about rivian and lucid. look at the money raised rivians $12 billion nearly. a big question is it actually enough to figure it out the way tesla has >> yeah. remember when $12 billion wasn't that much money? who else's stock is more accessible to retail investors lately, amazon, after that split. finding it and selling it this morning. off 5.5% this morning. careful what you wish for. >> meanwhile, guys, trying to navigate volatility, our next guest says keep an eye on the fed meeting and watch the two-year hitting levels last seen in '07. joining us new street adviser's ceo and contributor delano great to have you back i guess you know someone pointed out, we got cpi followed by several sessions now that were in the midst of, very little macro. we'll get ppi and the feds left the bull wis nothing to hang their hat on. >> exactly thanks for having me back. you're exactly right the other thing triggers this panic sell justify seen on monday, looking at investors, will the fed be more aggressive than initially

no convictions were pronounced with lucid, yeoman's systems narceena a course on them are our stubborn e or cinnamon that laws son equal to none. but been that easy for the number for the mule levels come so if it's long val mountain is you don't. so what was all i've been 200 to continue here. 50 coffee cla sir has to haunt them. he says, who were there? yeah. when you were the convent keowee on the salvage school dos you. he pulled his young to lot, pres, dunden and his shots at the yeah. non i bare speak to you, not for sale on that. if a real nephew sell p r. laugh order or did on him on the have you were, lucas will save you the more care in 2015 and chapel was caught when he contacted an actress he'd grown infatuated with ah one of the world's greatest drug king pens was brought down by an am at a mistake. extradited to the united states and sentenced to life in prison and chapel left in his wake and nebular drug trafficking. and the myth of a hierarchical cartel held by a single man to day and mexico violence has crept in everywhere. all the time, yesterday's big cartels have be

she also is the author of "the lucid newsletter, the history of coups if you want to check her out thereure. >> lessons from abroad, anything come to mind that does apply at the moment we're at right now where we have a kind threat is? >> yeah, i think there's a reason that the republican party and tucker carlson are so enamored and they had their cpac conference in budapest because victor is a white nationalist trying to save white christianity but he's mastered what we call electoral autocracy. today you don't shut down elections as often. you keep them going but you kind of gain the system through kind of staffing the system with loyalists and encouraging judges and election workers and all kinds of people. also he's domesticated the media so when he was just re-elected but the opposition candidate hadn't been invited on national tv since 2019. and this happened over years. so one lesson for americans is these things happen slowly and sometimes you have a shock event like january 6th which greatly further radicalized the gop, but it's a combination of a process where local election by

data dog, zscaler, lucid group, okta, auto desk up 5 to 7% overall. we'll see if it's a mix of the short covering or whether there's fundamental buyers who think these stocks have taken a big enough hit look at the oil and gas patch. oil and crude prices are lower, energy stocks entered a bear market so to speak today, valero, halliburton, chevron, exxon all lower occidental was positive for a moment thanks to warren buffett by more but even that's now in the red. yes, that's the stock mark side of things yields are also now falling as fed chair jay powell testified on capitol hill for a second straight day, the ten year note yield hitting the lowest level in about two weeks, hovering just below 3.04% remember we were approaching that 3.5% level just a couple weeks ago. it's been a market selloff l let's get to rick santelli at the cme group with more on that story. it has to catch attention. this idea we've seen a steep fall in yields in such a short amount of time. >> absolutely. and in many ways it's the perfect storm. think about last week, dom we

if you look at ford, it's about 25,000 if you look at bmw it's also 25,000 if you look at lucid, it'sllion. i agree, you should pay for growth, right? but there is a limit to valuations and at the end of the day, this isn't a software business. it shouldn't trade like one. they still have to bend metal. they still have exposure to interest rates they still have exposure to the consumer so i don't think any of this valuation makes any sense to me at all >> steve, one of the things ubs points to is backlog and two gigafactorys just getting started. how do you buy tesla and operate within any kind of recessionary playbook at all? >> yeah so, we've been having this debate on the desk ever since tesla was a stock. it's a battery company it's a technology company. it's a software company. it's not a car company and you're buying elon musk. so every time you sell tesla, you're selling elon musk and that's not a position i want to be in but when tesla came on the scene, carl, the only competition was the toyota prius. that wasn't a very sexy, attractive car now everyone has an ev so the compe

of these four, lucid is the only one manufacturing vehicles out in production right now.u look at fifx kerr this is a highly-anticipated spac if you will, because people are wanting to see what polestar can do about 50,000 vehicles worldwide are out on the road right now from polestar. >> philadel, stick around we want to welcome the polestar ceo to the show. congratulations on theis milestone. as you think about being public, it's been a year since this whole transaction got to this place. but we've also seen the challenges that other electric vehicle car makers are having in the public market. are you, are you happy that you're in the public market? if you could do this all over begin, do you think you'd be better off in the private market >> hi, good morning. well, no, definitely have to be that now, very proud moment to start our first day as a company trading. i understand market conditions are not easy having said that, we saw definitely that especially in the circumstances, what makes polestar polestar and what makes our business attractive to investors actually st

that is now frances main opposition force. lucidity negotiate the success of the left was that we were able to unite to offer an alternative to mark on socially unfair policies have certainly been removed in her constituency and northern france. for right leader marine, the pen was an appoint, mood after anti immigration party, won a record number of seats. you'll seek worker's, she was will a manion my call be able to do what he wants. now know the answer is no. no is a word that and piece from macros alliance unlikely to hear a lot in coming weeks as they try to work with all the parties to push through the presidents, reformist, agenda. no, we will not have a contract or governments oller o contract between whole 2 bodies. that's not something we are going to do. this analysts says that macros and peas may have to work bill by bill is another option, is try and seek an alliance for each slow and it's free for me will buy. so either an aligns with the left when it is or text more inclined towards the left or with the right. the results of the parliamentary election of shake in a poli

musk shared some thoughts on competitors, lucid and rivian. what did he say?kay and then do you take it with a grain of salt because he says they could go bankrupt if they don't cut down on costs dramatically. now, remember, the tesla almost went bankrupt a few times, between 2008 and also recently 2018 during that infamous funding secured tweet saga. also by the way, a few minutes ago nitsa says tesla reported 275 crashes involving self- driving just over the past 10 months. ford this morning also recalling 2.9 million vehicles, over concerns about detached shift cables which might result in accidental car rolling. now, let's get back to rivian and lucid in this electric car race, because i would argue that ford and general motors is part of this domination race as well in the next 10-15 years and who dominates the ev market rivian says they are still on track to produce 25,000 cars this year. they have orders for the million s, but it depends on whether or not they actually do have the technology because it's not easy to be a car producer. only two car compa

. >> my people he actually looking at lucid up to poem like he joe and kim and merit made they're on the streets working redondo hard their cable of doing this job and textbook took the time to bring us along. >> women have going after their goals and departments line the san francisco sheriff's department provide a lot of training tools and inspiring you to go into the department. >> they gave me any work ethics she spider me to do whatever he wanted to do and work hard at the intersection. >> if you're going to make change you have to be part of change and becoming law enforcement i wanted to show women could do this job it is hard not easy. >> finds something our compassion about and follow roll models and the gets the necessary skeletals to get to that goal with education and sprirmz whatever gets you there. >> if this is what you want to do dream big and actually do what you desire to do and you can go vertebrae far it is a fast job i wouldn't do anything else. >> ♪♪ ♪♪ ♪♪ ♪♪ as latinos we are unified in some ways and incredibly diverse in others and this exhibit really is an ex

i recommend everyone get a copy of it because you see now here's children letting lucid jimmy burns for example saying this guy was trying to run rough for president over my head and he calls he caught he refers to he refers to sound as that little son of a --. it's pure truman and and and and data, that just didn't was behind it and mortgage we're going to try to stop it. welcome to and tried to stop stop. he thought it didn't show the dignity of the presidency and and it came out aftermarket died and david told me about this and i thought that was quite interesting and but david was and david was very very david. actually. it was very strict extremely. i don't distraction said never david and he was he was very loyal to his father's memory and really and it was never never any wavering that he thought that his father. he said well, let's do his father. he did admire truman and he did dedicate his book to the captain with a mighty heart, but he thought to him was too political and too too quick and too quick to i think it actually he actually wrote some place that his his mouth works f