she said, "well, michael's missing." i said, "what do you mean, michael's missing?e because she can't find michael. she's saying, maybe michael went to maine without me. >> i got to talk to wendi and ask, her what's going on, wendi? what's up? she says, well, i don't know. i had taken his truck and gone to my mom's house, and when i got back he was gone. >> clearly michael, wendi and the boys are not catching that flight to maine. instead, wendi calls her mother, judy. did your parents know that mike disappeared? >> when i called i asked my mother, do you know where mike is? and she said, no. do you know where mike is? and i said, well, he's not here. i don't know where he is. and she said, well, you need to come up to the house right now. went up there.oys.- i went to sleep at some >> now, here's one of the first strange things wendi does. despite her parents telling her to call the police, wendi spends that sunday sleeping on and off throughout the day at their house. >> i'm definitely thinking, like, if my husband was missing, i wouldn't sleep, i wouldn't eat. i

michael: one last question.n your memoir, you wrote that president trump wanted to leave nato in 2018. how close did that come to reality? we have a minute left. amb. bolton: i had my heart and my throat at that nato meeting. i did not know what the president would do. he called me up seconds before he gave the speech. i said, go right up to the line but do not go over it. i sat back down and had no idea what he would do. i thought he put his foot over it but at least did not withdraw then. in a second term term, he would have withdrawn from nato, and i think putin was waiting for that. michael: thank you for giving us your time this morning. we are out of time. we will have to leave it there. thank you for coming to washington post live, and have a good day. amb. bolton: thanks for having me. [captions copyright national cable satellite corp. 2022] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] >> coming up shortly, the un

give it up for michael buble!, my goodness. >> kelly: you look very dapper! >> michael: so nice of you to say. >> kelly: we can see people. >> michael: i love that you have a botox station in the back. >> kelly: i have not used it. >> michael: and your audience is so beautiful. >> kelly: they are here! it has taken us, i love that you notice us, it has taken a minute to get here, michael. >> michael: i notice the second, i saw a guy out there he was so happy, had a blue shirt and suspenders and i thought look at how a -- look at you, dude! you look so lovely r into each other, but was it "the voice"? >> michael: i think so and then we had dinner with blake. >> kelly: that was fun, we all drank. it was good. >> michael: yeah. >> kelly: i love their food. congrats you have a new baby now. y'all make some babies. >> michael: you make beautiful babies too. >> kelly: but two. >> michael: once youith each other. >> michael: we are really excited to be expecting and i'm really lucky that she loves me. >> kelly: did you w

michael what is your thinking? michael: nato expansion was and is, was, should not say is, a mistake in 1995. first, it brought no benefits. the claim by its promoters that would foster and consolidate democracy and the new members is always hollow and does not look any better 25 years later. second, nato expansion broke a promise that various american officials have given to soviet officials that nato would not expand. this is a controversial point, and a lot of literature about it, and the defense of nato expansion seems to boil down to the assertion that we did not put it in writing for the russians. this seems to be an unfortunate argument because it puts nato and the united states in the position of a dishonest business person work cannot be trusted. anyway, what really matters is not if it was right, or come up but rather it was a good idea. it did have a steep cost, it turned russian opinion, not just elite opinion, but mast opinion against the west, against the united states. and made anti-western policy th

here's the thing — michael bay doesn't do sensitivity.everything explodes all the time. boom, crash. in the case of this, he's aided by a drone camera, which is being piloted by the drone racing league world champion, alex vanover. and boy, don't you know it! i've never seen so much drone action — up the side of buildings, under bridges, in through things, up people's nostrils. i mean, everywhere you go, it's drones. the visual pyrotechnics, i think, are partly there to distract our attention from the fact that the film makes no sense whatsoever. i mean, it's like, "ok, the thing is, we have to save this one cop in the back of the thing. and in the process of doing so, we will cause massive amounts of carnage because nobody else matters." it's also, i think there may be some good performances, but you can't tell because the camera never stays still long enough to notice. if this was 80 minutes long, it would be "ok, fine." it's, like, absolutely splat. i mean, all michael bay films are like being struck over the head whilst being shouted

michael, thank you for that. michael _ they have harmed. michael, thank you for that.uchanan live - they have harmed. michael, thank you for that. michael buchanan live in - for that. michael buchanan live in shrewsbury. children with special educational needs or disabilities in england, would receive earlier help from schools, under proposals put forward by the government. the move is part of a delayed review, into special educational needs provision, which was launched in 2019. £70 million would be made available for the plans. however, headteachers say more needs to be done, and that the system is in crisis. they're urging the government to move more quickly in tackling the problems. at least five people have been killed and several others wounded, in a shooting in a suburb of tel aviv. it happened in bnei brak, one of the country's most populous ultra—0rthodox jewish areas. the gunman is also reported to have been killed. it's the third deadly attack in israel in the past week. the uk has seized its first super yacht in british waters, worth £38 million, as part of

speaking of michael, michael, what do you think? well, i think that politicians always make the mistake of fighting the last election. >> and the next election, and i think that this is more an area where i think the republicans have to worry a little bit about reading too much of the tea leaves from like young kings election. for example, the mask mandate, which essentially was one of them there give any of the mask mandate was really going to be the centerpiece of the pre biden rollout of state of the union. last week was going to be the sort of the centerpiece rolling the fang. a lot of criticism that thing going on and sort of deal with with pandemic fatigue. but ukraine kind of blew that out of the water. but that's really, really i think where the democrats can take an opportunity, remove that and focus the fight really on what was the big part of their response and also the centerpiece, the biden respond to that, which was inflation dealing with inflation, pure and simple, a pocketbook issue. i think that will define the you

you just might catch a glimpse of michael lee headed your way. michael is repeatedly running an eight-mile loop from mill valley up to tam's peak and back down. the day we spent with michael, he was on lap number six. >> one at a time. 34 more. >> reporter: i will save you the math. michael is running 300 miles up and down mount tam over the course of a week. it is something no one has ever tried to do before. >> you have to be a little crazy. >> reporter: the first question anybody has for michael is, why? for the answer, he takes you back more than a decade to a career in high tech. good for his wealth. not so much for his health. >> once i started my i.t. career, a lot of sitting. >> reporter: michael decided to channel his energy toward fitness. within a year, crossed his first marathon finish line. >> the first time when i ran through that finish line, it was the most exhilarating feeling. tears came out. >> reporter: doing something that at one point seemed impossible felt liberating. he began tackling longer and longer distances. all the w

joining us is the ceo of grayscale, michael's on -- michael's on chin -- michael's on and shine -- michael. what is your production about the trajectory through 2022? michael: it has been a choppy year across all asset classes, so i think it is an exciting morning in the crypto community to see losses erased. i think what we are seeing is a couple of native crypto buyers by for their own reserves, as well as now we are actually seeing in the cme futures all-time open interest on that side as well, leading to a bit of a short squeeze in the futures, and thus the bitcoin prices this morning. guy: there was a lot of talk about the fact that institutions will be stepping into this market in a big way. what are you seeing from institutions? which ones are stepping up? which ones aren't? michael: what is really encouraging is some of the traditional players continuing to get into crypto trading. some new firms like cowen and others have begin trading and offering crypto services as well, and on the investor side, there is no question amongst investors that crypto as an asset class is here to sta

here is michael mckee. michael: economists were spot on with their forecast.tion rises .8% and that puts it at 7.9% on an annual basis, which is exactly what was forecast. it is the highest and's january of 1992 -- it is the highest since january 1982. what happened then? a record for the fastest patrick in hockey history? the core goes up which push us 6.4% year-over-year. in a sense economists have this right. the problem is this is all february data in the war in ukraine did not start until february 24. it does not encompass most of that. looking at the biggest movers in the index, gasoline is what we wanted to check because that is what really made a difference the last time. i did not have that one in front of me yet. this is not coming up as the right number. here we go. the gasoline price index goes up -- goes up by 6.6%. gasoline a major contributor to this and that was before the war. food prices up 1%. that is also a major increase. those are the categories americans pay the most attention to. used cars is something everybody watches and it looks lik

michael? hope it is the last but we're not sure yet. martha, as you said, thank you so much. george? >>> we want to get to the situation in kyiv right now. senior foreign correspondent ian pannell is there right now. good morning, ian. >> reporter: yeah, good morning, george. this is what's become of the center of kyiv. you can see these heavy fortifications, sandbags, tank trap, not just here but across the city. this city is waking up every day to the sound of aerial bombardment. in terms of the russian land invasion that seems to have stalled nine miles from the capital and haven't advanced for well over a week now. this morning, as russia expands its attacks with that missile strike near the western city of lviv, the onslaught of russian bombardment in kyiv continues again today. firefighters battling a blaze in an apartment building struck by a missile. every morning in the capital has started like this this week. the city's mayor posting a video from the rubble pointing out the destructi

go ahead, michael. yeah, it's unfortunate because in spite of the, the crisis and the in the humanitarian devastation that has occurred a, it seems as though the west, particularly may, the biden administration. and most especially the neoconservatives with them at like victoria new and are, are pushing this to a brink. and we, and i don't know why, except that they're trying to contain rush, i think they're trying to overthrow the government in, in the russia. i think that's our ultimate goal. they want the people in russia. i think that russia is the ultimate target. ukraine has always been just the, the, the, the, the debate if you will. and, and this, and you saw this in the, in the lead up to the opening of hostilities when stolen burg, of the others were just so adamant about nato expansion. notwithstanding the that is in violation of, of almost 30 years of agreements that were signed up between the west on the east. and yet these agreements like all agreements i guess are made to be broken and th

thank you, michael. >> yeah. i've been interviewing both of you since well before this even began and we will continue to check in and follow your journey. peter, taras, good to see you both, do stay safe. thank you. >> thank you, michael. >> all right. ukraine's president has so far refused to leave the capitol in the face of russian attacks. coming up, what would a ukrainian government in exile look like, should the country's leadership have to flee? >>> also still to come, with growing vladimir putin war crime investigations there are questions whether a prosecution could be successful. i speak with an expert about that, coming up. i have moderate to severe plaque psoriasis. now, there's skyrizi. ♪ things are getting clearer, i feel free ♪ ♪ to bare my skin ♪ ♪ yeah, that's all me ♪ ♪ nothing and me go hand in hd ♪ ♪ nothing on my skin, that's my neplan ♪ ♪ nothing and me ♪ nothing is everything ♪ achieve clearer with skyrizi. 3 out of 4 people achieved 90% clearer skin at 4 months. of those, nearly 9 out 10 s

we have a lot of michael's. a deeper the roots and also anna's book three mothers and maybe we'll even get some book plates from michael, but we definitely have their books in stock both corte madera store san francisco store, or you can just call us up in a bookseller will help you or you can order online. we're happy to help and move this book. not only for book passage, but for these marvelous authors, we want to we do want to encourage them to do more and come on book passage more often. maybe next time in person if you're in the area. well, yeah, it'd be fun wait, right? thank you so much and thank you for the book passage audience for showing up for participating putting in some good questions and until next time everybody. be safe and healthy and we'll see you again. weekends on c-span 2 are an intellectual feast every saturday american history tv documents america's story and on sundays book tv brings you the latest in nonfiction books and authors funding for c-span 2 comes from these television companie

michael will be a good lesson for him. it was like, what would be a good book to teach the kids about book club or to teach the kids in my classroom? like what would be a good story that they could tell and see themselves reflected in and and give them hope so were my primary motivations are our audiences and i really what i really wanted folks to get from the book was a jeep telling the internet is universal. my resources opportunities are not number two the importance of carrying mentors and carrying adult is not a policy solution, but can make a difference in one life. and then number three just to work we have to do to make country great that this country has great potential, but we have to do the work to really get it to be where it can be and then number four that products isn't necessarily always fun. it can be dirty. it could be difficult, but it's so necessary in that. folks impacted by problems absolutely have to be part of policy solutions. they absolutely should be at the table and they shouldn't be receiving s

one of those in attendance is michael o'leary, ceo, ryanair. you for joining us today in the middle of this summit. we have to start with energy and fuel prices. we have this announcement from the white house of sbr release of those reserves. oil prices are coming down. in the past you said you 80% hedged with fuel prices, but how much of a relief is it for you to see lower oil? michael: it is some relief to our customers. ryanair is 80% hedged until march 2023. we are in a strong position. it is not good for the industry or consumer confidence that we have escalating energy prices. we want to see an early conclusion to the unlawful invasion of ukraine. and much more stability in the energy price markets. dani: even if it does not hit your cost specifically, if the consumer feels the pain, they are paying more at the pump. do you see that reflected in them less willing to buy tickets , less willing to go out and travel and spend that money? michael: the industry is still recovering from the covid pandemic. there appears to be pent-up demand for

we are working on michael's microphone. michael and united way will be there answering your questions until 7 p.m. tonight, you can submit questions on social media using the #askfinney kristen: we have reconnected with michael. we want to get back to him to answer your tax questions. michael? >> questions tonight until 7 p.m. right here on channel seven, you get a hold of them along with the cpas by going online to abc7news.com, or our facebook page, just look for abc7 news' facebook page. we have an expert to answer questions right now, we want to talk to him about the child tax credit because it gets complicated. we are going to start from the beginning. this was part of the relief. that came through congress and president biden. >> yes. part of the american rescue panel. c advanced child tax credit. and previously years, you only got it when you filed your tax return at the end of the year. this year, you get advanced child tax credit payments, which are typically half the amount that you would get for the whole year. a

we have michael hudson. he is a professor of economics at the university of missouri, kansas city, as well as author forgive them their debts and in prague we have brad blankenship. he is a columnist at c g t n, a freelance reporter for should y as well as an r t contributor or a gentleman cross sack rose in effect. that means you can jump in any time you want, and i will appreciate it, michael, let me go to you 1st in new york. this is the 1st time in history, the global reserve currency. the dollar is being used as a weapon against the g. 20 country, what is the significance of that? well, i think it's trying to speed the partying. guess now, since america one of gold and 1971, it's been the great beneficiary of other countries holding their reserves in dollars. that meant when the banks in europe are even russia, old dollars, they buy us treasury bills and essentially they're lending their money to the us treasury, supporting the dollar and the balance of payments. and that's what is enabled america to af

the day we spent with michael, he was on lap number six.re than a few to go. >> 34 more. >> i'll save you the math. that means he's running 300 miles, up and town mount tam, over the course of a week. it is, you might have guessed, something no one has ever tried to do before. >> you have to be a little crazy. >> reporter: the first question anybody has for michael is, why? >> for the answer, he takes you back to a career in high tech, good for his wealth, not so much for his health. >> once i started my i.t. career, it's a lot of sitting on my butt, long hours. >> reporter: but in 2009, he decided to channel his energy towards fitness. and within a year, crossed his first marathon finish line. >> the first time i ran through that finish line, it was the most exhilarating feeling. just tears came out. >> reporter: doing something that at one point seemed impossible, felt liberating to michael. he began tackling longer and longer distances. all the while becoming a roaning coach to help other -- a running coach to help others. >> once you cr

i'm michael holmes in lviv, ukraine. u.s.dent joe biden says the response to russia's invasion of ukraine shows how badly vladimir putin miscalculated but that is not stopping moscow from pressing on with its onslaught on multiple fronts. a battle is raging right now for control of the southern port city of kherson, that it's denying moscow's claims that it has already been captured. meanwhile, fighting intensifying in kharkiv, ukraine's second largest city. this was the scene a short time ago. large explosions at kharkiv university and the regional police department. ukrainian officials say it was hit by a missile strike. the exodus of people fleeing this country could become europe's largest refugee crisis of the century. nearly 680,000 people have already fled to neighboring countries including two romania where ukrainians are cuing for up to 20 hours trying to cross the border. officials say it is only going to get worse. joining me is an anchor for cnn affiliate. good to have you with us. just give me a sense of what you

we have michael hudson. he is a professor of economics at the university of missouri, kansas city, as well as author of forgive them their debts and in prague we have brad blankenship. he is a columnist at c g t n. a freelance reporter we should watch as well as an r t contributor or a gentleman cross stock rose in effect. that means you can jump in any time you want. and i always appreciate it, michael, let me go to you 1st in new york. this is the 1st time in history, the global reserve currency, the dollar is being used as a weapon against the g 20 country. what is the significance of that? well, i think it's trying to speed the partying. guess now, since america was told in 1971, it's been the great beneficiary of other countries holding their reserves in dollars. that meant when the banks in europe are even russia, old dollars, they buy us treasury bills and essentially they're lending their money to the us treasury, supporting the dollar and the balance of payments. and now that's what is enabled ameri

let's start with the russian federation , that's all that residents who know friends michael michaelse is just fine. i will remind him all the time about this phrase. he said, well, whatever happens, happens. well, history is written by the winners, so we only have one single option for michael to finally, how says understood. anyway, now i have a question. here i am, and i am watching again, but what the nato members are doing, and i have a clear feeling that they are preparing and preparing for something not very good. or rather, let's say. so that what they want to do will lead to something not very good. here, look what zelensky says about this, he asks them at the beginning for 1% of their aircraft tanks. yes, and they are gathered in brussels. no, of course, we won’t let zelensky get upset again. yes, but at the same time, zelensky's synchronism is here look. let's see zelensky's sync where he speaks openly about the third world war. why? did he suddenly talk about it? why let's listen to him? i'm ready dumbass. i am ready to negotiate with him i have been ready for the last tw

i think, in an ago that that is what michael gove ought to be | is what michael gove ought to be doingm sure he was watching and listening to me. but why not? these houses, many of them have been bought through secretive bank arrangements and sit empty, particularly in london. i'm sure there will be people saying that you cannot do that legally for this than the other. and according to the mail on sunday, this is something that michael gove enough ruling up secretary have been passionate before in the cabinet but it is the foreign office of the treasury believe it is not legally workable. and at the same time as the government is saying to ordinary people, take someone in, you've got a space. properties that have been seized. they might as will be used. and whether or not it is workable, you have to see if michael gove can get it through. he may have a battle on his hands. i get it through. he may have a battle on his hande— get it through. he may have a battle on his hands-— on his hands. i think he would. i don't know— on his hands. i think he would. i don't know what _ on his hands.

we have michael hudson. he is a professor of economics at the university of missouri, kansas city, as well as author of forgive them their debts and in prague we have brad blankenship. he is a columnist at c g t n, a freelance reporter for should y as well as an r t contributor or a gentleman cross stock rose in effect. that means you can jump in any time you want. and i always appreciate it, michael, let me go to you 1st in new york. this is the 1st time in history, the global reserve currency, the dollar is being used as a weapon against the g 20 country. what is the significance of that? well, i think it's trying to speed the partying. guess since america one of the gold in 1971, it's been the great beneficiary of other countries holding their reserves in dollars . that meant when the banks in europe are even russia, old dollars, they buy us treasury bills and essentially they're lending their money to the us treasury, supporting the dollar and the balance of payments. and that's what is enabled america t

michael: what is neutral to you?ames: on the funds rate, i've got 2% because my r-star is lower than others. i'm willing to go with a zero, so that is lower than other estimates out there. i would be 200 basis points on the funds rate, but i want to go to 300 this year to get restrictive, and then that will help us turn inflation around, and hopefully we also get some moderation in inflation from other sources. michael: what you worry about is inflation psychology getting embedded in the economy. what are ceos telling you about shortages, supply chain problems , and about what they are able to charge, the pricing power? james: most disturbingly, they are telling me that pricing power is not a problem, that they are able to raise prices and pass on the higher costs to their customers. that is exactly the kind of situation that you don't want. you want them to be more worried about losing market share when they raise prices, so that dynamic has been worrisome to me, and that is something i think we need to get under co

michael, go ahead. well, apart from being a paper tiger, it's obvious that nato will not be offensive. no, no country is going to invade any other major country anymore. nato is an offensive organization. and the question is, does he want to be part of an american offense and get involved in afghanistan in the near east and in africa that the united states are setting up the fight under the chinese there. so all of a sudden it is europe going to remember to rise? well, germany's re militarize in and even though it's running into a depression, it's increased, it's military spending to more than 2 percent of g. d. p. as in effect, europe is acting as if nato is running its foreign policy and domestic policy and nato's following us a policy. so at a certain point, the nationalistic parties in europe on the right are leading or the let me, let me finish with brad in prague. you just heard michael, that did anyone in the european union vote for that agenda one minute to brad. you know, i just really hope tha

>> well, look, michael. the -- both foreign ministers arrived here in this really beautiful resort town. a gulf and spa resort town in southern turkey on the mediterranean coast, quite a world away from the war zone they are expected to meet as you mentioned in the next 45 minutes or so. we are already seeing bilateral meetings taking place between the turkish foreign minister and his ukrainian counterpart. of course, the turkish foreign minister will be attending those meetings. trilateral meetings between both the ukrainian and the russian foreign ministers. this is really coming after a serious diplomatic push from turkey, the turkish foreign minister, and turkish president, recep tayyip erdogan, for the past few days and weeks have really been working the phones to try and get a meeting going. they tried to bring president zelenskyy and putin together but, for now, this is the meeting that they have managed to facilitate. and, you know, turkish officials, michael, are quite hopeful that this is going to

michael, ithink some of what she was there with michael.you came on the programme a couple weeks ago. you said the russian forces have three weeks before combat effectiveness becomes increasingly exhausted. does that suggest that we are in quite a pivotal week? yes. exhausted. does that suggest that we are in quite a pivotal week?— are in quite a pivotalweek? yes, i thinki are in quite a pivotalweek? yes, i think i said that _ are in quite a pivotalweek? yes, i think i said that about _ are in quite a pivotalweek? yes, i think i said that about two - are in quite a pivotalweek? yes, i think i said that about two weeks l think i said that about two weeks ago. from what i can tell most have stalled out on both the front trying to advance on kyiv, the capital and also in the southwest was up most of the movement or progress if there is any is now in the eastern part of ukraine, around the donbas and that matt green battled for mariupol. so far it looks like they haven't been able to encircle the ukrainian capital, they're quite a ways from doi

michael mckee, good morning. michael: the internet is slow today. we are waiting.athan: there we go. michael: jobless claims back cover 200,000 to 202,000. last week it came initially at 187,000. that is not a surprise. a lot of people thought jobless claims were overdone last week. 187,000 was revised up to 188,000. we are still extremely low. the pce numbers, the deflator on a month over month basis up .6%. that is the same as last month. it pushes the year over year deflator, the pce index to 6.4% from 6.1%, with estimates. it shows the inflation problem continues for jay powell. americans made more money. the personal it comes for up .5% after no change last month and spending up .2% after a 2.1% aid the month before. it looks like we've made a little bit more money that we held onto it. that will be the question is how fast does the economy slow down in the face of higher interest rates even if americans have more money. a lot of predictions are we will be spending down the savings rate. at this point it could be what is happening, but as long as people are re

for now, i handed over to michael steele. hello, michael. >> hey, how are you doing? good to see you tonight. >> good to see you. i have to get home so i can watch your show. >> all right, now, hurry up now. you're going to miss the moment! good evening, i'm michael steele in for ayman medina. tonight, be not afraid. those were their words president biden used to begin a historic address to the people of ukraine. amid what he called the cruelty and brutality of russia's unjust war, biden speaking a neighboring poland framed the conflict as a battle between freedom and totalitarianism. >> in the struggle for democracy and freedom, ukraine and its people are on the frontlines, fighting to save their nation. and they're brave resistance is part of a larger fight, for an essential democratic principle that unite all free people. my message to the people of ukraine is a message i delivered today to ukraine's foreign minister and defense minister who i believe are here tonight. we stand with you! period! >> and biden had a strong message for vladimir putin. we >> don't even

it's funny that we talk about the michael jordan -- similarities between michael jordan. s, andere y, i was like, he lar ars id something tos packers d ns heiring from music and came without a new album and then another one? i feel like now we're going to be so skeptical anytime we hear that. >> and brady is basically the jay-z of football. >> ah, i see. >> what's he got, seven super bowls? probably going to win. you know, at least he did it now before the nfl draft, early in the offseason. so tampa is now one of the super bowl favorites. and we'll get to his decision and speculate as to how he came to that decision later in the show. >>> but first we begin with bold resistance in ukraine. ordinary citizens taking a stand up to the russian tanks. >> hundreds of protesters in the occupied city of kherson rallied against the presence of russian forces as they chanted and marched past the armored vehicles carrying a giant ukrainian flag, undeterred even as soldiers fired into the air. >> as russia continues to attack civilians and military targets, putin is looking to china

michael: thanks for that question.ple are getting worried about some of these measures that have flattened out dramatically. that is creating consternation. most of the literature on the yield curve has relied on a short rate of the t-bill versus a long rate like the 10-year. those measures are steepening, around 200 basis points. the federal reserve released an updated study advocating what they call a shorter-term curve where they are looking at t-bills relative to the two year yield also just moved to year to date highs. the curve for forecaster sessions have been steepening, some of the valleys like to-year to 10-year have flattened a bit. we should not make that call. lisa: does that mean that you think this economy can potentially avoid the recession so many people are calling inevitable, if not this year, next year? michael: i think this year will be a year of growth, elevated inflation. i am concerned it will be difficult for the fed to pull off a soft landing because they have fallen so far behind the curve. i