nelson -- >> can i just ask nelson something that's bothering me?son, katz, who runs oracle, truly great executive, you tried to speak to her. at one point, she says she can't speak to you some lawyer told her she can't speak to you what the heck is going on? why can't you speak to people on the board? >> is this communism i mean, really are we in china, or are we in america? >> let me check it out i don't know >> it's ridiculous jim, during the p&g proxy fight, i could speak to any director whenever the hell i wanted and they could salespeak to me we had a better understanding. that's why, when i came on the board, after that ridiculous proxy fight, unnecessary proxy fight, everything was collegial. they gave me a parting gift when i stepped down i still have it. it meant a lot to me my parting gift to them and the shareholders -- let me finish this one, david. >> okay. you finish and then we got to go >> my parting gift to them was margins went up 25%. market shares went up for the first time in a dozen years. and the stock went from the 70s to $1

some of those including nelson peltz.ed many boards including to be successful with him on it. sometimes a result of him being on it and others by coincidence. others have not worked out as well when you think about all of the challenges at play and issues with disney, do you think he can help them? do you think it would be helpful for him to be on the board >> i'm not sure. his specialty is management efficiency he is not known for major restructuring. i'm not sure -- he hasn't said anything about selling espn. entertainment industry will be a challenge for him. i haven't seen anything he said so far or in his background which is really unique business which i don't know he has any particular expertise in. >> jim, the proxy is out now they filed the proxy i'm reading through it now apparently in the background to the solicitation where you are going through it, he has been in this for a while nelson met with bob chapek on july 11th. he talked about the long-term interest in disney and working with companies they had conv

what's your thought on back nelson? well, i look at this as from a different, i didn't go, i think people in, in america or people we other western countries. is that correct? they amplify this china threat in order to get money to, to spend on military expenses. i think it's all about money. it's not about the actual threat or not. know it's, it's about money. well, i think an awful lot of people would agree with you on that. as, as many people say, big business rules, the de, nelson wong, the vice chairman of the shanghai sent f, a rim path and international studies. also a valid i club experts. so good to have you on. thanks for your time. thank you. thank you. and thank you for your time as well. and joining us here for the show live from moskowitz, r t international. we are back soon with. ah ah ah ah ah ah let i was gonna just put on there then you don't you have any mutual got that nice . i'm with denise dillard, i got the company will read today. share that also sure you seem up movable when a few that with us m

what a good interview with nelson peltz >> disney having a good day. having a great start to the year as well. stock's having one of the second best performer stocks so far this year. the three-year down 50 pest from the all-time high in march of 2021 in fact, it's back below where it was pre-pandemic and a big part of that drop was due to the latest quarter, far from a fairy tale as streaming costs mounted. it led nelson peltz to try to launch a proxy fight with the company after disney opposed his attempt to try to join the board board yesterday. they build up a stake in early november before iger took the reins as ceo pelts was on "squawk on the street" this morning talking about what his goal is for the company. >> my goal is to reduce corporate overhead to a point that the company gets better i would like to see this company stop running like a matrix and start running like the companies we have been involved in, where they have real ceos of businesses with real pnls, real cash flows, and real projections. i know it's hard in the movie business, b

nelson peltz, bob iger, they probably roll in the same circles.case to get a board seat to affect the change one way or the other and i don't see why bob iger and the board need to give a seat you know what i mean have at it go on cnbc with mr. faber every other week and talk to him about what they should be doing. they will hear it and ultimately it will either work itself into the broader investor base and some of the management thinking. >> matt said the timing was curious. that's probably my word, not his. i think the timing is perfect if you're nelson peltz. listen, he turned 80 years old last summer. he's extraordinary in what he's done in his career this is moby dick for him. i understand procter & gamble's probably twice the size of disney, market cap, but disney is disney. everything he said bob iger knows, absolutely. we talk about the same type of stuff. but if in fact disney starts to turn around nelson can say i i was the guy that turned around the walt disney company single-handedly. and that's a huge pelt on the peltz -- >> pelt for

nelson, gentleman from florida. mr. nelson. to the families. my personal friends, -- scobee, mike smith, judy resnick, ron mcnair, al honor, azuka. christa mcauliffe and greg jarvis. grayson, i extend to you our thoughts and prayers to your families, to your friends at the time of this hour of, your loss and our shared grief. the space program has been a marvelous program for america to expand its knowledge, its horizons and it will continue to be so in the future as long as man has the thirst for knowledge. we will continue to press outward and in the process there is risk risk. that risk is taken by each one of us every day. and that risk is understood by all the members of a crew that climb in to a loaded spaceship. but i concluding remarks would be, as we reflect upon this tragedy, a tragedy that this whole nation grieves in. let's remember the remarks by someone who something about risk, a gallant lady named helen keller. when she spoke of risk and security and this is what she said, 630 is most a superstition. it does not in nature, nor d

and we end with the new yorker piece entitled nelson mandela. the harlem made 2013 nearly four decades later. in between the topics and commentary to, numerous to summarize. but i just want to mention a few months vignette the black panther party, donald trump affection on my sisters. one of my favorites, of course malcolm x, julian bond, dr. martin luther king jr. trayvon martin. your reach is broad and deep. in 1970. one of the most important years in black women's history, the publication of tony cape embarrassed black woman, alice walker's the third life of grange copeland, audre lorde collection of poetry cables, strange, the founding of essence magazine. i can go on and on. in any case, you published. and i hadn't read this one before. i couldn't remember this one. and november 17, 1970, an important piece. many blacks of women's liberation movement in the united states. and i agree with everything you said. oh, thank you. in when you mentioned alexis, even mort, you mentioned several militant feminists, black women whose names are still n

ed: nelson peltz nominating himself to the company board. what could this mean? caroline: we talk with a venture capital founder backed about her new fund dedicated to investments and longevity. the spending power and influence of women and david -- women in diverse communities. first, let's check in on these markets because once again, it was a day of macro affecting your benchmarks. looking at the cpi print, the inflation data actually showing a drop in overall prices in the month of december versus the month of november. down 0.1%. month on month we still see that cpi showing that inflation has may be piqued. it's back up 6/10 percent. country world index up for five straight days. similar moves the nasdaq. five straight days is the longest winning streak we've seen since july 2022. the key move was in borrowing costs. yields, bonds, yields have come down by 12 basis points on the five-year. across the curve we see borrowing costs for a as we think the federal reserve will slow the pace of hiking. we are hearing from a litany of members of the fomc talking abo

with that, i recognize president nelson for five minutes. ms. nelson: thank you, chair defazio. we appreciate the opportunity to talk about the importance of and feasting -- importance of investing in our nation's transportation infrastructure. we represent flight at 19 airlines across the nation. we are grateful for the opportunity to testify on the benefits of the american rescue plan, infrastructure investment jobs act and the inflation reduction act. aviation workers where the bailout. thanks to chair defazio and the bipartisan action of this committee, that was not the case this time. enacting the payroll support program meant we kept critical service in place to all of our communities. we stayed connected to her health care, retirement contributions, maintain contributions to social security and other long-term programs, as well as supporting other jobs. psp kept all systems in place and did not strain other public assist since programs that people needed during the crisis. the program that chair defazio -- it is an example of problem solving. it is recognized as the gold

just finally, nigel nelson , i'm looking at the nigel nelson, i'm looking at the diary of the formerrime minister, boris johnson. he popped up minister, boris johnson. he popped up in the house of commons yesterday. he gave a little speech about housing, criticising sadiq khan and all the rest of it . and tonight, he the rest of it. and tonight, he is the guest of honour at a dinner at the carlton club unveiling a portrait of himself, the carlton club . of course, the carlton club. of course, this sort of tory political thought , i this sort of tory political thought, i wonder, is boris johnson on manoeuvres . well, johnson on manoeuvres. well, we'd all like to know quite what he's up to. there's certainly a number of tory mps who think that he should make a comeback and every body will be watching his speech tonight at the carlton club to see if there's any kind of coded hints that that's what's on his mind . i that's what's on his mind. i don't think there will be . i don't think there will be. i think it'll be a typical funny speech , well—delivered as he as speech, well—delivered

miss nelson, welcome.hank you for joining us. >> mayor brown and ranking member and members of the senate committee -- i am the president and -- legal defense and educational fund. and i am grateful for this opportunity to testify about racial discrimination by financial institutions. there have already been so many examples cited and i will cite one more. it speaks to the disparate treatment and discrimination that so many black people face in this country and it goes under reported in our society. less than a year ago, in 2021, december, a black man by the way of peter -- went into a u.s. bank in bloomington, minnesota, and requested a cashiers check from his business account. the tellers refused to issue the check and told him the money was unavailable. even after he called u.s. banks when 100 number to confirm, the wired funds where there, the tellers told him to go to a different branch and to get the check there. they then call the police. this discrimination has severe consequences. unfortunately, h

carole malone, nigel nelson, karen gifford, my superstar there will nigel nelson, karen gifford, my sul nigel nelson, karen gifford, my su;all night there will nigel nelson, karen gifford, my su;all night that there will nigel nelson, karen gifford, my su;all night that the|up. ill be all night that coming up. laurence tackles everything laurence fox tackles everything from crisis from the shocking channel crisis predictions to predictions for 2023 to the vegan revolt against vegan food revolt against britain's council. britain's wokeist council. that's report . you don't that's the fox report. you don't want to miss it 935, but up want to miss it at 935, but up next in the clash, should king charles ban the sussexes from the palace balcony? the buckingham palace balcony? if the coronation? royal if attend the coronation? royal biographer angela levin and author journalist owens author and journalist owens clash straight out of the right. but it's your view that matches the most to me. so email me. diana gbnews.uk. vote in our poll at gb news. the results coming up straight after bite

i think nelson peltz agrees with you. robert schein, thank you >>> we are just getting started this hour. when we come back on "worldwide exchange," more on what we talked about the board seat battle at disney and what it means for shareholders. >>> and later, my shell girard is here to talk about the cpi print and what it could mean for the markets and your money. >>> plus, 20,000 delayed flights later and the faa still investigating the massive outage yesterday. why don't we know more by now? we'll talk about it when "worldwide exchange" returns cau get a payroll tax refund, even if you got ppp and it only takes eight minutes to qualify. i went on their website, uploaded everything, and i was blown away by what they could do. getrefunds.com has helped businesses get over a billion dollars and we can help your business too. qualify your business for a big refund in eight minutes. go to getrefunds.com to get started. powered by innovation refunds. this is ge aerospace, advancing flight for future generations. ♪ welcome to

you know what, nelson, i've wasted enough for your time. nelson wong, vice chairman of the shanghai center for international studies, have a great evening. thanks for joining us. thank you. thank you. and the thank you for joining us here for the program on our team. so on sunday, israel's national security minister gave an order to take down palestinian flags hung in public places, claiming they expressed support for terrorism. this inconceivable that lawbreakers will waive terror flags in sight, encouraged terrorism. i have issued instructions for the removal of the flags which support terrorism from the public space into stop incitement against the state of israel. freedom of expression does not extend to identify with the terrorist and those who want to harm idea of soldiers. well, i meanwhile artes from ma, maria phenomena was visiting a village in palestine where the residence say it there. they actually say the village has been demolished by israeli authorities more than 200 times. over the past decade. this bedroom in village, which

nigel nelson . cheap? well, nigel nelson. cheap?l, actually , that's what he was. actually, that's what he was. his family worked hard. actually, that's what he was. his family worked hard . they his family worked hard. they built up their business. so he tells us great gatsby to steve. and he was it was light on any kind of substance and heavy on platitudes rather than the ed stone . it reminded me more stone. it reminded me more replies pledges that he went into the 9097 election. but at least with blair, he put figures on those pledges to show the targets he was aiming and to judge him on whether whether he would actually make it. richard said it did. none of that. so inflation forget . of course inflation forget. of course it'll come by half. the office of budget responsible , which has of budget responsible, which has been predicting that more than half, it'll be 3.8. similarly with debt. debt is going to come down. it'll be 30% higher than it was in 2012. but it will come down when it comes to waiting lists . they're also goin

first start with miss nelson. you briefly, very briefly, because i want to ask questions to a number of people, summarize the difference between what happened in 01, 08 and with it psp? >> certainly. and 01, the airlines were given $5 million to recover the time that the airplanes were actually on the ground. they were also given a grant program that many did not get approval for, even though airline employees agreed to concessions. there is always bankruptcies across the industry. we lost our pensions, we took 30 to 40% cut and pay. we increase productivity so that airlines were working essentially with one worker for every two that they had pre-9/11. that was a bad move going into the pandemic, actually. part of what we saw as a result of stopping problems this summer. and it was, the bailout was really put on the backs of employees while airline executives and bankruptcy lawyers enrich themselves. it grew inequality and it was 20 years of austerity where we did not work on any infrastructure issues. we did not

. >> disney leadership continues with activist investor nelson peltz nominating himself to the company board. what could this mean for them? first we talk with a venture capital fund backed by melinda french gets but her fund is on the dedicated to investments and longevity, the spending power and influence in women in diverse community's. first, let us check in on these markets. once again, friends, it was the day of macro affecting your benchmarks. let's take a look at the inflation data, actually showing a drop in overall prices in the month of december versus the month of november. overall we are still seeing that cpi showing inflation is cooling, maybe it even peaked. the nasdaq is up 6%. similar moves to the nasdaq. five straight days, the longest winning streak we have seen since july of 2022. yields, bonds, we see yields come down by 12 basis points on the five-year but across the curb, we see the -- we think the federal reserve will start slow the pace of hiking. we are certainly hearing from a litany of the members talking about just a quarter of a percentage point as the new

triumph fund has a taken a large stake in the media giant and is demanding a board seat, activist nelson peltz. the stock, which had been down 39% year-over-year, is close to an 8-year low, and pelts says current ceo bob iger who's just returned again completely bungled his succession plan, executive compensation's too high, streaming business losses need to stop. so after a meeting with iger on tuesday who basically blew off the request, he's launched into agitator mode. will it work? coming up, one of the top analysts on wall street, rich greenfield, throws down his own gauntlet in fight, and we'll ask him whether it will change his call on disney's stock. all right, the nasdaq's on track for its fifth day in a row of gains, the longest winning streak since july. something to note here, have you guys noticed that lucid has been on the run? the luxury ev maker moving up at 5.25 the % on news it's exceeded its full-year production guidance, but lucid's had a phenomenal couple of days. week to date it has soared 28%. and the if james bull articled says that the -- bullard says the economy

welcome nelson. what do you make of the statement by the us marine commander? what kind of fight is this exactly about? well, honestly speaking, i really don't know what i, what, what the us general men to because the, the us has over a 100 military basis around the world and rebuilding this military base in won is of course the u. s. internal decisions. but when, when we hear that they are claiming the purpose of rebuilding this military base is to, to get repaired or for a fight with china. this is quite confusing because where does this come from? i mean, china has never accuse to any one has never confronted any one with military confrontation has never called us an enemy, but to taiwan, come on taiwan is part of china. it is china's domestic affairs. so this is something that is quite confusing, right? i mean, in the u. s. as they recognize the one china policy. but do you see any comparison between ukraine and the situation with the was the ukraine and the situation with either the us military playing or role in ukraine for a long time since 2014. and now

nelson.would you briefly very briefly, because i want to ask questions of the number of people summarize the difference between what happened in a one, onlypsp . >> in 01 the airlines were given $5 billion to recover their time and airplanes were on the ground. they were also given a grant program that many did not get approval for even though employees came in session. the result was bankruptcies across theindustry . we lost our pensions, 30, 40 percent cuts in pay rent increase wjason (the one were to have three. it was and is actually on what we saw as a result of solving problems this summer . it was the bailout was on the backs of employees while airline executives bankruptcy lawyers enrich themselves. grew inequality and it was 20 years austerity where we did not work on any infrastructure issues. we move forward on autopsyand inclusion issues , do not union contracts will attract people to the airline industry that is also why you happy in the following now for many of the jobs, licens

and nelson mandela was considered a terrorist by the united states and by great britain. and by all these major international western democracies, until that was not politically feasible. any more, i don't think we should expect anything different when it comes to israel. having said that, the way this legal, this legal battle is going, you know, inch by n shit is incremental and it's painstaking. and it's got wrenching and it will cost even more palestinian blood and tears. but that is where all these countries are being pushed to. that's the corner where there will be ways where they can't deny facts anymore. so security council or not, once the verdict is out, there will be a different kind of momentum in the parliaments of western democracies that respect themselves. that have to face the facts and try to find a way to be consistent with their actions in similar situations with their own laws, which they're now violating in order to stand with israel and give it political cover and make it in a country above the law. that is really exceptional, as it will be, hard to

nelson. my first question, addressed to, miss rice, mr. morial, and miss nelson together. the financial institutions discriminate against black and brown consumers? >> yes. we just released yesterday the fair housing trends report which shows senator brown an 8.7% increase in the number of housing discrimination complaints filed. this is the largest number of complaints filed by consumers that we have ever seen. we have never seen this level of discriminatory complaints filed by consumers. we saw an increase and not only the number but the percentage of mortgage discrimination complaints. lending complaints increased by 66% from over the previous year. yes, it is alive and well. we must address that. >> i want to add that in 2020 to the effect of long term systemic discrimination remains real in this country. it is seen in the consistent disparities in market denial rates. it is seen in the disparity in home ownership. that is seen in the disparity of the lack of access to both loan and equit

we're talking about someone named nelson peltz, who can and will help. hopefully the existing board members who caused disney to lose so much value won't prevail in arguing against taking it let's go to ira in texas ira. >> caller: yes, how are you doing? sn thanks for taking the call you've always mentions products that have good products and good services last week you talked favorably about health care management companies. what's your view on teladoc >> my problem is they made a really bad merger and when they did that merger that blew them up i don't want to touch it i think there are a lot better ideas out there. bob in indiana bob. >> caller: hey, what's up, jim >> not much, bob how about you? >> caller: pretty good just waiting to go and work. >> all right >> caller: so i got burnt in my portfolio with moen. i bought that around 19 cents. i sold apple to get there. but with my amazon i sold out of there and i bought roughly 750 shares at $1.60 approximately on bed bath & beyond. i'm deciding whether or not if i should -- >> here's what i think yo

why wouldn't you want to jump this alongside nelson peltz? don't think disney is a great company, not because i don't think bob iger is a great ceo and not because i don't believe nelson peltz can create tremendous value there as a director the company is about to embark on a costly and disruptive proxy fight. and it is just no reason to own the stock during that period after the fight is over, i would certainly reexplore it if he gets on the board, a buy at that pint. >> if he does succeed, you would jump in alongside? >> yes. >> i'm sure plenty of people agree with you about that approach let's shift gears to three buys you have in the universe of companies you track with activist involvement fresh pet, we don't talk about that a lot 9% stake, they told fresh pet they plan to push for a board seat this year, the shares are up 5% in the past three months, not huge they're down more than 30% in the past year. why is this a buy for you? >> first off it a great product and attractive market. if you're not familiar with the company, it is a refr

nigel nelson . cheap? well, nigel nelson. cheap?l, actually , that's what he was. actually, that's what he was. his family worked hard. actually, that's what he was. his family worked hard . they his family worked hard. they built up their business. so he tells us great gatsby to steve. and he was it was light on any kind of substance and heavy on platitudes rather than the ed stone . it reminded me more stone. it reminded me more replies pledges that he went into the 9097 election. but at least with blair, he put figures on those pledges to show the targets he was aiming and to judge him on whether whether he would actually make it. richard said it did. none of that. so inflation forget . of course inflation forget. of course it'll come by half. the office of budget responsible , which has of budget responsible, which has been predicting that more than half, it'll be 3.8. similarly with debt. debt is going to come down. it'll be 30% higher than it was in 2012. but it will come down when it comes to waiting lists . they're also goin

nelson, if the conversation just demands more time than we have available today. nelson wong malakai economic forum expert and chairman of the shanghai center for international studies. always great to see you. thank you for your time. thank you . i thank you for your time as well show wrapping up right now, but we are back in half an hour. ah, ah ah hello and welcome to cross talk. we're all things considered. i'm peter lavelle in a recent interview. french intellectual, emmanuel todd claims. the 3rd world war has already started. its epicenter is, of course, ukraine, and it's a western war against russia and china. if this scholar is correct, then we can expect to be living in a very dangerous world for a very long time. the, the cross sucking global conflict. i'm joined by my guess, george semi well we in budapest, he's a podcast for the goggle, which can be found on youtube and locals in paris. we have john laughlin. he is a university lecturer in history and political philosophy and it needs to be cross to alex hello badge. he is a veteran reporter and foreig

nelson wong, nelson. good evening. thanks for joining us. now do me, 1st of all, i want to get your thoughts on this latest comments by that youth official. i'm criticizing china's handling of those tensions, the board with india. what do you make that? well, i think it's not in the us position to make any comments on that because it's a dispute. it's a border dispute between china and then dea and it didn't happen last night. it has been there for quite some time and both countries of being having a dialogue and communications quite frequently. and the recent speak speech by the indian military chief commanding officer of all already said that the disputes are bon large under control. and so it means that both sides are poking quite actively, but would these beams are easily solved and i always better to be solved between the 2 parties. but the us coming to point fingers at china. of course this is not acceptable, it's 3rd party. it has nothing to do with us. so this is definitely unacceptable. and i think the chinese government is quite ri

maria: is that one of the issues for nelson peltz, nelson peltz company has filed a proxy, officiallyg him to the board which disn disney balked ? >> he's a republican, he's an activist, it's not his first rodeo. disney is a company that's undervalued because of the brand destruction related to these woke policies. maria: he forced change at ge. >> yeah. maria: which was one of the largest companies and he got them to change the way they operate. peter, good to have you this morning. thanks very much for, peter joining us. mark tepper sticking with us all morning and we are grateful for that. quick break, the gop checks off top priorities, house oversight committee james comer demanding information on the biden laptop and the shady business dealings evidence on it. everything that you need to know when we come right back. stay with us. ♪ ♪ ♪ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the

nelson peltz is seeking a board on -- a seat on the disney board. he joined us last week as a guest. we had a very interesting long conversation about his desire for that seat, why he's looking for it, what he wants to try to accomplish if in fact he is successful in that proxy fight this morning, i want to tell people now, we have disney firing back. and coming back hard at mr. peltz on a number of different issues that he raised during both his interview with us and his presentation as well in the course of his filing of his proxy. a number of different things to share with you from the background that disney shares of its conversations with mr. peltz and of the presentation as well that disney is just releasing at this moment. the key thing in the background, of course, that contrast at least with the story that mr. peltz has been sharing is that there was a lot of engagement with disney's board and mr. peltz. that at least is what disney is telling you at this point, beginning on july 11th, continuing on july 15th, july 16th, when actually it wa

plus, disney drama a fiery response to nelson phelps calling him, quote, oblivious.ew details on that growing proxy fight are next and later, call it bet baba and beyond ryan cohen reveals a stake in the chinese giant. why he thinks alibaba can be doing more on buybacks and i guess why he thinks he can make a difference. >> we will chat about it let's first get a check on the markets. the major average is falling to start this shortened week of trading. bumpy so far this morning. wall street is coming off positive back-to-back weeks. sentiment is weighed down by the latest new york manufacturing activity, which plunged in january. energy and staples are leading the games. we have been covering the banks all morning. and, of course, goldman sachs weighing down the dow. we heard from goldman. posting its largest miss in a decade the bank setting aside 50% more than analysts expected for potential credit losses. all four bets purported have been putting money aside, more money for bad loans, including our next guest jane frazier joins us now live at the world economic f

nelson to malign, allowed nigel nelson to by because coming up after he breaks his silence over the meghanight that there is a woke invisible army taking over and destroy queen britain. that's how big debate when the media pulse returns at 1030. but first, as he takes aim at salt, the earth, celebrities like jim davidson for supporting the tories is sadiq khan being discriminatory against white working class men? well, the man who attracted the ire of london's fabled mayor me next for his exclusive . you don't for his exclusive. you don't want to miss jim versus city straight after the . break now, last friday, london's failed mayor city khan made a discreet attack on one of our best loved entertainers responding to a claim that he had put responding to a claim that he had pu t £10,000 responding to a claim that he had put £10,000 for a celebrity endorsement at a launch event dedicated to the cost of living crisis watch . just to confirm , crisis watch. just to confirm, mr. mayor, that that's your mayoral decision that you signed off that said there wa s £10,000 off that said there was £10

nelson struggles with the officers, and manages somehow to escape on foot. later on, after being caught at the second location, officers from the initial stop show up. another altercation ensues, only this time for several minutes. nelson is brutally kicked, beaten, left unable to defend himself, even calling out for his mother at one point. >> mom! mom! mom! >> obviously horrifying to watch and to listen to, and even worse, no one, not one of the five officers involved, it appears to provide even basic help to a man who was obviously in distress. unlike the body cam video, the elevated shot that we have, which apparently is from perhaps, i'm not sure, maybe a pole of some sort or a street lamp, it's an unblinking eye, a window into the violence that some have described as "urban policing at its very worst," which has been characterized as being more violent and more punitive than other forms of policing. and all five police officers, and if you know, have been fired for excessive use of force. the elf face second-degree murder charges among others, and i sh

we'll ask david nelson, buy, sell or hold?cy tengler will discuss how we make money from the fed's move tomorrow. nancy has been spot on. we'll be right back. ♪. your record label is taking off. but so is your sound engineer. 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 do you owe over $10,000 in back taxes? kevin sorbo here with an important message. this means they could garnish your wages levy your bank account and even seize your property. tax network usa, a trusted tax firm can help protect your income and assets today while quickly settling your tax debt. but you have to act now while you still have options. call tax network usa today. ♪. charles: all right, oldest axiom on wall street. wall street, all the experts climb into a foxhole to kind of wait it all out. of course there is a point where you do want to look out of the foxhole, maybe be opportunistic. i want to bring in laffer-tengler, ceo, chief inve

cheryl: joining me for the hot topics all morning long, i've got david nelson and lee carter. lee, i don't know where to go with this. of course they cleaned up the streets before biden you arrived. >> of course they did. now, i think there's as much of a story here about governor a abbott as joe biden. governor abbott says he wasn't invited to meet the president until the night before. cheryl: he happened to get an e-mail, you're going to meet the president tomorrow, right. >> i think the biden administration was hoping that he wouldn't be there. the story was about abbott handing him the letter and the narrative that's coming out it's $20 billion too little and two years too late. he used that in a letter. he used that over and over again. i think that's what people are going to take away and i think there's also a lot of folks out there who are saying is this just coincidentally happening at the time that the leadership is changing in the house and now he's got to make concessions. so i don't think -- i think this is going to backfire on joe biden, i think it's going to be

cheryl: david nelson, jump into this.is the story and has been the story is inflation. but the cpi number is the one thing as we go into another fed meeting coming up, that is the one thing they seem to be the most reactionary too. >> i think it's clear that the cpi and ppi lukely peaked. that's in the rear view mirror. they seem focused on the headline wage numbers. we got good news on friday. the markets reacted to that. household survey was up 717,000. that was a big pop there. i'm not sure whether it matters what we think. really matters what the fed thinks and we had harsh commentary from minneapolis fed president neil cashcarry. he's calling for 5.4%. the market has not priced in. we get anything above 5 we're going to have another -- cheryl: david. >> i actually you agree with ai think the fed is on a very aggressive path and i don't think it is going to listen at all to what expectations are from the market, from pundits. they are going to go ahead and push rates as high as they possibly can and i don't think -- i