tonight we have earnings alert on nordstrom, toll brothers and zscaler, straight ahead. plus ford gearing up for a big investor day tomorrow, they've been on a tear, three big things to watch heading into tomorrow's event. and later we're trading the chips, setting up for nvidia going into earnings. we start off with a sugar-high in housing home sales pulling back in april s because prices are so hot, median price soaring 20% last month, the biggest annual increase in 33 years, not just new homes, it is reinforced on the shiller index showing 13% gain in all home prices nationwide strong demand. short supply historically low mortgage rates driving it higher. builders, names like toll brothers dr horton, lennar and pulte group g going higher, is this sugar high going to turn into a sugar crash tim? >> i think the year-over-year comps don't make a lot of sense in terms of prices affordability has been an issue in housing for a long time some of the migration trends we seen with covid may unwind do we have a housing bubble? i get asked this a lot, investment in single-famil

let's start with nordstrom's first quarter.s revenues are slightly stronger at $3.01 billion compared to $2.9 billion their full year revenue guidance is reaffirmed at more than 25% growth, which is slightly above what the analyst community is forecasting for that same period digital sales increased 23% when you're looking at the same quarter 2020 so remember that was that first pandemic quarter and digital sales represented 46% of total sales during the quarter. that's a pretty significant number there when you're looking at the gross profit for nordstrom, it was 31%. that's a 2,000 basis point increase compared to the same period in 2020 however, a decrease of 260 basis points when compared to the same period in fiscal 2019. there is talk of a lower markdown rate, which is something we've heard from a lot of retailers still nordstrom shares down more than 4%. let's move on to urban outfitters it was a beat on both of the top and bottom line, reporting 54 cents per share. that was well above analysts' expectations of 17 cents

not to worry. >> no inflation at nordstrom believe me because nothing is selling.arl, they actually, they actually missed the numbers. i mean to miss the numbers i mean there isn't even a pretzel stand that missed the numbers and nordstrom missed the numbers. that's an extraordinary feat abercrombie made the numbers this is an incredibility, incredible time. anf. >> urban comp's up 52. and jpmorgan goes up to neutral today, jim and a price target of 38 matthew boss had, you know, had pov questions on the call, i'm going to make a prediction, i think other than dick's, i think gap is going to have -- urban, with a great quarter and i think gap stores will blow it away i really do. >> you've been saying that for a while. >> because i think it's going to be true. >> you've been right. >> i love it >> when he says i've been right -- >> i like to point that out. >> i get so excited. >> your critics certainly love to point out when you've been wrong. >> i said sell gamestop at 400 and i ripped out that darn cart catheter, i thought it was a good call. the catheter hurt l

i have nordstrom's up 15%, i have kohl's up 6%, you have simon properties, store capital, other names, too people want to go out. i have been to the mall a couple of times it feels good. it feels good to be around people, to go shopping and do things you have been locked in your house and unable to do. maybe it is a new time for those sorts of trades, josh. >> judge, the mall bears are wrong af they've been on the same story for 150 years. they're missing what changed since the pandemic the malls have become literally indispensable for every retailer as a place to bring returns back from ecommerce every time you bring a return back from ecommerce you probably buy two or three more things in addition the a class malls, which is the only thing i'm interested in, are adding entertainment options, dining o options and becoming the newtown square for all of the people that discovered and rediscovered the joys of suburbia, which i have been very early to, by the way, moved out of manhattan in '08. when you look at the stocks and the way to play this and the way to play the consumer and the

just approved or dropped opposition to the nordstrom 2 pipeline vladimir putin's pipeline because underneath the baltic they provide cheap russian natural gas to germany and other western european countries, they canceled keystone xl and approve the nordstrom 2 pipeline just today. >> bill gates is not shy about admitting that they actually -- anyone who wants more power over our lives, this is not exactly a hidden agenda at this point, they believe they are better at making our decisions for us than we are and they want to take away more decision-making from the american people. >> i hate to say it but bill gates needs to get his own house in order first. laura: great sentence to end on and seeking of the great reset, the covid lockdown lackeys are in the midst of a reset of their own, frantically looking to get as far away from the pandemic prescriptions they themselves champion so fauci and powers are getting close to the recommendations my next guest doctor scott atlas was suggesting and vilified for a year ago. good to see you. welcome back. it has been a while. your thoughts about the

does this move effectively mean that washington is pulling its opposition from nordstrom to stephen? no, actually it doesn't. in fact, the u. s. position has been pretty adamant all along ever since the administration began and goes back to the trumpet ministration as well. and even texas state, tony blinking was re emphasizing this in a phone call to his german count yesterday. but what is happening is that it is the escalating, it's all positions. it's essentially just not going ahead with the sanctions on the company at the very heart of the project, which of course, will greatly increase the likelihood that it actually finally gets finished. what's behind this change? of course you said the escalation, what does that mean? yeah, well essentially what that biking ministration appears to be doing is recognizing the fact that the german government really doesn't want to back down the street. they've been pretty, equally adamant that they want to go ahead with it. that it is a commercial venture that the government kind of has no business going in and pulling the rug from underage an

we'll get the latest on nordstrom tube. and governments have piled cash of developing coven 1900 vaccine. but funding for cov a to has been scarce. that's the beginning to change the globe work of the show. i see there's the in berlin, investors that bitcoin on a rollercoaster ride wednesday. currency plunging below $40000.00 early in the day and briefly trading below 30 percent before recovering some of those losses. driving wednesday, shock with an announcement from the people's bank of china banning financial and payment services from using crypto currencies. digital coins have also been taking more losses in recent days as investors appear to 2nd guess the heavy rush, the past few months. really. so if he ends quarter in new york for more on this yet good to see what's behind this, this, this rush that we've seen right now. it's up one moment. it's down the next moment . give us a big picture of what's going on with the coin. well, i mean it's boom and bust then to this recent crisis while it's in the making. i mean, pr

it's all position from nordstrom to well, it's steven no, actually it doesn't. in fact, the u. s. position has been pretty adamant all along ever since the administration began and goes back to the trumpet ministration as well. and even secretary state, tony blinking was re emphasizing this phone call to his german count yesterday. but what is happening here is that the escalating, it's all positions. it's essentially just not going ahead with the sanctions on the company at the very heart of the project, which of course, will greatly increase the likelihood that it actually finally gets finished. what's behind this change? of course you said the escalation, what does that mean? yeah, well essentially what the bag you ministration appears to be doing is recognizing the fact that the german government really just want to back down on the street. they've been pretty, equally adamant that they want to go ahead with it. but it is a commercial venture that the government kind of has no business going in and pulling the rug from under it. and the bike administration appears to be now

will get the latest on nordstrom tube and governments have piled cash and developing cobra, 1000 back seen. but funding for cova treatments as been scarce. that's beginning to change. local to show i see there's the in berlin, investors that bit coin on a rollercoaster ride wednesday. currency plunging below $40000.00 early in the day and briefly trading below 30 percent before recovering some of those losses. driving wednesday, shock was that announcement from the people's bank of china banning financial and payment services from using crypto currencies. digital coins have also been taking more losses in recent days as investors appear to 2nd guess the heavy rush, the past few months. so if he ends quarter in new york for more on this yet good to see what's behind this, this, this rush that we've seen right now. it's up one moment. it's down the next moment . give us a big picture of what's going on with the coin. well, i mean it's boom and bust then to this recent crisis watson to making, i mean, pressure has been building up in the past couple of days. first, a couple of tweets fro

the success they've had going b to c very important but massy's and nordstrom and gap is different story. niece are broken companies that found a way through restructuring through covid to accelerate restructuring you know, maceys had had a 51, 52% short interest in july, august down to 13%. nordstrom in the 30s now down to 8.5% companies thought to be going out of business and speculators were -- a lot of these trades i've liked macy's been a longside position because they've been converting to digital sales, the proportion of the new dollar of sales now digital is in the 40s. it's a great story from that regard what's left, you're really asking a question about to what extent will disposable income continue to be high? i think well into 2022 that's the question. because i think we priced in a lot of the reopening trade i do think retail will outperform love home builders here. excuse me home improvement stores around the home builders. and home depot and lowes continue to get the benefit of the housing tailwind preponderates at zero people buying against homes and people staying at hom

>> let's get right to it we're gearing up for another big week of retail earnings big names like nordstrom and american eagle and chartmaster is here to kick us off >> well, we're going to look at costco, obviously this is as much as anything it's a grocery store but in line with last week's judgment about staples. it was a very defensive week, all of the cyclicals were down, all of the defensive sectors were up. we think costco pops on its earnings let's look at a few charts the first one, just to put the whole thing in context, this is a long-term chart that picks up the 2007 peak which you can see there and the bear market low of '09. you're talking about a stock that moves just 50% of its value. then it's been a perfect, literally perfect 45 degree angle, straight up, a beautiful channel and has been a ten-bagger it's low was $40 and essentially it's at $400 versus the s&p since the '09 low which has been a five-bagger this is the champion by any measure. the more immediate charts are more interesting let's look i have a few first, a one-year chart. no judgments or annotations by me wh

jack: i know next week you're going to be looking at abercrombie e and fitch as well as nordstrom, we'lling about that a week from now. >>> coming up, the fed being realistic about the threat of realistic about the threat of they said it couldn't be done but you managed to pack a record 1.1 trillion transistors into this chip whoo! yeah! oh, hi i invested in invesco qqq a fund that invests in the innovators of the nasdaq 100 like you you don't have to be circuit design engineer to help push progress forward can i hold the chip? become an agent of innovation with invesco qqq ♪ when i was young ♪ no-no-no-no-no please please no. ♪ i never needed anyone. ♪ front desk. yes, hello... i'm so... please hold. ♪ those days are done. ♪ i got you. ♪ all by yourself. ♪ go with us and find millions of flexible options. all in our app. expedia. it matters who you travel with. are your hr processes weighing down your employees? on to quarterly projections! expedia. expense report! if you're using multiple systems, re-entering data over and over time sheet! using email and spreadsheets to manage informa

jack: i know next week you're going to be looking at abercrombie e and fitch as well as nordstrom, we'lling about that a week from now. >>> coming up, the fed being realistic about the threat of realistic about the threat of they said it couldn't be done but you managed to pack a record 1.1 trillion transistors into this chip whoo! yeah! oh, hi i invested in invesco qqq a fund that invests in the innovators of the nasdaq 100 like you you don't have to be circuit design engineer to help push progress forward can i hold the chip? become an agent of innovation with invesco qqq so it's another day. can i hold the chip? yeah- that's what most people think. but in business it's never just another day. every day is the day. there's the day your store has its biggest sale. the day you have a make or break presentation. and the day your team operates from across the country. but there's also the day you never see coming- the day when nothing goes right. see- that's the thing. you never know what the day might bring. so whether you do business on wall street or main street you have to be ready. wi

jack: i know next week you're going to be looking at abercrombie e and fitch as well as nordstrom, we'lling about that a week from now. >>> coming up, the fed being realistic about the threat of realistic about the threat of they said it couldn't be done but you managed to pack a record 1.1 trillion transistors into this chip whoo! yeah! oh, hi i invested in invesco qqq a fund that invests in the innovators of the nasdaq 100 like you you don't have to be circuit design engineer to help push progress forward can i hold the chip? become an agent of innovation with invesco qqq i order my groceries online now. shingles doesn't care. i keep my social distance. shingles doesn't care. i stay within my family bubble. shingles doesn't care. because if you've had chicken pox, you're already carrying the virus that causes shingles. in fact, about 1 in 3 people will develop shingles, and the risk only increases as you age. so what can protect you against shingles? shingrix protects. now you can protect yourself from shingles with a vaccine proven to be over 90% effective. shingrix is a vaccine used

jack: i know next week you're going to be looking at abercrombie e and fitch as well as nordstrom, we'lling about that a week from now. >>> coming up, the fed being realistic about the threat of inflation? allianz chief economist mohamed el-erian is next. they said it couldn't be done but you managed to pack a record 1.1 trillion transistors into this chip whoo! yeah! oh, hi i invested in invesco qqq a fund that invests in the innovators of the nasdaq 100 like you you don't have to be circuit design engineer to help push progress forward can i hold the chip? become an agent of innovation with invesco qqq (vo) ideas exist inside you, electrify you. can i hold the chip? they grow from our imagination, but they can't be held back. they want to be set free. to make the world more responsible, and even more incredible. ideas start the future, just like that. derriere discomfort. we try to soothe it with this. cool it with this. and relieve it with this. but preparation h soothing relief is the 21st century way to do all three. everyday. preparation h. get comfortable with it. ♪ ♪ ♪ common lov

jack: i know next week you're going to be looking at abercrombie e and fitch as well as nordstrom, we'lling about that a week from now. >>> coming up, the fed being realistic about the threat of (vo) ideas exist inside you, electrify you. they grow from our imagination, but they can't be held back. they want to be set free. to make the world more responsible, and even more incredible. ideas start the future, just like that. [sfx: psst psst] allergies don't have to be scary. spraying flonase daily stops your body from overreacting to allergens all season long. psst! psst! all good ♪ ♪ ♪ common love isn't for us ♪ ♪ we created something phenomenal ♪ ♪ don't you agree? ♪ ♪ don't you agree? ♪ ♪ ♪ ♪ ow! ♪ nobody builds 5g like verizon builds 5g because we're the engineers who built the most reliable network in america. thousands of smarter towers, with the 5g coverage you need. broader spectrum for faster 5g speeds. next-generation servers with superior network reliability. because the more you do with 5g, the more your network matters. it's us...pushing us. it's verizon...vs verizon. and who

america is still very exercised about the hacking and nordstrom two, crimea, the death of the scriptripals. i name it. has either side change? -- skripals. ithink the nord — change? -- skripals. ithink the nord stream _ change? -- skripals. ithink the nord stream two, - change? -- skripals. ithink the nord stream two, the i the nord stream two, the pipeline to supply russian national gas supplies to germany, huge and vital piece of infrastructure for both germany and for russia and it is at a very developed stage of development. the state department, after this meeting did announce restrictions there will be waived so on the company that is making the pipeline, on its ceo, on a number of senior figures, the sanctions they will be waived and i think that is some form of olive branch at the very least. you will likely end up having a lot of analogical situation ships building the pipeline still have sanctions on them while the company behind the project does not but, nevertheless, ithink behind the project does not but, nevertheless, i think it is seen as a step in the right direction

so it is failing to take action against nordstrom to really a step that will benefit trans atlantic security. i think not only for the us german relationship in the long term. i'm not so sure yet i want to pick up on that . you know, there is a national election here in germany and september the greens are leading in the polls right now. and we know that the greens are against nord stream to me these 3 month waivers that we're talking about. you know, this is, this allows the bind administration to basically preserve the german us relationship and then after the election, take advantage of the green's position if they're elected and finally killed the project. or do you agree with that? yeah, very possibly could be the case. of course it's up to the german voters to decide and that's, that's something that i'm really concerned about because green party chancellor candidate on the lena bear block has been cyber attacked in the last week by russia for her statement. boeing to stop nord string, to and have germany take a tougher line to stand up against student crony capitalism and aggressive a

has got to do is say there's not going to be any more giving away concessions on things like the nordstrome will be tough going forward. >> thank you for joining us, great information. >> the us olympic committee to attend the tokyo olympics, the biden administration warning against travel to japan. jen psaki saying the president supports athletes competing two months from now as long as they follow the strict covid protocols, travel warning for nonathletes remains in effect, japan is in a state of emergency due to a rise in covid cases. we will monitor that closely. the be announcing a 50,$000 fine after he was seen at a club on sunday, the fine coming days after the week to find lebron james's violation of covid related rules, the fine says no players permitted and social venues regardless of vaccination status, he did not violate the saying he was only outdoors and unlikely to spread the virus. it rains inside. >> california governor gavin newsom ordered to pay $1.35 million to set up a lawsuit with la area church, sued california last summer over covid 19 restrictions imposed by newsom

it's the last week of may and retail earnings are heating up we'll get results from the like of nordstrombuy, costco and ulta. video results are on deck. the name down 9% over the last month as the chip shortage kopts. lordstown motors rescheduled its release from last week all eyes will be on their electric truck numbers fed powell will testify in front of the senate banking committee on tuesday big bank ceos will appear in frop front of the senate and the house on thursday. facebook, paypal and exxon mobile all hold shareholder meetings we'll get a slew of economic data new home sells and durable goods for the month of april that's your "friday fast forward. machin (vo) ideas exist inside you, electrify you. they grow from our imagination, but they can't be held back. they want to be set free. to make the world more responsible, and even more incredible. ideas start the future, just like that. (vo) this is more than just a building. it's an ai-powered investment firm with billion-dollar views. a cutting-edge data-security enterprise. yes, with a slide. a perfect location for the world's

we get earnings from nordstrom plus toll brothers after the bell. tomorrow the u.s.stifies before the senate. what will be theater and what will be reality in that? it will be fun. guy: will definitely be watching that. alix: we will do the whole thing. guy: it is about now it will be happening. we will take both hours of that during bloomberg markets tomorrow. in europe we get french manufacturing and consumer confidence data. give us an idea of how the reopening is going. germany will sell 2.5 billion euros and the debt auction, the ecb buying a big chunk of that. dominique cummings will be giving testimony. boris johnson will be paying attention. alix: that will have a lot of drama, won't it? guy: there are all kinds of stories going the rounds. was he running the country in a way he should have been? dominique cummings had a ringside seat. we will find out tomorrow. alix: coming up, democratic senator tina smith of minnesota it will be joining "balance of power" with david westin on bloomberg television and radio. guy and i are headed to dab digital radio. this i

jumping on the heels of earnings reports that beat expectations now one notable laggard today is nordstrom horowitz will join "the closing bell" this. >> look forward to that. thank you. >>> with reopening in full swing everyone seems to have a new lease on life and fashion rental services have seen significant recovery veneering pre-pandemic levels. clothing as a service company has a new take launching a borrow program today joining us is courtney reagan with ceo christine huntsinger. there's a local brand called borrow baby that i've been using. for adults am i renting new clothing if so, for how long? what happens to the clothing when i send it back? >> you might be renting new clothing or you may be renting something that's pre-worn. regardless of which case it is the clothing will always come looking and feeling brand new. directly from the castle warehouses. >> interesting so it is possible and i think this is almost a selling point. we realize the major environmental impact that the new clothing has and a push back against the fast fashion trend and some partners i believe great cl

infrastructure pipeline on the eastern seaboard is today he signed a waiver basically green lighting the nordstromipeline. a pipeline from russia to germany. congress has twice passed bipartisan sanctions to some this pipeline. i authored those sanctions. we stopped the pipeline for a year. it was shut down. it was a piece of metal at the bottom of the ocean. putin began rebuilding the pipeline right after biden was elected. today. he issued a waiver, and basically what joe bide has decided is pipelines in america bad. jobs in america bad. pipelines in russia good. jobs in russia good, and this is exactly backward. it's asinine and four months into it joe biden is crawling into bed with putin and russia and the enemies of america. it doesn't make any sense. >> sean: and then you've got russia aligned with china providing arms to iran so they can ship them to yemen so the proxy war can continue in the middle east there as well. let me get to the issue of iran because we've got some problems there too. he wants to get along with the mullahs in iran again. as we know that they are the number one worl

so it is failing to take action against nordstrom to really a step that will benefit trans atlantic security. i think not what and if the u. s . driven relationship and a long term. i'm not so sure yet i want to pick up on that. you know, there is a national election here in germany and september the greens are leading in the polls right now. and we know that the greens are against nord stream to me these 3 month waivers that we're talking about. you know, this is this allows the, by the ministration to basically preserve the german us relationship. and then after the election, take advantage of the green's position. if they're elected and finally killed the project, or do you agree with that? yeah, very possibly could be the case. of course it's up to the german voters to decide. and that's, that's something that i'm really concerned about because green party chancellor candidate on the lena bear block has been cyber attacked in the last week by russia for her statement boeing to stop nord string, to and have germany take a tougher line to stand up against students, crony capitalism and agg

about to take over the free world 5g and get beijing with control and we stop that and we stopped nordstroming during her time in office and we got that and brought over 50 morgan hostages and removed the oregano proceed to jerusalem and the eternal capital of israel. we brokered the abraham accords, peace between israel and four of its arab neighbors and the list goes on. we convinced our nato allies to pay $400 billion in additional defense spending over ten years to deter the russians and the chinese and that has never happened. every american president in my lifetime his campaign on the idea that europe would pay its fair share and it never happened but it did under president trump and that got our european allies engaged and it was good for them and it was good for the american taxpayer. when you look at the record of a compliment that took place especially during the time i was working with president trump i think historians will look back and say this is the golden era of american diplomacy and american engagement in the world for the good of the world. steve: exactly. very well put.

we get new home sales and earnings from nordstrom's.he new harm sales numbers will be fascinating -- the new home sales numbers will be fascinating. some construction places are not accepting orders. guy: i was the prize the secondary market weakened up in the way it did. i thought the secondary market would be a way you can circumnavigate the strength in the primary market. some constructors cannot take new orders. they cannot get anything they need to build their houses. they are supply chain limited. in europe tonight we have an eu leader summit. the first time it has happened in person -- that carries on tomorrow. the narrative very much centered around what just happened in belarus and the forced landing of that right airflight. -- of that ryanair flight. alix: later in the week we get german gdp for the first quarter. that will be interesting. in terms of supply constraints, what issues will we see in manufacturing output. not because the demand might not be there, but because the supply is there. what might be the knockoff input

nordstrom, sales dropping. loaded up on too much inventory, foot traffic down. stock down 6%.s around, everything, even new jersey reopens this weekend well, we recently talked about you ho your weekend barbecue is going to cost you more because things like the price of pork and steak -- who is having lamb at a barbecue? anyway, all meat prices are up if you're aiming to go with seafood, that's not going to happen the senior analyst for berner berry who specializing on the meat industry in one of my favorite towns, toms river country. angel, thank you for doing this. literally, i was at the grocery store the other day, my wife said let's make crab cakes i said that sounds great i picked up a one-pound can of crab it was $49 put the crab back down, walked to the hot dog aisle what the heck is goes on with the price of seafood >> well, as what everybody would say is a good question but it's very simple in many ways it would be -- it would come down to fundamentals, you know, supply and demand. like that can of crab meat, it's a combination of both a strong demand there was a str

nordstrom is down in early trading.sults out late yesterday, fiscal first quarter a lot wider than analysts were expecting. the number is still disappointing. sales were up 44% from a year ago, down 13% from two years ago , which in many cases had become the benchmark in terms of the recovery of companies from the pandemic. tom: very good. thank you so much. right now, jon was looking forward to kathy jones of schwab joining us today. work from home, we've got to understand right now that it is two trophy taking into pandemic -- trophy taking end of pandemic pianos. all you need to know is ms. jone s is fabulous on piano. is it a steinway you've got behind you? kathy: it is, a 1913 steinway. tom: that can take us back to the dow jones industrial average and where it was 125 years ago. explain why yields are lower. kathy: i think a couple of things. we have seen some of the commodity prices come off the boil recently. we have seen some of the indicators that were just skyrocketing start to roll over a little bit. the mar

changed the secretary of state testified at his confirmation hearing, i am determined to stop the nordstromo because russia is trying to divide europe and weaken european energy security, what changed. >> looking at it all globally by allowing this without a doubt it allows us the administration to get closer to entering into the irene agreement which would be devastating, this diminished mission says one thing it does the other is very consistent in every process that they have been involved in whether it's spending, taxing, now we see it on the world stage and national security issues. elizabeth: you say this is a prelude to getting back into the eye ron deal? is that what you're saying. >> it is allowing the russians to have greater influence within europe and this is the way the administration can start pushing it, this administration anything that donald trump was for or opposed there the complete opposite, that's exactly what we saw with what's created at the border crisis there now doing it with national security, the fact that biden and president trump put sanctions in regard to thi

but nordstrom, into the return pile, shares slumping 6% more than 10% of session lows than a wider expected first quarter, the chain blaming price cuts on holiday inventory for the myths. let's end on a happier note, building spirits for homebuilders into the close shares of 3.7% after the top and bottom lines came in on beats fueled by high demand limited supply and low mortgage lights not as low as they have been you have lennar higher bid than 2% and has meeting of as it announce the next earnings call will be on june 3. so it goes, nice moves for the homebuilders and as you sit home the homework coat program has been the quarantine craze showing massive subscriber growth since stay-at-home orders force gyms to close their doors. look at peloton up ten and half percent, hands-down peloton has been the symbol of this trend soaring 138% year-over-year, workout equipment maker novelist has done better jumping 185% over the year and apple recently launched its own digital fitness offering. here comes the company looking to not only knock pellet and off the spin bike but crush all of the fitn

recently waived sanctions against russia's nordstrom's to pipeline to germany.e house podcast, welcome to you both. we are going to try to cover a lot of ground, let's get right to it. former acting director of d&i says, d.c. reporters are such phonies. biden should be widely criticized for caving on an up to and helping putin win his prize pipeline. maggie haberman spent four years pretending trump was doing putin's work, but he stopped the pipeline. first comment to you, jason? >> ambassador grenell is absolutely right, it's stunning how the policy of appeasement from joe biden and kamala harris' rollover to everything that russia wants, appease them, give them their pipeline. remember, they just had a russian attack on a pipeline in the united states of america, and then they go ahead and approve a pipeline in russia. there is no reason to do it, why? why do this, mr. president? what did we come of the united states of america, get for that? nothing. >> shannon: at least that we the media covered the prudent trump relationship, the biden administration says w

it will never get better for macy's it will never get better for nordstrom. i just don't think we're going to have a roaring 20's to fix retail, all of the problems we had before it, so i suspect if you were skeptical of the mall reads and department stores pre-pandemic, remain skeptical and you just got a gift if you want to take the other side >> all rway. we will get the details next amazon in talks by mgm studios is there a better buy for e-commerce giant the traders are priming their best picks, all that and much more when "fast money" returns another day, another chance. it could be the day you break the sales record, or the day there's appointments nonstop. with comcast business, you get the network that can deliver gig speeds to the most businesses, and you can get the advanced cybersecurity solutions you need with comcast business securityedge. every day in business is a big day. we'll keep you ready for what's next. get started with a great offer, and ask how you can add comcast business securityedge. plus, for a limited time, ask how to get a $500

. >> i'm all about carbon-neutrality, as you pointed out mel, thank you for that nordstrom i think will strayed higher tomorrow. >> thanks for watching "fast money. see you tomorrow at 5:00 meantime "fast money" with jim cramer >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, my job is to make you money. my job is to entertain, educate and train you. call me at 1-800-743-cnbc or tweet me @jimcramer. big time money managers can't get comfortable with a fed engineered recovery with rates too low to make any sense at all. we often hear about the bull case or bear case with interest rates so low, the bear case is one day the federal reserve will decide to take away the punch bowl doesn't have to happen in the interim, the pessimists are fooling themselves after a major rally yesterday, we consolidated. the dow dipping 82 points, s&p declining 1.2% and

people, kt square this abided administration is getting criticized for helping russia building the nordstromtration is helping but they are opposing pipelines here, can you score this? >> billions of dollars to have american forces in europe to defend against russia and at the same time we are not putting piddly little sanctions onin prudent cronies because what were doing were enabling europe critically germany . elizabeth: we have the michigan newspaper the detroit news clueless for demanding more from a shotgun of the field pipeline admits cash shortages with the colonial pipeline ransom or attack, then you have the homeland security secretary mayorkas defending pipelines is critical for structure, jennifer granholm saying we need. the pipes to deliver the fuel, what do you say. >> is not blue smoking years nobody can see with quinn other canceling pipelines around making energy much more expensive in the united states, there making the united states a much bigger polluter because there pipelines carrying natural gas, while at the same time there allowing the russians to become rich and e

investors also have earns from autozone, intuit, nordstrom and urban outfitters.f how well this recovery is going. >>> meantime, up to our ears in hand sanitizer. a year ago people stockpiled it, now retailers can't get rid of the stuff. sales are down 80% from last year, prices have crashed 40% during the worst of the pandemic even distill reese started making sanitize for keep up with demand, today grocery stores are rushing to sell it to make room for other stuff that people are actually buying. we will be right back. with visible, you get unlimited data for as little as $25 a month. but when you bring a friend, you get a month for $5. so i'm bringing everyone within 12 degrees of me. bam, 12 months of $5 wireless. visible. wireless that gets better with friends. you're strong. you power through chronic migraine - 15 or more headache days a month, ...each lasting 4 hours or more. botox® prevents headaches in adults with chronic migraine. so, if you haven't tried botox® for your chronic migraine, ...check with your doctor if botox® is right for you, and if sampl

the other thing is we should sanction the companies that are supporting the nordstrom pipeline that'sussia's government attention and to start to curb some of this criminal activity which will continue to explode if we just wring our hands and say, the government is not involved. the government is involved. >> john: general, when president biden said he didn't believe the russian government was involved i was thinking that was president trump who would have said that there would have been the howls of incredulity from many corners of this nation saying, how could he say something like that? there are some people that think this might have been a proof of concept and at that they proved how vulnerable our critical infrastructure was so that if somebody really wanted to hit us they would know how to do it. >> these cyber attacks using the guise of criminal activity are definitely in some cases, particularly when you are going after critical national infrastructure which this is are definitely pathways to better inform the government as to how to do this on a larger scale involved in con

. >> you know one of his phrases was, "we trained everybody in seattle from nordstrom to nirvana, " buts much more than a dog trainer to the stars. >> a longtime employee. >> come on, sampson. he trained everyone, you know? it didn't matter to him who they were. it was about the person and the dog and the relationship between the person and the dog, not who they were. stormy, come. >> this woman liked him so much as a client, she went to work for him. >> he would connect with you. he'd find something that he could talk to you about, and then he'd help you train your dog. >> and the setting for mark's dog whispering business? incomparable. >> oh, it's beautiful. it's a wonderful place. >> kiket island is what it's called. an 84-acre teardrop of primeval forest and meadows and beaches plunked a few feet offshore, a 90-minute commute north of seattle. >> the dogs could go swimming in the water there. there's plenty of trail walks. and it was just really, really outdoorsy and beautiful. >> outdoorsy and beautiful are words which also happen to describe the human love of mark's life, linda o

president is talking about the waving of the sanctions on the head of the company involved in the nordstrom pipeline building. the president of ukraine saying that this will be a loss for the united states. i believe it will be president biden's personal loss. i speak about it openly, why? it would mark a serious geopolitical victory on the russian federation and a new redistribution of spheres of influence. absolutely to the point, how has this been any other way than a victory for russia and vladimir putin? >> this is mind-boggling, the united states government is not going to sanction the ceo and the company that is in essence hooking germany on cheap chinese and russian gas until russia no longer wants to have her level of power to them and the guy who has this company is the former east german security agent for vladimir putin. >> sandra: we have to leave it there and head to the east room of the white house, place you know very well. a medal of honor ceremony is taking place with the president. let's step in and listen here. >> each time he made his rounds, passing out extra ammo and

this popular patagonia puffer jacket $80 off at nordstrom.d this rei vest regularly $79 now 56, but for the biggest savings -- >> so anything big ticket home is going to be on sale. >> reporter: this tilting umbrella from bed, bath & beyond is $36 off and the company just announced it has a home delivery deal with doordash. grills are another popular item discounted between 5% and 20% at home depot and lowe's and ace hardware. but -- >> since they're in high demand smart to wait after fourth of july. >> reporter: outdoor deals, just in time for father's day this range finder $40 off at dick's sporting goods and this shade canopy, $30 off at ace hardware. but no matter what you buy, be aware of shipping delays. from product shortages to backlogs at fedex as reported in "the wall street journal," fedex telling abc news that they continue to see a peak-like surge in package volume due to the explosive growth of e-commerce. now, if you're wondering about purchasing tech, i did see a few deals out there. air pods on sale at target for $129, that's

there's more earnings on deck, including nordstrom, work day.series all next week we'll talk about the reopening with the president of live nation and ceos of hyatt -- hawaiian airlines all sectors set to benefit from the reopening looking forward to increased demand mike, what will you be watching heading into next week, after a mixed week, bitcoin was front and scenter and a lot of volatility. >> one thing to keep in mind with the swings in bitcoin it does trade all weekend you have to have in the back of your mind that it can be whipping around and stock markets and financial markets don't have an opportunity to react or not until monday. that's one thing that maybe has people slightly apprehensive though the market shrugged most of the crypto stuff this week. on the inflation front late next week we have a batch of economic data including the pce inflation gauge out of the government. that's obviously what the fed looks at i don't know if people are expecting it to be necessarily a massive market mover because we've seen cpi and expecting ho

dropped mask wearing, the mask mandate, and on the other side, there are companies like kroger and nordstromis _ just want the freedom. christian, i think what is being _ just want the freedom. christian, i think what is being really - think what is being really exemplified in all of that is just how decentralised a lot of these decisions — how decentralised a lot of these decisions are. you can have recommendations that are made by the cdc, recommendations that are made by the cdc. but— recommendations that are made by the cdc. but all— recommendations that are made by the cdc, but all of that is really up to the individual states and how they adopt— the individual states and how they adopt these mask mandates, and then of course _ adopt these mask mandates, and then of course you had the difference between — of course you had the difference between private businesses and these bigger— between private businesses and these bigger kind of box stores that need to adapt— bigger kind of box stores that need to adapt a — bigger kind of box stores that need to adapt a policy that respects every —

stuff we look forward to it tomorrow and also tomorrow on the earnings front, we will hear from nordstromeek consumer confidence tomorrow as well as new home data are two areas of the market that started to pause or wobble keep an eye on the results there. >> will do s&p closed out with a gain of less than a percent of the all-time high. >>> "fast money" begins right now. >> i'm courtney reagan this is "fast money. tonig tonight, we're trading the crypto chaos bitcoin bouncing back today following another weekend of wild moves and the digital currency just took another big leap higher on the back of an elon musk tweet what else? what he said that lit a new spark. plus, we are track the afterhours action in shares of loris town motors. and later gearing up for a big week o

also at nordstrom, they're having their twice yearly sale up to 50% off, so you can find great brandspay full price today. >> yeah. >> no way! >> hoda swears by the wow hair spray. the mario -- >> is that the one that de-frizzes i'm looking for a de-frizzer. >> the mario face spray, it is really good. i used it a couple weekends ago and lasted all day. >> thank you. >> thanks, guys. >> for more, head to today.com/shop by the way, chassie is bringing you even more deals live on our instagram page go to @shoptoday >>> up next, fire up the grill. >> let's do it. >> ready here we go we always learn something new, by the way, when the grill dads join us. oh, look at that we learned he can juggle this morning. we'll see what else they have, maybe not. they're going to join us to give when you're born and raised in san francisco, you grow up wanting to make a difference. that's why, at recology, we're proud to be 100% employee owned with local workers as diverse as san francisco. we built the city's recycling system from the ground up, helping to make san francisco the greenest big city in a

and chair quarles will have scheduled events today and after the bell, nordstrom and toll brothers reporticing for my read at the next break i have to redo that ready did, becky. >> i was listening i do believe it. >> do i need more energy or something? what do you think? i'm nervous about it i'm going to stumble >> more sincerity. >> more sincerity? that's a problem for me. >> you were reading it you were just reading it emote it, joe. you can do it. >> okay. all right. >> emote it. >>> all right. >> take two. when we come back, big changes coming to companies as employees prepare to return to the office. we've got leadership tips for the hybrid work model. how do you manage these people who are not in the office all the time we will have more on that straight ahahead. >> announcer: don't forget to subscribe to our podcast you get interviews and original content and behind the scenes access look for us on apple podcasts or your favorite podcast app. subscribe to quarter pod today in business, it's never just another day. it's the big sale, or the big presentation. the day where everythin