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p. yeah. what's that mean public in moody's hard work and diligence being a truthful person and with the support of god and serving people makes them not only the head of the country that a respected leader in the world today when get back to moody has been accused of promoting him do nationalism in a country that supposed to be a 2nd. a state. i'm just international reported last month. that across dime, budget, jp, a peaceful descent and a position has reached a crisis point. it says a range of financial intel arisen news have been used to press the political position, media activists and human rights defenders. a john, let's say the one story of us media landscape has been suppressed. thought of the tradition, the media was a voice of the opposition. something now the media is glorifying that government is something i'm making fake news for that. and what if i do, or the national congress party had been in power for more than 50 years. but moody accuses den, standing for corruption and nepo

p. seeking a 3rd time in office the opposition recommendation of different parties led by the once powerful national congress policy. the b j. p says that success is due to an economic growth welfare skis and moody's past due picking our to but his opponent say it comes of the cost of democracy and say the elections a night of for, you know, 5, there's no democracy. you didn't get to the guy, the other india is the world's largest. the book is that the lights complete like 20 percent of india votes for us. and we're not able to beat bes, put anything right and it is be no, go straight to the clipper. less than that. actually the accusations of funny rejected by the b j. p. what's happening time again, modi's hard work and diligence being a truthful person. and with the support of gotten serving people makes them not only the head of the country that a respected leader in the world today. but to get back as marty has been accused of promoting him, do nationalism in a country that supposed

p. seeking the 3rd time in office, the opposition or the cover they should have different policies led by the once powerful national congress policy. the b j. p says it success is built on economic growth, welfare skis and moody's past due picking r t. but his opponents say it comes at the cost of democracy and say the elections and neither for you know, 5, there's no democracy, you didn't get to the guy you do other india is the world's largest focus. its the lights complete like 20 percent. the window votes for us and we're not able to get these put anything. right and it's been or go straight to the clipper. less than that. actually. the accusations of funny rejected by the b j . p. what's happening time again, modi's hard work and diligence being a truthful person and with the support of god and serving people makes them not only the head of the country that a respected leader in the world today. but to get back, his body has been accused of promoting him, do nationalism in a country

s&p turned negative for about the 98,000th time today.ots of indecisiveness up and down the flat there, line. . . ♪. liz: the saga swirling around paramount continues. right now the stock is down once again, down about 4 1/2% at this hour. year-to-date down 29% as talks with david ellison's media company skydance remain ongoing but charlie gasparino, just learning that ellison's political contributions may indicate he is close and he needs to woo the administration ahead after possible acquisition. charlie? >> this deal has so many bells and whistles on it just so you know. it is not quite buying paramount. it is buying the holding company, shari redstone's stake in the holding company that owns paramount's stake and doing reverse merger, issuing new stock, there is a lot going on here. all that will be reviewed by the biden administration fcc, ftc, and doj antitrust. that is what makes what went down today very interesting. "the washington post" did a story that said, that, they cited the campaign filings and i looked it up myself, that

de morir paso a su b bebita a un transeunte para que la pusiera a salvo. >> su familia dijo que la pde nueve meses se recupera de una cirugia. >> tambien se difundio una i imagen que muestra al atacante, a joe cauchy, comprando almuerzo en un restaurante del area. >> el ataque que dejo seis m muertos y doce heridos en el centro comercial ha conmocionado a los ciudadanos. >> y a proposito, este domingo la comunidad acudio al lugar de la tragedia para dejar flores y mensajes a las victimas. >> victimas. >> en el homenaje participaron el primer ministro de australia, anthony albanese y otros fu funcionarios. >> las autoridades dijeron que el numero de fallecidos pudo ser mayor de no ser por la actuacion de la oficial amy scott, quien llego primero al lugar y disparo al atacante. >> ella ha sido reconocida como una heroina y lo que comenzo como una parada de transito rutinaria en una zona remota de texas termino con el rescate de 23 indocumentados. >> el grupo estaba escondido en la plataforma de un remolque. >> el incidente quedo captado en la camara corporal de los a agentes. >> vladim

mentioned the s&p 500 is down, has been down as much as about 1% now down 0.6%.elow that 5,000 mark. the dow hanging in there the equal-weighted s&p is up on the day, so you do see a lot of tech down, and everything else managing to try to take up the slack. take a look at the nasdaq as well, kind of the center of all the selling pressure, down 2.2%. nasdaq composite, back down below its old november 2021 highs again, so breaking down a little bit technically, and then we'll take a look at treasurys here big bid in treasurys overnight on those israel-iran headlines that mostly unwound. around 4.6% on the ten-year yield. really flattish on a week to date basis, a little bit off those multi-month highs. semiconductors, really the drag on the nasdaq today. super micro getting taken apart. nvidia, down 9% and cracking well below its 50-day average. netflix, after reporting a strong quarter, but deciding to maybe not give as much information out about subs, stock down 9%. maybe it's giving investors hesitation about response to big tech earnings next week. that does t

the sa&p and nasdaq in the green as well. this is setting up for the busy week of earnings season with one-third of the s&p and 20% of the dow reporting. that includes apple and amazon and 3m and mcdonald's and others with u.s. stock futures from the green, we look at the gainers in the s&p 500 at the top tesla shares up 7% after the deal in china that was key for the data access. right behind that is paramount global ceo reportedly out as it mulls merger plans shares up 4% albemarle is next on that list we have the investors list ahead of last week's pce looking for second quarter growth and inflation 29% boosting the outlook to 2.1% which is up from 1.4%. the consensus inflation forecast is now seen above 3% from the earlier of 2.74% and half of the respondents saying this isjust a blip and the other half saying this is part of the longer-term stall. this is all ahead of the kickoff of the powell press conference on wednesday joining me is bill lee from the milken institute bill, i want to get into this with you inflation i

the best bet has been the s&p 500.are in a trade it's all about diversification then that will not look as good as a simple 60/40 portfolio. sonali: what's fascinating is the thesis itself flawed or has something changed about the market particularly given investor thinking about how to diversify? 60/40 has been a huge controversy. >> exactly and i think part of the problem is that even for many sophisticated institutional investors who are thinking about diversification, they just don't think risk parity is the answer anymore. many people are turning into private assets are turning to hedge funds. they are just not turning to risk parity and that makes sense. a lot of risk parity proponents would tell you the problem is hindsight bias. everyone is thinking about the last few years but if you look back before that at the global financial crisis, it sure looked pretty good to have some commodities and have some bonds. they are telling people to hang on because you never know what markets will look like next. sonali: wha

they looked at the s&p 500 equal weight index was has a p/e ratio of 17 which is about 13% overvaluednd they found that times in the past it has similarly overvalued, it has seen gains in the subsequent 3, 6, and 12 months. because things look stressed doesn't and we can see further upside. katie: you have goldman sachs and bank of america linking arms but what about jp morgan? >> they've been among the rare contrarians with the lowest s&p 500 target among the big banks. they are implying downside of about 20% from current levels and they have been sounding the alarm on high valuations. their chief global equity strategist last week said valuations are way too high and there is no upside catalyst and that ai excitement and nvidia are not enough and we need some oomph to justify the valuation so they are concerned about crossing -- frothiness. katie: you also track closely year and strategist target for the s&p 500. it was up 10% last quarter. how much movement are we seeing there? >> one of my favorite functions on the terminal go to spx equity and we have a nice round up of the wall

and the median p/e is ten times versus 16 times in the p/e. >> i know why they're cheap, but they're cheap for a reason some would say. >> if we have corporate ceo mergers go up, i think you're going to have a quick adjustment in -- >> finish your thought. >> 6 trillion dollars on the sidelines. >> lastly, and briefly, mega caps, are you still as bullish as you have been? >> yes. yeah. because i still think it makes sense to own what's working and that's ai related and the ozempic related names. now in the margin the ism is turning up so own industrials and because of fed cuts i like small caps. >> all right. we'll see. tom lee, thank you. >> thanks. >> tom lee here at post nine. up next we're trading the turbulence. the nasdaq dropping in today's session. rick is back with us at post nine and his outlook for the nine and his outlook for the space and we'll do that nextorg, old school hard work meets bold new thinking. (laughter) at 8. we still see the world with the wonder of new eyes, helping you discover untapped possibilities and relentlessly working with you to make them real. o

s&p and nasdaq in the green.bring in joanne feeney. >> good morning, frank. >> futures rebounding from the selloff from last week. what is the "wex" word of the day? >> resiliresilience, frank. given what has happened the last few weeks, investors need to recognize markets are volatile. this is important to keep the eye on the long run and the companies they own in their portfolios. a lot of ways to play. hold good companies which pay a dividend or strong secular growth characteristics. >> i want to get to your picks in a minute. research out with a note yesterday and it will resonate with a lot of people. the selloff is likely to be short lived and we root for the fed to do somenothing for a sustained period. do you agree or disagree? >> we have been saying most of this last year which it has been premature of the fed doing any rate cuts. the labor was still being adaed and added. that remains our case. we shouldn't expect the fed to cut any time soon. that doesn't mean things are bad for equities. equities and

stocks, s&p 500 up .7% so far. if these gains hold that would be the second straight day of wins for the s&p 500 which feels like hasn't happened in a while. big tech, the nasdaq 100 currently higher to the tune of .9% but as we know, everything can change tonight when we hear from tesla, kicking off a big week of earnings. i did want to check in with the bond market. it yields were at higher but now moving lower, the 10 year yield lower by two basis points, very quiet day so far. we will see if that holds. from the bond market to airlines , jetblue's nosedive's with revenue said to fall more than anticipated this year thanks to bloated capacity in latin america. last month jetblue laid out plans to drop routes and we have the details. it is pretty brutal. at one point falling by the most since 2020. brooke: this has been the story of the past year for jetblue that they just had too much capacity and is way out of whack with what the underlying trends are and were chasing growth and it is not materializing. the per

so that i don't have to walk twice, 2 and a half years off to the 1st symptoms of m a, c f s a p, a p. i had to draw power to school. but she's hoping to catch up on her exams later . something others have managed as a vis finance that i need. we have visa, every child and young person that benefit from a symptom oriented therapy that has less pain back to sleep and fewer problems. but what i'm really special is when a young person with m e c f s, manages to graduate from high school at home with all hilton's i've got one test at some. p is also grateful to have a steady boyfriend. despite the severe limitations of illness. he's really supportive and comes by often. don't host miss, but he helped me with everything, but it looks to me. he makes me a water bottles. he makes me tea. and text me into bed. met said the ms to as the um, that super important for me on. and of course he's an incredible source of strength for me to do because of him. i can cope with all the challenges we manage them together. i couldn't imagine how i'd cope in this situation without and of course that was um

and p r. c. defense officials measure 2 days that kind of gone in january earlier this month, or 2 countries, air and naval forces held talks. paines's ensuring stay for interactions. last week, secretary defense austin had his 1st video call with mr. defense dungeon. direct open, clear lines of communication like these are critical to avoiding miscalculations. please to announce that earlier today, we agreed to hold the 1st us peers. he talks on artificial intelligence to be held in the coming weeks. will share our respective views on the risks and safety concerns around advanced a i and how best to manage. we also spoke about ways that we can continue to grow people and people ties between our countries, particularly educational exchanges. our governments have a vested interest in creating open and welcoming conditions for these programs, which as long and rich both of our countries. um, do you know i had a chance to meet yesterday with the she doesn't american and chinese students for learn

p-p-p-p-powershot! when can i drive? you already are!e totally torqued-out crossover. jack: proxy season which means companies have to reveal the pay packages for ceos who got the biggest box. >> behrens did a story on the pay packages based on a study which is a pay consulting firm and the ceo salaries last year up over 11% to $23.7 million. it is a big number in the highest-paid ceo was hawked ten abroad, he got paid 160 million mostly in stock, people complained about ceo pay and a lot of it is justified but as broad, they've delivered the stock is up fivefold in the past five years other notables include tim cook of apple who got paid 60 million the stock did not do very well and microsoft got paid nearly 50 million but that's been a big winner. jack: what about those that there was an correlation between performance and pay. >> one notable on the low-end worm profit of berkshire hathaway gets $100,000 a year and that pay has been unchanged for 25 years and is talked about the dynamics and corporate board rooms that lead to big pay p

, or above. 15 times p/e and the russell 2000. or something much higher in the rest of the market, this top 10 names we talked about before. we agreed, you have all these great things going for small caps, and small caps should benefit if economic tilman's are. if gdp forecasts keep going up, that is a powerful tailwind for small caps. but those are going smack dab into some headwinds right now with the inflation and interest rate story. i think it is interesting that so far, small caps are not really breaking the low from november 2023 relative to the s&p 500. we will see if i am right about that in couple days. so far, the small caps are fighting back, and i think it is because of some of those good things they have going for them. katie: definitely a space to watch with a lot of crosscurrents but also tailwinds. have about a minute left with you and we have not talked about earnings. this talk about this upcoming earnings season. there was an interesting note from j.p. morgan yesterday saying a lot of the good news on earnings,

s&p up 23 and nasdaq up 70. and dramatic announcement and annual rate only 4.1 million homes have been sold. markets are really weak. jeff flock is live in philadelphia. what's driving home sales down? reporter: pretty much e verything, stuart. if i had to put a fine point on it. fist of all, it's everything from property taxes to insurance costs to the actual price of the home. take a look first of all at insurance. these numbers and this is from the folks at bank rate now and they say insurance -- this is up in the last three years and insurance rates up 26%. homeowners insurance. property taxes is up too and p aying $363 billion in property taxes last year and highest jumped nap taxes since 2018 and the price of homes up 37% in the last three years. what's happening, stuart, is people are getting seized out and -- squeezed out and this is a unique property. it's a home but old philadelphia bar that they used to live up stairs and alex is trying to sell this. this would be something that a new homeowner or a c

the s&p this year. look at futures. it is important to note we saw the dow futures move to the negative as you can see a short time ago nasdaq still in the positive s&p is flat. a bit higher right now in the pre-market we want to look at a number of names moving in the pre-market we start off with equifax selling off after weakness in mortgage demand. they rate the credit quality of lenders and expecting a 11% decline. you can see shares are down 9.5% they add the non-mortgage business contributed to the first quarter as it focuses on a.i. and the cloud >>> las vegas sands is lower with sales growing 40% and renew hitting $3 billion compared to $20 billion. the casino bought back shares on top of the current 20 cent dividend >>> shares of duolingo is joining the s&p midcap 400 it is now up 50% in the last year and is hovering close to the 50-day moving afteverage >>> turning attention back to the market with the staying power of the stock market historic run to records. according to the new report from

p-53 newsmaker highway along the way. then the capital satellite city of smolevichi, then zhodina andelas, then the beldzh plant, and also the borisov football arena, in a word, a destination in demand around the clock. agricultural season in the fields, workshops and laboratories of all regions of the country, general director. scientific and practical center of the national academy of sciences for agriculture, sergei krovtsov, can travel more than 100 km in a week, the spc includes six institutes, from gomel and nesvizh to mogilev and brest, you need to visit everywhere. literally a year ago, two years ago, the road from zhodino to minsk took me an hour, can you imagine, an hour, and before, the section of roads was so bad, if two sections were handed over, then it would be reduced at most. one of the objects of the spc, a selection and seed production complex , is located near zhodino near the p-53 highway. fields with wheat, rapeseed and other crops on both sides of the road. the scientists' equipment will be able to travel everywhere; for this purpose they dug a tunnel, and the o

need that p l o. in that context mrs. exhibited living the cost of the meat minister for the fast to the south. many of us the deputy minister state secretary, he followed the situation very close at the time known as a friend dog. no, and that's the, that's the gift. that's what makes it as we in the, to this, the meaning is or strength when it comes to. so the piece can at the middle is been that's why you will need be that to us. be the lead mendacity on demand. yeah, that's good. can other let me use i've also seen some of the many and all of them in the home can be your videos, most of the, of the class. and that was just the can us those that from that high level of supplement because this just let us, let us do the confusion yet most. who do feel cool now will finish often and she's in the media. most identification to sort of e 90 shame. fuck up similarly, so that again the bible covered. oh, way most more supported or israel? non many of the others are not being done. done any of the out of t

p l o leader. yes, a lot of thoughts known to his colleagues as of a lot more complex and written notice to finance the known, the autumn is starting over the years, norway had discreetly being tilting to the piano without a fight renouncing violence. norway was no ready to pay him an official visit at the p l. o. headquarters in june. so there's one that long to go for the said or the, the art of others to the, to go to pedal. i'll disagree with all of this, and these are all just go live tall stumps alternatives they would yeah. hold off of the 1st time. i know we have some fun minutes to visit the piano. it was definitely an successful visit because it was a break to feel free to contact the same foreign minister. 200 miles tall by the folder of the prime minister in no way today. that he but a mission up to our thoughts into nice. in 1989. i've got the thing. they have a secret part that no one knew about. the norwegians worked without a fight on creating a channel of communication between the

nicole intel p one where the whole going to bed. you should avoid bright light including computer and phone screens. using sleeping tablets is not advisable. quicker diseases with a sleeping pills, just treat the symptoms. if they don't offer a q a kind of a high and with most sleeping pills, there's a risk that you just get used to them. i for you become a dictated, adams, not be the cognitive group therapy was certainly helpful in the case of all patient . so he's not able to sleep well again and cope with every day. life is energy and focus of retained. ready in countries where it's very hard to work in public life often come to a halt at lunchtime. in europe, the spanish are famous for their cs tense. the midday nap was long considered a relic of the past. but now we know that taking a siesta is good for you. that's packed up by the spanish hard foundation. many companies in spain have introduced yes to friendly working hours, or even set aside areas for employees to now. and what's good for the spanish is good for all you can.

you can see the s&p 500 currently off by more than 1%, one .2%. nasdaq 100, tech down by 1.2%. meta reported earnings yesterday after the bell. currently, the stock is down double digits, with investors clearly worried about maybe the efficiency from one of the year's highest flyers. can see concern rippling its way through the benchmarks. mark zuckerberg has asked for patients. at least today, he is not getting it. the economic data was pretty interesting. slower growth on gdp, but you look at the price index, the core pce price index coming in hotter than expected. 3.7% working its way through the bond market and adding to those fears that maybe the fed is not going to deliver that big bonanza of rate cuts that had been expected a couple of months ago. we will continue to talk about that. coming up, dow chemical is reporting a year-over-year drop. we will speak to the chairman and ceo, next. ♪ thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business li

the it's 10 a m p a is just have breakfast. now she needs to lie down again. she's still exhausted from eating that she 1st needs to rest issue. if it does it, she might end up in bed for the rest of the day. then the list of these books is if i really need to recover from an activity in it's spot done, then i have to spend the whole day in a dog or a move. so i'm hoping that it feels like there's no difference between night and day and then talk on the clip. let's what this hobble is. fatigue is caused by a new red immune disease known as my allergic and stuff. oh, my lightest or chronic fatigue syndrome known as m e. c fs. the show us up to 13000000 people worldwide assault to suffer from the condition. a 5th of those cases are children and young people, many and no longer able to play, meet friends or like p a. go to school as that sounds good. no, we don't know exactly what causes it, but what's noticeable is that in many cases, especially in children in adolescence, m e. c, f. s is predominantly triggered by a virus. what we think is that they mean system

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-day moving average of the s&p 500, the medium term trendline. nasdaq really pacing the declines here, down 270 points, 1.5% declines, 16,171 for the composite. the dow down 471 pointspoints, . one of the big focal points is in the energy trade. believe it or not, every sector in the s&p 500 is lower right now, but energy is outperforming, only down one half of 1%. the energy sector spdr, over the course of this year, the energy sector is the second best performing sector in the s&p 500 next to communication services. so we'll see if that still has some legs. energy something to watch. and analysts at morgan stanley have called that attractive. and big bank earning season kicks off. these stocks have had a monster run for the most part over the course of the last six months or so. but jpmorgan chase, wells fargo, citi group, each lower. all were generally positive, blackrock also better than expected quarterly results but down 2% right now. deidre, blackrock interesting, biggest asset manager, it now manages just around $10.5 trillion. yes, with

to meet the s&p 500.r that analysis. tesla's sales wipeout is driving concerns about lagging ev demand. we will talk about that with david sandolow on the columbia university. this is bloomberg. ♪ so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all... the answer is j.p. morgan wealth management. abigail: this is bloomberg markets . he was looking at a live shot jason pride joins limerick tv at 3:45 new york time. this is bloomberg. ♪ sonali: time for the daily wall street week segment. tesla's disastrous sales report is raising concerns about dwindling d

the initial support for the s p on the breakdown was 5,000 o below. there is gap support there that's where the sportterm top pattern from the last two months measures out to that area. now the question is does i balance from there and if it does, will it get back above the levels where it gapped dow from we are looking at 51, 50 t 5200 and the s & p is the key resistance you can keep a taxable bia while you are below that >> you are also understandin that even if we have that kind of correction directionally over the last term, it is hard to get too beared up. as you said, bull markets don' usually end because the econom is too good. >> we are pointing to a couple of things. the curve has been inverted fo a while now. if you look at the post 1980 period when the lags of monetary policy to it rolling over an economygetting hit, you are in the average period when you look at the recession period post 1980 when the markets start to respond. the one thing we highlighted bullish momentum has dominated and it ran me over in the fourth quarter ofalist year

hold onto 5,000 today in the s&p as the bell rings. >>> a bit of rebound to start the week, the s&p 500nd. the action is just getting started. welcome to closing bell overtime, i'm morgan brennan with jon fortt. >> a big week for earnings reports are on the way from sap, cadence design systems nucor and cleveland cliffs. look ahead to tesla tomorrow which has had a brutal stretch of trading. >> we'll talk with

p is barely hanging on. he needs that brand of crowd support in order to get any bills pass otherwise than you're a do nothing, congress, which is what a line that they're going to use over and over again. is that better to be as do nothing congress than to be a poodle? of, of joe biden, of all people. yes, it's less than i don't, it's a rock and a hard place. and, you know, one thing to add about the $61000000000.00 that goes are ukraine, which again, goes to american manufacturers. is that the delivery of a lot of these military weapons is going to be produced until 2029. you guys, this is not for the current, or is that you should look at it again, the nonsense that we hurts there immediately within a week and now this is not so hot through whatsoever. derek, it is really one of the interesting things. i don't remember the exact number, it's between $8.00 and $10000000000.00. they'll be going to pay for salaries and health care and everything else given the history of corruption and new credit and i witne

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s&p futures up 15. nasdaq indicated up 65 points. on pace for our worst week since march 2023 for the dow. the s&p is on pace for its worst week since october of last year. a lot of this coming, andrew, from

the s&p up 1.2% on the day and the nasdaq is up about one point 5%.he dow jones industrial average is getting some love here, up about 0.6% and volatility is cooling down on the vix. let's look at yields because we have the two year yield back on the decline, under 4.93. we had the auction -- we have the auction starting about 1:00 p.m. today with a lot hinging on appetite there of yields at this level. the 10 year yield is about 4.57 on the day. the dollar index stalling out after a significant rally this year and gold is on its second day of declines. it's roughly flat on the day but still risk on in these markets. let's take a look at some midday movers on the equity side with lots of earnings. spotify rose 14% year-over-year, $239 million, making it a profitable first quarter. they plan to raise prices again this year. spotify shares are up more than 16%. we are watching ge raising the full-year product guidance as it sees surging demand for jet engines and services. ge is up about .5% on the day but posting is best earnings for the first quarter

now, the equal weighted s&p is what i'm looking at, not the top weighted market s&p.stocks are higher. that's where i would look and see whereat else is out there. >> got it. that's what i was asking, sarat. do we need to see big beats from the companies that dominate the s&p? i know you are focused on the equal weight. you are saying no. we need to see everything work out. your picks are in consumer staples. one is nestle and one is pepsi. you believe they will pass along the inflation when it comes to commodities to consumers? isn't the consumer already pretty stretched? >> i do. i think the thing with pepsi and nestle, they are innovative companies. they are both really out of favor. if you look at where they are historically with multiples and products, that's what we like. these are companies with diverse product lines. i look the solid bound growing balance sheets. if you get the 3% dividend yield, i'll take that with re-rating. >> a couple of your picks under valued. johnson & johnson and raytheon. sarat, thank you. >>> a couple of things to look at before we l

p l. o liter. yes, a lot of thoughts known to his colleagues as of walmart, public front written notice to finance the known. the autumn is starting over the years, norway had discreetly being tilting to the piano without a fight renouncing violence. norway was no ready to pay him an official visit at the p l. o. headquarters in june. so this will mid long to go for the said or you, they are brothers to the, to go to pedal. i'll disagree with all of this, and these are all this girl tall stumps alternatives they would. yeah. all right, off of the 1st time i know we have some fun minutes to visit the piano. it was definitely an successful visit because it was a bridge to feel free to contact the same foreign minister, 200 miles tall by the folder of the prime minister in no way today that he went along mission up to our thoughts into nice in 1989, i've got 18. they have a secret part that no one knew about. the norwegians worked without a fight on creating a channel of communication between the p l.

s&p up 19.for more on the trading day head, let's bring in courtney garcia for payne capital management. courtney, this market has some folks skittish. can the gains continue in the coming months? >> we're optimistic the markets can continue higher. we are getting strong economic data. manufacturing numbers are remaining strong. the inflation is still moderating over the long run. that is why the markets will continue to do well here. there is a lot of cash on the sidelines. they are finally starting to see people dip into the cash. there's a lot of money that can go in especially if the rartes start coming down. the money market funds will price lower. money will make its way back in the stock market. you will see the beginning of that. >> what moves it further, courtney? what gets hpeople saying i want my money out of the money markets and back into the equity markets? >> you saw two weeks ago when the fed came out and indicated we are still on track and trying to lower three times this year.

here is the s&p. here is other ceos that have the dual role.defense that he needs that dual role to operate effectively inside of the boardroom. i think he will make the case. i think he will win in the end. to me this is just another layer of you know what he faces and it is almost never ending. you really got to say to yourself why are we talking about david solomon, he got in there in 2018 and we're still talking about him in these sort of existential terms. liz: the stock is up 26% year-over-year but so is the s&p. >> yeah. what was bank of america up, like 30%? liz: well, jpmorgan has had -- >> they're all up. i'm just saying, these other ceos, again -- liz: 55%, jpmorgan. >> these other ceos have not had the issues that he had. they keep building and when i talk to ceos out there i ask, you know, is he going to survive? you know, listen, if you ask jamie dimon, ask anybody, do you think jamie, say larry was sitting here. i did not ask larry fink just so you know. larry fink, is jamie going to survive the next two years, if he wants to. li

katie: in 30 seconds, when it comes to s&p global, it's trailing the s&p 500 yesterday -- this year,own about 6% but it's outperforming over the past five years which i was surprised to see. does it come back to the fork as they deliver when you think about 2024 performance? >> ultimately, getting top line at 11% in an environment where it's higher than nominal gdp in a sector where growth is hard to come by especially within what's happening in the banking sector. ultimately, they are in a position of the not having many competitors. ultimately, this formation will continue throughout the rest of this year absent anymore sustained economic downturn sets up well for the back half of the year. katie: i really enjoy this conversation to have a good weekend. he is the cio over at gerard. coming up, he knew financial drama is unfolding on wall street. the ark invest achieve futures joins us next. this is bloomberg. ♪ everis spent on golf? life nah. sinking putts? the only thing sinking is my savings... there's the kid's braces and my parents to care for. i'm gonna caddy forever. with emp

i p at 450 is, isn't that samuel? but why don't we have all the details once they've been quiet so far? the open government as well as the somalian on government. but what we know so far, the basis sofa, the agreement is to allow ethiopia to use a port in somali land in exchange for a share of perhaps a sheriff. and one of us because for if not the best, the most profitable airlines. and i think which is a to open airlines, but the prime minister has been saying from the get go, that's april pollution of at least 120000000 needs some kind of for it. and that's why this was signed. you have to remember that todd somali and also signed a deal was due by based d p world. and we didn't see a person that's a position to it from somalia. and we are as surprised as anyone that there is no position to something that's going to be changing the make up for the story of this continent that has been prone to conflicts and firemen and so so forth. but the underlying issue is the field that needs some kind of for it to be so. so pa

you're playing around with the s&p 500 with the 50-day average.s bit of a trading range floor if nothing else. i think the question is can you make your peace with where rates are, what the fed's going to say? historically, 4.5% yield is not kryptonite for stocks. inflation near 3% is fine for stocks and the economy in the right conditions the question is can we start the right valuation in all that mix to get there and also have some kind of faith of where we're headed as opposed to getting hyped. the inverted yield curve is still the market's way of saying the next move should be down and depending on the probability of where they lie it should be relatively soon, but we'll see >> that's probably why and we highlighted this at the top of the program today. why there are many who are still afraid to say all clear. and the majority of the notes today are still cautious, negative sell-off still coming. >> yeah. i don't think that a 3% bounce off a low is going to be enough. that seems fine. i think people have last summer's experience fresh in mind

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s&p contracted 10%.'re 5% off the march month if end high, and i suspect that we're feel in the midst of a pullback, but i do believe that the market moves higher. charles: so, but near term though the risk is to the downside, the market bias has shifted to the downside. we've had four sessions in a row coming into today where we opened higher, and whoever got sucked in there got suckered, because we ended much lower. >> right. charles: you know, listen, the s&p looks pretty wobbly right here. how long does that continue though? where do you think we see some sort of inflation point and we could -- the rally starts to resume? >> yeah. i think that the next technical level to look at is 4900. so, you know, yes, we've add had a pullback here -- had a pullback here, and we've had consecutive days that have been negative, but let's not forget how much the market has moved up since october. if you look at the first quarter, when you look at the s&p delivering 10% plus historically, that actually bodes well fo

they said they go there at 10 p and in there at 10 pm last night. so that does appear to be a force of about $200.00 soldiers from $44.00 flights infantry who being holding out. and we think they are the bridge just over here. now let me give you a sense of what's going on over here. behind me, you can see the time for the crossing. there are a couple of tiny home these here with tie soldiers, most of whom have now retreated into the shade. they arrived here about 2 hours ago when report started arriving the, the most soldiers that go to the other side of the bridge. now if we go a little further, you can see the bridge in the distance very faintly, and probably too hard for the camera to see is a plume of smoke going up in the background. we would down the about 40 minutes ago and could here's some put concept booms across overhead. so it sounds like that may well be as strikes going in at the moment. the time miller to we spoke to said they had also heard tillery so it's a piece of the consent of the civilians. we've spoken to this morning who are

in the dollars a website, i have you paid america, the national debt to about this a policy is g d p blows 60000000000 dollars is designated as emergency spending. mean, it goes, meaning it goes straight to our national debt. a national debt that grows every single 2nd to the tune of $8000000000.00 every single day follows i frequently design the other than it is means i think somebody said 9 julia to discuss evelyn and evelyn 8 service group. how not confident on today locks 25 years since a native miss all this to is the headquarters a radio television of serbia. feeling 16 janice, all tease charlotte events, the typical provider, us officials, the noise breaching the geneva convention saying the journalist said what propagandists and the 4 fact target the from the the world. this is to you and it's good to have your company today. my name's the author, i'm sorry this out us present. joe biden has condemned pro privacy and protests that are relevant to some of the most prestigious american colleges, including all the new. when prompted by ripples, the bible quickly denounced the va

we asked the american petroleum institute, the a p. i to respond to these allegations in an interview. dozens of our e mails went unanswered. then we received this statement. the rank one of the past 2 decades demonstrates that the industry has achieved its goal of providing affordable, reliable american energy to us consumers, while substantially reducing emissions and our environmental footprint. any suggestion to the country is false. the oil industry paid thousands of lobbyists to obstruct or delay any kind of climate, action, and environmental regulation that is common knowledge. but few lobbyists have been caught bragging about their methods. the in may 2021. under cover investigators working for the environmental n g a green piece field, exxon mobiles top lobbyist. keith mccoy. the exxon is sufficient. ready it's like, you know, it's a fishing, right? you know, you have a real cause or they need, you need it was a revelation for a lot of people that, you know, they, they know what they're doing. they know how they're manipulatin

this p r. a film from the oil giant show show scientists taking gases from the atmosphere and measuring ocean temperatures. to research climate change, the, the multinational was researching how it's product affected the atmosphere. it's business rival is we're doing the same. total b, p, chevron. and above all the oil joined. excellent. the we're on our way to florida to meet a former member of excellence research department. it's an unusually rainy day in the sunshine state, which is a magnet for retirees. the martin hartford now spends his time making model aircraft as a professor of physics at new york university. he studied changes in the earth's atmosphere in the late 19 seventy's. he was one of the 1st scientists to predict rising temperatures. i add enough evidence that i thought the greenhouse effect would begin to warm the atmosphere sometime in the late 19 eighties. in the 19 ninety's, we would start to see the effect based on our calculation. the 1st line on the graph shows the incr