procter & gamble out with numbers. as our story leads with, this is the story for procter & gamble. increasing prices and passing on some of those higher inputs onto the consumer. how much more of that are we going to see as the year progresses? where will the consumer price tolerance be beyond some of the staples? tom: we will have to see what that is on a unit basis. unit sales are ok. it is a mystery. you don't know where revenue is going to be. what i would notice in png headlines coming out across the bloomberg is about free cash flow and share buybacks. what is under said right now is the mystery of use of cash. what are they going to do with all of that money? jonathan: apparently, investors want capex. i'm still scratching my head about that. according to the fund managers survey at bank of america, it is not the buybacks they want. it is the capex story. lisa: you were saying it is a boom economy get my question is for how long, and has it all been priced in. hsbc's view of 1% yield at the end of the year on the 10 year includes this boom economy, includes investing in risk

it said procter & gamble, you mentioned china as one of your biggest markets.g with a china trade group to side step apple privacy groups. what can you tell us on that front? >> we have been, are, and will be committed to transparency with regard to the use of consumer's data, to opt in, to turn on and turn off the landscape is changing pretty significantly across the text base, rightly so, and we're working with advertising associations around the world, including in china, and with tech companies around the world, including in china, to ensure that we can together move to a standardized better place in terms of protecting the privacy of consumers' data while offering them information that they find valuable >> we're going to let you go we'll let you go, john i'm just wondering whether watching the -- some actual runs being scored by the reds, i mean, do you -- do people in cincinnati, are they fainting in the streets that there's actually some offense on the team this year do you know what i'm saying? can you believe it my fingers are crossed. i think they're

i wouldn't say it's going to color it >> let's talk about procter & gamble conflation being such a hot. price hikes. p and g shares up about 1% they said in the fall they will bump up prices on baby products and feminine care brands others are hiking prices scott toilet paper, hormel turkey products and smucker raised prices on jif have you noticed prices going up >> it's interesting you mention that i think of e-commerce. i live in san francisco which couldn't be more expensive i feel like i'm on the other side of the spectrum you think about e-commerce to come in and subsidize what would be expensive you could come in and game market share and offer cheaper prices which amazon has done and they may end up doing that here. they could subsidize that business and make a ton of money on aws we'll see. >> we have seen this with some companies like brandless or others where they say or look at the success of costco and k kirkland this is the risk the companies are running. either they will raise prices and get under cut where investors willing to finance the losses or every one will be rai

procter & gamble said yesterday that they are going to offset some of their higher costs into by and raising prices. this is going to be really interesting to watch because this is going to be what the fed is watching. if we do see prices the consumers have to pay start to rise, we don't see the same sort rise in wage growth. this will be interesting for the recovery. >> the economists will be watching the recoveries for inflation. netflix aside, we just saw chipotle come out. it seems like so far in the earnings season, by and large, -- >> as we look at the latest estimates, the estimates, they are expected to grow by 30% this quarter. the last quarter, it is obviously, huge growth. a huge growth, whether or not that starts to translate into the stock prices, that is another left. you're starting to hear some chatter about deep earnings potential, peak economic growth. that is the start of the conversation i'm starting to have with investors. >> rocking profits. look at the bank numbers. we thank you so much. all of the insight, coming up. bank of canada taking the lead. that is nex

procter is a little different.no kimberly not so good and we all start thinking that kimberly is, it diversified enough david, in the end, they are too paper-oriented too service oriented they really have a bad hand right now, kimberly. and i don't want to own that stock. >> okay. >> i know. well, apparently, there are a number of people who agree with you. >> but i disagree with what the market is saying about honeywell and american express american express is really good here. >> interesting to listen to you when you're negative open p & g, or colgate >> that will be a dice roll. international markets, gotten a little softer. i'm not sure i want to do that i did not, particularly, i did not care for the report. >> you didn't? >> there will be better fish in the pond i know people don't want to bet against clorox, in the consumer package group. >> here's a look at colgate. we don't talk thatoften about that company >> you know why? >> because the company doesn't talk i've been after them for years to have to come

of those names hit dan 92010 to 15 percent but at the end of the day it is not honeywell, is not procter you down the road, 20 - 30 percent. once the stimulus wears off it will go back to technology. those are the big names in the future. to what your favorite idea right now predict. guest: i like paypal a big pullback of 20 percent and this is been low and is paypal you can even use your points threat now and crypto currency, think they're doing really well trading the big crypto's do something not being priced into the shares right now predict. charles: i was down in paypal until about three days ago. thank you very much rob, have a great weekend and coming up, president biden is using the federal government and printing press to change his suburban neighborhood throughout the country. have a beer government is single out of suburban housing. ♪ ♪ ♪♪ ♪ ♪ ♪ ♪ it's moving day. and while her friends are doing the heavy lifting, jess is busy moving her xfinity internet and tv services. it only takes about a minute. wait, a minute? but what have you been doing for the last two hours? ...dele

liz: ge, fedex, procter & gamble, ibm, all started during recessions or depressions.nomy and you leave it alone, then you get these great people, these geniuses who are not swayed by adversity or a downturn, they see things that others don't see, and they generate these fabulous companies which help consumers and hire millions and millions of people. i mean, that's just the wonder of america. it's why we are the greatest free market democracy in the history of history. it's a fabulous story even if some of them went to u-cal berkeley. i'm good with it. liz: you know, that's the thing larry and i have together -- [laughter] it's great to see you, larry. we'll see you at the top of the hour. we are coming right back, dow is up 313 points. stay tuned. . . use a single hr software? nope. we use 11. eleven. why do an expense report from your phone when you can do it from a machine that jams? i just emailed my wife's social security number to the entire company instead of hr, so... please come back. how hard is your business software working for you? with paycom, employees

. >> procter & gamble said this past week it'll raise prices by mid to high single digits and people that is an ordinary consumer good. we heard from a lot of companies talking about price hikes aaa, coca-cola, nearly half of s&p 500 companies have mentioned inflation on their earnings calls, then we look at the consumer price index the latest reading is 2.6% and a lot of that is explainable by going from not driving all to driving some if you back out food and energy is 1.6%, the way to see the higher prices of the company will flow through to the main consumer number. if you get higher inflation, that is trouble for stock investment because you only need the federal reserve reserve to respond but it might respond but it could be enough to tank stocks. a couple of things they told investors every time the subject of inflation comes up people like to talk politics, one side will say were gonna be the next zimbabwe in ten years ago, with your party and on and on, you have to put that aside and look at the facts, think to yourself what are the factors that might be, you see spikes in l

procter & gamble announced plans to increase prices on a number of essential products.t's going to happen this fall. including diapers among other things. the company says it's in response to higher costs of raw goods and transportation. do you see inflation mcing an issue -- becoming an issue for the broader markets around the economy? >> i definitely do. i think that's going to be a sneaky kind of problem in that people aren't really paying attention to it. they're dismissing the rise here, the rise there. really, look, you can't print 40% of all the dollars that have ever been printed in the history of the united states in 12 months, which happened in the last year and expect there not to be inflation. you've seen it in oil prices, lumber prices, i think up 300 plus percent, you're seeing it in all commodity prices and companies are not going to sit by and take the hit on earnings. they're going to try to pass those costs along to consumers. i think inflation's going to surprise to the upside over the next few months. that's going to put a lot of pressure on interest

nicholas procter's family will drive in to be here for tonight's opening day game against the astros. it won't be the same as the last time the family saw a game in person, but the a's president says it will be safe. >> this will definitely be a new normal, but it's nice to get back to some part of what we had before the pandemic hit. >> we also have done everything we can to ensure everything is safe. really fun for our fans. it's a great, young team to watch. matt olson, matt chapman. it will be an exciting evening of baseball. >> all right. because the mass vaccination site is still ongoing, not all of the parking lots are open. you might want to take that into consideration if you're driving here today. maybe take mass transit. make sure you already have a ticket and it's touchless on your phone. if you come, we would love to know about it and we hope you have a good time. in oakland, kris sanchez, nbc bay area news. >> good advice there. >>> let's bring in vianey. a lot of people are heading to the game. they want to know what the weather will be like. if you are headed to the ga

big-time earnings out of johnson & johnson, maybe hear more about their vaccine, procter & gamble and tonight. >>> united airlines reporting a $1.4 billion loss in the first quarter of the year, as business travel simply remains weak. it was slightly worse than wall street expected. bookings are rising for united ahead of the peak summer vacation season and expects the trend grow stronger as more get vaccinated. united, americans and delta depend on business and international travelers from revenue and profit and no one is sure when those customers will come back. >>> apple is hosting its first virtual event of the year today. analysts expecting some new ipads and maybe new color versions of the imac. apple could show off air tags which are coin-sized tracking devices you can slap on anything you want like a phone or luggage and track it to make sure it doesn't get lost. it could also be hints about the new airpod 3 wireless ear buds that may be launched in a separate event this summer. with your cnbc morning report, i'm brian sullivan. >> thanks, brian. >>> now to a live look at sfo

await the latest earnings reports from blue chip companies like netflix snap johnson and johnson and procter and gamble along with several major airlines as reports noted this will give insight into businesses expectations for the pace of economic revival it will also tell money managers whether stocks high valuations are justified after both the devil and the s. and p. hit closing records just last week so joining me now to go further and topic just tough humorous c.e.o. of openness i'll see now octavio last week's earnings were dominated by big banks now we're waiting for companies that are seen as a more reliable indicator of where the economy actually is how big of a role do you see those reports playing in the market. well of course comedic stream important i mean you're quite right the banks came out last week they did quite nicely i think overall better than we really expected particularly investment banking trading side where they did phenomenally well but you're right it's not necessarily a good bellwether for the economy at all but the bank results did provide some insight into ton

procter & gamble is expected to hike prices between 4% and 9% on baby products, adult diapers and feminineng in september. the company, which also owns tide detergent and charmin toilet paper, says some of those products will also be getting more expensive. it follows a similar price hike last month by rival kimberly-clark, which makes huggies diapers and scott paper products. >> what's happening is you have pent-up demand due to covid, and that's being combined with you don't have all workers back to work, so that's creating a classic supply demand imbalance. >> reporter: americans hitting the road this summer will also be paying more when it comes to rental cars. that's because of a shortage of vehicles. >> rental cars had a terrible business situation during the pandemic, so they sold off in some cases as much as half of their fleet. >> reporter: and auto companies have been forced to scale back production due to a shortage of semiconductor chips. the problem now trickling down to the car rental counter. >> in some markets like hawaii and florida we're seeing up to 300% increases, so th

see of what occurred since 10 years why a card just the way they are my paper processing company dr procter grown came from a renowned management consultancy 3 years accordingly he was quite standoffish the i'm even off the water card was sold he switched to the board of directors and continue running the new wild card. i am just an army doctor not just last night we arrested dr marcus brown and we are now investigating suspicions of false statements and market manipulation if that's . that you must lie and this and i can talk always seemed like he was 2 films above everyone else i am myself and they are until he acts and head off with the visions and ideas that tended to surpass every gentle man a c c f i'd make fun down on my lead teeth i really figured that one of the most beautiful our minds. mankind is that we tend to think abstract and that we can think about the better way to do things. for me for me personally while conscious like a 2nd family i find it's vital i mean. the feeling of calmness on the start it felt a bit megalomaniac and he sure does and he wanted to take this company

we're waiting on others, procter & gamble, lockheed martin as well.do assess the earnings? >> everyone is going to beat earnings, everyone is going to have really good growth potential on the next quarter. that's the easy story. the harder part is what are they really going to do with it? how much better is it going to be? procter & gamble, they made a lot of money last year off hoarding and things like that. all they were doing is taking this year's profits and pushing it into last year. that's probably not sustainable. that's not a reason realistic business -- realistic model that you should see them do really well. johnson & johnson, let's be honest. they don't make a ton of money off the vaccine. that that is emotional reaction when you see stock price go back to that. you can take advantage of that because they make their real money on medical side for the most part and that is more elective surgeries are coming down the road. that pulled back huge last year. you will see a big push this year. i'm sure they're going to talk about it in their earn

procter & gamble plans to hike i prices an baby products and fell min r&des. products. it follows a price hike by kimberly clark. >> what happens, you have pinup demand through covid. you don't have all workers back to work, so that's creating a a classic supply-demand balance. >> reporter: americans will be paying more when it comes to rental cars. that's because of shortage. >> so they sold off, in some cases, as much as half of their fleet. >> reporter: auto companies have been forced to scale back production >>> it's now is trickling down to the car rental counter. >> in some markets like hawaii and florida, we're seeing up to 300% increases. so the cost of your car can be way more than your flight these days. >> reporter: after months of being stuck inside, people are watching less tv. netflix reported a slowdown in subscriber growth. consumers are dropping streamings is at a record rate. >> coca-colas had announced this will also be razing prices. another factor is rising gaprre approaching $3 a gallon nation white. >>> congratulations are in order for a southern

. >> on these earnings calls, executives are talking about chipotle, procter & gamble. they are talking about price increases and soybeans, raw materials. an absolute tear. it is being passed to the consumer. how much inflation do you expect in the second half of the year? we think -- >> we think is going to be peaking now and in the next couple of months. that will be feeding through. we get a run above target this year in the u.s. and probably next year's and the u.k.. we think it is a temporary inflation overshoot. it will be coming back certainly in time horizon central bank's are looking at. annmarie: home the thought on temporary inflation. jeffrey gundlach spoke to our colleagues and said the fed decision does not know if it is transitory. caroline simmons stays with us this morning. first a recap of your first word news with simone fox in doha. >> in the u.s., president joe biden is urging americans to get vaccinated. he is pointing to new guidance that people who have been inoculated can socialize outdoors without masks. the changes and rules might help convinc

procter & gamble expected to hike prices between 4% and 9% on baby products, adult diapers, and femininee products. americans are already paying more for rental cars because rental businesses were forced to sell their fleet at the start of the pandemic. now there is a shortage in vehicles. >>> the country's largest korean grocery store chain is opening in san francisco this morning. it is 42,000 square feet right off of 280 in the ingleside heights neighborhood. it is known for asian products and ready to eat meals. there are two other locations in the bay area. both of those are in san jose. >>> let's take a live look at the new york stock exchange this morning. we are up right now by about 100 points. >>> if you have extra money and extra time, maybe the new polaroid instant camera is for you? the polaroid goal is four inches long and two inches tall. pictures take about 15 minutes to develop. it is designed to be worn. it will cost you about $100 and the camera will be available next tuesday. >>> if neighbors looked at the skies yesterday, they were in for quite a surprise. a d in the

we seen that from procter & gamble, whirlpool, kimberly-clark, coca-cola, all talking about passing onigher costs. tom: i know you are riveted by this. i get emotional as well, ken's 60th birthday over at mattel. jonathan: happy birthday ken. who thought this is where we would be, talking about a 60th birthday for ken with tom keene? lisa: i'm just going to hope that's transitory. jonathan: it's not. it's permanent. [laughter] tom: in honor of the astronauts, tang today. lisa: i will say this, just talking about earnings. there's been a really interesting development, in my opinion. you have seen really good earnings on average. some misses, but honestly, for the most part it's been great, and the response in markets has been meh, what have you got for us next time. that's been fascinating. what is driving the market action we have seen recently? but is frankly, the data has justified what we have seen. jonathan: i agree, it is captured by the bond market. your bond market on tens, 1.5454%. this is the third week of gains for treasuries. the third week of yields moving lower over the w

procter & gamble's chief financial officer said that the commodity cost challenge we face this year will be larger next fiscal year and who gets hurt the most when the inflation rises? it's not the rich. it's working families. especially those on low and fixed incomes. i grew up poor and watched my parents struggle to put food on the table. i know how much a slight rise in prices can hurt a family because i saw it growing up. and that is what is happening now across the nation. we know the biden administration is worried about this. they know that rising costs caused by their massive spending are bad for americans, but they won't say it. while they worry in private about the effects of this their spending plans, they had a different message in public. on april 13, "the new york times" reported that official aides have been holding private meetings for months to discuss inflation and conduct internal dayal sis for senior officials and president biden. the article said, mr. biden's aide are worried about the spending that they -- to funnel out $2.3 trillion over eight years which is slower

i am drawn to coca-cola, procter & gamble, and kimberly-clark, not the biscuits. they are talking about raising prices. that raises a flashing light for me which means i'm going to get a touch of inflation psychokinesis again -- psychosis again. james: yes, it's really one of the most important if not the most important but the most difficult to answer. we have macro investors looking into the future. i base case at the moment is the conditions for self-fulfilling, self-sustaining inflation are just not there. there is a heck of a lot of cost push inflation, a lot of which we would very much expect to be transitory. i am not used to agreeing with central banks in general or specifically but on this issue, i agree with the current assessment that a lot of what we are seeing relates to temporary factors. disruption in supply chains, commodity price changes, which we know, unless they continue at the same rate of change will be less inflationary in the future. what we need to see is mastic demand and labor markets returning to normal and that means not being propped

around $20 billion. 20% more than the buyout deal canadian pacific and kansas already approved >>> proctershares up this morning after posting earnings and revenue beats by continued demand for cleaning products commodity and shipping costs up sharply, however, during the pandemic. >>> and sadler's first-ever first quarter catastrophe losses from winter storms still beat earnings expectations by 36 cents. >>> boeing says its ceo craig smith retires this july. the iaerospace giant pushing bak mandatory retirm age to 70 allowing him to stay in the top job until 2028. >>> that's our cnbc news update for this hour. carl, back to you. >> thank you. >>> and big night tonight. netflix earnings on deck stock hasn't done a lot this year in a wait and see mode. fierce competitors on their tail julia boorstin has more on what we might expect tonight. >> carl, the netflix reports subscriber growth is always in focus. the number is watch, 6 million how many subscriber additions the company forecast it would add first quarter. analysts looking for more. 6.4 million but less than half the number of subsc

think about a procter & gamble you sell in dollars, it's a win anywhere but in the states yes, currenciese not. we're seeing a pretty big move, but not many are talking about, but watch the dollar and watch big multinational stock go with it random, hopefully, informative >>> on deck, upper her forecast, morgan stanley's ellen zentner is neck with her take and more and a reminder, if you miss the show any day, we're not upset. we just hope you listen on the podcast, spotify or other platforms. we're back after this. this is wealth. ♪ ♪ this is worth. that takes wealth. but this is worth. and that - that's actually worth more than you think. don't open that. wealth is important, and we can help you build it. but it's what you do with it, that makes life worth living. principal. for all it's worth. >>> in a disinflation era, we're seeing big jumps in productivity and that the overall long-term downtrend in rates which has been in place now for almost 40 years is still intact. we haven't violated that downtrend. and until we do violate that downtrend, you know, i'm not going to jump on the b

lisa: it is surprising when you have coca-cola, procter & gamble saying our input costs are rising, but it on because our consumers are doing well. when does that translate into a renewed push into equities? i don't know. tom: 36 month, three year gdp for deutsche bank is 4.23%. that used to be called a boom economy itself. that is a distortion from where we are right now. right now our distortion, markets not a snooze fest. extremely exciting after the 9:00 hour. red and green on the screen. ferro will not mention the dow. 33,859 on the dow. down 18 points. this is bloomberg. good morning. ♪ want your workout to be easier, more effective, and more convenient? then you should try aerotrainer by golo. the new full body workout that you can do at home or anywhere. it's great for planks, squats, core, and glutes. you'll strengthen and tone muscles, relieve back pain, and reduce stress. it's also great for yoga and pilates. get noticeable results in just ten minutes a day. (woman) aerotrainer makes me want to workout. look at me. it works 100%. (host) all of this is a $300 value, but throug

jonathan: then we've got the capital return program at procter & gamble that makes the news. many people are still spooked by the price action of last week. to see the data come in the way it did in america and to see the bond market rally the way it did really stimulated a conversation lisa touched on in the previous two hours. is the bar too high for what will come, even though we beat expectations last week? that was the confusing part for some any people. tom: on the full faith and credit 10 year yield, using a signal from --, what are you seeing for government bonds? lisa: you're seeing this idea of reflation, not inflation. we saw a plugging of the gap in some of the business activity last year, but we are not necessarily seeing a change in the overall economic conditions of low inflation and low growth, and that seems to be what is being signaled by the treasury market. you do have the other side of that. a lot of treasury analysts coming out and saying i would sell this. basically, yields could go higher. other people saying hsbc -- other people saying, hsbc in partic

procter & gamble announcing they are raising prices on a variety of goods including senior, female andic really hitting every economy really hard supply chains are coming back online, that's now first showing up in raw material costs, so the companies that sell those items to you end up charging more. >> reporter: while we don't know the specifics yet, this 27-count of pampers retails for around $9. a mid to high single-digit increase could see it up go 72 cents per package. kimberly-clark, a company whose products include huggie diapers and scott toilet tissue, also announcing they will raise prices starting in june. >> it's a chain reaction. once they lift their prices, that pretty much gives everyone license to do the same thing. >> reporter: the consumer price index, which measures how many consumers pay for everyday items, jumped 2.6% over last year. that's the biggest increase in three years. from cheerios to peanut butter r going up in cost. analysts say it's not just the price of materials increasing, but also truck driver shortages and issues with freight like this container s

take on apple has always been this is much closer to a consumer stable company like coke or pepsi or procter goods company. those are trading at 20 to 30 times free cash flow multiples area to our price targets are driven by the fact that we think the valuation gap will close as people appreciate the fact that apple is more of a consumer stable. jonathan: what does it look like on the buy side right now? amit: at this point, investors are caught between two dynamics. the near-term is numbers are very good in the near-term. the flipside of that has become as you get into the back half of the year, september into december, compare stocks get difficult. how can the stock keep working when the comps start to get difficult? amit: if you get the -- jonathan: if you get the product mixed shifting, does the demand hold up? amit: it should. gross margins tend to run very consistently in the high 60's range. the extended belief narrative is about the stall base, so gross margins -- so gross margins should move steadily higher. lisa: there was a time when people were looking to services as a potential

invented by procter & gamble the 1950s. what did parents do before that?correct. right katy here's your next question here we go paid what came first, joe biden or cheez whiz? >> cheez whiz. kennedy: knoll, katy i am sorry. now, now matt and juan can catch up. cheez whiz debuted in 1953. kennedy: so close. it was a decade. 110 years that's right. matt this is your next question. what came first, joe biden or the beloved nhl? >> let's say the beloved nhl. sue for corrective art matt welch are now tied with katy of 28 apiece. nhl open ice in 1917. my grandmother was ten years old. she is no longer live, god rest her soul. all right juan what came first joe biden or the credit card? >> i would guess joe biden. kennedy: your absolutely right the credit card was not invented until 1950. that is what is first introduced. we have a three-way tie. i am thinking of a number between one and 30, i'm writing it down right now, what number my thinking of, katy? >> 21. kennedy: okay matt? >> 17 come on. kennedy: juan? >> 27. kennedy: oh, i am sorry you have gone over hi

citing strong growth across all applications including cloud and software licenses and then finally, procterble, p&g, raising its quarterly dividend by 10% after a surge in cleaning products and other household goods. p&g reporting its earnings next week >>> still on deck for the show, top banking analyst anton schutz is here. with banking names that he says should be on your radar for buying >>> plus, coinbase coming out of the gate with a $60 billion valuation. but your next guest says try boosting that number by 40 billion more we're back, after this >>> today's big number $13 trillion that's the total trading volume crypto exchange/broker businesses are on pace to do this yr,ea according to bernstein. that's equal to the dow spot trading volumes in 2020. i really hope that this vaccine can get me one step closer to him. to a huge wedding. to give high fives to our patients. to hug my students. with every vaccine, cvs is working to bring you one step closer to a better tomorrow. with every vaccine, cvs is working to bring you hey, it's good to see you. the company we've trusted to keep us

earnings reports from johnson & johnson, procter & gamble and netflix today.remain a pandemic winner even as restrictions ease and people start going outside again. >>> new regulations may be on the way for the tobacco industry, altria's fell 6% after reports that the biden administration is considering requiring cigarette makers to reduce the level of nicotine in their products to the point they won't be addictive. this could cut down the number of younger people who begin smoking and get hooked. altria said any action taken must consider the consequences including the loss of jobs and rise of illegal markets. >>> don't blame autopilot that's what elon musk is saying after a crash left two people dead in texas on saturday. local police say no one was in the driver's seat when the car hit a tree and burst into flames, but musk says data logs show that tesla did not have autopilot enabled and it couldn't have worked anyway, autopilot, because the street the car was on didn't have lane lines. two federal agencies are investigating that crash. >>> peloton is refu

grocery store where i shop. >> city has downgraded procter & gamble because of choppy months ahead,ising prices, the city is downgrading it calling it, don't call it more, you don't need to so there is still some upside. stuart: that me check the indicators starting with the yield on the 10 year treasury, one.56% up a little this morning, 156 significantly below the benchmark, 160. it is 1786, your price. one dollar and $0.27, gas moving a fraction higher to 288 your national average. you back exactly one year and the price of gasoline, the average, and now it is 288. a new op-ed which begins woke corporate america. we witnessed a big shift from the media, look at the coverage of donald trump compared to coverage of president biden. >> the least racist person, because you say it doesn't make it so. >> efforts to root out racism in many forms this hour. stuart: there is a lot more rare that came from and if that didn't convince you we have the number to prove how much the media favors president biden. governor mike huckabee will sound off on it next. ♪♪ we got to go for all we know ♪

prok procter & gamble hiking price for baby care and feminine care. higher commodity costs. other cases maybe they are just eating it. the bottom line is they are able to do it and it doesn't seem to be affecting their profit situation. this it is ideal situation what you want to really see thanks to my colleague for doing the research there we've seen this with kimberly clark as well. so far the good news is higher costs do not seem to be dramatically impacting margins and that is what we care about but again it is very very early in this earnings season and of course carl we'll be on top of of all of that back to you. >> bob pisani. rick santelli this morning good morning >> good morning carl so far it is not a big data week that will be coming midweek but it is a big movement week nonetheless. and important technical levels look at a three day of tens what you want to pay particularly close attention to of course is how it broke out above 160 now it is back below, trying to get back above 160 open the chart up only to february and march, what a run

taylor from procter & gamble talked about how he was going to add women to the board, young women to the board and it's about time, how does it happen, carl, that these things are so late they're just late. >> i think the ceos themselves are asking that same question, this is what was said last night about being a leader, who happens to be a member of a specific race, take a listen to this >> being at big companies when you look up and see people who, no one in leadership positions looking like you, you realize that, you question yourself, am i playing a rigged game? am i playing something that there's going to be no winner that looks like me and so really breaking out and going straight to the top by starting our own company and starting my own company has been one of the ways i have a shortcut to the top. it's hard work but being at the top, i think it does set that tone >> our thanks to those executives, jim, for being so honest, and candid at least they're in a position now where they can start to ask these kinds of questions as opposed to not being in the c-suite at all. >> yes,

you take for instance procter & gamble. they just said today, we're going to have to raise prices.ment. goods and services become really expensive.back to the cryptos. this is where they come in. like gold, they're an inflation hedge. the companies use this technology to create other currencies. they have a finite amount out there. you don't have to worry about this money printing issue because there's value here. what you have is investors piling in the names for hedging here and you get these crazy returns. interest rates are at zero. investors are saying where can i put my money? i don't want it in the bank. i want to invest in something. there's one wrinkle here to talk about. it's regulation. it's what slowed the pandemic down but on the radar. it's charlie gasparino reporting on the fox business network that's been saying it's a matter of time before the administration tells the sec, here's the nod. you have to move and start to regulate. that's what people need to think about. >> regulate those markets. they'll want a piece of it, right? it's a fascinating story. not only ca

tuesday, procter and gamble reporting, verizon chipotle las vegas sands. whirl and on deck.iday american express and honwell, a third of the dow. the set up gets tougher as we reach new record heights and close sharply higher, percent and half of gains for the s&p. >> no doubt about it the bar definitely is pretty high in terms of this built-in expectation that we're going to blow away the forecast earnings, beating an 81% rate right now. what's most important is weir looking 30% year-over-year growth rate in first quarter earnings to enable the forward valuation of the market to remain stable, at 22.5% earnings where we were ten months ago as the market marches higher i'm looking for csx whirlpool cyclical names to give us a clue whether people are willing to buy the industrial cyclicals cycl cyclicals. >> wells fargo up 8% after the banks playing significant catch up of note. best week for gold nothing compared to doge coin. still nonetheless. >> exactly you know, maybe gold was created as a joke, who knows dollar down and yeel yield down give a bit of a bump to gold. >> i

in ohio, for example, we have procter and gamble. it's headquartered in my hometown. they rely on overseas production to serve foreign markets in an affordable manner. they are not going to ship diapers from here overseas because it's not cost competitive. so for the foreign markets, they will make diapers in those foreign countries. however, by doing so, they employ thousands of ohioans and others around this country who support those international sales. so all the back office work, the sales work, the research and development and so on is done here. the proposed biden tax increases would make such companies uncompetitive overseas, resulting in us losing markets there and losing u.s. jobs. remember, no other developed country in the world does this except us. no other country taxes these companies on their foreign profits. we got away from that on purpose, and we essentially established a minimum tax which, again, hardly any country in the world has but we wanted to have some balance here. now under this proposal from the biden administration, that tax would be more

procter & gamble, which owns charmin, bounty, pampers and tampax will start charging 4 to 9d % more for scott is raising prices on baby care, adult care, and toilet paper in late june. >> we're going to see price increases like we've never seen before. now we're seeing it on packaging, on transportation, just about everything. >> reporter: everything includes groceries. the prices of popular pantry staples from countries like j.m. smucker, general mills and coca-cola is already rising. >> the last time that we saw prices go up, especially on food prices, was well over 20 years ago to this extreme. >> reporter: the factors, higher commodity costs, surging freight and transportation prices, and the stress on the entire supply chain because of the pandemic. experts say last year's hoarding may have also played a role. cautioning consumers against over buying when trying to save money. >> reporter: the key is real simple look for your great prices online, shop around, go to the discount outlets go to the dollar stores. go to the warehouse clubs. >> reporter: one silver lining, those bare st

. >> if europe comes back, it's going to be, net sales 14.9, organic up 10.3, you think procter & gamble numbers like that. >> a nice number, organic growth 10.3%. >> new orders 18.4. >> it's not lasers anymore it's elevators >> it's elevators. >> carl, it's escalators >> escalators, too >> i thought this was the most important report of the monk h -- of the morning here, david, you can read it. >> why do i want to read it? even if i read it, i wouldn't be able to talk about it. >> proof point. >> an enormous deal. >> carl? >> jim does "what i'm watching" every morning. >> you think i read that >> gary, this morning. gary steele. oh, you don't care he's only the ceo. i completely care about everything i just no that - >> amc, and ocugen that's what you care about. >> ocugen? >> carl? >> let's take a commercial break. and we'll be back. >> we are going to get to what david is watching, we'll talk some rails, obviously, and there's a lot of news on bitcoin today. we've got some calls on etsy, downgraded, don't go away. futures are steady did you know that petco, is now a health and wellnes