i was in warsaw a couple years ago and there were raytheon bobo, billboards all over. because well, because yes, because their milk in the polish people probably through i m f, loans and everything else is the whole thing is, was unnecessary. tragic. and, and i think of jack matlock, the former ambassador, so the union and others predicted that the time that if you do this, you are essentially stoking a confrontation. now that's where we are, let's hope it doesn't go to war. but i find both the reporting and the rhetoric coming out of the by and what i was very disturbing. mainstream media hype aside, anecdotal reports are breaking by the moment. it's a situation where following live and wherever something happens will take you there . but as things stand now, what in your view is the biggest misconception about the status quo and ukraine? i would say the biggest misconception is that the russian government is carrying out acts of provocation when we don't look at the many years of provocation on the part of the united states and nato. i mean, the united states is real

carleton: raytheon technologies by 12%.y doesn't just mean travel but a defense play. jack: we could see some action in defense stocks. benyou're going with a safe pick. ben:i'm going with gold shares and it is scary. you want some balance. gold hasn't done much. next year hasn't done much for a while. a good play to have. jack: crypto keeps getting hit. people turn from digital gold. all great ideas. to read more check out this weekend edition at barrons.com. see you next week on "barron's roundtable". ♪♪ (announcer) the following is a paid presentation furnished by rare collectibles tv, llc. (announcer) the biggest numismatic event of the year just occurred! the 2021 morgan and peace silver dollars are finally available and you are first in line to acquire your very own set right now! the silver dollar is the ultimate collector's coin and the two most popular silver dollar designs are the morgan silver dollar struck from 1878 to 1921 and

shares down 7% right now plus raytheon technology shares moving higher.ost following a pledge by eu countries to spend more on defense. also here in the u.s more on that a little bit later this hour. shares are up 2% warren buffett's berkshire hathaway, a record profit helped by investments in apple. they also bought back a record $27 billion in stock just last year david. >> almost exactly how much it earned as well for the quarter morgan, thank you. let's move on now, of course, to the crisis in ukraine. officials from kyiv and moscow holding ceasefire talks today. this as russia's military assault on ukraine enters the fifth day. we are live in moscow. hadley >> hey there, david. just moments ago an exclusive interview i spoke with ukraine's foreign minister and he told me at least so far in the kfrlss between ukraine and russia, the russians haven't shown good faith to find a solution he told me when it comes to what happens next regarding russia's economy, he said, listen, when it comes to the russian ruble, every russian ruble has the mark of ukrain

this is the raytheon ceo speaking last week during an earnings conference call with investors. >> theis obviously we are saying i would say opportunities for international sales, we just have to look to last week where we saw the drone attack in the uae, which attacked some of their facilities, the tensions -- all of those things are putting pressure on some of the defense spending over there. i fully expect we will see some benefit from it. amy: raytheon, lockheed martin, general dynamics all fund the center for strategic and international studies and influential think tank that supported this military action in response to the russian invasion. you go back to the famous promise that as secretary of state james baker made to gorbachev, when was it, in 1990 saying "not one inch eastward" that promise that nato would not extend to russia's border. medea benjamin, if you can talk about what we here in the united states on the corporate networks, the lack of presence of those who were opposed to a war with russia? >> first, i think it is very important you bring out who in these defense

carleton: raytheon technologies by 12%.esn't just mean travel but a defense play. jack: we could see some action in defense stocks. benyou're going with a safe pick. ben:i'm going with gold shares and it is scary. you want some balance. gold hasn't done much. next year hasn't done much for a while. a good play to have. jack: crypto keeps getting hit. people turn from digital gold. all great ideas. to read more check out this weekend edition at barrons.com. see you next week on "barron's roundtable". ♪♪ dr. michael youssef: the word of god, if we don't read it regularly, if we don't follow it closely, the lostness can be very serious. the bible says that in the last days, there's gonna be a famine for the word of god. it is the burden of my life to equip you for those days that are coming upon us. i want to tell you today about seven deadly sins that you must not commit as you read the word of god.

carleton: raytheon technologies by 12%.travel but a defense play. jack: we could see some action in defense stocks. benyou're going with a safe pick. ben:i'm going with gold shares and it is scary. you want some balance. gold hasn't done much. next year hasn't done much for a while. a good play to have. jack: crypto keeps getting hit. people turn from digital gold. all great ideas. to read more check out this weekend edition at barrons.com. see you next week on "barron's roundtable". ♪♪ ♪ ♪ from the fox studio in new york city this is maria bartiromo's wall street. spit happy weekend to all. welcome to the part of the ellice of weekend was positioning for the week ahead. i am maria bartiromo. a huge surprise that generate jobs report with many more jobs added to the economy last month than most expect to be the end employment rate did kick higher. we break it all down for you and what it means for your money coming out. teaming up against america. vladimir putin and beijing this weekend meeting

defense stocks right now, raytheon is one i just bout.ur adversaries are petting. i like raytheon. they're a big player in hypersonic defense. we all know that is what china as testing a few months ago. charles: absolutely. there is smaller name, they broke up the takeover, really hypersonic missiles. you have to have exposure to them, no doubt about it. nicole, mark. thank you very much. i love when the guests give smart, straight answers. now our audience knows what they have to do. when we come back my take on removing the punch bowl. it's a quaint idea, but i got to tell you something we're a long way away from the era of fiscal discipline. i will explain when we come back ♪. at vanguard, you're more than just an investor, you're an owner with access to financial advice, tools and a personalized plan that helps you build a future for those you love. vanguard. become an owner. . . . charles: the newest pastime how many times the federal reserve will hike rates as fun as watching a puppy chased its tail all we get some laughs and giggle

>> i'm sitting on cash but i told you a few weeks ago, i started to buy more raytheon.t is one of our defense stocks. if you're wondering whether or not it is too late to buy defense stocks, based on what we just talked about charles, me thinking we will have issues the next few years i still think you have a good opportunity to get raytheons, lockheed, some big defense players. the runway is approximately three years. charles: i think the biden administration will increase the military budget much to the chagrin of a lot of progress serves in the party to reality of the world. mark, thank you very much. of course folks, we're monitoring the escalating situation in the ukraine as president putin is redrawing the map and probably will have to enforce that. they say a picture is worth a thousand words, let's face it charles sometimes are worth even more, you will learn where the market must, i say must make a stand. we'll be right back. ♪. this isn't just freight. these aren't just shipments. they're promises. promises of all shapes and sizes. each, with a time and a plac

the ceo of lockheed martin, the ceo of boeing, the cl raytheon, the ceo of groman, the people who run the complex that why can't members of congress stand up to them then mr. wilson, i mean, you know what you're saying? it's, it's not completely new. you know, maybe it's a little bit and i even tell you here in this question, but you know, what about the elected members of the united states? can't they stand up and say, no, this is not in the interest of our national security. as an excellent question ever since citizens united, the supreme court decision, essentially declared corporate money just like people's money. that is, a corporations are human beings. under the law, we have had such a pollution of money and our political process that the chairman of the senate armed services committee, the chairman of the house armed services committee, all the members of the committee, all congressmen and senators who work anywhere near defense if they're not of the progressive caucus or whatever and just committed to cut the budget are for the budget. look at what just happened. $76800000000

s. company raytheon. during election, campaigning job bind and had pledged to end his country support for the war in yemen, vowing to hold on sales to saudi arabia and other members of the coalition. but more than a year on weapon shipments have continued. meanwhile, un officials, of course, for the promise, saudi probe into the recent rates to be independent and transparent. mm. mm said i didn't have that on a have it since we didn't have any information that there would be an attack. we only heard the sound of the strike. i heard that when i was at home, i went out and entered the jail. i saw a body bars everywhere. mm oh, i did. a lot of us. i heard groans and screams. some prisoners were clinging to the walls. i shined a flashlight and saw a huge number of people. the bodies of some of them were torn apart. others crawled on their stomach. some tried to get up and walk. others were locked inside the building. there were 3 strikes the 1st bloss hit. the building on the east side from the side of my hou

week, the parts were identified as belonging to a laser guided fall manufactured by the us company raytheon. meanwhile, u. s. officials have called for the saudi probe into the recent as age to be independent and transparent. with sonata levona had wrecked, since we didn't have any information that there would be an attack. we only heard the sound of the strike. i heard that when i was at home, i went out and entered the jail that i saw body bars everywhere. we tried to save people, the ambulance worked all the time. oh, the victims were prisoners. we opened the door for them after this joy. they ran out, however, they were then buried under the rubble in what i had done. mm. oh, what a lot of us. i heard groans and screams. some prisoners were clinging to the walls . i shined the flashlight and saw a huge number of people. the bodies of some of them were torn apart, others crawled on their stomach, some tried to get out and walk. others were locked inside the building. there were 3 strikes the 1st bloss hit, the building on the east side from the side to my house than to strike came on the

s. military contractors including raytheon. and so they're going to be buying weapons from who probably, and presumably russia, one of the things that we have to remember here is that there's a lot of talk on both sides. your, china's already made it pretty clear that when it comes to this, this position on ukraine, they're going to back russia for the most part though they are talking about coming down and roger things down. but i got to say guys listening to the president speak today and what he had to say, i think there were a lot of mixed messages coming out of this. it seems like he clearly said, we're not going to have military conflict with russia. that's good news. by the way, that should have been good for markets. then he turned around and said, oh, and by the way, gas prices are probably going up here in the u. s. as well, it's prudent fault. i think that's why we saw the del tumbled today is because, obviously whenever they're talking, the energy prices coming up. that's not a good thing. but the other thing is this

and bathing just now that will sanction to washington's top defense contractors, raytheon and lockheed martin once again. this time over 100000000 dollar deal for the 2 companies to help maintain timelines missile defense system. previous sanctions against the companies were announced in 20192020, but this time china cited it's a new anti for infectious law which was created as a response to us sanctions. now this march, the latest, and the continued tension between the world's 2 largest economies. while us argue that has the right to sol, taiwan, millions of dollars in weapons under the 1979. taiwan relations act, while making argues at washington is in violation of the one china policy which sees china as part of sorry, which sees taiwan as part of china. and is therefore a threat to national security. us arms sales to taiwan and china seriously violates the one china, principal and visions of the 3 china us joint communiques, especially the august 17th to communicate seriously, undermine china sovereignty and security interests. damages china, us relation and peace and stability in

blumenthal of connecticut explaining that actually ukraine needs a lot more lethal weapons from raytheon i was deeply impressed with how resolute and determined the people of ukraine are. they are courageous. they are steadfast. they are going to fight in the streets, their neighborhoods, if we give them the arms that they need, and that's why have also urged the jablon missiles, the tanks, the aircraft. >> tucker: [laughs] that guy about his own or service is pretty excited about the thought of ukrainians fighting and dying in the streets. these people are ghoulish. of course they are promoting more. not to maintain the democracy that is ukraine. ukraine is not a democracy. it has never been a democracy and its history and it's not now. it's a client state of the biden administration. it's a place in which opposition media and opposition political candidates are completely shut down by the government. it's not a democracy at all. it's insulting they would suggest otherwise. people like that in many people in washington are pushing ukraine toward war. so we are sending them weapons and t

we checked in among jim risch's top donors are lockheed martin, raytheon, northrop grumman, the war lobbyntirely surprising that jim risch wants more. risch cannot admit it in public so when cnn use the line you so often hear from washington firm or enthusiast trying to hide their real motives. ukraine is a democracy. we side always with countries that are democracies. pretty familiar stuff. but we wondered. cannot really be true? is all of this really about democracy for jim risch? so we checked that. it turns out this very same jim risch, the archenemy of nondemocracies everywhere, has heaped praise on the corrupt theocratic petro monarchies of bahrain, qatar, and saudi arabia. senator risch calls them partners and says we ought to send them more weapon systems even though those countries do not allow voting. but wait a second, jim risch of idaho, you pompous neocon buffoon. those places aren't democracies. they are the opposite of democracies. what's going on here? we call senator risch and asked him to come on the show and explain and he refused. we sincerely hope you will reconsider.

really believe industrials in general are undervalued right now, one of the solid industrials is raytheond returns over time. >> missiles might knock one of your socks off >> compass diversified trust owns low economic sensitivity. it trades at nine times earnings >> nice. and john, before your final trade, the viewer jessie said you combine the two, enter piano man. >> i like it jessie for the win we have palo alto because of unusual activity, end of the year earnings. i'm writing up side calls against it today >> okay. all right. thanks, everybody. "the exchange" begins now. >> thank you very much hi, everybody. i'm kelly evans. ahead this hour, stocks gave up their early gains as ukraine is suffering a cyber attack we climbed into positive territory and we're trying to failing to stay there. the s&p is 1% off the january intraday lows. are those lows safely in or not? >> plus as more sanctions get issued, russia will do one thing that the west can and should prepare for. that's according to one of our next

. >> can i make one last comment >> we're going to take a quick break -- >> in 1990, i bought raytheonause the patriot missiles started flying when everybody saw that, it was already in the stock that's a memory that sticks with me and it's why i say don't buy today, but wait a week or two. >> we have a timely interview up next the man behind the largest etf with russia. the rsx. on pace for its worst day ever for obvious reasons given the sanctions. stay with us we're back on the half right after thisacross multiple asset, actively managing investments in the world's public and private markets. outscain 52 countries.ources to serve 1,500 clients and outlast, with long-term conviction that looks beyond today's volatility. join the pursuit of outperformance at pgim. the investment management business of prudential. stuff. we love stuff. and there's some really great stuff out there. but i doubt that any of us will look back on our lives and think, "i wish i'd bought an even thinner tv, found a lighter light beer, or had an even smarter smartphone." do you think any of us will look back

near term threat is a positive for raytheon with the singer anti-aircraft missile system and actuallygeneral dynamics could benefit as poland looks to buy abrams tanks and more demand potentially for fighter jets like from lockheed and boeing. this could support u.s. army priorities and speaking of missiles, something else to watch today. another big development that's impacting the sector lockheed scrapping the deal for rocket and missile merger with aerojet. shares are lower down about 6% today. >> morgan, thank you so much this has been a tough environment to get deals done. we watch stocks head to session lows on the concern. we'll pick it up with "power lunch" right now ♪ >>> welcome to "power lunch. i'm dominic chu in for tyler today. putin's power play as the u.s. warns of an eminent attack global energy supplies hang in the balance and focusing attention on the under the raw car lng. buy this and sell that a veteran trade we are a list of stocks to own and those to ditch. and no price like home inflat

it's like an appetizer plate, a toughest plate hershey, american express, marriott international raytheon, all hit records highs at some time today we'll put a gold star and a big spattering you mentioned the under the radar reopening plays. i would note, though, that marriott international and expedia both hit record highs. >> and i'll give everybody a hint it's more a health care play that particular name >> i'm intrigued >> thank you very much >> my next guest is a fan of several big tech stocks. he was on our show last april where we revealed big bets on afl fete amazon and meta, and he's a fan of bitcoin. where does he see the risks 'opportunities now joining me is bill miller. welcome. >> thanks, kelly great to see you as well >> what do you make of stocks right now? would you warn investors about the duration of the year has it created opportunities for you? >> there's emerging opportunities in the market. we're at the beginning early stages of a regime change. from a fed easing accommodating bond buying set of policies to one that's the opposite. so draining the fed balance sheet

bush and former national security adviser for iraq and afghanistan and on the board of raytheon technologieslearning british petroleum is going to exit its $14 billion stake, a sign of the western business world cutting its ties with the kremlin. what's your reaction to that and the decisions taken by germany and the rest of the eu regarding s.w.i.f.t.? presumably it will be ratified by the belgian people who run that messaging service. >> what we have seen is that in the last week, we have started to have things that were not even spoken about really with any seriousness a week or so ago come into the realm of the reality and the possibility when it comes to economic sanctions. so i think we're really moving into a territory where we're no longer looking to deter president putin but really looking to try to really contain him, really even if this problem with ukraine, if this terrible invasion is reversed, which i don't see happening, basically we're going to see the west be at odds with putin for a long time to come. and i think companies like bp and others are realizing that this is somet

northrop grumman, raytheon, lockheed martin. gold miners, the etf is gdt -- gdx. you've got to be long silver. and this whole situation, the chinese situation, the russia situation doesn't really impact the stories of the stocks you're in, let's say nvidia, they killed it. they killed the quarter. they raised guidance, great story, okay? a little expensive, but a great story. that one i'm buying today. liz: okay. nvidia at the moment, as we start to really try and figure out exactly what's going on, the russian stock market year date down just under 10%. and, again, nobody wants to see this probably except the russians and maybe the bell-russians. i love it, belarus says they'll let the -- yanukovych, that leader is out of his mind, but as we look at everything that's going on, we of do have to look at what the federal reserve is saying and what it plans to do. we now have jpmorgan saying we're going from five interest rates this year to seven. they're jumping into the seven rates this year pool. and that, to me, is rather surprising. >> it is. it shows you how da

blumenthal off connecticut explaining that actually ukraine needs a lot more lethal weapons from raytheon. watch. impressedmiply with how resolute and determined people of ukraine are. they are courageous, they are steadfast and they're going to fight in the streets their neighborhood feels if we give them the arms that they need. and that's why i've also urged the javelin missiles, the stinger missiles to combat their tanks and their aircraft . so that guy who lied about his war service is pretty excited at the thought of ukrainians fighting and dyingtht in the streets. thesehe people are so ghoulishe and of course they're promotingt war not to maintain a democracy that is ukraine. ukraine is a not a democracy. it has never been a democracy n in its history and it's not now it's a client state of the biden administration. it's a place in which opposition media and opposition political candidates are completelydiic shut down. but the government is not a democracy at all and it's insulting. otthey suggest otherwise. but people like that and many people in washington are pushing ukraine tow

russia's top donors are lockheed'sp martin, raytheon and northrop grumman, the war lobby.o maybe it's not entirely surprising that jim rich wants war , which cannott admit that in public, of course. so when i cnnc used the line so often here in washington fromhes war enthusiasts who are trying to hide the real motiveses, quoe ukraine is a democracy. we side always with countries that are democracies pretty familiar stuff. but we wondered can that really be true ? is all of this really about democracy? for jim risch? t so we checked that too. and itit turns out this very same gibberish, the arch enemy of non democracies everywhere has heaped praise on the corrupt theocratic petro monarchies of bahrain, qatar and saudi arabia. ar senator risk calls them partners and says we ought to send them more weapons systemsh even though those countries do not allowri voting. but wait a second. jim risch of idaho, you pompous neocon buffoon, those places aren't democracies. they're the opposite of democracies. what's goings on here?hi >>m we call centrists and we ak them to come on this

raytheon will delay shipping about 70 jet engines to airbus.hey will make up shipments as the year progresses. kraft heinz abuse price hikes as the last option to do with inflationary pressures. other options on the table include using different ingredients and reducing packaging should shery: taking a look at at surging prices for agricultural staples, soybean and wheat futures both sword to nine year highs. -- potential supply disruptions per both ukraine and russia are key ring producers. bloomberg terminal users can read more. geopolitical tensions continuing to rise. energy prices remain in focus as we continue to see oil futures closer to the $100 mark. let's bring in su keenan for more. given the rising prices, they may be tapping emergency supplies again. su: we did see the price briefly slip. here is what we know at this hour. according to people closed to the matter, the white house is engaged in robust conversations about a release of oil from the strategic reserves and accord nation with other countries. no decision has been made ye

among nato and other allies near term this could be a positive for munitions and missile makers, raytheon to buy 250 abrams tanks, a process that speeds through the biden administration now jeffrey is noting this could support u.s. army priorities around modernization programs with gd and ld harris most exposed. that's not the only thing moving defense stocks another headline for the sector. lockheed martin is scrapping its deal for rocket and missile engine maker aerojet rocketdyne after the ftc sued to block that acquisition last month as you can see, shares of aerojet rocketdyne are underperforming what is broadly a lower market right now down about 5%, david the question now for these names is what does lockheed martin do with that cash, that capital that would have deployed on the acquisition. the expectation broadly more buybacks, the possibility of bolt on acquisitions that wouldn't necessarily raise regulatory ire it's going to be business as usual between lockheed and aerojet, that's the expectation. lockheed accounts for 30ers of aerojet's sales. you have aerojet move forward as

you >>> we are also walking the aerodefense contractor stocks move higher, general dynamics and raytheones, thanks for being with us this morning i see a number of analyst's mosts out this morning suggesting we are now moving into this fast-moving forecast thing. roman schweitzer at cowan weighs out two special scenarios, this is either a prelude to a wider invasion or a potential way for russia's putin to do something before stepping back from the brink and engaging in further goess, how do you see it >> i like that second course of action i think it's much more feasible and likely this is a continuation of what russia started in 2014 when they first invaded ukraine. they never left. and the aim here for the kremlin is to collapse the ukrainian government and they're going to do it by collapsing the ukrainian economy. so think about a boa constricter that's wrapped itself around the body of ukraine. with all of these troops, significant russian navy out there disrupting traffic in and out of ukrainian ports, always the threat of a massive assault, i don't think that's likely if the russ

harris, raytheon, really leading the gains here jefferies thinks nato spending will now accelerate withmilitary sales like that $6 billion deal that was just approved by the biden administration for general dynamics tanks to poland another perspective winner, l3 harris, which has a big tactical communications business, think army radios. other names with european exposure, lockheed, boeing, and mercury, but overall, bigger defense budgets should benefit the entire group, at least from an investor sentiment standpoint >> defense stocks will be in focus in the weeks to come morgan, thank you. cybersecurity stocks leading the nasdaq 100 today, kate rooney has a look at how those names tie into what's happening in ukraine. kate >> investors are looking to cybersecurity stocks for upside during the conflict with russia. cyber software and tech names are among the biggest winners today. four of the top five stocks in the qqq are cyber stocks you have palo alto networks up almost 10% up more than 12% heading into the close. crowd strike up more than 13%. z scaler as well, another winner, and m

down 7% for the year, no she's done -- she's way too good for that that's the spinoff raytheon united think people have to watch judy marks. what you want is you want nice organic growth, you want to buy back, and you've got a balance sheet that's better, and she's not getting the credit for what i regard as being a tremendous business in china that has not been dinged at all by all the problems in china. and by the way, i was -- i did pushback with her. i said, well, how about all these construction companies that seem bogus, and she said, jim, safety does not take a vacation basically is what she's saying in china. i really love what she's doing i think that stock -- i know it's got a 24 multiple people think the multiple's too high, but it's got to be considered as one of your classic industrials right now, and i think that she's a go-getter in the way of getting -- she goes on the road making on the road making sales all the time again, really does hail her tremendous associated. that's a good company. >> hanging on to some of the opening gains. there does remain this ongoing disc

of the atlantic for sure if you're looking at some of the premarket movers, those names are like raytheonmman up about 4.5% general dynamics, over 4.5%. lock hield martin, at 4% they're coming to a real head. again, active in the premarket, picking up steam, some of the biggest gainers. of course, financials are going to be a key focus given the sanctions as steve was just mentioning the banking system could be under stress they could have little exposure. for that reason you're seeing jpmorgan chase off about 2.25% others are all down between the 1%, 2% 3rks% range hsbc, barclay and others are trading with more downside than are u.s. banks here. then check on the most popular tickers we search on our website from friday's full session again, given the geopolitical sessions, a lot more focus on the macro side that was the number one on the list some of the single stock tickers include tesla always near the top of the list, block ink, fintech trade very much in focus. apple always a top search and wti crude was still in the top ten as well. by the way, i know it's not trading right now, gu

defense contractors, so raytheon technologies, lockheed martin faces sanctions from china over pendingperson saying beijing is surging the united states to stop sales with taiwan calling it china region, dean, sounds awfully familiar to vladimir putin telling us to stop even considering opening up nato to ukraine, your thoughts on what china is doing with regard to the u.s.' defense contractors? >> absolutely. the chinese are doing two things, one they are using the same terms, echoing the same demands as moscow about ukraine. but also they are saying, okay, america, you employ sanctions all of the time, you've imposed sanctions over human rights and imposed sanctions of other things, watch us do the same thing. the choice of defense contractors is interesting because i suspect neither lockheed martin nor ratheon. port that much to china. it would be interesting challenge if the chinese were to sanction say boeing or general electric which have defense subsidiaries but sell commercial goods to china. they've avoided doing that. right now i suspect it's posturing but state tuned. maria:

raytheon was up earlier, now it's down a bit. general dynamics is also on the could beside. i'm looking for -- downside. susan: can we try moderna as well? i thought that was a really, or really strong report card. they expect at least $10 billion in vaccine -- [inaudible] sales this year. biggest beat in the company's history. they're raising guidance by at least 2 billion this year, and they're hinting a that most people over the age of 18 around the world will need a three-vaccine dosage. so that means better sales for them. stuart: well, that's one standout, isn't it? which has nothing to do with the price of oil or war in europe and all the rest of it. it's a vaccine company and up it goes. susan: yeah. stuart: what else have we got? show me all the dow winners. let's go through -- susan: hard to find anywhere. stuart: no. not a single item of all the dow 30 stocks, not a single one of them is on the upside. s&p 500 winners, what, there you've got mow derna, livenation -- moderna. anything that has nothing to do with inflation and war. nasdaq winners, are there any? yes

defense stocks, lockheed martin, raytheon and northrop grumman this morning are higher, up better than 5% on each of them. the shares of northrop grumman up 6.5% right now. weapons makers gaining on bets of bigger spending as russian forces continue to attack ukraine. european defense stocks also higher as germany is now increasing its defense spending above its target level of 2% of gdp. markets this morning selling off, we are waiting on any developments out of these talks on the russian war in ukraine. it stretches now into a fifth day, but the delegations are beginning to talk this morning at the border of belarus, and we will get you any details that come out of those talks. the dow right now down 365 points, better than 1%. the s&p 500 down 55, and the nasdaq lower by 1.25%, that's 181 points lower. all three major indecease rallied at the edge of the week last week -- end of the week last week, the dow and s&p were higher on the week, the dow up 2.5% friday, the nasdaq up 1.66% and the s&p higher by 2.25%. joining me right now is jimmy lee, also joining the conversation all morn

>> it's not just a marketing scheme, but the guy's not going to go be a lobbyist for raytheon at thise he believes that is all stuff. when he's saying to an interviewer that i think that the united nations and other forces created covid to undo an election, it's not just the speaker fee. >> good morning. it's a great piece. i devoured it over the weekend. it seems like there's a through line to his belief and conspiracy theories, anti-muslim while he was in the military. >> yes. >> then qanon and certainly he was willing to flex the power of the military here, martial law, seize vote mag sheens. tell us about the unlikely voice in the room who said we can't do this, this will send us all to jail? >> yeah. it's a very peculiar plot twist when rudy giuliani of all people is the guy saying, hey, a military option is where we've got to draw a line in the sand because we'll all end up in prison. that is what giuliani said to overstock's ceo, who is a colleague of flynn's in this ongoing effort that he, giuliani, said to trump. we can't do this, sir, because we'll all end up going to prison