it was the vision of greg schroeder... >> this is good stuff. >> a wealthy real estate consultant whoed collecting wines and decided to turn his hobby into a business. >> we had to drive 35 miles to find the nearest fine wine store, and i thought, "just open a store closer to home." >> today, amazing grapes sells some of the finest wines in the world, and while the business generates about $3.5 million in revenue, last year, they lost money... >> we have never seen a profit from this store in the nine years we've been open. >> and haven't even made a dent in paying down a debt that's well over $500,000. there are 17 employees at amazing grapes, but without a strategy to generate sales and increase profit margins, this business will be done before the end of the year. >> you're selling wine too cheap. >> let me stop you right there. >> i'm not done. i don't see myself walking away from amazing grapes. i'm trying everything i can to keep this alive. >> in the u.s., wine retailers generate over $9.5 billion every year. i think amazing grapes can be turned around, and i want a piece of it

ron insana, senior adviser at schroeder.hank you for joining us today >> thank you >>> still ahead the growing, you for america's small businesses, inventory shortages. we'll inplain what's causing the bottlenecks. plus, is a problem brewing for coffee chains? many might find higher prices for their cup of joe that story when "power lunch" returns. ugh, these balls are moist. or is that the damp weight of self-awareness you now hold in your hands? yeah (laugh) keep your downstairs dry with gold bond body powder. what happens when we welcome change? we can transform our keworkforce overnightdry out of convenience, or necessity. we can explore uncharted waters, and not only make new discoveries, but get there faster, with better outcomes. with app, cloud and anywhere workspace solutions, vmware helps companies navigate change-- meeting them where they are, and getting them where they want to be. faster. vmware. welcome change. >>> welcome back i'm rahel solomon. here is your cnbc news update this hour. a new milestone on the v

i have been speaking tojohn ashlyn schroeder. —— jonathan.lights. the priority _ evacuation flights. the priority first _ evacuation flights. the priority first and - evacuation flights. tue: priority first and foremost evacuation flights. tte: priority first and foremost for the us military will be the safety of its own forces. us servicemembers, as well as any civilians that may be on the last few flights to depart the airport. that will undoubtedly be the priority. it's been president biden�*s priority throughout the withdrawal. he made it clear that was the number one thing he was concerned about — was the safety of us servicemembers. so i would expect that remain the priority until all of those servicemembers are on aeroplanes departing the airport. took us through how the practicalities of how that works, getting the last few people on the planes and in the skies. there are a couple of different ways it could probably go down. the first would be if the us decides that it needs to unilaterally collapse the security perimeter and get out.

getting it wrong here ron is a cnbc senior analyst and commentator as well as a senior advisor to schroeder'sca. ron, what todo you say is the fed's talk of tapering premature given the signs that the economy is maybe slowing a bit, that inflation is in fact more transitory or temporary >> i think that final piece is critical if you look at every inflation indicator that is market based, whether inflation break evens, price of lumber, copper, oil, industrial metals, iron ore china, these prices are in a barrel market or completely collapsed. we are seeing a rollover in the future inflation pressures which would imply it is indeed transitory and because of the emergence of the delta variant the economy is slowing down with credit card purchases down, movie attendance going back and the willingness of people to attend theaters according to the latest survey has dropped considerably as well when you put this together, it seems that allof the taper tal we are getting from everyone but jay powell is potentially premature. nothi not that i am in favor of doing this forever, but we are waiting on fi

i hired one of the best people possible one of the readers glenna schroeder line to to do that and but it is so great to use the electronic version to word search. so you've read something and you go. hey, where was that thing about slavery to the naked eye and you can just put in those words and it'll pop up in the ebook. so i found it's worth having both needless to say a great christmas gift. christmas is coming right up. thank you, joe. that's just trying to help just trying to help mark depew as always. thank you for a wonderful job of moderating the discussion and mark floto the author of an editor of well, actually the civil war soldiers wrote the letters, but you edited all together put it into context in their letters in their words, illinois civil war soldiers ride home. thank you for the presentation.

glenna schroeder line to do that, but it is so great to use the electronic version to word search. so you've read something and you go, hey, where was that thing about slavery to the naked eye? and you can just put in those words and it will pop up in the e book. so i found it's worth having both. >> needless to say, a great christmas gift. >> yes, christmas is coming right up. thank you, joe. >> just trying to help. just trying to help. mark depue, thank you for a wonderful job of moderating the discussion and mark flotow the author and editor of -- well, actually the civil war soldiers wrote the letters, but you educated it all together, put it into context "in their letters, in their words, illinois civil war soldiers write home." thank you for the presentation today. a wonderful discussion. >> next historian michael shaffer looks at the life of thomas wallace colley who served in the confederate first virginia calvary during the civil war. using journal entries and letters mr. shaffer discusses the trooper's experiences at key battles such as bull ran and antietam a

because earlier in the week, we have seen calls from the likes of goldman sachs, bank of america, schroederestment as well, that they really like emerging-market stocks because of the cheap valuations. why do you think the s&p 500 will still be the winner here? >> certainly valuations make the s&p look a little bit rich compared to emerging markets but it has been that way for quite a long time. if you look over the past couple of years, the outperformance of the s&p 500 is nothing new and then you look at some of the factors which drive it and that make more understandable. american companies have managed to adapt themselves extremely well to the pandemic situation. they have shown the ability to continue to make very big profits even in a difficult situation. you also have a position of the way america addressed the vaccination drive. they are ahead of many countries and have managed to get a big part of their population back and moving around even as many smaller countries are still struggling to contain the virus. it may well be that the united states is giving people booster jabs even

let's talk now to jonathan schroeder who is an analyst who been in afghanistan for the us and the yearsterms of what has happened over the last two or three hours? it happened over the last two or three hours? , . ., �* ~ hours? it is terrific. i don't think there is any _ hours? it is terrific. i don't think there is any question _ hours? it is terrific. i don't think there is any question about - hours? it is terrific. i don't think there is any question about it. if you have seen the videos, i'm sure you've seen some of them, they are available on social media of the bodies on the streets, outside the airport —— it is horrific. 0f bodies on the streets, outside the airport —— it is horrific. of the being will barrelled to the hospital, it is atrocious to see. especially given that there were warnings that isis wanted to carry out this type of attack against these targets. d0 out this type of attack against these targets.— out this type of attack against these taraets. ,., , ., ~ these targets. do you think there was anything _ these targets. do you think there was anything that _ the

i will vote for schroeder and goodman, two jews who died in mississippi along with goodman to secure the right to vote. i will vote for all of those who suffered on the edmund pettus bridge on bloody sunday to secure the right to vote. i will do so because also it was signed in ink by a courageous president. it was written in blood. i yield back the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from louisiana is recognized. mr. johnson: madam speaker, i recognize the gentleman from illinois for the purposes of enter another unanimous consent request. for a series of requests. mr. davis: madam speaker, i'd like to scn unanimous consent -- unanimous consent to -- ask unanimous consent to enter into the record an analysis of how h.r. 4 would left leftist extremists control the nation's entire elections, the lawyers democracy fund, h.r. 4 analysis, real clear politics article, jim crow 2.0 is imaginary, a letter opposing h.r. 4 from independent women's forum and others, the heritage analysis, another bill in congress to give pa