scott shellady too. look at this, i'm so excited. we have both of you. t shelladyty, what's going on with these vaccine makers? >> well, i tell you what, we probably should have a whole other show about that. i don't want to be a conspiracy theorist, but it's hard not to be when you've got so many things like that out there. i think that we're suffering from something called ctsd, covid traumatic stress syndrome, right? i think that you're starting to see a little bit of pushback on anything that's got anything to do with covid no matter how good or bad for you. i don't want to say there's something else there, but everybody that i know it seems like has come down with covid, a lot of them vaccinated, and a lot of people are getting siccef seeing these breakthrough cases. i think that there's going to be some sort of pushback. i call it, like i said, ctsd, and we're all affected. lauren lauren are i have it, i admit. i'm lauren simonetti, i have ctsd when it comes to covid. [laughter] scott bowman, is 2022 finally going to be the year that the market can

say well, today is not the day to buy the airlines. >> i don't know if that's for me or shellady. >> which scott? liz: i'm sorry. >> there's always going to be another opportunity. liz: okay, shellady. >> you know what i think? i think the extremes of opportunity like scott bauer just said and we're going to get a lot more of them and you have to be ready because this mentality that we're in reminds me of march of 2020, remember? when the nba shutdown, and every other league decided to shutdown because it was easier to go with the crowd, be a bunch of them and make the same decision as everybody else instead of standing alone and making an informed, intelligent decision, and look at the opportunity that 2020 last year beginning of march would have afforded you. so look at these things as a positive, take your shots when you've got them, don't over extend like scott bauer said but this is screaming opportunity to me when you have the skiddish ness of the market we have now. liz: skiddish is the word, whip saw, you name it, we've got it right now, the great scotts, bauer and shellady, check the do

scott fullman, scott shellady, thank you both very much and we're seeing a rocking day down is up 532 points at the moment. we do have breaking news the ukrainian presidential office is saying at this hour, it is grateful to president biden for his unwavering support in trying to "pressure russia's vladimir putin" to deescalate military pressure in the region. moments ago national security advisor jake sullivan said that the united states will respond with economic measures, not military, economic measures, if russia does attempt to invade ukraine. he made the remarks at the white house press briefing which is still underway at this moment, adding that the president will speak with the ukrainian president on thursday. now, president biden held the virtual meeting with putin in the sit room, the situation room, the two discussed multiple topics but top of the list, yes, russia's pronounced build up of military forces with its border at ukraine. for months satellite photos show what appear to be 100,000 plus russian troops on on the ukrainian border and yesterday the biden administratio

i want to bring in the cow guy, scott shellady. always great to see you.ory is production in the united states. it has fallen off, that is why gas prices are higher. i'm thinking about the build back better bill which had so many green energy provisions in it. then of course you have the progressive democrats saying if we don't get that bill, president biden, you need to start using executive orders to essentially regulate energy as if he hasn't already done enough. i'm thinking this whole country could look like california where gas prices in some places are seven bucks, scott? >> well, that is the inherent problem, if you don't understand economics. you try to force issues like this. it just doesn't work. the move from say fossil fuel and, we're not moving away from it by the way, we think we are, i got done listening to jeff's story, i said what will fill in for all the fossil fuel going away? jackie: i don't know. they don't have it. they don't have anything to fill in with it yet. so they want to lay off workers in the oil fields to give them these gr

really great friend, been with the show so many years, scott shellady is with us. elloff in sight? >> well, you talk about the beginning of the end, if we're talking about omicron or the end of something else? i think we will have selloffs but the problem, jpmorgan is not the problem. the reason jpmorgan is saying what they're saying there is no other alternative. you did the bond yield before we came on [inaudible] so i think what the bonds are telling me, remember, ashley the bond market is a lot bigger than the equity market, there will be either a hiccup with the economy or a hiccup with the fed but it isn't going to work out everybody thinks it is going to work out. now we all know that the fed has a afghanistan decision on their hands. they need to get out, we just don't know how. so that is the problem. either they raise rates to curtail inflation but kill the economy or let inflation run and kill the consumer. they don't have an easy decision to make. i think the bond market is telling us, to go back a year before we started this. we were beauian that the ec

as well so let's go" to our floor show traders watching all the movement right now, we've got scott shellady and teddy weisberg. scott, credit card rates, mortgage rates all affected. what market moves are you seeing in the wake of powell's last news conference of the year. what do you anticipate? >> well i'm a little bit different than the panel. i think that the 10 year yield at least the yield curve is telling me that it's expecting a policy mistake or we're not going to be able to raise rates like everybody thinks we're going to, so watch the fed try to raise rates and i don't think , powell says the economy is doing really really well. i would argue i don't think the last jobs number was very good. we missed it by 60%, look at the two that we just discussed, and the retail sales. yeah, there's an excuse for everybody. maybe we shopped earlier in the year, but still that was a bad miss from expectations, so i say this. that yield and that 10 year, which is affecting everything else that you just said, liz, is slow to sell-off because i think there's folks out there that think he cannot r

scott shellady is with me. cron as it is call is not that bad. yes, it is transmissible but not severe. do you think that is the reason we got this nice bounceback? >> i think that is most of the reason of the bounceback, some parts of the region going unspoken, maybe the u.s. economy will not be able to handle a fast taper and quick interest rate rises but might slowly but surely walk that back, and we might see more continued to see more free money. that is a little bit to do it. look how bad the jobs number was on friday. we stopped talking about. i don't i think other people have. largely omicron will not be as bad as the fear porn mongers said it would be and i also think with the economy not doing as well as folks think. goldman sachs downgraded their gdp for next year. we have real challenges. if you get the tax hikes through. what will the world look like next spring? i don't think it will look as good as today. that's for sure. stuart: i think you're right on that one. saudi aramco warning that social d

. ♪ stuart: i want to bring in scott shellady right from the get-go. >> this is what happens when you put government in charge of keeping you safe. they come in with a hammer. it's overwhelming. they don't know what to do. they make this mistake all the time. it's a very blunt edged sword when you put the government in charge of these type of things. trying to do it with the best intentions to keep you safe most of the time. 191 when the government wanted to keep japanese-americans safe from any backlash from pearl harbor. we interred them. at the time they were trying to keep them safe. that was the government's heavy hammer. now you look back, you think it is ridiculous. i got friends who are teaching. when children color in coloring books nowadays they put masks on the kids in the coloring book, they don't feel comfortable unless the kid has a mask on. think about the economic and social, psychological damage we're doing to a whole generation of children because of these mandates. i think this is the problem. it is they're trying to do something to

. ♪ stuart: that man, right-hand side of the screen is the famous, some would say infamous scott shellady the states over covid? >> well, it's because one hand thinks we're united nations one hand thinks we're indoctrination. okay? masks, mandates, everything you just mentioned, stuart, ultimately one-half the country thinks that a virtue signal they care about your health more than you do. when it is raining, my umbrella doesn't work either. all these type of things trying to keep the mask on you to lose your identity. they want to keep you oppressed, subverted because you don't have an identity, you're easy to control. i think it is pretty obvious. they also, i come from a common sense background, stuart. have you noticed in their world, right, bad news about the virus is automatically out of the box it is fact. good news about the virus is fake news. we can't believe that. we can't believe anything good. they don't want to have anything be good. about these masks, i was thinking about coming on before i came on today, about 25 years ago, you know exchanges around the world, chicago boa