that's the worst of almost all staples.that same chart you can draw the lines another way, and you'll see it here, it has all look and feel of an important bottoming out. you can call it a cup and handle but it's a reversal formation, and so i think one wants to be long clorox as one wants to be lighter or short hormel. >> mike, what do you make of this? >> well, you know, again, just talking about fundamentals a little bit here, the interesting thing about clorox is that, you know, this is -- their product is a commodity, so bleach, granted it's name brand, this also not a real area of growth, this also accompanied this trading around 24 times earnings, again, when you think that the s&p is trading 21 times, do i want to own a company that's trading 24 and not growing? it's a little hard for me to get behind it fundamentally. but perhaps brian's got a way to play it with options that takes care of that risk. >> brian, what do you make of this one? >> yeah, i mean, the p is a little bit higher so the valuation is tough but

and coke consumer famous staple of all. is on the ropes, you can see that on the next chart, trading in relation to the up trend line in effect since the financial crisis low we're toying with the prospects of breaking trend, you can see we also tried to break out and failed, i think we're going to break to the downside. unhappy fundamentals this week, earnings were light. final chart, take a look at relative performance here. this is, again, having outperformed the market to such an extent, but relative to its peers, the xlp, to proctor and clorox, and coke and pepsi, and colgate, we are now breaking trend, but relative performance actually peaks some five, six years ago, so hormel, hrl, if you own it, take measures, sell some. >> mike, what's the trade on hormel? >> yeah, so carter was just sort of hitting on it, i mean, you know, fundamentals aren't necessarily a reason to affect a trade one way or another. we do like it when the fundamentals align with our trading thesis, i think he pointed out, when they announced earn

to decrease. >> any thoughts about staples? an important watch as dom points out, because the relationship between discretionary and staples is one that if it were to start to break down, it would show a sign of risk-off in the markets. so i do think it's important. >> all right. coming up, "final trad" re eshe on "halftime." stick with us, it's going to be interesting. >>> welcome back. we're less than a week away from kr cnbc's summit featuring a lineup of top investors and business leaders. and it's not too late to register. scan the qr code or go to cnbcevents.com. fooip "final trades" is coming up. stay with us. ♪ (upbeat music) ♪ ( ♪♪ ) ( ♪♪ ) ( ♪♪ ) -awww. -awww. -awww. -nope. ( ♪♪ ) constant contact delivers the marketing tools your small business needs to keep up, excel, and grow. constant contact. helping the small stand tall. power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools and paper trading to help sharpen your skills, you can stay on top of the m

staples back in style. share the best staples to buy right now.any of those same companies which had unlimited pricing power had unlimited poundings to the downside. look how ugly and painful that is. maybe the market is headed into the dreaded zone summed up by martha and van dells, nowhere to run, nowhere to hide. laffer-tengler ceo chief investment officer nancy tengler. nancy, what happened to the staples? >> yeah, charles, i think the same group that told you that you shouldn't add risk back into your portfolio last fall or even beginning of 2023 were the ones that were driving investors into a more conservative they believed asset class and you know, we've been underweight the group for a year. we do own some, we like some. best performing name in our portfolio from a staples standpoint is walmart but you look at proctor & gamble which we also own. it's done nothing. costco has modestly outperformed, another one of our holdings and pepsi is up 1 1/2%. these are names you want to position yourself in for the next stage of this bull market but

>> obviously, an entirely different consumer staple, very specific and dedicated business. but let's go right to the charts. my thinking is you want to be long clorox. first a relative chart. you see that spike in, what, 2020. clorox performance relative to other tastaples surges because covid, and ever since then it has collapsed. the bottom chart has all the look of a bearish to bullish reversal, but now let's look at clx itself. we know it drops 50 % from its peak. that's the worst of almost all staples. yet that same chart you can draw the lines another way. and you'll see it here, it has all the look and feel of a important bottoming out. you can call it a cup and handle, but it's what a reversal formation looks like. everyone wants to be long clorox just as everyone wants to be lighter or short hormel. >> mike, what do you make of this? >> just talking about fundamentals here, the interesting thing about clorox is this is -- their product is a commodity. so bleach. granted it's name brand. this also not a real area of growth. this also accompanied this trade around 24

main steel of the structure of buildings, which are strong and resistant to impact and wear by using staples , would have been one of you if it were not for manganese. he says tell a story because the entry of the staple inside this metal bar and beam from corrosion, according to his wife , the same functional role of manganese in various industries has caused this strategic metal to double its price in the international markets, in the foreign market , approximately according to aya burton. sony is $4, but it doesn't hurt to buy and sell million tomans, the presence of internal capacities, the industry's activists say that the path of manganese production in the country is not smooth, the capacity of the mines is high, we have energy , there is a mine, there is a mine, there is one in mazar-e-mahsti, because they do not allow you to breathe, that the producer in the market, when the currency decreases, well, why import it from the mine. our imports are definitely around one million tomans. well, this is more than 50,000 tomans per three figures. in this situation, more than 80% of the domes

. >>> finally, a look back two for one deal on recent consumer staples plays in hormel and kroger, explainhe best way to cash in our coupons on both. >>> i'm melissa lee, this is "options action," on the desk, mike koe, carter worth and brian stutland. >>> as the markets close out, financial sector has been trailing further behind. carter thinks that's indicative of a larger theme at work here. carter? >> interesting, of course, jp morgan has been the best but still the bkx august struggling. they're making all-time relative highs to the bkx and kre, on absolute basis they look lob rolling over. sticking with morgan stanley. first thing to note, it's quite remarkable. morgan stanley is the same police it was in september of 2000. so, now, if you have a stock that's gone sideways for 23 years, that means adjusted for inflation, you've lost about half your money. 23-experience year, year over year, lose 2.5%. that's pretty unhappy. zeroing in closer, this is the trend line in effect since the covid low. we have converging trend lines, one could say your arrow is wrong, carter, it's going to

finally, a look back two for one deal on our recent consumer staples plays in hormel and kroger. best way to cash in coupons on both. i'm melissa lee. this is "options action" live. on the desk, mike khouw, carter worth, and brian stutland. as rates close out a losing week, the financial sector trailing further behind. carter think that's indicative of a larger theme. carter? >> regional banks have been the worst. j.p. morgan has been the best. but bkx index and larger banks all struggling. brokers, they're making all-time relative highs to the bkx the the kre. on an absolute basis they look to be rolling over. let's look at a chart or two. we're going to stick with morgan stanley. the first thing to note is it's essentially the same price it was in 2000. if you have a stock that's gone sideways for 20 years, that means adjusted for inflation you've lost about half your money. every year you lose about 2.5%. that's pretty unhappy. let's zero in closer. this is the trend line in effect since the covid low. we have converging trend lines. one could say your era was wrong, carter, i

so i'm tele, bonnie: from the attorney blair and staples, i would change. i asked her if that was an accurate characterization. the syria is an extreme economic difficulty. you know, the syrian pound has hit start close throughout the summer, promising to illness $15000.00 to the dollar on the black hook it. so it's of depreciated 3 fold since it's valued late last year. inflation is served, search prices of goods and services are out of control. public services are competing, or almost nonexistent in some places. are the additional price around the $20.00 nice as low as 5 gallons of gulf coast, nearly a full month's salary for an average civil service? you know, we're seeing people carrying backpacks full of cost because of the devalue ation of the syrian economy. and then on top of all of this, around 2 weeks ago, the steering president saw the scale, in fact, the countries very expensive fuel and gasoline subsidy program. he will so at the same time did double major public sector wages and pension. but it's a very visual sort of course on the bill. and i

awesome, coming up. mays is a staple food in kind of a climate change a is bringing drought shows make the growing season. and also leaving the prop roxanne in the much concrete as her new varieties can say the farm is this office can you launch is the biggest full meals program in all of africa starting and i wrote it once to provide daily lunches for 4000000000 primary school children the hello i'm christine will do i it's good to have your company. and now the african leda toppled by the army. whose turn would it be next? the full of the bones, lita, ali bungle, has wrestled the continents autocrats and democrats like camera room and one to both made hiring changes to the top military within hours of the crew in liberal and they have good reason to be nervous since world war 245 of the continents 54 countries have suffered, attempted clues, and ministries. hey clovis, on the rise again. now, i'll be asking an expert what's driving this crew contagion. the 1st, here's a look at events in gabon cube, and in scenes from the street since a cabin, a capital after nearly 56 years from the

a buying opportunity with staples. there are certain sectors which are more attractive now we're in the higher for longer environment? >> i do think so. i think it is important to diversify your portfolio. there is a case for bonds in the higher for longer. in the case of the energy price volatility and we think it will be with us for a while with supplies being tight and the energy sector trading at a steeper discount. in the higher for longer environment, you want to unload duration as a hedge. i think the energy sector could be a good hedge for the portfolio when you have other risks in the portfolio which are exposed to high growth and high duration. >> jay, coming back to you. jay made it clear that the outlook for cuts has changed. do you still believe you will see cuts for next year? >> i think we will see cuts next year. the one thing i was concerned about is the need to cut so soon. that would throw off his narrative that they have been getting this soft landing. something changed and we have to cut rates quic

a staple has doubled. 8. well could say that a quarter of canyon children are living with stunted growth due to mom attrition. but even some of those being given food at school are still going hungry. oh, it's been very difficult because some children only eat a portion of their food and take the rest home. well, because i don't have any food there. so it's important because i'm only concentrating costs if you eat well there's, i haven't eaten con line, they sleep in class and you know, i level class now parents only have to chip in for us cents per me or the government has allocated $36000000.00 us dollars for the program, and that is likely to have enough schools expect a sharp increase in student enrolled. right now we have uh around $4700.00. therefore, we expect even vin number can also double. and you can see the frustrated that we have, maybe the government can look at it. that's getting hot by local facilities that many schools already have more children than they can cope with. but the government has

element manganese was not yours maybe i can say, one of me, one of you, because the entry of the stapleide this rebar and beam is made of metal materials , there is a lot of corrosion due to its unique characteristics . this is the functional role of manganese in various industries , which has led to this strategic metal in the world markets, the price of bicycles in the foreign market. approximately according to whether the best sony is 4 dollars, but 35-40% above 10 million tomans is not in you , it can be bought and sold in a blink of an eye, when it breaks, it will cost you 50-60 million tomans, despite the internal capacities of the industry activists, they say that the path of manganese production in the country it is not smooth, we also have a high capacity of energy mines we have a mine, there is one in mazar mahsti, because they don't allow you to breathe. the producer in the market, when the currency is low, it's good to import to extract from the mine . our import is definitely around one million tomans, so this is too much for me. this figure maybe, for example, if it is 50

and number two, consumer staples.thers have warned, would they lose pricing powers and be -- they're down 3% so far in the second half of this year, so would either of those home builder staples attract you here? >> i think it's about interest rates there. i think there'ser in-term rates that are higher. staples offer defense, they're not as expensive as they used to be. there are pockets that could lose pricing power. there's other areas of staples that are attractive. you know, the consolation brands and things oh of that nature that have sustainable demand that offer defense. >> all right. maybe we'll give it 30 days and check back in. >> thanks for having me. >>> still ahead, softbank's chip design firm arm is seeking up to a $52 billion valuation. will it breathe new life into the ipo market or not? that's next. as check out shares of zoom bucking today's market trend, up 4.5%. got a bullish mention from josh brown last hour. and the company also just said it's introduced new ai ckft ttialy. ba aerhis. you founde

one of the main structures of buildings that are strong and resistant to impact and wear by using stapleso element of manganese in our steel industry, maybe i would say that you would do it, because the entry of staples inside itself, this issue would cause corrosion like a metal in its unique characteristics. the price will double in the foreign market, based on sony's statements 4 dollars, 25% above 10 million tomans, you don't have it, you can buy and sell it, when it breaks down, it will be 50 to 60 million tomans, despite the domestic capacity, the activists of this industry say that the path of manganese production in the country is not smooth, the capacity of the mines is high , we have energy, there is a mine, there is the head of mehsti's grave is because they don't allow the miner to breathe. the producer in the market, when the currency is cheap, it's good for those who import it to extract from the mine . 50 thousand tomans for three very high figures in this situation , more than 80% of domestic demand is dependent on imports, in particular, there is a lot of symmetry for imp

generations of fans have grown up with the staples center. for my younger viewers, that name refers to the staples office supply company. an office is something you used to go to for meetings, which are like very boring in-person emails. oh, emails are long texts with more words. and words are faceless emojiis that remind you you're a relic of the past and the future no longer belongs to you. go cryptos! now, the staples center had so many great sport memories: kobe bryant's 81-point game, the l.a. kings' stanley cup victory, logan paul getting punched in the head. now, the bigwigs over at crypto.com shelled out some long ducats for this one. they paid more than $700 million for the naming rights. $700 million, which i believe converts... to 5 bitcoin. nope, sorry. 50,000. nope, it's changed again. half a bitcoin and three bags of flour. it's a fairly volatile currency. now, here's the thing. there's more vaccine news and it's about more vaccine. the f.d.a. plans to authorize pfizer boosters for all adults this week. [cheers and applause] tha

all the other farmers is important to our country because we need more peanuts for oil, more long staple cotton, more food. so it's up to everyone to make the most of every acre of land and every bushel seed goes into it. saturday afternoon we've this is the day farmers go to town to sell to make mother and father market like to visit with friends. but even so, it's rather early. this must something special today. and. aren't they going to stop where they're going? down to town. what's this all about? what festival so excited. where? no wonder they didn't stop in town. no. one of those young kids excited. it's a visit to big brother who's a cadet with a 1992 squadron. this is something. all right. well, maybe they'll even be a chance to watch him fly. some of. them. i'm a brown way from mighty powers. listen. and so we. but we're also part of the problem. brown power. because he's doing his job. an important raising more lives saving his land and growing more of the things we need and proud of him just for being an american that we can count on at a time. every american has an important

consumer staples keep falling. plus no sign of recession in ticket sales for live events, not just taylor swift or beyonce. we'll talk to the head of the company that puts on monster jam, disney on ice, and the circus about the strong demand for experiences. >> first let's check on the markets. in the past hour we went to fresh session lows with the dow down 150 points but are off that some point. s&p down 11 points today. the nasdaq is back into positive territory by about 5 point. home builders are getting hit hard today as interest rates rise. the xhb home builders etf is down and the ten-year yield at last check was up around 425. shares of united airlines falling sharply midday as the company issued a nationwide ground stop due to computer issues. that stop has now been lifted. >>> it seems to be that the fed has threaded the needle well enough to avoid tightening the u.s. economy into a recession. goldman sachs today cutting its recession expectation. steve liesman joins us now with more. what can you tell us

that's why he's closing le cheval, an oakland staple that's been serving vietnamese food for nearly four decades. some say they fine, fine. i've been fighting, you know, but but no more. right now, tran is looking at moving his restaurant out of oakland. this is my city. i love oakland, you know, and i cannot live anywhere but i cannot do business in oakland to see and witness businesses like this closed down one by one. really strikes our morale, you know, and feeling that we are on our own. doctor jennifer tran is the president of the oakland vietnamese chamber of commerce. she, along with carl tran, president of chinatown's chamber of commerce, says enough is enough, especially after the city failed to meet the deadline for the state's retail crime grant. we missed the deadline. it is a reality, chan says. it's time to move on and come up with solutions. the priority now is the public safety, so go together. we can make another request. okay. if the city cannot do it, the people together will make the request to our our governor, our state, and even our county and the federal levels t

in general, they work day and night, tens of thousands of staples are sent to the front.an, now i left, took it to the guys, vera, she looks like a girl, she knits staples, she has a main job, she comes to knit. vera is an amazing girl, her husband has been mobilized, she is at the forge, sleeps for 4 hours, and now she has also learned to forge herself, she saw that there is such a vaidim gavriilovich who helps the svo participants. and in general, to all the guys who are there now, i just decided to help, i came to visit, but it all started with something easy to clean up somewhere, tie staples there, and the fact that she took a hammer, well, it was a pure coincidence, sergei, almost everyone day rides 100 km from home to the forge and back, i left early in the morning, now in the evening until about 6, maybe until 63 i ’ll be here, just like that, yes, i’m still bringing my money, that is... well buy circles, electrodes, so there guys, we're throwing in the towel, they say everything is fine, but they only ask their landlords or not to interfere, otherwise because of

staple foods interest rates.ce, spaghetti, baked beans and tea bags can cost more than three times their usual price. if budget versions are not available. consumer group which. found examples such as a large bag of asda's own brand rice, which is usually priced at about £1.80. but if no own brand was available, the ben's original version could cost almost £5. the cheaper options are often unavailable to shoppers who rely on local convenience shops, which is calling on supermarket skits to ensure they stock their value ranges across all of their locations . as the return of locations. as the return of summer weather last month helped retail sales recover, though there was a drop in the demand for fuel. figures from the office for national statistics show retail sales grew by nought point 4. it said stronger interest in clothes shopping drove the increase, but fuel sales were 1.2% lower due to rising global prices. it comes after july's wet weather was blamed for people skipping their summer wardrobe shopping . no

. >> consumer staples. there is some brand power and pricing power within the staples segment. >> bill, it looks like we're revisiting one of your moves. >> adobe, this is where we plant the seeds and we're trading a $500 shelf here and this will be a name in the thick of the ai and they're a very high quality company. >> joe, you have the last word. >> in energy there is clearly a supply to demand imbalance, not in the oil, but in the refined products. philips 66 psx trades at a ridiculous six times earnings and that's the trade going forward. i would be long. >> that will do it for halftime. we have "the exchange" starting right now. thanks for watching. >>> thank you very much, frank. welcome to "the exchange." i'm kelly evans and here's what's ahead as we kick off the week. a government shutdown looking more and more likely, but will it actually help reduce the budget deficit. we have the latest from washington and why it so far hasn't been bad news for the market and the market guest agrees and last fa

and i look at health care and staples, and they have had a rough run. you're at the bottom of especi essentially one-year range on staples. i think it's a pretty interesting time for a lot of companies, whether it's a hershey's or general mills where they rerated to the upside during covid if places they didn't belong and the market punished them as they should. those are opportunities here into the fourth quarter and i think last year. >> grasso, can you be bullish if you think the consumer is having trouble ahead of the holiday season? all the shopping typically done in the fourth the quarter, including halloween and thanksgiving, et cetera. if the consume a's paying higher gas prices, higher heating prices for their home, higher prices at the grocery store -- you name it. higher prices all around. can you still feel good about the markets? >> well, yes, up until you went off on that litany. but it's a -- when i look at the consumer, you can't have it both ways. we've talked about that the consumer is becoming more and more trapped, yet the economy is

, the staples, there is only a moment, as they say, hold on to it, and how it’s always good, no mattersergeevna, listen, the zipline was less extreme in my opinion than this whole expedition of ours, how did you do it, chick, chick, come on. come on, come on, come on, with both hands, it’s much easier, of course, that’s it, that ’s it, come on, lord, when this extreme is all over, that’s it, we’ve done it. well, i have about the same emotions, only they are already deep inside, there is another flight ahead, again the height 150 m and 45 seconds of happiness. you know, after your extreme park, you can safely issue a diploma as a professional extreme sports enthusiast or mountaineer, zhenya, it was time to go to the base. we are in odegeya near the village of khodzhok , also known as kamenomossky, adrenaline is still boiling in the blood. we are now riding on such a monster, it is a swamp vehicle. this is of course an atv as you can get. i can probably understand, but this is just a monster, this is god, this is an atv at maximum speed, this is a good expression, an atv at maximum speed

let's say it over to malawi, to find out more about a growing delicacy evolving out of a low cost staple. go tweets. going up with my mother. i will tell you definitely we should do it. you go because it was a spell every time it's all. no, it smells. oh no, it smells. he's the only one i'm yet to convince. i mean he's a but yes, he's a tough one. when i was young, i think it was bad, bad. and i just threw it in myself. let me stay my speak. good to me to say no that comes back shift please. i am hungry is i'm an hour and shift that has made it his mission to change people's appreciation of complete. there's a lot more that we can do is go to manage what is really good. and so i have also been trying to get some small. so some good out there because i know definitely be smoked, almost everything is out there. i don't think i've ever heard of some of the quote go beat is lower and century dispatch and collect strong and high and i and then the african staples of beef, pork and chicken. this makes it the healthy alternative. most of the goal of experience is either then you're much warmer,

let's say it over to malawi, to find out more about a growing delicacy evolving out of a low cost staple. go tweets. going up with my mother. i will tell you definitely should are equal because they smell every time it's phone. oh it smells, oh no, it smells jesus. the only one i me have to convince. i mean he's but yes, he's a tough one. when i was young, i think it was bad, very bad. and i just do it myself. this time i think good to me to say, you know, that comes back and shift please. i am hungry as i'm an hour and shift that has made it his mission to change people's appreciation of complete. there's a lot more that we can do is go to manage what is we already? and so i've also been trying to get some smoke, smoke goat out there because i know definitely be smoked. almost everything is out there. i don't think i've ever heard of some of the quote go beat as low as century defense and cultural and high and i and then the african staples of beef pork and chicken. this makes it healthy alternative. most of the goal of experience is either when you're much warmer which is embrace or ge

quote go, bleat is low and saturated fats and collect strong and high and i and then the african staples of beef, pork and chicken. this makes it the healthy alternative. most of the core of experience is either the much warmer which is a bright or given vehicle it's true. and then the goods to you read, you find people asked me experimenting it. it's normally just as you make a new, i know most true, christine is devoted so on your tomatoes, low season and unit in the 1st in the spells it kind of gets sore throat can easily. and if it's something that gets hard, so it's like using rubber. so it just always defensive. so this is my pre provision for my goal k. so usually what i do, i would go to the market, select a volt, haven't killed, we have to market good. similar, we are usually left to forage. returning home in the evenings for water, which means they're better for the environment and more sustainable in terms of farming than most capital redrum meet after we can get it. basically like with some the goal k, i drive up there with some pretty good of simpler a. normally the spaces y

consumer staples, just awful again, just day after day, with a terrible look in the consumer staple sectorse leadership group, it's commodities. free port, any oil stocks, devon, halliburton, all pushing forward here. the laggards, a little in the tech group. broadcom, tesla has had a great week. amazon and alphabet, weak a little bit. media, julia has been talking about this tiff between disney and charter all day. that's a new low for disney. warner, paramount and our parent comcast, all terrible performers today. speaking of terrible. consumer staples, how many days in a row are we going down on these stocks? these are essentially new lows. general mills new low every single day this month practically. that's rather shocking to see these big names just sort of down every single day here. so the story about september is it's going to be threading the goldilocks needle. remember, goldilocks is just in the middle. so you can fail if it's too strong or too weak. so far, goldilocks has been winning, but people keep messaging, boy, it's been a last september. the last few years, awful septembe

consumer staples is something i own anyway, right? right now i'm adding to that.to that and add to some other sectors. depending on the names you want. utilities, nexterra, is a great name to own. it was underperforming. there is a great opportunity t was down 20% year-to-date. that is a name you can buy and hold longer term. charles: i like nexterra. it was florida power and light. they made a ton of money under obama's solar agenda, one of the best performers in those eight years. i think it will come back. real quick, 30 seconds these staples. everyone piled into them three, four months ago. talking about pricing power. all of sudden they fell apart. there is limit you can charge people for fruit loops. you have a limit. >> i agree. i think what happens a lot of people pile into them. everyone was comfort okay, everything was okay, market was okay, went back into tech again to take off. now i think the market really believes this time jay's right. rates will stay higher for longer. we'll have a little bit of trouble. i think you will see money move back into th

almost good was also said the russian, p staples and nicole in a time of active help to evacuate some more than 2000 civilians, including children from the most dangerous areas or about curious have been provided with medical treatment supplies on temporary shelter. we're also receiving footage that shows us upon a code of post filling up with people trying to leave the territory. the about 2 weeks have come from different locations around the region. according to reports. russian president vladimir putin, it'll say, commented on the situation and turn it back, saying rushes peacekeeping mission is working closely with all sides trying to de escalate tensions on save civilians. i didn't mention the i will inform you about dispute of the as a by janet care back and as a virginia meeting and settlement are peacekeepers are working very actively with all parties involved for the counseling. do never seem to protect the peaceful population. more than 2000 civilians have already been accommodated at our main base. more than half of them children. we are in very close contact with all parti

the organisation spokesperson said the shipment contains basic staples like wheat.cation of how dire the situation is, none of food or medical supplies in the convoy that we sent today to draw about medical supplies but also dropped body bags, not so pleasant to think about but dignified management of the dead. earlier on saturday, azerbaijani forces showed off weapons captured from ethnic armenian forces. local officials said the terms of a ceasefire were now being implemented, including evacuating the wounded. but later the truce was apparently violated, with an azeri soldier wounded in an exchange of fire. in new york, azerbaijan's foreign minister jeyhun bayramov told the un general assembly that baku was determined to, quote, "reintegrate" karabakh armenians as equal citizens. but his armenian counterpart demanded the un establish a mission in the region to prevent further killings of ethnic armenians.0ur correspondent rayhan demytrie has the latest. it will make the political situation is that they surrender to azerbaijan and send the cease—fire agreement and

if you go and buy rice, a staple of this country, it's double. >> yeah.riday we got inflation expectations that were cooler than we thought. upgraded dash yesterday on moderating food inflation at least. >> i wish i could find it. i just find maybe it is moderating for the other guy the soup mupermarket we go to, can't believe how much everything is up i have a list of things -- i asked my wife, i said, again, i hate anecdotal as we all do. annie's mac and cheese at $5.49. it was up a back and a half. scallions $2.99 a bunch, they were $1.99 almonds -- don't laugh >> your shopping list? >> that was not the takeaway that was not the takeaway, that was my shopping list carl, i've got to tell you, these are going higher, not lower. >> we'll talk about more concerns about the consumer today, big note out of ubs and others first, news out of disney which is holding its investor day today. let's get to julia boorstin. >> big news from disney. doubling down on its parks division the company filing an 8k announcing it is developing plans to accelerate its investm

you beets 10. % jump year-over-year, basic staples average american family needs uses to survive, flour white bread i saw last month i saw again this month white bread up 6% year-over-year, you have unfortunate relates i think what you are going to see going back to, gdp if i can pivot back to that i think you are going to see consumer spending start to drop off this fall, because over summer people were spending but, saving less money, charging longer credit cards, jamie dimon we made point yesterday, he sees credit card bills consumer you got to listen to that >> i don't understand why c even a fight about spending right now if all talking about nation, that is i still an issue, and americans issue feeling it at a grocery store isn't the first line of defense, to slow down the spending stop digging the hole? >> you would think so, yeah. i i mean first thing i learned when i became a member georgia state house of representatives when you are in hole quit digging, we're in a hole we've got to stop diethdz democrats don't seem to understand they think you spend and spend and spend, that

but it is a staple, it does seem to be where folks are going to be able to save money on those staplesd buying much more of than other items. but they said it was appliances 30% over the last quarter, the last two quarters, which is one outlier for that discretionary area that was strong >> down five bucks today, down another eight. is there anything that you see wrong besides the 38 multiple, which is 100% over the market multiple >> not really. oper operationally this is such a good retailer. they just started on the questions with the analysts, but so far, really all the financials look really strong. the analysts are curious and the first question was about the membership fee, can they go even longer without renewing that, because they're pretty much at a little past sort of their average renewal rate that didn't want to renew when inflation was so high and pressurie ing everye and they said, we don't have anything to announce today, but when we do, we will tell you it's a question of not if but when say will saying it will come, but we're not going to announce it today i think deu

and, and i said, you know, you're looking for all the staples there, except one thing, no, fireworks. you're not gonna have any fireworks with the gunpowder you'd expect us to smell. it's all going to be electronic. just going to be a very digital opening ceremony. so we're going to have everything except we're gonna have a flash, but not, not the flash from fireworks. so that's going to be a whole different thing. and of course they're saying it's a green olympics. i don't know how our green agent come, agent gains, i don't know how green it is, but no fireworks and makes it seem greener officially to reduce reduce carbon emissions. i guess i'm it is about the sports and the i was reading an interview with the, with the certainly director who said it's about so not just sort of appreciating the windows but also studies taking part. but it's showing as hosts in particular be very important that they do finish at the top of the metals type of woods and there's, there's no doubt they've, they've won. i think the last 40 years, china's top the table, china topped it in chicago 5 years ag

government desperate efforts of subsidising vegetables like onions and tomatoes and banning exports of staplesike wheat and rice. and that helped the counter to come down in august. but rural inflation was still on the higher side compared urban. it's a continuing trend. also reflected from lower spending and global markets. now, the expectation is that by next month fresh vegetable harvest will bring down prices. but the over all outlook for food prices which accounts for nearly half of the overall inflation basket remains on edge. it depends largely on monsoons which have been skewed and most agricultural regions affecting prices and yields. this coupled with rising oil prices could add to the worries of the government ahead of the state elections later this year in national polls in 202a. high inflation eating into discretionary spending is also making manufacturers a bit cautious ahead of the festive season in asia's third largest economy. remember, it's a second consecutive month when retail inflation are about the upper limits of 6%. and that's why most economists believe interest rates

let's begin to pray to god the father and son of the holy spirit, amen god bless the table came staplesrom the regional center together valuable to the left bank. there is no kipina. it’s amazing that this is why she kept quiet about us, and the history of the settler from the fifteenth century was filed away. so for 1,000,499 years. pinkovich is unraveled to the lands of the monarch franciscan order, the lands of uvokhode, the lupine principality and koil in 1556. jegemon remade other august the headman is on us with a ball from one of the glory of the cart is the literary ethnographic museum and kubakova together with a whole renewed bottle of the bygone school. persha. podshatkova was prompted to procure xixi. hate it. at this school in 1964-196 he lived as a mentor and yakubkolas for 34 years. pink decided that the american vantroness louis had visited him with rumors. well, that's it, let's drink something already, yes, let's do it? my dad bass wear breed lego face oh , i'm blowing my own young give us a step. olya was spoiling the child, and you were preparing the woman’s demand,

martin this is the portrait of thomas staples. martin that used to hang in the capitol.it's now gone, replaced by like a landscape or something. but this is a one of two portraits you'll see tonight that no longer hang in the capitol building. so thomas staples martin is a lawyer from scottsville, who was counsel for the chesapeake and ohio railroad. so he led the second political machine in virginia, which was largely created as a reaction to the mahoney machine. so this is a machine that was created to vanquish the previous machine, and it was all done with railroad money and really important to remember the source of this guy's wealth and power is railroad money. so this was an era of concerns about election integrity. so between 1874 and 1900, no fewer than 20 congressional elections had been officially contested. that led to talk of a constitutional convention to write new rules and progressives were clamoring for election reform, tightening the rules to prevent against what they perceived as voter fraud. so this was kind of coming on the heels of a time when mahone

we picked up elongated handles, metal staples. chic barn closet instead of a warehouse, and a beautiful one at that. it will be not only outside, but also inside. now let's start filling the wardrobe systems titanium eu of russian production. without problems, they are built into the room of any shape and size, the structural elements not only withstand huge weight, but are easily rearranged and interchanged, covering two huge compartments. i think everything fits here. yes, the most important thing is that i will put everything here into categories and into their places, by the way, our heroine has a lot of categories. she has both clothes and things for children and flour of different varieties, and even a terrarium for sourdough dough. and you know, i still like you in this closet. come on let's like it here you are so everything is fine. let me show you. we did not use different types of shelves. we also have chipboard for which it is interesting. you know, they're absolutely solid. but laminated chipboard can withstand a load

the s&p 500 is up 13%, but the consumer staples sector is widening.ne of the reasons why is the sell repre relative attractiveness. it has been more attractive for these guys because of lower treasury yields. as yeeields rise, the luster cos off. 52-week lows with target and dollar general and estee lauder hitting 52-week lows over the last week or so. the outperformers with better execution and pricing power. beer and alcohol up 25% this year. costco is up 22%. church and dwight up 18%. frank, back to you. >> you mentioned pricing power. is that the common peoptheme foe sector? they sell things that people need as opposed to want? >> it is interesting. target and walmart do the same type of thing and moving in opposite directions. this is very much about execution and strategy as well. the valuation we see for the names. keep in mind the dividends for the players out here is the reason why some people overlook those things. maybe not as much of a focus. >> you help with the spending on costumes. >> i purchased candy. i don't dress up. i buy a lot of

um, india buys a lot of lentils from canada, which is a staple source of the protein here in india, and the post at the saves. they've already slowed down, although the government sources have told the media that no foreman orders to the, to this effect has been given. but there's an apprehension that the situation could wesson in, in the next few weeks, apart from that, the 3 below obviously was put on hold. the lead talks about being held between both the countries on a trade, the land, canada announced formally that the talks about of on that trade deal have been put on hold for now. rashid, we see this whole being put on these trade talks right now. india potentially buying fewer lentils from canada as a result of what's going on. is that so bad? we look at the overall trade relations between the 2. can you put this into perspective for us, what the relations are between these 2 countries? well i think of india and canada do have quite extensive trade relations in both goods and services, which amounts to about 15 $1000000000.00 per year in biological trade. so obviously, if some se