. -- romaine bostick, and taylor riggs.ne: live from a bloomberg world headquarters, this is bloomberg markets, the close. sonali: i'm sonali basak i'm a off today. romaine: looking at your screen you are seeing a market moving a little lower on some anxieties over what the current diplomatic status is between russia, ukraine, and the rest of the world. the s&p 500 is moving lower as we speak. a pretty big weakening in the ruble versus the dollar. you are seeing a lot of defense contractors including lockheed martin, nor

this is bloomberg markets: the close with caroline hyde, romaine bostick and taylor riggs. >> 2:00 p.m york, 7:00 p.m. in london and we are live. i'm caroline hyde. >> i'm romaine bostick. >> i'm taylor riggs. >> jaw-dropping jobs report, coming in strong despite expectations. rates lifting up in march all but assured. reasons for the rally. taylor is tracking. we have you covered. we cut up with the director of the national economic council on blowout jobs numbers and how he feels about wage inflation but it is an unequal recovery. black unemployment double that of white. we break down the jobs data.

taylor: i am taylor riggs. caroline: russian sanctions causing stocks to drop. th global impact from the political to the economic. taylor is on treasury yields, i am on crypto, and we have you covered. the sweeping sanctions shake russia's financial system and ripple worldwide. the bank of russia acting quickly to shield the nation's economy, doubling key interest rates and adding capital control. we analyze the stress in global markets. would bring you reactions from wall street and washington. jp morgan ceo jamie dimon joining us next for an iv

romaine bostick and taylor riggs with some breaking news. we have a new head of the boston fed.t susan collins is going to be president as of july 1. we saw eric rosengren retire from the fed in september. romaine: susan collins will be the first black woman to head a fed bank. tell us who susan collins is. >> she's a

taylor: i am taylor riggs. caroline: investors are back on edge. st eco-data with romaine and taylor is on the haven trade. we have you covered. ev efforts are being revved up in the u.s. by nissan, with two new battery electric models come alive in mississippi. order up because restaurants are facing the heat made omicron with labor shortages and rising food costs. the perspective from the red lobster ceo as she leads the

taylor: i am taylor riggs.believe i see caroline out in the pastors of boise, idaho. caroline: the micron r&d headquarters. i am here in boise, idaho. we are keeping the fires burning. the key

taylor: i'm taylor riggs. let's look at have markets performed on the date. it was another red day. we're holding onto those 4200 levels, but it doesn't look good from some of the technical aspects. even though you do have yields continue to rise as the federal reserve really may be behind the curve here, what the market is telling us. brent crude is a little bit lower, but almost 99 earlier. all of this geopolitical tensions is still very much in place. that highlights the uncertainty coming out of russia and ukraine. you switch up the board, it is again further into correction territory. we were now down 10% from some of the recent highs we've had. that number has now continued to 12% from that january 3 peak. what did you miss starts now. ♪ caroline: and -- i'm caroline hyde. retailers, the group hitting their lowest level in almost a year, companies getting a hit, all of our points with russia ukraine tensions, inflation. you also have the lingering supply chain challenges, consumer sentiment sinking, and the index fall into a five-month well. romaine, it's interesting that tjx,

taylor: i'm taylor riggs. let's look at how markets performed on the day. we are ending the day relatively calmly. up .4% on the s&p. unsure day on big tech. it hides all of the intraday positive and negative territories we had throughout the day. it was not within the bond markets. yields are rising as we are refocused on the short end of the yield curve and how the federal reserve responds to what is a flat -- a flatter and flatter yield curve. what is interesting is if you change the boards, markets are pricing in a lot of rate hikes. 165 basis points, that almost gets you up to seven hikes this year. that is what goldman sachs is expecting. the markets looking at pricing that in as well. that was the markets wrap. "what'd you miss?" starts now. caroline: welcome to triple take. we are going to be dissecting the world of the winners and losers of hedge funds. that is what we are looking for and dissecting for fourth quarter. also, looking forward into q1. how has the volatility of january managed to be weathered by these key players? macro strategies is

taylor: i'm taylor riggs. let's take a look at how markets performed on the day. what is fascinating is we were a lot lower earlier, then the february minutes from the january meeting were released. we are tackling inflation a little bit but not too much, so we are actually a lot less lower than we were as we end the session. price higher, yield lower particularly on the front end.we are not moving at least for now according to the markets so that's a relief. we are seeing every steepening of the yield curve, and the pivot to qt.it all comes down to the strong economic data we continue to get. strong cpi, strong tpi, and look at this. 3.8% on retail sales erase some of the losses we saw in december. we are pushing forward into a strong consumer economy. that was the markets wrap. "what'd you miss?" starts now. caroline: i'm caroline hyde. the surprise, the u.s. consumer spending surging in the start of the year for the most in 10 months. . we saw gains despite that red hot inflation. how sustainable is it and how are consumers turning to debt and credit card bills

right here in idaho, my colleagues commit taylor riggs, romaine bostick and i managed to have a goodth the mayor about how the chip industry is affecting the city's job market. mayor mclean: as has been mentioned, the last 20 years, just as micron has grown and the technology sector has grown as well. romaine: give us a sense for those not familiar with boise, what is the attraction for companies like that? what's the attraction for employees to come there? why are they choosing their versus other hubs? mayor mclean: we have a community that welcomes everyone. micron helps lead the way when it comes to creating an inclusive and diverse community. we have a great landscape with a beautiful, clear river and open space for folks to enjoy. importantly, growing economic opportunity as the tech space continues to grow, whether it be small companies that started in the last 10 years or companies that have grown alongside the city like micron has done in the last 10 years. caroline: i just flew into boise airport and it's great. is it enough when you see more and more people coming here ed t

emily: ashwani gupta, their with our own taylor riggs.ew reports about tesla's suddenly -- teslas suddenly breaking at -- braking at high speed. no crashes have been reported, no comments yet from tesla. coming up, surprising report from walmart. we will tell you why, coming up next. this is bloomberg. ♪ emily: a story that we continue to watch, amazon selling dispute on payment with visa, they had been considering a ban on u.k. issued visa cards but will now accept them across the global network and no longer charge an extra fee to customers in singapore and australia who use visa cards. surprises today from walmart, posting better than expected quarterly profits and up sales forecast for the current fiscal year. brendan case joins us now with more. what does this tell us about inflation and consumer sentiment? >> the big message coming out of walmart today is that u.s. consumers are hanging in there. no? coping with higher costs. no doubt that comparable sales this year are going to slow down to where they were in the pandemic. that sai