. > market trifecta. interest rates rising, oil prices climbing, the dollar is . strengthen investors are trying to figure out what this means for their money. >>> new hopon for milli of americans after the fda approved the first of its kindrug to prevent debilitating headaches. >>> soupy sales.be ca's soup is the latest iconic american brand to struggle in this new economy. those stories and much more tonight on "nightly business report" for this friday, may the th. >>> good evening, everyone. welcome. there's a proverbial cloud over wall street. investors all week were grapplin with geopolitical concerns along with rising interest rates, higher oiles prnd a stronger dollar. today was no e different. rket struggled to move with certainty in either direction. the dow jones industrial average adde one point to 24,715. the nasdaq fell 2 and the s&p 500 was off seven. for the week all of the major dexes were lower. dominic chu takes a look at what's worrying wall street. >> there are a lot of risks to the market rally right now, but we wanted to ask some of the bigge

there are a lot of winners and losers yard it is a trifecta -- losers. it is a trifecta.t could be the top with technical directions and dollar short reversed. is theng to look for individual story. argentina had a great policy response, different from turkey. it is country specific. jonathan: you said a great policy adjustment too bad policy. still have the confidence around those two issues? more crucially for investors, you have exposure to currency bonds is whether the fx volatility can stabilize. do have the confidence it can stabilize? i think now technicals are cleaner. there was a huge amount of positioning. there is less of a credit position. that had become concerning for us. additionally, we have seen repricing in weaker stories. valuations look more attractive. i agree that you need to pick your winners if you want to reengage. there are some markets that will continue to perform well. look for cases that export commodities. commodity prices should remain supportive, have credible institutions and policymakers. external balances are not as vulnerable. merging

it is a trifecta. we are not convinced the dollar rally continues. we think it could be near the top. there are some technical corrections and dollars shorts that have been reversed. one thing to look at when you're talking about problems in the end, argentina, a great policy response, completely different than turkey. great policy response to adjust to a very bad policy division -- decision. i wondering if you have the confidence around those issues. maybe more crucially they have exposure -- exposure to the bonds, do you have the confidence that the fx can stabilize? >> the technicals are cleaner. there was a huge amount of positioning. we saw outflow in the last few weeks so there is less of a crowded position. that is something that had become concerning. we have seen every pricing in some of the weaker stories create valuations look more attractive than the -- where they were. you need to figure winners if you want to reengage so some markets, that will continue to perform well, look for places that export commodities, prices should remain suppo

it is a trifecta, of course. we are not convinced the dollar rally continues.ink it could be near the top. there were some technical corrections in dollar shorts that have been reversed. one thing you have to look at when you are talking about problems in a em, individual stories, argentina. a great policy response, completely different from turkey. it is country specific. jonathan: you said a great policy response to adjust to a bad policy decision. joe: fair point. jonathan: diana, do you still have the confidence around those two issues? and may be crucially for the investors at the moment, that exposure to the local currency bonds is whether the fx volatility can stabilize. do you have the confidence it can stabilize here? diana: i think now technicals are cleaner. there was a huge amount of positioning in local. we have seen outflows in the last few weeks. so there is less of a crowded position. that is something that had become a little bit concerning for us. additionally, we have seen a repricing and some of the weaker stories. valuations look more attra

you mentioned earlier, the trifecta -- iphone, services, share buybacks. the next lily pad or are you looking for something more? gene: we are, and we have a history of getting some of these right and some of them wrong. it is the one other factor here in the story, there is optionality value on other things they can get into. probably the two most obvious is something around wearables. they have made recent acquisitions around glasses. this is one of tim cook's favorite themes, augmented reality. taking that to a level where it adds value to the consumer. i think that is a lot of opportunity for the company. second, there is the piece around content which plays into services. the last real wildcard is around the self driving, autonomous cars, vehicles. they have a project. you can hear more about what they are doing and self driving cars. emily: we are watching this potential trade war with china and apple could particularly be harder than other technology companies given how many smartphones and manufacturers are in china. what is the worst case scenario

it is a trifecta trifectas, and you have to pick the top three horses in any order.de me. it is like 100 million combinations. in november 2001 is where the story opens. the pot has swelled to 100 million hong kong dollars, about 13 million u.s. dollars. one in seven hong kong residents bets on horse races. that is an idea of how intense the people are about the sport. the story begins with bill benter, he bets 51,381 different times based on his algorithm. one of those bets hits. he won the biggest jackpot anyone had ever heard of and never cashed it in. locks the ticket in a safe and walked away. carol: explain that, because of course you pick it up. nick: it was a delicate balance. he is not a greedy guy. venture was extracting money b -- benter was extracting money from the system slowly over the course of the season. if he had won this enormous jackpot -- no one in the public wanted to know an american algorithm had won. jason: doubly insulting. not only an american, but an american computer. nick: when someone wins the jackpot, someone puts them on t.v. here is

this chart talking about a trifecta of concerns for emerging markets., higher interest rates, and the dollar on the rise. how much are you putting emerging markets out of favor as a result of this? valentin: we are talking about four $5 trillion of eliminated -- $4.5 trillion of debt by the emerging markets. caused stronger dollar against the local currency. that is making the pile of debt more expensive. i'm not sure the reaction is to abandon the markets. coupled with stronger oil prices, that is kind of a perfect storm for those guys. i think certainly cautiousness is warranted here. anna: it fixed on and trifecta of concerns. thank you very much. good to get your thoughts. valentin marinov, head of fx research at credit agricole. just over 30 minutes to go until the start of european equity trading. a few stocks that we have got our eyes on. keep an eye on airbus and a number of european exporters. we wait to hear from the chinese delegation on those headlines. what does that do to big european exporters? richemnt in focus -- ont a focus because of

. >>> hawaii's big island remains under a state of emergency this morning, battered by a trifecta of natural disasters. earthquakes, lava flows, and toxic gas emissions. as many as 12 fissures have exploded since the kauea volcano erupted last week. official says the volcanic activity has subsided for now but could resume any time. lava fountains continue to creep into neighborhoods in the puna district, engulfing at least 35 structure, vehicles and everything in its wake. the ongoing efforts have forced nearly 2,000 from their homes. residents allowed only brief visits during valuables to gather their valuables. but some say it's not worth the risk. >> we had to cross cracks in in the pavement and steam shooting up. and it is really foggy and the vegetation all dying. it was depressing. >> so far no deaths or injuries reported. but the island remains on high alert. nbc's miguel almaguer has the latest. >> reporter: peril in paradise. fiery rivers of molten lava grow as hawaii's volcano continues to grow. shooting hundreds of feet into the air and venting toxic gas. more than two doz

residents there are facing a trifecta of natural threats after its most active volcano started erupting on thursday. as many as ten fissures have broken out some spewing lava 200 feet into the air. >> molten rock pouring into the neighborhood slowly with tremendous impact as captured by the video. it is smoldering everything in its path from vehicles to power lines. officials say 26 homes have been destroyed and nearly 2000 residents have been forced to flee from two subdivisions in the puna district. uncertainty of whether they could return home. >> you know, one night it was fine. there were little cracks in the pavement. the next morning, boom, no one had any warning. >> boom, your whole life comes to a screeching halt. just the thought of like losing everything we've worked so hard for. >> more than a thousand earthquakes have rocked the area since last week triggered by the massive magna flows including a 6.9 magnitude quake friday, the strongest to strike in over 40 years. another threat unseen to the eyes but no less dangerous, lethal concentrations of toxic sulfur gas in the air

coordinated effort between james clapper and john brennan and james comey, if that's not a politicized trifecta, i don't know from my politicized trieffect as, and i have a me naj imagine are you of -- i have a menagerie of them in the green room. >> we don't have evidence that the president collude with russia. the best i can do since we have hopes much of this will be concluded by the summer. all i can do as a political forecaster is say we'll have enough information to know how this will affect the mid-terms. kennedy: the deployment of these types of informant is not only possible, it's plausible given the capability of these various organizations, whether it's the nsa, characteristics a or dea to spy on americans. they have the tools. it wouldn't surprise me if there are people who would abuse that power for their own benefit. i hope that's not the case. i hope we live in a country where that kind of power is checked. so far congress keeps codifying it. bottom line and every day of the week young man. coming up. venezuela. the hell hole where a month's salary can't buy a cup of coffee. they

. >> if i'm a betting woman what do i do with the trifecta?o win, if you bet on him you will get $80, 60, enticed 30-1 so use him in your exotic exactness and hope for the best. reaches the kentucky derby team. he is here all weekend. are you betting? what do you think? >> some work to do on it. >> who was looking at that? >> a many pearl moments. rob: enjoy the race, we are very jealous. >> a massive meat recall, what you need to know before firing up the grill. >> wild courthouse escape, handcuffed and made his friends out of the courtroom, flips over a railing and lands on the floor. the insane video you need to see. >> ditty manual macron call the australian first lady delicious? carly shimkus with reaction. wakey! wakey! rise and shine! oh my gosh! how are you? well watch this. i pop that in there. press brew. that's it. so rich. i love it. that's why you should be a keurig man! full-bodied. are you sure you're describing the coffee and not me? full-bodied. every baby can have the freedom to move their way in pampers cruisers with three-w

janice: tell us how the trifecta thing, how am i going to win the most money?k the key is you have to take justify, put him on first hole, on top. underneath, second, third and fourth, you have entice, also audible who looks like he's doing really well. he won the florida derby last time by open and vino roso, mini viola, all the boys from brooklyn and long island him. you put justify in the first hole, use the long shot entice and vino roso and audible. janice: will you stick with me all day long? i am going win some money. you know what, ladies, the weather forecast, a front right on top of louisville but there's the chance of rain but i'm going to make sure that it's sunny skies for the derby. cheryl: i have taken complete notes so tell him thank you for my bet score for tomorrow. janice: love it. gerri: love to see that they are raising money for breast cancer, that's awesome. janice: absolutely, my friend, i know it's near and dear to your heart. gerri: still plenty more ahead. in the nba playoffs lebron james and kevin love pick apart toronto raptors givi

unfortunately, we have the bay area loser trifecta. >> look at the drizzle at the coliseum tonight. the a's take a new -- 2-0 lead in the seventh inning. at all depends on one swing and it's a 2-2 game into the 10th. guillermo with a gap or, dustin fowler juggled for a moment. that allows jean sikora to score all the way from first and the final is mariners 3-2 as it rains. >> you have heard of sibling rivalry, look at brotherly rivalry. that's brandon crawford's sister and her husband facing brandon crawford. he comes to the plate against his brother-in-law, first time at this one. he loops a single into left field. >> no problem there, and not much of a reaction. this game belongs politically to the astros. a three run third opens it up, and he has problems as matt reaches him for an rbi double. and it's on, houston would score 11 rounds. got to see you this, proffered against his brother-in-law again into the aptly named crawford box and left field. >> is the reaction again. coal is -- the giants lost big-time. that is the sporting

the trifecta gala party and attendees of the eve gala were treated to performances by dennis quaid. sure. moving on to the world's biggest movie. "avengers: infinity war." the disney and marvel blo blockbuster smashed another record. the fastest film to reach $1 billion at the global box office. beating the prior holder of "star wars a force awakens." this is the seventh marvel film to reach the $1 billion mark. the movie doesn't hit theaters in china until next week. that should add to it. >>> finally, when you thought knighthood was enough. sir paul mccartney has done it again. the beatles star was awarded a companion of honor by the queen. it took place at buckingham palace where paul mccartney was honored for outstanding achievement in music. ringo star received his knighthood this year. j.k. rowling and dame judy dench have received the same honor in the past. >> paul mccartney raking in the awards. >> she should make him a prince. >>> dylan, thank you. coming up next, the secret mind a margarita mint julep on this cinco de derby day. cinco de derby day. but first this is "toda

. >>> completing the trifecta of trouble, vip shop, it's a china-based online retailer.hares slammed, down 15% now, nearly 16% first quarter earnings missed forecasts. >>> we are following a developing story out of the middle east. the white house is blaming hamas for the death of dozens of palestinians along the gaza border yesterday israeli troops shot dead more than 50 palestinians in gaza as the u.s. opened its embassy in jerusalem. it was the single bloodiest day for palestinians since 2014. let's go to matt bradley live in gaza city. matt >> thanks, brian what we're seeing today is really recovery from yesterday it was more than 56 people who were killed. thousands were injured one of those dead was an 8-month-old girl who died from suffocation due to the tear gas fired by israeli troops on the other side of that border. what i saw was tens of thousands of mostly young palestinians trying to cross over the border, really with very few weapons or light weapons. mostly sling shots, burning tires. they were met with israeli sniper fire and later on artillery shells no

. >>> well, a trifecta of fears weighing on the markets at this hour. the dow flirting with session lows. we're down 237 and change right now. a lot of news coming in for the markets to digest. you had april retail sales, that showed accelerating consumer spending, but that raises concerns about the issue of inflation and the fed. then you have the uncertainty surrounding china, the trade negotiations between mnuchin and the chinese. nafta, where do we stand on that? and, of course, the rising 10-year treasury yield have investors ringing alarm bells, almost at a seven-year high, that's got people nervous. look at the intra-day chart. stocks tumbled when the 10-year yield hit the highest level in 7 years. the 3% level a concern since the beginning of the year. is this jitters short term? is the winning streak over for the dow? get to the floor show and find out what they're thinking, traders at the new york stock exchange, the cme group and let me go to you john corpina at the nyse. the 10-year treasury if we're talking about a fourth interest rate hike

i got that trifecta report. good news for the giants, the a's and of course the golden state warriors, all coming up from oracle. >>> steph curry struggled mightily with the three-point shot in the first couple of games against the houston rockets. boy, did he find it last night at oracle. final minute of the first half, kevin durant gets a layup. golden state led by 11 at the break. k.d. finished with 25. 3rd quarter, 19-point lead. curry buries the three over james harden, celebrates with a shimmy. next position, he drives in for the layup. curry made all seven of his shots in the third. warriors roll 126-85. they lead the series two games to one. >>> a's in toronto facing former kpix sports intern joe bea gina. he didn't get any help from his defense. josh donaldson can't handle -- oakland wins 9-2 to sweep the four-game series. >>> and over across the bay at at&t, brandon bell with a 5-5 tie with a three-run home run. the giants beat the rockies 9- 5. >>> this was the warriors' 16th straight playoff win at o

technology trifecta in places one, two and three, with the closing bell ringing in 37 minutes, intel,le and microsoft, the three leading dow names. >>> and coming up, a mighty toy deal morphing on wall street crushing one player into space after hasbro announced plans to acquire power rangers along with other entertainment brands for 522 million. rival mattel losing power. one of the worst performers on the s&p. hasbro is kind of flat. >>> raking in on superheroes. hasbro is not the only one, imax pulling in massive bucks as "avengers: infinity war" smashes box office records. there's the hulk. rich gelfond, the hulk of the big screen on how he's turning superheroes into superprofits. "countdown" coming right back. . liz: folks, we're getting this in. breaking news, "avengers: infinity war" is hours away from crossing the $800 million box office mark as it continues to smash multiple records. it's the first commercial film, the first commercial film shot entirely with imax special cameras. imax out with first-quarter earnings without the blockbuster numbers and beat on the top and bot

it's a perfect trifecta. giants win, a's win, sharks win. i can't do any better than that. i'm dennis o'donnell. see you tonight! >>> the play of the day to the hardwood we go. jazz and rockets in the nba play-offs. >> crossover -- oh!! he came in hot and up high! and when you get that hot, you got to come in high! oh, my goodness! oh, whoo! >> kevin harlan tnt with the call jonathan mitchell grabbing his own rebound dunking it in and his team beats the rockets. the series tied at one apiece. >>> it is 6:26. dramatic new video of a near miss at sfo. an up-close look just how close an air canada flight came to landing on other planes and what lawmakers are now trying to do to keep passengers safe. >> plus, a hush money contradiction. president trump's lawyer rudy giuliani says the president knew about a payment to porn star stormy daniels. how president trump is reacting this morning. >> and comedian bill cosby's wife speaking out for the first time since her husband was found guilty in a sexual assault trial. what she is saying about the woman in the case. >>> we have 40 ye

it's a perfect trifecta. giants win, a's win, sharks win. i can't do any better than that. i'm dennis o'donnell. see you tonight! >>> the fremont unified school district made the controversial decision on a sex education program. the vote came down in the middle of the night. we'll have the latest coming up. >>> and the attorney for the man believed to be the golden state killer says law enforcement may be going too far. she filed a request with the court that's being decided on this morning. -hey, did i mention i can save you $620 for switching to progressive? [ engine revving ] you cannot hear me at all, can you? the latest on the investigation. and jury duty in one bay area n more o >>> at least 9 people are dead after a military cargo plane nosedives into the ground. the latest on the investigation. >> and jury duty in one bay area county could soon become even more of a hassle. >> we're talking about a cool ocean breeze out there this morning. what this means for your temperatures. >> and we're seeing a lot of red at least brake lights for folks making their way along

that's the trifecta how you come into your own as an adult. your gumption. you have gone through all of those phases. you know who you are, you know what you're about, that's why you believe the thinks you do and argue for and against what you do. rare qualities in leaders these days on the elected side. >> well, we don't reward people who are evidentiary thinkers and independent in their view. i just don't subscribe and i watch enough of chris cuomo to know where kindered spirits in this regard. i don't subscribe to those faux idealogical boxes. it's not how i view the world or people i interact with view the world. >> why do people like that keep getting elected? >> because passion rules. it rules the airwaves, as much as i hate to admit it, and consequently the stranglehold many of those have over the elected officials and primary voters i think has discourttorte entire process from the country. >> smerconish family comes from coal country. in terms of the immigrant process, do you think your family would have the same success if they came to the country

. >> and then there is a trifecta. >> not that i heard -- >> we've heard. >> and it is really cool. >> did you wear fancy hats? >> sometimes. i dress in the silk from the jockey -- for halloween. >> you are about the same size. >> exactly. i wanted to be a jockey. i thought that was a great career for a little one. >> find out about laura's jockey history on nbcbayarea.com where we are constantly updating everything up to the minute online with the biggest or most fun stories because sometimes they are not the same. back you. >>> my chance of being a jockey are better than being a pro basketball player. live at oracle, the warriors taking care of business, now up 2-0 and the playoff against new orleans. and for warriors fans, what could be better than that? >> i know what. stef your -- steph curry's return. and fans went wild after being out for five weeks and steph wasted little time for playing the two-time mvp that he is. within seconds he sank the three and finished the night -- it was such a pretty shot. he finished with 28 points and fans quickly realized curry is definitely in

nicholas christoff says bolton is smart and well informed and he hit the trifecta. on iraq, iran and north korea alike. he has a perfect record on disastrous decisions. this is a person who the president is relying on for counsel. if you look at what he said about north korea and nuclear weapons in the past, that he now is the one advising the president on how to proceed with these negotiations. >> yeah. bolton has taken great pride in breaking agreements, destroying agreements, destroying the possibility of agreements. he's the one that convinced president trump that the north koreans were about to pull out of the summit so he, trump, had to but out first in order to save face. cleverly manipulating the insecurities of our current president. that was a wrong decision. it wasn't true. clearly, kim does not want to pull out of the summit so he gave the president bad advice. he got us into the mess we're now in. the same has been true on the iraq war. said it would be a cakewalk. on the first north korean agreement we had that froze the bomb program, flows the plutoni

previously gave the credit, enormous credit to the president, it took from what you're saying, a trifecta. we're on the verge of seeing an american president sit down with the leader of north korea, which they call a her mitt kingdom, hardly anybody gets in there. that's all very, very true. and at the same time, previous presidents have row fused to do this until there was some concession on the part of north korea. president trump has taken a different step. decided to sit down and see what could be done. i'm hopeful. let's be hopeful. >> harris: an interesting word. representative garamendi of california, thank you for the word of hope. >> thank you. >> harris: waiting to hear from the white house now on the one-year anniversary of special counsel robert mueller's russia investigation. when it happens, we'll bring it to you live. president trump set to hold a by bilateral meeting with the secretary of nay co-. who puts in the money and the fight against terrorism. hot topics. keep it here on fox news. so, you guys have recently started dating... -yes -yes cool. i want to show you guys

so i think that john bolton is -- he's hit the trifecta of getting every major thing wrong. now he's indeed doing it again. >> sumi, from the north korean perspective, do you have a sense what the north korean regime's read is on trump? do they think they know how he's approaching this, why, what his game is here? >> well, it's hard for any of us to have figured it out. i'm not sure if north koreans have figured it out. certainly the last statement released by north korea personally praising trump shows me they learned a few lessons how to deal with trump. i think trump canceling the summit did kind of surprise the north koreans because they're not used to u.s. president acting this way. they did get away with all this kind of antics before. i think that did kind of surprise the north koreans. they're still trying to figure out how trump works like the rest of us. >> we also -- we have breaking news here. it's not on this topic but on the topic of trump and the russia investigation. one of our guests has broken this news. jonathan lemire on set breaking the news rudy giulian

i want to see it, and earnings, apple, one part of their trifecta is earnings the other fact is they're buying back shares and warren buffett >> i said it at the top of the show, maybe you're looking at the wrongndices. if you look at the ten major etfs for sectors, there's three that are higher. it's energy, and we understand why. it's technology, as in the xlk, and the xle, led by amazon and netflix. >> over the last five years, there's been an incredibly tight correlation between growth outperforming value when -- excuse me, when you get a shrink in the spread between twos and tens when that gets tighter, you see growth stocks doing better because that's when managers are saying, okay, we don't have a lot of growth. where is the growth? and that's what we'll gravitate to i don't know that it's one to one, but very tight, and it's been very, very consistent so it should not surprise anyone that technology is the sole green sector of the year, as we see it fall off and see the economic surprise index. >> kevin o'leary, are we rebooted now is that where we're going? it's taken a while t

we need to continue our strategy with adidas where our three most important markets are growing trifecta. america, online, and china. a strong performance from the overall group standpoint. matt: how important are swings in the euro to you? you are a german company but you manufacture and sell your goods all over the world. what have you seen as far as swings in the first quarter and what do you expect coming? and 2% -- sorrency we had an 8% currency loss. we record less on the top line. it is the role of the ceo to manage volatility overtime and two years ago when we had currency tailwinds, no one spoke about it. irrespectivence is of that. you can see growing two percent thehe top line, we grow bottom line 17%. we are not saving ourselves from a -- from the numbers we are reporting. we are managing the situation quite well. we will continue to have challenges. sometimes they are for us and sometimes they are against us. your time and for thank you for talking to us today. the adidas ceo. clearly a number of them -- stories swirling around the business. take a look at the by readings. t

and if i knew people in china, i would have tried to get the premier of china involved and get a trifecta. >> let me make sure i nail this down. you said you put the deal together. it wasn't your deal. a developer in russia was looking to vtb for financing. >> i had a local developer there and i had the trump organization here, and i was in the middle. and the local developer there would have gotten financing from vtb and/or another russian bank, but vtb at that point was the go-to bank for real estate development. that's why vtb. >> your business has been sued before, bayrock. >> yes. >> and i want to read you part of that lawsuit. >> sure. >> and i know you deny. this but i want to get you on record. >> no problem. no problem. >> in a lawsuit that was filed by someone, bayrock was the group that helped trump develop soho here in new york city. someone said tax evasion and money laundering are the core of bayrock's business model. the lawsuit allegations. it said trump soho specifically which you also developed with the president was spectacularly corrupt money laundering and tax evasion

to understand -- i begin in my mind to think it was something revoltsn disconnected -- this usual trifecta that have been studied. city, 10,000 small to 15,000 on the eastern shore of maryland, baltimore was the main city and york was middle sized. each with a different proportion of the black population. the majority of revolts took place in middle and small size cities. by large, our conceptualization of the uprisings of the 1960's, was in very large black cities like detroit, newark. some of these have ghettos big enough to have their own names, like harlem. wondering if there were similarities and differences in these different towns. as i verse my study and began to ask certain questions, were not unique. the kerner commission, created in 1967, had been asked three questions. what happened? why? what should be done? i asked the same questions -- i wanted to know why we did what we did. the general rule of thumb at the time -- most people believe, the riots have been caused by radicals. there was a popular book written by a guy named eugene with it title "riot makers." it was later mad

he talked about the trifecta of oil rates, the u.s. dollar and more.hat trend has continued, oil climbed into the highest in three years. the bloomberg index hitting the highest in 20 weeks, treasury yields, not just the 10 year but also the 30-year. we saw that higher volatility showing a breakthrough these barriers pretty quickly. if you want to get more analysis, subscribers can check out that using our function. rishaad: thank you very much. this warning >>. i think we saw with argentina confidence can shift very rapidly. so darling last year, dyer this year. i worry that things can be fragile, even if the economic substance is ok. there is a lot of concerns and could change rapidly. rishaad: joining us now is the lg think chief strategist. does this affect your thinking? >> absolutely. the risks are higher in emerging markets today than they were six months ago, but as you were reporting this morning, we have the central banks across emerging markets on the offensive. the bank indonesia taking a stand. we had brazil at cap rates unchanged at 6.5%.

. >> they were the trifecta? >> who do you want to add? >> i want to add president nixon. certainly the most formidable genius of foreign policy that probably ever lived, certainly in my lifetime. you willob hear this, from peope who certainly rank higher than me, who are former, who are chiefs of state, who would say, someone like president sadat, who would say who knew the middle east quite well and he certainly knew president nixon's and interest and knowledge in the middle east but in talking about president nixon, he said, look, i don't, meaning sadat, i don't know much about asia. i don't know much about latin america. i'm really not that familiar with europe. i can talk about president nixon, i can talk about anyone who is a and he knows anything about them. president nixonon had a habit of having, when he could do it, two hours every day, width he did nothing but think. and he would advise, he would advise others. have that as a habit. that don't do it sitting down. because you might get sleepily and you will go to sleep. pace and think for two hours. if it is fore

. >> they were the trifecta. >> would you add? >> i would add president nixon.certainly the most formidable genius in foreign policy that probably ever lived certainly in my lifetime and you will hear this from people who certainly rank higher than me who were chiefs of state would say someone like president assad would say in the middle east quite well and you what president nixon interest and knowledge of the middle east but in talking about present nixon he said look, i don't i don't know much about asia and i don't know much about latin america and not really definitely with europe and i can talk to present nixon about anyone who is a chief estate of any nation in the world and he knows everything there is to know and president nixon had a habit of having a way to do it every day for two hours in which he did nothing but think. he would advise you would advise others to have that is a habit. don't do it sitting down because you get simply go to sleep. pace and think for two hours and if it is foreign-policy that is your interest continue to memorize every ch

>> they were the trifecta. >> host: who do you want to add? >> i will add pres. nixon. a genius in foreign policy that probably ever lived, certainly in my lifetime. you will hear this from people who rank higher than me, who are chiefs of state, who would say someone like pres. sadat. he knew the middle east quite well and he knew pres. nixon's interest and knowledge of the middle east but in talking about nixon he said look, i don't know much about asia or latin america, i am not that familiar with europe. i can talk to pres. nixon about anyone who is chief of state of any nation in the world and he knows everything there is to know about it. .. >> have that as a habit. don't do it sitting down, because you're going to get sleepy, and you're going to go to sleep. pace and think for two hours. and if it's foreign policy, that's your interest, continue to memorize every chief of state and what their foreign policy is and should be. and, man, he meant it. and he could do it. and he could come to say something like what do you think about what's going on in burkina faso?

so what we're facing right now for the markets is a trifecta of issues we talked about it yesterday higherings, whether or not they are priced in this is hotly debated. i don't think they are some people are pushing that how much is global growth slowing? i think it will pick up in the second quarter other people do not. and rates are notedly high you put these three issues together, this is a significant head wind for the stock market one of the reasons we're stuck in the 2600 to 2700 range for the s&p 500. can the bulls regain control of the narrative? because they're losing it a little bit three things the bulls are talking about yesterday was holding the 200-day moving average. that's what happened yesterday we bounced off it nicely fed will have to sound sufficiently dubbish they don't necessarily want clear indications of four rate hikes today. and, of course, a jobs report. not too hot and not too cold a lot of people around me here want to know we have an ipo here today. right here rock royalty trust which didn't quite price the way people wanted $17. $20 was the talk right now, th

>> and, wilf, stocks are facing a trifecta of important issues coming to the floor today. number one, the argument we're essentially at peak earnings, a higher earnings are factored into the market. number two problem, slower global growth. this is hotly debated, but closer growth seems to be the montra right now, and, finally, rates higher put the three together, it's a potent stew for the markets to deal with. today's ism, the construction spending report, unfortunately, played into the hands of the bears on the slower growth, higher inflation argument. first, the ism itself below consensus, but strong. new orders lower, export owners lower, trade issues coming to the floor there, construction spending also lower. there's slow growth. slow growth, but slower, and inflation issue. ism prices paid seven year high. they see that, say, oh, our narrative is essentially correct. what can the bulls do to regain control? the bears are resting control of this narrative away from them. here's three suggestions number one, s&p has to hold at 200 moving day average, about 30 points

if he wins, which i think he will, then have you got to try to hit the trifecta or super fox newsupery can you win ha the love money. what you see there those are the favorites in the race. horse that won the breeder's race. back here 3-million-dollar horse what it cost at the sale. he has a big shot. magnum moon, audible won the florida derby and bolt doroo. those are the two you want to use. you are sticking with me. you will place your bets for ainsley steve and brian, too. right you? are going to tell me how are going to bet on? steve: i'm going with second secretariat. ainsley: gunkowski. janice: we think this horse has the best chance to win the triple cloud. ainsley: as long as he gets out of the gate all right. janice: as long as he gets out of the gate. ♪ steve: our thanks to pats for the beautiful hats. j.d. thanks for the live report from louisville. brian: meanwhile, with the power vested in me, i'm going to tell you what's coming up next. ainsley: please do. brian: the left wants you to think it's innocent women and children croising the board. the next guest says that's