it is not melbourne like we say. it -- lisa: mal-burn. tom: i cannot say it. lisa: this has been an interesting davos. i have been surprised at how serious people have been in getting things done. it is trying to roll up your sleeves. tom: all of us have maximum guilt about being away. you have to buy loot when you go home. thank you, structured credit dad emailed in and he agrees with me. lisa: is that the reason you are mentioning this, to excuse why that will not be in the loop bag? what will it be? toblerone with davos? it is not any cheaper. tom: it is not at all. lisa: i've been impressed at how things have gone and then we will head back to new york city. tom: we are in london tomorrow, then with the balance of power in what joe mathieu is doing we go back to a sad story in america. lisa: a horrendous story that desensitizes people to what happens in schools. honestly, that schools prepare for this. tom: we need to say thank you to the hundreds in davos that have helped us. queen victoria helpdesk. did anastasia help us? lisa: thank you to all. tom: tha

yeah, lisa says they see me crying. they asked me, why do i cry? and i go because i don't know what i would do without them. and i know it hurts to see other parents what they're going through. it literally does it hurt a man. i can't sleep, i can sleep at night knowing that those children went to school thinking that they were safe after almost no communication to the public in to the media. the police. finally, days after the massacre and rob elementary school came out with more information about the timeline about what had happened here. the teenage shooter enters the elementary school through an unlocked door guns blazing. 4 minutes later, local police departments are inside. make an entry. they hear gunfire, they take rouse, they move back yet cover the officers pinned down call for help and help arrives. but only late too late. many se, approximately an hour later, u. s. orbital. tactical teams arrive. they make entry, shooting, kill the suspect. despite the many unanswered questions, the parents and loved ones of those who died still have de

lisa: than us? tom: that is not saying much. i look for the next step for all of these social media efforts. are they going to combine, are they going to find big capital, what is your crystal ball on what they do one year out for years out? matthew: merging is very difficult. lisa: we are having technical difficulties. tom: we need a gooat shot. lisa: this is social media technical difficulties. tom: if you're underwater, we have tables, we are hardwired to give us a more stable product. part of the heart and soul are the surveillance goats which are right behind us feeding. it is typical in the winter. the cables worked in the winter. lisa: there are some surveillance goats. tom: we can hear them. it is very funny. three of them closed the piano bar last night. there they are. let's talk about the dollar. dollar resiliency and how the plumbing of the system falls apart. they are begging for a weak dollar. lisa: how much is what we have seen over the past couple of trading sessions a peak? this is what john authers is saying th

lisa says, i never stopped wearing and and 95. the pandemic is not over and with the new continuing new variance, it's better to be proactive and protect yourself by masking. i am boosted but i don't know when i will feel safe again to not wear a mask indoors. stephen writes, outside, no, no mask. indoors in public places, i am always wearing that mask. gina says, masking up in crowded places, such as the grocery store, retail shops, or outdoor areas with large crowds, lots of people coughing and not masking, you never know, nowadays. thank you for your responses on our social media pages. >>> up next, honoring brionna taylor, how bay area artists are making sure her story is not forgotten. you are watching nbc bay area news, tonight. >>> russian missile strikes crumble cities in ukraine. refugees are arriving. >>> masks are coming off and we are here to help you move on. >>> climate change is extreme. we are seeing it return. >>> how do you keep people safe? >> what is the community impact? >> breaking news, jeff is next. everybo

lisa: you hear it on the edges and you say -- and they say the bubble has burst. they say it has more to go and i think it's an point. is there and unraveling of a reassessment and are we shifting into unraveling right now where people are saying these valuations cannot last? i think that shift in sentiment has happened over the next few weeks. tom: i think you look at the data and there is a new allocation to the market and it will come off of what central banks do. anybody who's looking at you like, good luck with that. i look at our strategists and forecasters and i say good luck. gold is down $24 indicates the sweat that's out there today. jonathan: people believe we will see a year-over-year we can inflation. how much longer will this story go and how much more neutral can the fed go? tom:tom: a moment of silence for michael wilson who is a genius. what we will do is look at what's in michael rosenberg's classic textbook currency textbook. it's $299 and the hard cover edition. is one of the founding members of currency. i am thunderstruck by just by your beha

lisa: which is what a lot of people are expecting. seema saying she was expecting it in 2024. if you expect it in 2024, do you still dance? do you look for consumer discretionary companies? that is going to reassert itself because we still have time left in the cycle. if you get the economic call right, it does not mean you are going to get the market all right. jonathan: some of this is so fulfilling. i got a message asking what happened to the commentary about that resilience u.s. economy? the data has not changed much. markets are anticipatory. they look at the data in front of them, think about how the fed is going to respond, look at the financial conditions, and a lot of that exacerbates the things the market anticipates. that is what financial markets do. they can shape the events they anticipate. lisa: we have seen the ramifications for 5% mortgage rates. we have seen sales slowed down. the number of sales, volume slowing dramatically. these precursors to more of a downturn. we are seeing the groundwork being laid for prognostication out there. it is not completely in

lisa: are you saying to tom, get out of -- cash and go all in in apple, amazon? is that basically what this is translated into? peter: i wouldn't say we would be -- on a relative basis, we have reasonable out side into modest level districts. some of the uncertainty about where rates will peak. it is important to put things in context. we have had years strongly rising performance -- -- estimates, largely as rates are trending downward. a positive but below an index return. a much more different evaluation of the index of markets, across sectors. jonathan: what we need for that to work? peter: had it started to work, as we were starting to get a little bit more refurbished. last year. interest rates started to pick up. that is a positive. evaluations were low, but as you were reporting before this conversation, banks are very vulnerable to recessions. if investors think there is going to be a recession, -- losses and credit write-downs, there is a loss because of that. even as the risk to growth remains on the downside, the risk of the deep recession don't look t

lisa: bank. >> bank. tom: bank. ok. close to be a bull, you have to say things get worse. tom: the pendulum of less worse. we are going to frame out in the friday, an important week reading. over the weekend, in the united states, memorial day. which will be a different memorial day with the tragedies we have seen in texas, the nra meeting really front and center within the dialogue this morning. in the united kingdom, i believe we have captured the prime minister on a train. lisa: he was talking about what is going on with ukraine and russia, also talking about the windfall tax, which we heard about yesterday, what that means for the oil companies. a key point for him. tom: it is targeted in transitory, which means, it never will be. they've got a name for the windfall tax. lisa: we will get into trying to explain the name. tom: data check, help your futures up 11, dow futures up 30, the 10 year yield, i have got to be looking at, .11. that is up down. can you imagine the -10 year yield? lisa: we have gotten more accommodative. at a time when inflation has not materially

[laughter] lisa: he is saying it is not a habitable -- not inevitable. what else is he going to say? tom: the president on a successful reset in the pacific rim. we think rubber doormats -- about robert -- we thanked robert hormats of about a week ago, who was excellent. we welcome all of you in may in davos. it is spectacular. i vote immediately they should move the meetings to june. third week, fourth week of june. let's get started right now at these world ahead among forum meetings with someone who can synthesize these together. what he does more than anyone in this nation is stand up in front of right cherubs and teach them their first course in economics at harvard. he's the one who's followed on from martin feldstein to deliver what is called ec 10. what did you say to the eager students who have never seen a bond market like this and never seen the second derivative moves that we are seeing in markets as it relates to our economy? jacob: to our students, i told them that when the price goes down, the yield goes up -- jason: to our students, i tol

lisa: they say it should be a whole lot lower than that. they are looking for nodes of momentum and the u.s. is supposed to be that. the supply chain disruption goes to retail sales and walmart and home depot and all that is coming out this week. jonathan: when the southside starts to downgrade chinese economic growth, that handle is so sensitive for so many banks. there is a belief on wall street that the market participants that when a bank downgrades chinese growth, it's a worry about access to chinese access and chinese markets. i think this is a big deal. lisa: we have seen this time and again on analysts getting called out even recently. certain stocks in china were on investable and reversing their call and highlights the political tenure when this -- tenuousness of this particular market. jonathan: good morning to you all, that nasdaq is negative 6 /of10 losses. going into last week i'm of the 10 year yield has been climbing for five straight weeks and then something changed last week as the yield dropped. a little higher on the ses

lisa: another way of saying this is inflation is not necessarily bad if the consumer is still spending at pace with inflation. frankly, it will look a lot better for these companies, macy's among them. what you are seeing is people coming in, going out to events, shares up nearly 12% ahead of the open. at what point do we take a look at the and say we can't get a recession if people are still charging everything on their -- on their amexes and still going to parties? tom: we do this early, 7:00 wall street time. why is target so grim and macy's so good? lisa: the same story basically with dollar general that came out. they did a bit more of a downgrade in their forecast. honestly it has to do with where you supply your parts and it has to do with the composition of the things that you sell. that is what we saw was target and walmart, and perhaps macy's had a bit more basic mix of clothes and people are buying them to go places. tom: maybe a lift in the market. dow futures up 143, nasdaq up a fractional 0.2%, up 24 points. i'm reading this off the bloomberg terminal on my iphone. this r

david stubbs of jp morgan saying by the bond move, and lisa shalett turning around and saying that is a religion of the growth difficulties still do come. as you get that change and it develops even further, the nature of save -- of selloff in the equity market, that changes too. tom: this is about your belief construct. the call it a set up. you have a set up as a belief of educating -- of executing a trade. but the real issue is you have to have a belief system of which to invest in. that is really what is being asked in here. jonathan: i think we've been tested more than once. you get comfortable with an idea, and then this market punches you in the face. yields lower by three basis points on the 10 year. futures positive 0.9%. i wasn't talking about maria. [laughter] she did the same thing, i'm sure. this is bloomberg. ritika: keeping you up to date with news from around the world, with the first word, i'm ritika gupta. president biden will highlight efforts to stem inflation today at a time when soaring prices certain democrats -- threatened democrats' slim chances of holding ont

it's a draw down, as they say stop lisa: at what point do we get a plateau? the real yield is the thing to watch. i'm talking about the idea we've seen a 1.5% move up in two months in real yields. this is one of the main drivers. tom: our listeners and viewers phone nominal but not real. bloomberg total return index was negative eight and now it's negative 13%. lisa: it's been brutal and people will look at this and they will see their statement and they will pull more. tom: it's uneventful day after the challenges of the european morning. futures are -16 and the vix is 33.19 means you have to stay with us on numbered radio and bloomberg television. an important conversation on fiscal america in the 12 noon hour. this is bloomberg. ♪ xfinity mobile runs on america's most reliable 5g network, but for up to half the price of verizon, so you have more money for more stuff. this phone? fewer groceries. this phone? more groceries! this phone? fewer concert tickets. this phone? more concert tickets. and not just for my shows. get $400 off an eligible samsung devi

lisa: mike wilson says this is a bear market rally and we have not yet seen the full reset. we are starting to see something like a by the dip moment. how do you look at a time frame given how quickly the market is moving and the economy as well? jonathan: there is a list of questions -- when can i start buying tech? we get that question all the time? tom: i will go between profit and everything else. everything else has been pounded. jonathan: you said it's a leadership call for attitude adjusting stuff have the cost cuts started yet? tom: i'm getting whispers. in this first section with the three of us back, we get to talk about china. the shanghai relief in the calendar moving into the summer before the party congress meetings is underplayed this morning. jonathan: it's a factor in the commodity market stop what i saw was fantastic in davos. fantastic for the whole team. did anyone talk about the fact that the last two years, china is still being ignored to this extent? it cannot get into the country to find out what happened with the pandemic? lisa: someone said when you

maria: and we have those text messages back and forth were lisa says says to peter strzok, trump is not going to win, right? and peter strzok is no, no, no, we will stop it we have the insurance policy. >> is absolutely right around the audience as august of 2016 with their digest in the steele dossier. when they running with the alpha bank server nonsense they're getting ready to go to the pfizer courts. this trio that led the biggest criminal conspiracy in u.s. history i believe is in the crosshairs of john durham and that is what's coming next after the indictment. he has their own words putting them on blast in the fbi corruption and the testimony from this agent and james baker and robby mook. it was not only fraudulent or the alpha bank server after. hillary clinton knew abouts it, she authorize it and spent tens of millions of dollars pushing it to the fbi, the d.o.j. and the media. and corrupting t the world and putting on the biggest disinformation campaign in u.s. history. maria: before you go, where is this going?ig do you think this trial ends next week, this upcoming week.

lisa: i've got to say, i wonder how much the u.k. is a model for what is going to happen in the u.s.. people are saying it is completely different, bitten by brexit, all these things. about the same time, it is the s word. tom: there's a job openings at arsenal. jonathan: do you want to take one of them? tom: no, i'm not qualified. you are. jonathan: -- newcastle united were fantastic. arsenal just did not show up. final game of the season this weekend. tom: well, they are underpaid. jonathan: yeah, ok. [laughter] futures up 1.5%. ♪ at fidelity, your dedicated advisor will help you create a comprehensive wealth plan for your full financial picture. with the right balance of risk and reward. so you can enjoy more of...this. this is the planning effect. >> right now we are just bordering on calling for a recession. >> if we did get one there is a lot more room for spreads to widen and even exacerbate there's losses we have alrea

lisa: why not send a sign to wall street and say, we think we need to stop. we do not need to wait until this random date that does not matter. jonathan: looking for a parody. they are exposed to to be oath things more than the u.s. the russia and ukraine conflict and china's lockdowns. tom: with all of this, the lockdown in china is the huge elephant in the room. can you imagine the difference in the debate that we are having, if we have it ease up? it would be a completely different discussion. in the zeitgeist? absolutely. we will know it in time. i think he has been brilliant on this. you know what? it is pretty grim, but things can change. jonathan: futures going into the equity market with a little bit of a lift. yields again by six basis points. a lift on crude up more than 3%. from new york city for our audience worldwide, a beautiful new york once again. can we say that summer is slowly coming in? lisa: slowly. jonathan: that is what we want to see. this is bloomberg. ♪ >> keeping you up-to-date with news around the world. less than two hours from

[laughter] lisa: i think she is saying those are. are you trying to get her -- tom: thank you so much. sofi there with a real edge to the consumer and technology for it. that was brilliant and these are really important questions. i think everybody knows i'm not big on 60/40. i had the honor of talking to markowitz about this and i'm not big on the 60/40 certitude. lisa: i think 60 form the means -- 60/40 means something for different people. they talk of the mix of the 60 and mix of the 40 but we are hearing how much is a mix of everything until you disregard the whole thing in general. tom: i will go with liz ann saunders at schwab, say good morning to dr. ross at m.i.t.. factor analysis was really important as a buffet against the massive vacation of the business. lisa: and frank lee that has been underscored in the past six months because it has all been sector by sector what has done well and what has not done well. what are you doing? tom: i just learned here, it is like an old chrysler van, i've got a coffee cup sitting here.

lisa: we were saying that we have reached endemic point. the conversation increasingly is if i have gotten vaccinated and boosted, how protected mi six months later. how much does this leave to longer-term brain damage or longer-term covid type symptoms? how much is that a concern for you versus lingering fears for people who have been conditioned by two years of just fear? >> the truth is that even if you have been vaccinated, boosted times two and had delta or omicron, you can still become covid positive. but are you likely to then become hospitalized and die, absolutely not. regarding on covid, it's not clear. this is where the research really needs to pivot and focus. there is numerous theories of what causes lung covid and its multi-mechanism. a combination of damnest to the brain, damage to the vagus nerve. we don't know how to quantify how much lung covid is out there. and how does it affect activities of daily living. right now the focus is on symptom control. there is no obvious treatment. we are getting to the stage where numerous

lisa: he's the biggest bull on the street, and you were saying earlier that when he capitulates everyone can get back in there. when one person keeps saying the same thing over and over again, if the price goes down, you only like it better. it is a sale. he's consistent in that message. jonathan: when the big bull turns bearish, it is usually some sort of sign. the highest cash levels since 9/11 in the bank of america fund managers survey. gross optimism, record low. we have priced in a lot. tom: i am going to go to the cash level. this could be a number of things. but by perspectives, most long only by side each will funds, things like that have very rigid cash brackets so they can get up to a peak of cash, and they really can't go more by perspectives, so to see that cash level to september 11, 2001 is a big deal. jonathan: futures positive 1.9% on the s&p. on the nasdaq 100, up by 2.14%. euro-dollar, 1.0477, firm or by 0.7%. -- by 0.4%. george survey lists -- george sarah vallas with things to say. lisa: this goes to the fear of a slow down with the fed perhaps not tightening as much

. >> reporter: lisa would say good-bye, not just to her grandmother, but to her uncle. >> so funny. >> reporter: and four cousins within weeks in all, six relatives claimed by covid. >> it was very, very hard. >> reporter: back in march of 2020 as streets were deserted and morgue trucks first appeared outside hospitals, for many americans the idea of a million covid deaths seemed farfetched. >> we could get in the range of 100,000 to 200,000 fatalities. >> reporter: dr. angela chen of mount sinai hospital diagnosed the first confirmed covid case in new york even before the world health organization declared the outbreak a global pandemic >> when you first made that diagnosis, did you have any idea what this pandemic would become >> i don't think any of us did. >> reporter: we spoke with her today in central park at the former site of a makeshift field hospital. >> it's really been something that i think has fundamentally changed who i am and how i think about medicine, how i think about my patients. >> reporter: so many families tonight, including lisa wilson and her husband, are refl

jonathan: not going to say what i think. lisa: please do. come on. jonathan: we are all session lows to start off. the nasdaq 100 is down 0.6%. in the bond market, yields are little bit lower on the tenure by eight basis points. lisa: everybody wants to know. jonathan: he missed it. just in such a monster, massive way. they just missed it. lisa: everybody agrees that he did. jonathan: they carried on doing qe. qt hasn't even started yet. think how ridiculous that is. lisa: so you would kick him out? jonathan: this is bloomberg. [laughter] jonathan: it is hard to call this a correction anymore. it feels like a bear market, looks like a bear market. it is a bear market on the nasdaq. the likes of apple, they are almost there. equity futures down 0.3% on the s&p, on the nasdaq down 0.8%. the nasdaq down 27% year-to-date. something is changing the bond market. yields aren't higher, bonds aren't lower. treasuries are rallying again. hi of the week, 3.20%. backed away. we are down another four or five basis points to 2.5921%. the bond market rallying, four

lisa: just saying. jonathan: were down .25%. tom: i just killed that. jonathan: the estimate in our survey is about 380. in new york, this is bloomberg. as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ jonathan: live from new york city, good morning. here's the price action. government payrolls are two hours away. equity futures are down .2% on s&p. nasdaq down about .33%. it is felt bad this year because it is bad this year. take of america out with this stat. nasdaq is at 877% bear market. that is the carnage and destruction taking place at the index level. it is been terrible this week, but if i ask

lisa: he is good. you say not bad. jonathan: [indiscernible] tom: a swanson tv dinner, the differential between--and 375. i ticket out of the aluminum. jonathan: call it -- tom: you don't know what a swanson tv dinner is. jonathan: we have talked about it. up 1.1 on the s&p. this is bloomberg. ♪ >> keeping you up-to-date on news around the world with first world news -- first word news, the elon musk deal with twitter is on hold. he announced the delay, he is waiting for details supporting the calculation that span the spam and fake accounts make up less than 5% of users. european union nations say it may be time to delay a push to ban russian oil. they can't persuade hungry to back the import -- embargo. this chancellor says the exit settlement in northern ireland is causing economic and political harm. he was asked whether the u.k. would take action on its own. >> no decision has been taken. our preference has been to have a negotiated settlement and in the foreign secretary continues to engage with counterparts in

key swing voter republican lisa murkowski says she's voting no. meanwhile, the white house is responding after senator mcconnell said it's certainly possible that lawmakers could impose a federal ban on abortion depending on the supreme court's final decision. >> dozens and dozens of republicans in congress signed on to the mississippi court case and advocating for severe restrictions on a woman's right to choose, so in some ways, yes, you're seeing an outcry by the nearly two-thirds of the public, many peacefully protesting who are concerned about what this opinion will say. >> reporter: and as for that security measure for supreme court justices, the house still needs to approve the bill before it heads to the president's desk. andrew. >> justin, thank you. >>> new covid cases are climbing in 45 states sparking concern about a fifth wave of the virus. the current hot spot is the northeast where new york's transmission rate is up 75% in the last month, and in the boston area officials are considering a return to mask mandates. >> while we've seen

lisa: basically saying what we are looking at is what is going to be a slowdown because of what is going on, and frankly, this fascinating confluence of events , we've got a strengthening dollar that is tightening policy as much as some of the rate hikes. i don't think we have made enough about that at a time when dollar strength is incredibly resilient. jonathan: seeing some dollar strength right now against one particular currency. sterling, 1.2410, a move of 0.75% on the day. tom: 12% of the acclaimed dxy intellects did ask -- the acclaimed dxy index. there's some other factors going on here, including yen, which has not moved, but as andrew sheets talked about, you wonder where currency comes in as a release valve for these oddities in the system of economic slowdown, and yet we've got to raise rates. never seen it. jonathan: i know you are focused on crude too, tom. tom: this is a huge unspoken deal, to see diesel do what it is doing in america and in war-torn europe, and a gallon of gas, i'm sorry, it is creeping up. jonathan: acknowledging these problems at the back of england, th

. >>> an investigation now under way in paris after a man threw cake on the mona lisa. officials say the man was pretending to be wheelchair-bound in the louvre museum and was allowed to get close to the iconic painting. the suspect was arrested and taken for a psychiatric evaluation. the painting was behind protective glass and was not damaged. >>> when we come back, americans remember and honor their fallen remember and honor their fallen heroes. or high blood pressure you're a target for chronic kidney disease. you can already have it and not know it. if you have chronic kidney disease your kidney health could depend on what you do today. ♪far-xi-ga♪ farxiga is a pill that works in the kidneys to help slow the progression of chronic kidney disease. farxiga can cause serious side effects including dehydration, urinary tract or genital yeast infections in women and men, and low blood sugar. ketoacidosis is a serious side effect that may lead to death. a rare, life-threatening bacterial infection in the skin of the perineum could occur. stop taking farxiga and call

lisa: on friday, president trump put out a statement saying she can't win, but he also praised her. what did you think about mr. trump's statement? ms. barnette: we know that president trump did not mix words. i think that letter was favorable. and i look forward to working with the president. katie: she does have room to just get this last mute momentum. lisa: katie meyer covers state politics for whyy and met us at club house diner. i asked her about barnette's chances in the fall. katie: i think anybody who sees somebody who's more extreme, or not somebody who is, as trump said, not vetted, like barnette, they think "okay, that's like a pretty easy target." however, we'veeen that be totally wrg before. >> mr. john fetterman! lisa: which brings us to democrats, and another unusual candidate. lt. gov. fetterman: wow, thank you for coming out. lisa: pennsylvania's lieutenant governor john fetterman looks like a wrestler and campaigns like bernie sanders. fetterman gained attention as mayor of braddock, a hollowed-out steel town he helped revitalize. he's pro-immigration, supports un

lisa: what you say is fascinating, and it was reflected in a "wall street journal" article about big tech, saying they see this as an opportunity. they are using that cash to possibly make these acquisitions. do you think it is because of the willingness of some of these startups to really be acquired that will really drive that? chuck: i'm sure some of them are still trying to figure out if this is a new reality or not, but there are some of them that will say, given the uncertainty in the world, if we are looking at our strategic options, this one may be a lot better than it was six months ago. when they thought that every ipo made you a alien or. you could see more, for sure. we have a strong balance sheet. tom: your balance sheet is exquisite. does the financing change with a lift in interest rates here? has enough medics changed? -- the mathematics changed? chuck: we build that into our models. tom: could you give us a few names? chuck: sure. [laughter] tom: chuck robbins. lisa: i was like, is he going to do it? absolutely not. tom: you are as rude as you were at those five part

lisa: some people would say the reason why those areas have not sold off as they don't trade. we have not seen the price action or discovery in the way we have in other names. we have been focusing on big tech. safe havens have seen the most pain. how concerning is that to you? is this people selling what they can, not necessarily what they want, and if things do get worse they will go to these other areas? anastasia: where the economy continues to slow down and dip into a recession, of course the private markets are not going to be immune. of you take private credit and -- it will attract leverage lows. you will see some reset of valuations. same story for private equity and venture capital. we've seen valuations more resilient but i expect the longer this goes on in the public markets, the more it spills into the private markets as well. if you look at private credit, for example, and compare how that has traded throughout 2008 and 2018, the drawdowns were not as severe as they were high-heeled and leveraged loans. the reason for that is you are not a forced seller into liqu

it does now see of the netflix theory lisa. he says we have the same story but not the same memories. cultural commentators say depictions of this aspect of france, colonial history, a very rare phone. in fact, it's the 1st time that we've ever seen a film of this scale on this subject with a well known cast, including all massey who's a make a saw here in france. and abroad, so it is a very big deal to see a film like this and see green at can something that can lindsay to another story is archy, i thought a few of the $200000.00 difference recruited into the french army to fight against that countryman, and it depicts how most are he abandoned many kills when algeria again, independence. director phillips will call, says generation later, children of these fighters still carry shame and stigma that new truck. it's a story that has had wide repercussion. human damage not only promotes through the war, but also the generations that followed. there are more stories yet to be told. you know, during the key are still considered tr

. >>> an investigation now under way in paris after a man threw cake on the mona lisa. officials say the man was pretending to be wheelchair-bound in the louvre museum and was allowed to get close to the iconic painting. the suspect was arrested and reportedly taken for a psychiatric evaluation. officials say the painting was behind protective glass and was not damaged. >>> when we come back, americans remember and honor their fallen heroes. you're a target for chronic kidney disease. you can already have it and not know it. if you have chronic kidney disease your kidney health could depend on what you do today. ♪far-xi-ga♪ farxiga is a pill that works in the kidneys to help slow the progression of chronic kidney disease. farxiga can cause serious side effects including dehydration, urinary tract or genital yeast infections in women and men, and low blood sugar. ketoacidosis is a serious side effect that may lead to death. a rare, life-threatening bacterial infection in the skin of the perineum could occur. stop taking farxiga and call your doctor right away if you

. >> reporter: but the other pro-choice republican lisa murkowski says is now willing to take another look at what democrats are offering. >> rachel scott with us from the supreme court tonight. and rachel, senate democrats are determined to have a vote now on this bill next week, of course, as you've reported here, they want to get all senators on record. you've also reported they don't have the votes and so, let's ask about senators collins and murkowski. we learned from your reporting tonight that they have supported the idea of making roe versus wade federal law, so, i guess the question would be, would democrats consider joining them? >> reporter: well, david, even though some democrats support that, they do not want to take that path right now. they have not completely ruled it out, though. psenate majority leader chuck schumer says the senate will continue to vote on legislation to codify roe versus wade, but even with the support of two republicans, collins and murkowski, they still do not have the votes they need in order to get that passed, david. >> rachel, thank you. >>> n

lisa: absolutely, especially because of home depot. and to a lesser extent lows as he was saying. there is clearly a margin issue we have to get our hands around and understand. lisa: i like the ecfc function. not sure if it is a forecast and how accurate that has been over the years. futures on the s&p up a little more than 1%. this is bloomberg. ♪ ritika: keeping up-to-date from news from around the world, president biden arrived in south korea and immediately underscored the importance of resolving the global semiconductor shortage. the president toward a trip factory that is a model for one though company plans to build in texas. this will be good paying jobs and more resilient in the supply chain. bloomberg learn president biden is considering immediate with saudi arabia's money how big bun salmon next week -- mohammad bin salman over the murder of jamaal khashoggi. firms are start to start talks -- sri lanka fell into default this week for the first time in its history and an economic meltdown led to protest and a crisis. the largest maker of agricultural machinery were be

and his like minded friends were watching events in ukraine closely so so, so saying lisa lackey, my, they are so last king, marianna finance simply went to stolen money for stunned alcantar. i look at our inquiry and on my done, he at this moment to postpone say, when you have put us up on the smith with the march april of may 2014 hostilities of eating up all of dumbasses soon. the blaze civilians like miners, teachers and laborers are pouring into recruiting stations a see a little bit, the bus visible there. but he just gave me that again his up to him to speak with him about jensen with us deal over my visible pardon me. but the boy not that had built that bug. you wanted me to measure delay he up houston list e r t a garage than you need, you know, the brochure list yesterday she muffled my mental. i still grania spruce, british to pros billing and put your despite that the ukrainian government decided to designate the self proclaimed republics as separatists and terrorist organizations. now, you can do anything you want against terrorists. the road to devastating fratricidal wa

lisa lackey, my, they are so last k, marianna, turn us in plymouth just on money 1st on the computer. and i look at our country and on my done here miss a moment to postpone, say when you close up on fishing into the sector of the an acrylic, both in march, april of may, 2014 hostilities of eating up all of dumbasses through the blaze civilians like miners, teachers, and laborers, a pouring into recruiting stations. ah, what i see is it the boss visited. but he just gave me that again. his ups in this book with us about jensen, we put a dos dealer wouldn't visible, pardon me, but you boy, not that a bit of a you but a meeting. there's regular. he up. she is in last. e, for us, the a garage than you need, you know, the brush ellis. yesterday she muffled my mental. i still grania spruce british to a pros, mutiny. put your despite that the ukranian government decided to designate the self proclaimed republics as separatists and terrorist organizations. and you can do anything you want against terrorists. the road to devastating fratricidal war is now open the school. the deal easier. ju

lisa lackey, my, they are so last came marianna, turn us employment to just on money 1st on the computer, i look at our country and on my done here miss moment was been say, when you have close on this mental though they sector of you know, korea both much april of may, 2014 hostilities are eating up all of dumbasses soon. the blaze civilians like miners, teachers, and laborers pouring into recruiting stations. i see a list of them was visible there, but he just came music again, his up to him to speak with him about jensen. we put your steel over my visible army. but you boiler mush that had built the bug you but it didn't actually. he up . she is to nice. e for us the a garage than you need. you know the brush ellis. yesterday she muffled my mental. i still grania spruce british to a pros, mutiny put your despite that the ukranian government decided to designate the self proclaimed republics as separatists and terrorist organizations. now, you can do anything you want against terrorists. the road to devastating fratricidal war is now open or school vill, these is june. second the airpl

lisa: i think it is fair for parents say that is a really good question. and to tell you the truth, it's very hard for me to understand. so the fact that you are struggling to understand this isn't because you're young, it's because it's one of those things that's really hard to understand. parents can say that, and most children wl accept that. we just want to be honest, but we also don't want to sugarcoat what we're looking at here. ali: what are some strategies for navigating a child's feeling about whether they themselves are safe at scho? lisa: parents have to figure out where they sit on this themselves. but if they do feel that they can say to their child, i would not send you to school if i did not think you were safe, then i think they should say that because children need reassurance along those lines. ali: and then on the flip side of that, once the children are inside the school, a lot of them these days are dealing with with active shooter drills. how does that affect their state of mind? and how does that affect when they do hear about these

lisa, also on the front end. lisa: i was going to say the same thing. that was the story for the first time in a long time. there was a bit of flight to safety to bonds. does that tell you we are at the beginning of capitulation or we are at the next leg downward because people are concerned about that growth? you will be watching that throughout the day. he was when i'm watching, treasury secretary janet yellen is testifying to congress. this is going to be fascinating, especially head of that presidential speech later this morning. because there has been reports from bloomberg that her staff as well as janet yellen herself has taken issue with the characterizations of being overly rosy from the white house with respect to transitory inflation or how much you could roll over and of the midterm election. today we get a slew of fed speak. loretta mester among them speaking with michael mckee coming up today at 11:00 a.m. others include jon williams, raphael bostic, and fed governor chris wallace. what are they going to say? jon, are we spending too much

lisa mukowski says that they support a woman's right to choose but similarly said, the measure was too expensive. when you make of all that? >> the women's health act codifying roe is not medical. abortion is legal. women are not demanding more rights. they are demanding that the ones that they earned in the 1970s, when women could not own a credit card, could be raped by their husbands legally, they are just asking for those rights. the idea that democrats had a hard line on abortion rights is false. democrats have had a very nuanced position. even some progressives have not been progressive enough. joe biden supported the hyde amendment until recently. president obama signed an executive order in 2010 to make sure that abortion could not be funded by federal funds. nancy pelosi opened the party to antichoice democrats. democrats have actually moved a lot to the center to meet republicans. republicans are the ones who have not only not move to the center, but moved more and more to the extreme right on this issue. >> interesting. there's also been a talk about chief john justice rober

lisa: are you saying they need to raise rates so they can lower them in the next recession? >> the fundamentals of the u.s. economy allow for raising rates, but look at where the economy is. they are at 75 basis points. fundamentally, they need to move. also, they need to move in a way that does not cause a recession. that they know make is where there are going to be challenges. tom: dr. lehman of trinity college and the ecb, we spoke to him a few days ago, is out with headlines. he talks no prize about gradualism and data. you and carl weinberg go back and forth. are we fooling ourselves that these central banks are anything but expos, that they are completely data-dependent and have to wait unlike the media and mobile wall street that wants to get out in front the moment? >> that is what we are seeing in terms of guidance from jay powell. they have laid out a., but what we are talking about it three to six month period. it is difficult to forecast anything beyond the next 3 -months. 4 all the interconnections -- all the interconnections we are seeing in terms of lockdowns

lisa: country finance minister saying an immediate russian oil embargo is possible. we just learned last week that germany was not going to stand in the way of a wider european embargo and they were prepared to back a gradual reduction, not necessarily immediate step kailey: that's an interesting change of tone but it's no longer germany that has stood in the way. the focus has shifted in hungary. jonathan: it might come to the individual country level with some countries making that decision to cut back on russian gas in russian oil. lisa: if germany does it, how much will that affect the rest of europe? it's basically noise around the edge. it has an implication and people are saying that an oil embargo would have some affect on the overall market. jonathan: let's get to the program director of the corbyn foundation. what if the war in ukraine does not end? >> we try to think through that if the war doesn't antenna becomes protracted, whose side is time on our answer would be at be favorable for russia to keep work going and dragged the fighting on because it might

lisa, controversial and some might say out of touch comments from german politicians more recently. lisa: that is a reason why perhaps they have been banned from visiting ukraine, which has been a political popularity recently. i do think about the popular vote in germany. how much support is there for a gas ban, for changing policy now in the face of russia, even if there is this tension that is growing between ukraine and germany? jonathan: will they change their views on the physical path for the whole of europe? this is not about punishing the germans because they punished the greeks. this is about whether they are willing to learn the lessons of what they did to the greek economy and do something for the whole of europe. talking about a heavy load to bear given what is going on in europe. this is bloomberg. ♪ >> they hope that they can contain inflation without -- business inflation. >> you are going to have sustained high inflation. you want to tilt towards value. >> the concern for china is the effect of a slowing china on global growth long-term. >> the fear of missing out