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Apr 25, 2024
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russell city. a place once known as the shame of alameda county. >> was hard for me to come back here. the railroad tracks were the main thing that remain in russell city. >> reporter: his daughter, aisha, has been on a journey to learn about her family's past. >> we are not to come out somewhere in the south were on the east coast, we'll talk about somewhere that's in the heart of alameda county. >> reporter: russell city, a predominantly black and latino county in alameda county was bulldozed and sold off to developers in the 1960s. a neighborhood of about 1400 people were forced out of their homes . businesses were lost. today, russell city is unincorporated alameda county in hayward. it starts and -- just down from hayward regional shoreline park. >> the city is gone, but their memories remain. >> james grew up in russell city with his three siblings. >> just trying to stay out of trouble, having fun, seeing my cousins and relatives and friends. not having a care in the world. >> reporter: his
russell city. a place once known as the shame of alameda county. >> was hard for me to come back here. the railroad tracks were the main thing that remain in russell city. >> reporter: his daughter, aisha, has been on a journey to learn about her family's past. >> we are not to come out somewhere in the south were on the east coast, we'll talk about somewhere that's in the heart of alameda county. >> reporter: russell city, a predominantly black and latino county in...
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Apr 26, 2024
04/24
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what do you think you got from russell city? i think that it shaped me in a sense that it just made me want to prove to myself and anybody else that i'm worthy of. anything. just like anybody else. you know that i didn't want to do this, but i, i, i believe that i owe it to you. i'm proud of you, dad. oh. thank you, jody. i needed to hear that . i'm proud of myself, too. that was our jody hernandez. we want to thank her and her family for sharing their story with us. so much history in the east bay to watch part one of our series on russell city. just go to nbc bay area.com/race in america. nbc bay area and telemundo 48 are supporting our schools already. our annual backpack drive is underway i'm chris kamara live in palo alto i'll show you how you can participate from the comfort of your home next. looks like a great time chris. looking forward to that. right now on our satellite radar picture we are tracking a new storm off to the north. i'll have details on how much wind and where t but we're already looking ahead to the next
what do you think you got from russell city? i think that it shaped me in a sense that it just made me want to prove to myself and anybody else that i'm worthy of. anything. just like anybody else. you know that i didn't want to do this, but i, i, i believe that i owe it to you. i'm proud of you, dad. oh. thank you, jody. i needed to hear that . i'm proud of myself, too. that was our jody hernandez. we want to thank her and her family for sharing their story with us. so much history in the east...
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Apr 21, 2024
04/24
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russell exploded, and sierra found herself fighting for her life. police believe russell used a tire iron from his car as the murder weapon. sierra scratched him during this altercation, creating the microscopic dna evidence that would ultimately produce the virtual image and land russell in jail. bouzigard: i'm proud of her. i knew she was a fighter. i knew she was, and she got that from me. she got something good from me. armentrout: the dna was there at the crime. it's a matter of interrogating the dna intelligently and rendering the output in a fashion that's useful to the police. narrator: in july of 2017, blake russell was charged with second-degree murder. while awaiting trial, he hanged himself in his jail cell, a development that brought no satisfaction to sierra's family or to investigators. they wanted the case to go to trial. they have no doubt this revolutionary piece of dna technology would have put blake russell behind bars for a long, long time. quaal: the nice thing about this is that it will create a picture of this person, and not
russell exploded, and sierra found herself fighting for her life. police believe russell used a tire iron from his car as the murder weapon. sierra scratched him during this altercation, creating the microscopic dna evidence that would ultimately produce the virtual image and land russell in jail. bouzigard: i'm proud of her. i knew she was a fighter. i knew she was, and she got that from me. she got something good from me. armentrout: the dna was there at the crime. it's a matter of...
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Apr 29, 2024
04/24
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charles, who performed in russell city. what do you think you got from russell city? i think that it shaped me in the sense that it just made me want to prove to myself and anybody else that i'm worthy of. anything. just like anybody else. you know that i didn't want to do this, but i, i, i believe that i owe it to you. i'm proud of you, dad. oh thank you, jody. i needed to hear that. i'm proud of myself, too. i love that. what a gift that jody has now that she knows her family's history. and she's been able to share that with everyone else. now to watch part one of our series on russell city, go to nbcbayarea.com slash race in america. we're going to change gears now. coming up, this barbie, a gold medal winner. we talk with the bay area figure skating star who is getting her very own barbie doll . the week begins watching those winds picking up again tomorrow afternoon and then warming temperatures ahead and spring showers also in that same 7-day forecast did my legs shrink? i can move them. i mean, i knew alaska airlines' premium class had extra legroom but this...
charles, who performed in russell city. what do you think you got from russell city? i think that it shaped me in the sense that it just made me want to prove to myself and anybody else that i'm worthy of. anything. just like anybody else. you know that i didn't want to do this, but i, i, i believe that i owe it to you. i'm proud of you, dad. oh thank you, jody. i needed to hear that. i'm proud of myself, too. i love that. what a gift that jody has now that she knows her family's history. and...
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Apr 10, 2024
04/24
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skip also points out the trading for the russ well russell 2000 is bullish. however, she's concerned the trend here seems to be waning and the moving average convergence to convergence line appears to be making a bearish crossover right here where the blue line crosses the red one. this is a key momentum indicator and these crossovers tend to be pretty reliable buy or sell scenes. it's the downside risk for the russell 2000, although the charts haven't confirmed it yet. in other words, she likes the small cap index and how it's performed on the s&p 500, but when i looked at it when she sent it in and said man, that's nothing to write home again. skip points out the russell 2000 relative to the s&p 500 has formed an up trend. that's the green line. as long as it holds, she's feeling more sanguine. at the same time there's a strong resistance not too far from here because it's been hard for the small cap index to outperform the s&p, but on the other hand, when you look at the i shares russell 1000 growth, it's running circles around the s&p 500. look at this ch
skip also points out the trading for the russ well russell 2000 is bullish. however, she's concerned the trend here seems to be waning and the moving average convergence to convergence line appears to be making a bearish crossover right here where the blue line crosses the red one. this is a key momentum indicator and these crossovers tend to be pretty reliable buy or sell scenes. it's the downside risk for the russell 2000, although the charts haven't confirmed it yet. in other words, she...
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Apr 3, 2024
04/24
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meanwhile the russell 2000 is some groups that have struggled . how about the regional banks which had a very tough time after the silicon valley bank collapse and the many bank crisis that followed. there was also a lot of biotech companies and those struggled for most of 2022 and much of 2023. they were losing too much money on regional banks and speculative. small caps tend to underperform in a high interest rate environment. the small companies are the ones that most need to raise money. for over a decade after the great recession they were pretty much in heaven because they could borrow for next to nothing. as the fed started raising rates aggressively at the highest rate in 15 years it became much more expensive for the small caps to borrow money and much more difficult to lock up alternative sources of funding. that is why the russell 2000 finally bottomed once interest rates peaked last october. it is also why the index is stalled year to date and started the climb again. we'll talk about that a lot in the morning. the rates are going up s
meanwhile the russell 2000 is some groups that have struggled . how about the regional banks which had a very tough time after the silicon valley bank collapse and the many bank crisis that followed. there was also a lot of biotech companies and those struggled for most of 2022 and much of 2023. they were losing too much money on regional banks and speculative. small caps tend to underperform in a high interest rate environment. the small companies are the ones that most need to raise money....
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, situated on the border with egypt is one has said it will expand this ground defensive into russell to fight international called for his trained residence of the west bank, launched a general strike closing the shops and other businesses of the is really true rated a refugee camp in the tree, the palestinian red crescent said at least 14 people were killed and dozens injured . as well sees it targeted militants during account of terrorism operation. it strikes military fates the new refugee camp in the absorption, part of the restaurant. the after not many killed and injured dogs, boosters and homes destroyed or another can i you my son was sleeping there so he had to gone to wash himself and then he prayed and went home. is the home is higher of. there was a slide for in front of him was shot to him. i heard the son of the shooting, my oldest son when ups there and found he was bleeding to the blood test. look at these flat palestinians describe phase, drive it as president. yup. and of the model. i mean it'd be within that there is indeed complete destruction of homeless shop. wo
, situated on the border with egypt is one has said it will expand this ground defensive into russell to fight international called for his trained residence of the west bank, launched a general strike closing the shops and other businesses of the is really true rated a refugee camp in the tree, the palestinian red crescent said at least 14 people were killed and dozens injured . as well sees it targeted militants during account of terrorism operation. it strikes military fates the new refugee...
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kind of liberating some of the pressure on russell and the russell area which will india and maybe will allow israel better conditions for the ground operation there, which especially according to, is really forces is still on the table. now what does this mean for the humanitarian situation? that again, if we have less less clutter in one place, hopefully it helps distributing the the a much better. i think the key component when we talk about the situation garza was finally, is really green to open to the border crossing. and the northern part of the strip of the arrows crossing it's the most modern, most efficient point which, which allows the best distribution of a into gaza. you've seen it happening like a couple of days ago. hopefully we will start seeing more and more aid coming more efficiently, and that will hopefully bring the much need to change to the situation. and also when it comes to the to the family and the crisis they are released unless funny was on his desk. thank you very much. you're welcome. god we're looking as rhonda now which is mocking the 30 here on diversit
kind of liberating some of the pressure on russell and the russell area which will india and maybe will allow israel better conditions for the ground operation there, which especially according to, is really forces is still on the table. now what does this mean for the humanitarian situation? that again, if we have less less clutter in one place, hopefully it helps distributing the the a much better. i think the key component when we talk about the situation garza was finally, is really green...
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Apr 16, 2024
04/24
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. >> its really wild numbers, actually, russell. when you had that sort of dynamic going on where you have got some clear leaders in the market and they have so much in terms of resources and so much in integrating new models, how hard doesn't make it for others to play any sort of catch up and what does that mean then? russell: it is not just hard for an industry to industry competition for them. it is also hard for other stakeholders. i work at an academic institution and this is where we see a large struggle for this. not one major university in the world could train a chatgpt model today if it wanted to because it does not really have the resources possible to do that. so you are constraining not just stakeholders within an industry, you are constraining stakeholders within academia and even to some extent, government not having the resources to do this and that has a lot of implications. what does it mean for a select few companies that are doing this and who do we want setting the rules of the road and who is at the table? we
. >> its really wild numbers, actually, russell. when you had that sort of dynamic going on where you have got some clear leaders in the market and they have so much in terms of resources and so much in integrating new models, how hard doesn't make it for others to play any sort of catch up and what does that mean then? russell: it is not just hard for an industry to industry competition for them. it is also hard for other stakeholders. i work at an academic institution and this is where...
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Apr 1, 2024
04/24
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if you see a pullback there it'll be the russell 2000. people are looking where to put money at all-time highs. annmarie: i will ask you the question i asked lori calvasina. we had so many rotational fall starts. what makes you have the conviction this could be at? peter: in the fall we had a 22% rise in the russell 2000 versus 11 and the nasdaq. that is the sort of thing i'm looking at. people are getting tired about the same story. i have committed to ai, where will i put my money? you start putting money elsewhere. you see energy do well, mining is doing well. we have bank earnings next week. regionals do well. that is what drives it. annmarie: jay pelosky was talking about energy. he also like soft commodities. are you seeing the entire commodity landscape push higher? peter: i am hard commodities. energy has been the big focus. we are understanding that if we want sustainable energy we have to build up sustainable energy more rapidly and that will require commodities. we also understand we need traditional energy for the next 20 to 3
if you see a pullback there it'll be the russell 2000. people are looking where to put money at all-time highs. annmarie: i will ask you the question i asked lori calvasina. we had so many rotational fall starts. what makes you have the conviction this could be at? peter: in the fall we had a 22% rise in the russell 2000 versus 11 and the nasdaq. that is the sort of thing i'm looking at. people are getting tired about the same story. i have committed to ai, where will i put my money? you start...
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Apr 2, 2024
04/24
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just not part of the russell story. and as i mentioned before, when we were here in early january, the market was present nearly seven cuts. now we are pressing less than three. they are 425 handles higher than it was last time. >> we talked about keeping your eye on the ball. are you okay with keeping your allocation to mega cap where it was? i think it was overweight. you've suggested being overweight mega cap which is already a sizable portion of the s&p. i don't need to feel that back at all? is this a rest? what is happening here? >> keep your eye on the ball. don't constrain your imagination particularly as it relates to nvidia, mettawa or amazon. we spoke a lot about q4 earnings. magnificent earnings growth at plus 60%. the rest of the index was minus 2. as we head into this, can they sustain that degree of outperformance? probably tough. upside convexity locally from here is less than it has been. but i want to stay in that fight. the other interesting pattern this year, and this could be within the magnificent
just not part of the russell story. and as i mentioned before, when we were here in early january, the market was present nearly seven cuts. now we are pressing less than three. they are 425 handles higher than it was last time. >> we talked about keeping your eye on the ball. are you okay with keeping your allocation to mega cap where it was? i think it was overweight. you've suggested being overweight mega cap which is already a sizable portion of the s&p. i don't need to feel that...
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Apr 17, 2024
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i wouldn't touch the russell 2000. >> the russell is down 7.5% this month. this month. 16 days -- >> that's a bear market. >> in the month. would you own a home builder right now? the home builder etf is down 9% this month. d.r. horton reports this thursday. you own that. that stock is down 11%. why? rates are up. >> d.r. who are tan and lennar are below for the first time in many, many months. challenging the spositive momentum and the home builder survey and housing starts are suggesting that you're beginning to see weakening in demand. the spring season is not suggesting that it's going to be as strong as we witnessed in prior springs. so i think, to answer your question at the end of the month, we will rebalance the etf and we'll see what we do with the home builders. but they're certainly not what i like to call the green light scenario. there's certainly a yellow light. >> you raise an interesting point in that this backup in rates comes at a really interesting time for you personally, be because you're going to have to do your rebalance in the face of
i wouldn't touch the russell 2000. >> the russell is down 7.5% this month. this month. 16 days -- >> that's a bear market. >> in the month. would you own a home builder right now? the home builder etf is down 9% this month. d.r. horton reports this thursday. you own that. that stock is down 11%. why? rates are up. >> d.r. who are tan and lennar are below for the first time in many, many months. challenging the spositive momentum and the home builder survey and housing...
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Apr 4, 2024
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on february 9th, the russell 1000 growth was outperforming the russell 1000 value by 900 basis points. fast forward to today, russell growth is still beating value but only by 300 basis points so value has certainly picked up the slack. you talked about or asked about evaluations. we can talk about banks trading at one or two times value, well- capitalized, good dividends and i suspect you will start to see and hear more about buybacks now that regulation is getting pushed to the side. you look at energy at 67 times forward estimates. look at what you are seeing in energy. obviously the companies say -- see value. industrials, some of them are expensive and some of them aren't and especially if you are going to see the manufacturing part of the economy continue, then they are cheap so, i think there's a lot of places to be investing. i'm looking at some places in healthcare and looking at united healthcare. i don't own it but the stock is down 12% in a straight line. trending at 16 times forward estimates so i think you're getting a lot of opportunities and a lot of places beyond 10.
on february 9th, the russell 1000 growth was outperforming the russell 1000 value by 900 basis points. fast forward to today, russell growth is still beating value but only by 300 basis points so value has certainly picked up the slack. you talked about or asked about evaluations. we can talk about banks trading at one or two times value, well- capitalized, good dividends and i suspect you will start to see and hear more about buybacks now that regulation is getting pushed to the side. you look...
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when this town went by a different name, russell city. it was founded in 1853, just three years after california entered the union. this tree is now the only reminder of what was to be here to see, you know, companies here like making generational wealth out of what was just our home. >> you know, it hurts for sure. definitely >> long before these two cousins were born, their great grandmother, jessie mae johnson henry and great grandfather, bernie patterson johnson, had settled in san francisco's fillmore district, eventually forced out of that neighborhood due to housing discrimination. in the 1950s, they became part of another thriving community of black and latino families. christian's dad, jonathan, remembers his grandmother telling him about the magic of this town. my family always used to share this great stories of the community. >> russell city was a very thriving community, a very close knit kind of agricultural community. you know, it wasn't a lot of, you know, jobs and opportunities for individuals. >> so why would anyone move
when this town went by a different name, russell city. it was founded in 1853, just three years after california entered the union. this tree is now the only reminder of what was to be here to see, you know, companies here like making generational wealth out of what was just our home. >> you know, it hurts for sure. definitely >> long before these two cousins were born, their great grandmother, jessie mae johnson henry and great grandfather, bernie patterson johnson, had settled in...
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Apr 10, 2024
04/24
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the index that's really getting pummeled though is the russell 2000. biggest percentage loser, down a full 3% right now. pretty much at a session lows. that is in part because small and mid if cap companies tend to be more sensitive to borrowing rates. worst day democrat russell since february 13th. we are continuing to watch all of this. it's also on the lower ticker. and, you know what? if the 10-year treasury yield is any indication, those interest rates that many small and mid caps depend on going lore so that they can borrow more, those interest rites are rising. look at the 10-year yield. yesterday it closed at 4.36%, right now it is the up 19 basis points to 4.555%. benchmark topping 4.5% for the first time since november. the trigger? well, all a ofs this is moving after the march consumer inflation report that that we flagged you about exactly at this time yesterday. core inflation that excludes often volatile food and energy prices came in hotter than expected for the third month in a row. prices consumers paid stayed stuck at .4%. year-over-
the index that's really getting pummeled though is the russell 2000. biggest percentage loser, down a full 3% right now. pretty much at a session lows. that is in part because small and mid if cap companies tend to be more sensitive to borrowing rates. worst day democrat russell since february 13th. we are continuing to watch all of this. it's also on the lower ticker. and, you know what? if the 10-year treasury yield is any indication, those interest rates that many small and mid caps depend...
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this population of 2300000 have sought refuge in russell israel has failed to expand its ground defensive into rough despite international calls for restraint. fighting is flaring up in mirrored more as the military junta of battles rebels at a border crossing in the east. thousands have fled across the border to neighboring thailand. armed ethnic groups captured an army out post last week. the fall of the strategic border town is the latest in a string of defeats for the hunter. that seized power 3 years ago. a snow storm in germany south has caused chaos on highways as the state of bavaria, braces for more wintry weather, hail, rain, ice, and snow if may driving conditions extremely difficult over the weekend. for cancers or warning locals to watch out for black guys, and full intrigues to pakistan. now where the government plans to deport some $800000.00 african refugees under the show called illegal foreigners repatriation plan, the move would see many people deported to afghanistan regardless of their residency status, including those born in pakistan to refugee parents. dw visited s
this population of 2300000 have sought refuge in russell israel has failed to expand its ground defensive into rough despite international calls for restraint. fighting is flaring up in mirrored more as the military junta of battles rebels at a border crossing in the east. thousands have fled across the border to neighboring thailand. armed ethnic groups captured an army out post last week. the fall of the strategic border town is the latest in a string of defeats for the hunter. that seized...
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, situated on the border with egypt. israel has set it will expand his ground defensive into russell. despite international goals for his trained as president of the west bank launched, a general strike closing the shops and other businesses of the is really top rated a refugee camp in the to treat. the palestinian red crescent said at least 14 people were killed and dozens enjoyed as well. phase of targeted militants during a counter terrorism operation. it strikes military fates the new schon certificate to come in the absorption part of the restaurant. the after not many killed and injured daughter boosters and homes destroyed for another can i you my son was sleeping there so he had gone to wash himself and then he prayed and went home. is the home is higher of. there was a slide for in front of him was shot same. i heard the son of the shooting. my oldest son went up there and found he was bleeding. he planted this look at these flat palestinians describe they've drive it as president. yup. and of the model. i mean, it'll be within that there is indeed a complete destruction of h
, situated on the border with egypt. israel has set it will expand his ground defensive into russell. despite international goals for his trained as president of the west bank launched, a general strike closing the shops and other businesses of the is really top rated a refugee camp in the to treat. the palestinian red crescent said at least 14 people were killed and dozens enjoyed as well. phase of targeted militants during a counter terrorism operation. it strikes military fates the new schon...
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they fled to the homes to this comes in russell and southern gaza exemption gotten into by his feed used to be joyful. monsieur was beautiful. we used to make these pastries with loved ones and distribute them, but nowadays, and had there's no joint need. and so, and because we've been displaced from our homes, you know, in this, our family members have been killed the due for a student guys assessing. and if so, that's the values of each doesn't bring as much joy anymore that in the mind, crowd sky, the in this small kitchen, the city of dade, on follow in central garza to buy supplies for the religious holiday. here to the annual festivities, overshadowed by the ongoing conflict and food shortages have led to price spikes while they're on top of because of the war here in gaza, there's no service or joy. the prices are too high. no one is able to enjoy e u. n. trucks arrived in data by law to the 1st time in 2 months, distributing critical supplies among several schools and shelters. but this when huge trickle of age does not go far enough to help the palestinians who are sheltering he
they fled to the homes to this comes in russell and southern gaza exemption gotten into by his feed used to be joyful. monsieur was beautiful. we used to make these pastries with loved ones and distribute them, but nowadays, and had there's no joint need. and so, and because we've been displaced from our homes, you know, in this, our family members have been killed the due for a student guys assessing. and if so, that's the values of each doesn't bring as much joy anymore that in the mind,...
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Apr 12, 2024
04/24
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the russell 2000 still profitable companies, raises the hurdles for them too much. for whatever reason that's now the trading algorithm, yields up sell small caps. i don't know. i'm more interested in is are the cyclicals beating the defensives and tells you more about the undered pinnings of this rally beyond ai names than to me is the average median stock doing better or worse than the average. >> you've made the point repeatedly that bull markets aren't up ended by a too strong economy. >> not only that. if you really think inflation is like not going to go down further from here or sticky and bumpy and the fed will not have a way, then inherently means you have to be worried about the fed earoring. >> i mentioned contessa brewer. what's up? >> you know we're watching the markets and having some geopolitical jitters where it comes to the middle east and president biden was just giving comments from the white house for the national action network, the potential of an escalation of conflict between iran and israel. he said he didn't want to get into specifics, but
the russell 2000 still profitable companies, raises the hurdles for them too much. for whatever reason that's now the trading algorithm, yields up sell small caps. i don't know. i'm more interested in is are the cyclicals beating the defensives and tells you more about the undered pinnings of this rally beyond ai names than to me is the average median stock doing better or worse than the average. >> you've made the point repeatedly that bull markets aren't up ended by a too strong...
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the russell 2000 is getting hit harder than all these other major indices. you have united health which is a huge anchor on the dow. you have got these tech names on the s&p and all these others and here's the thing though, this is the russell 2000. it has been in a nice stealth rally and more recently it has held above these key moving averages but on days like this it gets anker and it feels brutal. i want to bring in market gauge managing director michele schneider. the russell 2000 still above key moving averages but as these wild things how does the investor approach investing in the russell 2000 knowing these names can be more volatile than the rest of the market? >> one of the most important things about investing in small caps or mid-caps, really having an understanding not just the ones that are doing very well momentumwise, but also ones with good balance sheets and strong earnings growth and if you stuck to that, you have actually outperformed the regular 2000 stocks that are in the small caps and probably kept up pretty well even with some of the
the russell 2000 is getting hit harder than all these other major indices. you have united health which is a huge anchor on the dow. you have got these tech names on the s&p and all these others and here's the thing though, this is the russell 2000. it has been in a nice stealth rally and more recently it has held above these key moving averages but on days like this it gets anker and it feels brutal. i want to bring in market gauge managing director michele schneider. the russell 2000...
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when this town went by a different name, russell city. it was founded in 1853, just three years after california entered the union. this tree is now the only reminder of what was to be here to see. >> you know, companies here like making generational wealth out of what was just our home. you know, it hurts for sure. definitely. >> long before these two cousins were born, their great grandmother, jesse mae johnson henry and great grandfather, bernie patterson johnson, had settled in san francisco's fillmore district, eventually forced out of that neighborhood due to housing discrimination. in the 1950s, they became part of another thriving community of black and latino families. christine's dad, jonathan, remembers his grandmother telling him about the magic of this town. >> my family always used to share this great stories of the community. russell city was a very thriving community, very close knit kind of agricultural community. you know, it wasn't a lot of, you know, jobs and opportunities for individuals. >> so why would anyone move h
when this town went by a different name, russell city. it was founded in 1853, just three years after california entered the union. this tree is now the only reminder of what was to be here to see. >> you know, companies here like making generational wealth out of what was just our home. you know, it hurts for sure. definitely. >> long before these two cousins were born, their great grandmother, jesse mae johnson henry and great grandfather, bernie patterson johnson, had settled in...
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i mean, the tool cost is for the residents and for those displays people in, in russell. and if you use the word charging, it's also not really describing the situation there are as strikes and strikes on the city as well as the war is going on. and we've been talking to people the in the past week. so it's been saying as we don't know where to go, we don't know what to do and they're very, very concerned about these announcements that are coming every other day that an operation is imminent. yeah, and that is part of why the us, for example, is calling for an immediate cease fire, and a mazda in israel, both send delegations to cairo for truth talks on sunday. mazda, which is, of course, considered a terrorist organization by many states, as it is now studying the terms of a new proposed true steel. what more can you tell us as well this came of to high levels, talks the by the mediators, and also work with the, the u. s. over the weekend. now we understand that hum us has said that it's this proposal that was submitted by egypt and cutoff a to how much doesn't need any
i mean, the tool cost is for the residents and for those displays people in, in russell. and if you use the word charging, it's also not really describing the situation there are as strikes and strikes on the city as well as the war is going on. and we've been talking to people the in the past week. so it's been saying as we don't know where to go, we don't know what to do and they're very, very concerned about these announcements that are coming every other day that an operation is imminent....
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and russell will have to be taken only after the population has been evicted. this is something the americans are demanding. israel has agreed to that and it will take weeks and weeks. what does this withdrawal mean for this cease fire deal that never seems to happen, but always so close, right? that's interesting questions because as well as always, you know, officially try to to, to say that the only way to get from us to get any concessions in agree to anything on the, on the negotiations about the cost of deal is food applying military pressure and a lot of it and this is whether they've been doing and the last 6 months we've seen over 32000 palestinian casualties due to that pressure. and so is what kind of a drawing it's force is. it also means a slow redraw of that position of the, of only pressure will be the one bringing any, any breakthrough in the negotiations. it could be connected to the fact that now you're know, we know that the talks are being resumed is gonna the, and you'd have the patient's going, you know, in and out of cairo in the next sta
and russell will have to be taken only after the population has been evicted. this is something the americans are demanding. israel has agreed to that and it will take weeks and weeks. what does this withdrawal mean for this cease fire deal that never seems to happen, but always so close, right? that's interesting questions because as well as always, you know, officially try to to, to say that the only way to get from us to get any concessions in agree to anything on the, on the negotiations...
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but the events still raised the alarm with the head of the agency, russell grossey, again warning of the dangers of attacking nuclear facilities. ukraine has denied russian accusations that it was behind the strike. a rush to seize control of this operational plant. in the 1st weeks of its invasion in 2022, both sides have relied heavily on drones to carry out attacks during the war since and in recent weeks, russia has repeatedly targeted ukrainian, the energy infrastructure. using a range in made sha head drones. but a special group of volunteers is fighting back against them. our corresponded young philip schultz as more they are among rushes, most feared weapons shot had james. they asked me cheap and available in huge quantities. judge you have getting present, said has taken up his own personal bottle against the drones, is doing the day. is that said, what keeps administrative quote. acosta work. he slips his coat dress, so come a fraud and starts hunting drones. he and other judges take up position on a high rise building on the outskirts of the city, the most important weapo
but the events still raised the alarm with the head of the agency, russell grossey, again warning of the dangers of attacking nuclear facilities. ukraine has denied russian accusations that it was behind the strike. a rush to seize control of this operational plant. in the 1st weeks of its invasion in 2022, both sides have relied heavily on drones to carry out attacks during the war since and in recent weeks, russia has repeatedly targeted ukrainian, the energy infrastructure. using a range in...
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Apr 30, 2024
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russell: that's right. just taking interest income as one example, he has written the wave of massive rate increases, that environment that has helped other bank's lending income. now they are looking at rate cuts, albeit delayed perhaps. that is just one area where there are going to be challenges with a potential squeeze on the interest income. then of course as mentioned, the geopolitical challenges. quinn came in, china was the market to be into, all banks were trying to get into there. china was deregulating the banking sector. now these banks realize they have to be in the market, but the market is slowing and china has obviously immense challenges. hsbc has been caught up in the property debacle there, writing down a lot of assets in that sector. there are challenges going forward for a successor, that is for sure. paul: here are some of the other big corporate stories we are following. starbucks shares tumbling in extended trading after it posted its first sales drop since 2020. the company reported
russell: that's right. just taking interest income as one example, he has written the wave of massive rate increases, that environment that has helped other bank's lending income. now they are looking at rate cuts, albeit delayed perhaps. that is just one area where there are going to be challenges with a potential squeeze on the interest income. then of course as mentioned, the geopolitical challenges. quinn came in, china was the market to be into, all banks were trying to get into there....
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russell getting clobbered here, down 1% or 24 points. and, of course, this has to do with a big swing where oil started to spike at around a 1:30 p.m. eastern after news was made that president joe biden had had a phone call, a tough one, with benjamin netanyahu, saying ceasefire now. and now former president trump is weighing in. this is breaking news, speaking to hugh hewitt, the radio talk show host, the conservative radio talk show host. trump, in's essence, saying he does not like -- he's not sure he likes the way israel is handling this situation in gaza. you have got to get it over with, quote, and you have to get it back to normalcy. the former president saying let's get back to peace and stop the killing people, and that's a very simple statement, trump said. they have to get it done, get it over with. meaning the war against hamas in gaza. and then go back to normalcy and peace. so if we can just dip in to the volatility index, it continues to climb now, up about 17%. this session alone are. of course, all of this developing in
russell getting clobbered here, down 1% or 24 points. and, of course, this has to do with a big swing where oil started to spike at around a 1:30 p.m. eastern after news was made that president joe biden had had a phone call, a tough one, with benjamin netanyahu, saying ceasefire now. and now former president trump is weighing in. this is breaking news, speaking to hugh hewitt, the radio talk show host, the conservative radio talk show host. trump, in's essence, saying he does not like -- he's...
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with egypt. israel has set it will expand of ground defensive into russell. despite international goals for his trained, the residence of the west bank launched a general's flight closing the shops and other businesses of the is very top rated a refugee camp in the territory, the palestinian woodcress. instead of these 14 people were killed and dozens injured. israel saves of targeted militants during account of federalism operation . it strikes military fates the refugee camp in the northern part of the restaurant. after not many killed and injured dogs, boost doors, and homes destroyed. for another canal you, my son was sleeping there, so he had gone to wash himself and then he prayed. and when home is the home, is higher of there was a slide for in front of him was shots him. i heard the son of the shooting. my oldest son when ups there and found he was bleeding to the blood test. look at these flat palestinians describe phases, drive it as president fit. yup. and of the model. i mean, it'd be within that there is indeed complete destruction of homeless shop law electricity grid. too
with egypt. israel has set it will expand of ground defensive into russell. despite international goals for his trained, the residence of the west bank launched a general's flight closing the shops and other businesses of the is very top rated a refugee camp in the territory, the palestinian woodcress. instead of these 14 people were killed and dozens injured. israel saves of targeted militants during account of federalism operation . it strikes military fates the refugee camp in the northern...
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Apr 24, 2024
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>> in some parts, the russell suffers from somewhat of a bend -- benchmark issue. not everything in the russell is something you want to buy, you certainly want to pick your spots. i believe goldman has been clear on that, we believe this is a market you want to be active in. and by the way, not just in the u.s., ex-u.s., it is an opportunity, as well, but there are a lot of tailwinds behind that and we are all exposed -- most institutional investors have to be exposed to the u.s. equity market, so they are just looking for other ways they can gain that exposure when they have already expressed so much frustration this year. think about if you were in asset management this year. how frustrated would you be? it has been tough? so, i think they are looking for, what else is there? is there an alternative to this, is there an alternative to what we are in now? >> let's take the large-cap thing for a moment. we have meta reporting tonight and in the subsequent days we will have other big ones, too. how do you feel about mega cap tech right now? >> i think there has bee
>> in some parts, the russell suffers from somewhat of a bend -- benchmark issue. not everything in the russell is something you want to buy, you certainly want to pick your spots. i believe goldman has been clear on that, we believe this is a market you want to be active in. and by the way, not just in the u.s., ex-u.s., it is an opportunity, as well, but there are a lot of tailwinds behind that and we are all exposed -- most institutional investors have to be exposed to the u.s. equity...
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Apr 7, 2024
04/24
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and within the next few hours, russell cook, nicknamed the "hardest geezer," is set to complete his mammoth task — running entire length of africa. you join us youjoin us in you join us in southern israel. we are in the town of sderot, which lies not farfrom are in the town of sderot, which lies not far from the gaza boundary. you can see the northern gaza strip on the horizon. it was here and october 7th six months ago that hamas fighters stormed into towns and that they then took more than 250 hostages and killed more than 1000 people. the attack sparked what's become the deadliest and most destructive israel—gaza war, killing over thirty—thousand palestinians according to the hamas run health ministry. the un says it gaza is now on the brink of famine. here in israel, the hostages are described as an open wound. there are there a re protests there are protests across tel aviv demanding that the government does more to bring hostages home. their anger was intensified by news that our body was recovered in another military operation. elad katzir was taken on october and seventh, alon
and within the next few hours, russell cook, nicknamed the "hardest geezer," is set to complete his mammoth task — running entire length of africa. you join us youjoin us in you join us in southern israel. we are in the town of sderot, which lies not farfrom are in the town of sderot, which lies not far from the gaza boundary. you can see the northern gaza strip on the horizon. it was here and october 7th six months ago that hamas fighters stormed into towns and that they then took...
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Apr 10, 2024
04/24
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the russell. the russell is down 2.5%. >> it's okay today. moment sum is a factor. represented by nvidia and meta, when that's higher, that softens the blow as well. the a.i. halo is still there. i think the playbook for 2024 is firmly entrenched. >> all right, weiss, to you last but not least, obviously. anything change in your mind from this read today? >> today is not a bad day. down 500, we're still talking about the market is down 1% plus,which is nothing given where we've come from. but it's not really changed from my investment case. i'm strictly bottoms up fundamental. of course i pay attention to rates. macro will influence bottoms up fundamental investing. but, to me, this puts any rate cut this year in doubt because i anticipate tomorrow's ppi being stronger than what the market is looking for, number one, and that's not even incorporating the run we've seen in commodities. so if you go out to the next numbers, you're going to continue to see hot numbers. so i think that's a mischaracterization of powell, frankly, saying he's dovish. he's neutral right no
the russell. the russell is down 2.5%. >> it's okay today. moment sum is a factor. represented by nvidia and meta, when that's higher, that softens the blow as well. the a.i. halo is still there. i think the playbook for 2024 is firmly entrenched. >> all right, weiss, to you last but not least, obviously. anything change in your mind from this read today? >> today is not a bad day. down 500, we're still talking about the market is down 1% plus,which is nothing given where...
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Apr 19, 2024
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i think if you look at the russell 1,000 growth, and i look at the russell 1,000 value, and back in february, february 9th, the spread was 900 basis points. growth was outperforming value today you're at 250 basis points that spread has narrowed it is more than anything but tech we are seeing energy as we talked about, financials have really come back nicely after they reported earnings and when they all sold off, a lot of people -- i was adding to morgan stanley you've had materials do well and so tech at the same time has actually kind of rolled over >> but why why is the rotation? >> it's all about interest rates. you don't want to own long duration assets if rates will stay higher for longer it's clear that we're going to have higher rates for longer whether they cut once. i don't think they'll cut at all this year. point being -- >> you're also in the no-cut camp, which is getting more attention. >> i'll take the other side of that i think cuts are on the table. you look at july from the cme group, still 45% probability now i look back to january when they released the december retail s
i think if you look at the russell 1,000 growth, and i look at the russell 1,000 value, and back in february, february 9th, the spread was 900 basis points. growth was outperforming value today you're at 250 basis points that spread has narrowed it is more than anything but tech we are seeing energy as we talked about, financials have really come back nicely after they reported earnings and when they all sold off, a lot of people -- i was adding to morgan stanley you've had materials do well...
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Apr 6, 2024
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george russell's camping got off to a bad start. that cost mercedes more than £4000 after race stewards fined them. salt in the wounds after russell's worst qualifying this year, seeing him start in ninth. lewis hamilton was feeling chipper, though, after his best qualifying of the season saw him in seventh. i hope where i put the car is going to be good in the race tomorrow, and it will be about management and strategy. pit stops, maximising everything along the way, and hoping we can ship off and leapfrog some guys up ahead. i'm excited, definitely more amped. i know we are seventh, it is not the greatest, but we can work from here. the honour of being the best british driver went to lando norris. he will start in third, and will be hoping he can at least match a second—place finish last year. we can be tough, and i don't think we were expecting p3, we knew it can be tough, and i don't think we were expecting p3, and to be only two tenths off red bull, so i think that is a good thing. hgppy happy with the result. with team—ma
george russell's camping got off to a bad start. that cost mercedes more than £4000 after race stewards fined them. salt in the wounds after russell's worst qualifying this year, seeing him start in ninth. lewis hamilton was feeling chipper, though, after his best qualifying of the season saw him in seventh. i hope where i put the car is going to be good in the race tomorrow, and it will be about management and strategy. pit stops, maximising everything along the way, and hoping we can ship...
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thank you so much as always, that is dw russel's correspondent terry shells for us let's bring up the speed now with some other world news headlines. adoption state media say that the bodies of 6 or an 8 workers kills and is rarely airstrikes, have been brought across the border from gaza. the victims include citizens of australia, poland, to the u. k and the us who are working for the n g a world central kitchen of allison in stock number was also killed. israel has blamed the strikes on a mis identification and called them a grave mistake. north korea says it has tested a hypersonic missiles that can be fitted with nuclear warheads, leader kim jong, and praise the successful test of the solid fuel system which can launch faster than traditional missiles. it comes a day after japan and south korea detected the north korean missile fired into the sea. between those countries you're gone. this constitutional court has rejected a bid to overturn one of the world harshest anti homosexuality laws. the legislation passed in may last year, criminalizes same sex acts with punishments, includ
thank you so much as always, that is dw russel's correspondent terry shells for us let's bring up the speed now with some other world news headlines. adoption state media say that the bodies of 6 or an 8 workers kills and is rarely airstrikes, have been brought across the border from gaza. the victims include citizens of australia, poland, to the u. k and the us who are working for the n g a world central kitchen of allison in stock number was also killed. israel has blamed the strikes on a mis...
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Apr 4, 2024
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the russell up 1%. a switch above the boards. the bond market is not doing much of anything and you have to wonder what the pain train will be. a hot or cool number. crude taking a little bit of a break as it makes the run to $85 and spot gold reaching 2300. another record high. now really questioning the markets like why is gold higher? sonali: thank you. i am here with the hunter point executive chairman bennett goodman and they just secured three point 3 billion for acquiring stakes in private fund managers. this has been a hot business across all of wall street that you no longer -- you not only have the largest ever first-time fund that exceeded your target by $800 billion. what was it like going out to talk to investors at a time where otherwise fundraising has dried up? >> it is difficult fundraising. we had the advantage of a differentiated product. in our strategy we try to position hunter point to be a strategic partner for growth where we provide not just capital, but other strategic capabilities to help them grow and
the russell up 1%. a switch above the boards. the bond market is not doing much of anything and you have to wonder what the pain train will be. a hot or cool number. crude taking a little bit of a break as it makes the run to $85 and spot gold reaching 2300. another record high. now really questioning the markets like why is gold higher? sonali: thank you. i am here with the hunter point executive chairman bennett goodman and they just secured three point 3 billion for acquiring stakes in...
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Apr 4, 2024
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for more on this, let's speak to our tennis correspondent russell fuller, who's been speaking to wta's chief executive steve simon. russell, it's been long rumoured and much talked about but the confirmation today that saudi arabia will host the wta finals. yes, this was the worst kept secret in tennis if you like. there was a possibility that the wta finals will be staged in riyadh late last year but in the end the wta decided to go to the mexican resort of cancun where it wasn't an altogether successful event and now a three—year deal for saudi arabia to stage it in the capital riyadh and the prize money will increase slightly in years two and three in this year's some instance of a $15 million, just over £12 million and thatis million, just over £12 million and that is some significant because it is fractionally more than the atp were offering for last year's end of season atp finals and it's very much in line with the wta's drive to try and create equal prize money, virtually across the board by 2033 but it will not come without its criticism. chris everett and martina navratil
for more on this, let's speak to our tennis correspondent russell fuller, who's been speaking to wta's chief executive steve simon. russell, it's been long rumoured and much talked about but the confirmation today that saudi arabia will host the wta finals. yes, this was the worst kept secret in tennis if you like. there was a possibility that the wta finals will be staged in riyadh late last year but in the end the wta decided to go to the mexican resort of cancun where it wasn't an altogether...
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Apr 8, 2024
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i think there is untapped opportunity in the russell 2000. we talk about everything hopefully my list of financials will hope cure rate your interest in the space and we're keeping track of every one we may build a etf there may be a ben etf he loves to hear his name constantly just kidding see really good. much more "mad money" ahead. including my conversation with ferguson it's a commercial construction company with small residential and if you are negative on cap takeaways, you better be prepared to pay the price. we learn this the hard way with one of our stocks in charitable trust, and you know it, the stock. what doing being negative. and all your cars rapid-fire in tonight's edition of the "lightning round." so stay with cramer. >>> these two rocky towns are booming, facing soaring success and critical change. >> our biggest challenge is managing the growth that's in place. >> cities of success, denver and boulder. premieres thursday, 10:00 eastern. cnbc. ♪ >>> if you believe that rates will come down this year, i'm still a believer,
i think there is untapped opportunity in the russell 2000. we talk about everything hopefully my list of financials will hope cure rate your interest in the space and we're keeping track of every one we may build a etf there may be a ben etf he loves to hear his name constantly just kidding see really good. much more "mad money" ahead. including my conversation with ferguson it's a commercial construction company with small residential and if you are negative on cap takeaways, you...
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Apr 23, 2024
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the russell 2000 has, i don't know, 1850 stocks in it. so, in an environment of lower realized correlations, and dispersion, you do not want to go with this trend. and even the zombie companies, which are much more dominant in an index like that, it is not just about whether you are a zombie, meaning you don't have special cash flow to pay interest on the debt. it is, what is your actual revenue and earnings profile? you can be a zombie company, but if you have decent, nominal growth, you can grow those revenues and it can be an offset. it is the zombie companies in the nonprofitable category that represent the truly nonprofitable companies and that is what i would stay away from. but, i think you have to have a fine tooth comb with the kind of mecca part truck -- market backdrop that we have now, not as it relates to a category as large as small caps. >> let's bring in a couple of other voices now, liz young, and malcolm, cnbc contributor. good to have you both. >> good to be her. >> liz, you heard liz ann. what do you think? >> hi! >> h
the russell 2000 has, i don't know, 1850 stocks in it. so, in an environment of lower realized correlations, and dispersion, you do not want to go with this trend. and even the zombie companies, which are much more dominant in an index like that, it is not just about whether you are a zombie, meaning you don't have special cash flow to pay interest on the debt. it is, what is your actual revenue and earnings profile? you can be a zombie company, but if you have decent, nominal growth, you can...
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Apr 20, 2024
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for instance in the small-cap the russell 2000 index is out about 4% is ten percentage points behind the s&p 500 you can buy, etf on the russell 2000 as well as the s&p small-cap index, emerging market has been logging for a decade and are barely higher in the last decade a number of etf in mutual funds including the iem gtf or vw oh etf. >> for people worried about exposure to china this etf emerging markets. >> two or 3% and their very much out-of-favor particularly right now the emerging markets. jack: what would you recommend. >> i minister with gold i've been a fan for a while, this run is interesting we're hitting new highs, maybe not for inflation but there hitting new highs and right now you can get with the average tax refund gold is 2400 announce you can get an ounce for less than the average refund that is not a bad place to be. the other thing i like cash 5% yield letter out there you can get the high-yield accounts and go to a money market fund, you can even go to treasury direct and by bills yourself in that way as andrew told us, you had to pay state taxes on that and
for instance in the small-cap the russell 2000 index is out about 4% is ten percentage points behind the s&p 500 you can buy, etf on the russell 2000 as well as the s&p small-cap index, emerging market has been logging for a decade and are barely higher in the last decade a number of etf in mutual funds including the iem gtf or vw oh etf. >> for people worried about exposure to china this etf emerging markets. >> two or 3% and their very much out-of-favor particularly right...
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so a capacitance of the, the russell coming from the toner or sicily. but i'd like to sort of, since i could, i was just, i didn't get to the the, and that's what this, what it says on there. is it the most common area? some of the lowest to do to maybe musicians and the cards to show a car, your son in law, if it were serious, serious, or bruce different to just to say listen, but this idea is that the way for me it was for new total. jalar did supplement some of the papers in the officers, but this individual lives and we do to push us to them for the to be able to send a bill, mitchell, mitchell, disposal of the the men do not. so now, and that is where we just put it on the cover . so from devon, i need to start from there. so is there anything in particular or nearby or cellphone that my so that you call to see when you might just click that? i got the source and it was asking for to screw the the notable to us sorta sorta preferred you forms possible for me. it was sort of sort of stupid because searching and much so just not to to, to bring of th
so a capacitance of the, the russell coming from the toner or sicily. but i'd like to sort of, since i could, i was just, i didn't get to the the, and that's what this, what it says on there. is it the most common area? some of the lowest to do to maybe musicians and the cards to show a car, your son in law, if it were serious, serious, or bruce different to just to say listen, but this idea is that the way for me it was for new total. jalar did supplement some of the papers in the officers,...
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Apr 27, 2024
04/24
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that is danny russell, vice president at the asia society policy institute. around the world and across the u.k., you are watching bbc. ♪ ♪ ♪ >> in the united states, joe biden said he will debate donald trump ahead of this year's presidential election. it is the clearest declaration yet of his willingness to debate face-to-face with his repuican rival before voters cast their ballots in november. it is worth noting that when previously asked, mr. biden said a debate would depend on how his rival behaved behaved. mr. trump has not responded. he's spent the day in new york as his hush money trial continues. the prosecution is continuing to outline his case mr. trump falsified business records to cover up a payment to the adult film star stormy daniels in the run-up to the 2016 election. here's mr. trump arriving at court earlier today. >> i think yesterday went very well in this courthouse. it should be overcome of the case is over. you heard what was said. the case should be over. but you will have to make that determination. i think we have a judge wil
that is danny russell, vice president at the asia society policy institute. around the world and across the u.k., you are watching bbc. ♪ ♪ ♪ >> in the united states, joe biden said he will debate donald trump ahead of this year's presidential election. it is the clearest declaration yet of his willingness to debate face-to-face with his repuican rival before voters cast their ballots in november. it is worth noting that when previously asked, mr. biden said a debate would depend on...
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Apr 16, 2024
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that's in the russell 2000 right now. >> so the market is telling the story correctly? >> it's saying this is a great buying opportunity. >> is it? >> you have to look forward. i could be wrong, scott. plenty of times i've been on the show i've been wrong. you'll make the decision whether what i'm saying makes sense or not. in a high growth environment, the atlanta fed gdp -- >> i said it, 2.8. >> 2.9. >> i was wrong. >> week after week after week, it is reasonable to expect profit growth. you see estimates coming down. trading at 14 times forward earnings. i'll take that in a strong economy. >> josh, do you think people should buy small cap stocks right now? >> it should be a part of people's allocation. i don't know overweighting them from a timely perspective is something anyone needs to urgently do. it's not as if you don't have value stocks that are larger, a lot of names have now come in. are you forced to overweight small caps? no. why bother? i don't think that's where we are in the cycle or i'd be in a rush to do. >> some would suggest this has the makings of a
that's in the russell 2000 right now. >> so the market is telling the story correctly? >> it's saying this is a great buying opportunity. >> is it? >> you have to look forward. i could be wrong, scott. plenty of times i've been on the show i've been wrong. you'll make the decision whether what i'm saying makes sense or not. in a high growth environment, the atlanta fed gdp -- >> i said it, 2.8. >> 2.9. >> i was wrong. >> week after week after...
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russell cook has done it.— entire length of africa. russell cook has done it. day 349. over runnina cook has done it. day 349. over running the _ cook has done it. day 349. over running the entire _ cook has done it. day 349. over running the entire length - cook has done it. day 349. over running the entire length of - cook has done it. day 349. over i running the entire length of africa. he has run through desert, rainforest, savannas, mountains, jungles, and 16 countries. he has so far raised nearly £700,000 for the running charity sandblast. he has had complications with his health... visas... the weather... and he was even robbed at gunpoint. i visas. .. the weather... and he was even robbed at gunpoint.— even robbed at gunpoint. i was re even robbed at gunpoint. i was pretty terrified, _ even robbed at gunpoint. i was pretty terrified, i _ even robbed at gunpoint. i was pretty terrified, i won't - even robbed at gunpoint. i was pretty terrified, i won't lie. - even robbed at gunpoint. i wasj pretty terrified, iwon't lie. but he has taken _ pretty terrified, iwo
russell cook has done it.— entire length of africa. russell cook has done it. day 349. over runnina cook has done it. day 349. over running the _ cook has done it. day 349. over running the entire _ cook has done it. day 349. over running the entire length - cook has done it. day 349. over running the entire length of - cook has done it. day 349. over i running the entire length of africa. he has run through desert, rainforest, savannas, mountains, jungles, and 16 countries. he has so far...
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Apr 26, 2024
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back with us now from house judiciary, congressman russell fry, it's good to see you. this story true? the biden white house got at least 13 u.s. banks also including paypal and western union to spy americans private financial transactions without any court warrant and any allegations of crimes charged after january 6. the civil liberties issue. >> met is the crux of where we are at. the concern is we know this is bank of america we no space on testimony that come before the committee that other banks were involved. here's the thing from of the fourth amendment is not a suggestion, it's a requirement the federal government obtain a warrant if they have reason to believe you are engaged in a criminal enterprise criminal activity. cut not done herself if you purchase the bible, the bible story, you visit gander mountain, your tank is a potential target under this and what we have seen from this white house this administration is this emphasis urgent to private data. the banks are composite as well turning it over voluntarily the federal government is at the center of thi
back with us now from house judiciary, congressman russell fry, it's good to see you. this story true? the biden white house got at least 13 u.s. banks also including paypal and western union to spy americans private financial transactions without any court warrant and any allegations of crimes charged after january 6. the civil liberties issue. >> met is the crux of where we are at. the concern is we know this is bank of america we no space on testimony that come before the committee...