republican chair cathy lathem, have all agreed to bond deals with the fulton county d.a. s office. for trump, it must be sobering to watch his allies getting arrested. he s used to getting away with everything, from sexual abuse, abuse of power, fraud, tax evasion, but now he faces a fourth criminal indictment with nowhere to hide except maybe russia, russia, russia, the place trump joked about escaping to last night, saying he could share a gold domed suite with vladimir putin, never to be seen or heard from again. see, that s the tell. also a match made in heaven or rather authoritarian hell. but there is another reason that trump should be worried. late today, we learned that a key witness in the mar-a-lago documents case who was i.t. director at mar-a-lago, recanted previous false testimony and provided new information implicating trump and his co-defendants after switching lawyers. this is according to a court
mark meadows, the chief of staff. we haven t seen them in the system at the county courthouse or working with the d.a. s office. it could be a momentous day. a lot of action in this criminal case. to be clear, it s tuesday morning, if i m not mistaken. and they have until friday. i m sorry. i m the one who is lost. you have until friday morning to turn themselves in. the first of the co-defendants just did. we could see a lot of activity in the jail, first off, and also in the courthouse, over the next several days. they have to surrender at the jail, each of the 19 defendants. and they have to reach the bond deals. rudy giuliani, who may not be able to pay virtually anything, we don t know what his deal will be. we don t. that s something to watch closely. who shows up for rudy giuliani as a lawyer. how he brings himself to
time now for business, for that, let s bring in cnbc s julianna tatelbaum who joins us live in london. good morning, julianna. the markets fell pretty sharply on monday but has since rallied. what s helping drive that rebound? good morning, jon. well, it was a really interesting trading session yesterday because on the earnings front we actually saw a pretty mixed bag. but despite that, u.s. equity advance, very significantly, the s&p 500 posted its best day in more than a month. and tech stuff outperformed on the same day that we saw a rise in bond yield. usually, the correlation between bond yields and tech is the office that we usually see, rising bond deals and a pullback in technology stocks but it looks as though the gains may be short lived. u.s. futures point to a pullback at the open today. a lot of that change in
monday s session once we have the inflation data. you can read into that with a tiny bit of relief. the markets are looking to see how the central banks react. in the uk, you did ask about the highest level in 30 years. we ve got inflation 7% up annually for the month of march. a 1.1% increase. just further proves that we needed. the price of goods continue to soar led by energy prices, wholesale, gas prices, particularly which were rising before the ukraine war and have really shot up since. the other dominant story line where you are, of course, is british prime minister boris johnson. he was fined for breaching his own covid-19 lockdown rules. tell us more about that. yeah. and timing absolutely everything of this story, jonathan. because when you take into account how much it s causing in the uk and how annoyed everyone is about it. $195 checks with the government
small businesses feel helpless. you can stop down any bodega down new york city, any avenue, any street. they feel like it s gone out of control. the people that work at big businesses, the secretaries being chased around by homeless men, people getting thrown off of subway plate forms feel the safe. why are they doing that? governor hochul side she wants to work with mr. bragg, cut him some slack. this 180 occurred when that happened. my guess is that kathy wild, some of the senior people in the partnership are like the governor wants to cut them some slack. we do tons of business with the state. guess what? do we give up that business? do we threaten some largesse from albany flowing to our pockets through bond deals, asset management? that s why they backed off. sandra: absolutely.