Time here. here s the good news. we re six months through this. here s the bad news. get ready for six months more of this? welcome, everybody. i m neil cavuto. we begin with lauren simonetti on what happens and what could be coming next. hi, lauren. neil, let me take you back to january 4, 2022. that was the high of the year. dow 36,799. just a few days later, the blue chip average fell over 1,000. that is ringing true this year also.so the day russia invaded ukraine, february 24, the dow went to 33,223. the seventh official correction mark ago 10% decline from that january high. investors paused. spring didn t seem so bad. the war did. commodity costs, they climbed even higher. the federal reserve started to take more drastic action. they raised the rate 50 basis
500 are trading at record highs. indexes. you still have those within highs. indexes. you still have those within the highs. indexes. you still have those within the tourism - those within the tourism sector, not necessarily in the us, some in the us are doing rather well but certainly for the european airlines and also australian for example, qantas yesterday announcing having to tell 2500 people theyjust got to down tools is still very difficult for something is, isn t it? it difficult for something is, isn t it? , ., ., isn t it? it is and frankly there was isn t it? it is and frankly there was a isn t it? it is and frankly there was a statistic - isn t it? it is and frankly l there was a statistic from deutsche bank that said 88% of american companies had beaten analyst expectations, think thatis analyst expectations, think that is because firms are about how the second half be more difficult because apart shortages, bmw said similar things yesterday and that is a trend tha