steve: higher index report is expected later this week. as the economist warns the damaging recession. high probability of a damaging recession that was totally avoidable. they re going to put us into one. rodgers! looking! recovered underneath and the giants come from behind and knock off the packers! carley: a fox news alert. explosions rocking kiev with officials reporting several people killed and dozens more injured. brian: and the u.s. embassy warning americans in ukraine to shelter in place. steve: widespread electricity and water outages are being reported across the country as russia targets energy infrastructure. trey young joins us live from karkiev. it sounds as if this is a revenge attack by mr. putin against the ukrainians for that bridge blowing up a couple of days ago. good morning. it does appear this is the russian revenge for that bridge destruction that took place on the main artery between russia and crimea over the weekend. today, russi
want to destablize his chance of getting that third term. that will be in place the end of this month, he ll be able to get ahead of the taiwanese election in 2024 and maybe the u.s. presidential election where a new u.s. president could take office in 2025, xi may not want to take that risk. what that means is when china goes for taiwan, that island is the fountainhead for making most of the advanced chips that supply our iphones, computers, electronic life as we know it including here in the united states. and i think that s a disasterous economic scenario for the united states. if china holds the keys to our access to taiwanese semiconductors, but one of the ways to prepare is for u.s. semiconductor companies to start investing in manufacturing production capability here at home now and that s what this fund encourages and that s what strive does through this fund is encourages those companies to start preparing for that risk now. ironically, something that nearly every other major