and is a soft landing for the u.s. economy still possible, or are we heading toward a recession? let s ask the chairman and ceo of baird company. jason, nice of you here. lots of turmoil in the financial markets. i wonder what you think they re telling us. is this just the end of easy money with higher rates adjustment and the adjustment to that, or is it something deeper in the economy? i think it primarily is an end to easy money, and the fact really is that the fed has obscured what the rate in the markets has been for 13 year. so there s an adjustment period right now. i think most of the decline in stocks thus far has been associated with higher interest rates and an acknowledgment the that inflation is a little bit more structural. what you haven t seen yet and which is somewhat concerning for us is that you haven t seen earnings expectations for, for many companies come down yet. and so right now it would be hard to say that the market is telling you there s going
welcome to all of you watching us here in the united states, canada, and all around the world. i m kim brunhuber. ahead on cnn newsroom. a u.n. team travels to gaza s hospital to witness its desperate conditions firsthand.. the scenes one of them describe as a death zone, ahead. residents of one kibbutz describe the moments of the terrorist attack and why they fear the israeli government could let them down again. plus, trump s return to iowa as the state s caucuses draw near, the former president ramps up attacks on president biden and some of his most explicit rhetoric yet. it s 4:00 a.m. here in atlanta, 11:00 a.m. in gaza, where we re expecting to learn new details about a large explosion at a u.n.-run school being used as a shelter. one u.n. official called the carnage horrifying. i have to warn you, the video is graphic. the source of the blast hasn t been determined and no confirmed casualty figures are yet available. the israeli military says that it is aware of
reservoir. now it has shrunken after the dam which was created, was blown up. we will have more on this in the coming hours. elsewhere in the country, kyiv is still saying it has recaptured some villagers from russian forces. we will be hearing from bbc verified, you have been looking on the ground. let s recap what has been happening so far. this footage, released earlier today by the separate infantry brigade, a sewing forces recapturing village. this village is in the donetsk region, in the country s south east. it has been in russian occupation for much of the war. it is not far from the settlements that we have been reporting from over the last 2a hours, as one of the first place as
the supply, cut the logistics, the same as we do with my participation. when you look on the tv you see the picture of peaceful kyiv. this is not true. almost every single night, russian missiles hitting kyiv duck. lets cross live now to the senior director of the atlantic council s centre. thank you forjoining us. we are hearing a little more detail about this counteroffensive, that has been very much anticipated, but this is still very early days. correct. they have been probing along a 1200 active front line for weaknesses, and not committing their forces in a major way. we
about some of the more controversial elements of mr berlusconi s life, shall we say. let s turn to ukraine the country has remained tight lipped about the much anticipated spring counter offensive. today, they re claiming some victories. my colleague yalda hakim is in kyiv. thank you. as you say, the ukrainian side is claiming some victories, although it is still early days. the president, president zelensky, told a press conference a few days ago that the counteroffensive has begun. we have started to see some developments, although it is still so difficult to get information from the battlefield. let s just tell you what we know so far. i m going to show you some footage which was released earlier today by ukraine s 35 separate marine infantry brigade, it s described as showing ukrainian forces recapturing a village in the