top of a brand new hour on cnn newsroom. goold good to have you with me. i m victor blackwell. plunging stocks, rising prices, recession fears. the s&p 500 entered bear market territory, dropping 20% from recent peaks. one bear market in the last 50 years was not accompanied by a recession. cost of living keeps rising, home prices are driving rents to a high. 17% from last year. gas prices are soaring. the national average, 4.59 per gallon, $0.30 more to fill up the tank than the day before russia invaded ukraine. let s start with the s&p 500 now into bear market territory today. what could that mean for the economy at large? well, victor, this is a flashing red light about the u.s. economy. if the s&p 500 closes below 38 s 38.37, and you can see it s trading just above there, if it closes below, it s officially a bear market, a 20% decline from previous highs. this would mean that the bull run that began in late march 2020, would be over. this is a big deal because bear ma
I want to tone things down a little bit here and First Express my gratitude for the thousands of men and women who work every day on the front line with the fbi. I come from a background as a prosecutor and our local Law Enforcement work with the fbi every day in our local office in minnesota, and then in the senate, ive had the privilege to work with many, many people in the fbi. And i think the Inspector General hes job is incredibly important. He keeps everyone honest. But i do think this it is important for those t agents an those in Law Enforcement that are watching today that people understand there are people up here that understand that you are simply doing your jobs. Which i think is basically some recommendations Foric Change Wh the Inspector General found in this report. So before iis start my question
i think that it is important to put this discussion in context in the 2016 election which is why we are here today. It is nowe undisputed by our Intelligence Agencies that rus
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response. it my guess is they re planning something that would effectively mean the end of the russian army in ukraine. fascinating. and scary to think about it. fareed zakaria, thank you so much. great talk to talking to you as always. and reminder to tune in tonight for fareed s special on supreme court. it is critical, supreme power begins at 8:00 p.m. eastern right here on cnn. we ll be right back. his investt in real time and that s. how you collt coins. your money never stops working r you with merrill, a bankf america company.
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