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nearly two years, the dow dropped nearly 1200 points, it came after target reported a huge 52% drop in profits for the first quarter, walmart slashed its outlooks. these stores are pocketing less money because they have to pay so much more to get product on their shelves. wal walmart s stock fell more than 11% on tuesday, the company s worst day since 1987. and then of course there are also gas prices to talk b now above $4 a gallon in every state in america for the first time ever. the national average this morning $4.52 a gallon and climbing and that ripple effect is now hitting markets around the globe. overnight european markets opening lower, stocks also tumbled in asia after wall street s hellish day. inflation fears now depressing investor sentiment, many ceos publicly stating their concerns about a possible recession, something fed chairman jerome powell is keenly aware of. what we need to see is inflation coming down in a clear and convincing way and we r ....
Today. the appointment of putin led to this, you know not a black hole but it led to us not having this intelligence out of moscow, which can only be described as an intelligence failure you said. the fact that they didn t see the putin appointment coming, an intelligence failure on par with pearl harbor and one that is still felt today. it is. we didn t see putin coming because we had no agents around him, they had all been betrayed, and when he comes to power the ambassador to moscow told me, i got better intelligence from moscow taxi drivers than i did the cia. that s how devastated u.s. intelligence was. he s on the record with that. wow. i mean, it s something. listen, you want a good thrill for read, here you go the fourth man. bob baer, always great to have you with us, appreciate it. thank you. thank you. a deadly accident or a case of sabotage. new details about the cause of a china eastern crash in march ....