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you can buy me a boat ♪ [laughter] rachel: i'm sorry, we didn't mean to karaoke that, but it's so good. will: welcome to "fox & friends." st the new york boat show later coming up in the show. pete: that's what i want. pontoon, baby. will: you want a pontoon? because it's the nothing but a good time. pete: it's just a a floating living room -- rachel: with a cooler in it. will: one that had a couch on it, an actual couch that he put on it. [laughter] pete: that's amazing. rachel: i love that. sean loves his boat. he likes to wake board though, and some of the boats are can do that....

economy in the world, the world, the world. maria, no actually, the economy contracted 1.5% in the first quarter. and now predictions it's about to get much worse as the federal reserve moves to the the raise interest rates again this upcoming week. >> it's a hurricane. it's -- right now it's kind of sunny, things are doing fine, everyone thinks that they can handle this. that hurricane is right out there down the road coming our way. >> i think that we're really heading for lehman-type moment here. i think, and listening to institutional investors, the marks on private ec by -- equi...

economy in the world, the world, the world. maria, no actually, the economy contracted 1.5% in the first quarter. and now predictions it's about to get much worse as the federal reserve moves to the the raise interest rates again this upcoming week. >> it's a hurricane. it's -- right now it's kind of sunny, things are doing fine, everyone thinks that they can handle this. that hurricane is right out there down the road coming our way. >> i think that we're really heading for lehman-type moment here. i think, and listening to institutional investors, the marks on private ec by -- equi...

You say -- we might want to know, what are all these things flying around that we don't know what they aresome. pete: i'd like to know for defense purposes, ultimately. will: and that brings you to area 51. pete: do our adversaries have capabilities that we're not aware of? in 1951 declassified documents showed that area 51 was home to a cold war program to create a spy plane. the more scent the government keeps it, the more we want to know. will: over the last year or two, we have -- you asked the foreman head of the dni, and you herald the answer at beginning of the segment, they've begun to...

Anything new. they had the foreman head of the abc news as the price of this thing. but i don't think we learned anything new even with thousands of hours of testimony, no ability for republicans to do any type of cross-examination, i still don't think there was anything new there. you know, it's kind of like the home team playing at home and the ref's on their side, and they still can't one the game. that was sort of my takeaway, and the american people are focused on the things you just mentioned, $5 gas, 41-year high inflation, a border that's no longer a border and crime that's on the rise...