Stocks are on track for big weekly gains, despite the biggest jump in inflation in nearly 40 years. And even with the nasty headlines, bond yields are moving lower today. We’ll try to make sense of it all. Plus, restaurants are feeling the inflation pinch. We’ll look at who’s hurting the most, and who’s best positioned to weather the storm. And, in today’s Earnings Exchange: we’ll bring you the action, the story and the trade in Lennar, FedEx and Rivian ahead of results next week. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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The Exchange