Trucker Troubles; Holdings on the Hill; The Consumer Squeeze

Inflation is squeezing consumer wallets, and it’s likely to soon start affecting the housing market. Becky Quick and Brian Sullivan discuss how the latest inflation data may strongarm the Fed into taking more aggressive economic action than originally planned for 2022. Truckers protesting vaccine mandates on the U.S.-Canada border are disrupting an already fraught auto industry. New York Times columnist Tom Friedman admits their right to protest and underlines his own right to label the activism “selfish.” As states begin to lift mask mandates, Dr. Scott Gottlieb considers the impact of rates of Covid infection. Cases might not decrease as rapidly, but he says they’ll remain on the decline. Plus, Congress is regulating their own portfolios, and Becky’s preparing for an #AskMeAnything interview with Berkshire Hathaway’s Charlie Munger. Submit questions of your own to [email protected]!

 

In this episode:

Tom Friedman, @tomfriedman

Dr. Scott Gottlieb, @ScottGottliebMD

Becky Quick, @BeckyQuick

Brian Sullivan, @SullyCNBC

Katie Kramer, @Kramer_Katie

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