CPI Rises More Than Expected // Bank Earnings Beating Estimates // Heather Haddon of WSJ - 7/13 (Hour 1)

(0:39) - The Consumer Price Index (CPI) for June showed a 0.9% rise for the month, with a 5.4% increase year over year. Core CPI, which includes food and energy, was also up 5%. The guys discuss if this is telling of whether or not inflation is transitory or if it is here to stay.(12:39) - The St. Louis Fed President wants to slow the pace of bond-buying and is worried that the housing market is overheated. Are housing prices going to come down soon, accompanied by higher rates?(26:29) - Earnings season is underway with bank earnings being released first. Banks like JP Morgan are beating estimates, but there may be more to earnings beats than meets the eye with big banks. (31:05) - Heather Haddon of The Wall Street Journal joined the show to update us on the current state of employment in the restaurant industry. What trends are we seeing, and what are restaurants doing to attract workers?