Recession fears have been blown out of the water

Paul Lane and Marc Fandetti discuss the comments from former St. Louis Fed President, James Bullard, about how Americans are viewing inflation. What should be expected from Jerome Powell's speech at Jackson Hole. New home sales rise to highest level in more than a year. How high a rate can housing take? Nvidia nears record high as AI demand fuels blowout forecast. Arizona labor spat signals challenges for US chip manufacturing. US Steel and Cliffs spar over union's rights. Are hedge fund pioneers facing the end of a golden era?