Stocks Swing As War Arrives // Fed's Favorite Inflation Metric // Consumer Spending Jumps In Jan. - 2/25 (Hour 1)

(0:58) - The guys kick off the show with the latest developments in the Russian invasion of Ukraine. They also review the wild swings in markets Thursday, which involved a nearly 7% swing in the Nasdaq.(14:26) - A conversation about inflation, which Chuck predicts will still end up being the biggest market mover in 2022. The Fed's preferred inflation metric hit its highest level since 1983.(27:47) - Continuing the inflation discussion, specifically talking about what other variables, if any, could naturally slow inflation other than the Fed raising rates.(34:08) - Taking a look at personal income and consumer spending for January, the former of which was flat while the latter rose 2.1%,