The fight against inflation is a long way from being over

Chuck Zodda and Paul Lane discuss how this week's data releases highlighted how far the economy is away from defeating inflation. Those bullish on the stock market believe a wall of cash is going to be directed towards the stock market, they could be very wrong. Private equity wants your credit debt. And car loan. And mortgage. China urges EV makers to buy local chips as the clash with the US deepens. China's real-estate market just set a record, but not a good one. Cities face cutbacks as commercial real esate prices drop.