Detailed text transcripts for TV channel - FOXNEWS - 20210612:14:42:00
70's inflation spiral, they have a weird way of showing it. i believe the s&p 500 hit a new word yesterday, bond yields are actually going down a little bit, so what is the market telling -- not that it's always right. what is it telling us right now? >> that's exactly right. the market is passing its judgment which is -- which is that this is transitory. that what we are seeing is largely -- even overwhelmingly a function of what the economists call a base effect and namely the economy was shut down and you should expect that it's not shut down now and that we would see rapid increases in pri...