Ed Elson

Was this a taco?

And what do you think this means for the markets going forward?

Yeah, you wrote in your newsletter, you said, quote, Will the truce hold?

Markets have decided that the glass is half full.

Oil prices fell hard and Asian stocks rose on the news.

Unhedged, which is your newsletter, that's you guys.

So basically, Rob.

Unhed still believes investors are underpricing the possibility that sustained high energy prices will push inflation higher and growth lower.

Could you elaborate on that point, please, Rob?

Yeah.

John, what do you make of that argument?

Yeah, it's a really interesting point.

It gets to the point of, I mean, it almost doesn't matter how we feel about it.

What matters is how Jerome Powell feels about it.

Stay tuned for more of this panel after the break.

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It was indeed.

You surprised me with Virgin Atlantic upper class tickets to London.

So tell us all about it.